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
Z••• F••••••••• L••
Latest filing Dec 2, 2024
First filing on the tape Oct 18, 2013 · 48 filings
SEC status approved since Oct 25, 2013
RAUM
$4.5B
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
16
14 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$2.6B as of Mar 22, 2024
Jan 20, 2014$133M then
HNW client RAUM$76.7M as of Mar 22, 2024
Mar 24, 2018$30.9M then
State-registered IARs (5.B.3)9 as of Mar 22, 2024
Jan 20, 20146 then
Employees (5.A)16 as of Mar 22, 2024
Jan 20, 20146 then
Private funds1 as of Feb 11, 2016
Feb 19, 20151 then
RAUM +786% over the last fiscal year+117% a year over threeIARs 6 to 9offices 1 to 5
Practice profile
derived from the filing of Dec 2, 2024; every figure names its basis
- RAUM per advisor
- $505MderivedRAUM 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
- $126MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 1.5derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +408%derivedbetween the last two annual amendments
- Advisor growth, one year
- +50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -41%derived
- 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
- 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$4.5B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 36reported
- Financial planning clients
- 0reported
- 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
Left, latest
- J••• A•••••••• P••••••••• to Z••• I••••••••• L••Jan 2, 2025 · Other
- D•••• B•••• M•••• to Z••• I••••••••• L••Dec 31, 2024 · Other
- M•••••• W•••••• P••• to Z••• I••••••••• L••Dec 4, 2024 · Other
- K•••••• B••••• L••••••••• to Z••• I••••••••• L••Sep 4, 2024 · Other
- B•••• B•••••• J••••• to P••••••• W••••••••• L••Jan 10, 2023 · RIA to a newly registered adviser
- S••••••• L••••••• S••••••• to P••••••• W••••••••• L••Nov 15, 2022 · RIA to a newly registered adviser
- W•••• P•••••• F•••••• to A•••• D•• I••••••••• M•••••••••Jul 14, 2020 · Other
- M•••••• T••••• R••••••••• to C•••••• A••••••• S•••••••• L••Jan 3, 2020 · RIA to RIA
- R•••••• T••••••• D•••• to M•••• C••••••• I•••Jun 26, 2017 · Other
- T••••• R•••••• Y•••• to K••••• A•••••••• L••Oct 2, 2014 · Other
- T••• E•••••• S••••••••• to N•••••Jan 29, 2014 · Other
Joined, latest
- K•••••• B••••• L••••••••• from M••• W•••••Feb 29, 2024 · RIA to RIA
- M•••••• W•••••• P••• from T•• B••••• C••••••Jul 12, 2021 · RIA to RIA
- B•••• B•••••• J••••• from F••••••• P••••••• A•• W•••••••• A•••••••May 6, 2021 · Affiliated broker-dealer or bank to independent RIA
- S••••••• L••••••• S••••••• from D•••••• W••••• M••••••••• L••Apr 4, 2021 · RIA to RIA
- M•••••• T••••• R••••••••• from B••••••••• W••••• A•••••••• L••Jan 18, 2019 · RIA to RIA
- D•••• B•••• M•••• from R••••• F•••••••• A•••••••Jan 7, 2014 · Other
- T••• E•••••• S••••••••• from I••••••• C•••••• M••••••••• L••Jan 6, 2014 · Other
- T••••• R•••••• Y•••• from B••••••••• C•••••• M••••••••• L••Aug 21, 2013 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Z••• I••••••••• L••Dec 31, 2024 · Palm Beach Gardens, Fl
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Z••• H••• P••••••••• O••••• F•••• L•no longer reported | Hedge Fund | $4.8M | 6 | May 21, 2014 |
Owners and control persons
Schedule A and B, latest filing
- M•••••••• J•••• T••••• · Chief Compliance Officercontrolsince 05/2024 · owns less than 5%
- M••••••• M••••••• S••• · Chief Operating Officercontrolsince 12/2023 · owns less than 5%
- P••••••••• J•••• A•••••••• · Ceo/ Managing Directorcontrolsince 03/2011 · owns 75% or more
Related persons
Schedule D 7.A
- Z••• I••••••••• L••investment advisernRAUM $614M
Advisers that list Z••• F••••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Miami, Fl | 0 | 0 | 0 | ||
| Palm Beach Gardens, Fl · principal | 0 | 0 | 0 | ||
| West Palm Beach, Fl | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Omaha, NE5 employees
- , 1 employees
- Omaha, NE
What changed
consecutive filings, newest first
- Accounts · 1,781 to 36Jul 2, 2024 to Aug 20, 2024
- Advisory activities · 3 to 1Jul 2, 2024 to Aug 20, 2024
- HNW clients · 47.0 to unsetJul 2, 2024 to Aug 20, 2024
- Individual clients · 111.0 to unsetJul 2, 2024 to Aug 20, 2024
- Discretionary RAUM · $2.6B to $4.5BJul 2, 2024 to Aug 20, 2024
- HNW RAUM · 76686205.0 to unsetJul 2, 2024 to Aug 20, 2024
- Individual RAUM · 381265936.0 to unsetJul 2, 2024 to Aug 20, 2024
