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

L••••••••• M••••••••• I•••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 157144SEC 801-73345websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Feb 11, 2012 · 20 filings
SEC status approved since Mar 28, 2012
RAUM
$494M
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
23
22 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
9
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$494M as of Mar 27, 2026
Apr 1, 2013$1.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Apr 1, 20130 then
Employees (5.A)23 as of Mar 27, 2026
Apr 1, 201331 then
Private funds9 as of Mar 27, 2026
Apr 1, 20135 then
RAUM -4.2% over the last fiscal year-7.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; 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
$54.9MderivedRAUM 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
-4.2%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
$494M, 9 clientsreportedItem 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
  • 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)
  • 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 testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$494M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
9reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$494M for 9 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=false bd_reps=0.0derived
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
      11 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • M••••••• T•••••• J••••• · Chairman & Ceocontrol
        since 07/1994 · owns 75% or more
      • K••• P••••• · Co-Managing Partner
        since 09/2022 · owns less than 5%
      • L••••• M••••••• J••••• · President
        since 09/1998 · owns less than 5%
      • N••••• K••••• A••••• · Chief Compliance Officer
        since 02/2012 · owns less than 5%
      • N•••••• T•••••• J•••• · Co-Managing Partner
        since 09/2022 · owns less than 5%
      • P•••••• V••••• · Vice-President
        since 09/1999 · owns less than 5%
      Related persons
      Schedule D 7.A
      • L••••••••• E••••• P••••••• I•• L•••
        pooled vehicle sponsorn
      • L••••••••• E••••• P••••••• I••• L•••
        pooled vehicle sponsorn
      • L••••••••• E••••• P••••••• I•• L•••
        pooled vehicle sponsorn
      • L••••••••• E••••• P••••••• V• L•••
        pooled vehicle sponsorn
      • L••••••••• E••••• P••••••• V•• L•••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 10 to 9
        Mar 28, 2025 to Mar 27, 2026
      • Advisory employees · 24 to 22
        Mar 28, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 10 to 9
        Mar 28, 2025 to Mar 27, 2026
      • Assets in custody · $516M to $494M
        Mar 28, 2025 to Mar 27, 2026
      • Employees · 25 to 23
        Mar 28, 2025 to Mar 27, 2026
      • Private funds · 10 to 9
        Mar 28, 2025 to Mar 27, 2026
      • Discretionary RAUM · $516M to $494M
        Mar 28, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $516M to $494M
        Mar 28, 2025 to Mar 27, 2026
      • RAUM · $516M to $494M
        Mar 28, 2025 to Mar 27, 2026
      • RAUM · $600M to $516M
        Jun 14, 2024 to Mar 28, 2025
      • Accounts · 7 to 10
        Jun 14, 2024 to Mar 28, 2025
      • Advisory employees · 26 to 24
        Jun 14, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 7 to 10
        Jun 14, 2024 to Mar 28, 2025
      • Assets in custody · $600M to $516M
        Jun 14, 2024 to Mar 28, 2025
      • Employees · 27 to 25
        Jun 14, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Jun 14, 2024 to Mar 28, 2025
      • Discretionary RAUM · $600M to $516M
        Jun 14, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $600M to $516M
        Jun 14, 2024 to Mar 28, 2025
      • Private funds · 7 to 10
        Mar 28, 2024 to Jun 14, 2024
      • Assets in custody · $615M to $600M
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $615M to $600M
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $615M to $600M
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $615M to $600M
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 24 to 26
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $704M to $615M
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 25 to 27
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $704M to $615M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $704M to $615M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $704M to $615M
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $568M to $704M
        Mar 30, 2021 to Mar 31, 2022
      • Discretionary RAUM · $568M to $704M
        Mar 30, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $568M to $704M
        Mar 30, 2021 to Mar 31, 2022
      • RAUM · $568M to $704M
        Mar 30, 2021 to Mar 31, 2022
      • Advisory employees · 25 to 24
        Mar 28, 2020 to Mar 30, 2021
      • Assets in custody · $687M to $568M
        Mar 28, 2020 to Mar 30, 2021
      • Employees · 26 to 25
        Mar 28, 2020 to Mar 30, 2021
      • Discretionary RAUM · $687M to $568M
        Mar 28, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $687M to $568M
        Mar 28, 2020 to Mar 30, 2021
      • RAUM · $687M to $568M
        Mar 28, 2020 to Mar 30, 2021
      • Accounts · 4 to 7
        Aug 13, 2019 to Mar 28, 2020
      Signals
      1 dated events
      • L••••••••• M••••••••• I••• reported RAUM $655.0M, down 31% from $945.6M (2018-05-02 to 2019-03-28)
        Mar 28, 2019 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      H•••://WWW.LINKEDIN.COM/COMPANY/L•••••••••-MANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-319-3633reportedpublic record, Form ADV, Mar 27, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026