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

B•••••••• C•••••• A••••••• L••

Asset manager (funds and pooled vehicles)Short Hills, New JerseyCRD 282327SEC 801-111679websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 2, 2016 · 22 filings
SEC status approved since Sep 15, 2017
RAUM
$1.8B
reported, Item 5.F
Discretionary
20%
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
8
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$1.8B as of Mar 31, 2026
Mar 29, 2017$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 29, 20170 then
Employees (5.A)8 as of Mar 31, 2026
Mar 29, 20176 then
Private funds5 as of Mar 31, 2026
Mar 29, 20181 then
RAUM +4.3% over the last fiscal year+3.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$199MderivedRAUM over accounts (5.F.2.f)
Discretionary
20%derivedof RAUM
Institutional
34%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, fixed fees, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Custody
$365M, 5 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$825M46%
  • Charitable organizations$600M34%
  • Pooled investment vehicles$365M20%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
9reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$365M for 5 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.66 institutional_share=0.34 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
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B•••••••• C•• I• L•no longer reportedOther Private Fund$353M1Aug 15, 2017
      B•••••••• C•• I• L• • S••••• B•Other Private Fund$153M1Mar 27, 2019
      B•••••••• C••••• I••••••••• F•••• L•Other Private Fund$58.4M1Feb 26, 2020
      B•••••••• C•• I• L• • S••••• A•Other Private Fund$19.1M1Mar 27, 2019
      B•••••••• C•• I• L• • S••••• B•Other Private Fund$13.6M1Mar 27, 2019
      P••••••• C•••••• C•••••• I••Other Private Fund$9.7M4Mar 29, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • M•••••• V••••••• N•••••• · Chief Compliance Officercontrol
        since 11/2018 · owns less than 5%
      • W•••••••• J••••• N•• · Chief Executive Officer; Managing Membercontrol
        since 04/2013 · owns 50% to 75%
      • D••••••• I••••• N•• · Ownercontrol
        since 06/2014 · owns 75% or more of S••••••••• H••••••• L•••
      • D••••••• I••••• N•• · Sole Managercontrol
        since 07/2017 · owns F of S••••••••• I••••••••• B••• L••
      • S•••••• S••••••• N•• · General Partnercontrol
        since 01/2017 · owns 25% to 50% of S••••• F••••• L•••••• P•••••••••
      • D••••••• M••••••• N•• · Owner
        since 06/2014 · owns 25% to 50% of S••••••••• I••••••••• L••
      • S•••••• R••• N•• · L•••••• Partner
        since 01/2017 · owns 25% to 50% of S••••• F••••• L•••••• P•••••••••
      Entity owners
      • L•• C•••••• L•• · Owner
        indirect · owns 75% or more of L•• N•••• L••
      • S••••••••• H••••••• L••• · Owner
        indirect · owns 50% to 75% of S••••••••• I••••••••• L••
      • S••••••••• I••••••••• L•• · Owner
        indirect · owns 75% or more of S••••••••• I••••••••• B••• L••
      • L•• N•••• L•• · Member
        direct · owns 5% to 10%
      • S••••• F••••• L•••••• P••••••••• · Member
        direct · owns 5% to 10%
      • S••••••••• I••••••••• B••• L•• · Member
        direct · owns 5% to 10%
      Related persons
      Schedule D 7.A
      • B•••••••• G• I• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • high institutional concentrationStatic outlier · filing Mar 31, 2026
        institutional share of RAUM of 34% against a peer median of 0% (1506 comparable advisers, 99.0th percentile, 11.3 robust deviations)
        peers: asset managers, $1B to $5B (1,506) · 99% percentile
      What changed
      consecutive filings, newest first
      • Assets in custody · $360M to $365M
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $360M to $365M
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $1.4B to $1.4B
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $360M to $365M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $1.7B to $1.8B
        Mar 31, 2025 to Mar 31, 2026
      • BD registered reps · 2 to 0
        Dec 6, 2024 to Mar 31, 2025
      • Assets in custody · $360M to $360M
        Dec 6, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Dec 6, 2024 to Mar 31, 2025
      • HQ city · NEWARK to SHORT HILLS
        Dec 6, 2024 to Mar 31, 2025
      • Discretionary RAUM · $360M to $360M
        Dec 6, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $1.3B to $1.4B
        Dec 6, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $360M to $360M
        Dec 6, 2024 to Mar 31, 2025
      • RAUM · $1.6B to $1.7B
        Dec 6, 2024 to Mar 31, 2025
      • Related broker-dealer · true to false
        Dec 6, 2024 to Mar 31, 2025
      • Advisory employees · 5 to 4
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $356M to $360M
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 10 to 8
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $356M to $360M
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $356M to $360M
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $1.6B to $1.6B
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 4 to 5
        Aug 12, 2022 to Mar 31, 2023
      • BD registered reps · 1 to 2
        Aug 12, 2022 to Mar 31, 2023
      • Assets in custody · $363M to $356M
        Aug 12, 2022 to Mar 31, 2023
      • Employees · 8 to 10
        Aug 12, 2022 to Mar 31, 2023
      • Discretionary RAUM · $363M to $356M
        Aug 12, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $987M to $1.3B
        Aug 12, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $363M to $356M
        Aug 12, 2022 to Mar 31, 2023
      • RAUM · $1.3B to $1.6B
        Aug 12, 2022 to Mar 31, 2023
      • Related broker-dealer · false to true
        Aug 12, 2022 to Mar 31, 2023
      • Accounts · 6 to 9
        Mar 29, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 2 to 5
        Mar 29, 2021 to Mar 31, 2022
      • Assets in custody · $368M to $363M
        Mar 29, 2021 to Mar 31, 2022
      • Employees · 9 to 8
        Mar 29, 2021 to Mar 31, 2022
      • Private funds · 4 to 5
        Mar 29, 2021 to Mar 31, 2022
      • Discretionary RAUM · $368M to $363M
        Mar 29, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $812M to $987M
        Mar 29, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $368M to $363M
        Mar 29, 2021 to Mar 31, 2022
      • RAUM · $1.2B to $1.3B
        Mar 29, 2021 to Mar 31, 2022
      • Advisory activities · 3 to 4
        May 9, 2020 to Mar 29, 2021
      • Assets in custody · $353M to $368M
        May 9, 2020 to Mar 29, 2021
      Signals
      6 dated events
      • Gerard Egidio Robertiello (Chief Investment Officer; Managing Member) no longer on Schedule A of B•••••••• C•••••• A••••••• L•• (listed 2022-08-12, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Luigi Nicholas Lengua (Chief Financial Officer) no longer on Schedule A of B•••••••• C•••••• A••••••• L•• (listed 2022-03-31, absent 2022-08-12)
        Aug 12, 2022 · Control person left · inference
      • B•••••••• C•••••• A••••••• L•• reported RAUM $1.3B, up 30% from $1.0B (2019-04-03 to 2019-11-18)
        Nov 18, 2019 · RAUM change · derived
      • B•••••••• C•••••• A••••••• L•• reported RAUM $1.0B, up 46% from $710.4M (2018-12-21 to 2019-01-28)
        Jan 28, 2019 · RAUM change · derived
      • B•••••••• C•••••• A••••••• L•• reported RAUM $710.4M, up 1240% from $53.0M (2018-03-29 to 2018-06-08)
        Jun 8, 2018 · RAUM change · derived
      • B•••••••• C•••••• A••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 2, 2016 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      B••••••••LLC.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      2127862084reportedpublic record, Form ADV, Mar 31, 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