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••••

Asset manager (funds and pooled vehicles)Uniondale, New YorkCRD 281190SEC 801-106763websiteIAPD
Legal name A•••• C••••••• L••
Latest filing Jul 30, 2026
First filing on the tape Oct 1, 2015 · 27 filings
SEC status approved since Oct 20, 2015
RAUM
$4.4B
reported, Item 5.F
Discretionary
97%
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
40
24 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
1
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$4.4B as of Jul 30, 2026
Feb 4, 2016$360M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 30, 2026
Feb 4, 20160 then
Employees (5.A)40 as of Jul 30, 2026
Feb 4, 201615 then
Private funds1 as of Jul 30, 2026
Mar 30, 20181 then
RAUM +35% over the last fiscal year+9.8% a year over threeIARs 0 to 0offices 4 to 5
Practice profile
derived from the filing of Jul 30, 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
$399MderivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
2.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived6 offices incl. principal (1.F.5)
RAUM growth, one year
+35%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$4.4B, 8 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$4.3B97%
  • Insurance companies$66.6M1.5%
  • Pension and profit-sharing plans$29.4M0.7%
  • Other investment advisers$28.0M0.6%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$4.4B for 8 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.98 institutional_share=0.02 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
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      A•••• M••••••• F•••• L•••Real Estate Fund$1.3B176Apr 1, 2020
      A•••• C•••••• D••• O••••••••• F•••• L•••no longer reportedReal Estate Fund$113M56Mar 30, 2018
      Owners and control persons
      Schedule A and B, latest filing
      • F•••••••• A•••••• D••• · Managing Partnercontrol
        since 01/2017 · owns less than 5%
      • F••••• M•••• S••••• · President & Ceo, Managing Membercontrol
        since 05/2012 · owns less than 5%
      • H••••• G•••••• · Managing Directorcontrol
        since 09/2017 · owns less than 5%
      • J••••••••• J•••••• A•••• · General Counsel & Ccocontrol
        since 06/2015 · owns less than 5%
      • P••••••• R••••••• A•••••• · Chief Financial Officercontrol
        since 06/2020 · owns less than 5%
      • P•••••• M••••••• A•••••• · Senior Vice Presidentcontrol
        since 04/2021 · owns less than 5%
      • R•••••••• M•••••• E••••• · Managing Directorcontrol
        since 01/2013 · owns less than 5%
      Entity owners
      • A•••• C•••••• C•••• · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • A•••• C•••••• C••••
        pooled vehicle sponsory
      • A•••• D••••••••• M••••••••• L••
        investment companyn
      Offices
      Schedule D 1.F, the 25 largest
      • Philadelphia, PA1 employees
      • Acton, MA1 employees
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 12 to 11
        Mar 31, 2025 to Mar 30, 2026
      • Advisory employees · 22 to 24
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 4 to 5
        Mar 31, 2025 to Mar 30, 2026
      • Assets in custody · $3.2B to $4.4B
        Mar 31, 2025 to Mar 30, 2026
      • Employees · 38 to 40
        Mar 31, 2025 to Mar 30, 2026
      • Other offices · 4 to 5
        Mar 31, 2025 to Mar 30, 2026
      • Discretionary RAUM · $3.1B to $4.3B
        Mar 31, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $106M to $124M
        Mar 31, 2025 to Mar 30, 2026
      • Pension RAUM · $7.4M to $29.4M
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $3.1B to $4.3B
        Mar 31, 2025 to Mar 30, 2026
      • RAUM · $3.2B to $4.4B
        Mar 31, 2025 to Mar 30, 2026
      • Advisory employees · 19 to 22
        Apr 23, 2024 to Mar 31, 2025
