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

M•• C••••••• L••

Asset manager (funds and pooled vehicles)Newport Beach, CaliforniaCRD 160782SEC 801-73837websiteIAPD
Latest filing Mar 12, 2026
First filing on the tape Feb 14, 2012 · 23 filings
SEC status approved since Mar 10, 2012
RAUM
$590M
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
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$590M as of Mar 12, 2026
Apr 1, 2013$543M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 12, 2026
Apr 1, 20130 then
Employees (5.A)3 as of Mar 12, 2026
Apr 1, 201310 then
Private funds1 as of Mar 12, 2026
Apr 1, 20134 then
RAUM -44% over the last fiscal year-12% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 12, 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
$197MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-44%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
$590M, 3 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$590M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$590M for 3 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=true 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
      11 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      M•• M••••• F•••• L•••Hedge Fund$1.2B24Feb 14, 2012
      M•• O•••••• F•••• L•••no longer reportedHedge Fund$167M9Feb 14, 2012
      M•• D••••••••• F•••• L•••no longer reportedHedge Fund$20.0M1Feb 14, 2012
      M•• S••••• S••••• F•••• L•••no longer reportedHedge Fund$8.4M1Feb 14, 2012
      M•• O••••••• F•••• L•••no longer reportedHedge Fund$5.9M2Feb 14, 2012
      M•• U• S•••• C••• L•••no longer reportedHedge Fund$5.2M1Feb 14, 2012
      M•• D••••••••• O••••••• F•••• L•••no longer reportedHedge Fund$2.5M1Mar 30, 2015
      M•• L••• O••••••••• M••••• F•••• L••no longer reportedHedge Fund$1.0M1Feb 3, 2022
      M•• C•••••• V• F•••• L•••Venture Capital Fund$01Feb 27, 2020
      M•• U• L•••• C••• L•••no longer reportedHedge Fund$00Feb 14, 2012
      M•• G••••• F•••• L•••no longer reportedHedge Fund$00Feb 14, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • L••••• J•••• A••••• · Chief Financial Officercontrol
        since 01/2024 · owns less than 5%
      • M•••••• G••••••• V••••• · Manager; Trustee Of The F••••• 2••• M••••••••• T•••• And The L••••• M••••• G•• 0• T••••control
        since 08/2003 · owns less than 5%
      • M•••••• P•••• P••••• · Manager; Trustee Of The F••••• 2••• M••••••••• T•••• And The P••• M••••• G•• 0• T••••control
        since 08/2003 · owns less than 5%
      • M•••••• R••••••• P••• · Chief Executive Officer; Manager; Trustee Of The F••••• 2••• M••••••••• T•••• And The E•••••••• M••••• G•• 0• T••••control
        since 08/2003 · owns less than 5%
      • T••••• R•••• M•••••• · Chief Compliance Officer And Chief Operating Officercontrol
        since 05/2022 · owns less than 5%
      • M•••••• G••••••• V••••• · Trusteecontrol
        since 08/2005 · owns F of F••••• 2••• M••••••••• T••••
      • M•••••• G••••••• V••••• · Trusteecontrol
        since 09/2009 · owns F of L••••• M••••• G•• 0• T••••
      • M•••••• P•••• P••••• · Trusteecontrol
        since 08/2005 · owns F of F••••• 2••• M••••••••• T•••• And P••• M••••• G•• 0• T••••
      • M•••••• R••••••• P••• · Trusteecontrol
        since 08/2005 · owns F of F••••• 2••• M••••••••• T••••
      • M•••••• R••••••• P••• · Trusteecontrol
        since 09/2009 · owns F of E•••••••• M••••• G•• 0• T••••
      Entity owners
      • F••••• 2••• M••••••••• T•••• · Member
        direct · owns less than 5%
      • E•••••••• M••••• G•• 0• T•••• · Member
        direct · owns 50% to 75%
      • L••••• M••••• G•• 0• T•••• · Member
        direct · owns 10% to 25%
      • P••• M••••• G•• 0• T•••• · Member
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • D•••• A•••• A•••••••• L••
        investment adviserpooled vehicle sponsorn
      • M•• C•••••• A•••••••• L••
        investment adviserbankpooled vehicle sponsorn
      • M•• C•••••• V• G•• L••
        pooled vehicle sponsory
      • M•• P•••••• E•••••• L••
        investment advisern
      • M•• R••• E•••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM down 25 %Change between filings · filing Mar 12, 2026
        RAUM (Item 5.F) moved from $1,048,708,835 to $589,549,983 (-44.0%) between the annual amendments of 2025-03-21 and 2026-03-12; the peer median change was +8.0% (672 comparable advisers, 2.0th percentile of changes)
        peers: asset managers, $500M to $1B (672) · 2.1% percentile
      What changed
      consecutive filings, newest first
      • Advisory employees · 4 to 1
