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.

Former SEC-registered adviser

Dragon Financial Group

Former SEC-registered adviserSan Mateo, CaliforniaCRD 282113SEC 801-106920IAPD
Legal name Dragon Financial And Investment Group, LLC
Latest filing Jun 26, 2020
First filing on the tape Nov 9, 2015 · 17 filings
RAUM
$0
reported, Item 5.F
Discretionary
n/a
of RAUM
Private clients
n/a
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$0 as of Mar 30, 2020
Feb 17, 2016$128M then
HNW client RAUM$0 as of Mar 30, 2020
Feb 7, 2018$107M then
State-registered IARs (5.B.3)4 as of Mar 30, 2020
Feb 17, 20164 then
Employees (5.A)7 as of Mar 30, 2020
Feb 17, 201620 then
Private funds: no history
RAUM -100% over the last fiscal yearIARs 4 to 4
Practice profile
derived from the filing of Jun 26, 2020; every figure names its basis
RAUM per advisor
$0derivedRAUM 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
unknownderivedRAUM over accounts (5.F.2.f)
Discretionary
unknownderivedof RAUM
Institutional
unknownderivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-100%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-100%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planningreportedItem 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
  • 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
0reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C Joseph Mah · Chief Compliance Officercontrol
    since 11/2015 · owns less than 5%
Entity owners
  • Mercer Advisors Inc. · Parent Company
    direct · owns 75% or more
  • Gc Waves Holdings, Inc. · Parent Company To Mercer Advisors Inc.
    indirect · owns 75% or more of Mercer Advisors Inc.
Related persons
Schedule D 7.A
  • Dfg Tax And Accounting Services, LLC
    insurancen
  • Joseph Mah
    real estaten
  • Marie Chao
    investment companyy
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 621 to 0
    Apr 17, 2019 to Mar 30, 2020
  • Advisory activities · 3 to 1
    Apr 17, 2019 to Mar 30, 2020
  • Charity clients · unset to 0.0
    Apr 17, 2019 to Mar 30, 2020
  • Corporate clients · unset to 0.0
    Apr 17, 2019 to Mar 30, 2020
  • HNW clients · 27 to 0
    Apr 17, 2019 to Mar 30, 2020
  • Individual clients · 241 to 0
    Apr 17, 2019 to Mar 30, 2020
  • Pension plan clients · unset to 0.0
    Apr 17, 2019 to Mar 30, 2020
  • Pooled vehicle clients · unset to 0.0
    Apr 17, 2019 to Mar 30, 2020
  • Financial planning clients · 101-250 to 0
    Apr 17, 2019 to Mar 30, 2020
  • Discretionary RAUM · $110M to $0
    Apr 17, 2019 to Mar 30, 2020
  • HNW RAUM · $45.3M to $0
    Apr 17, 2019 to Mar 30, 2020
  • Individual RAUM · $67.0M to $0
    Apr 17, 2019 to Mar 30, 2020
  • Non-discretionary RAUM · $2.1M to $0
    Apr 17, 2019 to Mar 30, 2020
  • Pension RAUM · unset to 0.0
    Apr 17, 2019 to Mar 30, 2020
  • Pooled vehicle RAUM · unset to 0.0
    Apr 17, 2019 to Mar 30, 2020
  • RAUM · $112M to $0
    Apr 17, 2019 to Mar 30, 2020
  • Accounts · 890 to 621
    Jul 2, 2018 to Mar 26, 2019
  • Advisory employees · 4 to 3
    Jul 2, 2018 to Mar 26, 2019
  • HNW clients · 173 to 27
    Jul 2, 2018 to Mar 26, 2019
  • Individual clients · 160 to 241
    Jul 2, 2018 to Mar 26, 2019
  • Pension plan clients · 7.0 to unset
    Jul 2, 2018 to Mar 26, 2019
  • Employees · 11 to 7
    Jul 2, 2018 to Mar 26, 2019
  • Discretionary RAUM · $136M to $110M
    Jul 2, 2018 to Mar 26, 2019
  • HNW RAUM · $107M to $45.3M
    Jul 2, 2018 to Mar 26, 2019
  • Individual RAUM · $28.4M to $67.0M
    Jul 2, 2018 to Mar 26, 2019
  • Non-discretionary RAUM · $3.0M to $2.1M
    Jul 2, 2018 to Mar 26, 2019
  • Pension RAUM · 3100000.0 to unset
    Jul 2, 2018 to Mar 26, 2019
  • RAUM · $139M to $112M
    Jul 2, 2018 to Mar 26, 2019
  • Advisory employees · 7 to 4
    Oct 19, 2017 to Feb 7, 2018
  • HNW clients · 189 to 173
    Oct 19, 2017 to Feb 7, 2018
  • Individual clients · 176 to 160
    Oct 19, 2017 to Feb 7, 2018
  • Employees · 20 to 11
    Oct 19, 2017 to Feb 7, 2018
  • Financial planning clients · 0 to 101-250
    Oct 19, 2017 to Feb 7, 2018
  • Discretionary RAUM · $124M to $136M
    Oct 19, 2017 to Feb 7, 2018
  • HNW RAUM · $98.4M to $107M
    Oct 19, 2017 to Feb 7, 2018
  • Individual RAUM · $25.7M to $28.4M
    Oct 19, 2017 to Feb 7, 2018
  • Non-discretionary RAUM · $2.9M to $3.0M
    Oct 19, 2017 to Feb 7, 2018
  • Pension RAUM · $2.9M to $3.1M
    Oct 19, 2017 to Feb 7, 2018
  • RAUM · $127M to $139M
    Oct 19, 2017 to Feb 7, 2018
  • Accounts · 787 to 890
    Mar 1, 2017 to Oct 19, 2017
Signals
4 dated events
  • Dragon Financial Group reported RAUM $0, down 100% from $112.3M (2019-04-17 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • Yip Marie Chao (Manager And Member) no longer on Schedule A of Dragon Financial Group (listed 2019-03-26, absent 2019-04-17)
    Apr 17, 2019 · Control person left · inference
  • Dragon Financial Group reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Nov 9, 2015 · Succession (Item 4) · fact
  • Dragon Financial Group filed its initial SEC registration (Form ADV)
    Nov 9, 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