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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Former SEC-registered adviser

J•••••• S••••• P•••••••• L••

Former SEC-registered adviserLarkspur, CaliforniaCRD 170064SEC 801-79255websiteIAPD
Latest filing Mar 24, 2025
First filing on the tape Feb 19, 2014 · 31 filings
SEC status approved since Feb 24, 2014
RAUM
$995M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.1%
$1.1M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$995M as of Mar 24, 2025
Mar 26, 2015$28B then
HNW client RAUM$1.1M as of Mar 24, 2025
Mar 28, 2018$140M then
State-registered IARs (5.B.3)0 as of Mar 24, 2025
Mar 26, 20150 then
Employees (5.A)4 as of Mar 24, 2025
Mar 26, 201519 then
Private funds1 as of Mar 24, 2025
Mar 16, 20211 then
RAUM -68% over the last fiscal year-57% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 24, 2025; 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
$90.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
56%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-68%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 individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$41.5M, 1 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.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
  • Investment companies$380M38%
  • State and municipal entities$350M35%
  • Pension and profit-sharing plans$189M19%
  • Pooled investment vehicles$52.7M5.3%
  • Charitable organizations$22.0M2.2%
  • High-net-worth individuals$1.1M0.1%
Individual clients
0reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$41.5M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
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
      2 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• K••••••• F•••••• · Member Of Board Of Directors, Chairmancontrol
        since 01/2023 · owns less than 5%
      • E•••••••• C••••••••• M••••• · Managing Partner And Chief Financial Officercontrol
        since 01/2024 · owns less than 5%
      • F••••• I••• D••••• · Member Of Board Of Directors, Chief Investment Officercontrol
        since 01/2023 · owns less than 5%
      • K••••••• S••• · Chief Compliance Officercontrol
        since 09/2015 · owns less than 5%
      • V•• H••••• J••••••• S•••••• · Member Of Board Of Directorscontrol
        since 12/2013 · owns less than 5%
      Entity owners
      • C••••••••• S••••• P•••••••• L• · Member
        direct · owns 50% to 75%
      • A••••••••• M••••••• G••••• I••• · Member
        indirect · owns 75% or more of J•• A••••••••• L•• · public reporting company
      • C••••••••• S••••• P••••••• G•• L•• · General Partner
        indirect · owns F of C••••••••• S••••• P•••••••• L•
      • J•• A••••••••• L•• · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      No related person reported.
      Advisers that list J•••••• S••••• P•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 25 to 11
        Aug 1, 2024 to Mar 24, 2025
      • Advisory employees · 8 to 4
        Aug 1, 2024 to Mar 24, 2025
      • BD registered reps · 2 to 0
        Aug 1, 2024 to Mar 24, 2025
      • Pension plan clients · 7.0 to unset
        Aug 1, 2024 to Mar 24, 2025
      • Pooled vehicle clients · 7 to 3
        Aug 1, 2024 to Mar 24, 2025
      • Assets in custody · $122M to $41.5M
        Aug 1, 2024 to Mar 24, 2025
      • Employees · 20 to 4
        Aug 1, 2024 to Mar 24, 2025
      • Financial planning clients · unset to
        Aug 1, 2024 to Mar 24, 2025
      • Private funds · 2 to 1
        Aug 1, 2024 to Mar 24, 2025
      • Discretionary RAUM · $3.1B to $995M
        Aug 1, 2024 to Mar 24, 2025
      • HNW RAUM · $1.7M to $1.1M
        Aug 1, 2024 to Mar 24, 2025
      • Pension RAUM · $467M to $189M
        Aug 1, 2024 to Mar 24, 2025
      • Pooled vehicle RAUM · $882M to $52.7M
        Aug 1, 2024 to Mar 24, 2025
      • RAUM · $3.1B to $995M
        Aug 1, 2024 to Mar 24, 2025
      • HQ city · SAN FRANCISCO to LARKSPUR
        Mar 28, 2024 to Aug 1, 2024
      • Accounts · 33 to 25
