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

C••••••• H••••••••• C••••••• L••

Asset manager (funds and pooled vehicles)Salt Lake City, UtahCRD 282387SEC 801-126250websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Jun 29, 2022 · 6 filings
SEC status approved since Aug 3, 2022
RAUM
$533M
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
7
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
7
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$533M as of Mar 26, 2026
Mar 30, 2023$334M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 30, 20230 then
Employees (5.A)7 as of Mar 26, 2026
Mar 30, 20237 then
Private funds7 as of Mar 26, 2026
Mar 30, 20236 then
RAUM +19% over the last fiscal year+17% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 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
$66.6MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%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, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 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)
  • 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
  • Pooled investment vehicles$533M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
8reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 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=true 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
      8 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • N••••••• J••••• D••••• · Managing Partnercontrol
        since 09/2014 · owns 75% or more
      • S••••• N•••••••• D•••• · Managing Partnercontrol
        since 01/2023 · owns less than 5%
      • V••••••••• J••••• J••• · Managing Partnercontrol
        since 06/2020 · owns less than 5%
      • S•••••• A••••• M•••••• · Chief Compliance Officer
        since 01/2022 · owns less than 5%
      Related persons
      Schedule D 7.A
      • C•••• C•••••••• G• L••
        pooled vehicle sponsorn
      • C••••••• C••••••••• F••• G• L••
        pooled vehicle sponsorn
      • C••••••• H••••••••• C•••••• I• G• L••
        bankpooled vehicle sponsorn
      • C••••••• H••••••••• G• I• L••
        pooled vehicle sponsorn
      • E••••••• P••• I• L••
        pooled vehicle sponsorn
      • O•••••• A••••• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $448M to $533M
        Mar 25, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $448M to $533M
        Mar 25, 2025 to Mar 26, 2026
      • RAUM · $448M to $533M
        Mar 25, 2025 to Mar 26, 2026
      • Accounts · 7 to 8
        May 15, 2024 to Mar 25, 2025
      • Advisory employees · 6 to 7
        May 15, 2024 to Mar 25, 2025
      • Financial planning clients · unset to
        May 15, 2024 to Mar 25, 2025
      • Discretionary RAUM · $400M to $448M
        May 15, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $400M to $448M
        May 15, 2024 to Mar 25, 2025
      • RAUM · $400M to $448M
        May 15, 2024 to Mar 25, 2025
      • Related adviser · false to true
        May 15, 2024 to Mar 25, 2025
      • Pooled vehicle clients · 6 to 7
        Mar 30, 2023 to Mar 27, 2024
      • Private funds · 6 to 7
        Mar 30, 2023 to Mar 27, 2024
      • Discretionary RAUM · $334M to $400M
        Mar 30, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $334M to $400M
        Mar 30, 2023 to Mar 27, 2024
      • RAUM · $334M to $400M
        Mar 30, 2023 to Mar 27, 2024
      • Assets in custody · unset to 0.0
        Jun 29, 2022 to Mar 30, 2023
      • Custody of client assets · false to true
        Jun 29, 2022 to Mar 30, 2023
      • Private funds · 12 to 6
        Jun 29, 2022 to Mar 30, 2023
      • Discretionary RAUM · $368M to $334M
        Jun 29, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $368M to $334M
        Jun 29, 2022 to Mar 30, 2023
      • RAUM · $368M to $334M
        Jun 29, 2022 to Mar 30, 2023
      Signals
      2 dated events
      • David Nicholas Smith (Managing Partner) appeared on Schedule A of C••••••• H••••••••• C••••••• L••
        Mar 27, 2024 · Control person joined · fact
      • C••••••• H••••••••• C••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 29, 2022 · 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
      Firm profile
      linkedin.com/company/cimarron-healthcare-capitalreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      801-849-9293reportedpublic record, Form ADV, Mar 26, 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