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

S••••• 2• A•••••••• L•••

Asset manager (funds and pooled vehicles)Summit, New JerseyCRD 164189SEC 801-76820websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jun 14, 2012 · 30 filings
SEC status approved since Jun 21, 2012
RAUM
$913M
reported, Item 5.F
Discretionary
5.7%
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
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$913M as of Mar 31, 2026
Apr 1, 2013$101M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Apr 1, 20130 then
Employees (5.A)6 as of Mar 31, 2026
Apr 1, 20135 then
Private funds3 as of Mar 31, 2026
Mar 29, 20162 then
RAUM +23% over the last fiscal year+27% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$83.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
5.7%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
+23%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-basedreportedItem 5.E
Advisory activities
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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$861M94%
  • Investment companies$52.2M5.7%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true 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
      4 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • G••••• A••••• · Chief Executive Officercontrol
        since 04/2012 · owns 75% or more
      • M••••••••• P••••• F•••• · Chief Compliance Officercontrol
        since 11/2018 · owns less than 5%
      • J••••• R•••••• C••••••• · Limited Partner
        since 04/2012 · owns 10% to 25%
      Entity owners
      • G•••• I••••••••• L•• · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • S••••• 2• A•••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Mar 31, 2026
        discretionary share of RAUM of 6% against a peer median of 100% (784 comparable advisers, 2.0th percentile, 31.8 robust deviations)
        peers: asset managers, $500M to $1B (784) · 1.8% percentile
      What changed
      consecutive filings, newest first
      • BD registered reps · 1 to 0
        Mar 25, 2025 to Mar 31, 2026
      • Employees · 7 to 6
        Mar 25, 2025 to Mar 31, 2026
      • Discretionary RAUM · $63.0M to $52.2M
        Mar 25, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $679M to $861M
        Mar 25, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $679M to $861M
        Mar 25, 2025 to Mar 31, 2026
      • RAUM · $742M to $913M
        Mar 25, 2025 to Mar 31, 2026
      • Accounts · 8 to 11
        Jul 10, 2024 to Mar 25, 2025
      • BD registered reps · 0 to 1
        Jul 10, 2024 to Mar 25, 2025
      • Pooled vehicle clients · 6 to 9
        Jul 10, 2024 to Mar 25, 2025
      • Employees · 6 to 7
        Jul 10, 2024 to Mar 25, 2025
      • Financial planning clients · unset to
        Jul 10, 2024 to Mar 25, 2025
      • Private funds · 2 to 3
        Jul 10, 2024 to Mar 25, 2025
      • Discretionary RAUM · $56.0M to $63.0M
        Jul 10, 2024 to Mar 25, 2025
      • Non-discretionary RAUM · $559M to $679M
        Jul 10, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $559M to $679M
        Jul 10, 2024 to Mar 25, 2025
      • RAUM · $615M to $742M
        Jul 10, 2024 to Mar 25, 2025
      • Discretionary RAUM · $48.0M to $56.0M
        Apr 12, 2024 to Jul 10, 2024
      • Non-discretionary RAUM · $474M to $559M
        Apr 12, 2024 to Jul 10, 2024
      • Pooled vehicle RAUM · $474M to $559M
        Apr 12, 2024 to Jul 10, 2024
      • RAUM · $522M to $615M
        Apr 12, 2024 to Jul 10, 2024
      • Accounts · 7 to 8
        Dec 6, 2023 to Mar 27, 2024
      • Employees · 5 to 6
        Dec 6, 2023 to Mar 27, 2024
      • Discretionary RAUM · $43.0M to $48.0M
        Dec 6, 2023 to Mar 27, 2024
      • Non-discretionary RAUM · $467M to $474M
        Dec 6, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $467M to $474M
        Dec 6, 2023 to Mar 27, 2024
      • RAUM · $510M to $522M
        Dec 6, 2023 to Mar 27, 2024
      • Accounts · 4 to 7
        Aug 24, 2023 to Dec 6, 2023
      • Pooled vehicle clients · 3 to 6
        Aug 24, 2023 to Dec 6, 2023
      • Private funds · 1 to 2
        Aug 24, 2023 to Dec 6, 2023
      • Discretionary RAUM · $450M to $43.0M
        Aug 24, 2023 to Dec 6, 2023
      • Non-discretionary RAUM · $0 to $467M
        Aug 24, 2023 to Dec 6, 2023
      • Pooled vehicle RAUM · $406M to $467M
        Aug 24, 2023 to Dec 6, 2023
      • RAUM · $450M to $510M
        Aug 24, 2023 to Dec 6, 2023
      • Advisory employees · 1 to 2
        Nov 18, 2022 to Mar 30, 2023
      • Advisory activities · 4 to 2
        Nov 18, 2022 to Mar 30, 2023
      • Discretionary RAUM · $331M to $450M
        Nov 18, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $276M to $406M
        Nov 18, 2022 to Mar 30, 2023
      • RAUM · $331M to $450M
        Nov 18, 2022 to Mar 30, 2023
      • Related adviser · true to false
        Nov 18, 2022 to Mar 30, 2023
      • Employees · 4 to 5
        Mar 16, 2021 to Mar 31, 2022
      Signals
      3 dated events
      • S••••• 2• A•••••••• L••• reported RAUM $450.0M, up 36% from $331.0M (2022-11-18 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • S••••• 2• A•••••••• L••• reported RAUM $331.0M, up 72% from $193.0M (2021-03-16 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • S••••• 2• A•••••••• L••• filed its initial SEC registration (Form ADV)
        Jun 14, 2012 · First SEC registration · fact
      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
      Website
      s••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      908-608-8800reportedpublic 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026