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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Former SEC-registered adviser

M••••• P•••• C••••• M••••••••• L••

Former SEC-registered adviserNew York, New YorkCRD 284749SEC 801-108241IAPD
Latest filing Jul 27, 2023
First filing on the tape Aug 2, 2016 · 24 filings
RAUM
$7.8B
reported, Item 5.F
Discretionary
100%
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
19
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
20
$7.9B gross assets
History
24 filings and snapshots on the tape
RAUM$7.8B as of Mar 28, 2023
Mar 30, 2017$3.6B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 28, 2023
Mar 30, 20170 then
Employees (5.A)19 as of Mar 28, 2023
Mar 30, 20179 then
Private funds20 as of Mar 28, 2023
Mar 30, 201710 then
RAUM +9.1% over the last fiscal year+17% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 27, 2023; 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
$371MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%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
+9.1%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-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$147M, 1 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$7.8B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
21reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$147M for 1 clientsreported
Compensation
% of AUM, performancereported
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      M• C•• I•• L•••no longer reportedSecuritized Asset Fund$400M2Mar 30, 2017
      M• C•• V•• L•••no longer reportedSecuritized Asset Fund$398M6Mar 31, 2015
      A••• C•• 2•••••no longer reportedSecuritized Asset Fund$223M5Mar 27, 2013
      M••••• P•••• I••••••••• L•no longer reportedPrivate Equity Fund$171M33Mar 30, 2017
      S•••••••• B•••• L•••no longer reportedSecuritized Asset Fund$33.9M1Feb 28, 2020
      M• C•• V• L•••no longer reportedSecuritized Asset Fund$2.3M3Sep 23, 2014
      Owners and control persons
      Schedule A and B, latest filing
      • G•••• C••••• S•••• · Director Of Capital Markets And Head Tradercontrol
        since 01/2017 · owns less than 5%
      • S•••••••• T•••••• H••••• · Chief Executive Officer And Chief Investment Officercontrol
        since 08/2016 · owns less than 5%
      • S••••• E•••••• B••••••••• · Chief Compliance Officer; General Counselcontrol
        since 04/2021 · owns less than 5%
      Entity owners
      • I•• C••••• M••••••••• F••••••••• L•• · Managing Member
        direct · owns 75% or more
      • C• H••••••• L•••••• · Shareh•••••
        indirect · owns 50% to 75% of I••••••••• H••••••• L••••••
      • I•••• H••••••• L••• · Shareh•••••
        indirect · owns 75% or more of I•••• I••••••••• S•• L•••
      • I•••• I••••••••• S•• L••• · Shareh•••••
        indirect · owns 50% to 75% of S•••• L••••••
      • I••••••••• H••••••• L•••••• · Shareh•••••
        indirect · owns 75% or more of I••••••••• S•••
      • I••••••••• I••••••••• H••••••• I••• · Shareh•••••
        indirect · owns 75% or more of I•• C••••• M••••••••• F••••••••• L••
      • I••••••••• S••• · Shareh•••••
        indirect · owns 75% or more of I••••••••• I••••••••• H••••••• I•••
      • O•••••••• H••••••• L•••••• · Shareh•••••
        indirect · owns 50% to 75% of C• H••••••• L••••••
      • S•••• H••••••• L•••••• · Shareh•••••
        indirect · owns 75% or more of I•••• H••••••• L•••
      • S•••• L•••••• · Shareh•••••
        indirect · owns 25% to 50% of O•••••••• H••••••• L••••••
      Related persons
      Schedule D 7.A
      Advisers that list M••••• P•••• C••••• M••••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 20 to 21
        Feb 6, 2023 to Mar 28, 2023
      • BD registered reps · 2 to 1
        Feb 6, 2023 to Mar 28, 2023
      • Pooled vehicle clients · 19 to 20
        Feb 6, 2023 to Mar 28, 2023
      • Assets in custody · $189M to $147M
        Feb 6, 2023 to Mar 28, 2023
      • Employees · 22 to 19
        Feb 6, 2023 to Mar 28, 2023
      • Private funds · 19 to 20
        Feb 6, 2023 to Mar 28, 2023
      • Discretionary RAUM · $7.1B to $7.8B
        Feb 6, 2023 to Mar 28, 2023
      • Pooled vehicle RAUM · $7.1B to $7.8B
        Feb 6, 2023 to Mar 28, 2023
      • RAUM · $7.1B to $7.8B
        Feb 6, 2023 to Mar 28, 2023
      • Related bank · true to false
        Feb 6, 2023 to Mar 28, 2023
      • HQ city · GREENWICH to NEW YORK
        Jul 12, 2022 to Feb 6, 2023
      • HQ state · CT to NY
        Jul 12, 2022 to Feb 6, 2023
      • Accounts · 17 to 20
        Aug 25, 2021 to Mar 30, 2022
      • BD registered reps · 1 to 2
        Aug 25, 2021 to Mar 30, 2022
      • Corporate clients · 1.0 to unset
        Aug 25, 2021 to Mar 30, 2022
      • Pooled vehicle clients · 16 to 19
        Aug 25, 2021 to Mar 30, 2022
      • Assets in custody · $187M to $189M
