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

S•••••••• I••••••••• A•••••••• L••

Independent wealth managerLos Angeles, CaliforniaCRD 160715SEC 801-76593websiteIAPD
Latest filing Aug 17, 2026
First filing on the tape Apr 18, 2012 · 36 filings
SEC status approved since May 2, 2012
RAUM
$6.8B
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
98%
$6.6B individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$520M
derived; firm RAUM over IAPD count
Employees
21
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$6.8B as of Aug 17, 2026
Mar 27, 2013$224M then
HNW client RAUM$2.7B as of Aug 17, 2026
Jan 16, 2018$1.4B then
State-registered IARs (5.B.3)7 as of Aug 17, 2026
Mar 27, 20138 then
Employees (5.A)21 as of Aug 17, 2026
Mar 27, 20138 then
Private funds: no history
RAUM +18% over the last fiscal year+19% a year over threeIARs 12 to 7
Practice profile
derived from the filing of Aug 17, 2026; every figure names its basis
RAUM per advisor
$520MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
573derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$896,888derivedRAUM over accounts (5.F.2.f)
Discretionary
90%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
6.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
-42%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.8%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminarsreportedItem 5.G
Custody
$3.2B, 5,338 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)
  • 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
  • Individuals$3.9B58%
  • High-net-worth individuals$2.7B40%
  • Corporations and businesses$93.6M1.4%
  • Pension and profit-sharing plans$37.8M0.6%
  • Charitable organizations$14.6M0.2%
Individual clients
5,707reported
HNW clients
1,747reported
Pension plan clients
24reported
Charitable clients
n/areported
Accounts
7,533reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$3.2B for 5,338 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd=true related_bank=false bd_reps=10.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B••••• M••••••• B•••••Los Angeles, CaJan 13, 202110 y2
A••••• L••Los Angeles, Ca Mar 30, 202116 y1
J•• Y•Los Angeles, CaMay 12, 202129 y4
D•••• A•••••••• L•••••Los Angeles, CaJun 22, 202313 y2
A•••••••• H••••• M••••Los Angeles, CaDec 18, 202411 y3
M•••••• Y• K••Los Angeles, CaJan 1, 202525 y1
J•••• R•••••• L•••Los Angeles, CaAug 25, 202510 y1
D••••• C•••••••Los Angeles, CaNov 26, 202511 y0
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • H••••••••• A•••• · Chief Financial Officercontrol
      since 03/2023 · owns less than 5%
    • H•••••• B••••• D•••• · President/Managing Membercontrol
      since 11/2011 · owns 10% to 25%
    • K••• A••• · Deputy Compliance Officercontrol
      since 01/2026 · owns less than 5%
    • L••• A••••• · Chief Financial Officercontrol
      since 12/2014 · owns 5% to 10%
    • M••••••••• C••••••••• · Chief Operating Officercontrol
      since 07/2019 · owns less than 5%
    • M••••••••• S••••••• V• · Chief Financial Officercontrol
      since 06/2025 · owns less than 5%
    • M••••••••• M••••••• J•••• · Presidentcontrol
      since 04/2025 · owns less than 5%
    • R••••• E•••• Z•••••• · Chief Operating Officercontrol
      since 12/2025 · owns less than 5%
    • B••••••••• M•••••• R•••• · Managing Membercontrol
      since 06/2021 · owns F of R•••••••• C•••••• P••••••• O••••••••• F••• V• •• F••• I••• G•• L••
    Entity owners
    • S••• · Owner
      direct · owns 75% or more
    • S••• H•••••••• L•• · Shareholder
      direct · owns 75% or more
    • S•••••••• F•••••••• S••••••• G•••• · Shareholder
      direct · owns 75% or more
    • R•••••••• C•••••• P••••••• O••••••••• F••• V• •• F••• I••• G•• L••• · General Partner
      indirect · owns F of R•••••••• C•••••• P••••••• O••••••••• F••• V• •• F••• I•••• L•••
    • R•••••••• C•••••• P••••••• O••••••••• F••• V• •• F••• I••• G•• L•• · General Partner
      indirect · owns F of R•••••••• C•••••• P••••••• O••••••••• F••• V• •• F••• I••• G•• L•••
    • R•••••••• C•••••• P••••••• O••••••••• F••• V• •• F••• I•••• L••• · Limited Partner
