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

S••• A•••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 148964SEC 801-69790IAPD
Latest filing Jul 13, 2026
First filing on the tape Mar 28, 2012 · 38 filings
SEC status approved since Dec 17, 2008
RAUM
$366M
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
18
12 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
22
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$366M as of Jul 13, 2026
Mar 28, 2012$189M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 13, 2026
Mar 28, 20130 then
Employees (5.A)18 as of Jul 13, 2026
Mar 28, 201311 then
Private funds22 as of Jul 13, 2026
Mar 28, 20124 then
RAUM -17% over the last fiscal year+7.3% a year over threeIARs 0 to 0offices 3 to 5
Practice profile
derived from the filing of Jul 13, 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
$15.3MderivedRAUM 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
unknownderived6 offices incl. principal (1.F.5)
RAUM growth, one year
-17%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 vehicles, selection of other advisersreportedItem 5.G
Custody
$139M, 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
  • 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)
  • 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$366M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
24reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$139M 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=0.0derived
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
      27 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      G••••• E••••• A••••• F•••• L•••Other Private Fund$52.0M7Mar 29, 2012
      H•••••••• A••••••••• F••• Q•• L•Other Private Fund$44.7M25Mar 28, 2012
      L•••••• P••••• E••••• I••••••••• F••• L•Private Equity Fund$37.9M41Apr 1, 2016
      C••••••••• P•••••• E••••• F•••• L•Private Equity Fund$32.5M26Mar 27, 2013
      H•••••••• A••••••••• F••• L•Other Private Fund$26.7M32Mar 28, 2012
      A•••••••• M••••• M••••• O••••••••• F•••• L•••Private Equity Fund$23.3M7Aug 8, 2013
      H•••••••• I••••••••• F•••• L•Other Private Fund$21.7M28Mar 28, 2012
      L•••••• P••••• E••••• I••••••••• F••• ••••••••• L•Private Equity Fund$15.2M5Apr 1, 2016
      O•• T•••• B•••••••• L••Private Equity Fund$10.7M73Mar 30, 2020
      P••••• Q•• F••• I• L••Private Equity Fund$7.2M11Mar 31, 2021
      O•• T•••• C••••••• L••Private Equity Fund$4.9M90Mar 31, 2019
      O•• T•••• G•••••• L••no longer reportedPrivate Equity Fund$4.8M29Mar 30, 2020
      O•• T•••• P••••••• L••no longer reportedPrivate Equity Fund$4.0M52Mar 31, 2019
      T•• P••••••••• C•••••••• I••••• F•••• L••Private Equity Fund$3.9M8Mar 31, 2022
      O•• T•••• S••••• L••no longer reportedPrivate Equity Fund$3.8M68Mar 31, 2019
      O•• T•••• G••••• L••Private Equity Fund$3.4M48Mar 31, 2021
      A•••••••• S•••••• O••••••••• F••• I• L•Private Equity Fund$2.1M1Mar 29, 2012
      O•• T•••• M•••••••• L••Private Equity Fund$1.9M19Mar 30, 2020
      O•• T•••• M•••• L••Private Equity Fund$1.9M91Mar 31, 2019
      O•• T•••• A•••••••• L••Private Equity Fund$1.5M64Mar 30, 2020
      O•• T•••• Q•••••• L••Private Equity Fund$1.2M39Mar 31, 2019
      A•••• A••• L•••Private Equity Fund$1.0M2Mar 16, 2017
      O•• T•••• K••••• L••Private Equity Fund$880,23175Mar 31, 2019
      G• E••••• F•••• L••Private Equity Fund$804,37013Mar 31, 2022
      O•• T•••• H•••••• L••no longer reportedPrivate Equity Fund$430,2713Mar 31, 2019
      P•••••••• L•• V••••••••• F•••• L•no longer reportedOther Private Fund$316,95813Mar 28, 2012
      O•• T•••• B••••••• L••no longer reportedPrivate Equity Fund$126,85097Mar 31, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••• K••••• D•••• · Chief Operations Officercontrol
        since 05/2018 · owns less than 5%
      • M••••••••• K•••• P•••••• · Presidentcontrol
        since 01/2020 · owns less than 5%
      • P•••••••• A•••••• I••• · Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • Q••••••• N•••• L••••••• · Director Of Operationscontrol
        since 04/2023 · owns less than 5%
      • S•••• R•••••• J••••• · General Counselcontrol
        since 09/2020 · owns less than 5%
      • S•••• S•••••• C••••••••• · Chief Financial Officercontrol
        since 07/2024 · owns less than 5%
      • M••••••••• K•••• P•••••• · Managercontrol
        since 11/2017 · owns F of C••••• P••••••• E•• L••
      Entity owners
      • C••••• P••••••• L•• · Manager
