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
L••••• C••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2018 · 20 filings
SEC status approved since Apr 30, 2018
RAUM
$927M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
42%
$385M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$232M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$927M as of Mar 31, 2026
Feb 6, 2019$108M then
HNW client RAUM$385M as of Mar 31, 2026
Feb 6, 2019$86.6M then
State-registered IARs (5.B.3)4 as of Mar 31, 2026
Feb 6, 20194 then
Employees (5.A)4 as of Mar 31, 2026
Feb 6, 20194 then
Private funds2 as of Mar 31, 2026
Feb 6, 20191 then
RAUM +120% over the last fiscal year+29% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- RAUM per advisor
- $232MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $19.3MderivedHNW RAUM over HNW clients
- Average account
- $28.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +120%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$431M47%
- High-net-worth individuals$385M42%
- Pooled investment vehicles$77.3M8.3%
- Investment companies$33.4M3.6%
- Individual clients
- n/areported
- HNW clients
- 20reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 33reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.42 fund_share=0.58 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| S•••• L•••••• P••••••• | Houston, Tx | Mar 19, 2014 | 13 y | 0 |
| P•••••• S•••• | Houston, Tx | Feb 15, 2018 | 16 y | 2 |
| J•••• P•••••• J•••••• | Houston, Tx | Jun 6, 2018 | 14 y | 0 |
| R••• M•••• | Houston, Tx | May 27, 2021 | 12 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- R••••••• S••••••••• to S•••••• S•••••••••Oct 29, 2018 · RIA to RIA
Joined, latest
- P•••••• S•••• from R•••••• J•••• • A••••••••• I•••Feb 15, 2018 · Affiliated broker-dealer or bank to independent RIA
Private funds
4 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| L••••• C•••••• C•••••••• F•••• L• | Hedge Fund | $62.7M | 62 | Mar 30, 2022 |
| L••••• C•••••• P••••••• I• L• | Hedge Fund | $12.9M | 14 | Feb 6, 2019 |
| L••••• C•••••• C•••••••• F••• I•• L• | Hedge Fund | $8.8M | 34 | Mar 30, 2022 |
| L••••• C•••••• C•••••••• F••• I••• L• | Hedge Fund | $8.4M | 15 | Mar 30, 2023 |
Owners and control persons
Schedule A and B, latest filing
- P•••••••• S••••• L•••••• · Managing Member/Ccocontrolsince 01/2013 · owns 75% or more
Related persons
Schedule D 7.A
- L••••• C•••••• P••••••• G•• L•pooled vehicle sponsorn
- L••••• C•••••••• G• I•• L••pooled vehicle sponsorn
- L••••• C•••••••• G• I••• L••pooled vehicle sponsorn
- L••••• C•••••••• G•• L••pooled vehicle sponsorn
- P••••• P•••••••• L••y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Houston, Tx · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- institutional to wealth shiftCombination · filing Mar 31, 2026peers: independent wealth managers, $500M to $1B (1,482)
- HNW share shiftChange between filings · filing Mar 31, 2026HNW share of RAUM moved from 6.0% to 42.0% between the annual amendments of 2025-03-27 and 2026-03-31peers: independent wealth managers, $500M to $1B (1,482)
- institutional asset share shiftChange between filings · filing Mar 31, 2026institutional share of RAUM moved from 68.0% to 47.0% between the annual amendments of 2025-03-27 and 2026-03-31peers: independent wealth managers, $500M to $1B (1,482)
- client mix shiftChange between filings · filing Mar 31, 2026private-client share of RAUM moved from 6.0% to 42.0% between the annual amendments of 2025-03-27 and 2026-03-31peers: independent wealth managers, $500M to $1B (1,482)
