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

N••••• H••••••• A••••••• L••

Asset manager (funds and pooled vehicles)Santa Barbara, CaliforniaCRD 166884SEC 801-80020IAPD
Latest filing Mar 27, 2026
First filing on the tape Jun 26, 2014 · 20 filings
SEC status approved since Jul 8, 2014
RAUM
$246M
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
7
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
3
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$246M as of Mar 27, 2026
Mar 31, 2015$140M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 31, 20150 then
Employees (5.A)7 as of Mar 27, 2026
Mar 31, 20151 then
Private funds3 as of Mar 27, 2026
Mar 31, 20152 then
RAUM -6.4% over the last fiscal year+8.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 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
$61.6MderivedRAUM 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
-6.4%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$246M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, 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)
      FundTypeGross assetsOwnersFirst reported
      F••••••• S•••••• S••••••••• M••••• F••• L••••••no longer reportedHedge Fund$110M40Mar 22, 2012
      A•• I••••••••• I• L••Private Equity Fund$104M17Apr 1, 2021
      N••••• P••••••••• V•••••• I•• L••Private Equity Fund$47.3M4Mar 29, 2024
      L••• N•••••Private Equity Fund$34.0M4Apr 26, 2024
      A•• A••• V••• N••••• J• L••Private Equity Fund$13.3M4Apr 26, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• T••••••• C• · Chief Executive Officercontrol
        since 11/2012 · owns 75% or more
      • M••••• B••••••• J••••• · Chief Compliance Officer
        since 03/2024 · owns less than 5%
      Related persons
      Schedule D 7.A
      • F••••••• G• L••••••
        pooled vehicle sponsorn
      • N••••• A••••••• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 3 to 4
        Nov 6, 2025 to Mar 27, 2026
      • Employees · 4 to 7
        Nov 6, 2025 to Mar 27, 2026
      • Discretionary RAUM · $263M to $246M
        Nov 6, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $263M to $246M
        Nov 6, 2025 to Mar 27, 2026
      • RAUM · $263M to $246M
        Nov 6, 2025 to Mar 27, 2026
      • Financial planning clients · 0 to
        Apr 26, 2024 to Mar 27, 2025
      • Other offices · 0 to 1
        Apr 26, 2024 to Mar 27, 2025
      • Discretionary RAUM · $151M to $263M
        Apr 26, 2024 to Mar 27, 2025
      • Pooled vehicle RAUM · $151M to $263M
        Apr 26, 2024 to Mar 27, 2025
      • RAUM · $151M to $263M
        Apr 26, 2024 to Mar 27, 2025
      • Accounts · 5 to 4
        Mar 29, 2024 to Apr 26, 2024
      • Pooled vehicle clients · 4 to 3
        Mar 29, 2024 to Apr 26, 2024
      • Private funds · 2 to 3
        Mar 29, 2024 to Apr 26, 2024
      • Accounts · 4 to 5
        Dec 14, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 3 to 4
        Dec 14, 2023 to Mar 29, 2024
      • Employees · 5 to 4
        Dec 14, 2023 to Mar 29, 2024
      • Private funds · 1 to 2
        Dec 14, 2023 to Mar 29, 2024
      • Discretionary RAUM · $196M to $151M
        Dec 14, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $97.9M to $151M
        Dec 14, 2023 to Mar 29, 2024
      • RAUM · $196M to $151M
        Dec 14, 2023 to Mar 29, 2024
      • Accounts · 7 to 4
        Jul 22, 2022 to Mar 27, 2023
      • Pooled vehicle clients · 6 to 3
        Jul 22, 2022 to Mar 27, 2023
      • Employees · 3 to 5
        Jul 22, 2022 to Mar 27, 2023
      • Discretionary RAUM · $170M to $196M
        Jul 22, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $104M to $97.9M
        Jul 22, 2022 to Mar 27, 2023
      • RAUM · $170M to $196M
        Jul 22, 2022 to Mar 27, 2023
      • Discretionary RAUM · $171M to $170M
        Mar 14, 2022 to Jul 22, 2022
      • Pooled vehicle RAUM · $105M to $104M
        Mar 14, 2022 to Jul 22, 2022
      • RAUM · $171M to $170M
        Mar 14, 2022 to Jul 22, 2022
      • Advisory employees · 2 to 3
        Aug 2, 2021 to Mar 14, 2022
      • Business name · F•• U• L•• to N••••• H••••••• A••••••• L••
        Aug 2, 2021 to Mar 14, 2022
      • Employees · 2 to 3
        Aug 2, 2021 to Mar 14, 2022
      • Legal name · F•• U• L•• to N••••• H••••••• A••••••• L••
        Aug 2, 2021 to Mar 14, 2022
      • Private funds · 2 to 1
        Aug 2, 2021 to Mar 14, 2022
      • Discretionary RAUM · $158M to $171M
        Aug 2, 2021 to Mar 14, 2022
      • Pooled vehicle RAUM · $118M to $105M
        Aug 2, 2021 to Mar 14, 2022
      • RAUM · $158M to $171M
        Aug 2, 2021 to Mar 14, 2022
      • Accounts · 6 to 7
        Apr 1, 2021 to Aug 2, 2021
      • Advisory employees · 1 to 2
        Apr 1, 2021 to Aug 2, 2021
      • Pooled vehicle clients · 2 to 6
        Apr 1, 2021 to Aug 2, 2021
      Signals
      2 dated events
      • N••••• H••••••• A••••••• L•• reported RAUM $263.1M, up 74% from $151.2M (2024-04-26 to 2025-03-27)
        Mar 27, 2025 · RAUM change · derived
      • F•• U• L•• filed its initial SEC registration (Form ADV)
        Jun 26, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      805-880-4105reportedpublic record, Form ADV, Mar 27, 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