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••••• C•••• C••••••• L••

Former SEC-registered adviserRadnor, PennsylvaniaCRD 161774SEC 801-75379IAPD
Latest filing Apr 15, 2021
First filing on the tape Mar 29, 2012 · 15 filings
RAUM
$49.9M
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
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
$49.9M gross assets
History
15 filings and snapshots on the tape
RAUM$49.9M as of Mar 22, 2021
Apr 1, 2013$392M then
HNW client RAUM$0 as of Mar 22, 2021
Mar 31, 2019$0 then
State-registered IARs (5.B.3)0 as of Mar 22, 2021
Apr 1, 20130 then
Employees (5.A)5 as of Mar 22, 2021
Apr 1, 20136 then
Private funds6 as of Mar 22, 2021
Apr 1, 20137 then
RAUM -75% over the last fiscal year-44% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 15, 2021; 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
$8.3MderivedRAUM 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
-75%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
Custody
$49.9M, 6 clientsreportedItem 9.A
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$49.9M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
6reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$49.9M for 6 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
      8 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• T•••••• K• · Ceocontrol
        since 01/2000 · owns 75% or more
      • C•••••• B••••••• J••••• · Chief Compliance Officercontrol
        since 02/2020 · owns less than 5%
      • S••••••••• M••••••• M••••• · Directorcontrol
        since 06/2001 · owns less than 5%
      Related persons
      Schedule D 7.A
      • S••••• C•••• M••••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 4 to 2
        Mar 20, 2020 to Mar 22, 2021
      • Assets in custody · $202M to $49.9M
        Mar 20, 2020 to Mar 22, 2021
      • Employees · 4 to 5
        Mar 20, 2020 to Mar 22, 2021
      • Discretionary RAUM · $202M to $49.9M
        Mar 20, 2020 to Mar 22, 2021
      • Pooled vehicle RAUM · $202M to $49.9M
        Mar 20, 2020 to Mar 22, 2021
      • RAUM · $202M to $49.9M
        Mar 20, 2020 to Mar 22, 2021
      • Advisory employees · 5 to 4
        Sep 23, 2019 to Mar 20, 2020
      • Assets in custody · $77.5M to $202M
        Sep 23, 2019 to Mar 20, 2020
      • Employees · 6 to 4
        Sep 23, 2019 to Mar 20, 2020
      • Other offices · 1 to 0
        Sep 23, 2019 to Mar 20, 2020
      • Private funds · 7 to 6
        Sep 23, 2019 to Mar 20, 2020
      • Discretionary RAUM · $108M to $202M
        Sep 23, 2019 to Mar 20, 2020
      • Pooled vehicle RAUM · $108M to $202M
        Sep 23, 2019 to Mar 20, 2020
      • RAUM · $108M to $202M
        Sep 23, 2019 to Mar 20, 2020
      • HQ city · NEW YORK to RADNOR
        Apr 30, 2019 to Sep 23, 2019
      • HQ state · NY to PA
        Apr 30, 2019 to Sep 23, 2019
      • Private funds · 6 to 7
        Apr 29, 2019 to Apr 30, 2019
      • Discretionary RAUM · $108M to $108M
        Mar 31, 2019 to Apr 29, 2019
      • Pooled vehicle RAUM · $108M to $108M
        Mar 31, 2019 to Apr 29, 2019
      • RAUM · $108M to $108M
        Mar 31, 2019 to Apr 29, 2019
      • Accounts · 8 to 6
        Jan 16, 2019 to Mar 31, 2019
      • Advisory activities · 2 to 1
        Jan 16, 2019 to Mar 31, 2019
      • Charity clients · unset to 0.0
        Jan 16, 2019 to Mar 31, 2019
      • Corporate clients · unset to 0.0
        Jan 16, 2019 to Mar 31, 2019
      • HNW clients · unset to 0.0
        Jan 16, 2019 to Mar 31, 2019
      • Individual clients · unset to 0.0
        Jan 16, 2019 to Mar 31, 2019
      • Pension plan clients · unset to 0.0
        Jan 16, 2019 to Mar 31, 2019
      • Pooled vehicle clients · 7 to 6
        Jan 16, 2019 to Mar 31, 2019
      • Assets in custody · $194M to $77.5M
        Jan 16, 2019 to Mar 31, 2019
      • Employees · 7 to 6
        Jan 16, 2019 to Mar 31, 2019
      • Financial planning clients · unset to 0
        Jan 16, 2019 to Mar 31, 2019
      • Other offices · 0 to 1
        Jan 16, 2019 to Mar 31, 2019
      • Private funds · 7 to 6
        Jan 16, 2019 to Mar 31, 2019
      • Discretionary RAUM · $290M to $108M
        Jan 16, 2019 to Mar 31, 2019
      • HNW RAUM · unset to 0.0
        Jan 16, 2019 to Mar 31, 2019
      • Individual RAUM · unset to 0.0
        Jan 16, 2019 to Mar 31, 2019
      • Pension RAUM · unset to 0.0
        Jan 16, 2019 to Mar 31, 2019
      • Pooled vehicle RAUM · $276M to $108M
        Jan 16, 2019 to Mar 31, 2019
      • RAUM · $290M to $108M
        Jan 16, 2019 to Mar 31, 2019
      • Pooled vehicle clients · unset to 7.0
        Mar 31, 2017 to Mar 30, 2018
      Signals
      4 dated events
      • S••••• C•••• C••••••• L•• reported RAUM $49.9M, down 75% from $202.2M (2020-03-20 to 2021-03-22)
        Mar 22, 2021 · RAUM change · derived
      • Douglas Stephen Krug (Cco) no longer on Schedule A of S••••• C•••• C••••••• L•• (listed 2019-09-23, absent 2020-03-20)
        Mar 20, 2020 · Control person left · inference
      • James Zachary Maxfield (Director) no longer on Schedule A of S••••• C•••• C••••••• L•• (listed 2019-09-23, absent 2020-03-20)
        Mar 20, 2020 · Control person left · inference
      • S••••• C•••• C••••••• L•• reported RAUM $107.6M, down 63% from $290.3M (2019-01-16 to 2019-03-31)
        Mar 31, 2019 · RAUM change · derived
      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