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.
Former SEC-registered adviser
3d/L Capital Management, LLC
Latest filing Dec 22, 2023
First filing on the tape May 17, 2016 · 21 filings
RAUM
$574M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
68%
$390M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
14
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$574M as of Mar 31, 2023
Mar 30, 2017$180M then
HNW client RAUM$177M as of Mar 31, 2023
Mar 8, 2018$200M then
State-registered IARs (5.B.3)10 as of Mar 31, 2023
Mar 30, 20170 then
Employees (5.A)14 as of Mar 31, 2023
Mar 30, 201715 then
Private funds: 2
RAUM -14% over the last fiscal year+64% a year over threeIARs 9 to 10offices 5 to 0
Practice profile
derived from the filing of Dec 22, 2023; every figure names its basis
- RAUM per advisor
- $57.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 83derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.1MderivedHNW RAUM over HNW clients
- Average account
- $403,736derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 32%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 10.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +11%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.8%derived
- Compensation
- percentage of assets, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, otherreportedItem 5.G
- Wrap fee program
- $14.0MreportedItem 5.I
- Custody
- $135M, 427 clientsreportedItem 9.A
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner 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)
- 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
- Individuals$213M37%
- High-net-worth individuals$177M31%
- State and municipal entities$165M29%
- Pension and profit-sharing plans$11.9M2.1%
- Charitable organizations$7.2M1.2%
- Individual clients
- 748reported
- HNW clients
- 86reported
- Pension plan clients
- 8reported
- Charitable clients
- 11reported
- Accounts
- 1,422reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $14.2M managedreported
- Custody of client assets
- $135M for 427 clientsreported
- Compensation
- % of AUMreported
- 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
- Jesse L Perry to Ip Financial Advisory Services LLCDec 18, 2023 · RIA to affiliated broker-dealer or bank
- Matthew David Shute to Dynasty Wealth Management, LLCJul 3, 2023 · Other
Joined, latest
- Jesse L Perry from Origin Investment Advisory LLCJul 15, 2022 · RIA to RIA
- Keith Kristan Lindberg from 3d Asset Management, Inc.Apr 21, 2021 · RIA to RIA
- James Louis Matt from 3d Asset Management, Inc.Apr 20, 2021 · RIA to RIA
- Daniel William Snyder from 3d Asset Management, Inc.Apr 13, 2021 · RIA to RIA
- Michael Paul Otterson from 3d Asset Management, Inc.Apr 8, 2021 · RIA to RIA
- John Arthur O'Connor from 3d Asset Management, Inc.Apr 8, 2021 · RIA to RIA
- Scott Kevin Hawley from 3d Asset Management, Inc.Mar 16, 2021 · RIA to RIA
- Brian Edward Hawley from 3d Asset Management, Inc.Mar 11, 2021 · RIA to RIA
- Matthew David Shute from 3d Asset Management, Inc.Feb 23, 2021 · RIA to RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from 3d Asset Management, Inc.Mar 31, 2021 · Hartford, Ct
- 3 joined from 3d Asset Management, Inc.Mar 31, 2021 · Northborough, Ma
Private funds
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Lee Diversified Opportunities Master Fund LPno longer reported | Hedge Fund | $179M | 1 | May 17, 2016 |
| Lee Adaptive Strategies LPno longer reported | Hedge Fund | $11.5M | 7 | Aug 5, 2016 |
Owners and control persons
Schedule A and B, latest filing
- Mark Steven Daignault · Chief Financial Officercontrolsince 06/2022 · owns less than 5%
- Philip Robert Herrmann · Chief Executive Officercontrolsince 06/2022 · owns less than 5%
- Marshal Benjamin Lavine · Chief Investment Officercontrolsince 06/2022 · owns less than 5%
- Thomas Andrew Lucich · Chief Compliance Officercontrolsince 12/2020 · owns less than 5%
- Arthur John O'Connor · Presidentcontrolsince 12/2020 · owns less than 5%
- Bhalchandra Kevin Bhatt · Shareholdercontrolsince 02/2016 · owns 25% to 50% of Long Ridge Equity Partners, LLC
- Gerard James Brown · Shareholdercontrolsince 02/2016 · owns 25% to 50% of Long Ridge Equity Partners, LLC
- Max Jeffrey Cohen · Trustee, Eh Series A Preferred Revocable Trustcontrolsince 03/2020 · owns F of Eh Series A Preferred Revocable Trust
- Robert William Nelson · Shareholdercontrolsince 07/2018 · owns 25% to 50% of Eqis Common Holdco, LLC
- Christopher Scott Winters · Shareholdercontrolsince 07/2018 · owns 25% to 50% of Eqis Common Holdco, LLC
Entity owners
- Freedom Advisors Group Intermediate Holdings LLC · Limited Liability Companydirect · owns 75% or more
- Eh Series A Preferred Revocable Trust · Shareholder, Series A Convertible Preferred Stockindirect · owns 50% to 75% of Eqis Holding, Inc.
