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

G••••••••• C••••••• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 226650SEC 801-126146websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Jun 22, 2022 · 5 filings
SEC status approved since Jul 22, 2022
RAUM
$193M
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
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$193M as of Mar 27, 2026
Mar 3, 2023$175M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 3, 20230 then
Employees (5.A)2 as of Mar 27, 2026
Mar 3, 20234 then
Private funds2 as of Mar 27, 2026
Mar 3, 20232 then
RAUM -2.6% over the last fiscal year+3.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 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
$38.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.7%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
-2.6%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
$162M, 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$188M97%
  • Charitable organizations$5.1M2.7%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
5reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$162M for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.97 institutional_share=0.03 related_bd=false related_bank=true 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
      3 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • M•••••• K•••• H••••• · Chief Compliance Officer / Manager / Class A-1 Membercontrol
        since 12/2020 · owns 75% or more
      • C•••••• W••••••• E• · Class A-3 Member
        since 12/2020 · owns 10% to 25%
      • L•••• D••• · Member
        since 12/2020 · owns less than 5%
      Entity owners
      • D••••• A•••• D••••••••• T•••• · Member
        direct · owns less than 5%
      • D••••• A•••• · Trustee
        indirect · owns F of D••••• A•••• D••••••••• T••••
      Related persons
      Schedule D 7.A
      • C••••• S•••••• L••
        pooled vehicle sponsorn
      • G••••••••• G•••••• P••••••• L••
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 5
        Mar 31, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 5 to 4
        Mar 31, 2025 to Mar 27, 2026
      • Assets in custody · $168M to $162M
        Mar 31, 2025 to Mar 27, 2026
      • Private funds · 3 to 2
        Mar 31, 2025 to Mar 27, 2026
      • Discretionary RAUM · $198M to $193M
        Mar 31, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $192M to $188M
        Mar 31, 2025 to Mar 27, 2026
      • RAUM · $198M to $193M
        Mar 31, 2025 to Mar 27, 2026
      • Accounts · 4 to 6
        Mar 19, 2024 to Mar 31, 2025
      • Advisory employees · 3 to 2
        Mar 19, 2024 to Mar 31, 2025
      • Charity clients · unset to 1.0
        Mar 19, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 4 to 5
        Mar 19, 2024 to Mar 31, 2025
      • Assets in custody · $193M to $168M
        Mar 19, 2024 to Mar 31, 2025
      • Employees · 4 to 2
        Mar 19, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 19, 2024 to Mar 31, 2025
      • Private funds · 2 to 3
        Mar 19, 2024 to Mar 31, 2025
      • Discretionary RAUM · $209M to $198M
        Mar 19, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $209M to $192M
        Mar 19, 2024 to Mar 31, 2025
      • RAUM · $209M to $198M
        Mar 19, 2024 to Mar 31, 2025
      • Accounts · 3 to 4
        Mar 3, 2023 to Mar 19, 2024
      • Advisory employees · 4 to 3
        Mar 3, 2023 to Mar 19, 2024
      • Pooled vehicle clients · 3 to 4
        Mar 3, 2023 to Mar 19, 2024
      • Assets in custody · $170M to $193M
        Mar 3, 2023 to Mar 19, 2024
      • Discretionary RAUM · $175M to $209M
        Mar 3, 2023 to Mar 19, 2024
      • Pooled vehicle RAUM · $175M to $209M
        Mar 3, 2023 to Mar 19, 2024
      • RAUM · $175M to $209M
        Mar 3, 2023 to Mar 19, 2024
      • Accounts · 4 to 3
        Jun 22, 2022 to Mar 3, 2023
      • Pooled vehicle clients · 4 to 3
        Jun 22, 2022 to Mar 3, 2023
      • Assets in custody · $158M to $170M
        Jun 22, 2022 to Mar 3, 2023
      • Employees · 5 to 4
        Jun 22, 2022 to Mar 3, 2023
      • Private funds · 4 to 2
        Jun 22, 2022 to Mar 3, 2023
      • Discretionary RAUM · $164M to $175M
        Jun 22, 2022 to Mar 3, 2023
      • Pooled vehicle RAUM · $164M to $175M
        Jun 22, 2022 to Mar 3, 2023
      • RAUM · $164M to $175M
        Jun 22, 2022 to Mar 3, 2023
      Signals
      1 dated events
      • G••••••••• C••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 22, 2022 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/grizzlyrock-capitalreportedpublic record, Form ADV, Sep 19, 2026
      Website
      g•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      312-605-6317reportedpublic record, Form ADV, Mar 27, 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