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

D••••• I••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Sunny Isles Beach, FloridaCRD 174984SEC 801-81111websiteIAPD
Latest filing Aug 19, 2026
First filing on the tape Mar 4, 2015 · 30 filings
SEC status approved since Mar 11, 2015
RAUM
$4.6B
reported, Item 5.F
Discretionary
59%
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
41
34 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$4.6B as of Aug 19, 2026
Mar 24, 2016$37.3M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 19, 2026
Mar 24, 20162 then
Employees (5.A)41 as of Aug 19, 2026
Mar 24, 20167 then
Private funds1 as of Aug 19, 2026
Mar 24, 20161 then
RAUM +61% over the last fiscal year+26% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 19, 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
$569MderivedRAUM over accounts (5.F.2.f)
Discretionary
59%derivedof RAUM
Institutional
0.0%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
+61%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$4.0B, 5 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$3.1B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
8reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$4.0B for 5 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.69 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
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      D••••• M••••••• T•••• L••Other Private Fund$2.2B329Mar 28, 2018
      D•• V•••••• I• L••Hedge Fund$161M1Mar 30, 2020
      D••••• S••••••••• F••• L••no longer reportedHedge Fund$00Mar 4, 2015
      D••• V•••••• I• L•no longer reportedHedge Fund$00Mar 29, 2019
      Owners and control persons
      Schedule A and B, latest filing
      • A••••••• J•• · Chief Operating Officercontrol
        since 11/2023 · owns less than 5%
      • S••••••••• A••• · Managing Member And Ownercontrol
        since 01/2015 · owns 25% to 50%
      • S••••••••• J••••• · Managing Member And Ownercontrol
        since 01/2015 · owns 25% to 50%
      • S•••••• A••••• N••••• · Chief Financial Officer And Chief Compliance Officercontrol
        since 11/2020 · owns less than 5%
      Related persons
      Schedule D 7.A
      • D••••• L••• S•••••••• L••
        investment companyn
      • D••••• S••••••••• P••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY14 employees
      What changed
      consecutive filings, newest first
      • Business name · D••••• S••••••••• M••••••••• L•• to D••••• I••••••••• M••••••••• L••
        Apr 22, 2026 to Aug 19, 2026
      • Legal name · D••••• S••••••••• M••••••••• L•• to D••••• I••••••••• M••••••••• L••
        Apr 22, 2026 to Aug 19, 2026
      • Accounts · 7 to 8
        May 5, 2025 to Mar 31, 2026
      • Advisory employees · 24 to 34
        May 5, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 2 to 4
        May 5, 2025 to Mar 31, 2026
      • Assets in custody · $2.3B to $4.0B
        May 5, 2025 to Mar 31, 2026
      • Employees · 34 to 41
        May 5, 2025 to Mar 31, 2026
      • Private funds · unset to 1
        May 5, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.6B to $2.7B
        May 5, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $1.2B to $1.9B
        May 5, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.8B to $3.1B
        May 5, 2025 to Mar 31, 2026
      • RAUM · $2.8B to $4.6B
        May 5, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 30, 2025 to May 5, 2025
      • Accounts · 2 to 7
        Aug 20, 2024 to Mar 30, 2025
      • Advisory employees · 20 to 24
        Aug 20, 2024 to Mar 30, 2025
      • Advisory activities · 1 to 2
        Aug 20, 2024 to Mar 30, 2025
      • Assets in custody · unset to 2322741063.0
        Aug 20, 2024 to Mar 30, 2025
      • Custody of client assets · false to true
        Aug 20, 2024 to Mar 30, 2025
