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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SEC-registered adviser
N••••••• A•••••••• L•••
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 34 filings
SEC status approved since May 18, 2012
RAUM
$131M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$131M
derived; firm RAUM over IAPD count
Employees
67
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$131M as of Mar 31, 2026
Mar 28, 2013$724M then
HNW client RAUM$0 as of Mar 31, 2026
Mar 29, 2018$0 then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 28, 20130 then
Employees (5.A)67 as of Mar 31, 2026
Mar 28, 201315 then
Private funds: no history
RAUM -28% over the last fiscal year+4.2% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $131MderivedRAUM 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
- $32.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 67.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -28%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
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$53.9M58%
- Investment companies$29.7M32%
- Corporations and businesses$9.0M9.7%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 4reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=0.93 institutional_share=0.0 related_bd=true related_bank=true bd_reps=6.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- D••••••• J••••• D•••• · Presidentcontrolsince 04/1993 · owns less than 5%
- N•••••• D•••••• D•••• · Executive Vice Presidentcontrolsince 04/2019 · owns less than 5%
- W••••••••• F••••• G••••• · Treasurercontrolsince 06/2012 · owns less than 5%
- D••••••• J••••• D•••• · President / Membercontrolsince 03/2012 · owns 75% or more of N••••••• A••••••• G•• L••
- D••••••• N••••• M•••• · Trusteecontrolsince 10/2015 · owns F of D•••••• Investment Trust
- M••••• W••••••• M••••• · Assistant Treasurersince 04/2021 · owns less than 5%
- V•••••••• S••••••••• L••• · Chief Compliance Officer And Secretarysince 11/2021 · owns less than 5%
Entity owners
- N••••••• A••••••• G•• L•• · General Partnerdirect · owns less than 5%
- T•• D•••••• I••••••••• T•••• · Limited Partnerdirect · owns 75% or more
Related persons
Schedule D 7.A
- F••••• E• • P• O••••••••• G•• L••investment adviserbankpooled vehicle sponsornRAUM $74.1M
- G••••••••• R•• L••real estaten
- N••••••••• L••broker-dealerinvestment advisernRAUM $26.1M
- N••••••••• A•••• M••••••••• L•••investment advisernRAUM $823M
- N••••••n
- N••••••• A•••• M••••••••• L•••investment adviserbanknRAUM $2.8B
- N••••••• I•••••••• S••••••••• L•••investment advisernRAUM $95.7M
- N••••••• R••• E••••• A••••••• I•• L•••investment advisern
- N••••••• R••• E••••• A••••••• I•• L•••investment advisern
- N••••••• R••• E••••• A••••••• V• L•••investment advisern
- N••••••• R••• E••••• A••••••• V•• L•••investment advisern
- N••••••• R••• E••••• A••••••• V••• L•••investment adviserpooled vehicle sponsornRAUM $1.9B
- N••••••• R••• E••••• A••••••• V•••• L•••investment advisern
- N••••••• R••• E••••• A••••••• X• L•••investment advisernRAUM $1.1B
- N••••••• R••• E••••• A••••••• X•• L•••investment advisern
- N••••••• R••• E••••• A••••••• X••• L•••investment advisern
- N••••••• R••• E••••• A•••••••• L•••investment advisernRAUM $976M
- N••••••• S••••••••• I•••broker-dealern
- N••••••••• T•••• S•••••••real estaten
Advisers that list N••••••• A•••••••• L••• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- business activity changedChange between filings · filing Mar 31, 2026portfolio management for pooled vehicles (Item 5.G.4): no on the filing of 2025-03-28, yes on the filing of 2026-03-31peers: asset managers, $100M to $500M (1,567)
- employee count surgeChange between filings · filing Mar 31, 2026employees (Item 5.A) moved from 41.0 to 67.0 (+63.0%) between the annual amendments of 2025-03-28 and 2026-03-31; the peer median change was 0.0% (393 comparable advisers, 98.0th percentile of changes)peers: asset managers, $100M to $500M (393) · 98% percentile
- RAUM down 25 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $181,964,000 to $131,222,345 (-28.0%) between the annual amendments of 2025-03-28 and 2026-03-31; the peer median change was +4.0% (1148 comparable advisers, 9.0th percentile of changes)peers: asset managers, $100M to $500M (1,148) · 9.2% percentile
What changed
consecutive filings, newest first
- Advisory employees · 22 to 13Mar 28, 2025 to Mar 31, 2026
- Advisory activities · 1 to 3Mar 28, 2025 to Mar 31, 2026
