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
B••••••••• C•• M••••••••• L••
Latest filing Dec 15, 2021
First filing on the tape Feb 9, 2017 · 15 filings
RAUM
$252M
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
0
0 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
$252M gross assets
History
15 filings and snapshots on the tape
RAUM$252M as of Mar 29, 2021
Mar 28, 2018$7.8B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 29, 2021
Mar 28, 20180 then
Employees (5.A)0 as of Mar 29, 2021
Mar 28, 20180 then
Private funds3 as of Mar 29, 2021
Mar 28, 201820 then
RAUM -37% over the last fiscal year-68% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Dec 15, 2021; 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
- $84.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%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
- -37%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 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)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$252M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 3reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, 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)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| B••••••••• C•• 2••••• L•••no longer reported | Securitized Asset Fund | $602M | 6 | Oct 22, 2014 |
| B••••••••• C•• 2••••• L•••no longer reported | Securitized Asset Fund | $500M | 6 | Feb 27, 2015 |
| B••••••••• C•• 2••••• L••• | Securitized Asset Fund | $249M | 5 | May 29, 2015 |
| B••••••••• C•• 2••••• L••• | Securitized Asset Fund | $1.6M | 1 | Aug 22, 2012 |
| B••••••••• C•• 2••••• L••• | Securitized Asset Fund | $1.6M | 1 | Mar 30, 2012 |
| B••••••••• C•• I• L•••no longer reported | Securitized Asset Fund | $1.0M | 2 | Mar 30, 2012 |
| B••••••••• C•• I•• L•••no longer reported | Securitized Asset Fund | $1.0M | 2 | Mar 30, 2012 |
| B••••••••• C•• 2••••• L•••no longer reported | Securitized Asset Fund | $0 | 8 | Feb 21, 2014 |
| B••••••••• C•• 2••••• L•••no longer reported | Securitized Asset Fund | $0 | 7 | Jun 12, 2014 |
| B••••••••• C•• 2••••• L•••no longer reported | Securitized Asset Fund | $0 | 8 | Feb 21, 2014 |
Owners and control persons
Schedule A and B, latest filing
- B••••• D••••• A•••• · Chief Executive Officer; Chief Investment Officercontrolsince 08/2020 · owns less than 5%
- M•••••• A••••• K•••••••• · Chief Compliance Officercontrolsince 11/2021 · owns less than 5%
Entity owners
- A•••••• G••••••• U• H••••••• I••• · Memberdirect · owns 75% or more
- A•••••• G••••••• L••• · Shareholderindirect · owns 75% or more of A•••••• G••••••• U• H••••••• I••• · public reporting company
Related persons
Schedule D 7.A
- A• A•••• S••••••••• L••real estaten
- A• U• G•••• S••••••• I•••real estaten
- A•• C•••••• S•••••••• G•• L••pooled vehicle sponsorn
- A•• F••• I• G• L••pooled vehicle sponsorn
- A•• F••• I• G• L••pooled vehicle sponsorn
- A•• A•••• B••••• G•• L••pooled vehicle sponsorn
- A•• M•••••••• B••• G•• L••pooled vehicle sponsorn
- A•••••• G••••••• C••••real estaten
- A•••••• G••••••• L•••real estatey
- A•••••• G••••••• M•••••••• C••••real estaten
- A•••••• G••••••• M•••••••• H••••••• I•••real estaten
- A•••••• G••••••• U• H••••••• I•••real estatey
- A•••••• H••••••••• P••••••• L••investment advisernRAUM $1.7B
- A•••••• I••••••••• M••••••••• ••••••• L••investment adviserbankn
- A•••••• I••••••••• M••••••••• C•• W•••••••• I• G•• L••pooled vehicle sponsorn
- A•••••• I••••••••• M••••••••• G• H••••••• L••pooled vehicle sponsorn
- Sound Point Luna LLCinvestment adviserbankpooled vehicle sponsornRAUM $10B
- B••• M••••••• C• M••••• F••• G•• L•••pooled vehicle sponsorn
- B••• M••••••• C••••• G•• L••pooled vehicle sponsorn
- B••••••••• C••• G•• L••pooled vehicle sponsorn
- B••••••••• C•• W•••••••• G•• L••pooled vehicle sponsorn
- B••••••••• C••••• O••••••••• G• I• L••pooled vehicle sponsorn
- B••••••••• D••••••••• G•• L••pooled vehicle sponsorn
- B••••••••• F•••• I••••• R••••••• V•••• G•• L••pooled vehicle sponsorn
- B••••••••• F••••••• G•• L••pooled vehicle sponsorn
- B••••••••• F••• M••••••••• L••investment advisernRAUM $1.2B
- B••••••••• F••••• G•• L••pooled vehicle sponsorn
- B••••••••• G••••• V••••••••• G•• L••pooled vehicle sponsorn
- B••••••••• K•••••• H•••• F••• G•• L••pooled vehicle sponsorn
