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

M•••••• R•••• C•••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 286411SEC 801-128495websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Jun 30, 2023 · 5 filings
SEC status approved since Jul 31, 2023
RAUM
$1.3B
reported, Item 5.F
Discretionary
56%
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
14
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$1.3B as of Mar 27, 2026
Mar 27, 2024$1.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 27, 20240 then
Employees (5.A)14 as of Mar 27, 2026
Mar 27, 202411 then
Private funds5 as of Mar 27, 2026
Mar 27, 20242 then
RAUM +42% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 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
$126MderivedRAUM over accounts (5.F.2.f)
Discretionary
56%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
+42%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 businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$448M, 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
  • 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)
  • 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$953M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
10reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$448M for 5 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.75 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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      F•••••• A••••••••• L•Private Equity Fund$835M20Mar 30, 2022
      M•••••• R•••• C•••••• I••• L•••Private Equity Fund$174M26Mar 22, 2023
      M•••••• R•••• C•••••• I••• L•••Private Equity Fund$2.5M1Mar 22, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • I••••• D•••• · Senior Managing Partner, Chief Financial Officer And Chief Compliance Officercontrol
        since 02/2022 · owns less than 5%
      • W••••••• D••••• M••••• · Managing Partner And Presidentcontrol
        since 02/2016 · owns 75% or more
      Related persons
      Schedule D 7.A
      • M•••••• R•••• C•••••• I• G•• L••
        investment adviserpooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • private fund count surgeChange between filings · filing Mar 27, 2026
        private funds (Schedule D 7.B.1) moved from 2.0 to 5.0 (+150.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was 0.0% (1022 comparable advisers, 99.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,022) · 99% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 10
        Mar 31, 2025 to Mar 27, 2026
      • Advisory employees · 7 to 8
        Mar 31, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 5 to 8
        Mar 31, 2025 to Mar 27, 2026
      • Assets in custody · $103M to $448M
        Mar 31, 2025 to Mar 27, 2026
      • Employees · 13 to 14
        Mar 31, 2025 to Mar 27, 2026
      • Private funds · 2 to 5
        Mar 31, 2025 to Mar 27, 2026
      • Discretionary RAUM · $377M to $708M
        Mar 31, 2025 to Mar 27, 2026
      • Non-discretionary RAUM · $512M to $557M
        Mar 31, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $583M to $953M
        Mar 31, 2025 to Mar 27, 2026
      • RAUM · $889M to $1.3B
        Mar 31, 2025 to Mar 27, 2026
      • Related adviser · true to false
        Mar 31, 2025 to Mar 27, 2026
      • Advisory activities · 2 to 3
        Mar 27, 2024 to Mar 31, 2025
      • Assets in custody · $22.2M to $103M
        Mar 27, 2024 to Mar 31, 2025
      • Employees · 11 to 13
        Mar 27, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $177M to $377M
        Mar 27, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $1.1B to $512M
        Mar 27, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $369M to $583M
        Mar 27, 2024 to Mar 31, 2025
      • RAUM · $1.3B to $889M
        Mar 27, 2024 to Mar 31, 2025
      • Assets in custody · $0 to $22.2M
        Jul 5, 2023 to Mar 27, 2024
      • Discretionary RAUM · $176M to $177M
        Jul 5, 2023 to Mar 27, 2024
      • Non-discretionary RAUM · $1.4B to $1.1B
        Jul 5, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $384M to $369M
        Jul 5, 2023 to Mar 27, 2024
      • RAUM · $1.6B to $1.3B
        Jul 5, 2023 to Mar 27, 2024
      • Related adviser · false to true
        Jul 5, 2023 to Mar 27, 2024
      • Private funds · 4 to 2
        Jun 30, 2023 to Jul 5, 2023
      Signals
      3 dated events
      • M•••••• R•••• C•••••• L•• reported RAUM $1.3B, up 42% from $888.6M (2025-03-31 to 2026-03-27)
        Mar 27, 2026 · RAUM change · derived
      • M•••••• R•••• C•••••• L•• reported RAUM $888.6M, down 31% from $1.3B (2024-03-27 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • M•••••• R•••• C•••••• L•• filed its initial SEC registration (Form ADV)
        Jun 30, 2023 · 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/madison-river-capitalreportedpublic record, Form ADV, Sep 18, 2026
      Website
      m•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-805-8111reportedpublic record, Form ADV, Mar 27, 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