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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
H••••• L••
Legal name H•••••••• I••••••••• M••••••••• C••••••• L••
Latest filing Jun 25, 2026
First filing on the tape Mar 30, 2012 · 33 filings
SEC status approved since Nov 28, 2011
RAUM
$726M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$726M
derived; firm RAUM over IAPD count
Employees
49
30 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
24
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$726M as of Jun 25, 2026
Mar 30, 2012$1.9B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 25, 2026
Mar 30, 20120 then
Employees (5.A)49 as of Jun 25, 2026
Mar 27, 201343 then
Private funds24 as of Jun 25, 2026
Mar 30, 20121 then
RAUM -12% over the last fiscal year-9.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 25, 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
- $726MderivedRAUM 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
- $26.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 49.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -12%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
- 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
- has discretionary authority over which securities are bought or sold (8.C.1)
- 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
- Pooled investment vehicles$726M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 27reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- 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
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| B•••••• D••••• | Morristown, Nj | Sep 16, 2020 | 29 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
42 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| N••• W••• C••••• I••••••• I• L•• | Real Estate Fund | $132M | 63 | Mar 30, 2018 |
| H•• I• D••••• I••••••••• P••••••• A• L• | Real Estate Fund | $112M | 4 | Mar 29, 2018 |
| H•••••••• C••••••• Q•••••••• O••••••••• F••• L•• | Real Estate Fund | $111M | 114 | Mar 29, 2019 |
| T•• H•••••••• L••••• F••• L••no longer reported | Real Estate Fund | $100M | 48 | Mar 30, 2020 |
| H•• O••••• R••• M••••• L•• | Real Estate Fund | $42.0M | 71 | Mar 30, 2018 |
| H•••••••• P••••••• F••• V••• L• | Real Estate Fund | $40.0M | 32 | Mar 30, 2012 |
| H•••••••• A•••••••• M• U•••• R•••••• L•• | Real Estate Fund | $33.3M | 20 | Mar 30, 2021 |
| H•••••••• L••• P••••• L•• | Real Estate Fund | $27.9M | 37 | Mar 29, 2019 |
| M•••••••• M•• L•• | Real Estate Fund | $26.8M | 32 | Mar 30, 2018 |
| 1••• B•••• R••• 2••• U•••• R•••••• L••no longer reported | Real Estate Fund | $22.3M | 38 | Mar 30, 2018 |
| 4• M••••• S••••• L•• | Real Estate Fund | $22.2M | 34 | Mar 30, 2018 |
| 2• S•••• S••••• L•• | Real Estate Fund | $20.8M | 38 | Sep 27, 2019 |
| H•••••••• M•••••••• M• 2••• L•• | Real Estate Fund | $20.1M | 49 | Mar 29, 2019 |
| H•••••••• H• L•• | Real Estate Fund | $17.3M | 42 | Mar 30, 2018 |
| H•••••••• P••••••• F••• V•• L• | Real Estate Fund | $12.7M | 27 | Mar 30, 2020 |
| H•••••••• C••••••• Q•••••••• O••••••••• C•••••••• F••• L•• | Real Estate Fund | $8.9M | 18 | Mar 31, 2022 |
| J•••••••• 2••• S••• S•••••• L•• | Real Estate Fund | $7.4M | 16 | Mar 29, 2024 |
| H•••••••• I••••••••• C•••••• L•• | Real Estate Fund | $7.3M | 18 | Jun 30, 2022 |
| H•••••••• F••• W•••• L•• | Real Estate Fund | $6.3M | 36 | Mar 29, 2019 |
| H•••••••• R••••• L•• | Real Estate Fund | $6.2M | 16 | Sep 27, 2019 |
| H•••••••• P••••••• L••no longer reported | Real Estate Fund | $5.8M | 14 | Mar 30, 2018 |
| H•••••••• J••••• C••• S••••••••• L••no longer reported | Real Estate Fund | $3.7M | 28 | Mar 31, 2022 |
| H•• C••••••••• I•••••••• L•• | Real Estate Fund | $1.3M | 11 | Mar 31, 2022 |
| H•• C••••••••• I•••••••• L•• | Real Estate Fund | $1.2M | 7 | Mar 31, 2022 |
| M••• A•• W••• L•• | Real Estate Fund | $579,313 | 38 | Mar 30, 2018 |
| H••••••• S•••••• L•• | Real Estate Fund | $379,463 | 24 | Mar 30, 2018 |
