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

A•••• C•••••• M••••••••• L•••

Independent wealth managerCRD 151638SEC 801-70647websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 28 filings
SEC status approved since Sep 30, 2009
RAUM
$49.8M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
77%
$38.6M 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
0
beyond the principal office
Private funds
1
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$49.8M as of Mar 31, 2026
Mar 30, 2012$621M then
HNW client RAUM$38.6M as of Mar 31, 2026
Mar 30, 2018$40.3M then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)4 as of Mar 31, 2026
Mar 28, 20139 then
Private funds1 as of Mar 31, 2026
Mar 30, 20123 then
RAUM -63% over the last fiscal year-25% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
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
$12.5MderivedRAUM 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
-63%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$11.2M, 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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)
  • 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
  • High-net-worth individuals$38.6M77%
  • Pooled investment vehicles$11.2M23%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$11.2M for 1 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.77 fund_share=0.23 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0 bank_owner=falsederived
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
      7 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      A•••• C•••••• F••••• L•Private Equity Fund$75.4M48Mar 29, 2024
      A•••• C•••••• O•••••• L••Hedge Fund$43.1M10Mar 31, 2017
      A•••• C•••••• P•• M••••• F•••• L•••no longer reportedHedge Fund$35.9M27Mar 30, 2012
      A•••• C•••••• T•••••••• L•••no longer reportedHedge Fund$6.2M12Mar 30, 2016
      A•••• C•••••• S• M••••• F•••• L•••no longer reportedHedge Fund$3.3M19Mar 30, 2012
      A•••• C•••••• E•••• L•Private Equity Fund$425,0004Mar 30, 2016
      A•••• C•••••• M••••• F•••• L•••no longer reportedHedge Fund$10,0000Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• R••••• •••• · Founding Principal/President/Chief Investment Officer/Portfolio Managercontrol
        since 07/2009 · owns 75% or more
      • S••••••• M••••••• G• · Chief Operating Officer/Chief Financial Officer/Chief Compliance Officercontrol
        since 01/2019 · owns less than 5%
      • B••••• R••••• •••• · Membercontrol
        since 07/2009 · owns 75% or more of Altai Capital Management, LLC
      Entity owners
      • A•••• C•••••• M••••••••• L•• · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • A•••• C•••••• E•••• G• L••
        investment adviserpooled vehicle sponsorn
      • A•••• C•••••• F••••• G• L••
        investment adviserpooled vehicle sponsorn
      • A•••• C•••••• O••••• G•• L••
        investment adviserbankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM down 50 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $136,068,000 to $49,819,000 (-63.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +8.0% (219 comparable advisers, 5.0th percentile of changes)
        peers: independent wealth managers, under $100M (219) · 5.0% percentile
      What changed
      consecutive filings, newest first
      • Advisory employees · 3 to 2
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 2 to 1
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $36.6M to $11.2M
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 2 to 1
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $136M to $49.8M
        Mar 31, 2025 to Mar 31, 2026
      • HNW RAUM · $99.4M to $38.6M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $36.6M to $11.2M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $136M to $49.8M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 7 to 4
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 4 to 3
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 3 to 2
        Mar 29, 2024 to Mar 31, 2025
      • Assets in custody · $119M to $36.6M
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 5 to 4
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • HQ city · unset to
        Mar 29, 2024 to Mar 31, 2025
      • HQ state · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Private funds · 3 to 2
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $228M to $136M
        Mar 29, 2024 to Mar 31, 2025
      • HNW RAUM · $109M to $99.4M
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $119M to $36.6M
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $228M to $136M
        Mar 29, 2024 to Mar 31, 2025
      • Accounts · 5 to 7
        Mar 30, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 2 to 3
        Mar 30, 2023 to Mar 29, 2024
      • Assets in custody · $46.9M to $119M
        Mar 30, 2023 to Mar 29, 2024
      • HQ city · NEWPORT BEACH to unset
        Mar 30, 2023 to Mar 29, 2024
      • HQ state · CA to unset
        Mar 30, 2023 to Mar 29, 2024
      • Private funds · 2 to 3
        Mar 30, 2023 to Mar 29, 2024
      • Discretionary RAUM · $119M to $228M
        Mar 30, 2023 to Mar 29, 2024
      • HNW RAUM · $71.8M to $109M
        Mar 30, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $46.9M to $119M
        Mar 30, 2023 to Mar 29, 2024
      • RAUM · $119M to $228M
        Mar 30, 2023 to Mar 29, 2024
      • Assets in custody · $109M to $46.9M
        Mar 30, 2022 to Mar 30, 2023
      • Discretionary RAUM · $195M to $119M
        Mar 30, 2022 to Mar 30, 2023
      • HNW RAUM · $86.8M to $71.8M
        Mar 30, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $109M to $46.9M
        Mar 30, 2022 to Mar 30, 2023
      • RAUM · $195M to $119M
        Mar 30, 2022 to Mar 30, 2023
      • Advisory employees · 3 to 4
        Mar 30, 2021 to Mar 30, 2022
      • Assets in custody · $113M to $109M
        Mar 30, 2021 to Mar 30, 2022
      • Discretionary RAUM · $191M to $195M
        Mar 30, 2021 to Mar 30, 2022
      • HNW RAUM · $78.2M to $86.8M
        Mar 30, 2021 to Mar 30, 2022
      Signals
      3 dated events
      • Altai Capital Management, L.P. reported RAUM $228.1M, up 92% from $118.7M (2023-03-30 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • Ross Jonathan Leitner (Chief Operating Officer/Chief Financial Officer/Chief Compliance Officer) no longer on Schedule A of Altai Capital Management, L.P. (listed 2018-12-21, absent 2019-02-07)
        Feb 7, 2019 · Control person left · inference
      • G Michael Scarola (Chief Operating Officer/Chief Financial Officer/Chief Compliance Officer) appeared on Schedule A of Altai Capital Management, L.P.
        Feb 7, 2019 · 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
      Business phone
      949-326-9611reportedpublished by the firm, firm site, Sep 17, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/ALTAI-CAPITAL-MANAGEMENT-L-P-reportedpublic record, Form ADV, Sep 18, 2026
      Website
      ALTAI.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      949-326-9611reportedpublic record, Form ADV, Mar 31, 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
      Independent wealth managerderiveda 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