      • Assets in custody · $3.6B to $3.2B
        Apr 23, 2024 to Mar 31, 2025
      • Employees · 37 to 38
        Apr 23, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Apr 23, 2024 to Mar 31, 2025
      • Other offices · 5 to 4
        Apr 23, 2024 to Mar 31, 2025
      • Discretionary RAUM · $3.5B to $3.1B
        Apr 23, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $151M to $106M
        Apr 23, 2024 to Mar 31, 2025
      • Pension RAUM · $28.3M to $7.4M
        Apr 23, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $3.5B to $3.1B
        Apr 23, 2024 to Mar 31, 2025
      • RAUM · $3.6B to $3.2B
        Apr 23, 2024 to Mar 31, 2025
      • Advisory employees · 26 to 19
        Jun 7, 2023 to Mar 28, 2024
      • Assets in custody · $3.3B to $3.6B
        Jun 7, 2023 to Mar 28, 2024
      • Employees · 47 to 37
        Jun 7, 2023 to Mar 28, 2024
      • Other offices · 4 to 5
        Jun 7, 2023 to Mar 28, 2024
      • Discretionary RAUM · $3.1B to $3.5B
        Jun 7, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $187M to $151M
        Jun 7, 2023 to Mar 28, 2024
      • Pension RAUM · $32.6M to $28.3M
        Jun 7, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $3.1B to $3.5B
        Jun 7, 2023 to Mar 28, 2024
      • RAUM · $3.3B to $3.6B
        Jun 7, 2023 to Mar 28, 2024
      • Assets in custody · $3.1B to $3.3B
        Mar 27, 2023 to Jun 7, 2023
      • Other offices · 5 to 4
        Mar 27, 2023 to Jun 7, 2023
      • Advisory employees · 24 to 26
        Nov 16, 2022 to Mar 27, 2023
      • Assets in custody · $2.7B to $3.1B
        Nov 16, 2022 to Mar 27, 2023
      • Discretionary RAUM · $2.7B to $3.1B
        Nov 16, 2022 to Mar 27, 2023
      • Non-discretionary RAUM · $187M to $187M
        Nov 16, 2022 to Mar 27, 2023
      • Pension RAUM · $33.4M to $32.6M
        Nov 16, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $2.7B to $3.1B
        Nov 16, 2022 to Mar 27, 2023
      • RAUM · $2.9B to $3.3B
        Nov 16, 2022 to Mar 27, 2023
      • Discretionary RAUM · $4.2B to $2.7B
        Mar 28, 2022 to Nov 16, 2022
      Signals
      10 dated events
      • Acres reported RAUM $4.4B, up 35% from $3.2B (2025-03-31 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Acres reported RAUM $2.9B, down 34% from $4.4B (2022-03-28 to 2022-11-16)
        Nov 16, 2022 · RAUM change · derived
      • A•••••• Michael Pierro (Senior Vice President) appeared on Schedule A of Acres
        Mar 28, 2022 · Control person joined · fact
      • Prior Wendy Fentress (Member) no longer on Schedule A of Acres (listed 2021-11-02, absent 2022-03-28)
        Mar 28, 2022 · Control person left · inference
      • Acres reported RAUM $4.4B, up 89% from $2.3B (2021-11-02 to 2022-03-28)
        Mar 28, 2022 · RAUM change · derived
      • A•••••• R•••••• P•••••• (Chief Financial Officer) appeared on Schedule A of Acres
        Mar 24, 2021 · Control person joined · fact
      • P••• R•••••• S••••• (Chief Financial Officer) no longer on Schedule A of Acres (listed 2020-11-23, absent 2021-03-24)
        Mar 24, 2021 · Control person left · inference
      • Prior Wendy Fentress (Member) appeared on Schedule A of Acres
        Nov 23, 2020 · Control person joined · fact
      • Acres reported RAUM $2.5B, up 395% from $495.9M (2020-04-01 to 2020-08-18)
        Aug 18, 2020 · RAUM change · derived
      • Acres filed its initial SEC registration (Form ADV)
        Oct 1, 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
      Website
      A••••CAP.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      516-535-0015reportedpublic record, Form ADV, Jul 30, 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
      Across the graphs

      A•••• 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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