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

P••••••• L••• P••••••• L••

Former SEC-registered adviserCRD 165958SEC 801-100494IAPD
Latest filing Sep 12, 2016
First filing on the tape Jun 30, 2015 · 4 filings
RAUM
$297M
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
5
3 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
4
$297M gross assets
History
4 filings and snapshots on the tape
RAUM$297M as of Sep 12, 2016
Jun 30, 2015$275M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Sep 12, 2016
Jun 30, 20150 then
Employees (5.A)5 as of Sep 12, 2016
Jun 30, 20155 then
Private funds4 as of Sep 12, 2016
Jun 30, 20158 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Sep 12, 2016; 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
$49.5MderivedRAUM 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
unknownderivedbetween 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
$2.6M, 2 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$2.6M for 2 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
      Private funds
      4 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • L•••••• J•••••••• P•••••• · Chief Compliance Officer, Managing Member, Co-Founder And Portfolio Managercontrol
        since 08/2012 · owns 75% or more
      • L•••••• J•••••••• P•••••• · Managing Member, Co-Founder And Portfolio Managercontrol
        since 08/2012 · owns 75% or more of P•• M• L••
      • M••••••••• D••••• J••• · Advisory Chairman
        since 08/2012 · owns 10% to 25%
      • S•••••••• M•••• •••• · Limited Partner
        since 12/2012 · owns 10% to 25%
      Entity owners
      • P•• M• L•• · Managing Member
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • P• O••••••••• G• L••
        bankpooled vehicle sponsorn
      • P••••••• L••• O•••••• G• L••
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • HQ city · NEW YORK to unset
        Mar 29, 2016 to Sep 12, 2016
      • HQ state · NY to unset
        Mar 29, 2016 to Sep 12, 2016
      • Assets in custody · $10.7M to $2.6M
        Sep 10, 2015 to Mar 29, 2016
      • Discretionary RAUM · $275M to $297M
        Sep 10, 2015 to Mar 29, 2016
      • RAUM · $275M to $297M
        Sep 10, 2015 to Mar 29, 2016
      • Private funds · 8 to 4
        Jun 30, 2015 to Sep 10, 2015
      Signals
      1 dated events
      • P••••••• L••• P••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 30, 2015 · 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