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

T••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Naples, FloridaCRD 169695SEC 801-78909websiteIAPD
Latest filing May 1, 2026
First filing on the tape Dec 2, 2013 · 25 filings
SEC status approved since Apr 2, 2014
RAUM
$1.4B
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
21
13 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
11
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$1.4B as of May 1, 2026
Apr 1, 2014$207M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 1, 2026
Apr 1, 20140 then
Employees (5.A)21 as of May 1, 2026
Apr 1, 201411 then
Private funds11 as of May 1, 2026
Apr 1, 20143 then
RAUM -24% over the last fiscal year-17% a year over threeIARs 0 to 0offices 3 to 2
Practice profile
derived from the filing of May 1, 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
$131MderivedRAUM 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
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
-24%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
$1.4B, 11 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • a related person has custody of client cash (9.B.1.a)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.4B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$1.4B for 11 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
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
      14 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      T••••••• P••••••• V• ••••••••• L•Real Estate Fund$1.4B78Mar 31, 2021
      T••••••• P••••••• I• ••••••••• L•Real Estate Fund$441M45Mar 30, 2017
      T••••••• P••••••• V• •••••• L•Other Private Fund$116M2Mar 31, 2021
      T••••••• P••••••• I•• ••••••••• L•Real Estate Fund$113M29Jun 16, 2014
      T••••••• P••••••• V• •••• L•Real Estate Fund$50.9M48Mar 31, 2021
      T••••••• P••••••• I• •••••• L•Other Private Fund$50.1M2Mar 31, 2018
      T••••••• P••••••• I• •••• L•Real Estate Fund$28.0M50Mar 30, 2017
      T••••••• P••••••• I•• •••• L•Real Estate Fund$10.5M52Jun 16, 2014
      T••••••• P••••••• I• ••••••••• L•Real Estate Fund$6.5M21Dec 2, 2013
      T••••••• P•••••••• L•Real Estate Fund$3.4M92Dec 2, 2013
      T••••••• P••••••• I• •••• L•Real Estate Fund$3.2M80Dec 2, 2013
      T••••••• P••••••• V• •••• L•Real Estate Fund$013Mar 22, 2024
      T••••••• P••••••• V• ••••••••• L•Real Estate Fund$024Mar 22, 2024
      T••••••• P••••••• V• •••••• L•Other Private Fund$02Mar 22, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • G•••• R•••••• M••••• · Managing Principalcontrol
        since 01/2001 · owns 25% to 50%
      • H••••••••• W•••••• S•••••• · Managing Principalcontrol
        since 06/2008 · owns 25% to 50%
      • C••••• D• O•••••••• J••• M••••••• · Chief Compliance Officer
        since 03/2024 · owns less than 5%
      Related persons
      Schedule D 7.A
      • H•••••• R••••• A•• I••••••••• L••
        investment companyn
      • T••••••• G• C••••
        pooled vehicle sponsorn
      • T••••••• G• I• L••
        pooled vehicle sponsorn
      • T••••••• G• I•• L••
        pooled vehicle sponsorn
      • T••••••• G• I• •••••• L••
        pooled vehicle sponsorn
      • T••••••• G• I• L••
        pooled vehicle sponsorn
      • T••••••• G• V• •••••• L••
        pooled vehicle sponsorn
      • T••••••• G• V• L••
        pooled vehicle sponsorn
      • T••••••• G• V• •••••• L••
        pooled vehicle sponsorn
      • T••••••• G• V• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Brookhaven, GA5 employees
      • Denver, CO2 employees
      • Tampa, FL2 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 15 to 13
        May 9, 2025 to Mar 30, 2026
      • Assets in custody · $1.9B to $1.4B
        May 9, 2025 to Mar 30, 2026
      • Employees · 25 to 21
        May 9, 2025 to Mar 30, 2026
