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•••••• P•••••••

Former SEC-registered adviserNew York, New YorkCRD 159459SEC 801-73221IAPD
Legal name T•••••• I••••••••• P••••••• L••
Latest filing Nov 13, 2024
First filing on the tape Feb 9, 2012 · 22 filings
RAUM
$432M
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
29
27 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
$46.7M gross assets
History
22 filings and snapshots on the tape
RAUM$435M as of Mar 29, 2024
Mar 22, 2013$257M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 29, 2024
Mar 22, 20130 then
Employees (5.A)29 as of Mar 29, 2024
Mar 22, 201326 then
Private funds2 as of Mar 29, 2024
Mar 22, 20132 then
RAUM -13% over the last fiscal year+8.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Nov 13, 2024; 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
$61.6MderivedRAUM 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
-13%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
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
  • 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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$432M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
n/areported
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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      T•••••• N•• Y••• C••• G• F••• L•Real Estate Fund$28.5M40Mar 30, 2016
      T•••••• N•• Y••• C••• I••••••••• F••• L•Real Estate Fund$18.2M9Feb 9, 2012
      T•••••• P••••••• F••• L•no longer reportedReal Estate Fund$12.6M27Feb 9, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• C••••••••• M•••••• · Chief Investment Officercontrol
        since 01/2018 · owns less than 5%
      • B•••••• C••••••• R•••••• · Managing Member/Co-Chief Executive Officercontrol
        since 10/1997 · owns 50% to 75%
      • M•••••• T••• N•• · Chief Compliance Officer & Chief Financial Officercontrol
        since 10/2024 · owns less than 5%
      • P••••••• P•••• E••• · Managing Member/Co-Chief Executive Officercontrol
        since 10/1997 · owns 50% to 75%
      • W••••• C••••••• J•• · President & Chief Operating Officercontrol
        since 03/2021 · owns less than 5%
      • Z•••••••• A•••••• N•• · General Counsel & Executive Vpcontrol
        since 04/2010 · owns less than 5%
      Entity owners
      • T•• E••••••• E••••• H••••••• L•• · Profit Sharing Interest Holder
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • N•• Y••• C••• P••••••• F••• G• L••
        pooled vehicle sponsorn
      • T•••••• N•• Y••• C••• I••••••••• F••• G• L••
        pooled vehicle sponsorn
      • T•••••• N•• G• F••• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $435M to $432M
        Mar 29, 2024 to Jun 6, 2024
      • Pooled vehicle RAUM · $435M to $432M
        Mar 29, 2024 to Jun 6, 2024
      • RAUM · $435M to $432M
        Mar 29, 2024 to Jun 6, 2024
      • Advisory employees · 33 to 27
        Jul 6, 2023 to Mar 29, 2024
      • Employees · 38 to 29
        Jul 6, 2023 to Mar 29, 2024
      • Discretionary RAUM · $500M to $435M
        Jul 6, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $500M to $435M
        Jul 6, 2023 to Mar 29, 2024
      • RAUM · $500M to $435M
        Jul 6, 2023 to Mar 29, 2024
      • Discretionary RAUM · $498M to $500M
        Mar 31, 2023 to Jul 6, 2023
      • Pooled vehicle RAUM · $498M to $500M
        Mar 31, 2023 to Jul 6, 2023
      • RAUM · $498M to $500M
        Mar 31, 2023 to Jul 6, 2023
      • Advisory employees · 26 to 33
        Jun 22, 2022 to Mar 31, 2023
      • Employees · 36 to 38
        Jun 22, 2022 to Mar 31, 2023
      • Discretionary RAUM · $396M to $498M
        Jun 22, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $396M to $498M
        Jun 22, 2022 to Mar 31, 2023
      • RAUM · $396M to $498M
        Jun 22, 2022 to Mar 31, 2023
      • Advisory employees · 24 to 26
        Jun 16, 2021 to Mar 29, 2022
      • Employees · 35 to 36
        Jun 16, 2021 to Mar 29, 2022
      • Discretionary RAUM · $334M to $396M
        Jun 16, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $334M to $396M
        Jun 16, 2021 to Mar 29, 2022
      • RAUM · $334M to $396M
        Jun 16, 2021 to Mar 29, 2022
      • Accounts · 4 to 7
        Jul 9, 2020 to Mar 29, 2021
      • Advisory employees · 21 to 24
        Jul 9, 2020 to Mar 29, 2021
      • Pooled vehicle clients · 4 to 7
        Jul 9, 2020 to Mar 29, 2021
      • Employees · 46 to 35
        Jul 9, 2020 to Mar 29, 2021
      • Discretionary RAUM · $349M to $334M
        Jul 9, 2020 to Mar 29, 2021
      • Pooled vehicle RAUM · $349M to $334M
        Jul 9, 2020 to Mar 29, 2021
      • RAUM · $349M to $334M
        Jul 9, 2020 to Mar 29, 2021
      • Business name · T•••••• I••••••••• P••••••• L•• to T•••••• P•••••••
        Mar 27, 2020 to Jul 9, 2020
      • Discretionary RAUM · $348M to $349M
        Mar 27, 2020 to Jul 9, 2020
      • Pooled vehicle RAUM · $348M to $349M
        Mar 27, 2020 to Jul 9, 2020
      • RAUM · $348M to $349M
        Mar 27, 2020 to Jul 9, 2020
      • Accounts · 2 to 4
        Mar 28, 2019 to Mar 27, 2020
      • Advisory employees · 20 to 21
        Mar 28, 2019 to Mar 27, 2020
      • Pooled vehicle clients · 2 to 4
        Mar 28, 2019 to Mar 27, 2020
      • Employees · 43 to 46
        Mar 28, 2019 to Mar 27, 2020
      • Discretionary RAUM · $236M to $348M
        Mar 28, 2019 to Mar 27, 2020
      • Pooled vehicle RAUM · $236M to $348M
        Mar 28, 2019 to Mar 27, 2020
      • RAUM · $236M to $348M
        Mar 28, 2019 to Mar 27, 2020
      • Advisory employees · 19 to 20
        Mar 28, 2018 to Mar 28, 2019
      Signals
      7 dated events
      • Nmn Tal Madmon (Chief Compliance Officer & Chief Financial Officer) appeared on Schedule A of T•••••• P•••••••
        Nov 13, 2024 · Control person joined · fact
      • Edward Scott Rabacs (Chief Financial Officer & Chief Compliance Officer) no longer on Schedule A of T•••••• P••••••• (listed 2024-06-06, absent 2024-11-13)
        Nov 13, 2024 · Control person left · inference
      • T•••••• P••••••• reported RAUM $498.4M, up 26% from $396.0M (2022-06-22 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Joy Colleen Wenke (President & Chief Operating Officer) appeared on Schedule A of T•••••• P•••••••
        Mar 29, 2021 · Control person joined · fact
      • Jay Martin Rabinowitz (Senior Advisor) no longer on Schedule A of T•••••• P••••••• (listed 2019-03-28, absent 2020-03-27)
        Mar 27, 2020 · Control person left · inference
      • T•••••• P••••••• reported RAUM $348.4M, up 47% from $236.4M (2019-03-28 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      • T•••••• P••••••• reported RAUM $217.8M, down 36% from $338.7M (2017-08-30 to 2018-03-28)
        Mar 28, 2018 · 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.
      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
      Across the graphs

      T•••••• P••••••• 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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