        Mar 21, 2025 to Feb 26, 2026
      • Assets in custody · $1.0B to $590M
        Mar 21, 2025 to Feb 26, 2026
      • Employees · 6 to 3
        Mar 21, 2025 to Feb 26, 2026
      • Discretionary RAUM · $1.0B to $590M
        Mar 21, 2025 to Feb 26, 2026
      • Pooled vehicle RAUM · $1.0B to $590M
        Mar 21, 2025 to Feb 26, 2026
      • RAUM · $1.0B to $590M
        Mar 21, 2025 to Feb 26, 2026
      • Accounts · 4 to 3
        Mar 19, 2024 to Mar 21, 2025
      • Pooled vehicle clients · 4 to 3
        Mar 19, 2024 to Mar 21, 2025
      • Assets in custody · $1.2B to $1.0B
        Mar 19, 2024 to Mar 21, 2025
      • Financial planning clients · unset to
        Mar 19, 2024 to Mar 21, 2025
      • Private funds · 2 to 1
        Mar 19, 2024 to Mar 21, 2025
      • Discretionary RAUM · $1.2B to $1.0B
        Mar 19, 2024 to Mar 21, 2025
      • Pooled vehicle RAUM · $1.2B to $1.0B
        Mar 19, 2024 to Mar 21, 2025
      • RAUM · $1.2B to $1.0B
        Mar 19, 2024 to Mar 21, 2025
      • Assets in custody · $860M to $1.2B
        Mar 20, 2023 to Mar 19, 2024
      • Employees · 8 to 6
        Mar 20, 2023 to Mar 19, 2024
      • Discretionary RAUM · $860M to $1.2B
        Mar 20, 2023 to Mar 19, 2024
      • Pooled vehicle RAUM · $860M to $1.2B
        Mar 20, 2023 to Mar 19, 2024
      • RAUM · $860M to $1.2B
        Mar 20, 2023 to Mar 19, 2024
      • Accounts · 6 to 4
        Oct 12, 2022 to Mar 20, 2023
      • Advisory employees · 6 to 4
        Oct 12, 2022 to Mar 20, 2023
      • Pooled vehicle clients · 6 to 4
        Oct 12, 2022 to Mar 20, 2023
      • Assets in custody · $1.4B to $860M
        Oct 12, 2022 to Mar 20, 2023
      • Employees · 12 to 8
        Oct 12, 2022 to Mar 20, 2023
      • Private funds · 3 to 2
        Oct 12, 2022 to Mar 20, 2023
      • Discretionary RAUM · $1.4B to $860M
        Oct 12, 2022 to Mar 20, 2023
      • Pooled vehicle RAUM · $1.4B to $860M
        Oct 12, 2022 to Mar 20, 2023
      • RAUM · $1.4B to $860M
        Oct 12, 2022 to Mar 20, 2023
      • Accounts · 5 to 6
        Feb 3, 2022 to Mar 30, 2022
      • Pooled vehicle clients · 4 to 6
        Feb 3, 2022 to Mar 30, 2022
      • Assets in custody · $1.6B to $1.4B
        Feb 3, 2022 to Mar 30, 2022
      • Custody of client assets · false to true
        Feb 3, 2022 to Mar 30, 2022
      • Employees · 14 to 12
        Feb 3, 2022 to Mar 30, 2022
      • Discretionary RAUM · $1.7B to $1.4B
        Feb 3, 2022 to Mar 30, 2022
      • Pooled vehicle RAUM · $1.6B to $1.4B
        Feb 3, 2022 to Mar 30, 2022
      • RAUM · $1.7B to $1.4B
        Feb 3, 2022 to Mar 30, 2022
      • Private funds · 2 to 3
        Nov 2, 2021 to Feb 3, 2022
      • Accounts · 2 to 5
        Mar 26, 2020 to Mar 30, 2021
      • Advisory employees · 8 to 6
        Mar 26, 2020 to Mar 30, 2021
      • Pooled vehicle clients · 2 to 4
        Mar 26, 2020 to Mar 30, 2021
      Signals
      9 dated events
      • M•• C••••••• L•• reported RAUM $589.5M, down 44% from $1.0B (2025-03-21 to 2026-02-26)
        Feb 26, 2026 · RAUM change · derived
      • M•• C••••••• L•• reported RAUM $1.2B, up 38% from $859.6M (2023-03-20 to 2024-03-19)
        Mar 19, 2024 · RAUM change · derived
      • A••••• J••• L•••• (Chief Financial Officer) appeared on Schedule A of M•• C••••••• L••
        Mar 19, 2024 · Control person joined · fact
      • M•• C••••••• L•• reported RAUM $859.6M, down 38% from $1.4B (2022-10-12 to 2023-03-20)
        Mar 20, 2023 · RAUM change · derived
      • K Peter Ashby (Chief Operating Officer And Chief Compliance Officer) no longer on Schedule A of M•• C••••••• L•• (listed 2022-03-30, absent 2022-05-17)
        May 17, 2022 · Control person left · inference
      • Michael Ryan Tyler (Chief Compliance Officer And Chief Operating Officer) appeared on Schedule A of M•• C••••••• L••
        May 17, 2022 · Control person joined · fact
      • M•• C••••••• L•• reported RAUM $1.6B, up 51% from $1.0B (2019-03-29 to 2020-02-27)
        Feb 27, 2020 · RAUM change · derived
      • K Peter Ashby (Chief Operating Officer And Chief Compliance Officer) appeared on Schedule A of M•• C••••••• L••
        Mar 29, 2019 · Control person joined · fact
      • Scott Jeffrey A•••••s (Chief Operating Officer And Chief Compliance Officer) no longer on Schedule A of M•• C••••••• L•• (listed 2018-03-29, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      w••.m•••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      949-474-5800reportedpublic record, Form ADV, Mar 12, 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