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

A••••• E••••• M••••••••• L••

Other adviserMclean, VirginiaCRD 286360SEC 801-121682websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jun 3, 2021 · 8 filings
SEC status approved since Jul 2, 2021
RAUM
$851M
reported, Item 5.F
Discretionary
61%
of RAUM
Private clients
13%
$109M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
0 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
4
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$851M as of Mar 31, 2026
Mar 31, 2022$150M then
HNW client RAUM$108M as of Mar 31, 2026
Mar 31, 2022$12.0M then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 31, 20220 then
Employees (5.A)10 as of Mar 31, 2026
Mar 31, 20227 then
Private funds4 as of Mar 31, 2026
Mar 31, 20223 then
RAUM +46% over the last fiscal year+65% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$26.9MderivedHNW RAUM over HNW clients
Average account
$56.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
61%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
+46%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, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$408M79%
  • High-net-worth individuals$108M21%
  • Individuals$1.5M0.3%
Individual clients
2reported
HNW clients
4reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
15reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.13 fund_share=0.48 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
      5 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • G•••• S•••••• A•••••••• H• · Managing Director, Portfolio Manager & Ccocontrol
        since 11/2016 · owns 75% or more
      Related persons
      Schedule D 7.A
      • A••••• E••••• M••••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Mclean, VA1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • employee count dropChange between filings · filing Mar 31, 2026
        employees (Item 5.A) moved from 15.0 to 10.0 (-33.0%) between the annual amendments of 2025-04-09 and 2026-03-31; the peer median change was -6.0% (27 comparable advisers, 8.0th percentile of changes)
        peers: other advisers, $500M to $1B (27) · 7.7% percentile
      • institutional asset share shiftChange between filings · filing Mar 31, 2026
        institutional share of RAUM moved from 68.0% to 0.0% between the annual amendments of 2025-04-09 and 2026-03-31
        peers: other advisers, $500M to $1B (95)
      What changed
      consecutive filings, newest first
      • Accounts · 17 to 15
        Apr 9, 2025 to Mar 31, 2026
      • Advisory employees · 1 to 0
        Apr 9, 2025 to Mar 31, 2026
      • Corporate clients · 3.0 to unset
        Apr 9, 2025 to Mar 31, 2026
      • HNW clients · 6 to 4
        Apr 9, 2025 to Mar 31, 2026
      • Individual clients · unset to 2.0
        Apr 9, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 6.0 to unset
        Apr 9, 2025 to Mar 31, 2026
      • Employees · 15 to 10
        Apr 9, 2025 to Mar 31, 2026
      • HQ city · MONTERREY, NL to MCLEAN
        Apr 9, 2025 to Mar 31, 2026
      • HQ state · to VA
        Apr 9, 2025 to Mar 31, 2026
      • Discretionary RAUM · $383M to $517M
        Apr 9, 2025 to Mar 31, 2026
      • HNW RAUM · $101M to $108M
        Apr 9, 2025 to Mar 31, 2026
      • Individual RAUM · unset to 1466297.0
        Apr 9, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $200M to $334M
        Apr 9, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · 82720000.0 to unset
        Apr 9, 2025 to Mar 31, 2026
      • RAUM · $583M to $851M
        Apr 9, 2025 to Mar 31, 2026
      • Accounts · 14 to 17
        Apr 1, 2024 to Apr 9, 2025
      • Corporate clients · unset to 3.0
        Apr 1, 2024 to Apr 9, 2025
      • HNW clients · 4 to 6
        Apr 1, 2024 to Apr 9, 2025
      • Pooled vehicle clients · 4 to 6
        Apr 1, 2024 to Apr 9, 2025
      • Financial planning clients · unset to
        Apr 1, 2024 to Apr 9, 2025
      • HQ state · unset to
        Apr 1, 2024 to Apr 9, 2025
      • Private funds · 3 to 4
        Apr 1, 2024 to Apr 9, 2025
      • Discretionary RAUM · $290M to $383M
        Apr 1, 2024 to Apr 9, 2025
      • HNW RAUM · $40.0M to $101M
        Apr 1, 2024 to Apr 9, 2025
      • Non-discretionary RAUM · $0 to $200M
        Apr 1, 2024 to Apr 9, 2025
      • Pooled vehicle RAUM · $70.0M to $82.7M
        Apr 1, 2024 to Apr 9, 2025
      • RAUM · $290M to $583M
        Apr 1, 2024 to Apr 9, 2025
      • Accounts · 15 to 14
        Apr 19, 2023 to Apr 1, 2024
      • Advisory employees · 9 to 1
        Apr 19, 2023 to Apr 1, 2024
      • HNW clients · 10 to 4
        Apr 19, 2023 to Apr 1, 2024
      • Employees · 9 to 15
        Apr 19, 2023 to Apr 1, 2024
      • Discretionary RAUM · $188M to $290M
        Apr 19, 2023 to Apr 1, 2024
      • HNW RAUM · $53.9M to $40.0M
        Apr 19, 2023 to Apr 1, 2024
      • Pooled vehicle RAUM · $58.6M to $70.0M
        Apr 19, 2023 to Apr 1, 2024
      • RAUM · $188M to $290M
        Apr 19, 2023 to Apr 1, 2024
      • Accounts · 12 to 15
        Mar 31, 2022 to Apr 3, 2023
      • Advisory employees · 7 to 9
        Mar 31, 2022 to Apr 3, 2023
      • HNW clients · 5 to 10
        Mar 31, 2022 to Apr 3, 2023
      • Individual clients · 1.0 to unset
        Mar 31, 2022 to Apr 3, 2023
      • Pension plan clients · 2.0 to unset
        Mar 31, 2022 to Apr 3, 2023
      Signals
      4 dated events
      • A••••• E••••• M••••••••• L•• reported RAUM $851.1M, up 46% from $582.9M (2025-04-09 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • A••••• E••••• M••••••••• L•• reported RAUM $582.9M, up 101% from $290.0M (2024-04-01 to 2025-04-09)
        Apr 9, 2025 · RAUM change · derived
      • A••••• E••••• M••••••••• L•• reported RAUM $290.0M, up 54% from $188.2M (2023-04-19 to 2024-04-01)
        Apr 1, 2024 · RAUM change · derived
      • A••••• E••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 3, 2021 · 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
      Firm profile
      linkedin.com/company/aztlan-equity-management-llc/?viewAsMemreportedpublic record, Form ADV, Sep 19, 2026
      Website
      Aztlanetfs.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      01-703-47-8020reportedpublic record, Form ADV, Mar 31, 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
      Other 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