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
P••• A••• W••••• A•••••••• L••
Latest filing Mar 13, 2025
First filing on the tape Sep 14, 2016 · 17 filings
SEC status approved since Apr 25, 2018
RAUM
$770M
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
100%
$770M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$770M as of Mar 13, 2025
Mar 17, 2019$172M then
HNW client RAUM$770M as of Mar 13, 2025
Mar 17, 2019$172M then
State-registered IARs (5.B.3)4 as of Mar 13, 2025
Mar 17, 20194 then
Employees (5.A)6 as of Mar 13, 2025
Mar 17, 20194 then
Private funds: no history
RAUM +30% over the last fiscal year+9.8% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 13, 2025; every figure names its basis
- RAUM per advisor
- $193MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.5MderivedHNW RAUM over HNW clients
- Average account
- $1.0MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 80%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +30%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, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $2.8M, 30 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$770M100%
- Individual clients
- n/areported
- HNW clients
- 140reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 758reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $2.8M for 30 clientsreported
- Compensation
- % of AUM, fixedreported
- 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
4 left, 0 joined in 12 months
net -4 in 12 months0 left in 90 days0 joined in 90 days4 left over 36 months
Left, latest
- R••• K•••••• S•••••• to C••••••Feb 10, 2026 · RIA to RIA
- S•••• A••••• T••••• to C••••••Feb 10, 2026 · RIA to RIA
- K•••• M•••••••• J•••••• to C••••••Feb 10, 2026 · RIA to RIA
- N••••• T••••• B•••• to C••••••Feb 10, 2026 · RIA to RIA
Joined, latest
- S•••• A••••• T••••• from C•••••••• C•••••• P••••••• L••Feb 23, 2022 · RIA to RIA
- R••• K•••••• S•••••• from S•••••• F•••••••• G••••• I•••Oct 31, 2016 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- B••••• N•••••• T••••• · Partner And Chief Compliance Officercontrolsince 02/2018 · owns 50% to 75%
- S••••••• R•••• K•••••• · Managing Member / Principalcontrolsince 09/2016 · owns 50% to 75%
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 |
|---|---|---|---|---|---|
| P••• A•••, Ca · principal | 0 | 0 | 4 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 692 to 758Mar 15, 2024 to Mar 13, 2025
- HNW clients · 123 to 140Mar 15, 2024 to Mar 13, 2025
- Assets in custody · $1.3M to $2.8MMar 15, 2024 to Mar 13, 2025
- Employees · 5 to 6Mar 15, 2024 to Mar 13, 2025
- Financial planning clients · 1-10 to 1-10Mar 15, 2024 to Mar 13, 2025
- Discretionary RAUM · $481M to $616MMar 15, 2024 to Mar 13, 2025
- HNW RAUM · $593M to $770MMar 15, 2024 to Mar 13, 2025
- Non-discretionary RAUM · $112M to $154MMar 15, 2024 to Mar 13, 2025
- RAUM · $593M to $770MMar 15, 2024 to Mar 13, 2025
- Accounts · 667 to 692Apr 19, 2023 to Mar 15, 2024
- HNW clients · 122 to 123Apr 19, 2023 to Mar 15, 2024
- Assets in custody · $3.3M to $1.3MApr 19, 2023 to Mar 15, 2024
- Discretionary RAUM · $394M to $481MApr 19, 2023 to Mar 15, 2024
- HNW RAUM · $473M to $593MApr 19, 2023 to Mar 15, 2024
- Non-discretionary RAUM · $79.1M to $112MApr 19, 2023 to Mar 15, 2024
- RAUM · $473M to $593MApr 19, 2023 to Mar 15, 2024
- Accounts · 494 to 667Mar 17, 2022 to Mar 22, 2023
- HNW clients · 116 to 122Mar 17, 2022 to Mar 22, 2023
- Assets in custody · $1.4M to $3.3MMar 17, 2022 to Mar 22, 2023
- Financial planning clients · 0 to 1-10Mar 17, 2022 to Mar 22, 2023
- Discretionary RAUM · $421M to $394MMar 17, 2022 to Mar 22, 2023
- HNW RAUM · $582M to $473MMar 17, 2022 to Mar 22, 2023
- Non-discretionary RAUM · $161M to $79.1MMar 17, 2022 to Mar 22, 2023
- RAUM · $582M to $473MMar 17, 2022 to Mar 22, 2023
- Accounts · 482 to 494Mar 7, 2021 to Mar 17, 2022
- Advisory employees · 3 to 4Mar 7, 2021 to Mar 17, 2022
- HNW clients · 99 to 116Mar 7, 2021 to Mar 17, 2022
- Assets in custody · $1.4M to $1.4MMar 7, 2021 to Mar 17, 2022
- Employees · 4 to 5Mar 7, 2021 to Mar 17, 2022
- Financial planning clients · 1-10 to 0Mar 7, 2021 to Mar 17, 2022
- State-registered IARs · 3 to 4Mar 7, 2021 to Mar 17, 2022
- Discretionary RAUM · $261M to $421MMar 7, 2021 to Mar 17, 2022
- HNW RAUM · $353M to $582MMar 7, 2021 to Mar 17, 2022
- Non-discretionary RAUM · $91.8M to $161MMar 7, 2021 to Mar 17, 2022
- RAUM · $353M to $582MMar 7, 2021 to Mar 17, 2022
- Accounts · 102 to 482Jul 23, 2020 to Mar 7, 2021
- HNW clients · 102 to 99Jul 23, 2020 to Mar 7, 2021
- Assets in custody · $1.3M to $1.4MJul 23, 2020 to Mar 7, 2021
- Discretionary RAUM · $195M to $261MJul 23, 2020 to Mar 7, 2021
- HNW RAUM · $263M to $353MJul 23, 2020 to Mar 7, 2021
Signals
10 dated events
- P••• A••• W••••• A•••••••• L•• no longer on the SEC adviser roster (last listed 2026-02-02, RAUM $770.4M)Mar 2, 2026 · Left the SEC roster · derived
- N••••• T••••• B•••• left P••• A••• W••••• A•••••••• L•• for C•••••• (registered 2026-01-21)Feb 10, 2026 · Advisor changed firm · fact
- R••• K•••••• S•••••• left P••• A••• W••••• A•••••••• L•• for C•••••• (registered 2026-01-16)Feb 10, 2026 · Advisor changed firm · fact
- K•••• M•••••••• J•••••• left P••• A••• W••••• A•••••••• L•• for C•••••• (registered 2026-01-20)Feb 10, 2026 · Advisor changed firm · fact
- S•••• A••••• T••••• left P••• A••• W••••• A•••••••• L•• for C•••••• (registered 2026-01-20)Feb 10, 2026 · Advisor changed firm · fact
- P••• A••• W••••• A•••••••• L••'s advisors moved to C•••••• (P••• A•••, CA): 4 of 4 registered, on the same dayFeb 10, 2026 · Firm absorbed (people side) · derived
- P••• A••• W••••• A•••••••• L•• reported RAUM $770.4M, up 30% from $592.9M (2024-03-15 to 2025-03-13)Mar 13, 2025 · RAUM change · derived
- P••• A••• W••••• A•••••••• L•• reported RAUM $592.9M, up 25% from $472.7M (2023-04-19 to 2024-03-15)Mar 15, 2024 · RAUM change · derived
- P••• A••• W••••• A•••••••• L•• reported RAUM $581.6M, up 65% from $353.0M (2021-03-07 to 2022-03-17)Mar 17, 2022 · RAUM change · derived
- P••• A••• W••••• A•••••••• L•• filed its initial SEC registration (Form ADV)Sep 14, 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