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

H•••• H•• I• L••

Former SEC-registered adviserMorristown, New JerseyCRD 157866SEC 801-72859IAPD
Latest filing Sep 30, 2019
First filing on the tape Mar 30, 2012 · 15 filings
RAUM
$891M
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
62
26 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
3
$891M gross assets
History
15 filings and snapshots on the tape
RAUM$891M as of Mar 29, 2019
Mar 30, 2012$191M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 29, 2019
Mar 30, 20120 then
Employees (5.A)62 as of Mar 29, 2019
Mar 27, 201343 then
Private funds3 as of Mar 29, 2019
Mar 30, 20121 then
RAUM -1.3% over the last fiscal year+13% a year over threeIARs 1 to 0
Practice profile
derived from the filing of Sep 30, 2019; 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
$297MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-1.3%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 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
$891M, 3 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
  • 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
  • Pooled investment vehicles$891M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$891M for 3 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
      • H•••••• J••••• E• · Managercontrol
        since 04/2003 · owns less than 5%
      • R••••• M•••• S• · Manager And Ccocontrol
        since 04/2003 · owns less than 5%
      • H•••••• J••••• E• · Managing Member/ Ceocontrol
        since 10/2005 · owns 50% to 75% of D••••• A••••• A••••••••• L•
      Entity owners
      • T•• H•••••••• C••••••••• L•• · Sole Owner
        direct · owns 50% to 75%
      • D••••• A••••• A••••••••• L• · Owner
        indirect · owns 50% to 75% of T•• H•••••••• C••••••••• L••
      Related persons
      Schedule D 7.A
      Advisers that list H•••• H•• I• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Morristown, NJ26 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 29 to 26
        Mar 29, 2018 to Mar 29, 2019
      • Assets in custody · $903M to $891M
        Mar 29, 2018 to Mar 29, 2019
      • Employees · 58 to 62
        Mar 29, 2018 to Mar 29, 2019
      • State-registered IARs · 1 to 0
        Mar 29, 2018 to Mar 29, 2019
      • Discretionary RAUM · $903M to $891M
        Mar 29, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $903M to $891M
        Mar 29, 2018 to Mar 29, 2019
      • RAUM · $903M to $891M
        Mar 29, 2018 to Mar 29, 2019
      • Advisory employees · 28 to 29
        Mar 30, 2017 to Mar 29, 2018
      • Pooled vehicle clients · unset to 3.0
        Mar 30, 2017 to Mar 29, 2018
      • Assets in custody · $909M to $903M
        Mar 30, 2017 to Mar 29, 2018
      • Employees · 65 to 58
        Mar 30, 2017 to Mar 29, 2018
      • Other offices · unset to 1.0
        Mar 30, 2017 to Mar 29, 2018
      • Private funds · 2 to 3
        Mar 30, 2017 to Mar 29, 2018
      • Discretionary RAUM · $909M to $903M
        Mar 30, 2017 to Mar 29, 2018
      • Pooled vehicle RAUM · unset to 902703251.0
        Mar 30, 2017 to Mar 29, 2018
      • RAUM · $909M to $903M
        Mar 30, 2017 to Mar 29, 2018
      • Accounts · 2 to 3
        May 24, 2016 to Mar 30, 2017
      • Advisory employees · 26 to 28
        May 24, 2016 to Mar 30, 2017
      • Assets in custody · $501M to $909M
        May 24, 2016 to Mar 30, 2017
      • Employees · 69 to 65
        May 24, 2016 to Mar 30, 2017
      • State-registered IARs · 2 to 1
        May 24, 2016 to Mar 30, 2017
      • Discretionary RAUM · $622M to $909M
        May 24, 2016 to Mar 30, 2017
      • RAUM · $622M to $909M
        May 24, 2016 to Mar 30, 2017
      • Accounts · 1 to 2
        Jan 11, 2016 to Mar 24, 2016
      • Advisory employees · 28 to 26
        Jan 11, 2016 to Mar 24, 2016
      • Employees · 57 to 69
        Jan 11, 2016 to Mar 24, 2016
      • State-registered IARs · 1 to 2
        Jan 11, 2016 to Mar 24, 2016
      • Private funds · 1 to 2
        Jan 11, 2016 to Mar 24, 2016
      • Discretionary RAUM · $501M to $622M
        Jan 11, 2016 to Mar 24, 2016
      • RAUM · $501M to $622M
        Jan 11, 2016 to Mar 24, 2016
      • Advisory employees · 27 to 28
        Jun 13, 2014 to Mar 25, 2015
      • Assets in custody · $406M to $501M
        Jun 13, 2014 to Mar 25, 2015
      • Employees · 53 to 57
        Jun 13, 2014 to Mar 25, 2015
      • Discretionary RAUM · $406M to $501M
        Jun 13, 2014 to Mar 25, 2015
      • RAUM · $406M to $501M
        Jun 13, 2014 to Mar 25, 2015
      • Advisory employees · 22 to 27
        May 10, 2013 to Mar 28, 2014
      • Assets in custody · $263M to $406M
        May 10, 2013 to Mar 28, 2014
      • Employees · 43 to 53
        May 10, 2013 to Mar 28, 2014
      • State-registered IARs · 0 to 1
        May 10, 2013 to Mar 28, 2014
      • Discretionary RAUM · $263M to $406M
        May 10, 2013 to Mar 28, 2014
      Signals
      1 dated events
      • S. Mark Rosen (Manager And Cco) appeared on Schedule A of H•••• H•• I• L••
        Sep 27, 2019 · Control person joined · fact
      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
      Across the graphs

      H•••• H•• I• 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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