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

B•••••• I••••••••• L••

Other adviserSaddle Brook, New JerseyCRD 151585SEC 801-70596websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Jan 18, 2012 · 39 filings
SEC status approved since Sep 23, 2009
RAUM
$561M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
11%
$60.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$280M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$561M as of Mar 27, 2026
Mar 30, 2012$408M then
HNW client RAUM$32.2M as of Mar 27, 2026
Mar 28, 2018$4.0M then
State-registered IARs (5.B.3)3 as of Mar 27, 2026
Mar 30, 20120 then
Employees (5.A)6 as of Mar 27, 2026
Mar 28, 20137 then
Private funds6 as of Mar 28, 2025
Mar 30, 20129 then
RAUM +23% over the last fiscal year+15% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
RAUM per advisor
$280MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
61derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$3.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-36%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for investment companiesreportedItem 5.G
Ownership
controlled by a public reporting companyderived
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)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$485M88%
  • High-net-worth individuals$32.2M5.8%
  • Individuals$28.1M5.1%
  • Corporations and businesses$4.8M0.9%
  • Charitable organizations$2.2M0.4%
  • Pension and profit-sharing plans$856,2130.2%
Individual clients
99reported
HNW clients
22reported
Pension plan clients
2reported
Charitable clients
2reported
Accounts
157reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.11 fund_share=0.87 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• P••••• D••Chartered Financial AnalystSaddle Brook, NjDec 17, 202534 y1
A••••• •••• D••••Saddle Brook, NjJan 1, 202637 y2
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Private funds
    10 reported on Schedule D 7.B.(1)
    Owners and control persons
    Schedule A and B, latest filing
    • D••••• A•••••• •••• · Managing Partnercontrol
      since 08/2009 · owns 25% to 50%
    • G••••••••• P••••••• F••••••• · Managing Partnercontrol
      since 08/2009 · owns 25% to 50%
    • D••••••• S••••••••• L•••• · Chief Compliance Officer
      since 03/2012 · owns less than 5%
    Related persons
    Schedule D 7.A
    Advisers that list B•••••• I••••••••• L•• as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Saddle Brook, Nj · principal220
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    ADV anomalies
    3 against comparable advisers; where to look, not conclusions
    • clients down average size upCombination · filing Mar 27, 2026
      private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $455,995,108 to $560,984,507, advisors 3 to 3, private clients 188 to 121, offices 1 to 1 (2025-03-28 to 2026-03-27)
      peers: other advisers, $500M to $1B (95)
    • business activity changedChange between filings · filing Mar 27, 2026
      portfolio management for pooled vehicles (Item 5.G.4): yes on the filing of 2025-03-28, no on the filing of 2026-03-27
      peers: other advisers, $500M to $1B (95)
    • business activity changedChange between filings · filing Mar 27, 2026
      advises private funds (Item 7.B): yes on the filing of 2025-03-28, no on the filing of 2026-03-27
      peers: other advisers, $500M to $1B (95)
    What changed
    consecutive filings, newest first
    • Accounts · 227 to 157
      Mar 28, 2025 to Mar 27, 2026
    • Advisory activities · 3 to 2
      Mar 28, 2025 to Mar 27, 2026
    • Corporate clients · 3 to 4
