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•••••• L••• P•••••••• L•••••

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 160377SEC 801-110327websiteIAPD
Latest filing May 8, 2026
First filing on the tape Mar 30, 2017 · 22 filings
SEC status approved since Apr 6, 2017
RAUM
$2.2B
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
27
22 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
12
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$2.2B as of May 8, 2026
Mar 29, 2018$291M then
HNW client RAUM$0 as of May 8, 2026
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of May 8, 2026
Mar 29, 20180 then
Employees (5.A)27 as of May 8, 2026
Mar 29, 20189 then
Private funds12 as of May 8, 2026
Mar 29, 20185 then
RAUM +1.9% over the last fiscal year+13% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 8, 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
$182MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+7.7%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, 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
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.2B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
12reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 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
      10 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • A••••••• T•••••• C•••••• · Managercontrol
        since 12/2009 · owns less than 5%
      • G•••• L••••••• M••••••• · Partner & Coocontrol
        since 02/2022 · owns less than 5%
      • M••••• I•• R•••••• W•••••• · Chief Compliance Officer And Chief Administrative Officercontrol
        since 01/2019 · owns less than 5%
      • A••••••• T•••••• C•••••• · Limited Partnercontrol
        since 02/2023 · owns 75% or more of P•••••• L••• M••••••••• H•••••••• L•
      • A••••••• T•••••• C•••••• · Managing Membercontrol
        since 02/2023 · owns 75% or more of P•••••• L••• M••••••••• H•••••••• L••
      Entity owners
      • P•••••• L••• M••••••••• H•••••••• L• · Member
        direct · owns 75% or more
      • P•••••• L••• M••••••••• H•••••••• L•• · General Partner
        indirect · owns F of P•••••• L••• M••••••••• H•••••••• L•
      Related persons
      Schedule D 7.A
      • P•••••• L••• P••••••• E••••• I• L••
        pooled vehicle sponsorn
      • P•••••• L••• P••••••• E••••• I•• L••
        pooled vehicle sponsorn
      • P•••••• L••• P••••••• E••••• I••• L••
        pooled vehicle sponsorn
      • P•••••• L••• P••••••• E••••• I•• L••
        pooled vehicle sponsorn
      • P•••••• L••• P••••••• E••••• V• L••
        pooled vehicle sponsorn
      • P•••••• L••• P••••••• L•••••••• C•••••••• I• G•• L••
        pooled vehicle sponsorn
      • P•••••• L••• P••••••• L•••••••• I• G•• L••
        pooled vehicle sponsorn
      • P•••••• L••• P••••••• L•••••••• I• G•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Palo Alto, CA2 employees
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $2.3B to $2.2B
        Mar 31, 2026 to May 8, 2026
      • Pooled vehicle RAUM · $2.3B to $2.2B
        Mar 31, 2026 to May 8, 2026
      • RAUM · $2.3B to $2.2B
        Mar 31, 2026 to May 8, 2026
      • Accounts · 11 to 12
        Jun 9, 2025 to Mar 31, 2026
      • Advisory employees · 14 to 22
        Jun 9, 2025 to Mar 31, 2026
      • Business name · P•••••• L••• P•••••••• L•• to P•••••• L••• P•••••••• L•••••
        Jun 9, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 11 to 12
        Jun 9, 2025 to Mar 31, 2026
      • Employees · 20 to 27
        Jun 9, 2025 to Mar 31, 2026
      • Legal name · P•••••• L••• P•••••••• L•• to P•••••• L••• P•••••••• L•••••
        Jun 9, 2025 to Mar 31, 2026
      • Private funds · 11 to 12
        Jun 9, 2025 to Mar 31, 2026
      • Discretionary RAUM · $2.1B to $2.3B
        Jun 9, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $2.1B to $2.3B
        Jun 9, 2025 to Mar 31, 2026
      • RAUM · $2.1B to $2.3B
        Jun 9, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        May 8, 2025 to Jun 9, 2025
      • Accounts · 9 to 11
        Mar 28, 2024 to Mar 28, 2025
      • Advisory employees · 16 to 14
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 9 to 11
        Mar 28, 2024 to Mar 28, 2025
      • Employees · 25 to 20
        Mar 28, 2024 to Mar 28, 2025
      • Private funds · 9 to 11
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $1.6B to $2.1B
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $1.6B to $2.1B
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $1.6B to $2.1B
        Mar 28, 2024 to Mar 28, 2025
      • Accounts · 10 to 9
        Aug 15, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 10 to 9
        Aug 15, 2023 to Mar 28, 2024
      • Employees · 23 to 25
        Aug 15, 2023 to Mar 28, 2024
      • Private funds · 10 to 9
        Aug 15, 2023 to Mar 28, 2024
      • Discretionary RAUM · $1.5B to $1.6B
        Aug 15, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $1.5B to $1.6B
        Aug 15, 2023 to Mar 28, 2024
      • RAUM · $1.5B to $1.6B
        Aug 15, 2023 to Mar 28, 2024
      • Accounts · 8 to 10
        Mar 8, 2023 to Mar 30, 2023
      • Pooled vehicle clients · 8 to 10
        Mar 8, 2023 to Mar 30, 2023
      • Employees · 21 to 23
        Mar 8, 2023 to Mar 30, 2023
      • Private funds · 8 to 10
        Mar 8, 2023 to Mar 30, 2023
      • Discretionary RAUM · $966M to $1.5B
        Mar 8, 2023 to Mar 30, 2023
      • Pooled vehicle RAUM · $966M to $1.5B
        Mar 8, 2023 to Mar 30, 2023
      • RAUM · $966M to $1.5B
        Mar 8, 2023 to Mar 30, 2023
      • Accounts · 7 to 8
        Mar 30, 2021 to Mar 30, 2022
      • Advisory employees · 11 to 16
        Mar 30, 2021 to Mar 30, 2022
      • Pooled vehicle clients · 7 to 8
        Mar 30, 2021 to Mar 30, 2022
      • Employees · 16 to 21
        Mar 30, 2021 to Mar 30, 2022
      Signals
      7 dated events
      • P•••••• L••• P•••••••• L••••• reported RAUM $2.1B, up 35% from $1.6B (2024-03-28 to 2025-03-28)
        Mar 28, 2025 · RAUM change · derived
      • P•••••• L••• P•••••••• L••••• reported RAUM $1.5B, up 58% from $965.9M (2023-03-08 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • L James Southern (Managing Member) no longer on Schedule A of P•••••• L••• P•••••••• L••••• (listed 2022-03-30, absent 2023-02-28)
        Feb 28, 2023 · Control person left · inference
      • Marshall Lindsey Gray (Partner & Coo) appeared on Schedule A of P•••••• L••• P•••••••• L•••••
        Mar 30, 2022 · Control person joined · fact
      • P•••••• L••• P•••••••• L••••• reported RAUM $780.3M, up 147% from $315.9M (2019-03-26 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      • W•••••• R••••• M••••• Ii (Controller And Chief Compliance Officer) appeared on Schedule A of P•••••• L••• P•••••••• L•••••
        Feb 1, 2019 · Control person joined · fact
      • P•••••• L••• P•••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 30, 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/pacific-lake-partnersreportedpublic record, Form ADV, Sep 19, 2026
      Website
      p•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      617-658-3024reportedpublic record, Form ADV, May 8, 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