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
A•• C•••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Jun 12, 2018 · 17 filings
SEC status approved since Jul 17, 2018
RAUM
$297M
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
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$297M as of Mar 31, 2026
Mar 11, 2019$139M then
HNW client RAUM$0 as of Mar 31, 2026
Mar 11, 2019$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 11, 20190 then
Employees (5.A)3 as of Mar 31, 2026
Mar 11, 20192 then
Private funds1 as of Mar 31, 2026
Mar 11, 20191 then
RAUM -27% over the last fiscal year+1.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
- $148MderivedRAUM 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
- -27%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 pooled vehiclesreportedItem 5.G
- Custody
- $297M, 2 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
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$297M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 2reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $297M for 2 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0derived
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
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| A•• C•••••• P•••••••• L• | Hedge Fund | $474M | 149 | Jul 22, 2015 |
Owners and control persons
Schedule A and B, latest filing
- S••••••••• M••••••• T••••• · Chief Financial Officercontrolsince 12/2021 · owns less than 5%
- W••••• A•••• D•••• · Managing Member, Chief Compliance Officercontrolsince 09/2010 · owns 75% or more
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
- Assets in custody · $405M to $297MMar 12, 2025 to Mar 31, 2026
- Discretionary RAUM · $405M to $297MMar 12, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $405M to $297MMar 12, 2025 to Mar 31, 2026
- RAUM · $405M to $297MMar 12, 2025 to Mar 31, 2026
- Assets in custody · $474M to $405MMar 28, 2024 to Mar 12, 2025
- Financial planning clients · unset to Mar 28, 2024 to Mar 12, 2025
- HQ city · unset to Mar 28, 2024 to Mar 12, 2025
- HQ state · unset to Mar 28, 2024 to Mar 12, 2025
- Discretionary RAUM · $474M to $405MMar 28, 2024 to Mar 12, 2025
- Pooled vehicle RAUM · $474M to $405MMar 28, 2024 to Mar 12, 2025
- RAUM · $474M to $405MMar 28, 2024 to Mar 12, 2025
- Assets in custody · $284M to $474MMar 31, 2023 to Mar 28, 2024
- Discretionary RAUM · $284M to $474MMar 31, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $284M to $474MMar 31, 2023 to Mar 28, 2024
- RAUM · $284M to $474MMar 31, 2023 to Mar 28, 2024
- BD registered reps · 0 to 1Dec 1, 2022 to Mar 31, 2023
- Assets in custody · $389M to $284MDec 1, 2022 to Mar 31, 2023
- Discretionary RAUM · $389M to $284MDec 1, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $389M to $284MDec 1, 2022 to Mar 31, 2023
- RAUM · $389M to $284MDec 1, 2022 to Mar 31, 2023
- Assets in custody · $329M to $389MNov 10, 2021 to Mar 24, 2022
- Discretionary RAUM · $329M to $389MNov 10, 2021 to Mar 24, 2022
- Pooled vehicle RAUM · $329M to $389MNov 10, 2021 to Mar 24, 2022
- RAUM · $329M to $389MNov 10, 2021 to Mar 24, 2022
- Accounts · 1 to 2Sep 9, 2020 to Mar 26, 2021
- Pooled vehicle clients · 1 to 2Sep 9, 2020 to Mar 26, 2021
- Assets in custody · $106M to $329MSep 9, 2020 to Mar 26, 2021
- Employees · 2 to 3Sep 9, 2020 to Mar 26, 2021
- Discretionary RAUM · $106M to $329MSep 9, 2020 to Mar 26, 2021
- Pooled vehicle RAUM · $106M to $329MSep 9, 2020 to Mar 26, 2021
- RAUM · $106M to $329MSep 9, 2020 to Mar 26, 2021
- HQ city · NEW YORK to unsetMar 10, 2020 to Jul 8, 2020
- HQ state · NY to unsetMar 10, 2020 to Jul 8, 2020
- Assets in custody · $139M to $106MSep 9, 2019 to Mar 10, 2020
- Discretionary RAUM · $139M to $106MSep 9, 2019 to Mar 10, 2020
- Pooled vehicle RAUM · $139M to $106MSep 9, 2019 to Mar 10, 2020
- RAUM · $139M to $106MSep 9, 2019 to Mar 10, 2020
- Assets in custody · $193M to $139MJun 12, 2018 to Mar 11, 2019
- Private funds · 2 to 1Jun 12, 2018 to Mar 11, 2019
- Discretionary RAUM · $193M to $139MJun 12, 2018 to Mar 11, 2019
Signals
7 dated events
- A•• C•••••• M••••••••• L•• reported RAUM $296.8M, down 27% from $405.5M (2025-03-12 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- A•• C•••••• M••••••••• L•• reported RAUM $473.5M, up 67% from $284.4M (2023-03-31 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- A•• C•••••• M••••••••• L•• reported RAUM $284.4M, down 27% from $389.2M (2022-12-01 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- T••••• M•••••• S••••••••• (Chief Financial Officer) appeared on Schedule A of A•• C•••••• M••••••••• L••Mar 24, 2022 · Control person joined · fact
- A•• C•••••• M••••••••• L•• reported RAUM $329.2M, up 210% from $106.1M (2020-09-09 to 2021-03-26)Mar 26, 2021 · RAUM change · derived
- A J•••• M•••• (Chief Compliance Officer, Chief Operating Officer) no longer on Schedule A of A•• C•••••• M••••••••• L•• (listed 2019-03-11, absent 2019-08-29)Aug 29, 2019 · Control person left · inference
- A•• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Jun 12, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- A•• C•••••• M••••••••• L•• · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/adw-capitalreportedpublic record, Form ADV, Sep 18, 2026
- Website
- H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 646-684-4086reportedpublic record, Form ADV, Mar 31, 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