- Eqis Common Holdco, LLC · Shareholder, Common Stockindirect · owns 50% to 75% of Eqis Holding, Inc.
- Eqis Holding, Inc. · Shareholderindirect · owns 75% or more of Freedom Advisors Group LLC
- Freedom Advisors Group LLC · Shareholderindirect · owns 75% or more of Freedom Advisors Group Intermediate Holdings LLC
- Long Ridge Equity Partners · Voter, Common Stock Through Lrech Special Member, LLCindirect · owns F of Eqis Holding, Inc.
- Long Ridge Equity Partners I, L.P. · Shareholder, Series C Convertible Preferred Stockindirect · owns 25% to 50% of Eqis Holding, Inc.
- Long Ridge Equity Partners I, L.P. · Shareholderindirect · owns 75% or more of Eqis Common Holdco, LLC
- Long Ridge Equity Partners, LLC · General Partnerindirect · owns F of Long Ridge Equity Partners I, L.P.
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Colorado Springs, Co | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Other offices · 6 to 0Apr 25, 2023 to Dec 22, 2023
- Accounts · 1,435 to 1,422Aug 10, 2022 to Mar 31, 2023
- Charity clients · 7 to 11Aug 10, 2022 to Mar 31, 2023
- Corporate clients · 8.0 to unsetAug 10, 2022 to Mar 31, 2023
- HNW clients · 99 to 86Aug 10, 2022 to Mar 31, 2023
- Individual clients · 728 to 748Aug 10, 2022 to Mar 31, 2023
- Pension plan clients · 22 to 8Aug 10, 2022 to Mar 31, 2023
- Assets in custody · $129M to $135MAug 10, 2022 to Mar 31, 2023
- Employees · 15 to 14Aug 10, 2022 to Mar 31, 2023
- Insurance-licensed employees · 0 to 2Aug 10, 2022 to Mar 31, 2023
- State-registered IARs · 9 to 10Aug 10, 2022 to Mar 31, 2023
- Discretionary RAUM · $666M to $574MAug 10, 2022 to Mar 31, 2023
- HNW RAUM · $209M to $177MAug 10, 2022 to Mar 31, 2023
- Individual RAUM · $228M to $213MAug 10, 2022 to Mar 31, 2023
- Pension RAUM · $17.4M to $11.9MAug 10, 2022 to Mar 31, 2023
- RAUM · $666M to $574MAug 10, 2022 to Mar 31, 2023
- Wrap assets (manager) · $31.7M to $14.2MAug 10, 2022 to Mar 31, 2023
- Wrap assets (sponsor) · $18.5M to $0Aug 10, 2022 to Mar 31, 2023
- Other offices · 5 to 6Apr 28, 2022 to Aug 10, 2022
- Related adviser · false to trueApr 28, 2022 to Aug 10, 2022
- Accounts · 1,387 to 1,435Mar 31, 2021 to Mar 31, 2022
- Advisory employees · 12 to 10Mar 31, 2021 to Mar 31, 2022
- Charity clients · 6 to 7Mar 31, 2021 to Mar 31, 2022
- Corporate clients · unset to 8.0Mar 31, 2021 to Mar 31, 2022
- HNW clients · 130 to 99Mar 31, 2021 to Mar 31, 2022
- Individual clients · 719 to 728Mar 31, 2021 to Mar 31, 2022
- Pension plan clients · 16 to 22Mar 31, 2021 to Mar 31, 2022
- Pooled vehicle clients · 1.0 to unsetMar 31, 2021 to Mar 31, 2022
- Assets in custody · $72.6M to $129MMar 31, 2021 to Mar 31, 2022
- Employees · 19 to 15Mar 31, 2021 to Mar 31, 2022
- Discretionary RAUM · $682M to $666MMar 31, 2021 to Mar 31, 2022
- HNW RAUM · $207M to $209MMar 31, 2021 to Mar 31, 2022
- Individual RAUM · $186M to $228MMar 31, 2021 to Mar 31, 2022
- Pension RAUM · $14.1M to $17.4MMar 31, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · 83777838.0 to unsetMar 31, 2021 to Mar 31, 2022
- RAUM · $682M to $666MMar 31, 2021 to Mar 31, 2022
- Wrap assets (manager) · $13.6M to $31.7MMar 31, 2021 to Mar 31, 2022
- Wrap assets (sponsor) · $0 to $18.5MMar 31, 2021 to Mar 31, 2022
- Accounts · 1,862 to 1,387Dec 24, 2020 to Mar 31, 2021
- Business name · LEE CAPITAL MANAGEMENT LP to 3D/L CAPITAL MANAGEMENT, LLCDec 24, 2020 to Mar 31, 2021
Signals
24 dated events
- 3D/L Capital Management, Llc reported 0 offices beyond its principal office, down from 6 (2023-04-25 to 2023-12-22)Dec 22, 2023 · Office count change · derived