- BD registered reps · 5 to 6Mar 28, 2025 to Mar 31, 2026
- Employees · 41 to 67Mar 28, 2025 to Mar 31, 2026
- Discretionary RAUM · $182M to $131MMar 28, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $90.1M to $53.9MMar 28, 2025 to Mar 31, 2026
- RAUM · $182M to $131MMar 28, 2025 to Mar 31, 2026
- Advisory employees · 18 to 22Mar 29, 2024 to Mar 28, 2025
- BD registered reps · 7 to 5Mar 29, 2024 to Mar 28, 2025
- Employees · 35 to 41Mar 29, 2024 to Mar 28, 2025
- Financial planning clients · 0 to 0Mar 29, 2024 to Mar 28, 2025
- Discretionary RAUM · $175M to $182MMar 29, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $74.2M to $90.1MMar 29, 2024 to Mar 28, 2025
- RAUM · $175M to $182MMar 29, 2024 to Mar 28, 2025
- Accounts · 3 to 4Mar 31, 2023 to Mar 29, 2024
- Advisory employees · 16 to 18Mar 31, 2023 to Mar 29, 2024
- BD registered reps · 5 to 7Mar 31, 2023 to Mar 29, 2024
- Pooled vehicle clients · 0 to 1Mar 31, 2023 to Mar 29, 2024
- Employees · 32 to 35Mar 31, 2023 to Mar 29, 2024
- Discretionary RAUM · $116M to $175MMar 31, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $0 to $74.2MMar 31, 2023 to Mar 29, 2024
- RAUM · $116M to $175MMar 31, 2023 to Mar 29, 2024
- Accounts · 4 to 3Mar 31, 2022 to Mar 31, 2023
- Advisory employees · 15 to 16Mar 31, 2022 to Mar 31, 2023
- Employees · 30 to 32Mar 31, 2022 to Mar 31, 2023
- Discretionary RAUM · $1.2B to $116MMar 31, 2022 to Mar 31, 2023
- RAUM · $1.2B to $116MMar 31, 2022 to Mar 31, 2023
- Assets in custody · 842317000.0 to unsetJan 20, 2022 to Mar 31, 2022
- Custody of client assets · true to falseJan 20, 2022 to Mar 31, 2022
- Employees · 38 to 30Jan 20, 2022 to Mar 31, 2022
- Discretionary RAUM · $940M to $1.2BJan 20, 2022 to Mar 31, 2022
- RAUM · $940M to $1.2BJan 20, 2022 to Mar 31, 2022
- Advisory employees · 2 to 15Feb 23, 2021 to Mar 31, 2021
- BD registered reps · 0 to 5Feb 23, 2021 to Mar 31, 2021
- Assets in custody · $961M to $842MFeb 23, 2021 to Mar 31, 2021
- Employees · 3 to 38Feb 23, 2021 to Mar 31, 2021
- Insurance-licensed employees · 0 to 1Feb 23, 2021 to Mar 31, 2021
- Discretionary RAUM · $1.1B to $940MFeb 23, 2021 to Mar 31, 2021
- RAUM · $1.1B to $940MFeb 23, 2021 to Mar 31, 2021
- Accounts · 5 to 4Apr 13, 2020 to Oct 26, 2020
Signals
12 dated events
- N••••••• A•••••••• L••• reported RAUM $116.0M, down 90% from $1.2B (2022-03-31 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- Dale Brian Mitts (Assistant Treasurer) no longer on Schedule A of N••••••• A•••••••• L••• (listed 2021-03-31, absent 2021-09-01)Sep 1, 2021 · Control person left · inference
- E••••• D•••• W••••••• (Secretary) no longer on Schedule A of N••••••• A•••••••• L••• (listed 2021-03-31, absent 2021-09-01)Sep 1, 2021 · Control person left · inference
- E•••••••• L••••• T••••••• (Secretary) no longer on Schedule A of N••••••• A•••••••• L••• (listed 2020-10-26, absent 2021-02-23)Feb 23, 2021 · Control person left · inference
- Dale Brian Mitts (Assistant Treasurer) appeared on Schedule A of N••••••• A•••••••• L•••Feb 23, 2021 · Control person joined · fact
- E••••• D•••• W••••••• (Secretary) appeared on Schedule A of N••••••• A•••••••• L•••Feb 23, 2021 · Control person joined · fact
- N••••••• A•••••••• L••• reported RAUM $1.1B, down 31% from $1.5B (2020-04-13 to 2020-10-26)Oct 26, 2020 · RAUM change · derived
- N••••••• A•••••••• L••• reported RAUM $1.5B, up 27% from $1.2B (2019-03-29 to 2020-03-27)Mar 27, 2020 · RAUM change · derived
- E•••••••• L••••• T••••••• (Secretary) appeared on Schedule A of N••••••• A•••••••• L•••Mar 27, 2020 · Control person joined · fact
- Blackwell Lee Parker (Evp) no longer on Schedule A of N••••••• A•••••••• L••• (listed 2019-03-29, absent 2020-03-27)Mar 27, 2020 · Control person left · inference
- N••••••• A•••••••• L••• reported RAUM $1.2B, up 43% from $852.4M (2018-03-29 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Byron Scott Ellington (Chief Legal Officer) no longer on Schedule A of N••••••• A•••••••• L••• (listed 2018-03-29, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/nexpoint-advisors-l.p.reportedpublic record, Form ADV, Sep 18, 2026
- Firm profile
- linkedin.com/company/nexpointreportedpublic record, Form ADV, Sep 18, 2026
- Website
- nexpoint.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 214-276-6300reportedpublic record, Form ADV, Mar 31, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $131Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026