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

P••••••• I••••••••• L••

Asset manager (funds and pooled vehicles)Kansas City, MissouriCRD 159261SEC 801-72953websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Dec 7, 2011 · 31 filings
SEC status approved since Jan 5, 2012
RAUM
$1.7B
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
38
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
28
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$1.7B as of Mar 31, 2026
Mar 25, 2013$208M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 25, 20132 then
Employees (5.A)38 as of Mar 31, 2026
Mar 25, 201316 then
Private funds28 as of Mar 31, 2026
Mar 25, 20135 then
RAUM -0.7% over the last fiscal year+8.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$59.2MderivedRAUM 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
-0.7%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$1.7B, 32 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.7B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
28reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.7B for 32 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
      46 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      P••••••• T•••• F••• I• L••Real Estate Fund$192M1Mar 31, 2023
      P••••••• V••••••• R••• E••••• S••••••••• V• L••Real Estate Fund$182M29Mar 27, 2020
      P• R•• V• V•• H••••••• I••••••••• L••Real Estate Fund$120M16Mar 31, 2022
      P• H••••• L•Real Estate Fund$104M22Mar 29, 2019
      M•••••• R••••••••• R••••••• F•••• L••Real Estate Fund$79.4M27Mar 30, 2015
      P• • V• L•••••• • F•• L••Real Estate Fund$64.4M80Mar 31, 2021
      M•••••• R••• E••••• P••••••• I•• L••Real Estate Fund$60.8M64Mar 30, 2015
      P••••••• V••••••• R••• E••••• S••••••••• V• B• L••Real Estate Fund$58.9M39Mar 27, 2020
      P••••••• I• Q••• H••••••• • R• I••••••••• L••Real Estate Fund$58.8M12Mar 27, 2020
      P••••••• R•• V• B•• C•••••••• I•• L••Real Estate Fund$45.1M7Mar 31, 2023
      M•••••• R••••••••• R••••••• F••• A• L••no longer reportedReal Estate Fund$44.1M84Mar 28, 2014
      P••••••• V••••••• O••••••••• Z••• F••• I• L•Real Estate Fund$42.8M81Mar 27, 2020
      B•••• 1•• L••Real Estate Fund$38.1M4Mar 31, 2022
      P• 1••• E••••••• F••• I••Real Estate Fund$33.4M47Mar 31, 2021
      B•••• 1•• H•••••••• L••Real Estate Fund$30.0M3Mar 29, 2024
      P••••••• I• Q••• H••••••• • S•••••• H••••••• L••Real Estate Fund$28.4M10Mar 27, 2020
      P••••••• R•• V• B•• C••••••••• L••Real Estate Fund$22.0M12Mar 31, 2023
      P••••••• V••••••• R••• E••••• S••••••••• V• A• L••Real Estate Fund$21.4M6Mar 27, 2020
      M••• B•• H•••••••• L••Real Estate Fund$20.4M40Mar 30, 2015
      M••• P••• 2•••• L••no longer reportedReal Estate Fund$15.4M66Mar 29, 2019
      R• 2••••• I••••••••• L•••no longer reportedReal Estate Fund$12.8M65Jun 6, 2016
      R• 2••••• I••••••••• L•••Real Estate Fund$12.6M39Jun 6, 2016
      P••••••• V••••••• O••••••••• Z••• F••• I• C• L•Real Estate Fund$11.9M30Mar 27, 2020
      P• 4••• P•••• I••••••••• L••Real Estate Fund$11.2M13Mar 27, 2020
      P••• R• 3••• W••••••• B••••••••• L••Real Estate Fund$11.0M51Mar 31, 2022
      P••••••• V••••••• O••••••••• Z••• F••• I• A• L•Real Estate Fund$8.4M30Mar 27, 2020
      2••• P••• P•••• H•••••••• L••no longer reportedReal Estate Fund$8.4M66Mar 27, 2020
      S•••••• R••••••• J•• L••Real Estate Fund$8.0M15Mar 31, 2021
      R• 2•••••• I••••••••• L•••Real Estate Fund$7.9M4Jun 6, 2016
      1••• X•••••• T•••• I•Real Estate Fund$5.9M17Mar 29, 2019
      M•••••• R••• E••••• P••••••• I• A• L••Real Estate Fund$5.8M68Mar 30, 2015
      P• S••••• V•• H•••••••• L••Real Estate Fund$5.2M9Mar 31, 2023
      P• R•• V• F•••••• L••Real Estate Fund$4.5M1Mar 31, 2022
      M•••••• R••• E••••• P•••••••• L••no longer reportedReal Estate Fund$4.4M84Dec 7, 2011
      P••••••• I• Q••• • S•••••• H•••••• I•• L•••Real Estate Fund$4.1M7Mar 31, 2021
      P••••••• O• G• I• L••Real Estate Fund$4.1M1Mar 27, 2020
      M••• W••••••••• L••Real Estate Fund$3.4M4Mar 31, 2017
      M•••••• R••• E••••• P••••••• I•• L••no longer reportedReal Estate Fund$2.8M38Dec 7, 2011
      M••• L••••• L••no longer reportedReal Estate Fund$2.2M64Mar 31, 2017
      M••• F•••••• I••••••••• L••Real Estate Fund$2.1M12Mar 29, 2016
      All funds of P••••••• I••••••••• L••
      Owners and control persons
      Schedule A and B, latest filing
      • A•••••••• R•••• K••••• · Co-President & Directorcontrol
        since 07/2008 · owns less than 5%
      • A•••••••• T•••••••• D••••• · Co-President & Directorcontrol
        since 07/2008 · owns less than 5%
      • B••••• C••••• D•••• · Directorcontrol
        since 10/2018 · owns less than 5%
      • B•••••••• T•••• R••••• · Chief Investment Officercontrol
        since 05/2015 · owns less than 5%
      • G••••••• E•••• J••• · Chief Compliance Officercontrol
        since 10/2019 · owns less than 5%
      • S••••• K•••• N••••••• · Directorcontrol
        since 10/2018 · owns less than 5%
      • S••••••••• G••••••• S••• · Chief Legal Officercontrol
        since 03/2018 · owns less than 5%
      • A•••••••• R•••• K••••• · Ownercontrol
        since 07/2008 · owns 50% to 75% of A••• H•••••••• L••
