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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
E•• M••••••••• S••••••• L••
Latest filing Mar 26, 2026
First filing on the tape Sep 7, 2017 · 16 filings
SEC status approved since Oct 5, 2017
RAUM
$411M
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
17
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
5
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$411M as of Mar 26, 2026
Mar 1, 2018$215M then
HNW client RAUM$0 as of Mar 26, 2026
Mar 5, 2025$0 then
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 1, 20180 then
Employees (5.A)17 as of Mar 26, 2026
Mar 1, 201812 then
Private funds5 as of Mar 26, 2026
Mar 1, 20183 then
RAUM +5.1% over the last fiscal year-5.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 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
- $82.1MderivedRAUM 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
- unknownderived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.1%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
- $411M, 5 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)
- 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$411M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 5reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $411M for 5 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
5 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| E•• V•••••• F••• V• L• | Venture Capital Fund | $215M | 204 | Jun 16, 2022 |
| E•• V•••••• F••• I•• L• | Venture Capital Fund | $95.6M | 92 | Dec 2, 2020 |
| E•• V•••••• F••• I••• L• | Venture Capital Fund | $74.6M | 97 | Sep 7, 2017 |
| E•• V•••••• F••• I•• L• | Venture Capital Fund | $23.5M | 99 | Dec 1, 2014 |
| E•• V•••••• F•••• L• | Venture Capital Fund | $2.8M | 61 | Sep 11, 2013 |
Owners and control persons
Schedule A and B, latest filing
- C•••• S••••• S••••• · Member And Managing Directorcontrolsince 05/2012 · owns 25% to 50%
- L•••••• J••••• D••••• · Member And Managing Directorcontrolsince 05/2012 · owns 25% to 50%
- R••••••• S••••••• M•••• · Member And Managing Directorcontrolsince 05/2012 · owns 25% to 50%
- S••••••••• J••••• M•••••• · Chief Compliance Officercontrolsince 12/2020 · owns less than 5%
Related persons
Schedule D 7.A
- E•• G• I•• L••pooled vehicle sponsorn
- E•• G• I••• L••pooled vehicle sponsorn
- E•• G• I•• L••pooled vehicle sponsorn
- E•• G• V• L••pooled vehicle sponsorn
- E•• M••••••••• L••pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
- Memphis, TN6 employees
What changed
consecutive filings, newest first
- Assets in custody · $391M to $411MMar 5, 2025 to Mar 26, 2026
- Discretionary RAUM · $391M to $411MMar 5, 2025 to Mar 26, 2026
- Pooled vehicle RAUM · $391M to $411MMar 5, 2025 to Mar 26, 2026
- RAUM · $391M to $411MMar 5, 2025 to Mar 26, 2026
- Advisory employees · 18 to 5Mar 27, 2024 to Mar 5, 2025
- Charity clients · unset to 0.0Mar 27, 2024 to Mar 5, 2025
- Corporate clients · unset to 0.0Mar 27, 2024 to Mar 5, 2025
- HNW clients · unset to 0.0Mar 27, 2024 to Mar 5, 2025
- Individual clients · unset to 0.0Mar 27, 2024 to Mar 5, 2025
- Pension plan clients · unset to 0.0Mar 27, 2024 to Mar 5, 2025
- Assets in custody · $412M to $391MMar 27, 2024 to Mar 5, 2025
- Employees · 18 to 17Mar 27, 2024 to Mar 5, 2025
- Financial planning clients · unset to Mar 27, 2024 to Mar 5, 2025
- Discretionary RAUM · $412M to $391MMar 27, 2024 to Mar 5, 2025
- HNW RAUM · unset to 0.0Mar 27, 2024 to Mar 5, 2025
- Individual RAUM · unset to 0.0Mar 27, 2024 to Mar 5, 2025
- Pension RAUM · unset to 0.0Mar 27, 2024 to Mar 5, 2025
- Pooled vehicle RAUM · $412M to $391MMar 27, 2024 to Mar 5, 2025
- RAUM · $412M to $391MMar 27, 2024 to Mar 5, 2025
- Advisory employees · 17 to 18Mar 30, 2023 to Mar 27, 2024
- Assets in custody · $484M to $412MMar 30, 2023 to Mar 27, 2024
- Employees · 17 to 18Mar 30, 2023 to Mar 27, 2024
- Discretionary RAUM · $484M to $412MMar 30, 2023 to Mar 27, 2024
- Pooled vehicle RAUM · $484M to $412MMar 30, 2023 to Mar 27, 2024
- RAUM · $484M to $412MMar 30, 2023 to Mar 27, 2024
- Advisory employees · 15 to 17Jun 16, 2022 to Mar 30, 2023
- Assets in custody · $587M to $484MJun 16, 2022 to Mar 30, 2023
- Employees · 15 to 17Jun 16, 2022 to Mar 30, 2023
- Discretionary RAUM · $587M to $484MJun 16, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $587M to $484MJun 16, 2022 to Mar 30, 2023
- RAUM · $587M to $484MJun 16, 2022 to Mar 30, 2023
- Accounts · 4 to 5Mar 30, 2022 to Jun 16, 2022
- Pooled vehicle clients · 4 to 5Mar 30, 2022 to Jun 16, 2022
- Assets in custody · $382M to $587MMar 30, 2022 to Jun 16, 2022
- Private funds · 4 to 5Mar 30, 2022 to Jun 16, 2022
- Discretionary RAUM · $382M to $587MMar 30, 2022 to Jun 16, 2022
- Pooled vehicle RAUM · $382M to $587MMar 30, 2022 to Jun 16, 2022
- RAUM · $382M to $587MMar 30, 2022 to Jun 16, 2022
- Advisory employees · 14 to 15Mar 22, 2021 to Mar 30, 2022
- Assets in custody · $354M to $382MMar 22, 2021 to Mar 30, 2022
Signals
4 dated events
- E•• M••••••••• S••••••• L•• reported RAUM $586.8M, up 54% from $382.2M (2022-03-30 to 2022-06-16)Jun 16, 2022 · RAUM change · derived
- Michael James Sousoulas (Chief Financial Officer) appeared on Schedule A of E•• M••••••••• S••••••• L••Mar 22, 2021 · Control person joined · fact
- Daniel Paul Yacoubian (Chief Financial Officer) no longer on Schedule A of E•• M••••••••• S••••••• L•• (listed 2020-12-03, absent 2021-03-22)Mar 22, 2021 · Control person left · inference
- E•• M••••••••• S••••••• L•• filed its initial SEC registration (Form ADV)Sep 7, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- E•• M••••••••• S••••••• L•• · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/employee-stock-option-fund-eso-fundreportedpublic record, Form ADV, Sep 19, 2026
- Website
- ESOFUND.COMreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 650-262-6670reportedpublic record, Form ADV, Mar 26, 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