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

N•••••• G••••• P•••••••• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 285024SEC 801-124797websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 29, 2022 · 5 filings
SEC status approved since Apr 29, 2022
RAUM
$294M
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
15
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
8
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$294M as of Mar 30, 2026
Mar 26, 2023$165M then
HNW client RAUM$0 as of Mar 30, 2026
Mar 26, 2023$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 26, 20230 then
Employees (5.A)15 as of Mar 30, 2026
Mar 26, 20239 then
Private funds8 as of Mar 30, 2026
Mar 26, 20234 then
RAUM -32% over the last fiscal year+21% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$36.7MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-32%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, fixed fees, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$294M, 8 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)
  • 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$294M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
8reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$294M for 8 clientsreported
Compensation
% of AUM, fixed, 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
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
      4 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • O•••••••• B•••• · Managing Membercontrol
        since 06/2016 · owns 75% or more
      • H••••••• R••••••• M••••• · Chief Compliance Officer And Chief Financial Officer
        since 12/2017 · owns less than 5%
      Related persons
      Schedule D 7.A
      • N•••••• G••••• P••••••• F••• I• G•• L•
        pooled vehicle sponsory
      • N•••••• G••••• P••••••• F••• I• U••• L••
        pooled vehicle sponsory
      • N•••••• G••••• P••••••• G•• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • Nashville, TN2 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM down 25 %Change between filings · filing Mar 30, 2026
        RAUM (Item 5.F) moved from $433,352,655 to $293,707,610 (-32.0%) between the annual amendments of 2025-03-26 and 2026-03-30; the peer median change was +4.0% (1147 comparable advisers, 8.0th percentile of changes)
        peers: asset managers, $100M to $500M (1,147) · 7.9% percentile
      What changed
      consecutive filings, newest first
      • Assets in custody · $433M to $294M
        Mar 26, 2025 to Mar 30, 2026
      • Discretionary RAUM · $433M to $294M
        Mar 26, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $433M to $294M
        Mar 26, 2025 to Mar 30, 2026
      • RAUM · $433M to $294M
        Mar 26, 2025 to Mar 30, 2026
      • Accounts · 4 to 8
        Mar 27, 2024 to Mar 26, 2025
      • Advisory employees · 4 to 5
        Mar 27, 2024 to Mar 26, 2025
      • Pooled vehicle clients · 4 to 8
        Mar 27, 2024 to Mar 26, 2025
      • Assets in custody · $235M to $433M
        Mar 27, 2024 to Mar 26, 2025
      • Employees · 11 to 15
        Mar 27, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 26, 2025
      • Private funds · 4 to 8
        Mar 27, 2024 to Mar 26, 2025
      • Discretionary RAUM · $235M to $433M
        Mar 27, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $235M to $433M
        Mar 27, 2024 to Mar 26, 2025
      • RAUM · $235M to $433M
        Mar 27, 2024 to Mar 26, 2025
      • Assets in custody · $165M to $235M
        Mar 26, 2023 to Mar 27, 2024
      • Employees · 9 to 11
        Mar 26, 2023 to Mar 27, 2024
      • Other offices · 0 to 1
        Mar 26, 2023 to Mar 27, 2024
      • Discretionary RAUM · $165M to $235M
        Mar 26, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $165M to $235M
        Mar 26, 2023 to Mar 27, 2024
      • RAUM · $165M to $235M
        Mar 26, 2023 to Mar 27, 2024
      • Advisory employees · 5 to 4
        Mar 29, 2022 to Mar 26, 2023
      • Assets in custody · $174M to $165M
        Mar 29, 2022 to Mar 26, 2023
      • Employees · 8 to 9
        Mar 29, 2022 to Mar 26, 2023
      • Private funds · 8 to 4
        Mar 29, 2022 to Mar 26, 2023
      • Discretionary RAUM · $174M to $165M
        Mar 29, 2022 to Mar 26, 2023
      • Pooled vehicle RAUM · $174M to $165M
        Mar 29, 2022 to Mar 26, 2023
      • RAUM · $174M to $165M
        Mar 29, 2022 to Mar 26, 2023
      Signals
      3 dated events
      • N•••••• G••••• P•••••••• L•• reported RAUM $293.7M, down 32% from $433.4M (2025-03-26 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • N•••••• G••••• P•••••••• L•• reported RAUM $433.4M, up 85% from $234.7M (2024-03-27 to 2025-03-26)
        Mar 26, 2025 · RAUM change · derived
      • N•••••• G••••• P•••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 29, 2022 · 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
      linkedin.com/company/nextgen-growth-partnersreportedpublic record, Form ADV, Sep 19, 2026
      Website
      N••••••GP.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      (312) 882-8998reportedpublic record, Form ADV, Mar 30, 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