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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SEC-registered adviser

M••••••• R••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 148870SEC 801-60938websiteIAPD
Latest filing May 20, 2026
First filing on the tape Mar 23, 2020 · 18 filings
SEC status approved since Mar 8, 2002
RAUM
$8.7B
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
59
25 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$8.7B as of May 20, 2026
Mar 30, 2020$5.6B then
HNW client RAUM$0 as of May 20, 2026
Mar 30, 2020$0 then
State-registered IARs (5.B.3)0 as of May 20, 2026
Mar 30, 20200 then
Employees (5.A)59 as of May 20, 2026
Mar 30, 202055 then
Private funds4 as of May 20, 2026
Mar 30, 20203 then
RAUM -3.3% over the last fiscal year+12% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
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
$963MderivedRAUM 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
-3.3%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
financial planning, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisers, otherreportedItem 5.G
Custody
$430M, 6 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
  • is a broker-dealer (6.A.1)
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$8.4B97%
  • Pooled investment vehicles$252M2.9%
Individual clients
0reported
HNW clients
n/areported
Pension plan clients
0reported
Charitable clients
n/areported
Accounts
9reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$430M for 6 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=6.0derived
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
      6 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• H••••• · Chairmancontrol
        since 06/1978 · owns 25% to 50%
      • B••••••••• G•••• R•••••• · Cfo & Finop, Broker Dealercontrol
        since 04/2020 · owns 5% to 10%
      • C••••••• C•••• T••• · Trustee And Beneficiary, C•••••• M•••••• Trustcontrol
        since 04/2020 · owns less than 5%
      • F•••••• H•••••• S•••• · Trustee, C•••••• M•••••• Trustcontrol
        since 04/2020 · owns less than 5%
      • F••••••••• S••••• M••• · General Counsel/ Cco/ Ceo Of The Broker Dealercontrol
        since 01/2004 · owns less than 5%
      • F••••••••• M••• B•••• · Senior Vice Presidentcontrol
        since 01/2006 · owns less than 5%
      • G••••••• B•••• A••• · Co-Chief Executive Officer, Executive Director Of T••••••control
        since 11/2015 · owns 10% to 25%
      • N•••••• J••••• L••••• · Trustee, R•••••••• Q••• Trustcontrol
        since 05/2014 · owns less than 5%
      • S••••• G•••• N••••• · Co-Chief Executive Officer, Chief Investment Officercontrol
        since 11/2015 · owns 10% to 25%
      • S••••••••• S•••••••• D••• · Trustee, C•••••• M•••••• Trustcontrol
        since 04/2020 · owns less than 5%
      • W•• I••• · Chief Financial Officercontrol
        since 02/2020 · owns less than 5%
      Entity owners
      • M•••••• T•••• U•••• A•••••• S•••• O• T•• L••• W••• A•• T•••••••• O• G••••• E• C•••••• · Shareholder
        direct · owns 25% to 50%
      • R•••••••• Q••• T•••• E••••••••• U•••• T•• D••••• B•••••• N••••• R•••••••• T•••• · Shareholder
        direct · owns 5% to 10%
      Related persons
      Schedule D 7.A
      • M••••••• A•••• M••••••••• L•••
        investment advisern
      • M••••••• I••••••••• ••••••• L••
        broker-dealern
      • S••••••• Q••••••• A•••• M••••••••• C••• L•••
        banky
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 14 to 9
        Apr 30, 2025 to Mar 26, 2026
      • Advisory employees · 23 to 25
        Apr 30, 2025 to Mar 26, 2026
      • BD registered reps · 5 to 6
        Apr 30, 2025 to Mar 26, 2026
      • Pooled vehicle clients · 11 to 6
        Apr 30, 2025 to Mar 26, 2026
      • Assets in custody · $418M to $430M
        Apr 30, 2025 to Mar 26, 2026
      • Employees · 56 to 59
        Apr 30, 2025 to Mar 26, 2026
      • Private funds · 5 to 4
        Apr 30, 2025 to Mar 26, 2026
      • Discretionary RAUM · $9.0B to $8.7B
        Apr 30, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $905M to $252M
        Apr 30, 2025 to Mar 26, 2026
      • RAUM · $9.0B to $8.7B
        Apr 30, 2025 to Mar 26, 2026
      • Accounts · 11 to 14
        Mar 4, 2025 to Apr 30, 2025
      • Advisory employees · 22 to 23
        Mar 4, 2025 to Apr 30, 2025
      • Pooled vehicle clients · 8 to 11
        Mar 4, 2025 to Apr 30, 2025
      • Assets in custody · $401M to $418M
        Mar 4, 2025 to Apr 30, 2025
      • Employees · 54 to 56
        Mar 4, 2025 to Apr 30, 2025
      • Financial planning clients · 1-10 to 1-10
