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••• E•••••

Asset manager (funds and pooled vehicles)Houston, TexasCRD 283269SEC 801-107752websiteIAPD
Legal name B•••• C••• E••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Apr 21, 2016 · 22 filings
SEC status approved since Apr 27, 2016
RAUM
$1.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$524M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
7
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$1.0B as of Mar 31, 2026
Mar 29, 2017$1.2B 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)9 as of Mar 31, 2026
Mar 29, 20177 then
Private funds7 as of Mar 31, 2026
Mar 29, 20179 then
RAUM -30% over the last fiscal year-22% 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
$524MderivedRAUM 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
$150MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-30%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 vehicles, otherreportedItem 5.G
Custody
$165M, 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.0B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$165M for 3 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=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
W•••••• W•••••• M•••••••Houston, TxMay 24, 201611 y0
M••• N••••• S•••••Houston, TxMay 26, 201611 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B•••• C••• E••••• I••• L•••Private Equity Fund$807M19Dec 19, 2018
      B••••••• H••••••• I• L••Private Equity Fund$664M6Mar 27, 2020
      B••••••• H••••••• I•• L••Private Equity Fund$462M4Mar 30, 2021
      B•••• C••• E••••• I•• L•••Private Equity Fund$310M43Mar 29, 2017
      B••••••• H••••••• L••Private Equity Fund$123M15Dec 19, 2018
      B•••••• H•••••••• L••Private Equity Fund$44.8M15Apr 21, 2016
      B••••••• H•••••••• L••no longer reportedPrivate Equity Fund$34.9M68Apr 21, 2016
      B•••• C••• E•••••• L•••Private Equity Fund$27.4M47Apr 21, 2016
      B••••• H••••••• L••Private Equity Fund$18.8M18Mar 30, 2018
      B•••• C••• E••••• A•••••••• F••• I•• L•••Private Equity Fund$12.2M30Mar 29, 2017
      B•••• C••• E••••• A•••••••• F••• I••• L•••Private Equity Fund$11.0M10Dec 19, 2018
      B•••••• H•••••••• L••Private Equity Fund$4.7M3Apr 21, 2016
      B•••• C••• E••••• A•••••••• F•••• L•••Private Equity Fund$1.7M20Apr 21, 2016
      B•••••• H••••••• L••no longer reportedPrivate Equity Fund$118,2184Mar 29, 2019
      B••••••• H•••••••• L••Private Equity Fund$112,3559Mar 29, 2017
      B••••• A••••••••• L••Private Equity Fund$42,13716Mar 29, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • K••••••• A•••••• E••••• · Chief Compliance Officer, Chief Financial Officer, Managing Directorcontrol
        since 01/2023 · owns less than 5%
      • L••••••••• D•••••• P••• · General Counsel & Managing Directorcontrol
        since 04/2017 · owns less than 5%
      • M•••••••• W••••••• W•••••• · Founder, Managing Partnercontrol
        since 05/2015 · owns less than 5%
      Related persons
      Schedule D 7.A
      • B•••• C••• E••••• G• I•• L•••
        pooled vehicle sponsorn
      • B•••• C••• E••••• G• I••• L•••
        pooled vehicle sponsorn
      • B•••• C••• E••••• G•• L•••
        pooled vehicle sponsorn
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Houston, Tx · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM down 25 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $1,505,652,016 to $1,047,155,162 (-30.0%) between the annual amendments of 2025-03-28 and 2026-03-31; the peer median change was +11.0% (1368 comparable advisers, 3.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,368) · 2.9% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 14 to 7
        Jul 30, 2025 to Mar 31, 2026
      • Advisory employees · 8 to 7
        Jul 30, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 14 to 7
        Jul 30, 2025 to Mar 31, 2026
      • Assets in custody · $246M to $165M
        Jul 30, 2025 to Mar 31, 2026
      • Employees · 10 to 9
        Jul 30, 2025 to Mar 31, 2026
      • Private funds · 14 to 7
        Jul 30, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.5B to $1.0B
        Jul 30, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.5B to $1.0B
        Jul 30, 2025 to Mar 31, 2026
      • RAUM · $1.5B to $1.0B
