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

B••••••••• I•••••••••

Wealth manager with institutional or fund businessZurich, CRD 158348SEC 801-72584websiteIAPD
Legal name B••••••••• I••••••••• A•
Latest filing Mar 25, 2026
First filing on the tape Mar 30, 2012 · 30 filings
SEC status approved since Jul 11, 2011
RAUM
$2.0B
reported, Item 5.F
Discretionary
91%
of RAUM
Private clients
31%
$604M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$490M
derived; firm RAUM over IAPD count
Employees
18
11 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$2.0B as of Mar 25, 2026
Mar 30, 2012$3.2M then
HNW client RAUM$584M as of Mar 25, 2026
Mar 8, 2018$157M then
State-registered IARs (5.B.3)5 as of Mar 25, 2026
Mar 30, 20120 then
Employees (5.A)18 as of Mar 25, 2026
Mar 12, 20135 then
Private funds1 as of Mar 25, 2026
Mar 17, 20201 then
RAUM +12% over the last fiscal year+16% a year over threeIARs 6 to 5
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
RAUM per advisor
$490MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
39derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.2MderivedHNW RAUM over HNW clients
Average account
$5.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
91%derivedof RAUM
Institutional
1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.5derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
-17%derivedItem 5.B.3 between annual amendments
Client growth, one year
-21%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, publicationsreportedItem 5.G
Custody
$68.0M, 48 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$611M47%
  • High-net-worth individuals$584M45%
  • Pooled investment vehicles$68.0M5.2%
  • Individuals$20.2M1.6%
  • Insurance companies$16.2M1.2%
  • Pension and profit-sharing plans$5.7M0.4%
Individual clients
45reported
HNW clients
112reported
Pension plan clients
1reported
Charitable clients
0reported
Accounts
359reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$68.0M for 48 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.31 fund_share=0.03 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••••• N•• E•••••ZurichAug 31, 201115 y0
C••••• M•••••• C•••••Chartered Financial AnalystZurichMar 5, 201338 y0
J••••• R••• V•••••Certified Financial PlannerZurichSep 6, 202420 y0
I••• S•••••••Certified Financial PlannerZurichDec 16, 20259 y0
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B•••• C••• E••••• E•••• M••••• F••• L•••Hedge Fund$68.0M1Mar 17, 2020
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••• C•••••• M•••••• · Senior Advisor And Board Membercontrol
        since 01/2014 · owns less than 5%
      • E•••••• M•••••• N•• · Chairman Of The Boardcontrol
        since 06/2011 · owns less than 5%
      • F•••• T•••••• A••••• · Chief Executive Officercontrol
        since 07/2024 · owns less than 5%
      • F•••••• E••••••• B••••• R••••• · Chief Compliance Officercontrol
        since 10/2024 · owns less than 5%
      • B•••• B•••• N•• · Directorcontrol
        since 10/2011 · owns 25% to 50% of B••••••••• H•••••• A•
      • E••••••••• B••••••• · Portfolio Manager
        since 05/2018 · owns less than 5%
      • K••••••• P••••• · Senior Advisor Officer
        since 05/2018 · owns less than 5%
      • S•••••••• J••••••• W••••• · Senior Advisor Manager
        since 06/2017 · owns less than 5%
      • V•••••• J•••••• R••• · Senior Advisor And Deputy Ceo
        since 05/2012 · owns less than 5%
      Entity owners
      • B••••••••• H•••••• A• · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • B••••••••• A•
        investment advisern
      • B••••••••• U• L•••
        investment advisern
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      3 against comparable advisers; where to look, not conclusions
      • clients down average size upCombination · filing Mar 25, 2026
        private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $1,755,715,712 to $1,960,886,210, advisors 6 to 5, private clients 198 to 157, offices 0 to 0 (2025-03-14 to 2026-03-25)
        peers: independent wealth managers, $1B to $5B (1,362)
      • control person changedChange between filings · filing Mar 25, 2026
        B•••• B•••• N•• (DIRECTOR) left Schedule A between the filings of 2024-10-03 and 2026-03-25
        peers: independent wealth managers, $1B to $5B (1,362)
      • control person changedChange between filings · filing Mar 25, 2026
        F•••••• E••••••• B••••• R••••• (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-10-03 and 2026-03-25
        peers: independent wealth managers, $1B to $5B (1,362)
      What changed
      consecutive filings, newest first
      • Accounts · 335 to 359
