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

O••••• M•••••• S••••••• L••

Former SEC-registered adviserHouston, TexasCRD 285938SEC 801-108816websiteIAPD
Latest filing May 1, 2025
First filing on the tape Dec 7, 2016 · 43 filings
SEC status approved since Jan 3, 2017
RAUM
$462M
reported, Item 5.F
Discretionary
94%
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
18
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$462M as of May 1, 2025
Mar 27, 2017$58.7M then
HNW client RAUM$0 as of May 1, 2025
Feb 2, 2018$0 then
State-registered IARs (5.B.3)0 as of May 1, 2025
Mar 27, 20170 then
Employees (5.A)18 as of May 1, 2025
Mar 27, 201718 then
Private funds4 as of May 1, 2025
Mar 27, 20175 then
RAUM -19% over the last fiscal year+9.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 1, 2025; 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
$76.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
94%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
+16%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-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$417M, 5 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$441M96%
  • Corporations and businesses$18.7M4.1%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
6reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$417M for 5 clientsreported
Compensation
% of AUM, fixed, 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
      10 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      O••••• M•••••• F••• V• ••• L•Private Equity Fund$372M52Nov 2, 2021
      O••••• M•••••• F••• I• L•Private Equity Fund$54.0M23Apr 30, 2019
      O••••• M•••••• P••••••• N•• 1• L••no longer reportedPrivate Equity Fund$18.4M21Dec 7, 2016
      A•••••• M•••••• R••••••••• L••Private Equity Fund$13.9M9Jan 3, 2023
      O••••• M•••••• F••• V• L•Private Equity Fund$6.9M6Dec 7, 2016
      A•• C••••••••• L••Private Equity Fund$5.7M42Jan 3, 2023
      O••••• M•••••• N•• L••no longer reportedPrivate Equity Fund$3.3M33Dec 7, 2016
      O•• T••••••••• F••• I• L••no longer reportedPrivate Equity Fund$886,4284Nov 2, 2021
      O••••• M•••••• N•• L••no longer reportedPrivate Equity Fund$016Dec 7, 2016
      O••••• M•••••• N•• L••no longer reportedPrivate Equity Fund$032Dec 7, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••• L•••••• M••••• · Ceocontrol
        since 01/2016 · owns less than 5%
      • G••••••••• S•••••• J••• · Ccocontrol
        since 05/2022 · owns less than 5%
      • J•••••••• N•••••• E••••• · Chief Accounting Officercontrol
        since 07/2021 · owns less than 5%
      • C•••••• L•••••• M••••• · Membercontrol
        since 01/2009 · owns 25% to 50% of T•• I••••••••• C••••••
      • C•••••••• A•••••• M•••• · Managing Membercontrol
        since 01/2016 · owns 75% or more of A••••• R•••••••• L••
      • C•••••••• A•••••• M•••• · Trusteecontrol
        since 03/2024 · owns F of A•• M••••••••• T••••
      • C•••••••• A•••••• M•••• · Managing Membercontrol
        since 01/2016 · owns 75% or more of A• H•••••••• L••
      • R•••••• S••••• D•••• · Membercontrol
        since 01/2009 · owns 50% to 75% of T•• I••••••••• C••••••
      • S•••• D••••• H•••• · Owner
        since 03/2022 · owns 5% to 10%
      • R•••• J•••••• P••• · Trustee
        since 03/2024 · owns F of C••••••• F••••• 2••• T•••• A••••••••
      Entity owners
      • A••••• H•••••••• L•• · Owner
        direct · owns 50% to 75%
      • A• H•••••••• L•• · Member
        indirect · owns 25% to 50% of A••••• H•••••••• L••
      • A•• M••••••••• T•••• · Owner
        indirect · owns 25% to 50% of A• H•••••••• L••
      • A••••• R•••••••• L•• · Member
        indirect · owns 25% to 50% of A••••• H•••••••• L••
      • C••••••• F••••• 2••• T•••• A•••••••• · Owner
        indirect · owns 25% to 50% of A• H•••••••• L••
      • C•• L•••••• • L•••••••• C•••••• · Direct Owner
        direct · owns 10% to 25%
      • T•• I••••••••• C•••••• · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • O••••• M•••••• F••• G• I• L••
        pooled vehicle sponsory
      • O••••• M•••••• G• V• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory activities · 1 to 2
        May 6, 2024 to May 1, 2025
      • Corporate clients · 0 to 1
        May 6, 2024 to May 1, 2025
      • Pooled vehicle clients · 6 to 4
        May 6, 2024 to May 1, 2025
      • Assets in custody · $447M to $417M
