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

M•• I•••••••• L••

Former SEC-registered adviserNew York, New YorkCRD 161181SEC 801-73257IAPD
Latest filing Mar 26, 2024
First filing on the tape Feb 10, 2012 · 13 filings
RAUM
$487M
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
7
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$386M gross assets
History
13 filings and snapshots on the tape
RAUM$487M as of Mar 26, 2024
Mar 15, 2013$927M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2024
Mar 15, 20132 then
Employees (5.A)7 as of Mar 26, 2024
Mar 15, 201315 then
Private funds1 as of Mar 26, 2024
Mar 15, 20131 then
RAUM -48% over the last fiscal year-23% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 2024; 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
$162MderivedRAUM 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
-48%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 businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$386M79%
  • Investment companies$92.0M19%
  • Corporations and businesses$9.0M1.8%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      M•• P•••••••• L•••Hedge Fund$386M1Feb 10, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • L••••• T••••••• E••••• · General Counsel And Vice President; Chief Compliance Officercontrol
        since 12/2008 · owns less than 5%
      • L••••• E••••• F•••••• · Chief Financial Officercontrol
        since 10/2014 · owns less than 5%
      • P••••• J•••••••• C••• · Managing Director; Managing Membercontrol
        since 05/2022 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 1 to 3
        Mar 31, 2023 to Mar 26, 2024
      • Advisory employees · 7 to 4
        Mar 31, 2023 to Mar 26, 2024
      • Advisory activities · 1 to 3
        Mar 31, 2023 to Mar 26, 2024
      • Corporate clients · unset to 1.0
        Mar 31, 2023 to Mar 26, 2024
      • Assets in custody · $937M to $0
        Mar 31, 2023 to Mar 26, 2024
      • Employees · 13 to 7
        Mar 31, 2023 to Mar 26, 2024
      • Discretionary RAUM · $937M to $487M
        Mar 31, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $937M to $386M
        Mar 31, 2023 to Mar 26, 2024
      • RAUM · $937M to $487M
        Mar 31, 2023 to Mar 26, 2024
      • Advisory employees · 5 to 7
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $1.3B to $937M
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 8 to 13
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.3B to $937M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.3B to $937M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $1.3B to $937M
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 8 to 5
        Mar 22, 2021 to Mar 31, 2022
      • Assets in custody · $1.1B to $1.3B
        Mar 22, 2021 to Mar 31, 2022
      • Employees · 11 to 8
        Mar 22, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.1B to $1.3B
        Mar 22, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $1.1B to $1.3B
        Mar 22, 2021 to Mar 31, 2022
      • RAUM · $1.1B to $1.3B
        Mar 22, 2021 to Mar 31, 2022
      • Advisory employees · 9 to 8
        Mar 10, 2020 to Mar 22, 2021
      • Assets in custody · $1.1B to $1.1B
        Mar 10, 2020 to Mar 22, 2021
      • Employees · 12 to 11
        Mar 10, 2020 to Mar 22, 2021
      • Discretionary RAUM · $1.1B to $1.1B
        Mar 10, 2020 to Mar 22, 2021
      • Pooled vehicle RAUM · $1.1B to $1.1B
        Mar 10, 2020 to Mar 22, 2021
      • RAUM · $1.1B to $1.1B
        Mar 10, 2020 to Mar 22, 2021
      • Individual clients · 0.0 to unset
        Mar 29, 2019 to Mar 10, 2020
      • Assets in custody · $1.2B to $1.1B
        Mar 29, 2019 to Mar 10, 2020
      • Employees · 13 to 12
        Mar 29, 2019 to Mar 10, 2020
      • Discretionary RAUM · $1.0B to $1.1B
        Mar 29, 2019 to Mar 10, 2020
      • Pooled vehicle RAUM · $1.0B to $1.1B
        Mar 29, 2019 to Mar 10, 2020
      • RAUM · $1.0B to $1.1B
        Mar 29, 2019 to Mar 10, 2020
      • Discretionary RAUM · $1.2B to $1.0B
        Mar 29, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $1.2B to $1.0B
        Mar 29, 2018 to Mar 29, 2019
      • RAUM · $1.2B to $1.0B
        Mar 29, 2018 to Mar 29, 2019
      • Individual clients · unset to 0.0
        Mar 23, 2017 to Mar 29, 2018
      • Pooled vehicle clients · unset to 1.0
        Mar 23, 2017 to Mar 29, 2018
      • Assets in custody · $1.1B to $1.2B
        Mar 23, 2017 to Mar 29, 2018
      • Other offices · unset to 0.0
        Mar 23, 2017 to Mar 29, 2018
      Signals
      4 dated events
      • M•• I•••••••• L•• reported RAUM $487.0M, down 48% from $937.0M (2023-03-31 to 2024-03-26)
        Mar 26, 2024 · RAUM change · derived
      • M•• I•••••••• L•• reported RAUM $937.0M, down 26% from $1.3B (2022-03-31 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Francis Michael Price (Managing Member, Chief Executive Officer) no longer on Schedule A of M•• I•••••••• L•• (listed 2021-03-22, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Cook Jennifer Price (Managing Director) appeared on Schedule A of M•• I•••••••• L••
        Mar 31, 2022 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      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