        Apr 20, 2023 to Mar 28, 2024
      • Advisory employees · 12 to 8
        Apr 20, 2023 to Mar 28, 2024
      • Advisory activities · 5 to 4
        Apr 20, 2023 to Mar 28, 2024
      • BD registered reps · 3 to 2
        Apr 20, 2023 to Mar 28, 2024
      • Pension plan clients · 11 to 7
        Apr 20, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 8 to 7
        Apr 20, 2023 to Mar 28, 2024
      • Assets in custody · $119M to $122M
        Apr 20, 2023 to Mar 28, 2024
      • Employees · 25 to 20
        Apr 20, 2023 to Mar 28, 2024
      • Discretionary RAUM · $3.8B to $3.1B
        Apr 20, 2023 to Mar 28, 2024
      • HNW RAUM · $2.1M to $1.7M
        Apr 20, 2023 to Mar 28, 2024
      • Pension RAUM · $864M to $467M
        Apr 20, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $994M to $882M
        Apr 20, 2023 to Mar 28, 2024
      • RAUM · $3.8B to $3.1B
        Apr 20, 2023 to Mar 28, 2024
      • Accounts · 45 to 33
        Mar 31, 2022 to Mar 30, 2023
      • Advisory employees · 13 to 12
        Mar 31, 2022 to Mar 30, 2023
      • BD registered reps · 4 to 3
        Mar 31, 2022 to Mar 30, 2023
      • Pension plan clients · 19 to 11
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 10 to 8
        Mar 31, 2022 to Mar 30, 2023
      • Assets in custody · $107M to $119M
        Mar 31, 2022 to Mar 30, 2023
      • Employees · 31 to 25
        Mar 31, 2022 to Mar 30, 2023
      • Discretionary RAUM · $12B to $3.8B
        Mar 31, 2022 to Mar 30, 2023
      • HNW RAUM · $30.7M to $2.1M
        Mar 31, 2022 to Mar 30, 2023
      • Pension RAUM · $5.6B to $864M
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $1.7B to $994M
        Mar 31, 2022 to Mar 30, 2023
      • RAUM · $12B to $3.8B
        Mar 31, 2022 to Mar 30, 2023
      Signals
      12 dated events
      • J•••••• S••••• P•••••••• L•• no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $995.1M)
        Jan 2, 2026 · Left the SEC roster · derived
      • J•••••• S••••• P•••••••• L•• reported RAUM $995.1M, down 68% from $3.1B (2024-08-01 to 2025-03-24)
        Mar 24, 2025 · RAUM change · derived
      • Martin Christopher Ericksen (Managing Partner And Chief Financial Officer) appeared on Schedule A of J•••••• S••••• P•••••••• L••
        Mar 28, 2024 · Control person joined · fact
      • Van Tran (Chief Financial Officer And Head Of Culture And Diversity) no longer on Schedule A of J•••••• S••••• P•••••••• L•• (listed 2023-04-20, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Daniel Ian Ferry (Member Of Board Of Directors, Co-Chief Investment Officer) appeared on Schedule A of J•••••• S••••• P•••••••• L••
        Mar 30, 2023 · Control person joined · fact
      • Farnham Kenneth Broad (Member Of Board Of Directors, Co-Chairman) appeared on Schedule A of J•••••• S••••• P•••••••• L••
        Mar 30, 2023 · Control person joined · fact
      • J•••••• S••••• P•••••••• L•• reported RAUM $3.8B, down 69% from $12.3B (2022-03-31 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • Jay Kevin Brown (Member Of Board Of Directors, Managing Partner) no longer on Schedule A of J•••••• S••••• P•••••••• L•• (listed 2022-03-31, absent 2023-03-30)
        Mar 30, 2023 · Control person left · inference
      • Jay Daniel Prislin (Member Of Board Of Directors) no longer on Schedule A of J•••••• S••••• P•••••••• L•• (listed 2022-03-31, absent 2023-03-30)
        Mar 30, 2023 · Control person left · inference
      • J•••••• S••••• P•••••••• L•• reported RAUM $12.3B, down 52% from $25.5B (2021-10-21 to 2022-03-25)
        Mar 25, 2022 · RAUM change · derived
      • J•••••• S••••• P•••••••• L•• reported RAUM $25.5B, up 28% from $19.9B (2020-12-08 to 2021-03-16)
        Mar 16, 2021 · RAUM change · derived
      • J•••••• S••••• P•••••••• L•• filed its initial SEC registration (Form ADV)
        Feb 19, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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
      Former SEC-registered adviserderiveda 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