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

F••• P••••• C•••••• L••

Asset manager (funds and pooled vehicles)Winston-Salem, North CarolinaCRD 160792SEC 801-73796websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Feb 14, 2012 · 24 filings
SEC status approved since Mar 20, 2012
RAUM
$1.4B
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
26
15 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
14
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$1.4B as of Mar 30, 2026
Mar 28, 2013$470M then
HNW client RAUM$0 as of Mar 30, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 28, 20130 then
Employees (5.A)26 as of Mar 30, 2026
Mar 28, 201317 then
Private funds14 as of Mar 30, 2026
Mar 28, 20135 then
RAUM +18% over the last fiscal year+3.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$103MderivedRAUM 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
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
+18%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, otherreportedItem 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.4B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
14reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, fixedreported
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
      13 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      F••• P••••• C••••• S••• I•• L•Other Private Fund$361M107Mar 30, 2022
      F••• P••••• M•••••••• F••• I••• L•Other Private Fund$292M67Mar 29, 2016
      F••• P••••• C•••••• P••••••• I•• L•••Other Private Fund$236M2Mar 28, 2019
      F••• P••••• S•••• B••••• S••••••••• I•• L•Private Equity Fund$101M97Mar 28, 2019
      F••• P••••• S•••• B••••• S••••••••• I••• L•Private Equity Fund$78.7M90Mar 31, 2017
      F••• P••••• S•••• B••••• S••••••••• I• L••Private Equity Fund$78.0M16Feb 14, 2012
      F••• P••••• S•••• B••••• S••••••••• I•• L••Private Equity Fund$43.4M22Aug 1, 2013
      B••• C•••••• P•••••••• L•••••Private Equity Fund$18.4M2Feb 14, 2012
      R••••••• C••••••• S•• L••Private Equity Fund$10.0M1Mar 27, 2024
      B••• C•••••• P•••••••• W•••••• M•••••••• F•••• L••no longer reportedOther Private Fund$9.3M29Feb 14, 2012
      B••• C•••••• P••••••• M•••••••• F••• I•• L•Private Equity Fund$2.1M29Feb 14, 2012
      B••• C•••••• P••••••• I•• L•••••Private Equity Fund$1.7M2Feb 14, 2012
      F••• P••••• S•• C••••••••• A• L•Private Equity Fund$126,6621Mar 31, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• J•••••••• B•••••• · Elected M••••••control
        since 04/2020 · owns less than 5%
      • E••••••• S••••••• W•••••••• · Elected M••••••control
        since 04/2020 · owns less than 5%
      • S••••••••• L•••• A••••••• · Elected M••••••control
        since 03/2024 · owns less than 5%
      • S•••• S••••• L••••••• · Elected M••••••control
        since 04/2020 · owns less than 5%
      • W••••• M•••••••• C••••••• · Elected M••••••control
        since 04/2020 · owns less than 5%
      • C••••• B•••• T••••• · Cfo/Cco
        since 02/2012 · owns less than 5%
      Entity owners
      • P•• I••••••••• H••••••• L•• · Owner
        direct · owns 75% or more
      • P•• H••••••• I••• · Owner Of P•• I••••••••• H••••••• L••
        indirect · owns 75% or more of P•• I••••••••• H••••••• L••
      • P••• I••• · Owner Of P•• H••••••• I•••
        indirect · owns 75% or more of P•• H••••••• I••• · public reporting company
      Related persons
      Schedule D 7.A
      • A•• H••• C•••••• I• G•• L••
        pooled vehicle sponsorn
      • A•• H••• E••••••• I••••••• H••••••• I•• L••
        pooled vehicle sponsorn
      • B•••••••• C•••••• A•••••••• L••
        investment advisern
      • B•••••••• C•••••• C•••••• I• S•• R•••
        pooled vehicle sponsorn
      • B•••••••• C•••••• C•••••• I•• L••
        pooled vehicle sponsorn
      • B•••••••• C•••••• C••••••• L•••
