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

T••••• C•••••• M••••••••• L••

Former SEC-registered adviserMontclair, New JerseyCRD 158866SEC 801-74060websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Feb 14, 2012 · 29 filings
SEC status approved since Mar 27, 2012
RAUM
$318M
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
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$318M as of Mar 30, 2026
Apr 3, 2013$132M then
HNW client RAUM$0 as of Mar 30, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Apr 3, 20130 then
Employees (5.A)3 as of Mar 30, 2026
Apr 3, 20136 then
Private funds4 as of Mar 30, 2026
Apr 3, 20134 then
RAUM -22% over the last fiscal year-19% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$79.4MderivedRAUM 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
-22%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
Custody
yesreportedItem 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)
  • 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$318M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 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
      12 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      T••••• O••••••••• V• L•Private Equity Fund$191M31Mar 30, 2016
      T••••• C•••••• E••••• F••• I•• L•Private Equity Fund$103M13Mar 30, 2018
      P••••• T••••• L•••no longer reportedHedge Fund$33.9M6Feb 14, 2012
      T•• S••••••• L•Private Equity Fund$24.6M3Mar 31, 2021
      T••••• C•••••• E••••• F••• I• U•• L•Private Equity Fund$22.8M1Mar 30, 2018
      T••••• O••••••••• I••• L•no longer reportedPrivate Equity Fund$1.2M47Mar 21, 2014
      T••••• M••••• F•••• L•••no longer reportedHedge Fund$1.0M3Feb 14, 2012
      T••••• I••••••••• F•••• L•••no longer reportedHedge Fund$56,0006Feb 14, 2012
      T••••• F•••• L•no longer reportedHedge Fund$00Feb 14, 2012
      T••••• R••• A•••• M••••• F••• L•••no longer reportedHedge Fund$00Nov 9, 2015
      T••••• O••••••••• I•• L•no longer reportedPrivate Equity Fund$00Mar 31, 2015
      T••••• O••••••••• I•• L•no longer reportedPrivate Equity Fund$00Sep 4, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••• A•••••• R••••• · Member, Senior Managing Directorcontrol
        since 03/2010 · owns 25% to 50%
      • O•••••• S•••••• M••• · Chief Financial Officer / Chief Compliance Officercontrol
        since 07/2014 · owns less than 5%
      • Z•••••• D••••• M••••• · Managing Member, Chief Investment Officercontrol
        since 03/2010 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • T••••• C•••••• E••••• G• I• U•• L••
        pooled vehicle sponsorn
      • T••••• C•••••• E••••• G• I•• L••
        pooled vehicle sponsorn
      • T••••• O••••••••• V• G•• L••
        pooled vehicle sponsorn
      • T•• S•••••• G•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 3 to 2
        May 20, 2025 to Mar 30, 2026
      • Employees · 4 to 3
        May 20, 2025 to Mar 30, 2026
      • Discretionary RAUM · $408M to $318M
        May 20, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $408M to $318M
        May 20, 2025 to Mar 30, 2026
      • RAUM · $408M to $318M
        May 20, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to May 20, 2025
      • Discretionary RAUM · $428M to $408M
        May 14, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $428M to $408M
        May 14, 2024 to Mar 28, 2025
      • RAUM · $428M to $408M
        May 14, 2024 to Mar 28, 2025
      • Discretionary RAUM · $602M to $428M
        May 26, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $602M to $428M
        May 26, 2023 to Mar 28, 2024
      • RAUM · $602M to $428M
        May 26, 2023 to Mar 28, 2024
      • Private funds · 5 to 4
        Jun 29, 2022 to Mar 30, 2023
      • Discretionary RAUM · $466M to $602M
        Jun 29, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $466M to $602M
        Jun 29, 2022 to Mar 30, 2023
      • RAUM · $466M to $602M
        Jun 29, 2022 to Mar 30, 2023
      • Advisory employees · 4 to 3
        Sep 2, 2021 to Mar 31, 2022
      • Accounts · 6 to 4
        Sep 2, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 6 to 4
        Sep 2, 2021 to Mar 31, 2022
      • Employees · 6 to 4
        Sep 2, 2021 to Mar 31, 2022
      • Other offices · 1 to 0
        Sep 2, 2021 to Mar 31, 2022
      • Private funds · 6 to 5
        Sep 2, 2021 to Mar 31, 2022
      • Discretionary RAUM · $374M to $466M
        Sep 2, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $374M to $466M
        Sep 2, 2021 to Mar 31, 2022
      • RAUM · $374M to $466M
        Sep 2, 2021 to Mar 31, 2022
      • Accounts · 5 to 6
        May 19, 2020 to Mar 31, 2021
      • Advisory employees · 5 to 4
        May 19, 2020 to Mar 31, 2021
      • Charity clients · unset to 0.0
        May 19, 2020 to Mar 31, 2021
      • Corporate clients · unset to 0.0
        May 19, 2020 to Mar 31, 2021
      • HNW clients · unset to 0.0
        May 19, 2020 to Mar 31, 2021
      • Individual clients · unset to 0.0
        May 19, 2020 to Mar 31, 2021
      • Pension plan clients · unset to 0.0
        May 19, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 5 to 6
        May 19, 2020 to Mar 31, 2021
      • Employees · 7 to 6
        May 19, 2020 to Mar 31, 2021
      • Private funds · 5 to 6
        May 19, 2020 to Mar 31, 2021
      • Discretionary RAUM · $377M to $374M
        May 19, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $377M to $374M
        May 19, 2020 to Mar 31, 2021
      • RAUM · $377M to $374M
        May 19, 2020 to Mar 31, 2021
      • Discretionary RAUM · $486M to $377M
        Jun 20, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $486M to $377M
        Jun 20, 2019 to Mar 30, 2020
      Signals
      3 dated events
      • T••••• C•••••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2026-07-01, RAUM $317.6M)
        Aug 3, 2026 · Left the SEC roster · derived
      • T••••• C•••••• M••••••••• L•• reported RAUM $428.5M, down 29% from $601.6M (2023-05-26 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • T••••• C•••••• M••••••••• L•• reported RAUM $601.6M, up 29% from $465.5M (2022-06-29 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      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