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

F•••••••• C••••••

Former SEC-registered adviserAtlanta, GeorgiaCRD 160400SEC 801-80200IAPD
Legal name F•••••••• C••••••• L••
Latest filing Mar 31, 2023
First filing on the tape Aug 8, 2014 · 15 filings
RAUM
$496M
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
14
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
2
$496M gross assets
History
15 filings and snapshots on the tape
RAUM$496M as of Mar 31, 2023
Mar 31, 2015$5.8B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2023
Mar 31, 20150 then
Employees (5.A)14 as of Mar 31, 2023
Mar 31, 201537 then
Private funds2 as of Mar 31, 2023
Mar 31, 201513 then
RAUM -60% over the last fiscal year-49% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2023; 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
$248MderivedRAUM 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
-60%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-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$496M, 2 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
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$496M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$496M for 2 clientsreported
Compensation
% of AUM, fixed, 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
      18 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      F• G•• O••••••••• I••••••••• L••no longer reportedOther Private Fund$2.0B21Aug 8, 2014
      E•••••• I••••••••• L••Real Estate Fund$357M16Aug 8, 2014
      F• I•••••••• X••• L••no longer reportedPrivate Equity Fund$296M25Aug 8, 2014
      S•••••• S••••• C••• I••••••••• P••••••••• V• L••no longer reportedOther Private Fund$150M20Aug 8, 2014
      F•• L•••••• L••no longer reportedSecuritized Asset Fund$70.4M20Mar 28, 2019
      F• L•••••• F••• I•• L••no longer reportedOther Private Fund$65.7M17Mar 30, 2018
      F•••••••• P••••••••• V•••• L•no longer reportedReal Estate Fund$50.0M11Aug 8, 2014
      F• E•••••• L•no longer reportedReal Estate Fund$28.2M50Mar 29, 2017
      F• P••••••••• X• L••no longer reportedReal Estate Fund$28.0M4Aug 8, 2014
      F• L••••••••• L••no longer reportedSecuritized Asset Fund$14.0M7Aug 8, 2014
      F••• H•••••••• L••no longer reportedPrivate Equity Fund$7.6M23Mar 31, 2016
      J•• S••••• L••••• P•••••••• I• L•no longer reportedReal Estate Fund$7.0M10Aug 8, 2014
      F•••• B••••••••• I••••••••• L••no longer reportedReal Estate Fund$5.3M4Aug 8, 2014
      F• L••••••• L••no longer reportedSecuritized Asset Fund$3.4M5Aug 8, 2014
      F•• F•••••• I•• L••no longer reportedSecuritized Asset Fund$021Mar 31, 2016
      F• H•••••••• I••••••••• L••no longer reportedReal Estate Fund$06Aug 8, 2014
      F•• F•••••• I••• L••no longer reportedSecuritized Asset Fund$021Mar 29, 2017
      F•• F••••••• L••no longer reportedSecuritized Asset Fund$021Mar 31, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••• S•••••••• · Managing Director, Investmentscontrol
        since 12/2020 · owns less than 5%
      • M••••••••• J•••••• P•••••• · Chief Financial Officercontrol
        since 06/2021 · owns less than 5%
      • P•••••• N••• · Chief Compliance Officer, Svpcontrol
        since 12/2020 · owns less than 5%
      • R•••• D••••• M•••••• · Chief Executive Officercontrol
        since 12/2020 · owns less than 5%
      • W••••••• A•••••• M•••• · Chairman, Board Membercontrol
        since 01/1999 · owns less than 5%
      • W••••••• A•••••• M•••• · Ownercontrol
        since 01/1999 · owns 75% or more of H••• M••••••••• G••••• I•••
      Entity owners
      • H••• M••••••••• G••••• I••• · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • F• D••••• G•••••• P••••••• L••
        pooled vehicle sponsory
      • F• E•••••• I••••••••• L••
        pooled vehicle sponsory
      • F•••••••• C•••••• A•••• M••••••••• I••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • Atlanta, GA3 employees
      What changed
      consecutive filings, newest first
      • Assets in custody · $1.2B to $496M
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 15 to 14
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.2B to $496M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.2B to $496M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $1.2B to $496M
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 5 to 2
        Mar 31, 2021 to Mar 31, 2022
      • Advisory employees · 18 to 12
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 5 to 2
        Mar 31, 2021 to Mar 31, 2022
      • Assets in custody · $3.0B to $1.2B
        Mar 31, 2021 to Mar 31, 2022
      • Employees · 19 to 15
