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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Former SEC-registered adviser
P•••••• W••••• A•••••••• L••
Latest filing Mar 27, 2025
First filing on the tape Apr 14, 2015 · 16 filings
SEC status approved since Apr 17, 2015
RAUM
$264M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
71%
$186M 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
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$264M as of Mar 27, 2025
Mar 11, 2016$171M then
HNW client RAUM$170M as of Mar 27, 2025
Mar 29, 2018$50.7M then
State-registered IARs (5.B.3)2 as of Mar 27, 2025
Mar 11, 20162 then
Employees (5.A)4 as of Mar 27, 2025
Mar 11, 20162 then
Private funds: no history
RAUM +14% over the last fiscal year+10% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 27, 2025; every figure names its basis
- RAUM per advisor
- $132MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 49derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.1MderivedHNW RAUM over HNW clients
- Average account
- $871,315derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +15%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $20.0M, 7 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
- High-net-worth individuals$170M65%
- Corporations and businesses$69.1M26%
- Individuals$16.0M6.1%
- Pension and profit-sharing plans$8.6M3.3%
- Individual clients
- 43reported
- HNW clients
- 55reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 303reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $20.0M for 7 clientsreported
- Compensation
- % of AUMreported
- 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
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 days2 left over 36 months
Left, latest
- J••••••• D•••• L•••• to F••••••Feb 6, 2026 · RIA to RIA
- D•••• J••••• T•••••••• to F••••••Feb 6, 2026 · RIA to RIA
Joined, latest
- J••••••• D•••• L•••• from T•••••••• W••••• A•••••••Jan 19, 2010 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- L••••• J•••••••• D•••• · Managing Membercontrolsince 10/2009 · owns 25% to 50%
- T••••••••• D••••• J••••• · Managing Member, Chief Compliance Officercontrolsince 02/2010 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Larkspur, Ca · principal | 0 | 0 | 2 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 296 to 303Mar 28, 2024 to Mar 27, 2025
- Corporate clients · 14 to 13Mar 28, 2024 to Mar 27, 2025
- HNW clients · 49 to 55Mar 28, 2024 to Mar 27, 2025
- Individual clients · 36 to 43Mar 28, 2024 to Mar 27, 2025
- Assets in custody · $21.7M to $20.0MMar 28, 2024 to Mar 27, 2025
- Financial planning clients · 1-10 to 1-10Mar 28, 2024 to Mar 27, 2025
- Discretionary RAUM · $232M to $264MMar 28, 2024 to Mar 27, 2025
- HNW RAUM · $123M to $170MMar 28, 2024 to Mar 27, 2025
- Individual RAUM · $16.6M to $16.0MMar 28, 2024 to Mar 27, 2025
- Pension RAUM · $10.2M to $8.6MMar 28, 2024 to Mar 27, 2025
- RAUM · $232M to $264MMar 28, 2024 to Mar 27, 2025
- Accounts · 265 to 296Mar 17, 2023 to Mar 28, 2024
- Corporate clients · 13 to 14Mar 17, 2023 to Mar 28, 2024
- HNW clients · 41 to 49Mar 17, 2023 to Mar 28, 2024
- Individual clients · 45 to 36Mar 17, 2023 to Mar 28, 2024
- Assets in custody · $14.5M to $21.7MMar 17, 2023 to Mar 28, 2024
- Discretionary RAUM · $191M to $232MMar 17, 2023 to Mar 28, 2024
- HNW RAUM · $108M to $123MMar 17, 2023 to Mar 28, 2024
- Individual RAUM · $22.7M to $16.6MMar 17, 2023 to Mar 28, 2024
- Pension RAUM · $6.9M to $10.2MMar 17, 2023 to Mar 28, 2024
- RAUM · $191M to $232MMar 17, 2023 to Mar 28, 2024
- HNW clients · 39 to 41Mar 19, 2022 to Mar 17, 2023
- Individual clients · 41 to 45Mar 19, 2022 to Mar 17, 2023
- Assets in custody · $17.2M to $14.5MMar 19, 2022 to Mar 17, 2023
- Discretionary RAUM · $196M to $191MMar 19, 2022 to Mar 17, 2023
- HNW RAUM · $107M to $108MMar 19, 2022 to Mar 17, 2023
- Individual RAUM · $19.6M to $22.7MMar 19, 2022 to Mar 17, 2023
- Pension RAUM · $7.6M to $6.9MMar 19, 2022 to Mar 17, 2023
- RAUM · $196M to $191MMar 19, 2022 to Mar 17, 2023
- Accounts · 207 to 265Mar 3, 2021 to Mar 19, 2022
- Corporate clients · 10 to 13Mar 3, 2021 to Mar 19, 2022
- HNW clients · 37 to 39Mar 3, 2021 to Mar 19, 2022
- Individual clients · 29 to 41Mar 3, 2021 to Mar 19, 2022
- Assets in custody · $15.1M to $17.2MMar 3, 2021 to Mar 19, 2022
- Discretionary RAUM · $153M to $196MMar 3, 2021 to Mar 19, 2022
- HNW RAUM · $84.4M to $107MMar 3, 2021 to Mar 19, 2022
- Individual RAUM · $13.7M to $19.6MMar 3, 2021 to Mar 19, 2022
- Pension RAUM · $6.1M to $7.6MMar 3, 2021 to Mar 19, 2022
- RAUM · $153M to $196MMar 3, 2021 to Mar 19, 2022
- Accounts · 194 to 207Nov 15, 2020 to Mar 2, 2021
Signals
5 dated events
- P•••••• W••••• A•••••••• L•• no longer on the SEC adviser roster (last listed 2026-02-02, RAUM $264.0M)Mar 2, 2026 · Left the SEC roster · derived
- 2 advisors left P•••••• W••••• A•••••••• L•• (Larkspur, CA) for F•••••• on the same dayFeb 6, 2026 · Team lift-out · derived
- J••••••• D•••• L•••• left P•••••• W••••• A•••••••• L•• for F•••••• (registered 2026-01-08)Feb 6, 2026 · Advisor changed firm · fact
- D•••• J••••• T•••••••• left P•••••• W••••• A•••••••• L•• for F•••••• (registered 2025-12-23)Feb 6, 2026 · Advisor changed firm · fact
- P•••••• W••••• A•••••••• L•• filed its initial SEC registration (Form ADV)Apr 14, 2015 · 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.
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