      • Other offices · 3 to 2
        May 9, 2025 to Mar 30, 2026
      • Discretionary RAUM · $1.9B to $1.4B
        May 9, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $1.9B to $1.4B
        May 9, 2025 to Mar 30, 2026
      • RAUM · $1.9B to $1.4B
        May 9, 2025 to Mar 30, 2026
      • Financial planning clients · 0 to 0
        Mar 26, 2025 to May 9, 2025
      • Accounts · 14 to 11
        Mar 22, 2024 to Mar 26, 2025
      • Advisory employees · 18 to 15
        Mar 22, 2024 to Mar 26, 2025
      • Pooled vehicle clients · 14 to 11
        Mar 22, 2024 to Mar 26, 2025
      • Assets in custody · $2.3B to $1.9B
        Mar 22, 2024 to Mar 26, 2025
      • Employees · 28 to 25
        Mar 22, 2024 to Mar 26, 2025
      • Private funds · 14 to 11
        Mar 22, 2024 to Mar 26, 2025
      • Discretionary RAUM · $2.3B to $1.9B
        Mar 22, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $2.3B to $1.9B
        Mar 22, 2024 to Mar 26, 2025
      • RAUM · $2.3B to $1.9B
        Mar 22, 2024 to Mar 26, 2025
      • Accounts · 11 to 14
        Mar 31, 2023 to Mar 22, 2024
      • Advisory employees · 12 to 18
        Mar 31, 2023 to Mar 22, 2024
      • Pooled vehicle clients · 11 to 14
        Mar 31, 2023 to Mar 22, 2024
      • Assets in custody · $2.5B to $2.3B
        Mar 31, 2023 to Mar 22, 2024
      • Employees · 24 to 28
        Mar 31, 2023 to Mar 22, 2024
      • Financial planning clients · 11-25 to 0
        Mar 31, 2023 to Mar 22, 2024
      • Private funds · 11 to 14
        Mar 31, 2023 to Mar 22, 2024
      • Discretionary RAUM · $2.5B to $2.3B
        Mar 31, 2023 to Mar 22, 2024
      • Pooled vehicle RAUM · $2.5B to $2.3B
        Mar 31, 2023 to Mar 22, 2024
      • RAUM · $2.5B to $2.3B
        Mar 31, 2023 to Mar 22, 2024
      • Advisory employees · 8 to 12
        Oct 20, 2022 to Mar 31, 2023
      • Assets in custody · $2.0B to $2.5B
        Oct 20, 2022 to Mar 31, 2023
      • Discretionary RAUM · $2.0B to $2.5B
        Oct 20, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $2.0B to $2.5B
        Oct 20, 2022 to Mar 31, 2023
      • RAUM · $2.0B to $2.5B
        Oct 20, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 8 to 11
        Mar 31, 2021 to Mar 31, 2022
      • Assets in custody · $1.2B to $2.0B
        Mar 31, 2021 to Mar 31, 2022
      • Employees · 25 to 24
        Mar 31, 2021 to Mar 31, 2022
      • Financial planning clients · unset to 11-25
        Mar 31, 2021 to Mar 31, 2022
      • Other offices · 0 to 3
        Mar 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.2B to $2.0B
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $1.2B to $2.0B
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $1.2B to $2.0B
        Mar 31, 2021 to Mar 31, 2022
      Signals
      5 dated events
      • T••••••• M••••••••• L•• reported RAUM $2.5B, up 29% from $2.0B (2022-10-20 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • T••••••• M••••••••• L•• reported RAUM $2.0B, up 59% from $1.2B (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • T••••••• M••••••••• L•• reported RAUM $1.1B, up 36% from $818.0M (2019-03-29 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • T••••••• M••••••••• L•• reported RAUM $727.0M, up 43% from $508.4M (2017-03-30 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      • T••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Dec 2, 2013 · 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/terracap-management-llcreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      239-540-2002reportedpublic record, Form ADV, May 1, 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
      Across the graphs

      T••••••• M••••••••• 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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