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

R••••••• C••••••• L•

Asset manager (funds and pooled vehicles)The Woodlands, TexasCRD 156791SEC 801-73791websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Feb 14, 2012 · 24 filings
SEC status approved since Mar 30, 2012
RAUM
$4.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$879M
derived; firm RAUM over IAPD count
Employees
24
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
10
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$4.4B as of Mar 30, 2026
Apr 1, 2013$438M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Apr 1, 20130 then
Employees (5.A)24 as of Mar 30, 2026
Apr 1, 201321 then
Private funds10 as of Mar 30, 2026
Apr 1, 20131 then
RAUM +64% over the last fiscal year+48% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
RAUM per advisor
$879MderivedRAUM 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
$439MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.8derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+64%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
yesreportedItem 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)
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$4.4B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
10reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
W•••••• S•••• H•••••The Woodlands, TxJul 9, 201218 y0
J•••• A••••• M•••The Woodlands, TxJul 9, 201218 y0
S•••• R•• L••••The Woodlands, TxJul 9, 201230 y0
J••••••• M•••••• B••••The Woodlands, TxDec 4, 201325 y0
W••••• F•••• Z••••••The Woodlands, TxDec 4, 201313 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      8 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• J•••••••• M•••••• · Executive Officercontrol
        since 02/2022 · owns 10% to 25%
      • H•••••• W••••••• S•••• · Executive Officercontrol
        since 03/2008 · owns 10% to 25%
      • M•••• J••••• A••••• · Executive Officercontrol
        since 03/2008 · owns 10% to 25%
      • M•••••••• J•••• P•••••• · Chief Compliance Officer / General Counselcontrol
        since 03/2023 · owns less than 5%
      • M••••• N•••••• L••• · Chief Financial Officercontrol
        since 06/2019 · owns less than 5%
      • Z••••••• W•••••• F•••• · Executive Officercontrol
        since 03/2008 · owns 10% to 25%
      • B••••• J•••••••• M•••••• · Managing Membercontrol
        since 02/2022 · owns 25% to 50% of R••••••• C•••••• G•• L••
      • H•••••• W••••••• S•••• · Managing Membercontrol
        since 11/2018 · owns 25% to 50% of R••••••• C•••••• G•• L••
      • M•••• J••••• A••••• · Managing Membercontrol
        since 11/2018 · owns 25% to 50% of R••••••• C•••••• G•• L••
      • Z••••••• W•••••• F•••• · Managing Membercontrol
        since 11/2018 · owns 25% to 50% of R••••••• C•••••• G•• L••
      Entity owners
      • R••••••• C•••••• G•• L•• · General Partner Of R••••••• C••••••• L•
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • R••••••• G••••••• P••••••• G•• L••
        pooled vehicle sponsorn
      • R••••••• P•• P••••••• G•• L••
        pooled vehicle sponsorn
      • R••••••• P•••• P••••••• G•• L••
        pooled vehicle sponsorn
      • R••••••• P•••• P••••••• I• G•• L••
        pooled vehicle sponsorn
      • R••••••• P•••• P••••••• I•• G•• L••
        pooled vehicle sponsorn
      • R••••••• P•••• P••••••• I• G•• L••
        bankpooled vehicle sponsorn
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      The Woodlands, Tx · principal500
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 12 to 15
        May 13, 2025 to Mar 30, 2026
      • Employees · 23 to 24
        May 13, 2025 to Mar 30, 2026
      • Discretionary RAUM · $2.7B to $4.4B
        May 13, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $2.7B to $4.4B
        May 13, 2025 to Mar 30, 2026
      • RAUM · $2.7B to $4.4B
        May 13, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to May 13, 2025
      • Accounts · 8 to 10
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 6 to 12
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 8 to 10
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 22 to 23
        Mar 29, 2024 to Mar 31, 2025
      • Private funds · 8 to 10
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.8B to $2.7B
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.8B to $2.7B
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $1.8B to $2.7B
        Mar 29, 2024 to Mar 31, 2025
      • Accounts · 6 to 8
        Apr 13, 2023 to Mar 29, 2024
      • Advisory employees · 13 to 6
        Apr 13, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 6 to 8
        Apr 13, 2023 to Mar 29, 2024
      • Private funds · 6 to 8
        Apr 13, 2023 to Mar 29, 2024
      • Discretionary RAUM · $1.4B to $1.8B
        Apr 13, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $1.4B to $1.8B
        Apr 13, 2023 to Mar 29, 2024
      • RAUM · $1.4B to $1.8B
        Apr 13, 2023 to Mar 29, 2024
      • Accounts · 4 to 6
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 6 to 13
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 5 to 6
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 27 to 22
        Mar 31, 2022 to Mar 31, 2023
      • Private funds · 5 to 6
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.1B to $1.4B
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.1B to $1.4B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $1.1B to $1.4B
        Mar 31, 2022 to Mar 31, 2023
      • Related bank · false to true
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 5 to 4
        Mar 2, 2022 to Mar 31, 2022
      • Employees · 32 to 27
        Mar 2, 2022 to Mar 31, 2022
      • Private funds · 4 to 5
        Mar 2, 2022 to Mar 31, 2022
      • Discretionary RAUM · $920M to $1.1B
        Mar 2, 2022 to Mar 31, 2022
      • Pooled vehicle RAUM · $920M to $1.1B
        Mar 2, 2022 to Mar 31, 2022
      • RAUM · $920M to $1.1B
        Mar 2, 2022 to Mar 31, 2022
      • Advisory employees · 5 to 6
        May 28, 2020 to Mar 31, 2021
      • Employees · 23 to 32
        May 28, 2020 to Mar 31, 2021
      • Discretionary RAUM · $1.2B to $920M
        May 28, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $1.2B to $920M
        May 28, 2020 to Mar 31, 2021
      Signals
      9 dated events
      • R••••••• C••••••• L• reported RAUM $4.4B, up 64% from $2.7B (2025-05-13 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • R••••••• C••••••• L• reported RAUM $2.7B, up 47% from $1.8B (2024-03-29 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • R••••••• C••••••• L• reported RAUM $1.8B, up 34% from $1.4B (2023-04-13 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • John Mcmullan (Chief Compliance Officer / General Counsel) appeared on Schedule A of R••••••• C••••••• L•
        Mar 31, 2023 · Control person joined · fact
      • M Jonathan Beach (Executive Officer) appeared on Schedule A of R••••••• C••••••• L•
        Mar 2, 2022 · Control person joined · fact
      • R••••••• C••••••• L• reported RAUM $920.0M, down 25% from $1.2B (2020-05-28 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • R••••••• C••••••• L• reported RAUM $1.2B, up 35% from $908.3M (2019-11-14 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • L••• N••••• M•••• (Chief Financial Officer) appeared on Schedule A of R••••••• C••••••• L•
        Mar 30, 2020 · Control person joined · fact
      • Elizabeth Terry Everett (Chief Financial Officer & Chief Compliance Officer) no longer on Schedule A of R••••••• C••••••• L• (listed 2019-06-28, absent 2019-11-14)
        Nov 14, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      281-863-9000reportedpublic record, Form ADV, Mar 30, 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
      $879Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026