        direct · owns 75% or more
      • C••••• P••••••• E•• L•• · Member
        indirect · owns 25% to 50% of C• H••••••• I• L••
      • C••••• P••••••• E••••• H•••••• L•• · Member
        indirect · owns 75% or more of C••••• P••••••• L••
      • C• H••••••• I• L•• · Member
        indirect · owns 75% or more of C••••• L••
      • C• I••••••••• I• L•• · Member
        indirect · owns 75% or more of C• I••••••••• I• L••
      • C• I••••••••• I• L•• · Member
        indirect · owns 75% or more of C• M••••• I• L••
      • C• M••••• I• L•• · Member
        indirect · owns 75% or more of C• M••••• I• L••
      • C• M••••• I• L•• · Member
        indirect · owns 75% or more of C••••• P••••••• E••••• H•••••• L••
      • C••••• L•• · Member
        indirect · owns 75% or more of C••••• L••
      • C••••• L•• · Member
        indirect · owns 75% or more of C••••• L••
      • C••••• L•• · Member
        indirect · owns 75% or more of C• I••••••••• I• L••
      • G•••••• C•••••• P••••••• X• L••• · Member
        indirect · owns 25% to 50% of C• H••••••• I• L••
      • G•••••• C•••••• X• L••• · General Partner
        indirect · owns F of G•••••• C•••••• P••••••• X• L•••
      • G•••••• X• G• L•• · General Partner
        indirect · owns F of G•••••• C•••••• X• L•••
      Related persons
      Schedule D 7.A
      Advisers that list S••• A•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • West Conshohoken, PA3 employees
      • Westfield, NJ
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • discretionary share shiftChange between filings · filing Mar 31, 2026
        discretionary share of RAUM moved from 68.0% to 100.0% between the annual amendments of 2025-03-31 and 2026-03-31
        peers: asset managers, $100M to $500M (1,567)
      • office count surgeChange between filings · filing Mar 31, 2026
        offices other than the principal office (Item 1.F.5) moved from 3.0 to 5.0 (+67.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (43 comparable advisers, 100.0th percentile of changes)
        peers: asset managers, $100M to $500M (43) · 100% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 22 to 24
        Sep 18, 2025 to Mar 31, 2026
      • Advisory employees · 9 to 12
        Sep 18, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 22 to 25
        Sep 18, 2025 to Mar 31, 2026
      • Assets in custody · $135M to $139M
        Sep 18, 2025 to Mar 31, 2026
      • Employees · 15 to 18
        Sep 18, 2025 to Mar 31, 2026
      • Insurance-licensed employees · 9 to 12
        Sep 18, 2025 to Mar 31, 2026
      • Other offices · 3 to 5
        Sep 18, 2025 to Mar 31, 2026
      • Discretionary RAUM · $301M to $366M
        Sep 18, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $141M to $0
        Sep 18, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $442M to $366M
        Sep 18, 2025 to Mar 31, 2026
      • RAUM · $442M to $366M
        Sep 18, 2025 to Mar 31, 2026
      • Financial planning clients · 0 to 0
        May 20, 2025 to Sep 18, 2025
      • Private funds · 17 to 22
        May 20, 2025 to Sep 18, 2025
      • Accounts · 24 to 22
        Sep 17, 2024 to Mar 31, 2025
      • Advisory employees · 14 to 9
        Sep 17, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 24 to 22
        Sep 17, 2024 to Mar 31, 2025
      • Assets in custody · $93.0M to $135M
        Sep 17, 2024 to Mar 31, 2025
      • Employees · 19 to 15
        Sep 17, 2024 to Mar 31, 2025
      • Insurance-licensed employees · 0 to 9
        Sep 17, 2024 to Mar 31, 2025
      • Other offices · 2 to 3
        Sep 17, 2024 to Mar 31, 2025
      • Private funds · 21 to 17
        Sep 17, 2024 to Mar 31, 2025
      • Discretionary RAUM · $296M to $301M
        Sep 17, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $242M to $141M
        Sep 17, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $538M to $442M
        Sep 17, 2024 to Mar 31, 2025
      • RAUM · $538M to $442M
        Sep 17, 2024 to Mar 31, 2025
      • Related bank · false to true
        Sep 17, 2024 to Mar 31, 2025
      • Related broker-dealer · false to true
        Sep 17, 2024 to Mar 31, 2025
      • Related insurance company · false to true
        Sep 17, 2024 to Mar 31, 2025
      • Accounts · 26 to 24
        Jul 13, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 26 to 24
        Jul 13, 2023 to Mar 28, 2024
      • Assets in custody · $93.8M to $93.0M
        Jul 13, 2023 to Mar 28, 2024