        Jul 30, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to Jul 30, 2025
      • Advisory employees · 9 to 8
        Jun 4, 2024 to Mar 28, 2025
      • Assets in custody · $235M to $246M
        Jun 4, 2024 to Mar 28, 2025
      • Employees · 11 to 10
        Jun 4, 2024 to Mar 28, 2025
      • Discretionary RAUM · $1.5B to $1.5B
        Jun 4, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $1.5B to $1.5B
        Jun 4, 2024 to Mar 28, 2025
      • RAUM · $1.5B to $1.5B
        Jun 4, 2024 to Mar 28, 2025
      • Assets in custody · $386M to $235M
        Mar 30, 2023 to Mar 28, 2024
      • Discretionary RAUM · $2.2B to $1.5B
        Mar 30, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $2.2B to $1.5B
        Mar 30, 2023 to Mar 28, 2024
      • RAUM · $2.2B to $1.5B
        Mar 30, 2023 to Mar 28, 2024
      • Advisory employees · 10 to 9
        Jan 26, 2023 to Mar 30, 2023
      • Assets in custody · $353M to $386M
        Jan 26, 2023 to Mar 30, 2023
      • Employees · 10 to 11
        Jan 26, 2023 to Mar 30, 2023
      • Discretionary RAUM · $1.8B to $2.2B
        Jan 26, 2023 to Mar 30, 2023
      • Pooled vehicle RAUM · $1.8B to $2.2B
        Jan 26, 2023 to Mar 30, 2023
      • RAUM · $1.8B to $2.2B
        Jan 26, 2023 to Mar 30, 2023
      • Related adviser · true to false
        Mar 30, 2022 to Jul 21, 2022
      • Related bank · true to false
        Mar 30, 2022 to Jul 21, 2022
      • Advisory employees · 11 to 10
        Mar 30, 2021 to Mar 30, 2022
      • Assets in custody · $825M to $353M
        Mar 30, 2021 to Mar 30, 2022
      • Employees · 11 to 10
        Mar 30, 2021 to Mar 30, 2022
      • Discretionary RAUM · $1.7B to $1.8B
        Mar 30, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $1.7B to $1.8B
        Mar 30, 2021 to Mar 30, 2022
      • RAUM · $1.7B to $1.8B
        Mar 30, 2021 to Mar 30, 2022
      • Advisory employees · 13 to 11
        Mar 27, 2020 to Mar 30, 2021
      • Assets in custody · $352M to $825M
        Mar 27, 2020 to Mar 30, 2021
      • Employees · 13 to 11
        Mar 27, 2020 to Mar 30, 2021
      • Discretionary RAUM · $1.2B to $1.7B
        Mar 27, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $1.2B to $1.7B
        Mar 27, 2020 to Mar 30, 2021
      • RAUM · $1.2B to $1.7B
        Mar 27, 2020 to Mar 30, 2021
      Signals
      11 dated events
      • B•••• C••• E••••• reported RAUM $1.0B, down 30% from $1.5B (2025-07-30 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Nathan Mark Stoner (Partner) no longer on Schedule A of B•••• C••• E••••• (listed 2024-03-28, absent 2024-06-04)
        Jun 4, 2024 · Control person left · inference
      • B•••• C••• E••••• reported RAUM $1.5B, down 34% from $2.2B (2023-03-30 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • Eby Kristin Mackelvey (Chief Financial Officer) no longer on Schedule A of B•••• C••• E••••• (listed 2022-07-21, absent 2023-01-26)
        Jan 26, 2023 · Control person left · inference
      • Edward Andrew Koehler (Chief Compliance Officer, Chief Financial Officer, Managing Director) appeared on Schedule A of B•••• C••• E•••••
        Jan 26, 2023 · Control person joined · fact
      • Reed Charles Cherington (Manager, Member) no longer on Schedule A of B•••• C••• E••••• (listed 2022-03-30, absent 2022-07-21)
        Jul 21, 2022 · Control person left · inference
      • William Troy Thacker (Manager, Member) no longer on Schedule A of B•••• C••• E••••• (listed 2022-03-30, absent 2022-07-21)
        Jul 21, 2022 · Control person left · inference
      • B•••• C••• E••••• reported RAUM $1.7B, up 48% from $1.2B (2020-03-27 to 2021-03-30)
        Mar 30, 2021 · RAUM change · derived
      • B•••• C••• E••••• reported RAUM $1.3B, down 26% from $1.8B (2018-12-19 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • B•••• C••• E••••• reported RAUM $1.8B, up 39% from $1.3B (2018-03-30 to 2018-12-19)
        Dec 19, 2018 · RAUM change · derived
      • B•••• C••• E••••• filed its initial SEC registration (Form ADV)
        Apr 21, 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
      bayoucityenergy.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      713-400-8200reportedpublic 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
      $524Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026