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

M•••••••• L•••

Former SEC-registered adviserMinneapolis, MinnesotaCRD 157586SEC 801-73063IAPD
Latest filing Mar 21, 2014
First filing on the tape Jan 17, 2012 · 7 filings
RAUM
$208M
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
12
8 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$208M as of Mar 21, 2014
Feb 13, 2013$255M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 21, 2014
Feb 13, 20130 then
Employees (5.A)12 as of Mar 21, 2014
Feb 13, 201312 then
Private funds: no history
RAUM -19% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 21, 2014; 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
$208MderivedRAUM 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
-19%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
$198M, 1 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$198M for 1 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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• J••••• T••••••• · Cfo; Limited Partnercontrol
        since 11/2004 · owns less than 5%
      • H•••• V•• Z•••• · Limited Partnercontrol
        since 01/2014 · owns 10% to 25%
      • H•••••• J•••••• M•••••• · Limited Partnercontrol
        since 11/2004 · owns less than 5%
      • J••••••• T••••••• D••••• · Ceo; Limited Partnercontrol
        since 11/2004 · owns 10% to 25%
      • M•••••••• J•••• L•••• · Limited Partnercontrol
        since 11/2004 · owns 5% to 10%
      • H••••••••• G••••• N•••••• · Chief Compliance Officer
        since 01/2014 · owns less than 5%
      Entity owners
      • M••••••• U••••••• G••• L•• · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      Advisers that list M•••••••• L••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $271M to $198M
        Apr 24, 2013 to Mar 21, 2014
      • Discretionary RAUM · $304M to $208M
        Apr 24, 2013 to Mar 21, 2014
      • RAUM · $304M to $208M
        Apr 24, 2013 to Mar 21, 2014
      • Assets in custody · $247M to $271M
        Feb 19, 2013 to Mar 22, 2013
      • Discretionary RAUM · $296M to $304M
        Feb 19, 2013 to Mar 22, 2013
      • RAUM · $296M to $304M
        Feb 19, 2013 to Mar 22, 2013
      • Discretionary RAUM · $255M to $296M
        Feb 13, 2013 to Feb 19, 2013
      • RAUM · $255M to $296M
        Feb 13, 2013 to Feb 19, 2013
      • Advisory employees · unset to 8.0
        Jan 17, 2012 to Feb 13, 2013
      • BD registered reps · unset to 0.0
        Jan 17, 2012 to Feb 13, 2013
      • Assets in custody · $373M to $247M
        Jan 17, 2012 to Feb 13, 2013
      • Employees · unset to 12.0
        Jan 17, 2012 to Feb 13, 2013
      • State-registered IARs · unset to 0.0
        Jan 17, 2012 to Feb 13, 2013
      • Discretionary RAUM · $383M to $255M
        Jan 17, 2012 to Feb 13, 2013
      • RAUM · $383M to $255M
        Jan 17, 2012 to Feb 13, 2013
      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.
      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