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

L•••••• I••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Burlingame, CaliforniaCRD 159649SEC 801-112357websiteIAPD
Latest filing Jun 26, 2026
First filing on the tape Dec 22, 2017 · 16 filings
SEC status approved since Jan 23, 2018
RAUM
$1.0B
reported, Item 5.F
Discretionary
84%
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
24
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
18
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$1.0B as of Jun 26, 2026
Mar 29, 2019$345M then
HNW client RAUM$0 as of Jun 26, 2026
Mar 30, 2020$0 then
State-registered IARs (5.B.3)0 as of Jun 26, 2026
Mar 29, 20192 then
Employees (5.A)24 as of Jun 26, 2026
Mar 29, 201912 then
Private funds18 as of Jun 26, 2026
Mar 29, 20199 then
RAUM +18% over the last fiscal year+17% a year over threeIARs 2 to 0
Practice profile
derived from the filing of Jun 26, 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
$43.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
84%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
+18%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 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
$1.0M, 23 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)
  • 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$1.0B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
23reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.0M for 23 clientsreported
Compensation
% of AUM, 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
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      L•••••• U••• C••••• O••••••••• F••• Q•• L•••Other Private Fund$318M51Dec 22, 2017
      N•••••• C••••• I••••• F••• Q•• L•Other Private Fund$207M101Dec 22, 2017
      N•••••• C••••• I••••• F••• A•• L•Other Private Fund$87.5M49Dec 22, 2017
      L•• P•••••••• L•Other Private Fund$79.1M4Mar 30, 2024
      P•• L••••• L••Other Private Fund$30.5M47Mar 30, 2024
      L•••••• F• S•• F•••••• L••Other Private Fund$13.6M3Mar 31, 2023
      L•••••• U••• C••••• O••••••••• F••• A•• L•••Other Private Fund$12.8M4Dec 22, 2017
      P•••••• P••• I••••• F•••• L•Other Private Fund$7.3M98Mar 31, 2023
      L•••••• B•• F•••••• L••Other Private Fund$6.9M2Mar 29, 2019
      L•••••• S•• F•••••• L••no longer reportedOther Private Fund$2.5M2Mar 29, 2019
      L•••••• C•••••• F•••••• L••Other Private Fund$1.7M3Mar 29, 2019
      N•••••• P••• I••••• F•••• L•Other Private Fund$1.5M71Mar 31, 2021
      P•••••• P••• G••••• F••• I•• L•Other Private Fund$232,0004Mar 30, 2024
      L•••••• U•• F•••••• L••Other Private Fund$4762Mar 29, 2019
      L•••••• F•• F•••••• L••no longer reportedOther Private Fund$00Mar 29, 2019
      L•• F•••••• L••Other Private Fund$01Mar 31, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • D• S••••• D•••••••• R•••••• · Managing Membercontrol
        since 10/2011 · owns 75% or more
      • F••••••••• N••••••• · Chief Compliance Officer And Senior Counselcontrol
        since 05/2019 · owns less than 5%
      • H••••••••• M•••••••• E•••• · Managing Directorcontrol
        since 02/2015 · owns less than 5%
      • H•••••• M••••• C••••• · Director Of Operations And Deputy Compliance Officercontrol
        since 02/2015 · owns less than 5%
      • L••• D••••• S••••••• · Chief Financial Officercontrol
        since 06/2019 · owns less than 5%
      Related persons
      Schedule D 7.A
      • L•••••• A••••••••• A••••• L••
        pooled vehicle sponsory
      • L•••••• C••••• O••••••••• L••
        pooled vehicle sponsory
      • L•••••• S•• A••••• L••
        investment adviserpooled vehicle sponsorn
      • L•• A•••••••• L••
        pooled vehicle sponsory
      • N•••••• C••••• A•••••••• L••
        pooled vehicle sponsory
      • N•••••• P••• A•••••••• L••
        pooled vehicle sponsory
      • P•••••• P••• A•••••••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 21 to 23
        Mar 29, 2025 to Mar 31, 2026
      • Advisory employees · 11 to 13
        Mar 29, 2025 to Mar 31, 2026
      • BD registered reps · 2 to 0
        Mar 29, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 21 to 23
        Mar 29, 2025 to Mar 31, 2026
      • Assets in custody · $848M to $1.0M
        Mar 29, 2025 to Mar 31, 2026
      • Employees · 21 to 24
        Mar 29, 2025 to Mar 31, 2026
      • HQ city · SAN MATEO to BURLINGAME
