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

T••• P•••• C••••••• L••

Independent wealth managerOak Brook, IllinoisCRD 286089SEC 801-114900websiteIAPD
Latest filing May 5, 2026
First filing on the tape Feb 26, 2019 · 18 filings
SEC status approved since Mar 26, 2019
RAUM
$25.0M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$25.0M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$25.0M
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$25.0M as of May 5, 2026
Mar 9, 2020$4.2M then
HNW client RAUM$11.6M as of May 5, 2026
Mar 9, 2020$2.7M then
State-registered IARs (5.B.3)1 as of May 5, 2026
Mar 9, 20201 then
Employees (5.A)2 as of May 5, 2026
Mar 9, 20202 then
Private funds: no history
RAUM -17% over the last fiscal year+10.0% a year over threeIARs 1 to 1
Practice profile
derived from the filing of May 5, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$25.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
63derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$830,659derivedHNW RAUM over HNW clients
Average account
$249,949derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.1%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Wrap fee program
$25.0MreportedItem 5.I
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$13.4M53%
  • High-net-worth individuals$11.6M47%
Individual clients
49reported
HNW clients
14reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
100reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=1.0 fund_share=0.0 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
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • P••••• C••••••••• M•••••• · Managing Member And Chief Compliance Officercontrol
        since 11/2016 · owns 75% or more
      Related persons
      Schedule D 7.A
      Advisers that list T••• P•••• C••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • BD registered reps · 1 to 0
        Feb 23, 2026 to May 5, 2026
      • Accounts · 101 to 100
        Sep 23, 2025 to Feb 23, 2026
      • HNW clients · 24 to 14
        Sep 23, 2025 to Feb 23, 2026
      • Individual clients · 41 to 49
        Sep 23, 2025 to Feb 23, 2026
      • Discretionary RAUM · $30.0M to $25.0M
        Sep 23, 2025 to Feb 23, 2026
      • HNW RAUM · $20.2M to $11.6M
        Sep 23, 2025 to Feb 23, 2026
      • Individual RAUM · $9.9M to $13.4M
        Sep 23, 2025 to Feb 23, 2026
      • RAUM · $30.0M to $25.0M
        Sep 23, 2025 to Feb 23, 2026
      • Accounts · 73 to 101
        May 28, 2024 to Mar 14, 2025
      • HNW clients · 26 to 24
        May 28, 2024 to Mar 14, 2025
      • Individual clients · 24 to 41
        May 28, 2024 to Mar 14, 2025
      • Financial planning clients · unset to
        May 28, 2024 to Mar 14, 2025
      • Discretionary RAUM · $17.4M to $30.0M
        May 28, 2024 to Mar 14, 2025
      • HNW RAUM · $13.2M to $20.2M
        May 28, 2024 to Mar 14, 2025
      • Individual RAUM · $4.3M to $9.9M
        May 28, 2024 to Mar 14, 2025
      • RAUM · $17.4M to $30.0M
        May 28, 2024 to Mar 14, 2025
      • Accounts · 65 to 73
        Apr 28, 2023 to Feb 29, 2024
      • Charity clients · unset to 0.0
        Apr 28, 2023 to Feb 29, 2024
      • Corporate clients · unset to 0.0
        Apr 28, 2023 to Feb 29, 2024
      • HNW clients · 21 to 26
        Apr 28, 2023 to Feb 29, 2024
      • Individual clients · 23 to 24
        Apr 28, 2023 to Feb 29, 2024
      • Pension plan clients · unset to 0.0
        Apr 28, 2023 to Feb 29, 2024
      • Pooled vehicle clients · unset to 0.0
        Apr 28, 2023 to Feb 29, 2024
      • Discretionary RAUM · $18.8M to $17.4M
        Apr 28, 2023 to Feb 29, 2024
      • HNW RAUM · $14.9M to $13.2M
        Apr 28, 2023 to Feb 29, 2024
      • Individual RAUM · $3.9M to $4.3M
        Apr 28, 2023 to Feb 29, 2024
      • Pension RAUM · unset to 0.0
        Apr 28, 2023 to Feb 29, 2024
      • Pooled vehicle RAUM · unset to 0.0
        Apr 28, 2023 to Feb 29, 2024
      • RAUM · $18.8M to $17.4M
        Apr 28, 2023 to Feb 29, 2024
      • Wrap assets (manager) · $18.8M to $0
        Apr 28, 2023 to Feb 29, 2024
      • Accounts · 59 to 65
        Jun 1, 2022 to Mar 3, 2023
      • Advisory activities · 2 to 1
        Jun 1, 2022 to Mar 3, 2023
      • HNW clients · 18 to 21
        Jun 1, 2022 to Mar 3, 2023
      • Individual clients · 22 to 23
        Jun 1, 2022 to Mar 3, 2023
      • Financial planning clients · 26-50 to unset
        Jun 1, 2022 to Mar 3, 2023
      • Discretionary RAUM · $19.5M to $18.8M
        Jun 1, 2022 to Mar 3, 2023
      • HNW RAUM · $15.3M to $14.9M
        Jun 1, 2022 to Mar 3, 2023
      • Individual RAUM · $4.2M to $3.9M
        Jun 1, 2022 to Mar 3, 2023
      • RAUM · $19.5M to $18.8M
        Jun 1, 2022 to Mar 3, 2023
      • Wrap assets (manager) · $0 to $18.8M
        Jun 1, 2022 to Mar 3, 2023
      Signals
      1 dated events
      • T••• P•••• C••••••• L•• filed its initial SEC registration (Form ADV)
        Feb 26, 2019 · 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.
      How to reach
      public business contact points only, each with its source
      Website
      tallpinescap.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      (630) 564-1348reportedpublic record, Form ADV, May 5, 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
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $25.0Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026