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

R••••••• C••••••• L••

Former SEC-registered adviserSan Francisco, CaliforniaCRD 167177SEC 801-88202IAPD
Latest filing Mar 29, 2023
First filing on the tape Mar 31, 2015 · 10 filings
RAUM
$129M
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
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$29.3M gross assets
History
10 filings and snapshots on the tape
RAUM$129M as of Mar 29, 2023
Mar 11, 2016$145M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 29, 2023
Mar 11, 20160 then
Employees (5.A)4 as of Mar 29, 2023
Mar 11, 20167 then
Private funds1 as of Mar 29, 2023
Mar 11, 20161 then
RAUM -36% over the last fiscal year-8.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 29, 2023; 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
$64.3MderivedRAUM 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
-36%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$29.3M, 1 clientsreportedItem 9.A
Ownership
controlled by a public reporting companyderived
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)
  • 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)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$29.3M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$29.3M for 1 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      R••••••• C•••• L•Hedge Fund$29.3M13Mar 31, 2015
      Owners and control persons
      Schedule A and B, latest filing
      • A••••• J•••• H••••• · Chief Executive Officer, Managing Membercontrol
        since 04/2013 · owns 75% or more
      • W••••••••• K••• · Chief Financial Officer, Chief Compliance Officercontrol
        since 04/2014 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $79.6M to $29.3M
        Mar 30, 2022 to Mar 29, 2023
      • Employees · 5 to 4
        Mar 30, 2022 to Mar 29, 2023
      • Discretionary RAUM · $202M to $129M
        Mar 30, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $79.6M to $29.3M
        Mar 30, 2022 to Mar 29, 2023
      • RAUM · $202M to $129M
        Mar 30, 2022 to Mar 29, 2023
      • Assets in custody · $75.1M to $79.6M
        Mar 29, 2021 to Mar 30, 2022
      • Discretionary RAUM · $177M to $202M
        Mar 29, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $75.1M to $79.6M
        Mar 29, 2021 to Mar 30, 2022
      • RAUM · $177M to $202M
        Mar 29, 2021 to Mar 30, 2022
      • Assets in custody · $70.2M to $75.1M
        Mar 30, 2020 to Mar 29, 2021
      • Discretionary RAUM · $170M to $177M
        Mar 30, 2020 to Mar 29, 2021
      • Pooled vehicle RAUM · $70.2M to $75.1M
        Mar 30, 2020 to Mar 29, 2021
      • RAUM · $170M to $177M
        Mar 30, 2020 to Mar 29, 2021
      • Assets in custody · $79.5M to $70.2M
        Mar 29, 2019 to Mar 30, 2020
      • Discretionary RAUM · $164M to $170M
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $79.5M to $70.2M
        Mar 29, 2019 to Mar 30, 2020
      • RAUM · $164M to $170M
        Mar 29, 2019 to Mar 30, 2020
      • Advisory employees · 4 to 3
        Mar 29, 2018 to Mar 29, 2019
      • Assets in custody · $114M to $79.5M
        Mar 29, 2018 to Mar 29, 2019
      • Employees · 6 to 5
        Mar 29, 2018 to Mar 29, 2019
      • Discretionary RAUM · $221M to $164M
        Mar 29, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $114M to $79.5M
        Mar 29, 2018 to Mar 29, 2019
      • RAUM · $221M to $164M
        Mar 29, 2018 to Mar 29, 2019
      • Pooled vehicle clients · unset to 1.0
        Mar 22, 2017 to Mar 29, 2018
      • Assets in custody · $94.2M to $114M
        Mar 22, 2017 to Mar 29, 2018
      • Employees · 7 to 6
        Mar 22, 2017 to Mar 29, 2018
      • Other offices · unset to 0.0
        Mar 22, 2017 to Mar 29, 2018
      • Discretionary RAUM · $206M to $221M
        Mar 22, 2017 to Mar 29, 2018
      • Pooled vehicle RAUM · unset to 114350540.0
        Mar 22, 2017 to Mar 29, 2018
      • RAUM · $206M to $221M
        Mar 22, 2017 to Mar 29, 2018
      • Assets in custody · $65.0M to $94.2M
        Mar 11, 2016 to Mar 22, 2017
      • Discretionary RAUM · $145M to $206M
        Mar 11, 2016 to Mar 22, 2017
      • RAUM · $145M to $206M
        Mar 11, 2016 to Mar 22, 2017
      • Assets in custody · $47.6M to $65.0M
        Aug 14, 2015 to Mar 11, 2016
      • Employees · 5 to 7
        Aug 14, 2015 to Mar 11, 2016
      • Discretionary RAUM · $129M to $145M
        Aug 14, 2015 to Mar 11, 2016
      • RAUM · $129M to $145M
        Aug 14, 2015 to Mar 11, 2016
      • Accounts · 1 to 2
        Mar 31, 2015 to Aug 14, 2015
      • Assets in custody · $13.2M to $47.6M
        Mar 31, 2015 to Aug 14, 2015
      • Discretionary RAUM · $13.2M to $129M
        Mar 31, 2015 to Aug 14, 2015
      Signals
      1 dated events
      • R••••••• C••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 31, 2015 · 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.
      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