      Mar 28, 2025 to Mar 27, 2026
    • Individual clients · 166 to 99
      Mar 28, 2025 to Mar 27, 2026
    • Pooled vehicle clients · 6 to 0
      Mar 28, 2025 to Mar 27, 2026
    • Private funds · 6 to unset
      Mar 28, 2025 to Mar 27, 2026
    • Discretionary RAUM · $456M to $561M
      Mar 28, 2025 to Mar 27, 2026
    • HNW RAUM · $28.1M to $32.2M
      Mar 28, 2025 to Mar 27, 2026
    • Individual RAUM · $45.2M to $28.1M
      Mar 28, 2025 to Mar 27, 2026
    • Pension RAUM · $787,826 to $856,213
      Mar 28, 2025 to Mar 27, 2026
    • Pooled vehicle RAUM · $2.1M to $0
      Mar 28, 2025 to Mar 27, 2026
    • RAUM · $456M to $561M
      Mar 28, 2025 to Mar 27, 2026
    • Accounts · 349 to 227
      Mar 25, 2024 to Mar 28, 2025
    • Charity clients · 3 to 2
      Mar 25, 2024 to Mar 28, 2025
    • Corporate clients · 2 to 3
      Mar 25, 2024 to Mar 28, 2025
    • HNW clients · 31 to 22
      Mar 25, 2024 to Mar 28, 2025
    • Individual clients · 268 to 166
      Mar 25, 2024 to Mar 28, 2025
    • Pension plan clients · 3 to 2
      Mar 25, 2024 to Mar 28, 2025
    • Financial planning clients · unset to
      Mar 25, 2024 to Mar 28, 2025
    • Discretionary RAUM · $335M to $456M
      Mar 25, 2024 to Mar 28, 2025
    • HNW RAUM · $42.6M to $28.1M
      Mar 25, 2024 to Mar 28, 2025
    • Individual RAUM · $60.3M to $45.2M
      Mar 25, 2024 to Mar 28, 2025
    • Pension RAUM · $836,645 to $787,826
      Mar 25, 2024 to Mar 28, 2025
    • Pooled vehicle RAUM · $3.5M to $2.1M
      Mar 25, 2024 to Mar 28, 2025
    • RAUM · $335M to $456M
      Mar 25, 2024 to Mar 28, 2025
    • Accounts · 409 to 349
      Mar 29, 2023 to Mar 25, 2024
    • Corporate clients · 4 to 2
      Mar 29, 2023 to Mar 25, 2024
    • HNW clients · 41 to 31
      Mar 29, 2023 to Mar 25, 2024
    • Individual clients · 310 to 268
      Mar 29, 2023 to Mar 25, 2024
    • Discretionary RAUM · $368M to $335M
      Mar 29, 2023 to Mar 25, 2024
    • HNW RAUM · $63.3M to $42.6M
      Mar 29, 2023 to Mar 25, 2024
    • Individual RAUM · $67.9M to $60.3M
      Mar 29, 2023 to Mar 25, 2024
    • Pension RAUM · $774,840 to $836,645
      Mar 29, 2023 to Mar 25, 2024
    • Pooled vehicle RAUM · $3.4M to $3.5M
      Mar 29, 2023 to Mar 25, 2024
    • RAUM · $368M to $335M
      Mar 29, 2023 to Mar 25, 2024
    • Accounts · 482 to 409
      Nov 27, 2022 to Mar 29, 2023
    • Charity clients · 2 to 3
      Nov 27, 2022 to Mar 29, 2023
    • Corporate clients · 3 to 4
      Nov 27, 2022 to Mar 29, 2023
    • HNW clients · 75 to 41
      Nov 27, 2022 to Mar 29, 2023
    • Individual clients · 357 to 310
      Nov 27, 2022 to Mar 29, 2023
    Signals
    4 dated events
    • B•••••• I••••••••• L•• reported RAUM $456.0M, up 36% from $334.8M (2024-03-25 to 2025-03-28)
      Mar 28, 2025 · RAUM change · derived
    • B•••••• I••••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Jan 12, 2021 · Succession (Item 4) · fact
    • B•••••• I••••••••• L•• reported RAUM $290.1M, down 27% from $398.2M (2020-01-13 to 2020-03-25)
      Mar 25, 2020 · RAUM change · derived
    • Jay Steven Samuels (Member) no longer on Schedule A of B•••••• I••••••••• L•• (listed 2019-05-02, absent 2020-01-13)
      Jan 13, 2020 · Control person left · inference
    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
    B••••••INVESTORS.COMreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    201-556-0092reportedpublic record, Form ADV, Mar 27, 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
    Other adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $280Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026