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•• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 158704SEC 801-73122websiteIAPD
Latest filing Apr 2, 2025
First filing on the tape Jan 31, 2012 · 21 filings
SEC status approved since Feb 14, 2012
RAUM
$75.4M
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
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$75.4M as of Apr 2, 2025
Feb 1, 2013$46.0M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 2, 2025
Feb 1, 20130 then
Employees (5.A)3 as of Apr 2, 2025
Feb 1, 20136 then
Private funds1 as of Apr 2, 2025
Feb 1, 20133 then
RAUM -73% over the last fiscal year-45% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 2, 2025; 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
$25.1MderivedRAUM 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
-73%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$75.4M, 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 discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$75.4M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$75.4M for 3 clientsreported
Compensation
% of AUM, fixed, 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
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
      5 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S•• V•••••• I••••• F•••• L•no longer reportedOther Private Fund$21.8M202Mar 30, 2016
      S•• P•••••••• A••••••••• C••••••• L••Other Private Fund$10.9M73Apr 2, 2019
      S•• S•••••• O••••••••• F•••• L••Other Private Fund$10.4M86Jan 31, 2012
      S•• A••••••••• I••••••••• F••• I• L••no longer reportedOther Private Fund$7.0M87Jan 31, 2012
      S•• A••••••••• I••••••••• F••• I•• L••no longer reportedOther Private Fund$6.9M94Jan 31, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • R••••••• N•••• A•••••• · Chairmancontrol
        since 12/2007 · owns 25% to 50%
      • S••••••••• J•••••••• J••• · Partner / President / Chief Executive Officer / Ccocontrol
        since 12/2007 · owns less than 5%
      • S••••••••• J•••••••• J••• · Shareholdercontrol
        since 01/2006 · owns 50% to 75% of S•• C•••••• C•••••••••
      • M••••••••• M••••••• N•• · Partner
        since 12/2007 · owns less than 5%
      • D••••••••• B••••••• M•••••• · Shareholder
        since 01/2006 · owns 25% to 50% of S•• C•••••• C•••••••••
      Entity owners
      • S•• C•••••• P•••••••• L•• · Managing Member
        direct · owns 75% or more
      • S•• C•••••• C••••••••• · Managing Member
        indirect · owns 75% or more of S•• C•••••• P•••••••• L••
      Related persons
      Schedule D 7.A
      • S•• A•• I•• G•• L••
        pooled vehicle sponsory
      • S•• A•• I• G•• L••
        pooled vehicle sponsory
      • S•• C•••••• M••••••••• ••••••••• L••
        investment advisery
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • discretionary share shiftChange between filings · filing Apr 2, 2025
        discretionary share of RAUM moved from 31.0% to 100.0% between the annual amendments of 2024-03-29 and 2025-04-02
        peers: asset managers, under $100M (329)
      What changed
      consecutive filings, newest first
      • Accounts · 8 to 3
        Mar 29, 2024 to Apr 2, 2025
      • Advisory employees · 3 to 1
        Mar 29, 2024 to Apr 2, 2025
      • Advisory activities · 2 to 1
        Mar 29, 2024 to Apr 2, 2025
      • Pooled vehicle clients · 8 to 3
        Mar 29, 2024 to Apr 2, 2025
      • Assets in custody · $87.1M to $75.4M
        Mar 29, 2024 to Apr 2, 2025
      • Employees · 5 to 3
        Mar 29, 2024 to Apr 2, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Apr 2, 2025
      • Private funds · 2 to 1
        Mar 29, 2024 to Apr 2, 2025
      • Discretionary RAUM · $87.1M to $75.4M
        Mar 29, 2024 to Apr 2, 2025
      • Non-discretionary RAUM · $195M to $0
        Mar 29, 2024 to Apr 2, 2025
      • Pooled vehicle RAUM · $282M to $75.4M
        Mar 29, 2024 to Apr 2, 2025
      • RAUM · $282M to $75.4M
        Mar 29, 2024 to Apr 2, 2025
      • Related adviser · true to false
        Mar 29, 2024 to Apr 2, 2025
      • Accounts · 10 to 8
        Mar 29, 2023 to Mar 29, 2024
      • Advisory employees · 6 to 3
        Mar 29, 2023 to Mar 29, 2024
      • Assets in custody · $93.6M to $87.1M
        Mar 29, 2023 to Mar 29, 2024
      • Employees · 9 to 5
        Mar 29, 2023 to Mar 29, 2024
      • Discretionary RAUM · $93.6M to $87.1M
        Mar 29, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $321M to $195M
        Mar 29, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $289M to $282M
        Mar 29, 2023 to Mar 29, 2024
      • RAUM · $415M to $282M
        Mar 29, 2023 to Mar 29, 2024
      • Accounts · 11 to 10
        Nov 10, 2022 to Mar 29, 2023
      • Pooled vehicle clients · 9 to 8
        Nov 10, 2022 to Mar 29, 2023
      • Non-discretionary RAUM · $371M to $321M
        Nov 10, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $339M to $289M
        Nov 10, 2022 to Mar 29, 2023
      • RAUM · $465M to $415M
        Nov 10, 2022 to Mar 29, 2023
      • Accounts · 12 to 11
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 8 to 9
        Mar 31, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $341M to $371M
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $309M to $339M
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $435M to $465M
        Mar 31, 2021 to Mar 31, 2022
      • Accounts · 14 to 12
        May 16, 2020 to Mar 31, 2021
      • Advisory employees · 5 to 6
        May 16, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 10 to 8
        May 16, 2020 to Mar 31, 2021
      • Assets in custody · $97.3M to $93.6M
        May 16, 2020 to Mar 31, 2021
      • Employees · 8 to 9
        May 16, 2020 to Mar 31, 2021
      • Discretionary RAUM · $636M to $93.6M
        May 16, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $283M to $341M
        May 16, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $852M to $309M
        May 16, 2020 to Mar 31, 2021
      • RAUM · $919M to $435M
        May 16, 2020 to Mar 31, 2021
      Signals
      3 dated events
      • S•• C•••••• M••••••••• L•• reported RAUM $75.4M, down 73% from $282.1M (2024-03-29 to 2025-04-02)
        Apr 2, 2025 · RAUM change · derived
      • S•• C•••••• M••••••••• L•• reported RAUM $282.1M, down 32% from $414.6M (2023-03-29 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • S•• C•••••• M••••••••• L•• reported RAUM $434.6M, down 53% from $918.7M (2020-05-16 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      w••.s•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      (212) 422-2166reportedpublic record, Form ADV, Apr 2, 2025
      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