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
N•••• C••••••• L•••
Latest filing Mar 30, 2026
First filing on the tape Jun 25, 2013 · 28 filings
SEC status approved since Jul 5, 2013
RAUM
$2.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$2.0B
derived; firm RAUM over IAPD count
Employees
18
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$2.0B as of Mar 30, 2026
Mar 26, 2014$953M then
HNW client RAUM$0 as of Mar 30, 2026
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 26, 20140 then
Employees (5.A)18 as of Mar 30, 2026
Mar 26, 201412 then
Private funds4 as of Mar 30, 2026
Mar 26, 20141 then
RAUM +8.1% over the last fiscal year+24% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $2.0BderivedRAUM 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
- $156MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 18.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.1%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
- 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- 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$1.3B66%
- Other investment advisers$696M34%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 13reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| P•••• M••••Chartered Financial Analyst | Foster City, Ca | Jan 7, 2025 | 23 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
4 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| N•••• E••••••• M•••••• A•••• M••••• F•••• L••• | Hedge Fund | $1.0B | 22 | May 26, 2016 |
| N•••• A••• T•••• R••••• M••••• F•••• L••• | Hedge Fund | $309M | 34 | Jun 25, 2013 |
| N•••• C•••• T•••• R••••• M••••• F•••• L•••no longer reported | Hedge Fund | $30.4M | 8 | Mar 26, 2019 |
| N•••• C•••• A•••• M••••• F•••• L•••no longer reported | Hedge Fund | $5.8M | 7 | Mar 1, 2018 |
Owners and control persons
Schedule A and B, latest filing
- M••••• P•••• · Limited Partnercontrolsince 10/2011 · owns 50% to 75%
- M••••••••• J•••••• H••••• · Chief Compliance Officercontrolsince 06/2013 · owns less than 5%
- E•••••• W••••••• B• · Managercontrolsince 04/2010 · owns F of H•••••••• M••••••••• L••
- H••• K••••••• C••••••• · Limited Partnersince 10/2011 · owns 10% to 25%
Entity owners
- H•••••••• M••••••••• L•• · Limited Partnerdirect · owns 5% to 10%
Related persons
Schedule D 7.A
- N•••• C•••••• G•• L••pooled vehicle sponsory
- N•••• S•••••••• E••••••• M•••••• A•••• G•• L••pooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 12 to 13Feb 18, 2026 to Mar 30, 2026
- Advisory employees · 5 to 10Feb 18, 2026 to Mar 30, 2026
- Pooled vehicle clients · 9 to 10Feb 18, 2026 to Mar 30, 2026
- Employees · 16 to 18Feb 18, 2026 to Mar 30, 2026
- Discretionary RAUM · $1.9B to $2.0BFeb 18, 2026 to Mar 30, 2026
- Pooled vehicle RAUM · $1.3B to $1.3BFeb 18, 2026 to Mar 30, 2026
- RAUM · $1.9B to $2.0BFeb 18, 2026 to Mar 30, 2026
- Private funds · 3 to 4Mar 31, 2025 to Feb 18, 2026
- Accounts · 7 to 12May 16, 2024 to Mar 31, 2025
- Advisory employees · 4 to 5May 16, 2024 to Mar 31, 2025
- Pooled vehicle clients · 6 to 9May 16, 2024 to Mar 31, 2025
- Employees · 15 to 16May 16, 2024 to Mar 31, 2025
- Financial planning clients · unset to May 16, 2024 to Mar 31, 2025
- Private funds · 2 to 3May 16, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.4B to $1.9BMay 16, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $1.3B to $1.3BMay 16, 2024 to Mar 31, 2025
- RAUM · $1.4B to $1.9BMay 16, 2024 to Mar 31, 2025
- Employees · 16 to 15Mar 6, 2023 to Mar 27, 2024
- Discretionary RAUM · $1.1B to $1.4BMar 6, 2023 to Mar 27, 2024
- Pooled vehicle RAUM · $1.0B to $1.3BMar 6, 2023 to Mar 27, 2024
- RAUM · $1.1B to $1.4BMar 6, 2023 to Mar 27, 2024
- Employees · 12 to 16Aug 29, 2022 to Mar 6, 2023
- Discretionary RAUM · $922M to $1.1BAug 29, 2022 to Mar 6, 2023
- Pooled vehicle RAUM · $864M to $1.0BAug 29, 2022 to Mar 6, 2023
- RAUM · $922M to $1.1BAug 29, 2022 to Mar 6, 2023
- Accounts · 8 to 7Mar 31, 2021 to Mar 30, 2022
- Advisory employees · 8 to 4Mar 31, 2021 to Mar 30, 2022
- Advisory activities · 1 to 2Mar 31, 2021 to Mar 30, 2022
- Pooled vehicle clients · 8 to 6Mar 31, 2021 to Mar 30, 2022
- Employees · 14 to 12Mar 31, 2021 to Mar 30, 2022
- Private funds · 3 to 2Mar 31, 2021 to Mar 30, 2022
- Discretionary RAUM · $876M to $922MMar 31, 2021 to Mar 30, 2022
- Pooled vehicle RAUM · $876M to $864MMar 31, 2021 to Mar 30, 2022
- RAUM · $876M to $922MMar 31, 2021 to Mar 30, 2022
- Advisory employees · 9 to 8Mar 20, 2020 to Mar 31, 2021
- Employees · 16 to 14Mar 20, 2020 to Mar 31, 2021
- Discretionary RAUM · $299M to $876MMar 20, 2020 to Mar 31, 2021
- Pension RAUM · unset to 0.0Mar 20, 2020 to Mar 31, 2021
- Pooled vehicle RAUM · $299M to $876MMar 20, 2020 to Mar 31, 2021
- RAUM · $299M to $876MMar 20, 2020 to Mar 31, 2021
Signals
7 dated events
- N•••• C••••••• L••• reported RAUM $1.9B, up 36% from $1.4B (2024-05-16 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- N•••• C••••••• L••• reported RAUM $1.4B, up 28% from $1.1B (2023-03-06 to 2024-03-27)Mar 27, 2024 · RAUM change · derived
- N•••• C••••••• L••• reported RAUM $875.7M, up 193% from $299.2M (2020-03-20 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- N•••• C••••••• L••• reported RAUM $325.7M, down 66% from $958.4M (2018-11-21 to 2019-03-26)Mar 26, 2019 · RAUM change · derived
- N•••• C••••••• L••• reported RAUM $958.4M, down 59% from $2.4B (2018-03-01 to 2018-03-29)Mar 29, 2018 · RAUM change · derived
- N•••• C•••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)Jan 28, 2015 · Succession (Item 4) · fact
- N•••• C••••••• L•• filed its initial SEC registration (Form ADV)Jun 25, 2013 · First SEC registration · 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
- Website
- N••••CAPITAL.COMreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 650-265-4666reportedpublic record, Form ADV, Mar 30, 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
- $2.0Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026