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

A•• L•••• L••

Former SEC-registered adviserCRD 172175SEC 801-111742IAPD
Latest filing Mar 30, 2023
First filing on the tape Aug 24, 2017 · 18 filings
RAUM
$100M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
73%
$73.2M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$100M as of Mar 30, 2023
Mar 28, 2018$117M then
HNW client RAUM$52.0M as of Mar 30, 2023
Mar 28, 2018$49.0M then
State-registered IARs (5.B.3)2 as of Mar 30, 2023
Mar 28, 20183 then
Employees (5.A)3 as of Mar 30, 2023
Mar 28, 20185 then
Private funds: 1
RAUM +11% over the last fiscal year+3.6% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 30, 2023; every figure names its basis
RAUM per advisor
$50.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
35derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$945,455derivedHNW RAUM over HNW clients
Average account
$1.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+35%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
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
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$52.0M58%
  • Individuals$21.2M24%
  • Charitable organizations$16.6M18%
Individual clients
15reported
HNW clients
55reported
Pension plan clients
n/areported
Charitable clients
3reported
Accounts
74reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
B••••••• U• E•••••no longer reportedHedge Fund$31.0M20Mar 1, 2018
Owners and control persons
Schedule A and B, latest filing
  • W••••••••• D•••••• B•••• · Managing Member, Ceo And Ccocontrol
    since 07/2014 · owns less than 5%
  • W••••••••• D•••••• B•••• · Managing Membercontrol
    since 12/2018 · owns 50% to 75% of W••••••••• P•••••••• L••
Entity owners
  • W••••••••• P•••••••• L•• · Owner
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Marino, Ca000
Winnetka, Il000
Offices
Schedule D 1.F, the 25 largest
  • San Marino, CA1 employees
What changed
consecutive filings, newest first
  • Accounts · 73 to 74
    Jun 3, 2022 to Mar 30, 2023
  • Charity clients · 2 to 3
    Jun 3, 2022 to Mar 30, 2023
  • HNW clients · 21 to 55
    Jun 3, 2022 to Mar 30, 2023
  • Individual clients · 31 to 15
    Jun 3, 2022 to Mar 30, 2023
  • Discretionary RAUM · $90.0M to $100M
    Jun 3, 2022 to Mar 30, 2023
  • HNW RAUM · $52.2M to $52.0M
    Jun 3, 2022 to Mar 30, 2023
  • Individual RAUM · $20.0M to $21.2M
    Jun 3, 2022 to Mar 30, 2023
  • RAUM · $90.0M to $100M
    Jun 3, 2022 to Mar 30, 2023
  • Accounts · 55 to 73
    Sep 7, 2021 to Mar 31, 2022
  • Corporate clients · 1.0 to unset
    Sep 7, 2021 to Mar 31, 2022
  • HNW clients · 14 to 21
    Sep 7, 2021 to Mar 31, 2022
  • Individual clients · 38 to 31
    Sep 7, 2021 to Mar 31, 2022
  • Employees · 4 to 3
    Sep 7, 2021 to Mar 31, 2022
  • Discretionary RAUM · $96.0M to $90.0M
    Sep 7, 2021 to Mar 31, 2022
  • HNW RAUM · $55.0M to $52.2M
    Sep 7, 2021 to Mar 31, 2022
  • Individual RAUM · $30.0M to $20.0M
    Sep 7, 2021 to Mar 31, 2022
  • RAUM · $96.0M to $90.0M
    Sep 7, 2021 to Mar 31, 2022
  • HQ city · CHICAGO to unset
    Mar 12, 2021 to Sep 7, 2021
  • HQ state · IL to unset
    Mar 12, 2021 to Sep 7, 2021
  • Accounts · 65 to 55
    Jun 29, 2020 to Mar 12, 2021
  • Corporate clients · 2 to 1
    Jun 29, 2020 to Mar 12, 2021
  • HNW clients · 31 to 14
    Jun 29, 2020 to Mar 12, 2021
  • Individual clients · 24 to 38
    Jun 29, 2020 to Mar 12, 2021
  • Discretionary RAUM · $90.0M to $96.0M
    Jun 29, 2020 to Mar 12, 2021
  • HNW RAUM · $60.0M to $55.0M
    Jun 29, 2020 to Mar 12, 2021
  • Individual RAUM · $25.0M to $30.0M
    Jun 29, 2020 to Mar 12, 2021
  • RAUM · $90.0M to $96.0M
    Jun 29, 2020 to Mar 12, 2021
  • HNW RAUM · $62.0M to $60.0M
    Mar 30, 2020 to Jun 9, 2020
  • Individual RAUM · $23.0M to $25.0M
    Mar 30, 2020 to Jun 9, 2020
  • Discretionary RAUM · $66.9M to $90.0M
    Oct 30, 2019 to Mar 30, 2020
  • HNW RAUM · $50.9M to $62.0M
    Oct 30, 2019 to Mar 30, 2020
  • Individual RAUM · $10.9M to $23.0M
    Oct 30, 2019 to Mar 30, 2020
  • RAUM · $66.9M to $90.0M
    Oct 30, 2019 to Mar 30, 2020
  • Charity clients · unset to 2.0
    Jan 30, 2019 to Oct 30, 2019
  • Corporate clients · 1 to 2
    Jan 30, 2019 to Oct 30, 2019
  • HNW clients · 33 to 31
    Jan 30, 2019 to Oct 30, 2019
  • Individual clients · 12 to 24
    Jan 30, 2019 to Oct 30, 2019
  • Discretionary RAUM · $42.2M to $66.9M
    Jan 30, 2019 to Oct 30, 2019
  • HNW RAUM · $37.5M to $50.9M
    Jan 30, 2019 to Oct 30, 2019
  • Individual RAUM · $4.5M to $10.9M
    Jan 30, 2019 to Oct 30, 2019
Signals
3 dated events
  • D••••• B•••• W••••••••• left A•• L•••• L•• for M•••• A•••••• P•••••••• L•• (registered 2023-07-21)
    Sep 26, 2023 · Advisor changed firm · fact
  • R•••••• P•••• B••••• left A•• L•••• L•• for M•••• A•••••• P•••••••• L•• (registered 2023-07-21)
    Sep 26, 2023 · Advisor changed firm · fact
  • B••••••• C••••••• L•• filed its initial SEC registration (Form ADV)
    Aug 24, 2017 · 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