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

Altegris Advisors, LLC

Former SEC-registered adviserSan Juan Capistrano, CaliforniaCRD 154003SEC 801-71496websiteIAPD
Latest filing Mar 31, 2025
First filing on the tape Mar 30, 2012 · 50 filings
SEC status approved since Jun 9, 2010
RAUM
$150M
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
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
50 filings and snapshots on the tape
RAUM$150M as of Mar 31, 2025
Mar 30, 2012$1.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 31, 2025
Mar 30, 20120 then
Employees (5.A)3 as of Mar 31, 2025
Mar 18, 201322 then
Private funds1 as of Feb 15, 2021
Mar 24, 201516 then
RAUM -36% over the last fiscal year-44% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2025; every figure names its basis
RAUM per advisor
$150MderivedRAUM 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
$74.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-36%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$150M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    30 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Altegris Millennium Fund Ltdno longer reportedHedge Fund$137M418Dec 23, 2011
    Altegris Multi-Strategy Fund Ltdno longer reportedHedge Fund$48.1M127Jan 2, 2015
    Altegris Renaissance Ie Fund, Ltd.no longer reportedHedge Fund$45.2M172Mar 31, 2018
    Altegris Hayman Capital Fund LPno longer reportedHedge Fund$31.6M0Sep 18, 2013
    Akcf LLC Series Ano longer reportedOther Private Fund$24.7M1Oct 20, 2015
    Altegris Third Point Fund LPno longer reportedHedge Fund$21.8M88Oct 20, 2015
    Altegris Tuatara Capital Fund LPno longer reportedPrivate Equity Fund$21.8M367Mar 30, 2020
    Altegris Renaissance Idge Fund Ltdno longer reportedHedge Fund$19.5M51Mar 31, 2018
    Altegris Hayman Capital Fund, Ltd.no longer reportedHedge Fund$15.5M0Sep 18, 2013
    Agms Fund Limitedno longer reportedOther Private Fund$12.6M1Apr 9, 2015
    Altegris Third Point Fund Ltdno longer reportedHedge Fund$7.2M49Oct 20, 2015
    Altegris Cqs Multi-Strategy Fund Ltdno longer reportedHedge Fund$5.5M30Jun 21, 2016
    Amfs Fund Limitedno longer reportedOther Private Fund$5.0M1Apr 9, 2015
    Altegris Doubleline Opportunistic Fund Ltdno longer reportedHedge Fund$4.9M21Jan 3, 2017
    Altegris Global Macro Fund LPno longer reportedHedge Fund$4.2M42Dec 23, 2011
    Agsats Fund Limitedno longer reportedOther Private Fund$3.7M1Jan 3, 2017
    Altegris Paulson Advantage Plus Fund LPno longer reportedHedge Fund$2.6M0Dec 23, 2011
    Altegris Paulson Advantage Fund LPno longer reportedHedge Fund$2.6M0Dec 23, 2011
    Altegris Hedge Select LP - Qim Tactical Aggressive Seriesno longer reportedHedge Fund$2.3M10Mar 31, 2019
    Apm - Paulson Advantage Fund Ltdno longer reportedHedge Fund$1.7M0Dec 23, 2011
    Apm - Global Macro Fund Ltdno longer reportedHedge Fund$1.0M10Dec 23, 2011
    Altegris Renaissance Ie Fund, LPno longer reportedHedge Fund$575,811118Sep 18, 2013
    Altegris Visium Fund, Ltd.no longer reportedHedge Fund$231,35277Sep 18, 2013
    Altegris Global Macro II Fund LPno longer reportedHedge Fund$21,7530Dec 23, 2011
    Apm - Global Macro II Fund Ltdno longer reportedHedge Fund$18,1160Dec 23, 2011
    Artivest Hph II Fund LPno longer reportedPrivate Equity Fund$00Mar 30, 2020
    Altegris Renaissance Ie Fund Ltdno longer reportedHedge Fund$00Jan 3, 2017
    Artivest Kkr Asian Fund IV (International) LPno longer reportedPrivate Equity Fund$00Mar 30, 2020
    Artivest Kkr Asian Fund IV (US) LPno longer reportedPrivate Equity Fund$00Mar 30, 2020
    Afes Fund Limitedno longer reportedOther Private Fund$01Apr 9, 2015
    Owners and control persons
    Schedule A and B, latest filing
    • Charles Matthew Osborne · Chief Executive Officer & Chief Investment Officercontrol
