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.

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Former SEC-registered adviser

P•••••••• P•••••••• L••

Former SEC-registered adviserSan Ramon, CaliforniaCRD 144589SEC 801-110121IAPD
Latest filing Jun 24, 2020
First filing on the tape Mar 9, 2012 · 12 filings
RAUM
$162M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
85%
$137M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$162M as of Feb 11, 2020
Mar 9, 2012$70.0M then
HNW client RAUM$126M as of Feb 11, 2020
Mar 27, 2018$114M then
State-registered IARs (5.B.3)2 as of Feb 11, 2020
Mar 27, 20182 then
Employees (5.A)2 as of Feb 11, 2020
Mar 27, 20182 then
Private funds: 1
RAUM +0.2% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Jun 24, 2020; every figure names its basis
RAUM per advisor
$80.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$629,829derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+0.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.1%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, otherreportedItem 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
  • High-net-worth individuals$126M78%
  • Charitable organizations$24.4M15%
  • Individuals$11.9M7.4%
Individual clients
29reported
HNW clients
69reported
Pension plan clients
0reported
Charitable clients
4reported
Accounts
257reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
A•••••• P•••••••• L••no longer reportedHedge Fund$03Mar 9, 2012
Owners and control persons
Schedule A and B, latest filing
  • F••••••• R•••••• S••••• · Managing Partner/Chief Compliance Officercontrol
    since 08/2007 · owns 50% to 75%
  • N•••••• F•••••••• C• · Managing Partner/Membercontrol
    since 08/2007 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 100 to 257
    Feb 12, 2019 to Feb 11, 2020
  • HNW clients · 68 to 69
    Feb 12, 2019 to Feb 11, 2020
  • Individual clients · 28 to 29
    Feb 12, 2019 to Feb 11, 2020
  • Discretionary RAUM · $162M to $162M
    Feb 12, 2019 to Feb 11, 2020
  • HNW RAUM · $125M to $126M
    Feb 12, 2019 to Feb 11, 2020
  • RAUM · $162M to $162M
    Feb 12, 2019 to Feb 11, 2020
  • Accounts · 88 to 100
    Mar 27, 2018 to Feb 12, 2019
  • Charity clients · unset to 4.0
    Mar 27, 2018 to Feb 12, 2019
  • HNW clients · 66 to 68
    Mar 27, 2018 to Feb 12, 2019
  • Individual clients · 18 to 28
    Mar 27, 2018 to Feb 12, 2019
  • Discretionary RAUM · $147M to $162M
    Mar 27, 2018 to Feb 12, 2019
  • HNW RAUM · $114M to $125M
    Mar 27, 2018 to Feb 12, 2019
  • Individual RAUM · $6.9M to $11.9M
    Mar 27, 2018 to Feb 12, 2019
  • RAUM · $147M to $162M
    Mar 27, 2018 to Feb 12, 2019
  • Accounts · 157 to 88
    Mar 2, 2017 to Mar 27, 2018
  • Corporate clients · unset to 0.0
    Mar 2, 2017 to Mar 27, 2018
  • HNW clients · unset to 66.0
    Mar 2, 2017 to Mar 27, 2018
  • Individual clients · unset to 18.0
    Mar 2, 2017 to Mar 27, 2018
  • Pension plan clients · unset to 0.0
    Mar 2, 2017 to Mar 27, 2018
  • Pooled vehicle clients · unset to 0.0
    Mar 2, 2017 to Mar 27, 2018
  • Other offices · unset to 1.0
    Mar 2, 2017 to Mar 27, 2018
  • Discretionary RAUM · $133M to $147M
    Mar 2, 2017 to Mar 27, 2018
  • HNW RAUM · unset to 114359311.0
    Mar 2, 2017 to Mar 27, 2018
  • Individual RAUM · unset to 6900000.0
    Mar 2, 2017 to Mar 27, 2018
  • RAUM · $133M to $147M
    Mar 2, 2017 to Mar 27, 2018
  • Accounts · 78 to 157
    Oct 24, 2012 to Mar 2, 2017
  • Advisory employees · unset to 2.0
    Oct 24, 2012 to Mar 2, 2017
  • Employees · unset to 2.0
    Oct 24, 2012 to Mar 2, 2017
  • State-registered IARs · unset to 2.0
    Oct 24, 2012 to Mar 2, 2017
  • Discretionary RAUM · $70.0M to $133M
    Oct 24, 2012 to Mar 2, 2017
  • RAUM · $70.0M to $133M
    Oct 24, 2012 to Mar 2, 2017
  • Insurance-licensed employees · 1 to 0
    May 15, 2012 to Jun 18, 2012
  • Private funds · 1 to unset
    Apr 23, 2012 to Apr 26, 2012
Signals
1 dated events
  • P•••••••• P•••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 2, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
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
Former SEC-registered adviserderiveda 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