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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

P•••••• V••• A•••• M••••••••• L••

Former SEC-registered adviserSan Francisco, CaliforniaCRD 161071SEC 801-109947IAPD
Latest filing Mar 22, 2019
First filing on the tape May 14, 2012 · 21 filings
RAUM
$149M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
3.1%
$4.7M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
19
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$13.4M gross assets
History
21 filings and snapshots on the tape
RAUM$149M as of Mar 22, 2019
Mar 27, 2013$3.1M then
HNW client RAUM$4.7M as of Mar 22, 2019
Mar 28, 2018$5.2M then
State-registered IARs (5.B.3)2 as of Mar 22, 2019
Mar 27, 20130 then
Employees (5.A)19 as of Mar 22, 2019
Mar 27, 201317 then
Private funds1 as of Mar 22, 2019
Mar 28, 20182 then
RAUM -26% over the last fiscal yearIARs 4 to 2offices 2 to 0
Practice profile
derived from the filing of Mar 22, 2019; every figure names its basis
RAUM per advisor
$74.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$388,417derivedHNW RAUM over HNW clients
Average account
$8.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
37%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
9.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-26%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Ownership
controlled by a public reporting companyderived
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$69.2M47%
  • State and municipal entities$55.5M38%
  • Investment companies$18.6M13%
  • High-net-worth individuals$4.7M3.2%
Individual clients
n/areported
HNW clients
12reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
18reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, 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
Private funds
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
P••• I••••••••• S•••• C•• F•••• L•••no longer reportedOther Private Fund$4.7M13May 24, 2013
P••• G••••• I••••••••• F•••• L••Hedge Fund$834,7511Mar 8, 2017
Owners and control persons
Schedule A and B, latest filing
  • D••••••• S•••••• A••••• · Chief Operating Officer/Chief Compliance Officercontrol
    since 04/2012 · owns less than 5%
  • A•••••• M••••••• L• · Member
    since 01/2014 · owns 5% to 10%
  • B••••••••• J••••• L•••••• · Member
    since 09/2014 · owns 10% to 25%
  • E•••••• B••••• K•••••• · Chief Financial Officer
    since 07/2012 · owns less than 5%
  • L••••••• D••••• A•••• · Member
    since 09/2014 · owns 10% to 25%
Entity owners
  • C••••• T•••••• L• · Managing Member
    direct · owns 25% to 50%
  • C••••• G•• L•• · General Partner
    indirect · owns F of C••••• T•••••• L•
Related persons
Schedule D 7.A
  • B••• A•••••••• L••••••
    broker-dealern
  • B••• H••• K••• L••••••
    broker-dealern
  • B••• L••••••
    broker-dealern
  • B••• S•••••••• P•• L•••
    broker-dealern
  • B•••• L••
    broker-dealern
  • Perlus Investment Management Llp
    investment adviseryRAUM $69.1M
  • P•••••• V••• V•••••••• L••
    pooled vehicle sponsory
  • P••• A••••••• A•••••••• L••
    pooled vehicle sponsory
  • P••• A••••••• M••••••••• L••
    pooled vehicle sponsory
  • P••• L••••••
    pooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 20 to 18
    Dec 6, 2018 to Mar 22, 2019
  • Advisory employees · 6 to 5
    Dec 6, 2018 to Mar 22, 2019
  • BD registered reps · 5 to 4
    Dec 6, 2018 to Mar 22, 2019
  • Pooled vehicle clients · 3 to 2
    Dec 6, 2018 to Mar 22, 2019
  • Employees · 23 to 19
    Dec 6, 2018 to Mar 22, 2019
  • Insurance-licensed employees · 1 to 0
    Dec 6, 2018 to Mar 22, 2019
  • State-registered IARs · 4 to 2
    Dec 6, 2018 to Mar 22, 2019
  • Other offices · 2 to 0
    Dec 6, 2018 to Mar 22, 2019
  • Private funds · 2 to 1
    Dec 6, 2018 to Mar 22, 2019
  • Discretionary RAUM · $201M to $149M
    Dec 6, 2018 to Mar 22, 2019
  • HNW RAUM · $5.2M to $4.7M
    Dec 6, 2018 to Mar 22, 2019
  • Pooled vehicle RAUM · $112M to $69.2M
    Dec 6, 2018 to Mar 22, 2019
  • RAUM · $201M to $149M
    Dec 6, 2018 to Mar 22, 2019
  • Accounts · 25 to 20
    Aug 16, 2017 to Mar 28, 2018
  • HNW clients · unset to 12.0
    Aug 16, 2017 to Mar 28, 2018
  • Pooled vehicle clients · unset to 3.0
    Aug 16, 2017 to Mar 28, 2018
  • Employees · 22 to 23
    Aug 16, 2017 to Mar 28, 2018
  • Other offices · unset to 2.0
    Aug 16, 2017 to Mar 28, 2018
  • Discretionary RAUM · $216M to $201M
    Aug 16, 2017 to Mar 28, 2018
  • HNW RAUM · unset to 5160864.0
    Aug 16, 2017 to Mar 28, 2018
  • Pooled vehicle RAUM · unset to 112112576.0
    Aug 16, 2017 to Mar 28, 2018
  • RAUM · $216M to $201M
    Aug 16, 2017 to Mar 28, 2018
  • Accounts · 19 to 25
    Mar 8, 2017 to Jul 14, 2017
  • Advisory activities · 3 to 4
    Mar 8, 2017 to Jul 14, 2017
  • Employees · 21 to 22
    Mar 8, 2017 to Jul 14, 2017
  • Discretionary RAUM · $119M to $216M
    Mar 8, 2017 to Jul 14, 2017
  • RAUM · $119M to $216M
    Mar 8, 2017 to Jul 14, 2017
  • Accounts · 16 to 19
    Jan 27, 2017 to Mar 8, 2017
  • Advisory employees · 5 to 6
    Jan 27, 2017 to Mar 8, 2017
  • Employees · 18 to 21
    Jan 27, 2017 to Mar 8, 2017
  • Insurance-licensed employees · 0 to 1
    Jan 27, 2017 to Mar 8, 2017
  • State-registered IARs · 3 to 4
    Jan 27, 2017 to Mar 8, 2017
  • Private funds · 1 to 2
    Jan 27, 2017 to Mar 8, 2017
  • Discretionary RAUM · $116M to $119M
    Jan 27, 2017 to Mar 8, 2017
  • RAUM · $116M to $119M
    Jan 27, 2017 to Mar 8, 2017
  • Accounts · 7 to 16
    Dec 26, 2013 to Jan 27, 2017
  • Advisory employees · 6 to 5
    Dec 26, 2013 to Jan 27, 2017
  • BD registered reps · 3 to 5
    Dec 26, 2013 to Jan 27, 2017
  • Employees · 19 to 18
    Dec 26, 2013 to Jan 27, 2017
  • State-registered IARs · 4 to 3
    Dec 26, 2013 to Jan 27, 2017
Signals
2 dated events
  • Robert Steven Starker (Member) no longer on Schedule A of P•••••• V••• A•••• M••••••••• L•• (listed 2018-12-06, absent 2019-03-22)
    Mar 22, 2019 · Control person left · inference
  • P•••••• V••• A•••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Jan 27, 2017 · 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