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

L•• A•••••••• L••

Other adviserEvanston, IllinoisCRD 163963SEC 801-107937IAPD
Latest filing Mar 17, 2026
First filing on the tape May 31, 2016 · 12 filings
SEC status approved since Jun 10, 2016
RAUM
$507M
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
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$507M as of Mar 17, 2026
Jan 26, 2017$191M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 17, 2026
Jan 26, 20170 then
Employees (5.A)3 as of Mar 17, 2026
Jan 26, 20172 then
Private funds1 as of Mar 17, 2026
Jan 26, 20171 then
RAUM +13% over the last fiscal year+15% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 17, 2026; 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
$127MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
19%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
+13%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$278M, 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
  • 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$278M55%
  • Corporations and businesses$132M26%
  • State and municipal entities$96.7M19%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$278M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.55 institutional_share=0.19 related_bd=false related_bank=false bd_reps=0.0derived
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      L•• P•••••••• L•••Hedge Fund$294M7Apr 9, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • L••••• P••••• C••••• · Manager & Chief Compliance Officercontrol
        since 09/2005 · owns 75% or more
      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 · 3 to 4
        Mar 11, 2025 to Mar 17, 2026
      • Corporate clients · 1 to 2
        Mar 11, 2025 to Mar 17, 2026
      • Assets in custody · $311M to $278M
        Mar 11, 2025 to Mar 17, 2026
      • Discretionary RAUM · $447M to $507M
        Mar 11, 2025 to Mar 17, 2026
      • Pooled vehicle RAUM · $311M to $278M
        Mar 11, 2025 to Mar 17, 2026
      • RAUM · $447M to $507M
        Mar 11, 2025 to Mar 17, 2026
      • Accounts · 2 to 3
        Mar 22, 2024 to Mar 11, 2025
      • Charity clients · unset to 0.0
        Mar 22, 2024 to Mar 11, 2025
      • Corporate clients · unset to 1.0
        Mar 22, 2024 to Mar 11, 2025
      • HNW clients · unset to 0.0
        Mar 22, 2024 to Mar 11, 2025
      • Individual clients · unset to 0.0
        Mar 22, 2024 to Mar 11, 2025
      • Pension plan clients · unset to 0.0
        Mar 22, 2024 to Mar 11, 2025
      • Assets in custody · $294M to $311M
        Mar 22, 2024 to Mar 11, 2025
      • Financial planning clients · unset to
        Mar 22, 2024 to Mar 11, 2025
      • Discretionary RAUM · $370M to $447M
        Mar 22, 2024 to Mar 11, 2025
      • Pooled vehicle RAUM · $294M to $311M
        Mar 22, 2024 to Mar 11, 2025
      • RAUM · $370M to $447M
        Mar 22, 2024 to Mar 11, 2025
      • Assets in custody · $266M to $294M
        Mar 28, 2023 to Mar 22, 2024
      • Discretionary RAUM · $331M to $370M
        Mar 28, 2023 to Mar 22, 2024
      • Pooled vehicle RAUM · $266M to $294M
        Mar 28, 2023 to Mar 22, 2024
      • RAUM · $331M to $370M
        Mar 28, 2023 to Mar 22, 2024
      • Assets in custody · $322M to $266M
        Mar 30, 2022 to Mar 28, 2023
      • Discretionary RAUM · $397M to $331M
        Mar 30, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $322M to $266M
        Mar 30, 2022 to Mar 28, 2023
      • RAUM · $397M to $331M
        Mar 30, 2022 to Mar 28, 2023
      • Assets in custody · $260M to $322M
        Mar 30, 2021 to Mar 30, 2022
      • Discretionary RAUM · $319M to $397M
        Mar 30, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $260M to $322M
        Mar 30, 2021 to Mar 30, 2022
      • RAUM · $319M to $397M
        Mar 30, 2021 to Mar 30, 2022
      • Assets in custody · $257M to $260M
        Mar 28, 2020 to Mar 30, 2021
      • Discretionary RAUM · $308M to $319M
        Mar 28, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $257M to $260M
        Mar 28, 2020 to Mar 30, 2021
      • RAUM · $308M to $319M
        Mar 28, 2020 to Mar 30, 2021
      • Assets in custody · $201M to $257M
        Mar 22, 2019 to Mar 28, 2020
      • Employees · 2 to 3
        Mar 22, 2019 to Mar 28, 2020
      • Discretionary RAUM · $241M to $308M
        Mar 22, 2019 to Mar 28, 2020
      • Pooled vehicle RAUM · $201M to $257M
        Mar 22, 2019 to Mar 28, 2020
      • RAUM · $241M to $308M
        Mar 22, 2019 to Mar 28, 2020
      • Advisory employees · 3 to 2
        Mar 29, 2018 to Mar 22, 2019
      • Assets in custody · $247M to $201M
        Mar 29, 2018 to Mar 22, 2019
      Signals
      1 dated events
      • L•• A•••••••• L•• filed its initial SEC registration (Form ADV)
        May 31, 2016 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      8478688750reportedpublic record, Form ADV, Mar 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
      Other 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