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••••••• F••• A••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 165015SEC 801-77049IAPD
Latest filing Mar 28, 2026
First filing on the tape Aug 13, 2012 · 35 filings
SEC status approved since Sep 4, 2012
RAUM
$3.5B
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
11
11 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$3.5B as of Mar 28, 2026
Jan 30, 2015$125M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 28, 2026
Jan 30, 20130 then
Employees (5.A)11 as of Mar 28, 2026
Jan 30, 20130 then
Private funds: no history
RAUM -19% over the last fiscal year-21% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 28, 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
$3.5BderivedRAUM 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
-19%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 assetsreportedItem 5.E
Advisory activities
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$3.5B100%
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
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=2.0derived
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
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • E••••• J•••• · Chief Legal Officercontrol
        since 05/2018 · owns less than 5%
      • K•••••• R•••••• R•••• · Chairmancontrol
        since 07/2012 · owns less than 5%
      • R••••• J•••••• B•• · Co-Portfolio M•••••• And Presidentcontrol
        since 10/2013 · owns less than 5%
      • K•••••• R•••••• R•••• · Shareholdercontrol
        since 12/2020 · owns 75% or more of B••••••• H••••••• M••••••• I•••
      • K•••••• R•••••• R•••• · Membercontrol
        since 07/2012 · owns 75% or more of B••••••• R••• E••••• H•••••••• L••
      • L••••••••• A•••• J•••• · Co-Portfolio M••••••
        since 11/2013 · owns less than 5%
      Entity owners
      • B••••••• A•••• M••••••••• L•• · Member
        direct · owns 75% or more
      • B••••••• H••••••• M••••••• I••• · M••••••
        direct · owns less than 5%
      • B••••••• R••• E••••• H•••••••• L•• · Member
        indirect · owns F of B••••••• A•••• M••••••••• L••
      • I••••••• M••••••••• O••••• L•• · Member
        indirect · owns 75% or more of I••••••• M••••••••• L••
      • I••••••• M••••••••• L•• · Member
        indirect · owns 50% to 75% of B••••••• A•••• M••••••••• L••
      • S••••••••• A•••••• 3•••• O• C•••• G••••• L••• I•••••••• L••• · Member
        indirect · owns 75% or more of I••••••• M••••••••• O••••• L••
      Related persons
      Schedule D 7.A
      Advisers that list B••••••• F••• A••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 14 to 11
        Jul 1, 2025 to Mar 28, 2026
      • BD registered reps · 0 to 2
        Jul 1, 2025 to Mar 28, 2026
      • Employees · 14 to 11
        Jul 1, 2025 to Mar 28, 2026
      • Discretionary RAUM · $4.3B to $3.5B
        Jul 1, 2025 to Mar 28, 2026
      • RAUM · $4.3B to $3.5B
        Jul 1, 2025 to Mar 28, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to Jul 1, 2025
      • Advisory employees · 8 to 14
        Dec 10, 2024 to Mar 28, 2025
      • Employees · 8 to 14
        Dec 10, 2024 to Mar 28, 2025
      • Discretionary RAUM · $5.4B to $4.3B
        Dec 10, 2024 to Mar 28, 2025
      • RAUM · $5.4B to $4.3B
        Dec 10, 2024 to Mar 28, 2025
      • Discretionary RAUM · $6.9B to $5.4B
        Mar 31, 2023 to Mar 26, 2024
      • RAUM · $6.9B to $5.4B
        Mar 31, 2023 to Mar 26, 2024
      • Discretionary RAUM · $3.8B to $6.9B
        Mar 30, 2022 to Mar 31, 2023
      • RAUM · $3.8B to $6.9B
        Mar 30, 2022 to Mar 31, 2023
      • Discretionary RAUM · $2.4B to $3.8B
        Mar 31, 2021 to Mar 30, 2022
      • RAUM · $2.4B to $3.8B
        Mar 31, 2021 to Mar 30, 2022
      • Advisory employees · 9 to 8
        Mar 24, 2020 to Mar 31, 2021
      • Employees · 9 to 8
        Mar 24, 2020 to Mar 31, 2021
      • Discretionary RAUM · $2.3B to $2.4B
        Mar 24, 2020 to Mar 31, 2021
      • RAUM · $2.3B to $2.4B
        Mar 24, 2020 to Mar 31, 2021
      • Advisory employees · 7 to 9
        Jul 30, 2019 to Mar 24, 2020
      • Employees · 7 to 9
        Jul 30, 2019 to Mar 24, 2020
      • Financial planning clients · 0 to unset
        Jul 30, 2019 to Mar 24, 2020
      • Discretionary RAUM · $1.9B to $2.3B
        Jul 30, 2019 to Mar 24, 2020
      • RAUM · $1.9B to $2.3B
        Jul 30, 2019 to Mar 24, 2020
      • Discretionary RAUM · $1.6B to $1.9B
        Mar 28, 2019 to Jul 30, 2019
      • RAUM · $1.6B to $1.9B
        Mar 28, 2019 to Jul 30, 2019
      • Accounts · 2 to 1
        Oct 18, 2018 to Mar 28, 2019
      • Advisory employees · 6 to 7
        Oct 18, 2018 to Mar 28, 2019
      • Employees · 6 to 7
        Oct 18, 2018 to Mar 28, 2019
      • Discretionary RAUM · $866M to $1.6B
        Oct 18, 2018 to Mar 28, 2019
      • RAUM · $866M to $1.6B
        Oct 18, 2018 to Mar 28, 2019
      • Advisory employees · 5 to 6
        Aug 31, 2017 to Mar 28, 2018
      • Employees · 5 to 6
        Aug 31, 2017 to Mar 28, 2018
      • Other offices · unset to 0.0
        Aug 31, 2017 to Mar 28, 2018
      • Discretionary RAUM · $605M to $866M
        Aug 31, 2017 to Mar 28, 2018
      • RAUM · $605M to $866M
        Aug 31, 2017 to Mar 28, 2018
      • Related adviser · false to true
        Aug 31, 2017 to Mar 28, 2018
      • Advisory employees · 0 to 5
        Mar 30, 2017 to Jun 5, 2017
      • Employees · 0 to 5
        Mar 30, 2017 to Jun 5, 2017
      Signals
      6 dated events
      • B••••••• F••• A••••••• L•• reported RAUM $6.9B, up 81% from $3.8B (2022-03-30 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • B••••••• F••• A••••••• L•• reported RAUM $3.8B, up 62% from $2.4B (2021-03-31 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Greer James Babb Iii (Chief Investment Officer) no longer on Schedule A of B••••••• F••• A••••••• L•• (listed 2019-07-30, absent 2020-03-24)
        Mar 24, 2020 · Control person left · inference
      • B••••••• F••• A••••••• L•• reported RAUM $1.6B, up 83% from $865.5M (2018-10-18 to 2019-03-28)
        Mar 28, 2019 · RAUM change · derived
      • B••••••• F••• A••••••• L•• reported RAUM $865.5M, up 43% from $604.6M (2017-08-31 to 2018-03-28)
        Mar 28, 2018 · RAUM change · derived
      • B••••••• F••• A••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 13, 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
      Principal office phone
      212-843-1601reportedpublic record, Form ADV, Mar 28, 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