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

T•••• A•••••••• I•••

Asset manager (funds and pooled vehicles)Houston, TexasCRD 157508SEC 801-72355IAPD
Latest filing Mar 26, 2026
First filing on the tape Nov 17, 2011 · 24 filings
SEC status approved since May 25, 2011
RAUM
$7.0B
reported, Item 5.F
Discretionary
0.0%
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
76
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
7
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$7.0B as of Mar 26, 2026
Mar 27, 2012$2.8B then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 26, 2026
Mar 27, 20120 then
Employees (5.A)76 as of Mar 26, 2026
Mar 27, 20132 then
Private funds7 as of Mar 26, 2026
Mar 30, 20153 then
RAUM +15% over the last fiscal year+13% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$7.0BderivedRAUM 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
$4.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
76.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+15%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 assetsreportedItem 5.E
Advisory activities
otherreportedItem 5.G
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$6.8B97%
  • Banks and thrifts$201M2.9%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,590reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.97 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
      7 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••••• M••••• E•••••• H•••••• · Director, President And Treasurercontrol
        since 06/2014 · owns less than 5%
      • B•••••• S••• · Directorcontrol
        since 05/2017 · owns less than 5%
      • H••••• K••••••• C••••• · Director, Vice President, Chief Compliance Officer, And Secretarycontrol
        since 10/2017 · owns less than 5%
      • S••••••• S••••••• R•• · Director And Vice Presidentcontrol
        since 06/2014 · owns less than 5%
      • T•••••••• R•••••• · Chief Information Security Officercontrol
        since 01/2020 · owns less than 5%
      • W•••• S••••••• L• · Directorcontrol
        since 01/2024 · owns less than 5%
      Entity owners
      • S•• F•••••• S•••••••• L•• · Shareholder
        direct · owns 75% or more
      • S•••••• C••••••••• I••••••••• · Shareholder
        indirect · owns 75% or more of S•• F•••••• S•••••••• L•• · public reporting company
      Related persons
      Schedule D 7.A
      • I•••••••• T••••• I•••
        n
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Mar 26, 2026
        discretionary share of RAUM of 0% against a peer median of 100% (684 comparable advisers, 0.0th percentile, 33.7 robust deviations)
        peers: asset managers, $5B to $20B (684) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 1,470 to 1,590
        Mar 26, 2025 to Mar 26, 2026
      • Non-discretionary RAUM · $6.1B to $7.0B
        Mar 26, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $5.9B to $6.8B
        Mar 26, 2025 to Mar 26, 2026
      • RAUM · $6.1B to $7.0B
        Mar 26, 2025 to Mar 26, 2026
      • Accounts · 1,347 to 1,470
        Mar 22, 2024 to Mar 26, 2025
      • Employees · 83 to 76
        Mar 22, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Mar 22, 2024 to Mar 26, 2025
      • Non-discretionary RAUM · $5.5B to $6.1B
        Mar 22, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $5.4B to $5.9B
        Mar 22, 2024 to Mar 26, 2025
      • RAUM · $5.5B to $6.1B
        Mar 22, 2024 to Mar 26, 2025
      • Accounts · 1,352 to 1,347
        May 8, 2023 to Mar 22, 2024
      • Employees · 78 to 83
        May 8, 2023 to Mar 22, 2024
      • Non-discretionary RAUM · $4.8B to $5.5B
        May 8, 2023 to Mar 22, 2024
      • Pooled vehicle RAUM · $4.7B to $5.4B
        May 8, 2023 to Mar 22, 2024
      • RAUM · $4.8B to $5.5B
        May 8, 2023 to Mar 22, 2024
      • Accounts · 1,546 to 1,352
        Mar 30, 2022 to Mar 28, 2023
      • Non-discretionary RAUM · $5.6B to $4.8B
        Mar 30, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $5.5B to $4.7B
        Mar 30, 2022 to Mar 28, 2023
      • RAUM · $5.6B to $4.8B
        Mar 30, 2022 to Mar 28, 2023
      • Employees · 80 to 78
        Mar 29, 2021 to Mar 30, 2022
      • Non-discretionary RAUM · $5.0B to $5.6B
        Mar 29, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $4.9B to $5.5B
        Mar 29, 2021 to Mar 30, 2022
      • RAUM · $5.0B to $5.6B
        Mar 29, 2021 to Mar 30, 2022
      • Accounts · 1,702 to 1,546
        Mar 27, 2020 to Mar 29, 2021
      • Employees · 57 to 80
        Mar 27, 2020 to Mar 29, 2021
      • Non-discretionary RAUM · $4.4B to $5.0B
        Mar 27, 2020 to Mar 29, 2021
      • Pooled vehicle RAUM · $4.4B to $4.9B
        Mar 27, 2020 to Mar 29, 2021
      • RAUM · $4.4B to $5.0B
        Mar 27, 2020 to Mar 29, 2021
      • Accounts · 1,763 to 1,702
        Sep 20, 2019 to Mar 27, 2020
      • Pooled vehicle clients · 6 to 7
        Sep 20, 2019 to Mar 27, 2020
      • Employees · 56 to 57
        Sep 20, 2019 to Mar 27, 2020
      • Non-discretionary RAUM · $4.1B to $4.4B
        Sep 20, 2019 to Mar 27, 2020
      • Pooled vehicle RAUM · $3.8B to $4.4B
        Sep 20, 2019 to Mar 27, 2020
      • RAUM · $4.1B to $4.4B
        Sep 20, 2019 to Mar 27, 2020
      • Private funds · 6 to 7
        Mar 28, 2019 to Sep 20, 2019
      • Accounts · 1,615 to 1,763
        Mar 29, 2018 to Mar 28, 2019
      • Employees · 58 to 56
        Mar 29, 2018 to Mar 28, 2019
      • Non-discretionary RAUM · $4.1B to $4.1B
        Mar 29, 2018 to Mar 28, 2019
      • Pooled vehicle RAUM · $3.7B to $3.8B
        Mar 29, 2018 to Mar 28, 2019
      • RAUM · $4.1B to $4.1B
        Mar 29, 2018 to Mar 28, 2019
      Signals
      5 dated events
      • Li S•••••• W••• (Director) appeared on Schedule A of T•••• A•••••••• I•••
        Mar 22, 2024 · Control person joined · fact
      • G•••• B•••• (Director) no longer on Schedule A of T•••• A•••••••• I••• (listed 2023-05-08, absent 2024-03-22)
        Mar 22, 2024 · Control person left · inference
      • G•••• B•••• (Director) appeared on Schedule A of T•••• A•••••••• I•••
        Mar 29, 2021 · Control person joined · fact
      • S••• B••••• (Director) appeared on Schedule A of T•••• A•••••••• I•••
        Mar 29, 2021 · Control person joined · fact
      • R•••••• T••••••• (Chief Information Security Officer) appeared on Schedule A of T•••• A•••••••• I•••
        Mar 29, 2021 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      (713) 525-7607reportedpublic record, Form ADV, Mar 26, 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