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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Former SEC-registered adviser

S••• A•••••• I••••••••• P•••••••

Former SEC-registered adviserRoslyn Heights, New YorkCRD 165370SEC 801-110957IAPD
Legal name S••• A•••••• I••••••••• P•••••••• L••
Latest filing Aug 27, 2020
First filing on the tape Jun 30, 2017 · 10 filings
RAUM
$621M
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
20
17 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
$204M gross assets
History
10 filings and snapshots on the tape
RAUM$608M as of Mar 30, 2020
Mar 30, 2018$300M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2020
Mar 30, 20180 then
Employees (5.A)21 as of Mar 30, 2020
Mar 30, 201818 then
Private funds4 as of Mar 30, 2020
Mar 30, 20182 then
RAUM +107% over the last fiscal yearIARs 0 to 0offices 2 to 0
Practice profile
derived from the filing of Aug 27, 2020; 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
$155MderivedRAUM 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
+103%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 vehiclesreportedItem 5.G
Custody
$621M, 4 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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$621M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$621M for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
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
      • M•••••• W••••••• A•••••• · Chief Executive Officercontrol
        since 04/2011 · owns less than 5%
      • M•••••• M•••• D•••••• · Chief Investment Officercontrol
        since 01/2012 · owns less than 5%
      • M•••••• J•••••••• L•• · Chief Operating Officer And G•••••• Counselcontrol
        since 09/2015 · owns less than 5%
      • P••••• C••••••••• · Presidentcontrol
        since 04/2011 · owns less than 5%
      • V•• S•••• F••••••• L•• · Chief Compliance Officercontrol
        since 02/2020 · owns less than 5%
      • F••••••••• A••••••• D• · Owner
        since 12/2002 · owns 75% or more of A••••
      Entity owners
      • S••• A•••••• I••••••••• H•••••• C••••••• L•• · Majority Owner
        direct · owns 75% or more
      • T•••••• C•••••• A••••••• · Owner
        indirect · owns 25% to 50% of T•••••• C•••••• S••
      • T•••••• C•••••• A••••••• · Owner
        indirect · owns 75% or more of T•••••• C•••••• G•••••• P••••••
      • T•••••• C•••••• G•••••• P•••••• · Owner
        indirect · owns F of T•••••• C•••••• S••
      • T•••••• C•••••• N•••• A•••••• L•• · Owner
        indirect · owns 75% or more of S••• A•••••• I••••••••• H•••••• C••••••• L••
      • T•••••• C•••••• S•• · Sole Member
        indirect · owns 75% or more of T•••••• C•••••• N•••• A•••••• L••
      • A•••• · Owner
        indirect · owns 25% to 50% of T•••••• C•••••• A•••••••
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Related adviser · false to true
        May 26, 2020 to Aug 27, 2020
      • Assets in custody · $608M to $621M
        Mar 30, 2020 to May 26, 2020
      • Employees · 21 to 20
        Mar 30, 2020 to May 26, 2020
      • Other offices · 1 to 0
        Mar 30, 2020 to May 26, 2020
      • Discretionary RAUM · $608M to $621M
        Mar 30, 2020 to May 26, 2020
      • Pooled vehicle RAUM · $608M to $621M
        Mar 30, 2020 to May 26, 2020
      • RAUM · $608M to $621M
        Mar 30, 2020 to May 26, 2020
      • Accounts · 2 to 4
        Mar 10, 2020 to Mar 30, 2020
      • Advisory employees · 13 to 17
        Mar 10, 2020 to Mar 30, 2020
      • Pooled vehicle clients · 2 to 4
        Mar 10, 2020 to Mar 30, 2020
      • Assets in custody · $300M to $608M
        Mar 10, 2020 to Mar 30, 2020
      • Employees · 19 to 21
        Mar 10, 2020 to Mar 30, 2020
      • Other offices · 2 to 1
        Mar 10, 2020 to Mar 30, 2020
      • Private funds · 2 to 4
        Mar 10, 2020 to Mar 30, 2020
      • Discretionary RAUM · $300M to $608M
        Mar 10, 2020 to Mar 30, 2020
      • Pooled vehicle RAUM · $300M to $608M
        Mar 10, 2020 to Mar 30, 2020
      • RAUM · $300M to $608M
        Mar 10, 2020 to Mar 30, 2020
      • Advisory employees · 14 to 13
        Apr 30, 2018 to Mar 29, 2019
      • Employees · 18 to 19
        Apr 30, 2018 to Mar 29, 2019
      • Other offices · 5 to 2
        Apr 30, 2018 to Mar 29, 2019
      • Advisory employees · 13 to 14
        Jan 11, 2018 to Mar 30, 2018
      • Other offices · 4 to 5
        Jan 11, 2018 to Mar 30, 2018
      • Advisory employees · 15 to 13
        Jun 30, 2017 to Jan 11, 2018
      • Pooled vehicle clients · unset to 2.0
        Jun 30, 2017 to Jan 11, 2018
      • Other offices · unset to 4.0
        Jun 30, 2017 to Jan 11, 2018
      • Private funds · 4 to 2
        Jun 30, 2017 to Jan 11, 2018
      • Pooled vehicle RAUM · unset to 300000000.0
        Jun 30, 2017 to Jan 11, 2018
      Signals
      4 dated events
      • S••• A•••••• I••••••••• P••••••• reported RAUM $608.2M, up 103% from $300.0M (2020-03-10 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Leo F•••••• Van S••• (Chief Compliance Officer) appeared on Schedule A of S••• A•••••• I••••••••• P•••••••
        Mar 10, 2020 · Control person joined · fact
      • P. Glenn Cummins (Co-Chief Operating Officer, Chief Financial Officer And Chief Compliance Officer) no longer on Schedule A of S••• A•••••• I••••••••• P••••••• (listed 2019-03-29, absent 2020-01-10)
        Jan 10, 2020 · Control person left · inference
      • S••• A•••••• I••••••••• P••••••• filed its initial SEC registration (Form ADV)
        Jun 30, 2017 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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
      Former SEC-registered 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