      since 02/2021 · owns less than 5%
    • David Matthew Rothchild · Chief Compliance Officercontrol
      since 05/2023 · owns less than 5%
    • Johanna Elizabeth Strong · Head Of Operations & Technologycontrol
      since 02/2021 · owns less than 5%
    • Carl Douglas Grip · Member & Manager Of Continuum Capital Managers, LLCcontrol
      since 02/2014 · owns 50% to 75% of Continuum Capital Managers, LLC
    • Charles Matthew Osborne · Sole Member & Manager Of Av5 Acquisition, LLCcontrol
      since 06/2020 · owns 75% or more of Av5 Acquisition, LLC
    • Edward Stephen Vanourny · Member & Manager Of Continuum Capital Managers, LLCcontrol
      since 01/2018 · owns 25% to 50% of Continuum Capital Managers, LLC
    Entity owners
    • Better Outcome, LLC · Sole Member Of Altegris Advisors, LLC
      direct · owns 75% or more
    • Av5 Acquisition, LLC · Member & Manager Of Better Outcome, LLC
      indirect · owns 50% to 75% of Better Outcome, LLC
    • Better Outcome, LLC · Sole Member Of Altegris Services, LLC
      indirect · owns 75% or more of Better Outcome, LLC
    • Continuum Capital Managers, LLC · Member & Manager Of Better Outcome, LLC
      indirect · owns 50% to 75% of Better Outcome, LLC
    Related persons
    Schedule D 7.A
    No related person reported.
    Advisers that list Altegris Advisors, LLC as a related person
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 3 to 2
      Feb 28, 2025 to Mar 31, 2025
    • Financial planning clients · unset to
      Feb 28, 2025 to Mar 31, 2025
    • Discretionary RAUM · $234M to $150M
      Feb 28, 2025 to Mar 31, 2025
    • RAUM · $234M to $150M
      Feb 28, 2025 to Mar 31, 2025
    • HQ city · LA JOLLA to SAN JUAN CAPISTRANO
      Mar 28, 2024 to Nov 6, 2024
    • Advisory employees · 6 to 1
      May 19, 2023 to Mar 28, 2024
    • BD registered reps · 4 to 0
      May 19, 2023 to Mar 28, 2024
    • Employees · 8 to 3
      May 19, 2023 to Mar 28, 2024
    • Discretionary RAUM · $328M to $234M
      May 19, 2023 to Mar 28, 2024
    • RAUM · $328M to $234M
      May 19, 2023 to Mar 28, 2024
    • Related broker-dealer · true to false
      May 19, 2023 to Mar 28, 2024
    • Accounts · 2 to 3
      Feb 16, 2022 to Feb 21, 2023
    • Advisory employees · 9 to 6
      Feb 16, 2022 to Feb 21, 2023
    • BD registered reps · 8 to 4
      Feb 16, 2022 to Feb 21, 2023
    • Employees · 13 to 8
      Feb 16, 2022 to Feb 21, 2023
    • Discretionary RAUM · $841M to $328M
      Feb 16, 2022 to Feb 21, 2023
    • RAUM · $841M to $328M
      Feb 16, 2022 to Feb 21, 2023
    • BD registered reps · 5 to 8
      Oct 7, 2021 to Feb 16, 2022
    • Employees · 14 to 13
      Oct 7, 2021 to Feb 16, 2022
    • Discretionary RAUM · $830M to $841M
      Oct 7, 2021 to Feb 16, 2022
    • RAUM · $830M to $841M
      Oct 7, 2021 to Feb 16, 2022
    • Discretionary RAUM · $780M to $830M
      Apr 2, 2021 to Oct 7, 2021
    • RAUM · $780M to $830M
      Apr 2, 2021 to Oct 7, 2021
    • Accounts · 3 to 2
      Feb 15, 2021 to Apr 2, 2021
    • Advisory activities · 3 to 1
      Feb 15, 2021 to Apr 2, 2021
    • Private funds · 1 to unset
      Feb 15, 2021 to Apr 2, 2021
    • Accounts · 5 to 3
      Sep 15, 2020 to Feb 15, 2021
    • Advisory employees · 10 to 9
      Sep 15, 2020 to Feb 15, 2021
    • BD registered reps · 17 to 5
      Sep 15, 2020 to Feb 15, 2021
    • Employees · 36 to 14
      Sep 15, 2020 to Feb 15, 2021
    • Private funds · 2 to 1
      Sep 15, 2020 to Feb 15, 2021
    • Discretionary RAUM · $1.3B to $780M
      Sep 15, 2020 to Feb 15, 2021
    • RAUM · $1.3B to $780M
      Sep 15, 2020 to Feb 15, 2021
    • Related bank · true to false
      Sep 15, 2020 to Feb 15, 2021
    • Accounts · 25 to 5
      Mar 30, 2020 to Sep 15, 2020
    • Advisory employees · 13 to 10
      Mar 30, 2020 to Sep 15, 2020
