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

P••••••••

Independent wealth managerNew York, New YorkCRD 168859SEC 801-78537websiteIAPD
Legal name P•••••••• A•••••••• L••
Latest filing Mar 2, 2026
First filing on the tape Aug 29, 2013 · 27 filings
SEC status approved since Sep 9, 2013
RAUM
$762M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
97%
$741M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$190M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$762M as of Mar 2, 2026
Mar 28, 2014$74.5M then
HNW client RAUM$739M as of Mar 2, 2026
Mar 12, 2018$227M then
State-registered IARs (5.B.3)2 as of Mar 2, 2026
Mar 28, 20143 then
Employees (5.A)5 as of Mar 2, 2026
Mar 28, 20143 then
Private funds: no history
RAUM +14% over the last fiscal year+19% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 2, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$190MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
29derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.7MderivedHNW RAUM over HNW clients
Average account
$1.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
1.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$739M97%
  • Corporations and businesses$11.8M1.5%
  • Charitable organizations$8.8M1.2%
  • Individuals$1.9M0.3%
Individual clients
6reported
HNW clients
111reported
Pension plan clients
n/areported
Charitable clients
3reported
Accounts
493reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••• F•••••••• S•••••••New York, NyJan 20, 201613 y0
S•••••• M••••New York, NyJan 20, 201613 y0
C•••• J••••• H•••••New York, NyJan 20, 201613 y0
M•••••• E•••••• L•••New York, NyOct 18, 202322 y0
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••• C••••• J••••• · Managing Partner And Chief Compliance Officercontrol
        since 07/2013 · owns 25% to 50%
      • M••••• S•••••• · Partnercontrol
        since 09/2013 · owns 10% to 25%
      • S•••••••• S••••• F•••••••• · Managing Partnercontrol
        since 07/2013 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      New York, Ny · principal400
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 458 to 493
        Feb 13, 2025 to Mar 2, 2026
      • Charity clients · 1 to 3
        Feb 13, 2025 to Mar 2, 2026
      • Corporate clients · 2 to 3
        Feb 13, 2025 to Mar 2, 2026
      • HNW clients · 110 to 111
        Feb 13, 2025 to Mar 2, 2026
      • Individual clients · 7 to 6
        Feb 13, 2025 to Mar 2, 2026
      • Discretionary RAUM · $662M to $757M
        Feb 13, 2025 to Mar 2, 2026
      • HNW RAUM · $644M to $739M
        Feb 13, 2025 to Mar 2, 2026
      • Individual RAUM · $9.5M to $1.9M
        Feb 13, 2025 to Mar 2, 2026
      • Non-discretionary RAUM · $4.6M to $4.9M
        Feb 13, 2025 to Mar 2, 2026
      • RAUM · $667M to $762M
        Feb 13, 2025 to Mar 2, 2026
      • Accounts · 435 to 458
        Jan 10, 2025 to Feb 13, 2025
      • Financial planning clients · 101-250 to 101-250
        Jan 10, 2025 to Feb 13, 2025
      • Discretionary RAUM · $586M to $662M
        Jan 10, 2025 to Feb 13, 2025
      • HNW RAUM · $572M to $644M
        Jan 10, 2025 to Feb 13, 2025
      • Individual RAUM · $8.5M to $9.5M
        Jan 10, 2025 to Feb 13, 2025
      • Non-discretionary RAUM · $5.2M to $4.6M
        Jan 10, 2025 to Feb 13, 2025
      • RAUM · $592M to $667M
        Jan 10, 2025 to Feb 13, 2025
      • Accounts · 497 to 435
        Mar 22, 2023 to Mar 5, 2024
      • Advisory employees · 3 to 4
        Mar 22, 2023 to Mar 5, 2024
      • Corporate clients · 5 to 2
        Mar 22, 2023 to Mar 5, 2024
      • HNW clients · 102 to 110
        Mar 22, 2023 to Mar 5, 2024
      • Individual clients · 8 to 7
        Mar 22, 2023 to Mar 5, 2024
      • Employees · 4 to 5
        Mar 22, 2023 to Mar 5, 2024
      • State-registered IARs · 3 to 2
        Mar 22, 2023 to Mar 5, 2024
      • Discretionary RAUM · $451M to $586M
        Mar 22, 2023 to Mar 5, 2024
      • HNW RAUM · $437M to $572M
        Mar 22, 2023 to Mar 5, 2024
      • Individual RAUM · $7.2M to $8.5M
        Mar 22, 2023 to Mar 5, 2024
      • Non-discretionary RAUM · $5.0M to $5.2M
        Mar 22, 2023 to Mar 5, 2024
      • RAUM · $456M to $592M
        Mar 22, 2023 to Mar 5, 2024
      • Accounts · 540 to 497
        Jan 25, 2023 to Mar 22, 2023
      • HNW clients · 100 to 102
        Jan 25, 2023 to Mar 22, 2023
      • Employees · 5 to 4
        Jan 25, 2023 to Mar 22, 2023
      • State-registered IARs · 4 to 3
        Jan 25, 2023 to Mar 22, 2023
      • Discretionary RAUM · $485M to $451M
        Jan 25, 2023 to Mar 22, 2023
      • HNW RAUM · $467M to $437M
        Jan 25, 2023 to Mar 22, 2023
      • Individual RAUM · $4.4M to $7.2M
        Jan 25, 2023 to Mar 22, 2023
      • Non-discretionary RAUM · $5.2M to $5.0M
        Jan 25, 2023 to Mar 22, 2023
      • RAUM · $490M to $456M
        Jan 25, 2023 to Mar 22, 2023
      • Accounts · 354 to 540
        Mar 4, 2021 to Feb 7, 2022
      • Corporate clients · 4 to 5
        Mar 4, 2021 to Feb 7, 2022
      Signals
      2 dated events
      • Perennial reported RAUM $591.7M, up 30% from $455.9M (2023-03-22 to 2024-03-05)
        Mar 5, 2024 · RAUM change · derived
      • P•••••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 29, 2013 · 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 email
      info@perennial.comreportedpublished by the firm, firm site, Sep 17, 2026
      Business phone
      212-652-3900reportedpublished by the firm, firm site, Sep 17, 2026
      Firm profile
      H•••S://WWW.LINKEDIN.COM/COMPANY/10144223reportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-652-3900reportedpublic record, Form ADV, Mar 2, 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
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $190Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026