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

L••••• R•••••

Former SEC-registered adviserDanville, CaliforniaCRD 170554SEC 801-79484IAPD
Legal name S•••• I•••
Latest filing Mar 31, 2015
First filing on the tape Mar 26, 2014 · 3 filings
RAUM
$88.9M
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
2
1 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
7
$88.9M gross assets
History
3 filings and snapshots on the tape
RAUM$88.9M as of Mar 31, 2015
Mar 26, 2014$204M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2015
Mar 26, 20140 then
Employees (5.A)2 as of Mar 31, 2015
Mar 26, 20142 then
Private funds7 as of Mar 31, 2015
Mar 26, 20149 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Mar 31, 2015; 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
$12.7MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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 pooled vehiclesreportedItem 5.G
Custody
$88.9M, 7 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$88.9M for 7 clientsreported
Compensation
% of AUM, fixed, 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
      Every departureEvery arrival
      Private funds
      9 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      L••••• R••••• P••••••• I•• L•Real Estate Fund$55.2M46Feb 16, 2012
      L••••• R••••• P••••••• I••••• L•Real Estate Fund$35.4M12Feb 16, 2012
      L••••• R••••• P••••••• I•• L••Real Estate Fund$9.5M21Feb 16, 2012
      L••••• R••••• P••••••• I• I••••••••• A••• L•Real Estate Fund$7.9M28Mar 25, 2014
      L••••• R••••• P••••••• I• ••••• L•Real Estate Fund$7.3M2Feb 16, 2012
      L••••• R••••• P••••••• I••• L•Real Estate Fund$5.5M6Feb 16, 2012
      L••••• R••••• P•••••••• L••Real Estate Fund$3.7M3Feb 16, 2012
      L••••• R••••• P••••••• I• I••••••••• I• A••• L•Real Estate Fund$3.2M28Mar 25, 2014
      L••••• R••••• P••••••• I• U••••• A••• L•Real Estate Fund$2.2M11Mar 25, 2014
      Owners and control persons
      Schedule A and B, latest filing
      • L•••••••• S••••• M••••••• · Chief Executive Officercontrol
        since 11/2001 · owns less than 5%
      • L•••••••• S••••• M••••••• · Trusteecontrol
        since 09/1999 · owns 75% or more of S•••• A•• L•••• L••••••• R•••••••• T•••• D•••• J••• 9• 1•••
      • M••••• S•••• D• · Director Finance And Accounting, Chief Compliance Officer
        since 03/2009 · owns less than 5%
      Entity owners
      • S•••• A•• L•••• L••••••• R•••••••• T•••• D•••• J••• 9• 1••• · Managing Member
        direct · owns 75% or more
      • S•••• A•• L•••• L••••••• R•••••••• T•••• D•••• J••• 9• 1••• · Trust
        indirect · owns 75% or more of S•••, Inc
      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
      • Accounts · 9 to 7
        Apr 14, 2014 to Mar 31, 2015
      • Assets in custody · $204M to $88.9M
        Apr 14, 2014 to Mar 31, 2015
      • Private funds · 9 to 7
        Apr 14, 2014 to Mar 31, 2015
      • Discretionary RAUM · $204M to $88.9M
        Apr 14, 2014 to Mar 31, 2015
      • RAUM · $204M to $88.9M
        Apr 14, 2014 to Mar 31, 2015
      Signals
      1 dated events
      • L••••• R••••• filed its initial SEC registration (Form ADV)
        Mar 26, 2014 · 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.
      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
      Across the graphs

      L••••• R••••• 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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