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

F••••• B••••• C••••••

Asset manager (funds and pooled vehicles)Oakland, CaliforniaCRD 156661SEC 801-72513websiteIAPD
Legal name F••••• B••••• C•••••• I•• L••
Latest filing Mar 16, 2026
First filing on the tape Mar 27, 2012 · 24 filings
SEC status approved since Jun 30, 2011
RAUM
$193M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$64.2M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$193M as of Mar 16, 2026
Mar 27, 2012$733M then
HNW client RAUM: no history
State-registered IARs (5.B.3)3 as of Mar 16, 2026
Mar 27, 20133 then
Employees (5.A)6 as of Mar 16, 2026
Mar 27, 20139 then
Private funds: 2
RAUM -23% over the last fiscal year+14% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 16, 2026; every figure names its basis
RAUM per advisor
$64.2MderivedRAUM 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
$96.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 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
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$193M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••• C••••••Chartered Financial AnalystOakland, CaJan 1, 202621 y0
A•••••••• Z•••••••• L•••••Oakland, CaJan 1, 202620 y0
H• J••••• D•••••••••Oakland, CaJan 1, 202639 y6
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C••••••• S•••• · Managing Membercontrol
    since 08/2008 · owns 75% or more
  • D••••••••• H• J••••• · Chief Compliance Officer
    since 11/2010 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Oakland, Ca · principal330
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Mar 16, 2026
    advises private funds (Item 7.B): no on the filing of 2025-03-27, yes on the filing of 2026-03-16
    peers: asset managers, $100M to $500M (1,567)
  • institutional asset share shiftChange between filings · filing Mar 16, 2026
    institutional share of RAUM moved from 100.0% to 0.0% between the annual amendments of 2025-03-27 and 2026-03-16
    peers: asset managers, $100M to $500M (1,567)
What changed
consecutive filings, newest first
  • Accounts · 6 to 2
    Mar 27, 2025 to Mar 16, 2026
  • Advisory activities · 2 to 1
    Mar 27, 2025 to Mar 16, 2026
  • Corporate clients · 1.0 to unset
    Mar 27, 2025 to Mar 16, 2026
  • Pooled vehicle clients · unset to 2.0
    Mar 27, 2025 to Mar 16, 2026
  • Private funds · unset to 2
    Mar 27, 2025 to Mar 16, 2026
  • Discretionary RAUM · $249M to $193M
    Mar 27, 2025 to Mar 16, 2026
  • Pooled vehicle RAUM · unset to 192748384.0
    Mar 27, 2025 to Mar 16, 2026
  • RAUM · $249M to $193M
    Mar 27, 2025 to Mar 16, 2026
  • Employees · 7 to 6
    Aug 1, 2024 to Mar 27, 2025
  • Financial planning clients · 0 to 0
    Aug 1, 2024 to Mar 27, 2025
  • Discretionary RAUM · $263M to $249M
    Aug 1, 2024 to Mar 27, 2025
  • RAUM · $263M to $249M
    Aug 1, 2024 to Mar 27, 2025
  • Accounts · 1 to 6
    Mar 28, 2024 to Aug 1, 2024
  • Advisory activities · 1 to 2
    Mar 28, 2024 to Aug 1, 2024
  • Discretionary RAUM · $162M to $263M
    Mar 28, 2024 to Aug 1, 2024
  • RAUM · $162M to $263M
    Mar 28, 2024 to Aug 1, 2024
  • Discretionary RAUM · $130M to $162M
    Mar 30, 2023 to Mar 28, 2024
  • RAUM · $130M to $162M
    Mar 30, 2023 to Mar 28, 2024
  • Discretionary RAUM · $122M to $130M
    Mar 29, 2022 to Mar 30, 2023
  • RAUM · $122M to $130M
    Mar 29, 2022 to Mar 30, 2023
  • Advisory employees · 6 to 5
    Mar 29, 2021 to Mar 29, 2022
  • Discretionary RAUM · $175M to $122M
    Mar 29, 2021 to Mar 29, 2022
  • RAUM · $175M to $122M
    Mar 29, 2021 to Mar 29, 2022
  • Advisory employees · 7 to 6
    Apr 2, 2020 to Mar 29, 2021
  • Employees · 8 to 7
    Apr 2, 2020 to Mar 29, 2021
  • Discretionary RAUM · $143M to $175M
    Apr 2, 2020 to Mar 29, 2021
  • RAUM · $143M to $175M
    Apr 2, 2020 to Mar 29, 2021
  • Discretionary RAUM · $100M to $143M
    Mar 30, 2019 to Mar 31, 2020
  • RAUM · $100M to $143M
    Mar 30, 2019 to Mar 31, 2020
  • Corporate clients · unset to 1.0
    Mar 19, 2018 to Mar 30, 2019
  • HQ city · WALNUT CREEK to OAKLAND
    Mar 19, 2018 to Mar 30, 2019
  • Discretionary RAUM · $102M to $100M
    Mar 19, 2018 to Mar 30, 2019
  • RAUM · $102M to $100M
    Mar 19, 2018 to Mar 30, 2019
  • Advisory employees · 8 to 7
    Oct 25, 2017 to Mar 19, 2018
  • Employees · 9 to 8
    Oct 25, 2017 to Mar 19, 2018
  • Discretionary RAUM · $98.5M to $102M
    Oct 25, 2017 to Mar 19, 2018
  • RAUM · $98.5M to $102M
    Oct 25, 2017 to Mar 19, 2018
  • Accounts · 7 to 1
    Mar 22, 2017 to Oct 5, 2017
  • Advisory employees · 10 to 8
    Mar 22, 2017 to Oct 5, 2017
  • Employees · 10 to 9
    Mar 22, 2017 to Oct 5, 2017
Signals
1 dated events
  • F••••• B••••• C•••••• reported RAUM $263.3M, up 63% from $161.8M (2024-03-28 to 2024-08-01)
    Aug 1, 2024 · RAUM change · derived
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
f•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
925-979-4280reportedpublic record, Form ADV, Mar 16, 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
Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
RAUM per advisor
$64.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026