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

R•••• I••••••••• S••••••••• L••

No RAUM reportedLos Gatos, CaliforniaCRD 150801SEC 801-70961IAPD
Latest filing Mar 16, 2026
First filing on the tape Jan 23, 2012 · 31 filings
SEC status approved since Jan 20, 2010
RAUM
$0
reported, Item 5.F
Discretionary
n/a
of RAUM
Private clients
n/a
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
17
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$0 as of Mar 16, 2026
Jan 23, 2012$114M then
HNW client RAUM$0 as of Mar 16, 2026
Mar 26, 2018$0 then
State-registered IARs (5.B.3)3 as of Mar 16, 2026
Feb 21, 20135 then
Employees (5.A)17 as of Mar 16, 2026
Feb 21, 20135 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 4 to 3
Practice profile
derived from the filing of Mar 16, 2026; every figure names its basis
RAUM per advisor
$0derivedRAUM 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
unknownderivedRAUM over accounts (5.F.2.f)
Discretionary
unknownderivedof RAUM
Institutional
unknownderivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
5.7derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
-25%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
selection of other advisers, otherreportedItem 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)
  • 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
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
0reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=5.0derived
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
  • B•••• R••••••• E••• · Chief Executive Officercontrol
    since 08/2009 · owns less than 5%
  • B••••• A•••••• M•••••• · Chief Financial Officer And Chief Investment Officercontrol
    since 08/2009 · owns less than 5%
  • B•••••• B••••• C•••••• · Presidentcontrol
    since 08/2009 · owns less than 5%
  • L•••••• K••• A•• · Chief Operating Officercontrol
    since 08/2009 · owns less than 5%
  • B•••• R••••••• E••• · Trusteecontrol
    since 08/2009 · owns F of T•• R•••••• E• B••• R•••••••• T••••
  • B••••• A•••••• M•••••• · Trusteecontrol
    since 08/2009 · owns F of T•• B•••• R•••••••• T••••
  • B•••••• B••••• C•••••• · Trusteecontrol
    since 08/2009 · owns 75% or more of T•• B•••• C• B••••• R•••••••• T••••
  • L•••••• K••• A•• · Trusteecontrol
    since 08/2009 · owns F of T•• L••••• R•••••••• T••••
  • E••••••••• L••••• S•••• · Chief Compliance Officer
    since 07/2023 · owns less than 5%
Entity owners
  • T•• B•••• C• B••••• R•••••••• T•••• · Managing Member
    direct · owns 25% to 50%
  • T•• R•••••• E• B••• R•••••••• T•••• · Managing Member
    direct · owns 25% to 50%
  • T•• B•••• R•••••••• T•••• · Managing Member
    direct · owns 10% to 25%
  • T•• L••••• R•••••••• T•••• · Managing Member
    direct · owns 5% to 10%
Related persons
Schedule D 7.A
Advisers that list R•••• I••••••••• S••••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Los Gatos, Ca · principal000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Advisory employees · 4 to 3
    Nov 5, 2025 to Mar 16, 2026
  • BD registered reps · 6 to 5
    Nov 5, 2025 to Mar 16, 2026
  • Employees · 18 to 17
    Nov 5, 2025 to Mar 16, 2026
  • State-registered IARs · 4 to 3
    Nov 5, 2025 to Mar 16, 2026
  • Financial planning clients · 0 to 0
    Apr 17, 2025 to Nov 5, 2025
  • Accounts · unset to 0.0
    Jul 17, 2024 to Apr 17, 2025
  • State-registered IARs · 3 to 4
