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
S••• P••••• G••••• L••
Latest filing May 12, 2026
First filing on the tape Feb 14, 2012 · 25 filings
SEC status approved since Mar 30, 2012
RAUM
$777M
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
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
10
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$777M as of May 12, 2026
Mar 26, 2013$1.4B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 12, 2026
Mar 26, 20130 then
Employees (5.A)2 as of May 12, 2026
Mar 26, 201313 then
Private funds10 as of May 12, 2026
Mar 26, 20139 then
RAUM -47% over the last fiscal year-24% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 12, 2026; 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
- $77.7MderivedRAUM 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
- -47%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-based, otherreportedItem 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$777M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 10reported
- 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=true 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
11 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| S••• P••••• I••• L••• | Private Equity Fund | $811M | 57 | Mar 29, 2016 |
| S••• P••••• I• A••• L••• | Private Equity Fund | $288M | 81 | Feb 14, 2012 |
| S••• P••••• G•••• A••• L••• | Private Equity Fund | $262M | 86 | Feb 14, 2012 |
| S••• P••••• I•• L••• | Private Equity Fund | $139M | 90 | Feb 14, 2012 |
| S••• P••••• G••••• L••• | Private Equity Fund | $70.5M | 87 | Feb 14, 2012 |
| S••• P••••• G•••• ••••• L••• | Private Equity Fund | $17.2M | 4 | Feb 14, 2012 |
| S••• P••••• G•••• A•• ••••••••• L••• | Private Equity Fund | $6.0M | 3 | Feb 14, 2012 |
| S••• P••••• I•• A••• L• | Private Equity Fund | $4.0M | 51 | Mar 30, 2017 |
| S••• P••••• G•••• ••••••••• L••• | Private Equity Fund | $2.3M | 6 | Feb 14, 2012 |
| S••• P••••• G•••• ••• L••• | Private Equity Fund | $2.1M | 3 | Feb 14, 2012 |
| S•• C••••••••• L••• | Private Equity Fund | $1.4M | 9 | Feb 14, 2012 |
Owners and control persons
Schedule A and B, latest filing
- D••••••• J•••••••• S•••• · Chief Finanical Officercontrolsince 02/2023 · owns less than 5%
- P••••••••• A••••• · Chief Compliance Officercontrolsince 09/2021 · owns less than 5%
- P•••••• O•••• · Managing Directorcontrolsince 04/2005 · owns less than 5%
- S•••• I••• K•••••• · Ceocontrolsince 04/2005 · owns less than 5%
- S•••• I••• K•••••• · Membercontrolsince 05/2010 · owns 75% or more of S••• M••••••••• C• L••
- M•••••• A•••• H••••• · Membersince 05/2021 · owns 10% to 25%
- P••••• J•••• A•••••• · Membersince 05/2021 · owns 10% to 25%
Entity owners
- S••• M••••••••• C• L•• · Managing Memberdirect · owns 25% to 50%
- B••••••• T•••• C••••••• N••• · Trustee Of O•••• P••••• I• R•••••••• T•••• D•••• 0•••••••••direct · owns less than 5%
- O•••• P••••• I• R•••••••• T•••• D•••• 0••••••••• · Memberdirect · owns 10% to 25%
- B••••••• G••••• I••• · Shareholderindirect · owns 75% or more of B••••••• T•••• C••••••• N•••
Related persons
Schedule D 7.A
- S••• P••••• G• I•• L••pooled vehicle sponsorn
- S••• P••••• G• I••• L••bankpooled vehicle sponsorn
- S•• G•• L••pooled vehicle sponsorn
- T••••• P•••••••• L•investment adviserbanknRAUM $4.0B
Advisers that list S••• P••••• G••••• L•• as a related person
- 312288 n
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM down 25 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $1,462,499,340 to $777,050,095 (-47.0%) between the annual amendments of 2025-04-29 and 2026-03-31; the peer median change was +8.0% (673 comparable advisers, 1.0th percentile of changes)peers: asset managers, $500M to $1B (673) · 1.0% percentile
What changed
