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•••••• M••••••••• L•

Asset manager (funds and pooled vehicles)Scottsdale, ArizonaCRD 284363SEC 801-108741websiteIAPD
Latest filing Apr 27, 2026
First filing on the tape Nov 22, 2016 · 19 filings
SEC status approved since Dec 16, 2016
RAUM
$8.0B
reported, Item 5.F
Discretionary
92%
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
150
40 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
14
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$8.0B as of Apr 27, 2026
Mar 27, 2017$628M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 27, 2026
Mar 27, 20170 then
Employees (5.A)150 as of Apr 27, 2026
Mar 27, 201738 then
Private funds14 as of Apr 27, 2026
Mar 27, 20174 then
RAUM +12% over the last fiscal year+13% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 27, 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
$347MderivedRAUM over accounts (5.F.2.f)
Discretionary
92%derivedof RAUM
Institutional
7.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived5 offices incl. principal (1.F.5)
RAUM growth, one year
+12%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
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)
  • 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$7.4B92%
  • Insurance companies$613M7.7%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
23reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.92 institutional_share=0.08 related_bd=false 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
      13 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • D••••••• P•••••• J••• · Chief Investment Officercontrol
        since 09/2016 · owns less than 5%
      • H•••••••• C••••••••• L• · Chief Finanacial Officercontrol
        since 01/2023 · owns less than 5%
      • N••••••• B••••• S••••• · Chief Compliance Officercontrol
        since 03/2021 · owns less than 5%
      • P•••••• J•••• C••••• · Chief Legal Officercontrol
        since 09/2016 · owns less than 5%
      • R•••••••• C••••••• J••••• · Chief Executive Officercontrol
        since 09/2016 · owns less than 5%
      • S••••••• W•••••• J•••••• · Chairmancontrol
        since 09/2016 · owns less than 5%
      • T•••••• P••••• J••• · Presidentcontrol
        since 01/2023 · owns less than 5%
      Entity owners
      • B••••• C•••••• M••••••••• L•• · General Partner
        direct · owns less than 5%
      • I•••••• C•••••• G••• P••••• ••••••••• L••• · Limited Partner Of B••••• Capital Management, LP
        direct · owns 75% or more
      • I•••••• C•••••• G••• P••••• ••••••••• L••• · Member
        indirect · owns 75% or more of B••••• C•••••• M••••••••• L••
      • I•••••• C•••••• G••• P•••••• L••••• · General Partner
        indirect · owns F of I•••••• Capital Gp (O•••••••••), LP
      Related persons
      Schedule D 7.A
      • B••••• M•• M••••••••• L•
        pooled vehicle sponsorn
      • B••••• M••••••• S••••••••• F••• G•• L••
        pooled vehicle sponsorn
      • B••••• S• C•••••• M••••••••• L•••
        pooled vehicle sponsorn
      • B••••• S• E•••••••• F••••• F••• G•• L•••••
        pooled vehicle sponsorn
      • B••• M••••••••• F••• I•• L•••
        pooled vehicle sponsorn
      • F••••••••• C•••••• M••••••••• L•
        pooled vehicle sponsorn
      • F••••••••• F••••• F••• G•• L••
        pooled vehicle sponsorn
      • I•••••• C•••••• M••••••••• F••• I••• L•
        pooled vehicle sponsorn
      • I•••••• C•••••• M••••••••• F••• I•• L•
        pooled vehicle sponsorn
      • I•••••• C•••••• M••••••••• F••• V• L•
        pooled vehicle sponsorn
      • I•••••• C•••••• M••••••••• F••• V•• L•
        pooled vehicle sponsorn
      • I•••••• G••••• C••••• F••••• F••• I••• G•• L••
        pooled vehicle sponsorn
      • I•••••• G••••• C••••• F••••• F••• I•• G•• L••
        pooled vehicle sponsorn
      • I•••••• G••••• C••••• F••••• F••• V• G•• L••
        pooled vehicle sponsorn
      • I•••••• G••••• C••••• F••••• F••• V• G•• L••
        pooled vehicle sponsorn
      • P••••• C•••••• M••••••••• F••• I•• L•
        pooled vehicle sponsorn
      • S••••••••• L•• G••••• P•••
        n
      Offices
      Schedule D 1.F, the 25 largest
      • Alpharetta, GA22 employees
      • New York, NY9 employees
      • London, United Kingdom4 employees
      • Budapest, Hungary1 employees
      What changed
      consecutive filings, newest first
      • Private funds · 11 to 14
        May 16, 2025 to Mar 30, 2026
      • Accounts · 21 to 23
        May 16, 2025 to Mar 30, 2026
      • Advisory employees · 39 to 40
