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

I••••• I• V•• L••

Former SEC-registered adviserCRD 287896SEC 801-114410IAPD
Latest filing Mar 29, 2023
First filing on the tape Nov 9, 2018 · 13 filings
RAUM
$25.2M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
81%
$20.4M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$25.2M as of Mar 29, 2023
Feb 7, 2019$29.3M then
HNW client RAUM$17.9M as of Mar 29, 2023
Feb 7, 2019$8.7M then
State-registered IARs (5.B.3)5 as of Mar 29, 2023
Feb 7, 20192 then
Employees (5.A)5 as of Mar 29, 2023
Feb 7, 20192 then
Private funds1 as of Jan 17, 2020
Feb 7, 20192 then
RAUM -53% over the last fiscal year-13% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Mar 29, 2023; every figure names its basis
RAUM per advisor
$5.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
22derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$238,667derivedHNW RAUM over HNW clients
Average account
$204,878derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-53%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
-30%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$17.9M71%
  • Other investment advisers$4.8M19%
  • Individuals$2.5M9.9%
Individual clients
35reported
HNW clients
75reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
123reported
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
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      V••••••• P••••••• I••• L•no longer reportedHedge Fund$1.9M9Feb 7, 2019
      V••••••• P••••••• I••• L•no longer reportedHedge Fund$1.2M8Feb 7, 2019
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• S•••••• J••• · Managing Membercontrol
        since 03/2017 · owns less than 5%
      • K••• C••••• Y•••• · Chief Operating Officer/Chief Compliance Officercontrol
        since 01/2022 · owns 10% to 25%
      • Y••••• J•••••• P••• · Managing Membercontrol
        since 05/2017 · owns 25% to 50%
      • B•••••• S•••••• J••• · Membercontrol
        since 11/2014 · owns 75% or more of C••••• P••••••• L••
      Entity owners
      • C••••• P••••••• L•• · Member
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      • Palm Beach Gardens, FL2 employees
      • , 2 employees
      What changed
      consecutive filings, newest first
      • Accounts · 193 to 123
        Mar 31, 2022 to Mar 29, 2023
      • Advisory employees · 4 to 5
        Mar 31, 2022 to Mar 29, 2023
      • HNW clients · 111 to 75
        Mar 31, 2022 to Mar 29, 2023
      • Individual clients · 47 to 35
        Mar 31, 2022 to Mar 29, 2023
      • Employees · 4 to 5
        Mar 31, 2022 to Mar 29, 2023
      • State-registered IARs · 4 to 5
        Mar 31, 2022 to Mar 29, 2023
      • Discretionary RAUM · $32.0M to $25.1M
        Mar 31, 2022 to Mar 29, 2023
      • HNW RAUM · $41.0M to $17.9M
        Mar 31, 2022 to Mar 29, 2023
      • Individual RAUM · $3.5M to $2.5M
        Mar 31, 2022 to Mar 29, 2023
      • Non-discretionary RAUM · $21.1M to $100,000
        Mar 31, 2022 to Mar 29, 2023
      • RAUM · $53.1M to $25.2M
        Mar 31, 2022 to Mar 29, 2023
      • Related adviser · false to true
        Mar 31, 2022 to Mar 29, 2023
      • Accounts · 137 to 193
        Jul 13, 2021 to Mar 31, 2022
      • Advisory employees · 3 to 4
        Jul 13, 2021 to Mar 31, 2022
      • HNW clients · 62 to 111
        Jul 13, 2021 to Mar 31, 2022
      • Individual clients · 46 to 47
        Jul 13, 2021 to Mar 31, 2022
      • Employees · 3 to 4
        Jul 13, 2021 to Mar 31, 2022
      • HQ city · PALM BEACH GARDENS to unset
        Jul 13, 2021 to Mar 31, 2022
      • HQ state · FL to unset
        Jul 13, 2021 to Mar 31, 2022
      • State-registered IARs · 3 to 4
        Jul 13, 2021 to Mar 31, 2022
      • Discretionary RAUM · $123M to $32.0M
        Jul 13, 2021 to Mar 31, 2022
      • HNW RAUM · $115M to $41.0M
        Jul 13, 2021 to Mar 31, 2022
      • Individual RAUM · $5.4M to $3.5M
        Jul 13, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $200,000 to $21.1M
        Jul 13, 2021 to Mar 31, 2022
      • RAUM · $124M to $53.1M
        Jul 13, 2021 to Mar 31, 2022
      • Accounts · 72 to 137
        Mar 19, 2021 to Jul 13, 2021
      • HNW clients · 35 to 62
        Mar 19, 2021 to Jul 13, 2021
      • Individual clients · 35 to 46
        Mar 19, 2021 to Jul 13, 2021
      • HQ city · MT. KISCO to PALM BEACH GARDENS
        Mar 19, 2021 to Jul 13, 2021
      • HQ state · NY to FL
        Mar 19, 2021 to Jul 13, 2021
      • Discretionary RAUM · $35.0M to $123M
        Mar 19, 2021 to Jul 13, 2021
      • HNW RAUM · $51.0M to $115M
        Mar 19, 2021 to Jul 13, 2021
      • Individual RAUM · $3.0M to $5.4M
        Mar 19, 2021 to Jul 13, 2021
      • Non-discretionary RAUM · $21.0M to $200,000
        Mar 19, 2021 to Jul 13, 2021
      • RAUM · $56.0M to $124M
        Mar 19, 2021 to Jul 13, 2021
      • Accounts · 48 to 72
        Nov 13, 2020 to Mar 19, 2021
      • Advisory employees · 2 to 3
        Nov 13, 2020 to Mar 19, 2021
      • Advisory activities · 3 to 1
        Nov 13, 2020 to Mar 19, 2021
      • HNW clients · 16 to 35
        Nov 13, 2020 to Mar 19, 2021
      • Individual clients · 19 to 35
        Nov 13, 2020 to Mar 19, 2021
      Signals
      2 dated events
      • Young Chang Kim (Chief Operating Officer/Chief Compliance Officer) appeared on Schedule A of I••••• I• V•• L••
        Mar 31, 2022 · Control person joined · fact
      • I••••• I• V•• L•• filed its initial SEC registration (Form ADV)
        Nov 9, 2018 · 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