        pooled vehicle sponsorn
      • C• P•••••• C•••••• G•• L••
        pooled vehicle sponsorn
      • C• P•••••• C•••••• I• G•• L••
        pooled vehicle sponsorn
      • C•• E•••••••• F••• I• C••••••••• G•• L••
        pooled vehicle sponsorn
      • E••••••• C•••••• F••••••• L••
        pooled vehicle sponsorn
      • E••••••• S•••• B••••••• I••••••••• C•••••• G•• L••
        pooled vehicle sponsorn
      • F••• P••••• A••••••• I••• L•
        pooled vehicle sponsorn
      • F••• P••••• A••••••• I•• L•
        pooled vehicle sponsorn
      • F••• P••••• E••••• A••••••• I•• L••
        pooled vehicle sponsorn
      • F••• P••••• M••••••••• I••• L••
        pooled vehicle sponsorn
      • F••• P••••• M••••••••• I•• L••
        pooled vehicle sponsorn
      • F••• P••••• M•••••••• A••••••• I••• L••
        pooled vehicle sponsorn
      • F•••••• E••••• A•••••••• L••
        pooled vehicle sponsorn
      • F• C••••• S••• G• I•• L••
        pooled vehicle sponsorn
      • H••• C•••••• A•••••••• L••
        investment advisern
      • H••• C•••••• I•• G•• L••
        pooled vehicle sponsorn
      • H••• C•••••• I• G•• L••
        pooled vehicle sponsorn
      • P•• A•••••••• L••
        pooled vehicle sponsorn
      • P•• C••••••• I••••• F••• O•••••••• L••
        pooled vehicle sponsorn
      • P•• C••••••• I••••• F••• O••••••• L••
        pooled vehicle sponsorn
      • P•• A••••••• B••••• F••• I• G•• S•• R•••
        pooled vehicle sponsorn
      • P••••••• A•••••••• L••
        pooled vehicle sponsorn
      • P•• S•• I• G•• L••
        pooled vehicle sponsorn
      • R•• A••••••• 2• C••• L••
        pooled vehicle sponsorn
      • R•• A••••••• 2• L••
        investment advisernRAUM $18B
      Advisers that list F••• P••••• C•••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • W••••••-Salem, NC15 employees
      • , 1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • large related person networkStatic outlier · filing Mar 30, 2026
        related persons on Schedule D 7.A of 167.0 against a peer median of 7.0 (850 comparable advisers, 99.0th percentile, 36.0 robust deviations)
        peers: ASSET_M••••••, $1B to $5B (850) · 99% percentile
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $1.2B to $1.4B
        Nov 20, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $1.2B to $1.4B
        Nov 20, 2025 to Mar 30, 2026
      • RAUM · $1.2B to $1.4B
        Nov 20, 2025 to Mar 30, 2026
      • Employees · 32 to 26
        Mar 31, 2025 to Nov 20, 2025
      • Accounts · 12 to 14
        Mar 27, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 12 to 14
        Mar 27, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 31, 2025
      • Private funds · 12 to 14
        Mar 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.2B to $1.2B
        Mar 27, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.2B to $1.2B
        Mar 27, 2024 to Mar 31, 2025
      • RAUM · $1.2B to $1.2B
        Mar 27, 2024 to Mar 31, 2025
      • Accounts · 11 to 12
        Mar 31, 2023 to Mar 27, 2024
      • Advisory employees · 20 to 15
        Mar 31, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 11 to 12
        Mar 31, 2023 to Mar 27, 2024
      • Employees · 28 to 32
        Mar 31, 2023 to Mar 27, 2024
      • Other offices · 1 to 3
        Mar 31, 2023 to Mar 27, 2024
      • Private funds · 11 to 12
        Mar 31, 2023 to Mar 27, 2024
      • Discretionary RAUM · $1.3B to $1.2B
        Mar 31, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $1.3B to $1.2B
        Mar 31, 2023 to Mar 27, 2024
      • RAUM · $1.3B to $1.2B
        Mar 31, 2023 to Mar 27, 2024
      • Business name · F••• P••••• C••••••• I••• to F••• P••••• C•••••• L••
        Feb 8, 2023 to Mar 31, 2023
      • Legal name · F••• P••••• C••••••• I••• to F••• P••••• C•••••• L••