| A••• S••••• L•• | Real Estate Fund | $356,365 | 30 | Mar 30, 2018 |
| H•• 1•• C•••••• W•• L•• | Real Estate Fund | $267,409 | 25 | Mar 30, 2018 |
| T•• S••• B••••• L••no longer reported | Real Estate Fund | $199,292 | 26 | Mar 30, 2018 |
| H•••••••• M•••• L•• | Real Estate Fund | $117,000 | 28 | Mar 30, 2018 |
| H•• O•••••• I•••••••• L•• | Real Estate Fund | $61,111 | 7 | Mar 31, 2022 |
| H•••••••• N•••••• L•• | Real Estate Fund | $31,367 | 15 | Sep 27, 2019 |
| H•••••••• R•••• S••••• L••no longer reported | Real Estate Fund | $10,000 | 28 | Mar 29, 2019 |
| H•••••••• W•••••••• L••no longer reported | Real Estate Fund | $0 | 36 | Mar 30, 2018 |
| H•• U••• R••• E••••• E••••••• C••• F••• I• L•no longer reported | Real Estate Fund | $0 | 9 | Mar 24, 2016 |
| H•••••••• S••••••• S• D•• L•• | Real Estate Fund | $0 | 34 | Mar 29, 2019 |
| H•••••••• 2••• S••• S•••••• I••••••••• S••••• V• L•• | Real Estate Fund | $0 | 68 | Mar 30, 2018 |
| H•••••••• I••••••••• R•••••••• C••••• F••• 1• L••no longer reported | Other Private Fund | $0 | 9 | Sep 27, 2019 |
| H•• U••• R••• E••••• I••••• F••• L•no longer reported | Real Estate Fund | $0 | 14 | Mar 30, 2012 |
| H•••••••• M••••••• L••no longer reported | Real Estate Fund | $0 | 40 | Mar 30, 2018 |
Owners and control persons
Schedule A and B, latest filing
- D•••••• B•••••• · Chief Compliance Officercontrolsince 06/2020 · owns less than 5%
- H•••••• J••••• E• · Chief Executive Officercontrolsince 04/2003 · owns less than 5%
- M•••••••• C•••••• · Interim Chief Financial Officercontrolsince 05/2024 · owns less than 5%
- R••••• M•••• S• · Chief Legal Officercontrolsince 01/2016 · owns less than 5%
- H•••••• J••••• E• · Ownercontrolsince 10/2005 · owns 50% to 75% of D••••• A••••• A••••••••• L•
Entity owners
- T•• H•••••••• C••••••••• L•• · Sole Ownerdirect · owns 75% or more
- D••••• A••••• A••••••••• L• · Ownerindirect · owns 25% to 50% of T•• H•••••••• C••••••••• L••
Related persons
Schedule D 7.A
- 2• S•••• S••••• M•••••• L••pooled vehicle sponsorn
- H•••••••• A•••••••• M•• L••pooled vehicle sponsorn
- H•••••••• F••• W•••• M• L••pooled vehicle sponsorn
- H•••••••• H• M• L••pooled vehicle sponsorn
- H•••••••• L••••• P•••••••• L••pooled vehicle sponsorn
- H•••••••• M•••• M• L••pooled vehicle sponsorn
- H•••••••• M•••••••• H••••• M• L••pooled vehicle sponsorn
- H•••••••• N•••••• M• L••pooled vehicle sponsorn
- H•••••••• N••• W••• C••••• I• L••pooled vehicle sponsorn
- H•••••••• P••••••• I•• L••pooled vehicle sponsorn
- H•••••••• P••••••• V••• L••pooled vehicle sponsorn
- H•••••••• P••••••• V•••• L••pooled vehicle sponsorn
- H•••••••• Q•• M••••••• L••pooled vehicle sponsorn
- H•••••••• S••••••• M• L••pooled vehicle sponsorn
- H•• L••• P••••• M• L••pooled vehicle sponsorn
- H•• M•• L••pooled vehicle sponsorn
- H•• M•••••••• M• L••pooled vehicle sponsorn
- H•• R••• E••••• P••••••• L••pooled vehicle sponsorn
- H•• H•• S••• S•••••• M• L••pooled vehicle sponsorn
- H•• O••••• R••• I•••••••• L••pooled vehicle sponsorn
- H•• M• L••pooled vehicle sponsorn
- H•• M• 1•• C•••••• W••• L••pooled vehicle sponsorn
- H••• M• L••pooled vehicle sponsorn
- H•• I• D••••• I•••••••• G•• L••pooled vehicle sponsorn
- J•••• E• H••••• I•investment companyy
- J•••••••• 2••• M• L••pooled vehicle sponsorn
- L• 4• M••••• S•••••• L••pooled vehicle sponsorn
- M••• A•• W••• M• L••pooled vehicle sponsorn
- R••••• H••••• M• L••pooled vehicle sponsorn
- S••••• V• M•• L••pooled vehicle sponsorn
Advisers that list H••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Discretionary RAUM · $781M to $726MMar 31, 2026 to Apr 30, 2026
- Pooled vehicle RAUM · $781M to $726MMar 31, 2026 to Apr 30, 2026
- RAUM · $781M to $726MMar 31, 2026 to Apr 30, 2026
- Accounts · 29 to 27Apr 30, 2025 to Mar 31, 2026
- Advisory employees · 35 to 30Apr 30, 2025 to Mar 31, 2026
- Pooled vehicle clients · 29 to 27Apr 30, 2025 to Mar 31, 2026
- Employees · 61 to 49Apr 30, 2025 to Mar 31, 2026