        Nov 18, 2025 to Mar 25, 2026
      • Advisory activities · 3 to 4
        Nov 18, 2025 to Mar 25, 2026
      • Corporate clients · 56 to 48
        Nov 18, 2025 to Mar 25, 2026
      • HNW clients · 106 to 112
        Nov 18, 2025 to Mar 25, 2026
      • Individual clients · 92 to 45
        Nov 18, 2025 to Mar 25, 2026
      • Pooled vehicle clients · 0 to 1
        Nov 18, 2025 to Mar 25, 2026
      • Assets in custody · $67.0M to $68.0M
        Nov 18, 2025 to Mar 25, 2026
      • State-registered IARs · 6 to 5
        Nov 18, 2025 to Mar 25, 2026
      • Discretionary RAUM · $1.6B to $1.8B
        Nov 18, 2025 to Mar 25, 2026
      • HNW RAUM · $498M to $584M
        Nov 18, 2025 to Mar 25, 2026
      • Individual RAUM · $34.0M to $20.2M
        Nov 18, 2025 to Mar 25, 2026
      • Non-discretionary RAUM · $153M to $172M
        Nov 18, 2025 to Mar 25, 2026
      • Pension RAUM · $5.2M to $5.7M
        Nov 18, 2025 to Mar 25, 2026
      • Pooled vehicle RAUM · $0 to $68.0M
        Nov 18, 2025 to Mar 25, 2026
      • RAUM · $1.8B to $2.0B
        Nov 18, 2025 to Mar 25, 2026
      • Assets in custody · unset to 67032193.0
        Jul 16, 2025 to Nov 18, 2025
      • Custody of client assets · false to true
        Jul 16, 2025 to Nov 18, 2025
      • Financial planning clients · unset to
        Mar 14, 2025 to Jul 16, 2025
      • Accounts · 349 to 335
        Oct 3, 2024 to Mar 14, 2025
      • Advisory employees · 9 to 11
        Oct 3, 2024 to Mar 14, 2025
      • Charity clients · unset to 0.0
        Oct 3, 2024 to Mar 14, 2025
      • Corporate clients · 40 to 56
        Oct 3, 2024 to Mar 14, 2025
      • HNW clients · 91 to 106
        Oct 3, 2024 to Mar 14, 2025
      • Individual clients · 76 to 92
        Oct 3, 2024 to Mar 14, 2025
      • Pension plan clients · unset to 1.0
        Oct 3, 2024 to Mar 14, 2025
      • Employees · 15 to 18
        Oct 3, 2024 to Mar 14, 2025
      • HQ state · unset to
        Oct 3, 2024 to Mar 14, 2025
      • Discretionary RAUM · $1.5B to $1.6B
        Oct 3, 2024 to Mar 14, 2025
      • HNW RAUM · $473M to $498M
        Oct 3, 2024 to Mar 14, 2025
      • Individual RAUM · $37.5M to $34.0M
        Oct 3, 2024 to Mar 14, 2025
      • Non-discretionary RAUM · $134M to $153M
        Oct 3, 2024 to Mar 14, 2025
      • Pension RAUM · $7.0M to $5.2M
        Oct 3, 2024 to Mar 14, 2025
      • Pooled vehicle RAUM · unset to 0.0
        Oct 3, 2024 to Mar 14, 2025
      • RAUM · $1.6B to $1.8B
        Oct 3, 2024 to Mar 14, 2025
      • Accounts · 345 to 349
        Mar 28, 2023 to Mar 19, 2024
      • Advisory employees · 8 to 9
        Mar 28, 2023 to Mar 19, 2024
      • Corporate clients · 48 to 40
        Mar 28, 2023 to Mar 19, 2024
      • HNW clients · 94 to 91
        Mar 28, 2023 to Mar 19, 2024
      • Individual clients · 109 to 76
        Mar 28, 2023 to Mar 19, 2024
      • Employees · 13 to 15
        Mar 28, 2023 to Mar 19, 2024
      Signals
      8 dated events
      • Valentina Schwarz (Chief Compliance Officer) no longer on Schedule A of B••••••••• I••••••••• (listed 2024-03-21, absent 2024-10-03)
        Oct 3, 2024 · Control person left · inference
      • Raquel Fonseca Elizardo Brito (Chief Compliance Officer) appeared on Schedule A of B••••••••• I•••••••••
        Oct 3, 2024 · Control person joined · fact
      • Arthur Tobias Faes (Chief Executive Officer) appeared on Schedule A of B••••••••• I•••••••••
        Oct 3, 2024 · Control person joined · fact
      • Valentina Schwarz (Chief Compliance Officer) appeared on Schedule A of B••••••••• I•••••••••
        Mar 19, 2024 · Control person joined · fact
      • Walter Werner Diehl (Director) no longer on Schedule A of B••••••••• I••••••••• (listed 2023-03-28, absent 2024-03-19)
        Mar 19, 2024 · Control person left · inference
      • Walter Michael Rosendahl (Chief Compliance Officer) no longer on Schedule A of B••••••••• I••••••••• (listed 2023-03-28, absent 2024-03-19)
        Mar 19, 2024 · Control person left · inference
      • B••••••••• I••••••••• reported RAUM $1.6B, up 28% from $1.2B (2023-03-28 to 2024-03-19)
        Mar 19, 2024 · RAUM change · derived
      • B••••••••• I••••••••• reported RAUM $874.8M, up 31% from $668.3M (2019-03-19 to 2020-03-17)
        Mar 17, 2020 · 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
      Website
      B•••••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      41 44 268 11 70reportedpublic record, Form ADV, Mar 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
      Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $490Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026