        Feb 8, 2023 to Mar 31, 2023
      • Discretionary RAUM · $1.5B to $1.3B
        Feb 8, 2023 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.5B to $1.3B
        Feb 8, 2023 to Mar 31, 2023
      • RAUM · $1.5B to $1.3B
        Feb 8, 2023 to Mar 31, 2023
      • Organization form · Corporation to Limited Liability Company
        Oct 25, 2022 to Feb 8, 2023
      • Other offices · 0 to 1
        Mar 30, 2022 to Oct 25, 2022
      • Accounts · 10 to 11
        Mar 30, 2021 to Mar 30, 2022
      • Pooled vehicle clients · 10 to 11
        Mar 30, 2021 to Mar 30, 2022
      • Employees · 26 to 28
        Mar 30, 2021 to Mar 30, 2022
      • Private funds · 10 to 11
        Mar 30, 2021 to Mar 30, 2022
      • Discretionary RAUM · $1.1B to $1.5B
        Mar 30, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $1.1B to $1.5B
        Mar 30, 2021 to Mar 30, 2022
      • RAUM · $1.1B to $1.5B
        Mar 30, 2021 to Mar 30, 2022
      • Advisory employees · 19 to 20
        Apr 10, 2020 to Mar 30, 2021
      • Employees · 25 to 26
        Apr 10, 2020 to Mar 30, 2021
      • Discretionary RAUM · $1.1B to $1.1B
        Apr 10, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $1.1B to $1.1B
        Apr 10, 2020 to Mar 30, 2021
      • RAUM · $1.1B to $1.1B
        Apr 10, 2020 to Mar 30, 2021
      • Advisory employees · 18 to 19
        Apr 9, 2020 to Apr 10, 2020
      Signals
      12 dated events
      • Fritz William Souder (Elected Manager) no longer on Schedule A of F••• P••••• C•••••• L•• (listed 2023-03-31, absent 2024-03-27)
        Mar 27, 2024 · Control person left · inference
      • Aloysius Luke Sarsfield (Elected Manager) appeared on Schedule A of F••• P••••• C•••••• L••
        Mar 27, 2024 · Control person joined · fact
      • F••• P••••• C•••••• L•• reported RAUM $1.5B, up 31% from $1.1B (2021-03-30 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Fritz William Souder (Elected Manager) appeared on Schedule A of F••• P••••• C•••••• L••
        Apr 9, 2020 · Control person joined · fact
      • Whitfield Stewart Edwards (Elected Manager) appeared on Schedule A of F••• P••••• C•••••• L••
        Apr 9, 2020 · Control person joined · fact
      • Lawrence Scott Snow (Elected Manager) appeared on Schedule A of F••• P••••• C•••••• L••
        Apr 9, 2020 · Control person joined · fact
      • Comstock Marshall White (Elected Manager) appeared on Schedule A of F••• P••••• C•••••• L••
        Apr 9, 2020 · Control person joined · fact
      • Bennett Jonathan Blanco (Elected Manager) appeared on Schedule A of F••• P••••• C•••••• L••
        Apr 9, 2020 · Control person joined · fact
      • Gray David Townsend (President) no longer on Schedule A of F••• P••••• C•••••• L•• (listed 2020-03-20, absent 2020-04-09)
        Apr 9, 2020 · Control person left · inference
      • Hoadley Thomas Westbrook (Vice President) no longer on Schedule A of F••• P••••• C•••••• L•• (listed 2020-03-20, absent 2020-04-09)
        Apr 9, 2020 · Control person left · inference
      • Paul Martin Gilmore (Secretary/Vice President) no longer on Schedule A of F••• P••••• C•••••• L•• (listed 2020-03-20, absent 2020-04-09)
        Apr 9, 2020 · Control person left · inference
      • Nicholas Christopher Jones (Vice President) no longer on Schedule A of F••• P••••• C•••••• L•• (listed 2020-03-20, absent 2020-04-09)
        Apr 9, 2020 · 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
      Firm profile
      LINKEDIN.COM/COMPANY/F•••P•••••CAPITALreportedpublic record, Form ADV, Sep 18, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/R•••••••-EQUITY-PARTNERSreportedpublic record, Form ADV, Sep 18, 2026
      Website
      R•••••••EQUITY.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      336-733-0350reportedpublic 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026