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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

D•••••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)San Francisco, CaliforniaCRD 149091SEC 801-107612IAPD
Latest filing Sep 4, 2026
First filing on the tape Mar 30, 2016 · 17 filings
SEC status approved since Apr 4, 2016
RAUM
$813M
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
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$813M as of Mar 26, 2026
Mar 31, 2017$346M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 31, 20171 then
Employees (5.A)3 as of Mar 26, 2026
Mar 31, 20172 then
Private funds2 as of Mar 26, 2026
Mar 31, 20173 then
RAUM -18% over the last fiscal year-4.8% a year over threeIARs 1 to 0
Practice profile
derived from the filing of Sep 4, 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
$406MderivedRAUM 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
-18%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 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
$491M, 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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$813M100%
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
$491M for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd= related_bank= 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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      D•••••• P••••••• Q•• L•Hedge Fund$1.1B21Mar 30, 2016
      D•••••• P••••••• Q• •••••••• L•••no longer reportedHedge Fund$105M4Mar 30, 2016
      D•••••• P•••••••• L•Hedge Fund$79.1M33Mar 30, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• S•••••• R•••••• · Ceo, Chief Compliance Officercontrol
        since 11/2008 · owns 75% or more
      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
      • Financial planning clients · to unset
        Mar 26, 2026 to Sep 4, 2026
      • Private funds · 2 to unset
        Mar 26, 2026 to Sep 4, 2026
      • Related adviser · false to unset
        Mar 26, 2026 to Sep 4, 2026
      • Related bank · false to unset
        Mar 26, 2026 to Sep 4, 2026
      • Related broker-dealer · false to unset
        Mar 26, 2026 to Sep 4, 2026
      • Related insurance company · false to unset
        Mar 26, 2026 to Sep 4, 2026
      • Succession · false to unset
        Mar 26, 2026 to Sep 4, 2026
      • Assets in custody · $497M to $491M
        Mar 26, 2025 to Mar 26, 2026
      • State-registered IARs · 1 to 0
        Mar 26, 2025 to Mar 26, 2026
      • Discretionary RAUM · $988M to $813M
        Mar 26, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $988M to $813M
        Mar 26, 2025 to Mar 26, 2026
      • RAUM · $988M to $813M
        Mar 26, 2025 to Mar 26, 2026
      • Assets in custody · $612M to $497M
        Mar 26, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Mar 26, 2024 to Mar 26, 2025
      • Discretionary RAUM · $1.1B to $988M
        Mar 26, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $1.1B to $988M
        Mar 26, 2024 to Mar 26, 2025
      • RAUM · $1.1B to $988M
        Mar 26, 2024 to Mar 26, 2025
      • Assets in custody · $579M to $612M
        Mar 30, 2023 to Mar 26, 2024
      • Discretionary RAUM · $943M to $1.1B
        Mar 30, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $943M to $1.1B
        Mar 30, 2023 to Mar 26, 2024
      • RAUM · $943M to $1.1B
        Mar 30, 2023 to Mar 26, 2024
      • Assets in custody · $420M to $579M
        Mar 25, 2022 to Mar 30, 2023
      • Discretionary RAUM · $710M to $943M
        Mar 25, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $710M to $943M
        Mar 25, 2022 to Mar 30, 2023
      • RAUM · $710M to $943M
        Mar 25, 2022 to Mar 30, 2023
      • Assets in custody · $330M to $420M
        Mar 22, 2021 to Mar 25, 2022
      • Discretionary RAUM · $655M to $710M
        Mar 22, 2021 to Mar 25, 2022
      • Pooled vehicle RAUM · $655M to $710M
        Mar 22, 2021 to Mar 25, 2022
      • RAUM · $655M to $710M
        Mar 22, 2021 to Mar 25, 2022
      • Assets in custody · $434M to $330M
        Mar 27, 2020 to Mar 22, 2021
      • Discretionary RAUM · $766M to $655M
        Mar 27, 2020 to Mar 22, 2021
      • Pooled vehicle RAUM · $766M to $655M
        Mar 27, 2020 to Mar 22, 2021
      • RAUM · $766M to $655M
        Mar 27, 2020 to Mar 22, 2021
      • Accounts · 3 to 2
        Mar 28, 2019 to Mar 27, 2020
      • Pooled vehicle clients · 3 to 2
        Mar 28, 2019 to Mar 27, 2020
      • Assets in custody · $358M to $434M
        Mar 28, 2019 to Mar 27, 2020
      • Private funds · 3 to 2
        Mar 28, 2019 to Mar 27, 2020
      • Discretionary RAUM · $664M to $766M
        Mar 28, 2019 to Mar 27, 2020
      • Pooled vehicle RAUM · $664M to $766M
        Mar 28, 2019 to Mar 27, 2020
      • RAUM · $664M to $766M
        Mar 28, 2019 to Mar 27, 2020
      Signals
      3 dated events
      • D•••••• C•••••• M••••••••• L•• reported RAUM $943.5M, up 33% from $709.8M (2022-03-25 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • D•••••• C•••••• M••••••••• L•• reported RAUM $634.9M, up 83% from $346.5M (2017-03-31 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      • D•••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 30, 2016 · 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.
      How to reach
      public business contact points only, each with its source
      Principal office phone
      (415) 418-2201reportedpublic record, Form ADV, Sep 4, 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