        May 16, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 20 to 22
        May 16, 2025 to Mar 30, 2026
      • Employees · 140 to 150
        May 16, 2025 to Mar 30, 2026
      • Discretionary RAUM · $6.7B to $7.4B
        May 16, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $482M to $613M
        May 16, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $6.7B to $7.4B
        May 16, 2025 to Mar 30, 2026
      • RAUM · $7.2B to $8.0B
        May 16, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Apr 22, 2025 to May 16, 2025
      • Accounts · 20 to 21
        Apr 29, 2024 to Apr 22, 2025
      • Advisory employees · 38 to 39
        Apr 29, 2024 to Apr 22, 2025
      • Pooled vehicle clients · 19 to 20
        Apr 29, 2024 to Apr 22, 2025
      • Employees · 105 to 140
        Apr 29, 2024 to Apr 22, 2025
      • Discretionary RAUM · $6.1B to $6.7B
        Apr 29, 2024 to Apr 22, 2025
      • Non-discretionary RAUM · $227M to $482M
        Apr 29, 2024 to Apr 22, 2025
      • Pooled vehicle RAUM · $6.1B to $6.7B
        Apr 29, 2024 to Apr 22, 2025
      • RAUM · $6.4B to $7.2B
        Apr 29, 2024 to Apr 22, 2025
      • Accounts · 19 to 20
        Jun 30, 2023 to Mar 29, 2024
      • Advisory employees · 42 to 38
        Jun 30, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 18 to 19
        Jun 30, 2023 to Mar 29, 2024
      • Employees · 96 to 105
        Jun 30, 2023 to Mar 29, 2024
      • Other offices · 5 to 4
        Jun 30, 2023 to Mar 29, 2024
      • Discretionary RAUM · $5.4B to $6.1B
        Jun 30, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $185M to $227M
        Jun 30, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $5.4B to $6.1B
        Jun 30, 2023 to Mar 29, 2024
      • RAUM · $5.6B to $6.4B
        Jun 30, 2023 to Mar 29, 2024
      • Related adviser · true to false
        Jun 30, 2023 to Mar 29, 2024
      • Accounts · 16 to 19
        May 2, 2022 to Mar 31, 2023
      • Advisory employees · 39 to 42
        May 2, 2022 to Mar 31, 2023
      • Advisory activities · 1 to 2
        May 2, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 16 to 18
        May 2, 2022 to Mar 31, 2023
      • Employees · 83 to 96
        May 2, 2022 to Mar 31, 2023
      • Private funds · 9 to 11
        May 2, 2022 to Mar 31, 2023
      • Discretionary RAUM · $5.8B to $5.4B
        May 2, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $0 to $185M
        May 2, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $5.8B to $5.4B
        May 2, 2022 to Mar 31, 2023
      • RAUM · $5.8B to $5.6B
        May 2, 2022 to Mar 31, 2023
      • Accounts · 11 to 16
        Apr 29, 2021 to Mar 31, 2022
      • Advisory employees · 36 to 39
        Apr 29, 2021 to Mar 31, 2022
      Signals
      10 dated events
      • Leigh Scott Gilbert (Chief Financial Officer) no longer on Schedule A of B••••• C•••••• M••••••••• L• (listed 2022-05-02, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • L Christina Houghton (Chief Finanacial Officer) appeared on Schedule A of B••••• C•••••• M••••••••• L•
        Mar 31, 2023 · Control person joined · fact
      • John Peter Troisi (President) appeared on Schedule A of B••••• C•••••• M••••••••• L•
        Mar 31, 2023 · Control person joined · fact
      • B••••• C•••••• M••••••••• L• reported RAUM $5.8B, up 144% from $2.4B (2021-04-29 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Steven Brett Niehaus (Chief Compliance Officer) appeared on Schedule A of B••••• C•••••• M••••••••• L•
        Mar 31, 2021 · Control person joined · fact
      • B••••• C•••••• M••••••••• L• reported RAUM $2.0B, up 43% from $1.4B (2019-03-27 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      • Rockwell Barry Sanders (Chief Compliance Officer) no longer on Schedule A of B••••• C•••••• M••••••••• L• (listed 2019-03-27, absent 2020-03-27)
        Mar 27, 2020 · Control person left · inference
      • B••••• C•••••• M••••••••• L• reported RAUM $1.4B, up 43% from $950.5M (2018-04-05 to 2019-03-27)
        Mar 27, 2019 · RAUM change · derived
      • B••••• C•••••• M••••••••• L• reported RAUM $950.5M, up 51% from $628.4M (2017-03-27 to 2018-03-28)
        Mar 28, 2018 · RAUM change · derived
      • B••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Nov 22, 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
      Firm profile
      H••••://WWW.LINKEDIN.COM/COMPANY/B•••••reportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      602-802-8300reportedpublic record, Form ADV, Apr 27, 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