      indirect · owns 25% to 50% of S••• H•••••••• L••
    • S••• H•••••••• L•• · Shareholder
      indirect · owns 50% to 75% of S•••••••• F•••••••• S••••••• G••••
    Related persons
    Schedule D 7.A
    Advisers that list S•••••••• I••••••••• A•••••••• L•• as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Los Angeles, Ca · principal1340
    Offices
    Schedule D 1.F, the 25 largest
    • Newport Beach, CA2 employees
    ADV anomalies
    10 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Aug 17, 2026
      L••• A••••• (CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2024-06-14 and 2026-08-17
      peers: independent wealth managers, $5B to $20B (289)
    • control person changedChange between filings · filing Aug 17, 2026
      H••••••••• A•••• (CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2024-06-14 and 2026-08-17
      peers: independent wealth managers, $5B to $20B (289)
    • control person changedChange between filings · filing Aug 17, 2026
      M••••••••• C••••••••• (CHIEF OPERATING OFFICER) left Schedule A between the filings of 2024-06-14 and 2026-08-17
      peers: independent wealth managers, $5B to $20B (289)
    • control person changedChange between filings · filing Aug 17, 2026
      M••••••••• M••••••• J•••• (PRESIDENT) appeared on Schedule A between the filings of 2024-06-14 and 2026-08-17
      peers: independent wealth managers, $5B to $20B (289)
    • control person changedChange between filings · filing Aug 17, 2026
      M••••••••• S••••••• V• (CHIEF FINANCIAL OFFICER) appeared on Schedule A between the filings of 2024-06-14 and 2026-08-17
      peers: independent wealth managers, $5B to $20B (289)
    • control person changedChange between filings · filing Aug 17, 2026
      K••• A••• (DEPUTY COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2024-06-14 and 2026-08-17
      peers: independent wealth managers, $5B to $20B (289)
    • control person changedChange between filings · filing Aug 17, 2026
      H•••••• B••••• D•••• (PRESIDENT/MANAGING MEMBER) left Schedule A between the filings of 2024-06-14 and 2026-08-17
      peers: independent wealth managers, $5B to $20B (289)
    • control person changedChange between filings · filing Aug 17, 2026
      B••••••••• M•••••• R•••• (MANAGING MEMBER) left Schedule A between the filings of 2024-06-14 and 2026-08-17
      peers: independent wealth managers, $5B to $20B (289)
    • advisor count dropChange between filings · filing Mar 31, 2026
      advisory representatives (Item 5.B.3) moved from 12.0 to 7.0 (-42.0%) between the annual amendments of 2025-03-27 and 2026-03-31; the peer median change was +6.0% (220 comparable advisers, 4.0th percentile of changes)
      peers: independent wealth managers, $5B to $20B (220) · 4.1% percentile
    • account count collapseChange between filings · filing Mar 31, 2026
      accounts (Item 5.F.2.f) moved from 14,455.0 to 7,533.0 (-48.0%) between the annual amendments of 2025-03-27 and 2026-03-31; the peer median change was +8.0% (253 comparable advisers, 3.0th percentile of changes)
      peers: independent wealth managers, $5B to $20B (253) · 3.2% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 14,455 to 7,533
      Jun 23, 2025 to Mar 31, 2026
    • BD registered reps · 13 to 10
      Jun 23, 2025 to Mar 31, 2026
    • Corporate clients · 43 to 52
      Jun 23, 2025 to Mar 31, 2026
    • HNW clients · 1,813 to 1,747
      Jun 23, 2025 to Mar 31, 2026
    • Individual clients · 5,233 to 5,707
      Jun 23, 2025 to Mar 31, 2026
    • Pension plan clients · 18 to 24
      Jun 23, 2025 to Mar 31, 2026
    • Assets in custody · $2.5B to $3.2B
      Jun 23, 2025 to Mar 31, 2026
    • Employees · 15 to 21
      Jun 23, 2025 to Mar 31, 2026
    • State-registered IARs · 12 to 7
      Jun 23, 2025 to Mar 31, 2026
    • Discretionary RAUM · $4.9B to $6.0B
      Jun 23, 2025 to Mar 31, 2026
    • HNW RAUM · $2.4B to $2.7B
      Jun 23, 2025 to Mar 31, 2026
    • Individual RAUM · $3.2B to $3.9B
      Jun 23, 2025 to Mar 31, 2026
    • Non-discretionary RAUM · $826M to $707M
      Jun 23, 2025 to Mar 31, 2026
