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

L•••• I••••••••• A•••••••

Independent wealth managerRye, New YorkCRD 172638SEC 801-80225IAPD
Legal name L•••• H••••••• L••
Latest filing Jun 1, 2026
First filing on the tape Aug 13, 2014 · 17 filings
SEC status approved since Aug 26, 2014
RAUM
$30.0M
reported, Item 5.F
Discretionary
83%
of RAUM
Private clients
100%
$30.0M 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
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$30.0M as of Jun 1, 2026
Mar 31, 2015$45.0M then
HNW client RAUM$30.0M as of Jun 1, 2026
Feb 14, 2018$45.0M then
State-registered IARs (5.B.3)1 as of Jun 1, 2026
Mar 31, 20150 then
Employees (5.A)2 as of Jun 1, 2026
Mar 31, 20152 then
Private funds: no history
RAUM -35% over the last fiscal year-15% a year over threeIARs 1 to 1offices 1 to 0
Practice profile
derived from the filing of Jun 1, 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
$30.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
12derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$2.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
83%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-46%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-69%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$30.0M100%
Individual clients
0reported
HNW clients
12reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
12reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••••••• D•••• · Ceo, President, Ccocontrol
    since 08/2014 · 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
Hackettstown, Nj000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 21 to 12
    Apr 30, 2025 to Jun 1, 2026
  • HNW clients · 21 to 12
    Apr 30, 2025 to Jun 1, 2026
  • Other offices · 1 to 0
    Apr 30, 2025 to Jun 1, 2026
  • Discretionary RAUM · $23.1M to $25.0M
    Apr 30, 2025 to Jun 1, 2026
  • HNW RAUM · $25.0M to $30.0M
    Apr 30, 2025 to Jun 1, 2026
  • Non-discretionary RAUM · $1.9M to $5.0M
    Apr 30, 2025 to Jun 1, 2026
  • RAUM · $25.0M to $30.0M
    Apr 30, 2025 to Jun 1, 2026
  • Accounts · 87 to 21
    May 8, 2024 to Apr 30, 2025
  • Advisory employees · 2 to 1
    May 8, 2024 to Apr 30, 2025
  • HNW clients · 30 to 21
    May 8, 2024 to Apr 30, 2025
  • Individual clients · 38 to 0
    May 8, 2024 to Apr 30, 2025
  • Employees · 3 to 2
    May 8, 2024 to Apr 30, 2025
  • fin p••••••• clients · 0 to 0
    May 8, 2024 to Apr 30, 2025
  • Discretionary RAUM · $41.0M to $23.1M
    May 8, 2024 to Apr 30, 2025
  • HNW RAUM · $23.5M to $25.0M
    May 8, 2024 to Apr 30, 2025
  • Individual RAUM · 22500000.0 to unset
    May 8, 2024 to Apr 30, 2025
  • Non-discretionary RAUM · $5.0M to $1.9M
    May 8, 2024 to Apr 30, 2025
  • RAUM · $46.0M to $25.0M
    May 8, 2024 to Apr 30, 2025
  • Accounts · 68 to 87
    Mar 31, 2023 to May 8, 2024
  • Discretionary RAUM · $46.0M to $41.0M
    Mar 31, 2023 to May 8, 2024
  • HNW RAUM · $26.0M to $23.5M
    Mar 31, 2023 to May 8, 2024
  • Individual RAUM · $23.0M to $22.5M
    Mar 31, 2023 to May 8, 2024
  • Non-discretionary RAUM · $3.0M to $5.0M
    Mar 31, 2023 to May 8, 2024
  • RAUM · $49.0M to $46.0M
    Mar 31, 2023 to May 8, 2024
  • Accounts · 66 to 68
    Mar 31, 2022 to Mar 31, 2023
  • Individual clients · 35 to 38
    Mar 31, 2022 to Mar 31, 2023
  • Accounts · 65 to 66
    Apr 1, 2021 to Mar 31, 2022
  • Discretionary RAUM · $45.0M to $46.0M
    Apr 1, 2021 to Mar 31, 2022
  • HNW RAUM · $48.0M to $26.0M
    Apr 1, 2021 to Mar 31, 2022
  • Individual RAUM · $0 to $23.0M
    Apr 1, 2021 to Mar 31, 2022
  • RAUM · $48.0M to $49.0M
    Apr 1, 2021 to Mar 31, 2022
  • Accounts · 24 to 65
    Sep 11, 2020 to Apr 1, 2021
  • Advisory employees · 1 to 2
    Sep 11, 2020 to Apr 1, 2021
  • HNW clients · 24 to 30
    Sep 11, 2020 to Apr 1, 2021
  • Individual clients · unset to 35.0
    Sep 11, 2020 to Apr 1, 2021
  • Employees · 2 to 3
    Sep 11, 2020 to Apr 1, 2021
  • State-registered IARs · 0 to 1
    Sep 11, 2020 to Apr 1, 2021
  • Other offices · 0 to 1
    Sep 11, 2020 to Apr 1, 2021
  • HNW RAUM · $45.0M to $48.0M
    Sep 11, 2020 to Apr 1, 2021
  • Non-discretionary RAUM · $0 to $3.0M
    Sep 11, 2020 to Apr 1, 2021
Signals
2 dated events
  • M•••••• A• M••••• left L•••• I••••••••• A••••••• for T•• F•••••••• P••••••• C•••••• L•• (registered 2024-11-19)
    Dec 31, 2024 · Advisor changed firm · fact
  • L•••• I••••••••• A••••••• filed its initial SEC registration (Form ADV)
    Aug 13, 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.
How to reach
public business contact points only, each with its source
Principal office phone
917-208-8661reportedpublic record, Form ADV, Jun 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
Independent wealth managerderiveda 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