        Mar 4, 2025 to Apr 30, 2025
      • Discretionary RAUM · $6.8B to $9.0B
        Mar 4, 2025 to Apr 30, 2025
      • Pooled vehicle RAUM · $560M to $905M
        Mar 4, 2025 to Apr 30, 2025
      • RAUM · $6.8B to $9.0B
        Mar 4, 2025 to Apr 30, 2025
      • Succession · true to false
        Mar 4, 2025 to Apr 30, 2025
      • Business name · M••••••• R••••••••• C••••••••• to M••••••• R••••••••• L••
        Sep 9, 2024 to Mar 4, 2025
      • Legal name · M••••••• R••••••••• C••••••••• to M••••••• R••••••••• L••
        Sep 9, 2024 to Mar 4, 2025
      • Organization form · Corporation to Limited Liability Company
        Sep 9, 2024 to Mar 4, 2025
      • Succession · false to true
        Sep 9, 2024 to Mar 4, 2025
      • Accounts · 13 to 11
        May 1, 2023 to Mar 25, 2024
      • Advisory employees · 20 to 22
        May 1, 2023 to Mar 25, 2024
      • BD registered reps · 3 to 5
        May 1, 2023 to Mar 25, 2024
      • Pooled vehicle clients · 10 to 8
        May 1, 2023 to Mar 25, 2024
      • Assets in custody · $380M to $401M
        May 1, 2023 to Mar 25, 2024
      • Employees · 55 to 54
        May 1, 2023 to Mar 25, 2024
      • Discretionary RAUM · $6.2B to $6.8B
        May 1, 2023 to Mar 25, 2024
      • Pooled vehicle RAUM · $611M to $560M
        May 1, 2023 to Mar 25, 2024
      • RAUM · $6.2B to $6.8B
        May 1, 2023 to Mar 25, 2024
      • Related adviser · false to true
        May 1, 2023 to Mar 25, 2024
      • Accounts · 11 to 13
        Apr 28, 2022 to Mar 27, 2023
      • Advisory employees · 18 to 20
        Apr 28, 2022 to Mar 27, 2023
      • Pooled vehicle clients · 8 to 10
        Apr 28, 2022 to Mar 27, 2023
      • Assets in custody · $468M to $380M
        Apr 28, 2022 to Mar 27, 2023
      • Employees · 51 to 55
        Apr 28, 2022 to Mar 27, 2023
      • Private funds · 4 to 5
        Apr 28, 2022 to Mar 27, 2023
      Signals
      15 dated events
      • M••••••• R••••••••• L•• reported RAUM $9.0B, up 31% from $6.8B (2025-03-04 to 2025-04-30)
        Apr 30, 2025 · RAUM change · derived
      • M••••••• R••••••••• L•• reported succeeding to the business of M••••••• R••••••••• C••••••••• (Form ADV Item 4)
        Mar 4, 2025 · Succession (Item 4) · fact
      • Bryon Harold Lyons (Ceo & Cco, Broker Dealer) no longer on Schedule A of M••••••• R••••••••• L•• (listed 2024-03-25, absent 2024-09-09)
        Sep 9, 2024 · Control person left · inference
      • M••••••• R••••••••• L•• reported RAUM $6.2B, up 74% from $3.6B (2022-04-28 to 2023-03-27)
        Mar 27, 2023 · RAUM change · derived
      • Stephanie Dawn Stapleton (Personal Representative) appeared on Schedule A of M••••••• R••••••••• L••
        Mar 22, 2021 · Control person joined · fact
      • George Edwin Crapple (Shareholder) no longer on Schedule A of M••••••• R••••••••• L•• (listed 2020-06-24, absent 2021-03-22)
        Mar 22, 2021 · Control person left · inference
      • Richard Bradley Sobel (Cfo & Finop, Broker Dealer) no longer on Schedule A of M••••••• R••••••••• L•• (listed 2020-06-24, absent 2021-03-22)
        Mar 22, 2021 · Control person left · inference
      • Carol Tuyn Crapple (Personal Representative) appeared on Schedule A of M••••••• R••••••••• L••
        Mar 22, 2021 · Control person joined · fact
      • M••••••• R••••••••• L•• reported RAUM $2.9B, down 49% from $5.6B (2020-06-24 to 2021-03-22)
        Mar 22, 2021 · RAUM change · derived
      • Heather Shawn Fargis (Personal Representative) appeared on Schedule A of M••••••• R••••••••• L••
        Mar 22, 2021 · Control person joined · fact
      • Barry Alan Goodman (Co-Chief Executive Officer, Executive Director Of Trading) appeared on Schedule A of M••••••• R••••••••• L••
        Mar 30, 2020 · Control person joined · fact
      • Ilon Wu (Chief Financial Officer) appeared on Schedule A of M••••••• R••••••••• L••
        Mar 30, 2020 · Control person joined · fact
      • Judith London Newton (Trustee, Residuary Qsst Trust) appeared on Schedule A of M••••••• R••••••••• L••
        Mar 30, 2020 · Control person joined · fact
      • M••••••• R••••••••• L•• reported RAUM $5.6B, up 31% from $4.3B (2020-03-25 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Grant Norman Smith (Co-Chief Executive Officer, Chief Investment Officer) appeared on Schedule A of M••••••• R••••••••• L••
        Mar 30, 2020 · Control person joined · fact
      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
      M•••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212-332-7300reportedpublic record, Form ADV, May 20, 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