        May 6, 2024 to May 1, 2025
      • Employees · 24 to 18
        May 6, 2024 to May 1, 2025
      • Financial planning clients · 0 to 0
        May 6, 2024 to May 1, 2025
      • Private funds · 5 to 4
        May 6, 2024 to May 1, 2025
      • Discretionary RAUM · $447M to $436M
        May 6, 2024 to May 1, 2025
      • Non-discretionary RAUM · $212M to $25.8M
        May 6, 2024 to May 1, 2025
      • Pooled vehicle RAUM · $659M to $441M
        May 6, 2024 to May 1, 2025
      • RAUM · $659M to $462M
        May 6, 2024 to May 1, 2025
      • Advisory employees · 4 to 6
        Aug 15, 2023 to Mar 26, 2024
      • Assets in custody · $390M to $447M
        Aug 15, 2023 to Mar 26, 2024
      • Employees · 23 to 24
        Aug 15, 2023 to Mar 26, 2024
      • Discretionary RAUM · $390M to $447M
        Aug 15, 2023 to Mar 26, 2024
      • Non-discretionary RAUM · $178M to $212M
        Aug 15, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $567M to $659M
        Aug 15, 2023 to Mar 26, 2024
      • RAUM · $567M to $659M
        Aug 15, 2023 to Mar 26, 2024
      • Accounts · 7 to 6
        Jan 9, 2023 to Mar 29, 2023
      • Advisory employees · 7 to 4
        Jan 9, 2023 to Mar 29, 2023
      • Advisory activities · 2 to 1
        Jan 9, 2023 to Mar 29, 2023
      • Pooled vehicle clients · 7 to 6
        Jan 9, 2023 to Mar 29, 2023
      • Assets in custody · $494M to $390M
        Jan 9, 2023 to Mar 29, 2023
      • Employees · 18 to 23
        Jan 9, 2023 to Mar 29, 2023
      • State-registered IARs · 2 to 0
        Jan 9, 2023 to Mar 29, 2023
      • Private funds · 8 to 5
        Jan 9, 2023 to Mar 29, 2023
      • Discretionary RAUM · $342M to $390M
        Jan 9, 2023 to Mar 29, 2023
      • Non-discretionary RAUM · $143M to $178M
        Jan 9, 2023 to Mar 29, 2023
      • Pooled vehicle RAUM · $485M to $567M
        Jan 9, 2023 to Mar 29, 2023
      • RAUM · $485M to $567M
        Jan 9, 2023 to Mar 29, 2023
      • Related adviser · false to true
        Jan 9, 2023 to Mar 29, 2023
      • Assets in custody · unset to 493970224.0
        Jun 7, 2022 to Jan 3, 2023
      • Custody of client assets · false to true
        Jun 7, 2022 to Jan 3, 2023
      • Private funds · 6 to 8
        Jun 7, 2022 to Jan 3, 2023
      • Advisory employees · 8 to 7
        Nov 2, 2021 to Mar 30, 2022
      • Employees · 19 to 18
        Nov 2, 2021 to Mar 30, 2022
      • State-registered IARs · 3 to 2
        Nov 2, 2021 to Mar 30, 2022
      • Discretionary RAUM · $331M to $342M
        Nov 2, 2021 to Mar 30, 2022
      • Non-discretionary RAUM · $113M to $143M
        Nov 2, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $444M to $485M
        Nov 2, 2021 to Mar 30, 2022
      Signals
      10 dated events
      • O••••• M•••••• S••••••• L•• no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $461.7M)
        Apr 1, 2026 · Left the SEC roster · derived
      • O••••• M•••••• S••••••• L•• reported RAUM $461.7M, down 30% from $658.8M (2024-05-06 to 2025-05-01)
        May 1, 2025 · RAUM change · derived
      • M Kevin Hays (Chief Financial Officer) no longer on Schedule A of O••••• M•••••• S••••••• L•• (listed 2024-03-26, absent 2024-05-06)
        May 6, 2024 · Control person left · inference
      • Eugene Nathan Johnston (Chief Accounting Officer) appeared on Schedule A of O••••• M•••••• S••••••• L••
        May 6, 2024 · Control person joined · fact
      • M Kevin Hays (Chief Financial Officer) appeared on Schedule A of O••••• M•••••• S••••••• L••
        Mar 29, 2023 · Control person joined · fact
      • Jean Stacey Gillespie (Cco) appeared on Schedule A of O••••• M•••••• S••••••• L••
        Jun 7, 2022 · Control person joined · fact
      • Scott Jeffrey Cannizzaro (Chief Compliance Officer) no longer on Schedule A of O••••• M•••••• S••••••• L•• (listed 2020-08-26, absent 2020-09-08)
        Sep 8, 2020 · Control person left · inference
      • O••••• M•••••• S••••••• L•• reported RAUM $490.2M, up 63% from $300.7M (2019-02-25 to 2019-03-26)
        Mar 26, 2019 · RAUM change · derived
      • O••••• M•••••• S••••••• L•• reported RAUM $300.7M, up 109% from $143.7M (2018-10-25 to 2019-02-25)
        Feb 25, 2019 · RAUM change · derived
      • O••••• M•••••• S••••••• L•• filed its initial SEC registration (Form ADV)
        Dec 7, 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