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

R••• C•••••• L••

Asset manager (funds and pooled vehicles)Seattle, WashingtonCRD 284645SEC 801-123049websiteIAPD
Latest filing May 1, 2026
First filing on the tape Dec 14, 2021 · 15 filings
SEC status approved since Feb 14, 2022
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.3B
derived; firm RAUM over IAPD count
Employees
7
6 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
2
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$1.3B as of May 1, 2026
Mar 28, 2022$164M then
HNW client RAUM$0 as of May 1, 2026
Mar 28, 2022$0 then
State-registered IARs (5.B.3)1 as of May 1, 2026
Mar 28, 20221 then
Employees (5.A)7 as of May 1, 2026
Mar 28, 20222 then
Private funds2 as of May 1, 2026
Mar 28, 20221 then
RAUM +27% over the last fiscal year+78% a year over threeIARs 1 to 1
Practice profile
derived from the filing of May 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$1.3BderivedRAUM 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
$426MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
7.0derivedItem 5.A over advisors
Advisors per office
0.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$1.1B, 2 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$1.1B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.1B for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.87 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B•••• D•••• P••••Seattle, WaDec 1, 201618 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
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      R•••• S••••• P••••••• L•Hedge Fund$547M46Dec 14, 2021
      R••• S•• 1• L•• • S••••• 1•Hedge Fund$28.1M20Mar 28, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • H••••••••• J••••• R•••••• · Chief Compliance Officer & Chief Operating Officercontrol
        since 09/2024 · owns less than 5%
      • P••••• B••••• D•••• · Managing Membercontrol
        since 07/2016 · owns 75% or more
      Related persons
      Schedule D 7.A
      • R••• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Dallas, TX1 employees
      • New York, NY1 employees
      • Los Angeles, CA
      What changed
      consecutive filings, newest first
      • Advisory employees · 5 to 6
        Jan 12, 2026 to Mar 31, 2026
      • Charity clients · 1.0 to unset
        Jan 12, 2026 to Mar 31, 2026
      • Assets in custody · $855M to $1.1B
        Jan 12, 2026 to Mar 31, 2026
      • Employees · 6 to 7
        Jan 12, 2026 to Mar 31, 2026
      • Other offices · 2 to 3
        Jan 12, 2026 to Mar 31, 2026
      • Discretionary RAUM · $1.0B to $1.3B
        Jan 12, 2026 to Mar 31, 2026
      • Pooled vehicle RAUM · $855M to $1.1B
        Jan 12, 2026 to Mar 31, 2026
      • RAUM · $1.0B to $1.3B
        Jan 12, 2026 to Mar 31, 2026
      • Other offices · 3 to 2
        Apr 29, 2025 to Sep 29, 2025
      • Assets in custody · $575M to $855M
        Sep 27, 2024 to Apr 29, 2025
      • Financial planning clients · unset to
        Sep 27, 2024 to Apr 29, 2025
      • Discretionary RAUM · $713M to $1.0B
        Sep 27, 2024 to Apr 29, 2025
      • Pooled vehicle RAUM · $575M to $855M
        Sep 27, 2024 to Apr 29, 2025
      • RAUM · $713M to $1.0B
        Sep 27, 2024 to Apr 29, 2025
      • Advisory employees · 4 to 5
        May 10, 2024 to Sep 27, 2024
      • Pooled vehicle clients · 1 to 2
        May 10, 2024 to Sep 27, 2024
      • Assets in custody · $400M to $575M
        May 10, 2024 to Sep 27, 2024
      • Employees · 4 to 6
        May 10, 2024 to Sep 27, 2024
      • Other offices · 2 to 3
        May 10, 2024 to Sep 27, 2024
      • Discretionary RAUM · $548M to $713M
        May 10, 2024 to Sep 27, 2024
      • Pooled vehicle RAUM · $400M to $575M
        May 10, 2024 to Sep 27, 2024
      • RAUM · $548M to $713M
        May 10, 2024 to Sep 27, 2024
      • Advisory employees · 3 to 4
        Apr 29, 2024 to May 10, 2024
      • Employees · 3 to 4
        Apr 29, 2024 to May 10, 2024
      • Other offices · 1 to 2
        Apr 29, 2024 to May 10, 2024
      • Other offices · 0 to 1
        Mar 28, 2024 to Apr 29, 2024
      • Accounts · 2 to 3
        Aug 4, 2023 to Mar 28, 2024
      • Assets in custody · $193M to $400M
        Aug 4, 2023 to Mar 28, 2024
      • Private funds · 1 to 2
        Aug 4, 2023 to Mar 28, 2024
      • Discretionary RAUM · $327M to $548M
        Aug 4, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $193M to $400M
        Aug 4, 2023 to Mar 28, 2024
      • RAUM · $327M to $548M
        Aug 4, 2023 to Mar 28, 2024
      • Advisory employees · 1 to 3
        Mar 31, 2023 to Aug 4, 2023
      • Assets in custody · $113M to $193M
        Mar 31, 2023 to Aug 4, 2023
      • Employees · 2 to 3
        Mar 31, 2023 to Aug 4, 2023
      • Discretionary RAUM · $225M to $327M
        Mar 31, 2023 to Aug 4, 2023
      • Pooled vehicle RAUM · $113M to $193M
        Mar 31, 2023 to Aug 4, 2023
      • RAUM · $225M to $327M
        Mar 31, 2023 to Aug 4, 2023
      • Charity clients · unset to 1.0
        May 2, 2022 to Mar 31, 2023
      • Assets in custody · $70.0M to $113M
        May 2, 2022 to Mar 31, 2023
      Signals
      7 dated events
      • R••• C•••••• L•• reported RAUM $1.3B, up 27% from $1.0B (2026-01-12 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • R••• C•••••• L•• reported RAUM $1.0B, up 41% from $712.6M (2024-09-27 to 2025-04-29)
        Apr 29, 2025 · RAUM change · derived
      • R••• C•••••• L•• reported RAUM $712.6M, up 30% from $548.1M (2024-05-10 to 2024-09-27)
        Sep 27, 2024 · RAUM change · derived
      • Richard James Hernandez (Chief Compliance Officer & Chief Operating Officer) appeared on Schedule A of R••• C•••••• L••
        Sep 27, 2024 · Control person joined · fact
      • R••• C•••••• L•• reported RAUM $548.1M, up 68% from $326.6M (2023-08-04 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • R••• C•••••• L•• reported RAUM $326.6M, up 45% from $225.2M (2023-03-31 to 2023-08-04)
        Aug 4, 2023 · RAUM change · derived
      • R••• C•••••• L•• filed its initial SEC registration (Form ADV)
        Dec 14, 2021 · 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
      Firm profile
      linkedin.com/company/reade-street/aboutreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-543-1000reportedpublic record, Form ADV, May 1, 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
      $1.3Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026