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

A••••• P••••••• A••••••••• I•••

Former SEC-registered adviserWalnut Creek, CaliforniaCRD 282179SEC 801-114918websiteIAPD
Latest filing Feb 18, 2025
First filing on the tape Mar 1, 2019 · 19 filings
SEC status approved since Apr 1, 2019
RAUM
$126M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$126M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$126M as of Feb 18, 2025
Feb 25, 2020$111M then
HNW client RAUM$112M as of Feb 18, 2025
Feb 25, 2020$78.5M then
State-registered IARs (5.B.3)2 as of Feb 18, 2025
Feb 25, 20204 then
Employees (5.A)3 as of Feb 18, 2025
Feb 25, 20205 then
Private funds: no history
RAUM +12% over the last fiscal year+0.2% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Feb 18, 2025; every figure names its basis
RAUM per advisor
$63.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
56derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$344,690derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+59%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$112M89%
  • Individuals$14.0M11%
  • Corporations and businesses$243,5430.2%
Individual clients
49reported
HNW clients
62reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
366reported
Financial planning clients
51-100reported
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
2 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • V•••••••• E•••• C•••••• · Managing Partnercontrol
    since 08/2015 · owns 50% to 75%
  • Y•••••• L••••• S•••••• · Managing Partner/Chief Compliance Officercontrol
    since 08/2015 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Walnut Creek, Ca · principal0021
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 336 to 366
    Jan 6, 2025 to Feb 18, 2025
  • Advisory employees · 3 to 2
    Jan 6, 2025 to Feb 18, 2025
  • HNW clients · 15 to 62
    Jan 6, 2025 to Feb 18, 2025
  • Individual clients · 55 to 49
    Jan 6, 2025 to Feb 18, 2025
  • Employees · 4 to 3
    Jan 6, 2025 to Feb 18, 2025
  • Financial planning clients · 101-250 to 51-100
    Jan 6, 2025 to Feb 18, 2025
  • State-registered IARs · 3 to 2
    Jan 6, 2025 to Feb 18, 2025
  • Discretionary RAUM · $113M to $126M
    Jan 6, 2025 to Feb 18, 2025
  • HNW RAUM · $50.0M to $112M
    Jan 6, 2025 to Feb 18, 2025
  • Individual RAUM · $62.8M to $14.0M
    Jan 6, 2025 to Feb 18, 2025
  • RAUM · $113M to $126M
    Jan 6, 2025 to Feb 18, 2025
  • Accounts · 428 to 336
    Jul 18, 2023 to Mar 12, 2024
  • Charity clients · 1.0 to unset
    Jul 18, 2023 to Mar 12, 2024
  • Corporate clients · 0.0 to unset
    Jul 18, 2023 to Mar 12, 2024
  • HNW clients · 35 to 15
    Jul 18, 2023 to Mar 12, 2024
  • Individual clients · 111 to 55
    Jul 18, 2023 to Mar 12, 2024
  • Pension plan clients · 1.0 to unset
    Jul 18, 2023 to Mar 12, 2024
  • Pooled vehicle clients · 0.0 to unset
    Jul 18, 2023 to Mar 12, 2024
  • Discretionary RAUM · $116M to $113M
    Jul 18, 2023 to Mar 12, 2024
  • HNW RAUM · $74.7M to $50.0M
    Jul 18, 2023 to Mar 12, 2024
  • Individual RAUM · $40.6M to $62.8M
    Jul 18, 2023 to Mar 12, 2024
  • Pension RAUM · 1062389.0 to unset
    Jul 18, 2023 to Mar 12, 2024
  • Pooled vehicle RAUM · 0.0 to unset
    Jul 18, 2023 to Mar 12, 2024
  • RAUM · $116M to $113M
    Jul 18, 2023 to Mar 12, 2024
  • Employees · 6 to 4
    Feb 14, 2023 to Jul 18, 2023
  • Other offices · 3 to 0
    Feb 14, 2023 to Jul 18, 2023
  • Accounts · 364 to 428
    Aug 25, 2022 to Feb 7, 2023
  • HNW clients · 59 to 35
    Aug 25, 2022 to Feb 7, 2023
  • Individual clients · 62 to 111
    Aug 25, 2022 to Feb 7, 2023
  • Discretionary RAUM · $126M to $116M
    Aug 25, 2022 to Feb 7, 2023
  • HNW RAUM · $101M to $74.7M
    Aug 25, 2022 to Feb 7, 2023
  • Individual RAUM · $23.5M to $40.6M
    Aug 25, 2022 to Feb 7, 2023
  • Pension RAUM · $1.1M to $1.1M
    Aug 25, 2022 to Feb 7, 2023
  • RAUM · $126M to $116M
    Aug 25, 2022 to Feb 7, 2023
  • Accounts · 398 to 364
    Mar 9, 2021 to Feb 9, 2022
  • Advisory employees · 4 to 3
    Mar 9, 2021 to Feb 9, 2022
  • HNW clients · 55 to 59
    Mar 9, 2021 to Feb 9, 2022
  • Individual clients · 99 to 62
    Mar 9, 2021 to Feb 9, 2022
  • Employees · 4 to 6
    Mar 9, 2021 to Feb 9, 2022
  • State-registered IARs · 4 to 3
    Mar 9, 2021 to Feb 9, 2022
Signals
6 dated events
  • A••••• P••••••• A••••••••• I••• no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $126.2M)
    Apr 1, 2026 · Left the SEC roster · derived
  • L•••• S•••••• Y••••• left A••••• P••••••• A••••••••• I••• for F•••••• (registered 2026-01-23)
    Mar 23, 2026 · Advisor changed firm · fact
  • E••• C•••••• V••••••• left A••••• P••••••• A••••••••• I••• for F•••••• (registered 2026-01-17)
    Mar 23, 2026 · Advisor changed firm · fact
  • 2 advisors left A••••• P••••••• A••••••••• I••• (Walnut Creek, CA) for F•••••• on the same day
    Mar 23, 2026 · Team lift-out · derived
  • M••• M••• M• left A••••• P••••••• A••••••••• I••• for M•••• W••••• P••••••• (registered 2023-06-29)
    Nov 9, 2023 · Advisor changed firm · fact
  • A••••• P••••••• A••••••••• I••• filed its initial SEC registration (Form ADV)
    Mar 1, 2019 · 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