- Private funds · 26 to 24Apr 30, 2025 to Mar 31, 2026
- Discretionary RAUM · $828M to $781MApr 30, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $828M to $781MApr 30, 2025 to Mar 31, 2026
- RAUM · $828M to $781MApr 30, 2025 to Mar 31, 2026
- Accounts · 32 to 29Jul 22, 2024 to Apr 30, 2025
- Pooled vehicle clients · 32 to 29Jul 22, 2024 to Apr 30, 2025
- Employees · 63 to 61Jul 22, 2024 to Apr 30, 2025
- Financial planning clients · unset to Jul 22, 2024 to Apr 30, 2025
- Private funds · 29 to 26Jul 22, 2024 to Apr 30, 2025
- Discretionary RAUM · $928M to $828MJul 22, 2024 to Apr 30, 2025
- Pooled vehicle RAUM · $928M to $828MJul 22, 2024 to Apr 30, 2025
- RAUM · $928M to $828MJul 22, 2024 to Apr 30, 2025
- Discretionary RAUM · $963M to $928MMar 29, 2024 to May 17, 2024
- Pooled vehicle RAUM · $963M to $928MMar 29, 2024 to May 17, 2024
- RAUM · $963M to $928MMar 29, 2024 to May 17, 2024
- Accounts · 38 to 32May 8, 2023 to Mar 29, 2024
- Advisory employees · 42 to 35May 8, 2023 to Mar 29, 2024
- Pooled vehicle clients · 38 to 32May 8, 2023 to Mar 29, 2024
- Employees · 66 to 63May 8, 2023 to Mar 29, 2024
- Private funds · 36 to 29May 8, 2023 to Mar 29, 2024
- Discretionary RAUM · $1000M to $963MMay 8, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $1000M to $963MMay 8, 2023 to Mar 29, 2024
- RAUM · $1000M to $963MMay 8, 2023 to Mar 29, 2024
- Discretionary RAUM · $977M to $1000MMar 31, 2023 to May 8, 2023
- Pooled vehicle RAUM · $977M to $1000MMar 31, 2023 to May 8, 2023
- RAUM · $977M to $1000MMar 31, 2023 to May 8, 2023
- Accounts · 39 to 38Jan 23, 2023 to Mar 31, 2023
- Advisory employees · 29 to 42Jan 23, 2023 to Mar 31, 2023
- Pooled vehicle clients · 39 to 38Jan 23, 2023 to Mar 31, 2023
- Employees · 62 to 66Jan 23, 2023 to Mar 31, 2023
- Other offices · 1 to 0Jan 23, 2023 to Mar 31, 2023
- Private funds · 37 to 36Jan 23, 2023 to Mar 31, 2023
- Discretionary RAUM · $1.1B to $977MJan 23, 2023 to Mar 31, 2023
Signals
12 dated events
- Cheryll Mcmurray (Interim Chief Financial Officer) appeared on Schedule A of H••••• L••May 17, 2024 · Control person joined · fact
- L••••• S•••••• (Chief Financial Officer) no longer on Schedule A of H••••• L•• (listed 2024-03-29, absent 2024-05-17)May 17, 2024 · Control person left · inference
- S. Mark Rosen (Chief Legal Officer) appeared on Schedule A of H••••• L••Mar 31, 2022 · Control person joined · fact
- L••••• S•••••• (Chief Financial Officer) appeared on Schedule A of H••••• L••Mar 31, 2022 · Control person joined · fact
- H••••• L•• reported RAUM $1.0B, up 28% from $789.2M (2021-03-30 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- H••••• L•• reported RAUM $789.2M, down 47% from $1.5B (2020-06-19 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- B•••••• D••••• (Chief Compliance Officer) appeared on Schedule A of H••••• L••Jun 19, 2020 · Control person joined · fact
- S. Mark Rosen (Manager And Cco) no longer on Schedule A of H••••• L•• (listed 2020-03-30, absent 2020-06-19)Jun 19, 2020 · Control person left · inference
- H••••• L•• reported RAUM $1.5B, down 25% from $2.0B (2019-12-11 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- H••••• L•• reported RAUM $2.0B, up 131% from $861.6M (2019-09-30 to 2019-12-11)Dec 11, 2019 · RAUM change · derived
- S. Mark Rosen (Manager And Cco) appeared on Schedule A of H••••• L••Sep 27, 2019 · Control person joined · fact
- H••••• L•• reported RAUM $868.0M, down 28% from $1.2B (2017-03-31 to 2018-03-30)Mar 30, 2018 · RAUM change · derived
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/122849reportedpublic record, Form ADV, Sep 18, 2026
- Website
- H••••••••RE.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 973-292-9595reportedpublic record, Form ADV, Jun 25, 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
- $726Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
H••••• L•• 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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