consecutive filings, newest first
- Accounts · 11 to 10Sep 18, 2025 to Mar 31, 2026
- Pooled vehicle clients · 11 to 10Sep 18, 2025 to Mar 31, 2026
- Private funds · 11 to 10Sep 18, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.5B to $777MSep 18, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $1.5B to $777MSep 18, 2025 to Mar 31, 2026
- RAUM · $1.5B to $777MSep 18, 2025 to Mar 31, 2026
- Financial planning clients · unset to Mar 29, 2024 to Apr 29, 2025
- Discretionary RAUM · $1.6B to $1.5BMar 29, 2024 to Apr 29, 2025
- Pooled vehicle RAUM · $1.6B to $1.5BMar 29, 2024 to Apr 29, 2025
- RAUM · $1.6B to $1.5BMar 29, 2024 to Apr 29, 2025
- Discretionary RAUM · $1.7B to $1.6BMay 1, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $1.7B to $1.6BMay 1, 2023 to Mar 29, 2024
- RAUM · $1.7B to $1.6BMay 1, 2023 to Mar 29, 2024
- Discretionary RAUM · $1.8B to $1.7BFeb 16, 2023 to Mar 31, 2023
- Pooled vehicle RAUM · $1.8B to $1.7BFeb 16, 2023 to Mar 31, 2023
- RAUM · $1.8B to $1.7BFeb 16, 2023 to Mar 31, 2023
- Advisory employees · 15 to 2Oct 5, 2021 to Mar 30, 2022
- Employees · 18 to 2Oct 5, 2021 to Mar 30, 2022
- Discretionary RAUM · $1.9B to $1.8BOct 5, 2021 to Mar 30, 2022
- Pooled vehicle RAUM · $1.9B to $1.8BOct 5, 2021 to Mar 30, 2022
- RAUM · $1.9B to $1.8BOct 5, 2021 to Mar 30, 2022
- Advisory employees · 13 to 15Oct 29, 2020 to Mar 30, 2021
- Employees · 16 to 18Oct 29, 2020 to Mar 30, 2021
- Discretionary RAUM · $1.9B to $1.9BOct 29, 2020 to Mar 30, 2021
- Pooled vehicle RAUM · $1.9B to $1.9BOct 29, 2020 to Mar 30, 2021
- RAUM · $1.9B to $1.9BOct 29, 2020 to Mar 30, 2021
- Related adviser · false to trueOct 29, 2020 to Mar 30, 2021
- Advisory employees · 14 to 13Mar 28, 2019 to Mar 28, 2020
- Employees · 18 to 16Mar 28, 2019 to Mar 28, 2020
- Other offices · 1 to 0Mar 28, 2019 to Mar 28, 2020
- Discretionary RAUM · $1.9B to $1.9BMar 28, 2019 to Mar 28, 2020
- Pooled vehicle RAUM · $1.9B to $1.9BMar 28, 2019 to Mar 28, 2020
- RAUM · $1.9B to $1.9BMar 28, 2019 to Mar 28, 2020
- Advisory employees · 15 to 14Mar 27, 2018 to Mar 28, 2019
- Employees · 17 to 18Mar 27, 2018 to Mar 28, 2019
- Discretionary RAUM · $1.9B to $1.9BMar 27, 2018 to Mar 28, 2019
- Pooled vehicle RAUM · $1.9B to $1.9BMar 27, 2018 to Mar 28, 2019
- RAUM · $1.9B to $1.9BMar 27, 2018 to Mar 28, 2019
- Advisory employees · 13 to 15Mar 30, 2017 to Mar 27, 2018
- Charity clients · unset to 0.0Mar 30, 2017 to Mar 27, 2018
Signals
6 dated events
- S••• P••••• G••••• L•• reported RAUM $777.1M, down 47% from $1.5B (2025-09-18 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- E Steven Schwinger (Chief Financial Officer) no longer on Schedule A of S••• P••••• G••••• L•• (listed 2022-03-30, absent 2023-02-16)Feb 16, 2023 · Control person left · inference
- Scott Jonathan Dworkin (Chief Finanical Officer) appeared on Schedule A of S••• P••••• G••••• L••Feb 16, 2023 · Control person joined · fact
- A••••• P••••••••• (Chief Compliance Officer) appeared on Schedule A of S••• P••••• G••••• L••Oct 5, 2021 · Control person joined · fact
- Jean Colleen Marencik (Chief Compliance Officer) no longer on Schedule A of S••• P••••• G••••• L•• (listed 2021-03-30, absent 2021-07-27)Jul 27, 2021 · Control person left · inference
- Jean Colleen Marencik (Chief Compliance Officer) appeared on Schedule A of S••• P••••• G••••• L••Oct 29, 2020 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
- S••• P••••• G••••• L•• · Independent Sponsorsshared crd · capital_provider
- S••• P••••• G••••• L•• · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/snowphippsreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 212-508-3300reportedpublic record, Form ADV, May 12, 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