      • Other offices · 0 to 2
        Jul 13, 2023 to Mar 28, 2024
      • Private funds · 26 to 21
        Jul 13, 2023 to Mar 28, 2024
      • Discretionary RAUM · $296M to $296M
        Jul 13, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $0 to $242M
        Jul 13, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $296M to $538M
        Jul 13, 2023 to Mar 28, 2024
      • RAUM · $296M to $538M
        Jul 13, 2023 to Mar 28, 2024
      • Accounts · 10 to 26
        Feb 15, 2023 to Mar 31, 2023
      • Advisory employees · 12 to 14
        Feb 15, 2023 to Mar 31, 2023
      • Pooled vehicle clients · 10 to 26
        Feb 15, 2023 to Mar 31, 2023
      Signals
      22 dated events
      • A Benjamin Pace (Chief Investment Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2024-03-28, absent 2024-08-16)
        Aug 16, 2024 · Control person left · inference
      • George C••••••••• C••••• (Chief Financial Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2024-03-28, absent 2024-08-16)
        Aug 16, 2024 · Control person left · inference
      • C••••••••• S••••• S••• (Chief Financial Officer) appeared on Schedule A of S••• A•••••••• L••
        Aug 16, 2024 · Control person joined · fact
      • S••• A•••••••• L•• reported RAUM $538.1M, up 82% from $296.1M (2023-07-13 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • Isom Arthur Prostick (Chief Compliance Officer) appeared on Schedule A of S••• A•••••••• L••
        Mar 28, 2024 · Control person joined · fact
      • Elizabeth Nancy Renshaw (Chief Compliance Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2023-03-31, absent 2023-07-13)
        Jul 13, 2023 · Control person left · inference
      • Lawrence Neil Quinlan (Director Of Operations) appeared on Schedule A of S••• A•••••••• L••
        Jul 13, 2023 · Control person joined · fact
      • Elizabeth Nancy Renshaw (Chief Compliance Officer) appeared on Schedule A of S••• A•••••••• L••
        Mar 31, 2023 · Control person joined · fact
      • Ashley Stuart Evans (Chief Compliance Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2023-02-15, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Alexandra Maria Hodi (Chief Administrative Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2022-08-10, absent 2022-10-17)
        Oct 17, 2022 · Control person left · inference
      • G. C••••••••• C••••• (Chief Financial Officer) appeared on Schedule A of S••• A•••••••• L••
        Mar 26, 2021 · Control person joined · fact
      • Kathryn Joan Rockey (Chief Financial Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2020-09-18, absent 2021-01-04)
        Jan 4, 2021 · Control person left · inference
      • Ashley Stuart Evans (Chief Compliance Officer) appeared on Schedule A of S••• A•••••••• L••
        Sep 18, 2020 · Control person joined · fact
      • Kathryn Joan Rockey (Chief Financial Officer) appeared on Schedule A of S••• A•••••••• L••
        Mar 27, 2020 · Control person joined · fact
      • Joseph Thomas Obrien (Chief Financial Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2019-03-29, absent 2020-01-02)
        Jan 2, 2020 · Control person left · inference
      • Elliot David Aaron (Co-Chief Executive Officer And Chief Investment Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2019-03-29, absent 2020-01-02)
        Jan 2, 2020 · Control person left · inference
      • Mark Lloyd Abramowitz (Co-Chief Executive Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2019-03-29, absent 2020-01-02)
        Jan 2, 2020 · Control person left · inference
      • Ashley Stuart Evans (Chief Compliance Officer) no longer on Schedule A of S••• A•••••••• L•• (listed 2019-03-29, absent 2020-01-02)
        Jan 2, 2020 · Control person left · inference
      • Patrick Kurt Miscinski (President) appeared on Schedule A of S••• A•••••••• L••
        Jan 2, 2020 · Control person joined · fact
      • Alexandra Maria Hodi (Chief Administrative Officer) appeared on Schedule A of S••• A•••••••• L••
        Jan 2, 2020 · Control person joined · fact
      • A Benjamin Pace (Chief Investment Officer) appeared on Schedule A of S••• A•••••••• L••
        Jan 2, 2020 · Control person joined · fact
      • Kevin Hilden (Chief Operating Officer) appeared on Schedule A of S••• A•••••••• L••
        Jan 2, 2020 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      212-850-4260reportedpublic record, Form ADV, Jul 13, 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