- B••••••••• L•••• O••••••••• G•• L••pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 6 to 3Sep 26, 2020 to Mar 29, 2021
- Pooled vehicle clients · 6 to 3Sep 26, 2020 to Mar 29, 2021
- Private funds · 6 to 3Sep 26, 2020 to Mar 29, 2021
- Discretionary RAUM · $398M to $252MSep 26, 2020 to Mar 29, 2021
- Pooled vehicle RAUM · $398M to $252MSep 26, 2020 to Mar 29, 2021
- RAUM · $398M to $252MSep 26, 2020 to Mar 29, 2021
- Accounts · 8 to 6Feb 28, 2020 to Mar 26, 2020
- Pooled vehicle clients · 8 to 6Feb 28, 2020 to Mar 26, 2020
- Discretionary RAUM · $959M to $398MFeb 28, 2020 to Mar 26, 2020
- Pooled vehicle RAUM · $959M to $398MFeb 28, 2020 to Mar 26, 2020
- RAUM · $959M to $398MFeb 28, 2020 to Mar 26, 2020
- Private funds · 8 to 6Oct 31, 2019 to Feb 28, 2020
- Discretionary RAUM · $1.5B to $959MMar 27, 2019 to Oct 31, 2019
- Pooled vehicle RAUM · $1.5B to $959MMar 27, 2019 to Oct 31, 2019
- RAUM · $1.5B to $959MMar 27, 2019 to Oct 31, 2019
- Accounts · 20 to 8Feb 18, 2019 to Mar 27, 2019
- Pooled vehicle clients · 20 to 8Feb 18, 2019 to Mar 27, 2019
- Private funds · 12 to 8Feb 18, 2019 to Mar 27, 2019
- Discretionary RAUM · $7.8B to $1.5BFeb 18, 2019 to Mar 27, 2019
- Pooled vehicle RAUM · $7.8B to $1.5BFeb 18, 2019 to Mar 27, 2019
- RAUM · $7.8B to $1.5BFeb 18, 2019 to Mar 27, 2019
- Private funds · 19 to 12Apr 6, 2018 to Feb 18, 2019
- Private funds · 20 to 19Mar 28, 2018 to Apr 6, 2018
- Pooled vehicle clients · unset to 20.0Sep 21, 2017 to Mar 28, 2018
- Other offices · unset to 0.0Sep 21, 2017 to Mar 28, 2018
- Discretionary RAUM · $8.4B to $7.8BSep 21, 2017 to Mar 28, 2018
- Pooled vehicle RAUM · unset to 7849760000.0Sep 21, 2017 to Mar 28, 2018
- RAUM · $8.4B to $7.8BSep 21, 2017 to Mar 28, 2018
- Accounts · unset to 20.0Mar 8, 2017 to Apr 5, 2017
- Private funds · unset to 20Mar 8, 2017 to Apr 5, 2017
- Discretionary RAUM · unset to 8435664000.0Mar 8, 2017 to Apr 5, 2017
- Non-discretionary RAUM · unset to 0.0Mar 8, 2017 to Apr 5, 2017
- RAUM · unset to 8435664000.0Mar 8, 2017 to Apr 5, 2017
Signals
14 dated events
- Kittredge Adele Murray (Chief Compliance Officer) appeared on Schedule A of B••••••••• C•• M••••••••• L••Dec 15, 2021 · Control person joined · fact
- Dave Ray (Chief Compliance Officer) no longer on Schedule A of B••••••••• C•• M••••••••• L•• (listed 2021-03-29, absent 2021-12-15)Dec 15, 2021 · Control person left · inference
- B••••••••• C•• M••••••••• L•• reported RAUM $252.3M, down 37% from $398.1M (2020-09-26 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
- Milo Eric Albert (Chief Compliance Officer) no longer on Schedule A of B••••••••• C•• M••••••••• L•• (listed 2020-09-26, absent 2021-03-29)Mar 29, 2021 · Control person left · inference
- Dave Ray (Chief Compliance Officer) appeared on Schedule A of B••••••••• C•• M••••••••• L••Mar 29, 2021 · Control person joined · fact
- Allan David Buzen (Chief Executive Officer; Chief Investment Officer) appeared on Schedule A of B••••••••• C•• M••••••••• L••Mar 29, 2021 · Control person joined · fact
- B••••••••• C•• M••••••••• L•• reported RAUM $398.1M, down 59% from $959.4M (2020-02-28 to 2020-03-26)Mar 26, 2020 · RAUM change · derived
- B••••••••• C•• M••••••••• L•• reported RAUM $959.4M, down 36% from $1.5B (2019-03-27 to 2019-10-31)Oct 31, 2019 · RAUM change · derived
- Todd Andrew Feldstein (Member) no longer on Schedule A of B••••••••• C•• M••••••••• L•• (listed 2019-03-27, absent 2019-10-31)Oct 31, 2019 · Control person left · inference
- Miles Stephen Siderow (Member) no longer on Schedule A of B••••••••• C•• M••••••••• L•• (listed 2019-03-27, absent 2019-10-31)Oct 31, 2019 · Control person left · inference
- Michael Liberman (Member) no longer on Schedule A of B••••••••• C•• M••••••••• L•• (listed 2019-03-27, absent 2019-10-31)Oct 31, 2019 · Control person left · inference
- Stephen Derek Smith (Member) no longer on Schedule A of B••••••••• C•• M••••••••• L•• (listed 2019-03-27, absent 2019-10-31)Oct 31, 2019 · Control person left · inference
- B••••••••• C•• M••••••••• L•• reported RAUM $1.5B, down 81% from $7.8B (2019-02-18 to 2019-03-27)Mar 27, 2019 · RAUM change · derived
- B••••••••• C•• M••••••••• L•• filed its initial SEC registration (Form ADV)Feb 9, 2017 · 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.
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