DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

L•••••• S••••• A•••••••• I•••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 142949SEC 801-67698websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 28, 2012 · 32 filings
SEC status approved since Mar 23, 2007
RAUM
$1.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
19
13 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$1.9B as of Mar 27, 2026
Mar 28, 2012$600M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 28, 20120 then
Employees (5.A)19 as of Mar 27, 2026
Mar 28, 201311 then
Private funds1 as of Feb 28, 2020
Mar 28, 20121 then
RAUM +16% over the last fiscal year+12% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$314MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.7B90%
  • Pooled investment vehicles$186M9.8%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=7.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      T•• S••••••• O••••••••• F•••• L••no longer reportedHedge Fund$918,47110Mar 28, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • D••••••• S••••• D•••• · Chief Financial Officer, Treasurercontrol
        since 12/2007 · owns 25% to 50%
      • F••••••• V•••••• J••••• · Presidentcontrol
        since 04/2007 · owns 25% to 50%
      • H•••• R••••••• A•••••••• · Shareholdercontrol
        since 11/2006 · owns 25% to 50%
      • R••••• T••••••• W•••••• · Chief Executive Officercontrol
        since 11/2006 · owns 25% to 50%
      • F••••••• V•••••• J• · Senior Vice President, Chief Operating Officer
        since 07/2020 · owns less than 5%
      • N•••••• A•••••• P•••• · Chief Compliance Officer, General Counsel
        since 01/2008 · owns less than 5%
      Related persons
      Schedule D 7.A
      Advisers that list L•••••• S••••• A•••••••• I••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Burlingame, CA6 employees
      What changed
      consecutive filings, newest first
      • Employees · 18 to 19
        Nov 13, 2025 to Mar 27, 2026
      • Discretionary RAUM · $1.7B to $1.9B
        Nov 13, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $126M to $186M
        Nov 13, 2025 to Mar 27, 2026
      • RAUM · $1.7B to $1.9B
        Nov 13, 2025 to Mar 27, 2026
      • Accounts · 7 to 6
        Mar 20, 2025 to Nov 13, 2025
      • Advisory employees · 14 to 13
        Mar 20, 2025 to Nov 13, 2025
      • Employees · 19 to 18
        Mar 20, 2025 to Nov 13, 2025
      • Discretionary RAUM · $1.6B to $1.7B
        Mar 20, 2025 to Nov 13, 2025
      • Pooled vehicle RAUM · $83.1M to $126M
        Mar 20, 2025 to Nov 13, 2025
      • RAUM · $1.6B to $1.7B
        Mar 20, 2025 to Nov 13, 2025
      • Accounts · 6 to 7
        Mar 25, 2024 to Mar 20, 2025
      • BD registered reps · 6 to 7
        Mar 25, 2024 to Mar 20, 2025
      • Employees · 18 to 19
        Mar 25, 2024 to Mar 20, 2025
      • Financial planning clients · unset to
        Mar 25, 2024 to Mar 20, 2025
      • Discretionary RAUM · $1.4B to $1.6B
        Mar 25, 2024 to Mar 20, 2025
      • Pooled vehicle RAUM · $40.2M to $83.1M
        Mar 25, 2024 to Mar 20, 2025
      • RAUM · $1.4B to $1.6B
        Mar 25, 2024 to Mar 20, 2025
      • Advisory employees · 15 to 14
        Mar 31, 2023 to Mar 25, 2024
      • Employees · 19 to 18
        Mar 31, 2023 to Mar 25, 2024
      • Discretionary RAUM · $1.3B to $1.4B
        Mar 31, 2023 to Mar 25, 2024
      • Pooled vehicle RAUM · $23.9M to $40.2M
        Mar 31, 2023 to Mar 25, 2024
      • RAUM · $1.3B to $1.4B
        Mar 31, 2023 to Mar 25, 2024
      • Related insurance company · true to false
        Mar 31, 2023 to Mar 25, 2024
      • Accounts · 9 to 6
        Mar 30, 2022 to Mar 31, 2023
      • Advisory employees · 14 to 15
        Mar 30, 2022 to Mar 31, 2023
      • Employees · 17 to 19
        Mar 30, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.5B to $1.3B
        Mar 30, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $232,107 to $23.9M
        Mar 30, 2022 to Mar 31, 2023
      • RAUM · $1.5B to $1.3B
        Mar 30, 2022 to Mar 31, 2023
      • Accounts · 8 to 9
        Oct 29, 2021 to Mar 30, 2022
      • Advisory employees · 13 to 14
        Oct 29, 2021 to Mar 30, 2022
      • Advisory activities · 1 to 2
        Oct 29, 2021 to Mar 30, 2022
      • Pooled vehicle clients · unset to 1.0
        Oct 29, 2021 to Mar 30, 2022
      • Employees · 16 to 17
        Oct 29, 2021 to Mar 30, 2022
      • Discretionary RAUM · $1.7B to $1.5B
        Oct 29, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · unset to 232107.0
        Oct 29, 2021 to Mar 30, 2022
      • RAUM · $1.7B to $1.5B
        Oct 29, 2021 to Mar 30, 2022
      • BD registered reps · 7 to 6
        Sep 9, 2021 to Oct 29, 2021
      • Employees · 15 to 16
        Sep 9, 2021 to Oct 29, 2021
      • Other offices · 0 to 1
        Sep 9, 2021 to Oct 29, 2021
      Signals
      3 dated events
      • L•••••• S••••• A•••••••• I••• reported RAUM $1.3B, up 28% from $1.0B (2020-02-28 to 2020-07-30)
        Jul 30, 2020 · RAUM change · derived
      • J Victor Fontana (Senior Vice President, Chief Operating Officer) appeared on Schedule A of L•••••• S••••• A•••••••• I•••
        Jul 30, 2020 · Control person joined · fact
      • L•••••• S••••• A•••••••• I••• reported RAUM $572.3M, down 82% from $3.2B (2017-03-30 to 2018-03-13)
        Mar 13, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      L••••••S•••••FUNDS.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212-240-9721reportedpublic record, Form ADV, Mar 27, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026