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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

D••••• L•••••• I••••••••• L••

Former SEC-registered adviserGlendale, CaliforniaCRD 282476SEC 801-107150IAPD
Latest filing Feb 25, 2019
First filing on the tape Jan 6, 2016 · 17 filings
RAUM
$866M
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
27
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
3
$1.7B gross assets
History
17 filings and snapshots on the tape
RAUM$933M as of Mar 31, 2018
Mar 23, 2017$910M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2018
Mar 23, 20170 then
Employees (5.A)29 as of Mar 31, 2018
Mar 23, 201724 then
Private funds3 as of Mar 31, 2018
Mar 23, 20173 then
RAUM -4.8% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Feb 25, 2019; 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
$289MderivedRAUM 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
+2.5%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-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$866M, 3 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$866M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$866M for 3 clientsreported
Compensation
% of AUM, performancereported
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
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      D•• C••••••• I•••Other Private Fund$856M2Oct 28, 2016
      D••••• L•••••• I••••• F•••• L•Other Private Fund$649M950Apr 29, 2016
      D••••• L•••••• I••••• F••••• F•••• L•••Other Private Fund$217M57Oct 28, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• S••••••• B• · General Counselcontrol
        since 12/2018 · owns less than 5%
      • B••••• C••••••••• J••• · Managing D•••••Or, Investmentscontrol
        since 01/2019 · owns less than 5%
      • K••• A•••••• J• · Chief Financial Officercontrol
        since 07/2017 · owns less than 5%
      • L•••••• R••••• E•••••••• · D•••••Orcontrol
        since 06/2016 · owns less than 5%
      • R•••• B••••••• M•••••• · Chief Executive Officer, Managing Membercontrol
        since 09/2015 · owns 75% or more
      • S••••• J••••••• A••••• · Chief Compliance Officercontrol
        since 06/2018 · owns less than 5%
      • T••••••• F••••• X••••• · D•••••Orcontrol
        since 06/2016 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Employees · 28 to 27
        Jul 12, 2018 to Aug 22, 2018
      • Advisory employees · 6 to 7
        Mar 31, 2018 to Jul 12, 2018
      • Assets in custody · $933M to $866M
        Mar 31, 2018 to Jul 12, 2018
      • Employees · 29 to 28
        Mar 31, 2018 to Jul 12, 2018
      • Discretionary RAUM · $933M to $866M
        Mar 31, 2018 to Jul 12, 2018
      • Pooled vehicle RAUM · $933M to $866M
        Mar 31, 2018 to Jul 12, 2018
      • RAUM · $933M to $866M
        Mar 31, 2018 to Jul 12, 2018
      • Advisory employees · 7 to 6
        Jul 31, 2017 to Mar 31, 2018
      • Pooled vehicle clients · unset to 3.0
        Jul 31, 2017 to Mar 31, 2018
      • Assets in custody · $1.0B to $933M
        Jul 31, 2017 to Mar 31, 2018
      • Other offices · unset to 1.0
        Jul 31, 2017 to Mar 31, 2018
      • Discretionary RAUM · $1.0B to $933M
        Jul 31, 2017 to Mar 31, 2018
      • Pooled vehicle RAUM · unset to 932805171.0
        Jul 31, 2017 to Mar 31, 2018
      • RAUM · $1.0B to $933M
        Jul 31, 2017 to Mar 31, 2018
      • Advisory employees · 5 to 7
        May 31, 2017 to Jul 31, 2017
      • BD registered reps · 0 to 1
        May 31, 2017 to Jul 31, 2017
      • Assets in custody · $1.0B to $1.0B
        May 31, 2017 to Jul 31, 2017
      • Employees · 27 to 29
        May 31, 2017 to Jul 31, 2017
      • Discretionary RAUM · $1.0B to $1.0B
        May 31, 2017 to Jul 31, 2017
      • RAUM · $1.0B to $1.0B
        May 31, 2017 to Jul 31, 2017
      • Advisory employees · 4 to 5
        Mar 23, 2017 to May 31, 2017
      • Assets in custody · $910M to $1.0B
        Mar 23, 2017 to May 31, 2017
      • Employees · 24 to 27
        Mar 23, 2017 to May 31, 2017
      • HQ city · LA CANADA to GLENDALE
        Mar 23, 2017 to May 31, 2017
      • Discretionary RAUM · $910M to $1.0B
        Mar 23, 2017 to May 31, 2017
      • RAUM · $910M to $1.0B
        Mar 23, 2017 to May 31, 2017
      • Assets in custody · $755M to $910M
        Oct 28, 2016 to Mar 23, 2017
      • Employees · 21 to 24
        Oct 28, 2016 to Mar 23, 2017
      • Discretionary RAUM · $755M to $910M
        Oct 28, 2016 to Mar 23, 2017
      • RAUM · $755M to $910M
        Oct 28, 2016 to Mar 23, 2017
      • Accounts · 1 to 3
        Sep 16, 2016 to Oct 28, 2016
      • Advisory activities · 2 to 1
        Sep 16, 2016 to Oct 28, 2016
      • Business name · D••••• L•••••• I••••• F••• A•••••••• L•• to D••••• L•••••• I••••••••• L••
        Sep 16, 2016 to Oct 28, 2016
      • Assets in custody · $627M to $755M
        Sep 16, 2016 to Oct 28, 2016
      • Employees · 19 to 21
        Sep 16, 2016 to Oct 28, 2016
      • Private funds · 1 to 3
        Sep 16, 2016 to Oct 28, 2016
      • Discretionary RAUM · $627M to $755M
        Sep 16, 2016 to Oct 28, 2016
      • RAUM · $627M to $755M
        Sep 16, 2016 to Oct 28, 2016
      • Assets in custody · unset to 626928694.0
        Apr 29, 2016 to Sep 16, 2016
      • Custody of client assets · false to true
        Apr 29, 2016 to Sep 16, 2016
      Signals
      4 dated events
      • C B•••• M•••• (Executive Vice President, Research) no longer on Schedule A of D••••• L•••••• I••••••••• L•• (listed 2019-02-06, absent 2019-02-25)
        Feb 25, 2019 · Control person left · inference
      • Bernard F•••• Turner (Chief Investment Officer) no longer on Schedule A of D••••• L•••••• I••••••••• L•• (listed 2019-01-25, absent 2019-02-06)
        Feb 6, 2019 · Control person left · inference
      • John Christopher Bigos (Managing Director, Investments) appeared on Schedule A of D••••• L•••••• I••••••••• L••
        Jan 25, 2019 · Control person joined · fact
      • D••••• L•••••• I••••• F••• A•••••••• L•• filed its initial SEC registration (Form ADV)
        Jan 6, 2016 · 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