    • Pension RAUM · $33.5M to $37.8M
      Jun 23, 2025 to Mar 31, 2026
    • RAUM · $5.7B to $6.8B
      Jun 23, 2025 to Mar 31, 2026
    • Financial planning clients · 0 to 0
      Mar 27, 2025 to Jun 23, 2025
    • Accounts · 13,514 to 14,455
      Jun 14, 2024 to Mar 27, 2025
    • Advisory employees · 10 to 8
      Jun 14, 2024 to Mar 27, 2025
    • Corporate clients · 42 to 43
      Jun 14, 2024 to Mar 27, 2025
    • HNW clients · 1,912 to 1,813
      Jun 14, 2024 to Mar 27, 2025
    • Individual clients · 4,700 to 5,233
      Jun 14, 2024 to Mar 27, 2025
    • Assets in custody · $2.1B to $2.5B
      Jun 14, 2024 to Mar 27, 2025
    • Employees · 13 to 15
      Jun 14, 2024 to Mar 27, 2025
    • State-registered IARs · 13 to 12
      Jun 14, 2024 to Mar 27, 2025
    • Discretionary RAUM · $4.2B to $4.9B
      Jun 14, 2024 to Mar 27, 2025
    • HNW RAUM · $2.4B to $2.4B
      Jun 14, 2024 to Mar 27, 2025
    • Individual RAUM · $2.5B to $3.2B
      Jun 14, 2024 to Mar 27, 2025
    • Non-discretionary RAUM · $769M to $826M
      Jun 14, 2024 to Mar 27, 2025
    • Pension RAUM · $32.4M to $33.5M
      Jun 14, 2024 to Mar 27, 2025
    • RAUM · $4.9B to $5.7B
      Jun 14, 2024 to Mar 27, 2025
    • Accounts · 12,471 to 13,514
      Jan 5, 2024 to Mar 26, 2024
    • BD registered reps · 14 to 13
      Jan 5, 2024 to Mar 26, 2024
    • HNW clients · 1,983 to 1,912
      Jan 5, 2024 to Mar 26, 2024
    • Individual clients · 4,078 to 4,700
      Jan 5, 2024 to Mar 26, 2024
    • Pension plan clients · 23 to 18
      Jan 5, 2024 to Mar 26, 2024
    • Assets in custody · $1.5B to $2.1B
      Jan 5, 2024 to Mar 26, 2024
    • Employees · 14 to 13
      Jan 5, 2024 to Mar 26, 2024
    • Discretionary RAUM · $3.4B to $4.2B
      Jan 5, 2024 to Mar 26, 2024
    • HNW RAUM · $2.1B to $2.4B
      Jan 5, 2024 to Mar 26, 2024
    • Individual RAUM · $1.8B to $2.5B
      Jan 5, 2024 to Mar 26, 2024
    Signals
    10 dated events
    • Ahmed Hassanein (Chief Financial Officer) appeared on Schedule A of S•••••••• I••••••••• A•••••••• L••
      Jun 14, 2024 · Control person joined · fact
    • Talmadge Deron Mccoy (Chief Investment Officer) no longer on Schedule A of S•••••••• I••••••••• A•••••••• L•• (listed 2024-03-26, absent 2024-06-14)
      Jun 14, 2024 · Control person left · inference
    • L••••••• Joseph Fusaro (Director Of Operations) no longer on Schedule A of S•••••••• I••••••••• A•••••••• L•• (listed 2024-03-26, absent 2024-06-14)
      Jun 14, 2024 · Control person left · inference
    • D•••• T• M•••• left S•••••••• I••••••••• A•••••••• L•• for S•••••••• I••••••••• P••••••••• L•• (registered 2015-10-23)
      Apr 17, 2024 · Advisor changed firm · fact
    • R•••• K•••••••• W•••••• left S•••••••• I••••••••• A•••••••• L•• for C•• A•••••••• L•• (registered 2023-03-01)
      Feb 10, 2023 · Advisor changed firm · fact
    • Ralph Milton Berlinski (Managing Member) appeared on Schedule A of S•••••••• I••••••••• A•••••••• L••
      Nov 8, 2022 · Control person joined · fact
    • S•••••••• I••••••••• A•••••••• L•• reported RAUM $4.3B, up 26% from $3.4B (2021-03-29 to 2022-03-29)
      Mar 29, 2022 · RAUM change · derived
    • S•••••••• I••••••••• A•••••••• L•• reported RAUM $3.0B, up 36% from $2.2B (2019-03-25 to 2020-03-30)
      Mar 30, 2020 · RAUM change · derived
    • Christopher Maryanopolis (Chief Operating Officer) appeared on Schedule A of S•••••••• I••••••••• A•••••••• L••
      Mar 30, 2020 · Control person joined · fact
    • S•••••••• I••••••••• A•••••••• L•• reported RAUM $2.0B, up 31% from $1.5B (2017-03-24 to 2018-01-16)
      Jan 16, 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.
    How to reach
    public business contact points only, each with its source
    Business phone
    310-712-2323reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    310-855-3955reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    800-723-5115reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    888-349-3241reportedpublic record, Form ADV, Aug 17, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $520Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026