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

M••••••• I••••••••• A••••••• L••

Former SEC-registered adviserHouston, TexasCRD 144833SEC 801-69321IAPD
Latest filing Mar 29, 2021
First filing on the tape Mar 26, 2012 · 13 filings
RAUM
$337M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
72%
$241M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$337M as of Mar 29, 2021
Mar 26, 2012$277M then
HNW client RAUM$229M as of Mar 29, 2021
Mar 27, 2018$242M then
State-registered IARs (5.B.3)2 as of Mar 29, 2021
Mar 26, 20120 then
Employees (5.A)5 as of Mar 29, 2021
Mar 27, 20134 then
Private funds: no history
RAUM +27% over the last fiscal year-0.2% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 29, 2021; every figure names its basis
RAUM per advisor
$168MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
46derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$3.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
4.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-19%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$229M68%
  • Corporations and businesses$82.2M24%
  • Individuals$12.3M3.6%
  • Charitable organizations$9.6M2.9%
  • Pension and profit-sharing plans$3.9M1.2%
Individual clients
15reported
HNW clients
76reported
Pension plan clients
1reported
Charitable clients
3reported
Accounts
103reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M•••••••• M•••••• H••••• · President/Sole Membercontrol
    since 11/1998 · owns 75% or more
  • C•••••••• D••••• L••• · Vice President
    since 03/2010 · owns less than 5%
  • R••••••• O•••••• C••••••• · Chief Compliance Officer & Vp
    since 09/2008 · owns less than 5%
  • R••••••• L•••• · Executive Vice President
    since 03/2010 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 125 to 103
    Jun 9, 2020 to Mar 29, 2021
  • HNW clients · 93 to 76
    Jun 9, 2020 to Mar 29, 2021
  • Individual clients · 20 to 15
    Jun 9, 2020 to Mar 29, 2021
  • Discretionary RAUM · $231M to $313M
    Jun 9, 2020 to Mar 29, 2021
  • HNW RAUM · $189M to $229M
    Jun 9, 2020 to Mar 29, 2021
  • Individual RAUM · $11.4M to $12.3M
    Jun 9, 2020 to Mar 29, 2021
  • Non-discretionary RAUM · $33.8M to $23.7M
    Jun 9, 2020 to Mar 29, 2021
  • Pension RAUM · $2.7M to $3.9M
    Jun 9, 2020 to Mar 29, 2021
  • RAUM · $265M to $337M
    Jun 9, 2020 to Mar 29, 2021
  • Accounts · 139 to 125
    Mar 27, 2019 to Mar 26, 2020
  • HNW clients · 97 to 93
    Mar 27, 2019 to Mar 26, 2020
  • Individual clients · 30 to 20
    Mar 27, 2019 to Mar 26, 2020
  • Employees · 4 to 5
    Mar 27, 2019 to Mar 26, 2020
  • Discretionary RAUM · $282M to $231M
    Mar 27, 2019 to Mar 26, 2020
  • HNW RAUM · $248M to $189M
    Mar 27, 2019 to Mar 26, 2020
  • Individual RAUM · $14.2M to $11.4M
    Mar 27, 2019 to Mar 26, 2020
  • Non-discretionary RAUM · $58.3M to $33.8M
    Mar 27, 2019 to Mar 26, 2020
  • Pension RAUM · $3.3M to $2.7M
    Mar 27, 2019 to Mar 26, 2020
  • RAUM · $340M to $265M
    Mar 27, 2019 to Mar 26, 2020
  • Accounts · 141 to 139
    Mar 27, 2018 to Mar 27, 2019
  • HNW clients · 96 to 97
    Mar 27, 2018 to Mar 27, 2019
  • Individual clients · 33 to 30
    Mar 27, 2018 to Mar 27, 2019
  • Discretionary RAUM · $278M to $282M
    Mar 27, 2018 to Mar 27, 2019
  • HNW RAUM · $242M to $248M
    Mar 27, 2018 to Mar 27, 2019
  • Individual RAUM · $15.3M to $14.2M
    Mar 27, 2018 to Mar 27, 2019
  • Non-discretionary RAUM · $61.3M to $58.3M
    Mar 27, 2018 to Mar 27, 2019
  • Pension RAUM · $3.1M to $3.3M
    Mar 27, 2018 to Mar 27, 2019
  • RAUM · $339M to $340M
    Mar 27, 2018 to Mar 27, 2019
  • Accounts · 149 to 141
    Mar 28, 2017 to Mar 27, 2018
  • Charity clients · unset to 3.0
    Mar 28, 2017 to Mar 27, 2018
  • Corporate clients · unset to 8.0
    Mar 28, 2017 to Mar 27, 2018
  • HNW clients · unset to 96.0
    Mar 28, 2017 to Mar 27, 2018
  • Individual clients · unset to 33.0
    Mar 28, 2017 to Mar 27, 2018
  • Pension plan clients · unset to 1.0
    Mar 28, 2017 to Mar 27, 2018
  • Pooled vehicle clients · unset to 0.0
    Mar 28, 2017 to Mar 27, 2018
  • Other offices · unset to 0.0
    Mar 28, 2017 to Mar 27, 2018
  • Discretionary RAUM · $266M to $278M
    Mar 28, 2017 to Mar 27, 2018
  • HNW RAUM · unset to 242256033.0
    Mar 28, 2017 to Mar 27, 2018
  • Individual RAUM · unset to 15329172.0
    Mar 28, 2017 to Mar 27, 2018
  • Non-discretionary RAUM · $63.5M to $61.3M
    Mar 28, 2017 to Mar 27, 2018
Signals
No event on the tape.
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