- RAUM · $2.6B to $4.5BJul 2, 2024 to Aug 20, 2024
- Related adviser · false to trueJul 2, 2024 to Aug 20, 2024
- Wrap assets (manager) · 0.0 to unsetJul 2, 2024 to Aug 20, 2024
- Wrap assets (sponsor) · 0.0 to unsetJul 2, 2024 to Aug 20, 2024
- Accounts · 270 to 1,781Dec 21, 2023 to Mar 22, 2024
- Advisory employees · 9 to 14Dec 21, 2023 to Mar 22, 2024
- Advisory activities · 2 to 3Dec 21, 2023 to Mar 22, 2024
- HNW clients · 149 to 47Dec 21, 2023 to Mar 22, 2024
- Individual clients · 121 to 111Dec 21, 2023 to Mar 22, 2024
- Employees · 9 to 16Dec 21, 2023 to Mar 22, 2024
- Insurance-licensed employees · 1 to 0Dec 21, 2023 to Mar 22, 2024
- State-registered IARs · 6 to 9Dec 21, 2023 to Mar 22, 2024
- Other offices · 1 to 5Dec 21, 2023 to Mar 22, 2024
- Discretionary RAUM · $513M to $2.6BDec 21, 2023 to Mar 22, 2024
- HNW RAUM · $63.6M to $76.7MDec 21, 2023 to Mar 22, 2024
- Individual RAUM · $450M to $381MDec 21, 2023 to Mar 22, 2024
- RAUM · $513M to $2.6BDec 21, 2023 to Mar 22, 2024
- Wrap assets (manager) · $2.6M to $0Dec 21, 2023 to Mar 22, 2024
- Wrap assets (sponsor) · $83.7M to $0Dec 21, 2023 to Mar 22, 2024
- HQ city · WEST PALM BEACH to PALM BEACH GARDENSMar 10, 2023 to Mar 30, 2023
- Accounts · 349 to 270Aug 19, 2022 to Mar 10, 2023
- Advisory employees · 10 to 9Aug 19, 2022 to Mar 10, 2023
- HNW clients · 105 to 149Aug 19, 2022 to Mar 10, 2023
- Individual clients · 244 to 121Aug 19, 2022 to Mar 10, 2023
- Employees · 10 to 9Aug 19, 2022 to Mar 10, 2023
- Insurance-licensed employees · 2 to 1Aug 19, 2022 to Mar 10, 2023
- Financial planning clients · 251-500 to 0Aug 19, 2022 to Mar 10, 2023
- State-registered IARs · 7 to 6Aug 19, 2022 to Mar 10, 2023
- Discretionary RAUM · $636M to $513MAug 19, 2022 to Mar 10, 2023
- HNW RAUM · $163M to $63.6MAug 19, 2022 to Mar 10, 2023
- Individual RAUM · $473M to $450MAug 19, 2022 to Mar 10, 2023
- RAUM · $636M to $513MAug 19, 2022 to Mar 10, 2023
- Wrap assets (manager) · $5.1M to $2.6MAug 19, 2022 to Mar 10, 2023
Signals
17 dated events
- Z••• F••••••••• L•• no longer on the SEC adviser roster (last listed 2025-01-02, RAUM $4.5B)Feb 3, 2025 · Left the SEC roster · derived
- J••• A•••••••• P••••••••• left Z••• F••••••••• L•• for Z••• I••••••••• L•• (registered 2024-08-27)Jan 2, 2025 · Advisor changed firm · fact
- D•••• B•••• M•••• left Z••• F••••••••• L•• for Z••• I••••••••• L•• (registered 2024-08-27)Dec 31, 2024 · Advisor changed firm · fact
- 2 advisors left Z••• F••••••••• L•• (Palm Beach Gardens, FL) for Z••• I••••••••• L•• within 2 daysDec 31, 2024 · Team lift-out · derived
- M•••••• W•••••• P••• left Z••• F••••••••• L•• for Z••• I••••••••• L•• (registered 2024-09-18)Dec 4, 2024 · Advisor changed firm · fact
- Mark M•••••• Brokaw (Managing Director Of Trading) no longer on Schedule A of Z••• F••••••••• L•• (listed 2024-08-20, absent 2024-11-22)Nov 22, 2024 · Control person left · inference
- K•••••• B••••• L••••••••• left Z••• F••••••••• L•• for Z••• I••••••••• L•• (registered 2024-08-27)Sep 4, 2024 · Advisor changed firm · fact
- Z••• F••••••••• L•• reported RAUM $4.5B, up 74% from $2.6B (2024-07-02 to 2024-08-20)Aug 20, 2024 · RAUM change · derived
- Thomas John Mcdevitt (Chief Compliance Officer) appeared on Schedule A of Z••• F••••••••• L••May 16, 2024 · Control person joined · fact
- Jim Granger (Cio/Chief Compliance Officer) no longer on Schedule A of Z••• F••••••••• L•• (listed 2024-03-25, absent 2024-05-16)May 16, 2024 · Control person left · inference
- Sean M•••••• Mcgrath (Chief Operating Officer) appeared on Schedule A of Z••• F••••••••• L••Mar 22, 2024 · Control person joined · fact
- Z••• F••••••••• L•• reported RAUM $2.6B, up 408% from $513.4M (2023-12-21 to 2024-03-22)Mar 22, 2024 · RAUM change · derived
- Jim Granger (Cio) appeared on Schedule A of Z••• F••••••••• L••Mar 10, 2023 · Control person joined · fact
- B•••• B•••••• J••••• left Z••• F••••••••• L•• for P••••••• W••••••••• L•• (registered 2022-07-20)Jan 10, 2023 · Advisor changed firm · fact
- S••••••• L••••••• S••••••• left Z••• F••••••••• L•• for P••••••• W••••••••• L•• (registered 2022-10-14)Nov 15, 2022 · Advisor changed firm · fact
- Z••• F••••••••• L•• reported RAUM $636.4M, up 44% from $443.4M (2021-07-20 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Z••• F••••••••• L•• filed its initial SEC registration (Form ADV)Oct 18, 2013 · 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