      • A•••••••• T•••••••• D••••• · Ownercontrol
        since 07/2008 · owns 50% to 75% of A••• H•••••••• L••
      Entity owners
      • P••••••• V•••••••• L•• · Managing Member
        direct · owns 75% or more
      • A••• H•••••••• L•• · Owner
        indirect · owns 75% or more of P••••••• V•••••••• L••
      Related persons
      Schedule D 7.A
      • A••• R••• E••••• A•••••••• L••
        investment companyn
      • M•••••• R•• I•• L••
        pooled vehicle sponsory
      • M••• T•••• M••••••• L••
        pooled vehicle sponsory
      • P••••••• B•• P••••••••• P•••• L••
        pooled vehicle sponsory
      • P••••••• R•• V• L••
        pooled vehicle sponsory
      • P••••••• T•••• M•••••• I• L••
        pooled vehicle sponsory
      • P• 4••• P•••• F••• M••••••• L••
        pooled vehicle sponsory
      • P• H•••• G•• L••
        pooled vehicle sponsory
      • P• V••• L••
        pooled vehicle sponsory
      • R• 2•••••• I•••••••• G•• L••
        pooled vehicle sponsory
      • R• 2••••• I•••••••• G•• L••
        pooled vehicle sponsory
      • R• P•••••• S••••••••• L••
        broker-dealern
      • S••••••••• H••••• L••
        pooled vehicle sponsorn
      • S•••••• R••••••• J• M••••••• L••
        pooled vehicle sponsory
      Advisers that list P••••••• I••••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 32 to 28
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 32 to 28
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 40 to 38
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 32 to 28
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.7B to $1.7B
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.7B to $1.7B
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $1.7B to $1.7B
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 31 to 32
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 9 to 8
        Mar 29, 2024 to Mar 31, 2025
      • BD registered reps · 3 to 0
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 31 to 32
        Mar 29, 2024 to Mar 31, 2025
      • Assets in custody · $1.5B to $1.7B
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 38 to 40
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Private funds · 31 to 32
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.5B to $1.7B
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.5B to $1.7B
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $1.5B to $1.7B
        Mar 29, 2024 to Mar 31, 2025
      • Related broker-dealer · true to false
        Mar 29, 2024 to Mar 31, 2025
      • Accounts · 38 to 31
        Jun 12, 2023 to Mar 29, 2024
      • Advisory employees · 10 to 9
        Jun 12, 2023 to Mar 29, 2024
      • BD registered reps · 4 to 3
        Jun 12, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 38 to 31
        Jun 12, 2023 to Mar 29, 2024
      • Assets in custody · $1.3B to $1.5B
        Jun 12, 2023 to Mar 29, 2024
      • Private funds · 36 to 31
        Jun 12, 2023 to Mar 29, 2024
      • Discretionary RAUM · $1.3B to $1.5B
        Jun 12, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $1.3B to $1.5B
        Jun 12, 2023 to Mar 29, 2024
      • RAUM · $1.3B to $1.5B
        Jun 12, 2023 to Mar 29, 2024
      • Assets in custody · $1.3B to $1.3B
        Mar 31, 2023 to Apr 28, 2023
      • Discretionary RAUM · $1.3B to $1.3B
        Mar 31, 2023 to Apr 28, 2023
      • Pooled vehicle RAUM · $1.3B to $1.3B
        Mar 31, 2023 to Apr 28, 2023
      • RAUM · $1.3B to $1.3B
        Mar 31, 2023 to Apr 28, 2023
      • Accounts · 32 to 38
        May 2, 2022 to Mar 31, 2023
      • Advisory employees · 11 to 10
        May 2, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 32 to 38
        May 2, 2022 to Mar 31, 2023
      • Assets in custody · $1.1B to $1.3B
        May 2, 2022 to Mar 31, 2023
      • Employees · 40 to 38
        May 2, 2022 to Mar 31, 2023
      • Private funds · 32 to 36
        May 2, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.1B to $1.3B
        May 2, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.1B to $1.3B
        May 2, 2022 to Mar 31, 2023
      Signals
      4 dated events
      • P••••••• I••••••••• L•• reported RAUM $1.1B, up 42% from $753.5M (2021-06-21 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • P••••••• I••••••••• L•• reported RAUM $753.5M, up 39% from $542.9M (2020-07-23 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • J••• E••• G•••••• (Chief Compliance Officer) appeared on Schedule A of P••••••• I••••••••• L••
        Mar 27, 2020 · Control person joined · fact
      • D•••• C•••• B•••• (Director) appeared on Schedule A of P••••••• I••••••••• L••
        Mar 29, 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.
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/P•••••••-VENTURESreportedpublic record, Form ADV, Sep 18, 2026
      Website
      P•••••••V.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      816-285-3872reportedpublic record, Form ADV, Mar 31, 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
      Across the graphs

      P••••••• 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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