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.

Former SEC-registered adviser

Morgenthaler Management Corporation

Former SEC-registered adviserPortola Valley, CaliforniaCRD 161509SEC 801-73546websiteIAPD
Latest filing May 14, 2024
First filing on the tape Feb 13, 2012 · 20 filings
SEC status approved since Mar 2, 2012
RAUM
$107M
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
14
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
$107M gross assets
History
20 filings and snapshots on the tape
RAUM$107M as of Mar 26, 2024
Apr 1, 2013$1.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2024
Apr 1, 20130 then
Employees (5.A)14 as of Mar 26, 2024
Apr 1, 201328 then
Private funds3 as of Mar 26, 2024
Apr 1, 20135 then
RAUM -39% over the last fiscal year-30% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 14, 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
$35.6MderivedRAUM 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
-39%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$107M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      5 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Morgenthaler Partners Viii, L.P.Private Equity Fund$57.2M52Feb 13, 2012
      Morgenthaler Venture Partners Ix, L.P.Venture Capital Fund$37.9M54Feb 13, 2012
      Morgenthaler Partners Vii, L.P.Private Equity Fund$11.6M88Feb 13, 2012
      Morgenthaler Venture Partners V, L.P.no longer reportedVenture Capital Fund$881,81041Feb 13, 2012
      Morgenthaler Partners Vi, L.P.no longer reportedPrivate Equity Fund$078Feb 13, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Caldwell Robert Bellas · Morgenthaler Management Corporation Shareholder, Partnercontrol
        since 06/2009 · owns 10% to 25%
      • John Travis Boettner · Chief Financial Officer & Ccocontrol
        since 10/2015 · owns less than 5%
      • Earl Ralph Christoffersen · Morgenthaler Management Corporation Shareholder, Partnercontrol
        since 06/2009 · owns 5% to 10%
      • Robert Gary Little · Morgenthaler Management Corporation Shareholder, Partner, Directorcontrol
        since 06/2009 · owns 10% to 25%
      • Donald John Lutsi · Morgenthaler Management Corporation Shareholder, Partner Emerituscontrol
        since 06/2009 · owns 10% to 25%
      • Ann Rebecca Lynn · Morgenthaler Management Corporation Shareholder, Partnercontrol
        since 09/2010 · owns less than 5%
      • Jordan Gary Morgenthaler · Morgenthaler Management Corporation Shareholder, Partnercontrol
        since 06/2009 · owns 10% to 25%
      • Davidson Robert Pavey · Morgenthaler Management Corporation Shareholder, Partnercontrol
        since 05/1981 · owns 10% to 25%
      • Albert Henry Plain · Morgenthaler Management Corporation Shareholder & Partner, Directorcontrol
        since 09/2010 · owns 5% to 10%
      • Gress Peter Taft · Morgenthaler Management Corporation Shareholder, Partner, Directorcontrol
        since 06/2009 · owns 5% to 10%
      Related persons
      Schedule D 7.A
      • Canvas Ventures
        investment advisern
      • Morgenthaler Advisors Ix LLC
        investment advisern
      • Morgenthaler Management Partners Ix LLC
        pooled vehicle sponsorn
      • Morgenthaler Management Partners Vi LLC
        pooled vehicle sponsorn
      • Morgenthaler Management Partners Vii LLC
        pooled vehicle sponsorn
      • Morgenthaler Management Partners Viii LLC
        pooled vehicle sponsorn
      • Mpe Partners
        investment advisernRAUM $1.4B
      Advisers that list Morgenthaler Management Corporation as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $176M to $107M
