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

S•••••• C•••••• M•••••••••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 168318SEC 801-79703websiteIAPD
Legal name S•••••• C•••••• M••••••••• L••
Latest filing Mar 27, 2026
First filing on the tape Apr 28, 2014 · 23 filings
SEC status approved since Jun 4, 2014
RAUM
$513M
reported, Item 5.F
Discretionary
81%
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
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$513M as of Mar 27, 2026
Feb 13, 2015$75.0M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Feb 13, 20150 then
Employees (5.A)7 as of Mar 27, 2026
Feb 13, 20153 then
Private funds6 as of Mar 27, 2026
Mar 29, 20182 then
RAUM -14% over the last fiscal year+1.4% 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
$73.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
81%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
-14%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$356M, 6 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$356M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$356M for 6 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.7 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
      8 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • V••••••• J•••• N••••••• · Chief Executive Officer, Managing Membercontrol
        since 08/2010 · owns 75% or more
      • V••••••• J•••• N••••••• · Managing Membercontrol
        since 12/2018 · owns 75% or more of A••• H••••••• I• L••
      • O••••••• C••••• •••• · Chief Compliance Officer And Chief Financial Officer
        since 08/2019 · owns less than 5%
      Entity owners
      • A••• H••••••• I• L•• · Member
        direct · owns 75% or more
      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 · $422M to $356M
        Aug 7, 2025 to Mar 27, 2026
      • Discretionary RAUM · $494M to $414M
        Aug 7, 2025 to Mar 27, 2026
      • Non-discretionary RAUM · $101M to $98.8M
        Aug 7, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $422M to $356M
        Aug 7, 2025 to Mar 27, 2026
      • RAUM · $595M to $513M
        Aug 7, 2025 to Mar 27, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to May 14, 2025
      • Assets in custody · $417M to $422M
        Mar 27, 2024 to Mar 28, 2025
      • Discretionary RAUM · $469M to $494M
        Mar 27, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $110M to $101M
        Mar 27, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $417M to $422M
        Mar 27, 2024 to Mar 28, 2025
      • RAUM · $579M to $595M
        Mar 27, 2024 to Mar 28, 2025
      • Assets in custody · $394M to $418M
        Jun 30, 2023 to Mar 27, 2024
      • Discretionary RAUM · $384M to $469M
        Jun 30, 2023 to Mar 27, 2024
      • Non-discretionary RAUM · $108M to $110M
        Jun 30, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $394M to $417M
        Jun 30, 2023 to Mar 27, 2024
      • RAUM · $492M to $579M
        Jun 30, 2023 to Mar 27, 2024
      • Assets in custody · $418M to $417M
        Mar 27, 2024 to Mar 27, 2024
      • Advisory employees · 8 to 7
        Mar 30, 2022 to Mar 25, 2023
      • Assets in custody · $427M to $394M
        Mar 30, 2022 to Mar 25, 2023
      • Employees · 9 to 7
        Mar 30, 2022 to Mar 25, 2023
      • Discretionary RAUM · $377M to $384M
        Mar 30, 2022 to Mar 25, 2023
      • Non-discretionary RAUM · $132M to $108M
        Mar 30, 2022 to Mar 25, 2023
      • Pooled vehicle RAUM · $427M to $394M
        Mar 30, 2022 to Mar 25, 2023
      • RAUM · $508M to $492M
        Mar 30, 2022 to Mar 25, 2023
      • Advisory employees · 9 to 8
        Mar 31, 2021 to Mar 30, 2022
      • Assets in custody · $415M to $427M
        Mar 31, 2021 to Mar 30, 2022
      • Discretionary RAUM · $387M to $377M
        Mar 31, 2021 to Mar 30, 2022
      • Non-discretionary RAUM · $119M to $132M
        Mar 31, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $415M to $427M
        Mar 31, 2021 to Mar 30, 2022
      • RAUM · $506M to $508M
        Mar 31, 2021 to Mar 30, 2022
      • Accounts · 5 to 7
        Mar 30, 2020 to Mar 31, 2021
      • Advisory employees · 6 to 9
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 4 to 6
        Mar 30, 2020 to Mar 31, 2021
      • Assets in custody · $78.8M to $415M
        Mar 30, 2020 to Mar 31, 2021
      • Employees · 6 to 9
        Mar 30, 2020 to Mar 31, 2021
      • Private funds · 4 to 6
        Mar 30, 2020 to Mar 31, 2021
      • Discretionary RAUM · $0 to $387M
        Mar 30, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $179M to $119M
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $78.8M to $415M
        Mar 30, 2020 to Mar 31, 2021
      • RAUM · $179M to $506M
        Mar 30, 2020 to Mar 31, 2021
      Signals
      2 dated events
      • S•••••• C•••••• M••••••••• reported RAUM $505.7M, up 183% from $178.8M (2020-03-30 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • S•••••• C•••••• M••••••••• filed its initial SEC registration (Form ADV)
        Apr 28, 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
      Firm profile
      linkedin.com/company/systima-capital-management-llcreportedpublic record, Form ADV, Sep 18, 2026
      Website
      S••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-481-7229reportedpublic 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