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•••••••• L••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 169688SEC 801-79345websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 6, 2014 · 32 filings
SEC status approved since Mar 28, 2014
RAUM
$949M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$949M
derived; firm RAUM over IAPD count
Employees
15
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
7
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$949M as of Mar 30, 2026
Mar 30, 2015$350M then
HNW client RAUM$0 as of Mar 30, 2026
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 30, 20150 then
Employees (5.A)15 as of Mar 30, 2026
Mar 30, 201513 then
Private funds7 as of Mar 30, 2026
Mar 30, 20151 then
RAUM +18% over the last fiscal year-2.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$949MderivedRAUM 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
$136MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
15.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%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 pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 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
  • 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$949M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, 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
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
W•••••• L••• B••••••Dallas, TxMar 20, 201414 y1
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
Private funds
6 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
  • B••••••• W••••••• L••• · Membercontrol
    since 03/2014 · owns 50% to 75%
  • G••••••••• B•••••••• L••••••• · Chief Compliance Officer / Chief Financial Officercontrol
    since 01/2021 · owns less than 5%
  • H•••••• D••••• C••••••• · Membercontrol
    since 03/2014 · owns 10% to 25%
  • M••••• M•••• C••••••••• · Membercontrol
    since 03/2014 · owns 25% to 50%
Related persons
Schedule D 7.A
  • A••••••• P••••••• I• G•• L••
    pooled vehicle sponsory
  • F••• R••••• C•••••••• G•• L••
    pooled vehicle sponsory
  • P••••••• O••••••••• L••
    insurancey
  • P••••••• P••••••• I• G•• L••
    pooled vehicle sponsory
  • P••••••• P••••••• I•• G•• L••
    pooled vehicle sponsory
Advisers that list P•••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 6 to 7
    Mar 28, 2025 to Mar 30, 2026
  • Pooled vehicle clients · 6 to 7
    Mar 28, 2025 to Mar 30, 2026
  • Private funds · 6 to 7
    Mar 28, 2025 to Mar 30, 2026
  • Discretionary RAUM · $808M to $949M
    Mar 28, 2025 to Mar 30, 2026
  • Pooled vehicle RAUM · $808M to $949M
    Mar 28, 2025 to Mar 30, 2026
  • RAUM · $808M to $949M
    Mar 28, 2025 to Mar 30, 2026
  • Advisory employees · 8 to 6
    Apr 26, 2024 to Mar 28, 2025
  • Employees · 16 to 15
    Apr 26, 2024 to Mar 28, 2025
  • Financial planning clients · unset to
    Apr 26, 2024 to Mar 28, 2025
  • Discretionary RAUM · $914M to $808M
    Apr 26, 2024 to Mar 28, 2025
  • Pooled vehicle RAUM · $914M to $808M
    Apr 26, 2024 to Mar 28, 2025
  • RAUM · $914M to $808M
    Apr 26, 2024 to Mar 28, 2025
  • Discretionary RAUM · $868M to $914M
    Mar 29, 2024 to Apr 26, 2024
  • Pooled vehicle RAUM · $868M to $914M
    Mar 29, 2024 to Apr 26, 2024
  • RAUM · $868M to $914M
    Mar 29, 2024 to Apr 26, 2024
  • Employees · 14 to 16
    Mar 30, 2023 to Mar 29, 2024
  • Discretionary RAUM · $1.0B to $868M
    Mar 30, 2023 to Mar 29, 2024
  • Pooled vehicle RAUM · $1.0B to $868M
    Mar 30, 2023 to Mar 29, 2024
  • RAUM · $1.0B to $868M
    Mar 30, 2023 to Mar 29, 2024
  • Related adviser · true to false
    Mar 30, 2023 to Mar 29, 2024
  • Related bank · true to false
    Mar 30, 2023 to Mar 29, 2024
  • Discretionary RAUM · $872M to $1.0B
    Mar 31, 2022 to Mar 30, 2023
  • Pooled vehicle RAUM · $872M to $1.0B
    Mar 31, 2022 to Mar 30, 2023
  • RAUM · $872M to $1.0B
    Mar 31, 2022 to Mar 30, 2023
  • Advisory employees · 4 to 8
    Jul 30, 2021 to Mar 31, 2022
  • Employees · 16 to 14
    Jul 30, 2021 to Mar 31, 2022
  • Discretionary RAUM · $809M to $872M
    Jul 30, 2021 to Mar 31, 2022
  • Pooled vehicle RAUM · $809M to $872M
    Jul 30, 2021 to Mar 31, 2022
  • RAUM · $809M to $872M
    Jul 30, 2021 to Mar 31, 2022
  • Accounts · 3 to 6
    Mar 30, 2021 to Jul 30, 2021
  • Pooled vehicle clients · 3 to 6
    Mar 30, 2021 to Jul 30, 2021
  • Private funds · 3 to 6
    Mar 30, 2021 to Jul 30, 2021
  • Discretionary RAUM · $571M to $809M
    Mar 30, 2021 to Jul 30, 2021
  • Pooled vehicle RAUM · $571M to $809M
    Mar 30, 2021 to Jul 30, 2021
  • RAUM · $571M to $809M
    Mar 30, 2021 to Jul 30, 2021
  • Employees · 14 to 16
    Jan 15, 2021 to Mar 30, 2021
  • Discretionary RAUM · $646M to $571M
    Jan 15, 2021 to Mar 30, 2021
  • Pooled vehicle RAUM · $646M to $571M
    Jan 15, 2021 to Mar 30, 2021
  • RAUM · $646M to $571M
    Jan 15, 2021 to Mar 30, 2021
  • Discretionary RAUM · $678M to $646M
    Jun 10, 2019 to Mar 27, 2020
Signals
5 dated events
  • P•••••••• L•• reported RAUM $808.7M, up 42% from $570.9M (2021-03-30 to 2021-07-30)
    Jul 30, 2021 · RAUM change · derived
  • Nethery Amanda Coussens (Chief Compliance Officer / Chief Financial Officer) no longer on Schedule A of P•••••••• L•• (listed 2020-03-27, absent 2021-01-15)
    Jan 15, 2021 · Control person left · inference
  • Lorraine Brittany Glendenning (Chief Compliance Officer / Chief Financial Officer) appeared on Schedule A of P•••••••• L••
    Jan 15, 2021 · Control person joined · fact
  • P•••••••• L•• reported RAUM $643.6M, up 67% from $384.7M (2018-03-29 to 2018-04-25)
    Apr 25, 2018 · RAUM change · derived
  • P•••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 6, 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
H••••://WWW.LINKEDIN.COM/COMPANY/A•••••••-PARTNERSreportedpublic record, Form ADV, Sep 18, 2026
Firm profile
H••••://WWW.LINKEDIN.COM/COMPANY/P•••••••LLCreportedpublic record, Form ADV, Sep 18, 2026
Website
H••••://WWW.P•••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
214-871-7967reportedpublic record, Form ADV, Mar 30, 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
$949Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026
Across the graphs

P•••••••• L•• is the same institution as 1 record in Real Estate Funds.

Real Estate Funds1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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