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
B••••••• M••••••••• I• L•••
Latest filing Apr 30, 2026
First filing on the tape Feb 20, 2013 · 30 filings
SEC status approved since Apr 2, 2013
RAUM
$974M
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
16
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$974M as of Apr 30, 2026
Mar 31, 2014$162M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 30, 2026
Mar 31, 20141 then
Employees (5.A)16 as of Apr 30, 2026
Mar 31, 20146 then
Private funds5 as of Apr 30, 2026
Mar 31, 20144 then
RAUM -29% over the last fiscal year-8.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 30, 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
- $325MderivedRAUM 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
- -29%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 pooled vehiclesreportedItem 5.G
- Custody
- $974M, 3 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- 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$974M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 3reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $974M for 3 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 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
7 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| B••••••• P••••• P••••••• I• L••• | Private Equity Fund | $475M | 17 | Nov 20, 2018 |
| B••••••• S•••••• S••••••••• F••• I• L••• | Private Equity Fund | $473M | 120 | Aug 11, 2022 |
| B••••••• S•••••• S••••••••• F••• I•• L••• | Private Equity Fund | $272M | 61 | Sep 17, 2018 |
| B••••••• S•••••• S••••••••• F••• I• L• P• | Private Equity Fund | $17.3M | 48 | Nov 6, 2012 |
| B••••••• I••••••••• I• L• P• | Private Equity Fund | $331,327 | 0 | Nov 6, 2012 |
| B••••••• P••••• P••••••• L• P•no longer reported | Private Equity Fund | $101,842 | 19 | Oct 31, 2013 |
| B••••••• F••• I• L• P•no longer reported | Private Equity Fund | $97,950 | 13 | Nov 6, 2012 |
Owners and control persons
Schedule A and B, latest filing
- M••• L•••• D••••• · Chief Compliance Officer & Chief Financial Officercontrolsince 03/2018 · owns less than 5%
- N•••••••• R••••• S•••• · Membercontrolsince 01/2021 · owns 25% to 50% of B•• A••••••••• L••
- V•••••• J•••••••• A•••• · Manager & Membercontrolsince 01/2021 · owns 50% to 75% of B•• A••••••••• L••
- V•••••• J•••••••• A•••• · Managing Membercontrolsince 04/2011 · owns 75% or more of B••••••• F•••• L••
- A•••••• R••••• · Limited Partnersince 12/2012 · owns 10% to 25%
- V•••••• S•••••• M••••• · Membersince 01/2021 · owns 25% to 50% of B•• A••••••••• L••
Entity owners
- B••••••• F•••• L•• · General Partnerdirect · owns less than 5%
- B•• A••••••••• L•• · Limited Partnerdirect · owns 75% or more
Related persons
Schedule D 7.A
- B••••••• C•••••• A••••••• L••investment adviserpooled vehicle sponsorn
- B••••••• M••••••••• I•• L•••investment adviserpooled vehicle sponsorn
- B••••••• M••••••••• I• L•••investment adviserpooled vehicle sponsorn
- B••••••• P••••• M••••••••• L•••investment adviserpooled 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
- RAUM down 25 %Change between filings · filing Apr 30, 2026RAUM (Item 5.F) moved from $1,381,796,284 to $974,363,953 (-29.0%) between the annual amendments of 2025-04-09 and 2026-04-30; the peer median change was +8.0% (673 comparable advisers, 6.0th percentile of changes)peers: asset managers, $500M to $1B (673) · 6.0% percentile
