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.

Former SEC-registered adviser

Dls Capital Management LLC

Former SEC-registered adviserNorthfield, IllinoisCRD 151217SEC 801-70534IAPD
Latest filing Oct 2, 2014
First filing on the tape Mar 29, 2012 · 18 filings
RAUM
$16.4M
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
n/a
beyond the principal office
Private funds
3
$19.8M gross assets
History
18 filings and snapshots on the tape
RAUM$136M as of Mar 28, 2014
Mar 29, 2012$301M then
HNW client RAUM: no history
State-registered IARs (5.B.3)3 as of Mar 28, 2014
Mar 29, 20120 then
Employees (5.A)4 as of Mar 28, 2014
Mar 28, 20134 then
Private funds3 as of Mar 28, 2014
Mar 29, 20123 then
RAUM -94% over the last fiscal yearIARs 0 to 3
Practice profile
derived from the filing of Oct 2, 2014; every figure names its basis
RAUM per advisor
$5.5MderivedRAUM 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
$2.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-49%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 individuals, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$62.7M, 1 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
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
7reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$62.7M for 1 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
Joined, latest
Every departureEvery arrival
Private funds
3 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Dls Global Master Value Fund LPHedge Fund$9.9M2Mar 29, 2012
Dls Global Value Fund, LPHedge Fund$9.9M2Mar 29, 2012
Dls Global Value Fund, Ltd.Hedge Fund$00Mar 29, 2012
Owners and control persons
Schedule A and B, latest filing
  • Lee David Steinberg · Managing Membercontrol
    since 07/2005 · owns 75% or more
  • Joseph Gery Sadzewicz · Chief Compliance Officer
    since 10/2009 · owns less than 5%
Related persons
Schedule D 7.A
  • Dls Global Master Value Fund LP
    pooled vehicle sponsory
  • Dls Global Value Fund, Ltd
    pooled vehicle sponsory
  • Dls Gobal Value Fund, LP
    pooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 10 to 7
    Aug 12, 2014 to Aug 26, 2014
  • Discretionary RAUM · $136M to $16.4M
    Aug 12, 2014 to Aug 26, 2014
  • RAUM · $136M to $16.4M
    Aug 12, 2014 to Aug 26, 2014
  • Accounts · 22 to 10
    Jan 23, 2014 to Mar 28, 2014
  • State-registered IARs · 0 to 3
    Jan 23, 2014 to Mar 28, 2014
  • Discretionary RAUM · $265M to $136M
    Jan 23, 2014 to Mar 28, 2014
  • RAUM · $265M to $136M
    Jan 23, 2014 to Mar 28, 2014
  • HQ city · BANNOCKBURN to NORTHFIELD
    Apr 8, 2013 to May 22, 2013
  • Accounts · 25 to 22
    Dec 20, 2012 to Mar 28, 2013
  • Advisory employees · 3 to 2
    Dec 20, 2012 to Mar 28, 2013
  • Employees · 5 to 4
    Dec 20, 2012 to Mar 28, 2013
  • State-registered IARs · 3 to 0
    Dec 20, 2012 to Mar 28, 2013
  • Discretionary RAUM · $301M to $265M
    Dec 20, 2012 to Mar 28, 2013
  • RAUM · $301M to $265M
    Dec 20, 2012 to Mar 28, 2013
  • Advisory employees · unset to 3.0
    Oct 25, 2012 to Dec 20, 2012
  • Employees · unset to 5.0
    Oct 25, 2012 to Dec 20, 2012
  • State-registered IARs · 0 to 3
    Oct 25, 2012 to Dec 20, 2012
Signals
No event on the tape.
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