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

B••••••• A•••• M••••••••• I••

Former SEC-registered adviserRockville, MarylandCRD 161894SEC 801-74606IAPD
Latest filing Jul 5, 2024
First filing on the tape Mar 14, 2012 · 24 filings
RAUM
$7.5M
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
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$7.5M gross assets
History
24 filings and snapshots on the tape
RAUM$194M as of Mar 26, 2024
Mar 20, 2013$184M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2024
Mar 20, 20130 then
Employees (5.A)5 as of Mar 26, 2024
Mar 20, 20134 then
Private funds4 as of Mar 26, 2024
Mar 20, 20131 then
RAUM -96% over the last fiscal year-66% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 5, 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
$7.5MderivedRAUM 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
-1.8%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 assetsreportedItem 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
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$7.5M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
      6 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• C••••• · Vice-Presidentcontrol
        since 01/1993 · owns 50% to 75%
      • B•••••••• M••••• · Presidentcontrol
        since 01/1993 · owns 50% to 75%
      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 · 17 to 1
        Mar 26, 2024 to Jul 5, 2024
      • Private funds · 4 to 1
        Mar 26, 2024 to Jul 5, 2024
      • Discretionary RAUM · $194M to $7.5M
        Mar 26, 2024 to Jul 5, 2024
      • Pooled vehicle RAUM · $194M to $7.5M
        Mar 26, 2024 to Jul 5, 2024
      • RAUM · $194M to $7.5M
        Mar 26, 2024 to Jul 5, 2024
      • Accounts · 18 to 17
        Mar 31, 2023 to Mar 26, 2024
      • Advisory employees · 3 to 4
        Mar 31, 2023 to Mar 26, 2024
      • Employees · 4 to 5
        Mar 31, 2023 to Mar 26, 2024
      • Financial planning clients · unset to 0
        Mar 31, 2023 to Mar 26, 2024
      • Discretionary RAUM · $197M to $194M
        Mar 31, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $197M to $194M
        Mar 31, 2023 to Mar 26, 2024
      • RAUM · $197M to $194M
        Mar 31, 2023 to Mar 26, 2024
      • Accounts · 6 to 18
        Feb 28, 2022 to Mar 31, 2023
      • Assets in custody · 209747457.0 to unset
        Feb 28, 2022 to Mar 31, 2023
      • Custody of client assets · true to false
        Feb 28, 2022 to Mar 31, 2023
      • Private funds · 5 to 4
        Feb 28, 2022 to Mar 31, 2023
      • Discretionary RAUM · $210M to $197M
        Feb 28, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $210M to $197M
        Feb 28, 2022 to Mar 31, 2023
      • RAUM · $210M to $197M
        Feb 28, 2022 to Mar 31, 2023
      • Assets in custody · unset to 209747457.0
        Dec 7, 2021 to Feb 28, 2022
      • Custody of client assets · false to true
        Dec 7, 2021 to Feb 28, 2022
      • Discretionary RAUM · $196M to $210M
        Dec 7, 2021 to Feb 28, 2022
      • Pooled vehicle RAUM · $196M to $210M
        Dec 7, 2021 to Feb 28, 2022
      • RAUM · $196M to $210M
        Dec 7, 2021 to Feb 28, 2022
      • Discretionary RAUM · $178M to $196M
        Dec 17, 2020 to Mar 29, 2021
      • Pooled vehicle RAUM · $178M to $196M
        Dec 17, 2020 to Mar 29, 2021
      • RAUM · $178M to $196M
        Dec 17, 2020 to Mar 29, 2021
      • Accounts · 4 to 6
        Feb 11, 2019 to Feb 12, 2020
      • Advisory employees · 4 to 3
        Feb 11, 2019 to Feb 12, 2020
      • Employees · 5 to 4
        Feb 11, 2019 to Feb 12, 2020
      • Discretionary RAUM · $165M to $178M
        Feb 11, 2019 to Feb 12, 2020
      • Pooled vehicle RAUM · $165M to $178M
        Feb 11, 2019 to Feb 12, 2020
      • RAUM · $165M to $178M
        Feb 11, 2019 to Feb 12, 2020
      • Accounts · 5 to 4
        Jun 29, 2018 to Feb 1, 2019
      • Assets in custody · 38501150.0 to unset
        Jun 29, 2018 to Feb 1, 2019
      • Custody of client assets · true to false
        Jun 29, 2018 to Feb 1, 2019
      • Discretionary RAUM · $207M to $165M
        Jun 29, 2018 to Feb 1, 2019
      • Pooled vehicle RAUM · $207M to $165M
        Jun 29, 2018 to Feb 1, 2019
      • RAUM · $207M to $165M
        Jun 29, 2018 to Feb 1, 2019
      • Pooled vehicle clients · unset to 1.0
        Feb 7, 2018 to Mar 5, 2018
      Signals
      1 dated events
      • B••••••• A•••• M••••••••• I•• reported RAUM $7.5M, down 96% from $193.6M (2024-03-26 to 2024-07-05)
        Jul 5, 2024 · 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
      Across the graphs

      B••••••• A•••• M••••••••• I•• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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