      • Employees · 26 to 34
        Aug 20, 2024 to Mar 30, 2025
      • Private funds · 2 to unset
        Aug 20, 2024 to Mar 30, 2025
      • Discretionary RAUM · $2.3B to $1.6B
        Aug 20, 2024 to Mar 30, 2025
      • Non-discretionary RAUM · $0 to $1.2B
        Aug 20, 2024 to Mar 30, 2025
      • Pooled vehicle RAUM · $2.3B to $1.8B
        Aug 20, 2024 to Mar 30, 2025
      • RAUM · $2.3B to $2.8B
        Aug 20, 2024 to Mar 30, 2025
      • Related broker-dealer · true to false
        Mar 22, 2024 to Aug 20, 2024
      • Advisory employees · 21 to 20
        Sep 15, 2023 to Mar 22, 2024
      • Employees · 27 to 26
        Sep 15, 2023 to Mar 22, 2024
      • Discretionary RAUM · $2.3B to $2.3B
        Sep 15, 2023 to Mar 22, 2024
      • Pooled vehicle RAUM · $2.3B to $2.3B
        Sep 15, 2023 to Mar 22, 2024
      • RAUM · $2.3B to $2.3B
        Sep 15, 2023 to Mar 22, 2024
      • Related broker-dealer · false to true
        Sep 15, 2023 to Mar 22, 2024
      • HQ city · NEW YORK to SUNNY ISLES BEACH
        Mar 10, 2023 to Sep 15, 2023
      • HQ state · NY to FL
        Mar 10, 2023 to Sep 15, 2023
      • Other offices · 0 to 1
        Mar 10, 2023 to Sep 15, 2023
      • Advisory employees · 13 to 21
        Mar 23, 2022 to Mar 10, 2023
      • Employees · 15 to 27
        Mar 23, 2022 to Mar 10, 2023
      • Private funds · 3 to 2
        Mar 23, 2022 to Mar 10, 2023
      • Discretionary RAUM · $1.5B to $2.3B
        Mar 23, 2022 to Mar 10, 2023
      • Pooled vehicle RAUM · $1.5B to $2.3B
        Mar 23, 2022 to Mar 10, 2023
      • RAUM · $1.5B to $2.3B
        Mar 23, 2022 to Mar 10, 2023
      Signals
      11 dated events
      • D••••• I••••••••• M••••••••• L•• reported RAUM $4.6B, up 61% from $2.8B (2025-05-05 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Jai Agarwal (Chief Operating Officer) appeared on Schedule A of D••••• I••••••••• M••••••••• L••
        Mar 22, 2024 · Control person joined · fact
      • D••••• I••••••••• M••••••••• L•• reported RAUM $2.3B, up 52% from $1.5B (2022-03-23 to 2023-03-10)
        Mar 10, 2023 · RAUM change · derived
      • D••••• I••••••••• M••••••••• L•• reported RAUM $1.5B, up 230% from $457.0M (2021-05-06 to 2022-03-23)
        Mar 23, 2022 · RAUM change · derived
      • Joseph William Greco (Chief Operating Officer) no longer on Schedule A of D••••• I••••••••• M••••••••• L•• (listed 2021-03-19, absent 2021-05-06)
        May 6, 2021 · Control person left · inference
      • Steven Andrew Chaimowitz (Chief Financial Officer & Compliance Associate) no longer on Schedule A of D••••• I••••••••• M••••••••• L•• (listed 2020-09-02, absent 2020-11-04)
        Nov 4, 2020 · Control person left · inference
      • Joshua Ariel Spodek (Chief Financial Officer) appeared on Schedule A of D••••• I••••••••• M••••••••• L••
        Mar 30, 2020 · Control person joined · fact
      • D••••• I••••••••• M••••••••• L•• reported RAUM $345.0M, up 109% from $165.2M (2019-03-29 to 2019-09-12)
        Sep 12, 2019 · RAUM change · derived
      • Lee Zachary Halpern (Managing Member And Owner) no longer on Schedule A of D••••• I••••••••• M••••••••• L•• (listed 2019-03-29, absent 2019-09-12)
        Sep 12, 2019 · Control person left · inference
      • D••••• I••••••••• M••••••••• L•• reported RAUM $195.2M, up 121% from $88.5M (2017-09-29 to 2018-03-28)
        Mar 28, 2018 · RAUM change · derived
      • D••••• S••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 4, 2015 · 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
      Firm profile
      linkedin.com/company/dwight-securities-management-llc/aboutreportedpublic record, Form ADV, Sep 18, 2026
      Website
      D•••••M•••••••TRUST.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-960-3750reportedpublic record, Form ADV, Aug 19, 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