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

C•••• S••••• A•••• M••••••••• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 285814SEC 801-114121websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Sep 12, 2018 · 13 filings
SEC status approved since Oct 11, 2018
RAUM
$938M
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
11
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$938M as of Mar 19, 2026
Mar 15, 2019$156M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 19, 2026
Mar 15, 20190 then
Employees (5.A)11 as of Mar 19, 2026
Mar 15, 20198 then
Private funds3 as of Mar 19, 2026
Mar 15, 20192 then
RAUM +61% over the last fiscal year+33% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 19, 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
$117MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
39%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
+61%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 assetsreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$339M, 3 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$339M36%
  • Sovereign wealth funds$305M33%
  • Investment companies$179M19%
  • Charitable organizations$62.2M6.6%
  • Other investment advisers$53.1M5.7%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
8reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$339M for 3 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.61 institutional_share=0.39 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
      2 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••••• J•••••••• P••• · Managing Membercontrol
        since 03/2020 · owns 50% to 75%
      • M••••••••• J•••••• H•••••• · Chief Compliance Officercontrol
        since 04/2018 · owns less than 5%
      • P•••••• S•••••• H••• · Chief Operating Officercontrol
        since 10/2021 · owns less than 5%
      • M••••• W•••••••• A•••••• · Managing Member
        since 03/2020 · owns 10% to 25%
      Entity owners
      • M•••• J• L•••••• P••••••••• · Member
        direct · owns 10% to 25%
      • C•••• F••••• T•••• · L•••••• Partner
        indirect · owns 25% to 50% of M•••• J• T••••
      • M•••• J• T•••• · General Partner
        indirect · owns F of M•••• J• L•••••• P•••••••••
      • T••••• F••••• T•••• · L•••••• Partner
        indirect · owns 25% to 50% of M•••• J• T••••
      • W••••••••• F••••• T•••• · L•••••• Partner
        indirect · owns 25% to 50% of M•••• J• T••••
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • high institutional concentrationStatic outlier · filing Mar 19, 2026
        institutional share of RAUM of 39% against a peer median of 0% (784 comparable advisers, 100.0th percentile, 13.2 robust deviations)
        peers: asset managers, $500M to $1B (784) · 100% percentile
      • institutional asset share shiftChange between filings · filing Mar 19, 2026
        institutional share of RAUM moved from 17.0% to 45.0% between the annual amendments of 2025-03-25 and 2026-03-19
        peers: asset managers, $500M to $1B (784)
      What changed
      consecutive filings, newest first
      • Assets in custody · $284M to $339M
        Mar 25, 2025 to Mar 19, 2026
      • Discretionary RAUM · $583M to $938M
        Mar 25, 2025 to Mar 19, 2026
      • Pooled vehicle RAUM · $284M to $339M
        Mar 25, 2025 to Mar 19, 2026
      • RAUM · $583M to $938M
        Mar 25, 2025 to Mar 19, 2026
      • Accounts · 6 to 8
        Mar 18, 2024 to Mar 25, 2025
      • Pooled vehicle clients · 2 to 3
        Mar 18, 2024 to Mar 25, 2025
      • Assets in custody · $253M to $284M
        Mar 18, 2024 to Mar 25, 2025
      • Financial planning clients · unset to
        Mar 18, 2024 to Mar 25, 2025
      • Private funds · 2 to 3
        Mar 18, 2024 to Mar 25, 2025
      • Discretionary RAUM · $633M to $583M
        Mar 18, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $253M to $284M
        Mar 18, 2024 to Mar 25, 2025
      • RAUM · $633M to $583M
        Mar 18, 2024 to Mar 25, 2025
      • Accounts · 5 to 6
        Mar 27, 2023 to Mar 18, 2024
      • Assets in custody · $213M to $253M
        Mar 27, 2023 to Mar 18, 2024
      • Discretionary RAUM · $400M to $633M
        Mar 27, 2023 to Mar 18, 2024
      • Pooled vehicle RAUM · $213M to $253M
        Mar 27, 2023 to Mar 18, 2024
      • RAUM · $400M to $633M
        Mar 27, 2023 to Mar 18, 2024
      • Accounts · 3 to 5
        Mar 18, 2022 to Mar 27, 2023
      • Advisory activities · 2 to 3
        Mar 18, 2022 to Mar 27, 2023
      • Assets in custody · $222M to $213M
        Mar 18, 2022 to Mar 27, 2023
      • Employees · 10 to 11
        Mar 18, 2022 to Mar 27, 2023
      • Discretionary RAUM · $284M to $400M
        Mar 18, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $222M to $213M
        Mar 18, 2022 to Mar 27, 2023
      • RAUM · $284M to $400M
        Mar 18, 2022 to Mar 27, 2023
      • Related adviser · true to false
        Mar 18, 2022 to Mar 27, 2023
      • Assets in custody · $200M to $222M
        Mar 17, 2021 to Mar 18, 2022
      • Discretionary RAUM · $239M to $284M
        Mar 17, 2021 to Mar 18, 2022
      • Pooled vehicle RAUM · $200M to $222M
        Mar 17, 2021 to Mar 18, 2022
      • RAUM · $239M to $284M
        Mar 17, 2021 to Mar 18, 2022
      • Accounts · 4 to 3
        Dec 11, 2020 to Mar 17, 2021
      • Pooled vehicle clients · 3 to 2
        Dec 11, 2020 to Mar 17, 2021
      • Assets in custody · $196M to $200M
        Dec 11, 2020 to Mar 17, 2021
      • Employees · 8 to 10
        Dec 11, 2020 to Mar 17, 2021
      • Discretionary RAUM · $267M to $239M
        Dec 11, 2020 to Mar 17, 2021
      • Pooled vehicle RAUM · $225M to $200M
        Dec 11, 2020 to Mar 17, 2021
      • RAUM · $267M to $239M
        Dec 11, 2020 to Mar 17, 2021
      • Related adviser · false to true
        Jun 5, 2020 to Dec 11, 2020
      • Accounts · 3 to 4
        Apr 29, 2019 to Mar 27, 2020
      • Advisory activities · 1 to 2
        Apr 29, 2019 to Mar 27, 2020
      • Assets in custody · $139M to $196M
        Apr 29, 2019 to Mar 27, 2020
      Signals
      6 dated events
      • C•••• S••••• A•••• M••••••••• L•• reported RAUM $938.4M, up 61% from $583.2M (2025-03-25 to 2026-03-19)
        Mar 19, 2026 · RAUM change · derived
      • C•••• S••••• A•••• M••••••••• L•• reported RAUM $632.8M, up 58% from $399.6M (2023-03-27 to 2024-03-18)
        Mar 18, 2024 · RAUM change · derived
      • C•••• S••••• A•••• M••••••••• L•• reported RAUM $399.6M, up 41% from $283.8M (2022-03-18 to 2023-03-27)
        Mar 27, 2023 · RAUM change · derived
      • H••• S••••• P••••• (Chief Operating Officer) appeared on Schedule A of C•••• S••••• A•••• M••••••••• L••
        Mar 18, 2022 · Control person joined · fact
      • C•••• S••••• A•••• M••••••••• L•• reported RAUM $266.9M, up 66% from $161.0M (2019-04-29 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      • C•••• S••••• A•••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Sep 12, 2018 · 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/C••••-S•••••-ASSET-MANAGEMENT-LLCreportedpublic record, Form ADV, Sep 18, 2026
      Website
      C••••S•••••AM.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-796-3130reportedpublic record, Form ADV, Mar 19, 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