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

A•••••• P••••••• N•••• A•••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 283144SEC 801-107569IAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 28, 2016 · 15 filings
SEC status approved since Mar 30, 2016
RAUM
$5.1B
reported, Item 5.F
Discretionary
0.0%
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
11
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$5.1B as of Mar 30, 2026
Mar 29, 2017$442M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 29, 20170 then
Employees (5.A)11 as of Mar 30, 2026
Mar 29, 201725 then
Private funds: no history
RAUM -21% over the last fiscal year+16% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$5.1BderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%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
-21%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
fixed fees, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, 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
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$5.1B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
fixedreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true 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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • S•••••• D••••• S•••••• · Managing Director & Partnercontrol
        since 12/2016 · owns less than 5%
      • F•••••• G••••••• L•• · Chief Compliance Officer
        since 03/2016 · owns less than 5%
      Entity owners
      • A•••••• ••• B•••••• L•• · Sole Member
        direct · owns 75% or more
      • A•••••• C•• P•••••••• S••• · Sole Member
        indirect · owns 75% or more of A•••••• ••• B•••••• L••
      Related persons
      Schedule D 7.A
      • A•••••• P•••••• E••••• S•••• S••
        investment adviserpooled 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
      • low discretionary shareStatic outlier · filing Mar 30, 2026
        discretionary share of RAUM of 0% against a peer median of 100% (684 comparable advisers, 0.0th percentile, 33.7 robust deviations)
        peers: asset managers, $5B to $20B (684) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • Advisory employees · 9 to 10
        Mar 26, 2025 to Mar 30, 2026
      • Employees · 9 to 11
        Mar 26, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $6.5B to $5.1B
        Mar 26, 2025 to Mar 30, 2026
      • RAUM · $6.5B to $5.1B
        Mar 26, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 26, 2025
      • Non-discretionary RAUM · $5.9B to $6.5B
        Mar 28, 2024 to Mar 26, 2025
      • RAUM · $5.9B to $6.5B
        Mar 28, 2024 to Mar 26, 2025
      • Non-discretionary RAUM · $3.3B to $5.9B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $3.3B to $5.9B
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 10 to 9
        Mar 30, 2022 to Mar 31, 2023
      • Employees · 10 to 9
        Mar 30, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $4.2B to $3.3B
        Mar 30, 2022 to Mar 31, 2023
      • RAUM · $4.2B to $3.3B
        Mar 30, 2022 to Mar 31, 2023
      • Advisory employees · 8 to 10
        Mar 31, 2021 to Mar 30, 2022
      • Employees · 8 to 10
        Mar 31, 2021 to Mar 30, 2022
      • Non-discretionary RAUM · $3.3B to $4.2B
        Mar 31, 2021 to Mar 30, 2022
      • RAUM · $3.3B to $4.2B
        Mar 31, 2021 to Mar 30, 2022
      • Advisory employees · 12 to 8
        Feb 28, 2020 to Mar 31, 2021
      • Employees · 12 to 8
        Feb 28, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $3.1B to $3.3B
        Feb 28, 2020 to Mar 31, 2021
      • RAUM · $3.1B to $3.3B
        Feb 28, 2020 to Mar 31, 2021
      • Advisory employees · 6 to 12
        Mar 25, 2019 to Feb 28, 2020
      • Employees · 6 to 12
        Mar 25, 2019 to Feb 28, 2020
      • Non-discretionary RAUM · $3.1B to $3.1B
        Mar 25, 2019 to Feb 28, 2020
      • RAUM · $3.1B to $3.1B
        Mar 25, 2019 to Feb 28, 2020
      • Non-discretionary RAUM · $504M to $3.1B
        Mar 29, 2018 to Mar 25, 2019
      • RAUM · $504M to $3.1B
        Mar 29, 2018 to Mar 25, 2019
      • Related insurance company · false to true
        Mar 29, 2018 to Mar 25, 2019
      • Advisory employees · 25 to 6
        Nov 20, 2017 to Mar 29, 2018
      • Business name · A•••••• S••••••••• L•• to A•••••• P••••••• N•••• A•••••• L••
        Nov 20, 2017 to Mar 29, 2018
      • Employees · 25 to 6
        Nov 20, 2017 to Mar 29, 2018
      • Legal name · A•••••• S••••••••• L•• to A•••••• P••••••• N•••• A•••••• L••
        Nov 20, 2017 to Mar 29, 2018
      • Non-discretionary RAUM · $442M to $504M
        Nov 20, 2017 to Mar 29, 2018
      • RAUM · $442M to $504M
        Nov 20, 2017 to Mar 29, 2018
      • Other offices · unset to 0.0
        Jun 30, 2017 to Nov 20, 2017
      • Advisory employees · 1 to 25
        Nov 28, 2016 to Mar 29, 2017
      • Employees · 2 to 25
        Nov 28, 2016 to Mar 29, 2017
      • Non-discretionary RAUM · $223M to $442M
        Nov 28, 2016 to Mar 29, 2017
      • RAUM · $223M to $442M
        Nov 28, 2016 to Mar 29, 2017
      • Accounts · 0 to 1
        Mar 28, 2016 to Jul 25, 2016
      Signals
      4 dated events
      • A•••••• P••••••• N•••• A•••••• L•• reported RAUM $5.9B, up 76% from $3.3B (2023-03-31 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • A•••••• P••••••• N•••• A•••••• L•• reported RAUM $4.2B, up 26% from $3.3B (2021-03-31 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • A•••••• P••••••• N•••• A•••••• L•• reported RAUM $3.1B, up 518% from $503.7M (2018-03-29 to 2019-03-25)
        Mar 25, 2019 · RAUM change · derived
      • A•••••• S••••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 28, 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.
      How to reach
      public business contact points only, each with its source
      Principal office phone
      212-257-5781reportedpublic record, Form ADV, Mar 30, 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