- Jesse L Perry left 3D/L Capital Management, Llc for Ip Financial Advisory Services Llc (registered 2023-10-17)Dec 18, 2023 · Advisor changed firm · fact
- Matthew David Shute left 3D/L Capital Management, Llc for Dynasty Wealth Management, Llc (registered 2023-07-24)Jul 3, 2023 · Advisor changed firm · fact
- Lawrence Joseph Demmler (Chief Executive Officer, Director) no longer on Schedule A of 3D/L Capital Management, Llc (listed 2022-04-28, absent 2022-08-10)Aug 10, 2022 · Control person left · inference
- Max Jeffrey Cohen (Trustee, Eh Series A Preferred Revocable Trust) appeared on Schedule A of 3D/L Capital Management, LlcAug 10, 2022 · Control person joined · fact
- Philip Robert Herrmann (Chief Executive Officer) appeared on Schedule A of 3D/L Capital Management, LlcAug 10, 2022 · Control person joined · fact
- Mark Steven Daignault (Chief Financial Officer) appeared on Schedule A of 3D/L Capital Management, LlcAug 10, 2022 · Control person joined · fact
- Nathan Eigerman (Co-Chief Investment Officer) no longer on Schedule A of 3D/L Capital Management, Llc (listed 2022-04-28, absent 2022-08-10)Aug 10, 2022 · Control person left · inference
- Christopher Scott Winters (Shareholder) appeared on Schedule A of 3D/L Capital Management, LlcAug 10, 2022 · Control person joined · fact
- Robert William Nelson (Shareholder) appeared on Schedule A of 3D/L Capital Management, LlcAug 10, 2022 · Control person joined · fact
- Bhalchandra Kevin Bhatt (Shareholder) appeared on Schedule A of 3D/L Capital Management, LlcAug 10, 2022 · Control person joined · fact
- Gerard James Brown (Shareholder) appeared on Schedule A of 3D/L Capital Management, LlcAug 10, 2022 · Control person joined · fact
- Steven Jeffrey Feinberg (Chief Legal Officer, General Counsel) no longer on Schedule A of 3D/L Capital Management, Llc (listed 2022-03-31, absent 2022-04-27)Apr 27, 2022 · Control person left · inference
- 3D/L Capital Management, Llc reported RAUM $733.9M, up 461% from $130.8M (2020-03-30 to 2020-12-24)Dec 24, 2020 · RAUM change · derived
- Lee Capital Management Lp reported succeeding to the business of Another Adviser (Form ADV Item 4)Dec 24, 2020 · Succession (Item 4) · fact
- Russell Kevin Orr (Managing Partner) no longer on Schedule A of 3D/L Capital Management, Llc (listed 2020-03-30, absent 2020-12-24)Dec 24, 2020 · Control person left · inference
- Thomas Andrew Lucich (Chief Compliance Officer) appeared on Schedule A of 3D/L Capital Management, LlcDec 24, 2020 · Control person joined · fact
- Marshal Benjamin Lavine (Co-Chief Investment Officer) appeared on Schedule A of 3D/L Capital Management, LlcDec 24, 2020 · Control person joined · fact
- Arthur John O'Connor (President, Director) appeared on Schedule A of 3D/L Capital Management, LlcDec 24, 2020 · Control person joined · fact
- 3D/L Capital Management, Llc reported 5 offices beyond its principal office, up from 0 (2020-03-30 to 2020-12-24)Dec 24, 2020 · Office count change · derived
- Lawrence Adam Altus (Executive Officer) no longer on Schedule A of 3D/L Capital Management, Llc (listed 2019-01-18, absent 2019-03-28)Mar 28, 2019 · Control person left · inference
- Lawrence Adam Altus (Executive Officer) appeared on Schedule A of 3D/L Capital Management, LlcJan 18, 2019 · Control person joined · fact
- Steven Jeffrey Feinberg (Chief Compliance Officer, General Counsel) appeared on Schedule A of 3D/L Capital Management, LlcJan 18, 2019 · Control person joined · fact
- Lee Capital Management Lp filed its initial SEC registration (Form ADV)May 17, 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