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

S• P•••••••

Former SEC-registered adviserClinton, New JerseyCRD 161483SEC 801-73613IAPD
Latest filing Mar 31, 2023
First filing on the tape Feb 14, 2012 · 14 filings
RAUM
$27.5M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
14%
$3.8M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
$23.6M gross assets
History
14 filings and snapshots on the tape
RAUM$27.5M as of Mar 31, 2023
Mar 28, 2013$50.8M then
HNW client RAUM$3.8M as of Mar 31, 2023
Mar 27, 2019$3.0M then
State-registered IARs (5.B.3)0 as of Mar 31, 2023
Mar 28, 20130 then
Employees (5.A)2 as of Mar 31, 2023
Mar 28, 20133 then
Private funds1 as of Mar 31, 2023
Mar 28, 20131 then
RAUM -21% over the last fiscal year-3.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2023; 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
$1.9MderivedHNW RAUM over HNW clients
Average account
$9.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
86%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-21%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, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$23.6M, 1 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$23.6M86%
  • High-net-worth individuals$3.8M14%
Individual clients
n/areported
HNW clients
2reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$23.6M for 1 clientsreported
Compensation
% of AUM, fixed, 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
      S•••• P•••••••• L• P•Hedge Fund$23.6M13Feb 14, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • L•••••• M•••••• E• · General Partnercontrol
        since 01/2011 · owns 25% to 50%
      • Y••••• M••••••• D•••••• · General Partnercontrol
        since 01/2011 · owns 25% to 50%
      • M•••••• D••••••• A•• · Chief Compliance Officer
        since 03/2012 · owns less than 5%
      Related persons
      Schedule D 7.A
      Advisers that list S• P••••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Assets in custody · $30.3M to $23.6M
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $30.3M to $23.6M
        Mar 31, 2022 to Mar 31, 2023
      • HNW RAUM · $4.6M to $3.8M
        Mar 31, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $4.6M to $3.8M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $30.3M to $23.6M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $34.9M to $27.5M
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $27.7M to $30.3M
        Mar 30, 2021 to Mar 31, 2022
      • Discretionary RAUM · $27.7M to $30.3M
        Mar 30, 2021 to Mar 31, 2022
      • HNW RAUM · $3.7M to $4.6M
        Mar 30, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $3.7M to $4.6M
        Mar 30, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $27.7M to $30.3M
        Mar 30, 2021 to Mar 31, 2022
      • RAUM · $31.4M to $34.9M
        Mar 30, 2021 to Mar 31, 2022
      • Assets in custody · $26.3M to $27.7M
        Mar 30, 2020 to Mar 30, 2021
      • Discretionary RAUM · $26.3M to $27.7M
        Mar 30, 2020 to Mar 30, 2021
      • HNW RAUM · $3.8M to $3.7M
        Mar 30, 2020 to Mar 30, 2021
      • Non-discretionary RAUM · $3.8M to $3.7M
        Mar 30, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $26.3M to $27.7M
        Mar 30, 2020 to Mar 30, 2021
      • RAUM · $30.1M to $31.4M
        Mar 30, 2020 to Mar 30, 2021
      • Assets in custody · $22.5M to $26.3M
        Mar 29, 2019 to Mar 30, 2020
      • Discretionary RAUM · $22.5M to $26.3M
        Mar 29, 2019 to Mar 30, 2020
      • HNW RAUM · $3.0M to $3.8M
        Mar 29, 2019 to Mar 30, 2020
      • Non-discretionary RAUM · $3.0M to $3.8M
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $22.5M to $26.3M
        Mar 29, 2019 to Mar 30, 2020
      • RAUM · $25.4M to $30.1M
        Mar 29, 2019 to Mar 30, 2020
      • Accounts · 1 to 3
        Mar 29, 2018 to Mar 27, 2019
      • Advisory activities · 2 to 3
        Mar 29, 2018 to Mar 27, 2019
      • HNW clients · unset to 2.0
        Mar 29, 2018 to Mar 27, 2019
      • Assets in custody · $28.1M to $22.5M
        Mar 29, 2018 to Mar 27, 2019
      • Financial planning clients · unset to 0
        Mar 29, 2018 to Mar 27, 2019
      • Discretionary RAUM · $28.1M to $22.5M
        Mar 29, 2018 to Mar 27, 2019
      • HNW RAUM · unset to 2965000.0
        Mar 29, 2018 to Mar 27, 2019
      • Non-discretionary RAUM · $0 to $3.0M
        Mar 29, 2018 to Mar 27, 2019
      • Pooled vehicle RAUM · $28.1M to $22.5M
        Mar 29, 2018 to Mar 27, 2019
      • RAUM · $28.1M to $25.4M
        Mar 29, 2018 to Mar 27, 2019
      • Advisory employees · 3 to 2
        Mar 31, 2017 to Mar 29, 2018
      • Pooled vehicle clients · unset to 1.0
        Mar 31, 2017 to Mar 29, 2018
      • Assets in custody · $31.2M to $28.1M
        Mar 31, 2017 to Mar 29, 2018
      • Employees · 3 to 2
        Mar 31, 2017 to Mar 29, 2018
      • Other offices · unset to 1.0
        Mar 31, 2017 to Mar 29, 2018
      • Discretionary RAUM · $31.2M to $28.1M
        Mar 31, 2017 to Mar 29, 2018
      Signals
      No event on the tape.
      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