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
R••••••• L••• H•••••••• L••
Latest filing May 5, 2025
First filing on the tape Sep 21, 2015 · 18 filings
SEC status approved since Sep 25, 2015
RAUM
$287M
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
10
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$287M as of May 5, 2025
Mar 30, 2016$273M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 5, 2025
Mar 30, 20160 then
Employees (5.A)10 as of May 5, 2025
Mar 30, 201617 then
Private funds1 as of May 5, 2025
Mar 30, 20161 then
RAUM -2.9% over the last fiscal year-1.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 5, 2025; 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
- $287MderivedRAUM 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
- -4.3%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
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- 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$287M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- 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
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 |
|---|---|---|---|---|
| R••••••• L••• F••• V• L• | Real Estate Fund | $297M | 85 | Dec 21, 2015 |
Owners and control persons
Schedule A and B, latest filing
- G••••• J••••• W•••••• · Senior Partner / Membercontrolsince 01/2002 · owns 25% to 50%
- J••••••• P•••• M••••• · Director Of Accounting / Chief Compliance Officercontrolsince 07/2015 · owns less than 5%
- L••••••••• B••••••• J••••• · Senior Partner / Managing Membercontrolsince 03/1998 · owns 25% to 50%
- L••••••••• B••••• J••• · Principalcontrolsince 08/2013 · owns less than 5%
- P•••••• A••••• M•••••• · Partner / Membercontrolsince 01/2002 · owns 25% to 50%
Related persons
Schedule D 7.A
- R••••••• L••• H••••••• L•n
- R••••••• L••• H••••••• V• L•pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · unset to Mar 7, 2025 to May 5, 2025
- Discretionary RAUM · $283M to $287MMar 7, 2025 to May 5, 2025
- Pooled vehicle RAUM · $283M to $287MMar 7, 2025 to May 5, 2025
- RAUM · $283M to $287MMar 7, 2025 to May 5, 2025
- Advisory employees · 7 to 8May 15, 2024 to Mar 7, 2025
- Employees · 9 to 10May 15, 2024 to Mar 7, 2025
- Discretionary RAUM · $297M to $283MMay 15, 2024 to Mar 7, 2025
- Pooled vehicle RAUM · $297M to $283MMay 15, 2024 to Mar 7, 2025
- RAUM · $297M to $283MMay 15, 2024 to Mar 7, 2025
- Discretionary RAUM · $296M to $297MMar 15, 2024 to May 15, 2024
- Pooled vehicle RAUM · $296M to $297MMar 15, 2024 to May 15, 2024
- RAUM · $296M to $297MMar 15, 2024 to May 15, 2024
- Advisory employees · 9 to 7May 2, 2023 to Mar 15, 2024
- Employees · 11 to 9May 2, 2023 to Mar 15, 2024
- Discretionary RAUM · $291M to $296MMay 2, 2023 to Mar 15, 2024
- Pooled vehicle RAUM · $291M to $296MMay 2, 2023 to Mar 15, 2024
- RAUM · $291M to $296MMay 2, 2023 to Mar 15, 2024
- Discretionary RAUM · $290M to $291MMar 22, 2023 to May 2, 2023
- Pooled vehicle RAUM · $290M to $291MMar 22, 2023 to May 2, 2023
- RAUM · $290M to $291MMar 22, 2023 to May 2, 2023
- Employees · 13 to 11May 3, 2022 to Mar 22, 2023
- Discretionary RAUM · $310M to $290MMay 3, 2022 to Mar 22, 2023
- Pooled vehicle RAUM · $310M to $290MMay 3, 2022 to Mar 22, 2023
- RAUM · $310M to $290MMay 3, 2022 to Mar 22, 2023
- Discretionary RAUM · $298M to $310MMar 29, 2022 to May 3, 2022
- Pooled vehicle RAUM · $298M to $310MMar 29, 2022 to May 3, 2022
- RAUM · $298M to $310MMar 29, 2022 to May 3, 2022
- Advisory employees · 13 to 9Mar 15, 2021 to Mar 29, 2022
- Employees · 17 to 13Mar 15, 2021 to Mar 29, 2022
- Discretionary RAUM · $310M to $298MMar 15, 2021 to Mar 29, 2022
- Pooled vehicle RAUM · $310M to $298MMar 15, 2021 to Mar 29, 2022
- RAUM · $310M to $298MMar 15, 2021 to Mar 29, 2022
- Advisory employees · 12 to 13Mar 13, 2020 to Mar 15, 2021
- Employees · 15 to 17Mar 13, 2020 to Mar 15, 2021
- Discretionary RAUM · $348M to $310MMar 13, 2020 to Mar 15, 2021
- Pooled vehicle RAUM · $348M to $310MMar 13, 2020 to Mar 15, 2021
- RAUM · $348M to $310MMar 13, 2020 to Mar 15, 2021
- Advisory employees · 9 to 12Apr 30, 2019 to Mar 13, 2020
- Employees · 13 to 15Apr 30, 2019 to Mar 13, 2020
- Discretionary RAUM · $368M to $348MApr 30, 2019 to Mar 13, 2020
Signals
2 dated events
- R••••••• L••• H•••••••• L•• no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $287.3M)Apr 1, 2026 · Left the SEC roster · derived
- R••••••• L••• H•••••••• L•• filed its initial SEC registration (Form ADV)Sep 21, 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.
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
Across the graphs
R••••••• L••• H•••••••• L•• is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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