What changed
consecutive filings, newest first
- Assets in custody · $979M to $974MMar 31, 2026 to Apr 30, 2026
- Discretionary RAUM · $979M to $974MMar 31, 2026 to Apr 30, 2026
- Pooled vehicle RAUM · $979M to $974MMar 31, 2026 to Apr 30, 2026
- RAUM · $979M to $974MMar 31, 2026 to Apr 30, 2026
- Accounts · 4 to 3Apr 9, 2025 to Mar 31, 2026
- Advisory employees · 12 to 13Apr 9, 2025 to Mar 31, 2026
- Pooled vehicle clients · 4 to 3Apr 9, 2025 to Mar 31, 2026
- Assets in custody · $1.4B to $979MApr 9, 2025 to Mar 31, 2026
- Employees · 15 to 16Apr 9, 2025 to Mar 31, 2026
- Private funds · 4 to 5Apr 9, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.4B to $979MApr 9, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $1.4B to $979MApr 9, 2025 to Mar 31, 2026
- RAUM · $1.4B to $979MApr 9, 2025 to Mar 31, 2026
- Advisory employees · 10 to 12May 7, 2024 to Apr 9, 2025
- Assets in custody · $1.2B to $1.4BMay 7, 2024 to Apr 9, 2025
- Employees · 12 to 15May 7, 2024 to Apr 9, 2025
- Financial planning clients · unset to May 7, 2024 to Apr 9, 2025
- Discretionary RAUM · $1.2B to $1.4BMay 7, 2024 to Apr 9, 2025
- Pooled vehicle RAUM · $1.2B to $1.4BMay 7, 2024 to Apr 9, 2025
- RAUM · $1.2B to $1.4BMay 7, 2024 to Apr 9, 2025
- Assets in custody · $1.2B to $1.2BMar 26, 2024 to May 7, 2024
- Discretionary RAUM · $1.2B to $1.2BMar 26, 2024 to May 7, 2024
- Pooled vehicle RAUM · $1.2B to $1.2BMar 26, 2024 to May 7, 2024
- RAUM · $1.2B to $1.2BMar 26, 2024 to May 7, 2024
- Accounts · 5 to 4May 8, 2023 to Mar 26, 2024
- Advisory employees · 9 to 10May 8, 2023 to Mar 26, 2024
- Pooled vehicle clients · 5 to 4May 8, 2023 to Mar 26, 2024
- Assets in custody · $1.3B to $1.2BMay 8, 2023 to Mar 26, 2024
- Employees · 11 to 12May 8, 2023 to Mar 26, 2024
- Private funds · 5 to 4May 8, 2023 to Mar 26, 2024
- Discretionary RAUM · $1.3B to $1.2BMay 8, 2023 to Mar 26, 2024
- Pooled vehicle RAUM · $1.3B to $1.2BMay 8, 2023 to Mar 26, 2024
- RAUM · $1.3B to $1.2BMay 8, 2023 to Mar 26, 2024
- Assets in custody · $1.3B to $1.3BMar 30, 2023 to May 8, 2023
- Discretionary RAUM · $1.3B to $1.3BMar 30, 2023 to May 8, 2023
- Pooled vehicle RAUM · $1.3B to $1.3BMar 30, 2023 to May 8, 2023
- RAUM · $1.3B to $1.3BMar 30, 2023 to May 8, 2023
- Advisory employees · 7 to 9Aug 11, 2022 to Mar 30, 2023
- Assets in custody · $973M to $1.3BAug 11, 2022 to Mar 30, 2023
- Employees · 10 to 11Aug 11, 2022 to Mar 30, 2023
Signals
5 dated events
- B••••••• M••••••••• I• L••• reported RAUM $979.0M, down 29% from $1.4B (2025-04-09 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- B••••••• M••••••••• I• L••• reported RAUM $1.3B, up 30% from $973.4M (2022-08-11 to 2023-03-30)Mar 30, 2023 · RAUM change · derived
- B••••••• M••••••••• I• L••• reported RAUM $973.4M, up 54% from $630.5M (2022-04-28 to 2022-08-11)Aug 11, 2022 · RAUM change · derived
- B••••••• M••••••••• I• L••• reported RAUM $448.5M, up 45% from $309.7M (2018-11-20 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- B••••••• M••••••••• I• L••• filed its initial SEC registration (Form ADV)Feb 20, 2013 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- B••••••• M••••••••• I• L••• · Independent Sponsorsshared crd · capital_provider
- B••••••• M••••••••• I• L••• · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 310-473-3065reportedpublic record, Form ADV, Apr 30, 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