        Mar 31, 2021 to Mar 31, 2022
      • Private funds · 5 to 2
        Mar 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $3.0B to $1.2B
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $3.0B to $1.2B
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $3.0B to $1.2B
        Mar 31, 2021 to Mar 31, 2022
      • Accounts · 15 to 5
        Dec 1, 2020 to Mar 31, 2021
      • Advisory employees · 19 to 18
        Dec 1, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 15 to 5
        Dec 1, 2020 to Mar 31, 2021
      • Assets in custody · $3.8B to $3.0B
        Dec 1, 2020 to Mar 31, 2021
      • Employees · 44 to 19
        Dec 1, 2020 to Mar 31, 2021
      • Private funds · 15 to 5
        Dec 1, 2020 to Mar 31, 2021
      • Discretionary RAUM · $3.8B to $3.0B
        Dec 1, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $3.8B to $3.0B
        Dec 1, 2020 to Mar 31, 2021
      • RAUM · $3.8B to $3.0B
        Dec 1, 2020 to Mar 31, 2021
      • Assets in custody · $6.1B to $3.8B
        Feb 10, 2020 to Mar 31, 2020
      • Discretionary RAUM · $5.5B to $3.8B
        Feb 10, 2020 to Mar 31, 2020
      • Pooled vehicle RAUM · $5.5B to $3.8B
        Feb 10, 2020 to Mar 31, 2020
      • RAUM · $5.5B to $3.8B
        Feb 10, 2020 to Mar 31, 2020
      • Accounts · 18 to 15
        Aug 21, 2018 to Mar 28, 2019
      • Advisory employees · 25 to 19
        Aug 21, 2018 to Mar 28, 2019
      • Pooled vehicle clients · 18 to 15
        Aug 21, 2018 to Mar 28, 2019
      • Employees · 52 to 44
        Aug 21, 2018 to Mar 28, 2019
      • Private funds · 18 to 15
        Aug 21, 2018 to Mar 28, 2019
      • Discretionary RAUM · $6.1B to $5.5B
        Aug 21, 2018 to Mar 28, 2019
      • Pooled vehicle RAUM · $6.1B to $5.5B
        Aug 21, 2018 to Mar 28, 2019
      • RAUM · $6.1B to $5.5B
        Aug 21, 2018 to Mar 28, 2019
      • Accounts · 19 to 18
        Mar 29, 2017 to Mar 30, 2018
      • Pooled vehicle clients · unset to 18.0
        Mar 29, 2017 to Mar 30, 2018
      • Assets in custody · $6.0B to $6.1B
        Mar 29, 2017 to Mar 30, 2018
      • Employees · 53 to 52
        Mar 29, 2017 to Mar 30, 2018
      • Other offices · unset to 1.0
        Mar 29, 2017 to Mar 30, 2018
      Signals
      14 dated events
      • F•••••••• C•••••• reported RAUM $496.4M, down 60% from $1.2B (2022-03-31 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • F•••••••• C•••••• reported RAUM $1.2B, down 58% from $3.0B (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • A Katherine Boelte (Chief Financial Officer) no longer on Schedule A of F•••••••• C•••••• (listed 2021-03-31, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Michael David Russ (Chief Executive Officer) appeared on Schedule A of F•••••••• C••••••
        Mar 31, 2021 · Control person joined · fact
      • Patrick Joseph Mcdurmont (Chief Accounting Officer) appeared on Schedule A of F•••••••• C••••••
        Mar 31, 2021 · Control person joined · fact
      • A Katherine Boelte (Chief Financial Officer) appeared on Schedule A of F•••••••• C••••••
        Mar 31, 2021 · Control person joined · fact
      • Nela Powell (Chief Compliance Officer, Svp) appeared on Schedule A of F•••••••• C••••••
        Mar 31, 2021 · Control person joined · fact
      • Stephanie Hamner (Managing Director, Investments) appeared on Schedule A of F•••••••• C••••••
        Mar 31, 2021 · Control person joined · fact
      • Brian Beckwith (Chief Executive Officer, Board Member) no longer on Schedule A of F•••••••• C•••••• (listed 2020-12-01, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • E Scott Brown (Chief Compliance Officer, Treasurer, Board Member) no longer on Schedule A of F•••••••• C•••••• (listed 2020-12-01, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • F•••••••• C•••••• reported RAUM $3.8B, down 31% from $5.5B (2020-02-10 to 2020-03-31)
        Mar 31, 2020 · RAUM change · derived
      • Steven Fishman (Owner) no longer on Schedule A of F•••••••• C•••••• (listed 2018-08-21, absent 2019-03-28)
        Mar 28, 2019 · Control person left · inference
      • Kelly Pamela Rosen (General Counsel) no longer on Schedule A of F•••••••• C•••••• (listed 2018-08-21, absent 2019-03-28)
        Mar 28, 2019 · Control person left · inference
      • F•••••••• C•••••• filed its initial SEC registration (Form ADV)
        Aug 8, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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

      F•••••••• C•••••• 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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