- RAUM up 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $421,041,365 to $927,071,889 (+120.0%) between the annual amendments of 2025-03-27 and 2026-03-31; the peer median change was +16.0% (1385 comparable advisers, 99.0th percentile of changes)peers: independent wealth managers, $500M to $1B (1,385) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 36 to 33Mar 27, 2025 to Mar 31, 2026
- HNW clients · 21 to 20Mar 27, 2025 to Mar 31, 2026
- Pooled vehicle clients · 5 to 4Mar 27, 2025 to Mar 31, 2026
- Private funds · 3 to 2Mar 27, 2025 to Mar 31, 2026
- Discretionary RAUM · $421M to $927MMar 27, 2025 to Mar 31, 2026
- HNW RAUM · $26.7M to $385MMar 27, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $78.3M to $77.3MMar 27, 2025 to Mar 31, 2026
- RAUM · $421M to $927MMar 27, 2025 to Mar 31, 2026
- Accounts · 23 to 36Mar 28, 2024 to Mar 27, 2025
- Advisory activities · 5 to 4Mar 28, 2024 to Mar 27, 2025
- HNW clients · 10 to 21Mar 28, 2024 to Mar 27, 2025
- Financial planning clients · unset to Mar 28, 2024 to Mar 27, 2025
- Private funds · 4 to 3Mar 28, 2024 to Mar 27, 2025
- Discretionary RAUM · $341M to $421MMar 28, 2024 to Mar 27, 2025
- HNW RAUM · $11.9M to $26.7MMar 28, 2024 to Mar 27, 2025
- Pooled vehicle RAUM · $92.8M to $78.3MMar 28, 2024 to Mar 27, 2025
- RAUM · $341M to $421MMar 28, 2024 to Mar 27, 2025
- Accounts · 110 to 23Aug 22, 2023 to Mar 28, 2024
- Advisory activities · 4 to 5Aug 22, 2023 to Mar 28, 2024
- Charity clients · 1.0 to unsetAug 22, 2023 to Mar 28, 2024
- HNW clients · 29 to 10Aug 22, 2023 to Mar 28, 2024
- Individual clients · 6.0 to unsetAug 22, 2023 to Mar 28, 2024
- Pooled vehicle clients · 6 to 5Aug 22, 2023 to Mar 28, 2024
- Discretionary RAUM · $434M to $341MAug 22, 2023 to Mar 28, 2024
- HNW RAUM · $35.4M to $11.9MAug 22, 2023 to Mar 28, 2024
- Individual RAUM · 1990673.0 to unsetAug 22, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $208M to $92.8MAug 22, 2023 to Mar 28, 2024
- RAUM · $434M to $341MAug 22, 2023 to Mar 28, 2024
- Accounts · 167 to 110Nov 14, 2022 to Mar 30, 2023
- Advisory activities · 1 to 4Nov 14, 2022 to Mar 30, 2023
- HNW clients · 42 to 29Nov 14, 2022 to Mar 30, 2023
- Individual clients · 11 to 6Nov 14, 2022 to Mar 30, 2023
- Pooled vehicle clients · 3 to 6Nov 14, 2022 to Mar 30, 2023
- Private funds · 3 to 4Nov 14, 2022 to Mar 30, 2023
- Discretionary RAUM · $432M to $434MNov 14, 2022 to Mar 30, 2023
- HNW RAUM · $113M to $35.4MNov 14, 2022 to Mar 30, 2023
- Individual RAUM · $3.4M to $2.0MNov 14, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $187M to $208MNov 14, 2022 to Mar 30, 2023
- RAUM · $432M to $434MNov 14, 2022 to Mar 30, 2023
- Accounts · 163 to 167Jun 4, 2021 to Mar 30, 2022
Signals
4 dated events
- L••••• C••••••• L•• reported RAUM $927.1M, up 120% from $421.0M (2025-03-27 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- L••••• C••••••• L•• reported RAUM $431.7M, up 44% from $299.6M (2021-06-04 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- L••••• C••••••• L•• reported RAUM $299.6M, up 96% from $153.0M (2020-06-16 to 2021-03-16)Mar 16, 2021 · RAUM change · derived
- L••••• C••••••• L•• filed its initial SEC registration (Form ADV)Mar 29, 2018 · 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.
How to reach
public business contact points only, each with its source
- Business phone
- 713-904-4027reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- L•••••CAPITAL.COMreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 713-904-4027reportedpublic record, Form ADV, Mar 31, 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $232Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026