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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

S•••• A••• C••••••• L••

Former SEC-registered adviserMinneapolis, MinnesotaCRD 156186SEC 801-73245websiteIAPD
Latest filing Mar 28, 2025
First filing on the tape Feb 9, 2012 · 15 filings
SEC status approved since Mar 28, 2012
RAUM
$253M
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
7
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$253M as of Mar 28, 2025
Mar 25, 2013$203M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 28, 2025
Mar 25, 20130 then
Employees (5.A)7 as of Mar 28, 2025
Mar 25, 201310 then
Private funds3 as of Mar 28, 2025
Mar 25, 20133 then
RAUM +14% over the last fiscal year-2.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 28, 2025; every figure names its basis
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
$84.2MderivedRAUM 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
+14%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 pooled vehiclesreportedItem 5.G
Custody
$253M, 3 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$253M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$253M for 3 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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S•••• A••• C•••••• I••• L•••Private Equity Fund$151M81Mar 31, 2015
      S•••• A••• C•••••• I•• L•••Private Equity Fund$62.5M66Feb 9, 2012
      S•••• A••• C••••••• L•••no longer reportedPrivate Equity Fund$14.7M64Feb 9, 2012
      S•••• A••• C•••••• I•••• L•••Private Equity Fund$8.0M2Feb 9, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••• K••••• J• · Chief Compliance Officercontrol
        since 01/2012 · owns less than 5%
      • L•••••• C••••••• B•••••• · Managing Membercontrol
        since 01/2005 · owns 50% to 75%
      • M•••••• F•• C•••••• · Managing Membercontrol
        since 01/2005 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      Advisers that list S•••• A••• C••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 8 to 7
        Mar 29, 2024 to Mar 28, 2025
      • Assets in custody · $221M to $253M
        Mar 29, 2024 to Mar 28, 2025
      • Employees · 8 to 7
        Mar 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $221M to $253M
        Mar 29, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $221M to $253M
        Mar 29, 2024 to Mar 28, 2025
      • RAUM · $221M to $253M
        Mar 29, 2024 to Mar 28, 2025
      • Advisory employees · 9 to 8
        Mar 31, 2023 to Mar 29, 2024
      • Assets in custody · $284M to $221M
        Mar 31, 2023 to Mar 29, 2024
      • Employees · 10 to 8
        Mar 31, 2023 to Mar 29, 2024
      • Discretionary RAUM · $284M to $221M
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $284M to $221M
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $284M to $221M
        Mar 31, 2023 to Mar 29, 2024
      • Advisory employees · 11 to 9
        Sep 14, 2022 to Mar 31, 2023
      • Assets in custody · $272M to $284M
        Sep 14, 2022 to Mar 31, 2023
      • Employees · 12 to 10
        Sep 14, 2022 to Mar 31, 2023
      • HQ city · unset to MINNEAPOLIS
        Sep 14, 2022 to Mar 31, 2023
      • HQ state · unset to MN
        Sep 14, 2022 to Mar 31, 2023
      • Discretionary RAUM · $272M to $284M
        Sep 14, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $272M to $284M
        Sep 14, 2022 to Mar 31, 2023
      • RAUM · $272M to $284M
        Sep 14, 2022 to Mar 31, 2023
      • HQ city · MINNEAPOLIS to unset
        Mar 29, 2022 to Sep 14, 2022
      • HQ state · MN to unset
        Mar 29, 2022 to Sep 14, 2022
      • Assets in custody · $378M to $272M
        Mar 26, 2021 to Mar 29, 2022
      • Discretionary RAUM · $378M to $272M
        Mar 26, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $378M to $272M
        Mar 26, 2021 to Mar 29, 2022
      • RAUM · $378M to $272M
        Mar 26, 2021 to Mar 29, 2022
      • Related adviser · false to true
        Mar 26, 2021 to Mar 29, 2022
      • Assets in custody · $336M to $378M
        Mar 27, 2020 to Mar 26, 2021
      • Discretionary RAUM · $336M to $378M
        Mar 27, 2020 to Mar 26, 2021
      • Pooled vehicle RAUM · $336M to $378M
        Mar 27, 2020 to Mar 26, 2021
      • RAUM · $336M to $378M
        Mar 27, 2020 to Mar 26, 2021
      • Advisory employees · 12 to 11
        Mar 29, 2019 to Mar 27, 2020
      • Assets in custody · $355M to $336M
        Mar 29, 2019 to Mar 27, 2020
      • Employees · 13 to 12
        Mar 29, 2019 to Mar 27, 2020
      • Discretionary RAUM · $355M to $336M
        Mar 29, 2019 to Mar 27, 2020
      • Pooled vehicle RAUM · $355M to $336M
        Mar 29, 2019 to Mar 27, 2020
      • RAUM · $355M to $336M
        Mar 29, 2019 to Mar 27, 2020
      • Accounts · 4 to 3
        Mar 29, 2018 to Mar 29, 2019
      • Advisory employees · 11 to 12
        Mar 29, 2018 to Mar 29, 2019
      • Pooled vehicle clients · 4 to 3
        Mar 29, 2018 to Mar 29, 2019
      Signals
      2 dated events
      • S•••• A••• C••••••• L•• no longer on the SEC adviser roster (last listed 2025-06-02, RAUM $252.6M)
        Jul 1, 2025 · Left the SEC roster · derived
      • S•••• A••• C••••••• L•• reported RAUM $272.2M, down 28% from $378.3M (2021-03-26 to 2022-03-29)
        Mar 29, 2022 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      STONEARCHCAPITAL.COMreportedpublic record, Form ADV, Sep 18, 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
      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