        Aug 25, 2021 to Mar 30, 2022
      • Employees · 20 to 22
        Aug 25, 2021 to Mar 30, 2022
      • Private funds · 15 to 19
        Aug 25, 2021 to Mar 30, 2022
      • Discretionary RAUM · $5.9B to $7.1B
        Aug 25, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $5.9B to $7.1B
        Aug 25, 2021 to Mar 30, 2022
      • RAUM · $5.9B to $7.1B
        Aug 25, 2021 to Mar 30, 2022
      • Accounts · 13 to 17
        Jan 29, 2021 to Mar 31, 2021
      • Advisory employees · 9 to 10
        Jan 29, 2021 to Mar 31, 2021
      • Corporate clients · unset to 1.0
        Jan 29, 2021 to Mar 31, 2021
      • Pooled vehicle clients · 12 to 16
        Jan 29, 2021 to Mar 31, 2021
      • Assets in custody · $292M to $187M
        Jan 29, 2021 to Mar 31, 2021
      • Employees · 17 to 20
        Jan 29, 2021 to Mar 31, 2021
      • Private funds · 12 to 15
        Jan 29, 2021 to Mar 31, 2021
      • Discretionary RAUM · $4.9B to $5.9B
        Jan 29, 2021 to Mar 31, 2021
      • Pooled vehicle RAUM · $4.8B to $5.9B
        Jan 29, 2021 to Mar 31, 2021
      • RAUM · $4.9B to $5.9B
        Jan 29, 2021 to Mar 31, 2021
      • Related broker-dealer · false to true
        Jan 29, 2021 to Mar 31, 2021
      • Accounts · 11 to 13
        Mar 28, 2019 to Feb 28, 2020
      • Advisory employees · 7 to 9
        Mar 28, 2019 to Feb 28, 2020
      • Pooled vehicle clients · 10 to 12
        Mar 28, 2019 to Feb 28, 2020
      • Assets in custody · $299M to $292M
        Mar 28, 2019 to Feb 28, 2020
      • Employees · 16 to 17
        Mar 28, 2019 to Feb 28, 2020
      • Private funds · 10 to 12
        Mar 28, 2019 to Feb 28, 2020
      • Discretionary RAUM · $4.0B to $4.9B
        Mar 28, 2019 to Feb 28, 2020
      Signals
      16 dated events
      • K Philip Li (Chief Financial And Operating Officer) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2023-07-10, absent 2023-07-27)
        Jul 27, 2023 · Control person left · inference
      • Dawson James Carey (Board Of Managers (Elected Manager)) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-07-12, absent 2023-02-06)
        Feb 6, 2023 · Control person left · inference
      • Robert James Matthews (Board Of Managers (Elected Manager)) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-07-12, absent 2023-02-06)
        Feb 6, 2023 · Control person left · inference
      • Philip Thomas Majewski (Board Of Managers (Elected Manager)) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-07-12, absent 2023-02-06)
        Feb 6, 2023 · Control person left · inference
      • David Nicolas Zerbib (Managing Member) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-07-12, absent 2023-02-06)
        Feb 6, 2023 · Control person left · inference
      • Jay David Wermuth (Managing Member) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-07-12, absent 2023-02-06)
        Feb 6, 2023 · Control person left · inference
      • Arthur Charles Davis (Managing Member) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-07-12, absent 2023-02-06)
        Feb 6, 2023 · Control person left · inference
      • Michael Daniel Spinner (Board Of Managers (Elected Manager)) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-07-12, absent 2023-02-06)
        Feb 6, 2023 · Control person left · inference
      • Jonathan Scott Bronner (Board Of Managers (Elected Manager)) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-07-12, absent 2023-02-06)
        Feb 6, 2023 · Control person left · inference
      • S Nauman Malik (General Counsel) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2022-03-30, absent 2022-07-12)
        Jul 12, 2022 · Control person left · inference
      • Butterworth Edward Smith (Chief Compliance Officer; Counsel) appeared on Schedule A of M••••• P•••• C••••• M••••••••• L••
        May 24, 2021 · Control person joined · fact
      • Scott Brian Zeitlin (Board Of Managers (Elected Manager)) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2021-03-31, absent 2021-05-24)
        May 24, 2021 · Control person left · inference
      • S Nauman Malik (Chief Compliance Officer & General Counsel) appeared on Schedule A of M••••• P•••• C••••• M••••••••• L••
        Mar 31, 2021 · Control person joined · fact
      • Campbell Graham Goldsmith (Board Of Managers (Elected Manager)) no longer on Schedule A of M••••• P•••• C••••• M••••••••• L•• (listed 2020-02-28, absent 2020-10-09)
        Oct 9, 2020 · Control person left · inference
      • Jonathan Scott Bronner (Board Of Managers (Elected Manager)) appeared on Schedule A of M••••• P•••• C••••• M••••••••• L••
        Oct 9, 2020 · Control person joined · fact
      • M••••• P•••• C••••• P••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 2, 2016 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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