        Mar 29, 2025 to Mar 31, 2026
      • State-registered IARs · 2 to 0
        Mar 29, 2025 to Mar 31, 2026
      • Private funds · 16 to 18
        Mar 29, 2025 to Mar 31, 2026
      • Discretionary RAUM · $719M to $847M
        Mar 29, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $128M to $157M
        Mar 29, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $848M to $1.0B
        Mar 29, 2025 to Mar 31, 2026
      • RAUM · $848M to $1.0B
        Mar 29, 2025 to Mar 31, 2026
      • Accounts · 19 to 21
        Oct 18, 2024 to Mar 29, 2025
      • Advisory employees · 9 to 11
        Oct 18, 2024 to Mar 29, 2025
      • Pooled vehicle clients · 19 to 21
        Oct 18, 2024 to Mar 29, 2025
      • Assets in custody · $766M to $848M
        Oct 18, 2024 to Mar 29, 2025
      • Employees · 20 to 21
        Oct 18, 2024 to Mar 29, 2025
      • Financial planning clients · unset to
        Oct 18, 2024 to Mar 29, 2025
      • Private funds · 14 to 16
        Oct 18, 2024 to Mar 29, 2025
      • Discretionary RAUM · $634M to $719M
        Oct 18, 2024 to Mar 29, 2025
      • Non-discretionary RAUM · $132M to $128M
        Oct 18, 2024 to Mar 29, 2025
      • Pooled vehicle RAUM · $766M to $848M
        Oct 18, 2024 to Mar 29, 2025
      • RAUM · $766M to $848M
        Oct 18, 2024 to Mar 29, 2025
      • Assets in custody · $782M to $766M
        Mar 30, 2024 to Oct 18, 2024
      • Discretionary RAUM · $650M to $634M
        Mar 30, 2024 to Oct 18, 2024
      • Pooled vehicle RAUM · $782M to $766M
        Mar 30, 2024 to Oct 18, 2024
      • RAUM · $782M to $766M
        Mar 30, 2024 to Oct 18, 2024
      • Accounts · 15 to 19
        Jan 18, 2024 to Mar 30, 2024
      • Advisory employees · 10 to 9
        Jan 18, 2024 to Mar 30, 2024
      • Pooled vehicle clients · 15 to 19
        Jan 18, 2024 to Mar 30, 2024
      • Assets in custody · $629M to $782M
        Jan 18, 2024 to Mar 30, 2024
      • Employees · 19 to 20
        Jan 18, 2024 to Mar 30, 2024
      • Private funds · 11 to 14
        Jan 18, 2024 to Mar 30, 2024
      • Discretionary RAUM · $614M to $650M
        Jan 18, 2024 to Mar 30, 2024
      • Non-discretionary RAUM · $14.7M to $132M
        Jan 18, 2024 to Mar 30, 2024
      • Pooled vehicle RAUM · $629M to $782M
        Jan 18, 2024 to Mar 30, 2024
      • RAUM · $629M to $782M
        Jan 18, 2024 to Mar 30, 2024
      • Accounts · 12 to 15
        Mar 30, 2022 to Mar 31, 2023
      • Advisory employees · 8 to 10
        Mar 30, 2022 to Mar 31, 2023
      Signals
      9 dated events
      • C••••• M•••• H••••• (Director Of Operations And Deputy Compliance Officer) appeared on Schedule A of L•••••• I••••••••• M••••••••• L••
        Mar 31, 2023 · Control person joined · fact
      • M••••••• H••••••••• (Managing Director) appeared on Schedule A of L•••••• I••••••••• M••••••••• L••
        Mar 31, 2023 · Control person joined · fact
      • James Patrick Feeney (Managing Director) no longer on Schedule A of L•••••• I••••••••• M••••••••• L•• (listed 2022-03-30, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Mitchell Kenneth Masters (Managing Member) no longer on Schedule A of L•••••• I••••••••• M••••••••• L•• (listed 2020-03-31, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • Aragon Anthony Lubiano (Chief Financial Officer) no longer on Schedule A of L•••••• I••••••••• M••••••••• L•• (listed 2019-06-05, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Shun-Hua David Lin (Controller) appeared on Schedule A of L•••••• I••••••••• M••••••••• L••
        Mar 30, 2020 · Control person joined · fact
      • Nicholas Frederick (Chief Compliance Officer And Senior Counsel) appeared on Schedule A of L•••••• I••••••••• M••••••••• L••
        Jun 5, 2019 · Control person joined · fact
      • L•••••• I••••••••• M••••••••• L•• reported RAUM $345.1M, up 81% from $190.4M (2018-03-29 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • L•••••• I••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Dec 22, 2017 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/lateral-imreportedpublic record, Form ADV, Sep 18, 2026
      Website
      L••••••IM.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      650-396-2200reportedpublic record, Form ADV, Jun 26, 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