    Jul 17, 2024 to Apr 17, 2025
  • Discretionary RAUM · unset to 0.0
    Jul 17, 2024 to Apr 17, 2025
  • Non-discretionary RAUM · unset to 0.0
    Jul 17, 2024 to Apr 17, 2025
  • RAUM · unset to 0.0
    Jul 17, 2024 to Apr 17, 2025
  • Accounts · 0.0 to unset
    Aug 23, 2023 to Mar 20, 2024
  • HNW clients · 0.0 to unset
    Aug 23, 2023 to Mar 20, 2024
  • Individual clients · 0.0 to unset
    Aug 23, 2023 to Mar 20, 2024
  • Pooled vehicle clients · 0.0 to unset
    Aug 23, 2023 to Mar 20, 2024
  • Employees · 14 to 18
    Aug 23, 2023 to Mar 20, 2024
  • Discretionary RAUM · 0.0 to unset
    Aug 23, 2023 to Mar 20, 2024
  • HNW RAUM · unset to 0.0
    Aug 23, 2023 to Mar 20, 2024
  • Individual RAUM · unset to 0.0
    Aug 23, 2023 to Mar 20, 2024
  • Non-discretionary RAUM · 0.0 to unset
    Aug 23, 2023 to Mar 20, 2024
  • Pension RAUM · unset to 0.0
    Aug 23, 2023 to Mar 20, 2024
  • Pooled vehicle RAUM · unset to 0.0
    Aug 23, 2023 to Mar 20, 2024
  • RAUM · 0.0 to unset
    Aug 23, 2023 to Mar 20, 2024
  • Accounts · 1,626 to 0
    Jan 26, 2023 to Mar 31, 2023
  • Advisory employees · 3 to 4
    Jan 26, 2023 to Mar 31, 2023
  • Advisory activities · 3 to 2
    Jan 26, 2023 to Mar 31, 2023
  • BD registered reps · 5 to 6
    Jan 26, 2023 to Mar 31, 2023
  • HNW clients · 101 to 0
    Jan 26, 2023 to Mar 31, 2023
  • Individual clients · 107 to 0
    Jan 26, 2023 to Mar 31, 2023
  • Pooled vehicle clients · 2 to 0
    Jan 26, 2023 to Mar 31, 2023
  • Assets in custody · $52.0M to $0
    Jan 26, 2023 to Mar 31, 2023
  • Custody of client assets · true to false
    Jan 26, 2023 to Mar 31, 2023
  • Insurance-licensed employees · 0 to 3
    Jan 26, 2023 to Mar 31, 2023
  • Discretionary RAUM · $384M to $0
    Jan 26, 2023 to Mar 31, 2023
  • HNW RAUM · 358255401.0 to unset
    Jan 26, 2023 to Mar 31, 2023
  • Individual RAUM · 24230331.0 to unset
    Jan 26, 2023 to Mar 31, 2023
  • Pooled vehicle RAUM · 1032075.0 to unset
    Jan 26, 2023 to Mar 31, 2023
  • RAUM · $384M to $0
    Jan 26, 2023 to Mar 31, 2023
  • Accounts · 1,450 to 1,626
    Mar 18, 2021 to Feb 2, 2022
  • HNW clients · 55 to 101
    Mar 18, 2021 to Feb 2, 2022
  • Individual clients · 178 to 107
    Mar 18, 2021 to Feb 2, 2022
Signals
5 dated events
  • Brent Charles Bunger no longer registered at R•••• I••••••••• S••••••••• L••; no later IA registration on IAPD
    Dec 31, 2023 · Advisor departure · fact
  • S••• B••••• left R•••• I••••••••• S••••••••• L•• for H•••••••• A•••••••• L•• (registered 2026-02-12)
    Dec 31, 2023 · Advisor changed firm · fact
  • A••••• M•••••• B•••• left R•••• I••••••••• S••••••••• L•• for L••••• C•••••• G•••• C••••••••• I••• (registered 2024-05-30)
    Dec 31, 2023 · Advisor changed firm · fact
  • Richard Evan Baer no longer registered at R•••• I••••••••• S••••••••• L••; no later IA registration on IAPD
    Dec 31, 2023 · Advisor departure · fact
  • R•••• I••••••••• S••••••••• L•• reported RAUM $0, down 100% from $383.5M (2023-01-26 to 2023-03-31)
    Mar 31, 2023 · 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.
How to reach
public business contact points only, each with its source
Principal office phone
408-399-6330reportedpublic record, Form ADV, Mar 16, 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
No RAUM reportedderiveda 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