        Mar 31, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $176M to $107M
        Mar 31, 2023 to Mar 26, 2024
      • RAUM · $176M to $107M
        Mar 31, 2023 to Mar 26, 2024
      • Other offices · 3 to 0
        Mar 28, 2022 to Mar 31, 2023
      • Discretionary RAUM · $228M to $176M
        Mar 28, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $228M to $176M
        Mar 28, 2022 to Mar 31, 2023
      • RAUM · $228M to $176M
        Mar 28, 2022 to Mar 31, 2023
      • Custody of client assets · true to false
        Nov 12, 2021 to Mar 28, 2022
      • Discretionary RAUM · $307M to $228M
        Nov 12, 2021 to Mar 28, 2022
      • Pooled vehicle RAUM · $307M to $228M
        Nov 12, 2021 to Mar 28, 2022
      • RAUM · $307M to $228M
        Nov 12, 2021 to Mar 28, 2022
      • Discretionary RAUM · $382M to $307M
        Mar 27, 2020 to Mar 24, 2021
      • Pooled vehicle RAUM · $382M to $307M
        Mar 27, 2020 to Mar 24, 2021
      • RAUM · $382M to $307M
        Mar 27, 2020 to Mar 24, 2021
      • Employees · 15 to 14
        Mar 28, 2019 to Mar 27, 2020
      • Other offices · 2 to 3
        Mar 28, 2019 to Mar 27, 2020
      • Discretionary RAUM · $405M to $382M
        Mar 28, 2019 to Mar 27, 2020
      • Pooled vehicle RAUM · $405M to $382M
        Mar 28, 2019 to Mar 27, 2020
      • RAUM · $405M to $382M
        Mar 28, 2019 to Mar 27, 2020
      • Discretionary RAUM · $528M to $405M
        Mar 29, 2018 to Mar 28, 2019
      • Pooled vehicle RAUM · $528M to $405M
        Mar 29, 2018 to Mar 28, 2019
      • RAUM · $528M to $405M
        Mar 29, 2018 to Mar 28, 2019
      • Accounts · 4 to 3
        Mar 31, 2017 to Mar 29, 2018
      • Advisory employees · 13 to 9
        Mar 31, 2017 to Mar 29, 2018
      • Pooled vehicle clients · unset to 3.0
        Mar 31, 2017 to Mar 29, 2018
      • Assets in custody · $777M to $0
        Mar 31, 2017 to Mar 29, 2018
      • Employees · 21 to 15
        Mar 31, 2017 to Mar 29, 2018
      • Other offices · unset to 2.0
        Mar 31, 2017 to Mar 29, 2018
      • Private funds · 4 to 3
        Mar 31, 2017 to Mar 29, 2018
      • Discretionary RAUM · $793M to $528M
        Mar 31, 2017 to Mar 29, 2018
      • Pooled vehicle RAUM · unset to 527838945.0
        Mar 31, 2017 to Mar 29, 2018
      • RAUM · $793M to $528M
        Mar 31, 2017 to Mar 29, 2018
      • Advisory employees · 16 to 13
        Apr 29, 2016 to Mar 31, 2017
      • Assets in custody · $1.0B to $777M
        Apr 29, 2016 to Mar 31, 2017
      • Employees · 22 to 21
        Apr 29, 2016 to Mar 31, 2017
      • Discretionary RAUM · $1.0B to $793M
        Apr 29, 2016 to Mar 31, 2017
      • RAUM · $1.0B to $793M
        Apr 29, 2016 to Mar 31, 2017
      • Assets in custody · $1.0B to $1.0B
        Mar 30, 2016 to Apr 29, 2016
      • Discretionary RAUM · $1.0B to $1.0B
        Mar 30, 2016 to Apr 29, 2016
      • RAUM · $1.0B to $1.0B
        Mar 30, 2016 to Apr 29, 2016
      Signals
      2 dated events
      • Morgenthaler Management Corporation no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $106.7M)
        May 2, 2025 · Left the SEC roster · derived
      • Morgenthaler Management Corporation reported RAUM $527.8M, down 33% from $792.7M (2017-03-31 to 2018-03-29)
        Mar 29, 2018 · RAUM change · derived
      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/MORGENTHALERreportedpublic record, Form ADV, Sep 17, 2026
      Website
      MORGENTHALER.COMreportedpublic record, Form ADV, Sep 17, 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
      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