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

P••••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 281448SEC 801-113467websiteIAPD
Latest filing Mar 23, 2026
First filing on the tape May 18, 2018 · 23 filings
SEC status approved since Jun 15, 2018
RAUM
$661M
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
14
13 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$661M as of Mar 23, 2026
Mar 28, 2019$122M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 23, 2026
Mar 28, 20191 then
Employees (5.A)14 as of Mar 23, 2026
Mar 28, 201922 then
Private funds1 as of Mar 23, 2026
Mar 28, 20191 then
RAUM +31% over the last fiscal year+24% a year over threeIARs 4 to 0
Practice profile
derived from the filing of Mar 23, 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
$331MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+31%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$614M, 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$586M89%
  • Pooled investment vehicles$75.0M11%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$614M 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=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)
      FundTypeGross assetsOwnersFirst reported
      P••••• C•••••• A•••• B•••• L•••••• F••• I• L•Real Estate Fund$300M1,373Jan 7, 2016
      P• A••• S•• 1• L•Real Estate Fund$50.0M2Mar 27, 2020
      P••••• A•• I•• L•••no longer reportedReal Estate Fund$02Mar 23, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • A••• J••••• B••••••• · Chief Compliance Officercontrol
        since 01/2022 · owns less than 5%
      • J••••••• C•••• A•••• · Managing Directorcontrol
        since 06/2015 · owns less than 5%
      • J••••••• C•••• A•••• · Ceocontrol
        since 08/2014 · owns 75% or more of P••••• C••••••• I•••
      • M•••••• Z••••••• W•••••••• · Ceocontrol
        since 06/2023 · owns 75% or more of R•• C•••••• M••••••••• I•••
      Entity owners
      • P••••• C••••••• I••• · Member
        direct · owns 50% to 75%
      • R•• C•••••• M••••••••• I••• · Member
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • P• A•• S•• 1• G•• L•••
        pooled vehicle sponsory
      • P••••• C••••••• I•••
        investment companyn
      Offices
      Schedule D 1.F, the 25 largest
      • Los Angeles, CA1 employees
      What changed
      consecutive filings, newest first
      • BD registered reps · 4 to 0
        Jul 22, 2025 to Mar 23, 2026
      • Assets in custody · $436M to $614M
        Jul 22, 2025 to Mar 23, 2026
      • Employees · 17 to 14
        Jul 22, 2025 to Mar 23, 2026
      • State-registered IARs · 4 to 0
        Jul 22, 2025 to Mar 23, 2026
      • Discretionary RAUM · $506M to $661M
        Jul 22, 2025 to Mar 23, 2026
      • Pooled vehicle RAUM · $50.0M to $75.0M
        Jul 22, 2025 to Mar 23, 2026
      • RAUM · $506M to $661M
        Jul 22, 2025 to Mar 23, 2026
      • Financial planning clients · 0 to 0
        Mar 31, 2025 to Jul 22, 2025
      • Advisory employees · 12 to 13
        Mar 19, 2024 to Mar 31, 2025
      • BD registered reps · 2 to 4
        Mar 19, 2024 to Mar 31, 2025
      • Assets in custody · $264M to $436M
        Mar 19, 2024 to Mar 31, 2025
      • Employees · 16 to 17
        Mar 19, 2024 to Mar 31, 2025
      • State-registered IARs · 2 to 4
        Mar 19, 2024 to Mar 31, 2025
      • Discretionary RAUM · $389M to $506M
        Mar 19, 2024 to Mar 31, 2025
      • RAUM · $389M to $506M
        Mar 19, 2024 to Mar 31, 2025
      • Discretionary RAUM · $382M to $389M
        Nov 22, 2023 to Mar 19, 2024
      • Pooled vehicle RAUM · $30.9M to $50.0M
        Nov 22, 2023 to Mar 19, 2024
      • RAUM · $382M to $389M
        Nov 22, 2023 to Mar 19, 2024
      • Advisory activities · 1 to 2
        Mar 18, 2023 to Nov 16, 2023
      • Pooled vehicle clients · 2 to 1
        Mar 18, 2023 to Nov 16, 2023
      • Assets in custody · $350M to $264M
        Mar 18, 2023 to Nov 16, 2023
      • Private funds · 2 to 1
        Mar 18, 2023 to Nov 16, 2023
      • Discretionary RAUM · $350M to $382M
        Mar 18, 2023 to Nov 16, 2023
      • Pooled vehicle RAUM · $350M to $30.9M
        Mar 18, 2023 to Nov 16, 2023
      • RAUM · $350M to $382M
        Mar 18, 2023 to Nov 16, 2023
      • Advisory employees · 9 to 12
        Apr 19, 2022 to Mar 18, 2023
      • BD registered reps · 0 to 2
        Apr 19, 2022 to Mar 18, 2023
      • Assets in custody · $270M to $350M
        Apr 19, 2022 to Mar 18, 2023
      • Employees · 12 to 16
        Apr 19, 2022 to Mar 18, 2023
      • HQ city · LOS ANGELES to DALLAS
        Apr 19, 2022 to Mar 18, 2023
      • HQ state · CA to TX
        Apr 19, 2022 to Mar 18, 2023
      • State-registered IARs · 0 to 2
        Apr 19, 2022 to Mar 18, 2023
      • Discretionary RAUM · $332M to $350M
        Apr 19, 2022 to Mar 18, 2023
      • Pooled vehicle RAUM · $332M to $350M
        Apr 19, 2022 to Mar 18, 2023
      • RAUM · $332M to $350M
        Apr 19, 2022 to Mar 18, 2023
      • Accounts · 3 to 2
        Feb 2, 2022 to Mar 30, 2022
      • Pooled vehicle clients · 3 to 2
        Feb 2, 2022 to Mar 30, 2022
      • Private funds · 3 to 2
        Feb 2, 2022 to Mar 30, 2022
      • Discretionary RAUM · $270M to $332M
        Feb 2, 2022 to Mar 30, 2022
      • Pooled vehicle RAUM · $270M to $332M
        Feb 2, 2022 to Mar 30, 2022
      Signals
      8 dated events
      • P••••• C•••••• M••••••••• L•• reported RAUM $661.4M, up 31% from $505.8M (2025-07-22 to 2026-03-23)
        Mar 23, 2026 · RAUM change · derived
      • P••••• C•••••• M••••••••• L•• reported RAUM $505.8M, up 30% from $389.1M (2024-03-19 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • Nmn C•••••• N••••• (Chief Compliance Officer) no longer on Schedule A of P••••• C•••••• M••••••••• L•• (listed 2021-11-01, absent 2022-02-02)
        Feb 2, 2022 · Control person left · inference
      • B••••••• J•••• Aro (Chief Compliance Officer) appeared on Schedule A of P••••• C•••••• M••••••••• L••
        Feb 2, 2022 · Control person joined · fact
      • P••••• C•••••• M••••••••• L•• reported RAUM $297.2M, up 144% from $121.9M (2019-04-26 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      • Joseph Salvatore Visconti (Chief Compliance Officer) no longer on Schedule A of P••••• C•••••• M••••••••• L•• (listed 2019-03-28, absent 2019-04-26)
        Apr 26, 2019 · Control person left · inference
      • Nmn C•••••• N••••• (Chief Compliance Officer) appeared on Schedule A of P••••• C•••••• M••••••••• L••
        Apr 26, 2019 · Control person joined · fact
      • P••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        May 18, 2018 · 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
      P•••••CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      214-988-9914reportedpublic record, Form ADV, Mar 23, 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

      P••••• C•••••• M••••••••• 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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