DFX Intelligence

RIA Intelligence

The names on this page are hidden. Create a free account to reveal 5 records a month, or get RIA and Wealth Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

Former SEC-registered adviser

P•••••• J• P•••••••• L••

Former SEC-registered adviserDallas, TexasCRD 163264SEC 801-76245IAPD
Latest filing Mar 31, 2025
First filing on the tape Mar 30, 2012 · 21 filings
SEC status approved since Apr 24, 2012
RAUM
$145M
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
6
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$145M as of Mar 31, 2025
Mar 25, 2013$190M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 31, 2025
Mar 25, 20131 then
Employees (5.A)6 as of Mar 31, 2025
Mar 25, 20134 then
Private funds1 as of Mar 31, 2025
Mar 25, 20131 then
RAUM -3.4% over the last fiscal year-1.6% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2025; every figure names its basis
RAUM per advisor
$145MderivedRAUM 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
$145MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
6.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-3.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$145M, 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)
  • 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$145M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$145M for 1 clientsreported
Compensation
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
      Every departureEvery arrival
      Private funds
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      P•••••• A••••••••• A•• P•••••• A••••••••• I• J•••• V••••••Hedge Fund$150M24Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • D••• I••• B••••••• · Managing Membercontrol
        since 05/1972 · owns 75% or more
      • S•••••••• A•••••• L•••• · Chief Financial Officer, Chief Compliance Officercontrol
        since 01/2016 · 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
      • Assets in custody · $150M to $145M
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 5 to 6
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $150M to $145M
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $150M to $145M
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $150M to $145M
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 2 to 1
        Mar 30, 2023 to Mar 29, 2024
      • Assets in custody · $173M to $150M
        Mar 30, 2023 to Mar 29, 2024
      • Employees · 4 to 5
        Mar 30, 2023 to Mar 29, 2024
      • Discretionary RAUM · $173M to $150M
        Mar 30, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $173M to $150M
        Mar 30, 2023 to Mar 29, 2024
      • RAUM · $173M to $150M
        Mar 30, 2023 to Mar 29, 2024
      • Assets in custody · $152M to $173M
        Mar 31, 2022 to Mar 30, 2023
      • Discretionary RAUM · $152M to $173M
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $152M to $173M
        Mar 31, 2022 to Mar 30, 2023
      • RAUM · $152M to $173M
        Mar 31, 2022 to Mar 30, 2023
      • Advisory employees · 3 to 2
        May 10, 2021 to Mar 31, 2022
      • Assets in custody · $156M to $152M
        May 10, 2021 to Mar 31, 2022
      • Employees · 5 to 4
        May 10, 2021 to Mar 31, 2022
      • Discretionary RAUM · $156M to $152M
        May 10, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $156M to $152M
        May 10, 2021 to Mar 31, 2022
      • RAUM · $156M to $152M
        May 10, 2021 to Mar 31, 2022
      • Assets in custody · $332M to $156M
        Mar 19, 2020 to Mar 30, 2021
      • Discretionary RAUM · $332M to $156M
        Mar 19, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $332M to $156M
        Mar 19, 2020 to Mar 30, 2021
      • RAUM · $332M to $156M
        Mar 19, 2020 to Mar 30, 2021
      • Assets in custody · $250M to $332M
        Mar 27, 2019 to Mar 19, 2020
      • Discretionary RAUM · $250M to $332M
        Mar 27, 2019 to Mar 19, 2020
      • Pooled vehicle RAUM · $250M to $332M
        Mar 27, 2019 to Mar 19, 2020
      • RAUM · $250M to $332M
        Mar 27, 2019 to Mar 19, 2020
      • Assets in custody · $297M to $250M
        Mar 27, 2018 to Mar 27, 2019
      • Discretionary RAUM · $297M to $250M
        Mar 27, 2018 to Mar 27, 2019
      • Pooled vehicle RAUM · $297M to $250M
        Mar 27, 2018 to Mar 27, 2019
      • RAUM · $297M to $250M
        Mar 27, 2018 to Mar 27, 2019
      • Pooled vehicle clients · unset to 1.0
        Apr 27, 2017 to Mar 27, 2018
      • Assets in custody · $261M to $297M
        Apr 27, 2017 to Mar 27, 2018
      • Other offices · unset to 0.0
        Apr 27, 2017 to Mar 27, 2018
      • Discretionary RAUM · $261M to $297M
        Apr 27, 2017 to Mar 27, 2018
      • Pooled vehicle RAUM · unset to 296889413.0
        Apr 27, 2017 to Mar 27, 2018
      • RAUM · $261M to $297M
        Apr 27, 2017 to Mar 27, 2018
      Signals
      2 dated events
      • ••• Locked
        Apr 1, 2026 · Left the SEC roster · derived
      • ••• Locked
        Mar 30, 2021 · 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