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

C•••••• M••••••••• L••

Former SEC-registered adviserVero Beach, FloridaCRD 147792SEC 801-69467websiteIAPD
Latest filing Mar 27, 2024
First filing on the tape Mar 29, 2012 · 28 filings
SEC status approved since Jul 25, 2008
RAUM
$1.7M
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
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
$1.7M gross assets
History
28 filings and snapshots on the tape
RAUM$1.7M as of Mar 27, 2024
Mar 29, 2012$351M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2024
Apr 4, 20130 then
Employees (5.A)4 as of Mar 27, 2024
Apr 4, 201313 then
Private funds2 as of Mar 27, 2024
Mar 29, 20123 then
RAUM -100% over the last fiscal year-88% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2024; 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
$831,047derivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-100%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 assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$1.7M, 2 clientsreportedItem 9.A
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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.7M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$1.7M for 2 clientsreported
Compensation
% of AUM, performancereported
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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      6 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• T•••••• C•••• · Ceo & Membercontrol
        since 12/2007 · owns 50% to 75%
      • K•••••••• F••••• · Chief Strategistcontrol
        since 09/2009 · owns less than 5%
      • Q•••••• S•••••• J••••• · President, Chief Operating Officer, Chief Compliance Officer & Membercontrol
        since 12/2007 · owns 50% to 75%
      • Q•••••• S•••••• J••••• · Owner & Managing Membercontrol
        since 09/2009 · owns 50% to 75% of S•• C•••••• L••
      Entity owners
      • S•• C•••••• L•• · Member
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • C•••••• C•••••• P••••••• G•• L•••
        pooled vehicle sponsorn
      • C•••••• I•••••••• I• G•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 4 to 2
        Mar 30, 2023 to Mar 27, 2024
      • Assets in custody · $445M to $1.7M
        Mar 30, 2023 to Mar 27, 2024
      • Employees · 7 to 4
        Mar 30, 2023 to Mar 27, 2024
      • HQ city · unset to VERO BEACH
        Mar 30, 2023 to Mar 27, 2024
      • HQ state · unset to FL
        Mar 30, 2023 to Mar 27, 2024
      • Discretionary RAUM · $445M to $1.7M
        Mar 30, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $445M to $1.7M
        Mar 30, 2023 to Mar 27, 2024
      • RAUM · $445M to $1.7M
        Mar 30, 2023 to Mar 27, 2024
      • Advisory employees · 17 to 4
        Aug 1, 2022 to Mar 30, 2023
      • Assets in custody · $876M to $445M
        Aug 1, 2022 to Mar 30, 2023
      • Employees · 25 to 7
        Aug 1, 2022 to Mar 30, 2023
      • HQ city · WASHINGTON to unset
        Aug 1, 2022 to Mar 30, 2023
      • HQ state · DC to unset
        Aug 1, 2022 to Mar 30, 2023
      • Discretionary RAUM · $876M to $445M
        Aug 1, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $876M to $445M
        Aug 1, 2022 to Mar 30, 2023
      • RAUM · $876M to $445M
        Aug 1, 2022 to Mar 30, 2023
      • Advisory employees · 16 to 17
        Sep 20, 2021 to Mar 29, 2022
      • Assets in custody · $1.0B to $876M
        Sep 20, 2021 to Mar 29, 2022
      • Employees · 24 to 25
        Sep 20, 2021 to Mar 29, 2022
      • Discretionary RAUM · $1.0B to $876M
        Sep 20, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $1.0B to $876M
        Sep 20, 2021 to Mar 29, 2022
      • RAUM · $1.0B to $876M
        Sep 20, 2021 to Mar 29, 2022
      • Related adviser · true to false
        Jul 1, 2021 to Aug 19, 2021
      • Accounts · 5 to 2
        Mar 27, 2020 to Mar 23, 2021
      • Pooled vehicle clients · 5 to 2
        Mar 27, 2020 to Mar 23, 2021
      • Assets in custody · $1.2B to $1.0B
        Mar 27, 2020 to Mar 23, 2021
      • Employees · 31 to 24
        Mar 27, 2020 to Mar 23, 2021
      • Private funds · 4 to 2
        Mar 27, 2020 to Mar 23, 2021
      • Discretionary RAUM · $1.2B to $1.0B
        Mar 27, 2020 to Mar 23, 2021
      • Pooled vehicle RAUM · $1.2B to $1.0B
        Mar 27, 2020 to Mar 23, 2021
      • RAUM · $1.2B to $1.0B
        Mar 27, 2020 to Mar 23, 2021
      • Advisory employees · 21 to 16
        Mar 29, 2019 to Mar 27, 2020
      • Assets in custody · $2.8B to $1.2B
        Mar 29, 2019 to Mar 27, 2020
      • Employees · 36 to 31
        Mar 29, 2019 to Mar 27, 2020
      • Private funds · 5 to 4
        Mar 29, 2019 to Mar 27, 2020
      • Discretionary RAUM · $2.8B to $1.2B
        Mar 29, 2019 to Mar 27, 2020
      • Pooled vehicle RAUM · $2.8B to $1.2B
        Mar 29, 2019 to Mar 27, 2020
      • RAUM · $2.8B to $1.2B
        Mar 29, 2019 to Mar 27, 2020
      • Advisory employees · 19 to 21
        Dec 14, 2018 to Mar 29, 2019
      • Assets in custody · $3.4B to $2.8B
        Dec 14, 2018 to Mar 29, 2019
      Signals
      5 dated events
      • C•••••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $1.7M)
        May 2, 2025 · Left the SEC roster · derived
      • C•••••• M••••••••• L•• reported RAUM $1.7M, down 100% from $444.8M (2023-03-30 to 2024-03-27)
        Mar 27, 2024 · RAUM change · derived
      • C•••••• M••••••••• L•• reported RAUM $444.8M, down 49% from $875.6M (2022-08-01 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • C•••••• M••••••••• L•• reported RAUM $1.2B, down 55% from $2.8B (2019-03-29 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      • C•••••• M••••••••• L•• reported RAUM $3.4B, up 39% from $2.4B (2017-03-30 to 2018-03-30)
        Mar 30, 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.
      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