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

P••••••• I••••••••• A•••••••• I•••

Former SEC-registered adviserRichmond, VirginiaCRD 157216SEC 801-73367IAPD
Latest filing Feb 20, 2019
First filing on the tape Feb 13, 2012 · 10 filings
RAUM
$131M
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
6
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
9
$131M gross assets
History
10 filings and snapshots on the tape
RAUM$131M as of Feb 20, 2019
Feb 4, 2013$183M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Feb 20, 2019
Feb 4, 20132 then
Employees (5.A)6 as of Feb 20, 2019
Feb 4, 20138 then
Private funds9 as of Feb 20, 2019
Feb 4, 20136 then
RAUM -1.0% over the last fiscal year-5.9% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Feb 20, 2019; every figure names its basis
RAUM per advisor
$131MderivedRAUM 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
$14.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
6.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-1.0%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$860,928, 9 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$131M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
9reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$860,928 for 9 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
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      P••••••• H••••••• 8• L••Real Estate Fund$18.0M2Mar 4, 2021
      P••••••• H••••••• 9• L••Real Estate Fund$16.0M11Mar 18, 2022
      P••••••• H••••••• V• L••Real Estate Fund$14.1M16Feb 13, 2012
      P••••••• H••••••• I•• L••Real Estate Fund$11.7M17Feb 13, 2012
      P••••••• H•••••••• L••Real Estate Fund$6.1M2Feb 13, 2012
      P• C•••• B•••••• L••Real Estate Fund$4.7M6Mar 18, 2022
      P• H••••••• L••Real Estate Fund$4.5M16Mar 4, 2021
      P• S•••••• C••••• L••Real Estate Fund$3.7M13Mar 18, 2022
      P••••••• H••••••• I••• L••Real Estate Fund$2.9M10Feb 13, 2012
      P••••••• H••••••• V•• L••Real Estate Fund$1.5M9Feb 13, 2012
      P• H•••••• 2• L••Real Estate Fund$751,2302Mar 13, 2023
      P• R••••••••• L••Real Estate Fund$534,32819Feb 12, 2015
      P• D••••••• S••••• L••Real Estate Fund$422,30610Feb 4, 2016
      P• A••••••••• L••Real Estate Fund$341,16314Feb 4, 2016
      P••••••• H••••••• V••• L••Real Estate Fund$230,1951Feb 4, 2013
      P• W••• R••••• L••Real Estate Fund$23,21711Feb 16, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• C••••••••• B•••••• · Presidentcontrol
        since 06/2010 · owns 50% to 75%
      • B••••• R•••••• L•••• · Chairmancontrol
        since 06/2010 · owns 50% to 75%
      • C•••• D••••• M••• · Chief Compliance Officer / Chief Financial Officercontrol
        since 07/2011 · owns less than 5%
      Related persons
      Schedule D 7.A
      • P••••••• I••••••••• A•••••••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 10 to 9
        Feb 21, 2018 to Feb 20, 2019
      • Pooled vehicle clients · 10 to 9
        Feb 21, 2018 to Feb 20, 2019
      • Assets in custody · $1.4M to $860,928
        Feb 21, 2018 to Feb 20, 2019
      • Private funds · 10 to 9
        Feb 21, 2018 to Feb 20, 2019
      • Discretionary RAUM · $133M to $131M
        Feb 21, 2018 to Feb 20, 2019
      • Pooled vehicle RAUM · $133M to $131M
        Feb 21, 2018 to Feb 20, 2019
      • RAUM · $133M to $131M
        Feb 21, 2018 to Feb 20, 2019
      • Advisory employees · 2 to 1
        Feb 16, 2017 to Feb 21, 2018
      • Charity clients · unset to 0.0
        Feb 16, 2017 to Feb 21, 2018
      • Corporate clients · unset to 0.0
        Feb 16, 2017 to Feb 21, 2018
      • HNW clients · unset to 0.0
        Feb 16, 2017 to Feb 21, 2018
      • Individual clients · unset to 0.0
        Feb 16, 2017 to Feb 21, 2018
      • Pension plan clients · unset to 0.0
        Feb 16, 2017 to Feb 21, 2018
      • Pooled vehicle clients · unset to 10.0
        Feb 16, 2017 to Feb 21, 2018
      • Assets in custody · $512,412 to $1.4M
        Feb 16, 2017 to Feb 21, 2018
      • Employees · 9 to 6
        Feb 16, 2017 to Feb 21, 2018
      • State-registered IARs · 2 to 1
        Feb 16, 2017 to Feb 21, 2018
      • Other offices · unset to 0.0
        Feb 16, 2017 to Feb 21, 2018
      • Discretionary RAUM · $152M to $133M
        Feb 16, 2017 to Feb 21, 2018
      • Pooled vehicle RAUM · unset to 132639412.0
        Feb 16, 2017 to Feb 21, 2018
      • RAUM · $152M to $133M
        Feb 16, 2017 to Feb 21, 2018
      • Accounts · 9 to 10
        Feb 4, 2016 to Feb 16, 2017
      • Assets in custody · $1.2M to $512,412
        Feb 4, 2016 to Feb 16, 2017
      • Private funds · 9 to 10
        Feb 4, 2016 to Feb 16, 2017
      • Discretionary RAUM · $158M to $152M
        Feb 4, 2016 to Feb 16, 2017
      • RAUM · $158M to $152M
        Feb 4, 2016 to Feb 16, 2017
      • Accounts · 7 to 9
        Feb 12, 2015 to Feb 4, 2016
      • Assets in custody · $575,872 to $1.2M
        Feb 12, 2015 to Feb 4, 2016
      • Private funds · 7 to 9
        Feb 12, 2015 to Feb 4, 2016
      • Discretionary RAUM · $124M to $158M
        Feb 12, 2015 to Feb 4, 2016
      • RAUM · $124M to $158M
        Feb 12, 2015 to Feb 4, 2016
      • Accounts · 6 to 7
        Feb 19, 2014 to Feb 12, 2015
      • Assets in custody · $323,253 to $575,872
        Feb 19, 2014 to Feb 12, 2015
      • Employees · 8 to 9
        Feb 19, 2014 to Feb 12, 2015
      • Private funds · 6 to 7
        Feb 19, 2014 to Feb 12, 2015
      • Discretionary RAUM · $154M to $124M
        Feb 19, 2014 to Feb 12, 2015
      • RAUM · $154M to $124M
        Feb 19, 2014 to Feb 12, 2015
      • Advisory employees · 3 to 2
        Feb 4, 2013 to Feb 19, 2014
      • Assets in custody · $15.5M to $323,253
        Feb 4, 2013 to Feb 19, 2014
      • Discretionary RAUM · $183M to $154M
        Feb 4, 2013 to Feb 19, 2014
      Signals
      No event on the tape.
      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
      Firm profile
      LINKEDIN.COM/COMPANY/1829701reportedpublic record, Form ADV, Sep 18, 2026
      Website
      PIAINC.NETreportedpublic 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
      Across the graphs

      P••••••• I••••••••• A•••••••• I••• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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