    • BD registered reps · 44 to 17
      Mar 30, 2020 to Sep 15, 2020
    • Pooled vehicle clients · 20.0 to unset
      Mar 30, 2020 to Sep 15, 2020
    • Assets in custody · 881198538.0 to unset
      Mar 30, 2020 to Sep 15, 2020
    • Custody of client assets · true to false
      Mar 30, 2020 to Sep 15, 2020
    Signals
    19 dated events
    • Altegris Advisors, Llc no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $149.6M)
      Jan 2, 2026 · Left the SEC roster · derived
    • Price David Mathews (Chief Compliance Officer, Chief Legal Officer) no longer on Schedule A of Altegris Advisors, Llc (listed 2023-02-21, absent 2023-05-19)
      May 19, 2023 · Control person left · inference
    • David Matthew Rothchild (Chief Compliance Officer) appeared on Schedule A of Altegris Advisors, Llc
      May 19, 2023 · Control person joined · fact
    • Altegris Advisors, Llc reported RAUM $327.6M, down 61% from $840.7M (2022-02-16 to 2023-02-21)
      Feb 21, 2023 · RAUM change · derived
    • Antolin Garza (Head Of Research & Investment Solutions) no longer on Schedule A of Altegris Advisors, Llc (listed 2022-02-16, absent 2023-02-21)
      Feb 21, 2023 · Control person left · inference
    • Altegris Advisors, Llc reported RAUM $779.9M, down 41% from $1.3B (2020-09-15 to 2021-02-15)
      Feb 15, 2021 · RAUM change · derived
    • Wayne Jeffrey Greenberg (Shareholder) no longer on Schedule A of Altegris Advisors, Llc (listed 2020-09-15, absent 2021-02-15)
      Feb 15, 2021 · Control person left · inference
    • Eric Martin Beaulieu (Chairman, Chief Executive Officer) no longer on Schedule A of Altegris Advisors, Llc (listed 2020-09-15, absent 2021-02-15)
      Feb 15, 2021 · Control person left · inference
    • (Nmn) Kamal Jafarnia (Chief Compliance Officer General Counsel) no longer on Schedule A of Altegris Advisors, Llc (listed 2020-09-15, absent 2021-02-15)
      Feb 15, 2021 · Control person left · inference
    • Price David Mathews (Chief Compliance Officer, Chief Legal Officer) appeared on Schedule A of Altegris Advisors, Llc
      Feb 15, 2021 · Control person joined · fact
    • Johanna Elizabeth Strong (Head Of Operations & Technology) appeared on Schedule A of Altegris Advisors, Llc
      Feb 15, 2021 · Control person joined · fact
    • Carl Douglas Grip (Member & Manager Of Continuum Capital Managers, Llc) appeared on Schedule A of Altegris Advisors, Llc
      Feb 15, 2021 · Control person joined · fact
    • Edward Stephen Vanourny (Member & Manager Of Continuum Capital Managers, Llc) appeared on Schedule A of Altegris Advisors, Llc
      Feb 15, 2021 · Control person joined · fact
    • Antolin Garza (Head Of Research & Investment Solutions) appeared on Schedule A of Altegris Advisors, Llc
      Feb 15, 2021 · Control person joined · fact
    • Altegris Advisors, Llc reported RAUM $1.3B, down 44% from $2.4B (2020-03-30 to 2020-09-15)
      Sep 15, 2020 · RAUM change · derived
    • Andrew Adrian Czebiniak (Chief Operating Officer) no longer on Schedule A of Altegris Advisors, Llc (listed 2020-03-30, absent 2020-09-15)
      Sep 15, 2020 · Control person left · inference
    • David James Waldinger (President, Founder) no longer on Schedule A of Altegris Advisors, Llc (listed 2020-03-30, absent 2020-09-15)
      Sep 15, 2020 · Control person left · inference
    • Altegris Advisors, Llc reported 7 state-registered advisory representatives, down from 24 (2018-10-30 to 2019-03-31)
      Mar 31, 2019 · Advisor headcount change · derived
    • Altegris Advisors, Llc reported 24 state-registered advisory representatives, up from 1 (2018-03-31 to 2018-06-29)
      Jun 29, 2018 · Advisor headcount change · derived
    Across DFX
    shared identifiers only, never a name match
    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