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.

Former SEC-registered adviser

Pearl Investment Partners, LLC

Former SEC-registered adviserCRD 288062SEC 801-110705IAPD
Latest filing Mar 29, 2019
First filing on the tape May 25, 2017 · 7 filings
RAUM
$117M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$112M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$5.0M gross assets
History
7 filings and snapshots on the tape
RAUM$117M as of Mar 29, 2019
Mar 28, 2018$117M then
HNW client RAUM$112M as of Mar 29, 2019
Mar 28, 2018$117M then
State-registered IARs (5.B.3)1 as of Mar 29, 2019
Mar 28, 20181 then
Employees (5.A)1 as of Mar 29, 2019
Mar 28, 20181 then
Private funds: 1
RAUM -0.4% over the last fiscal yearIARs 1 to 1offices 1 to 0
Practice profile
derived from the filing of Mar 29, 2019; every figure names its basis
RAUM per advisor
$117MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$22.4MderivedHNW RAUM over HNW clients
Average account
$19.5MderivedRAUM 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
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-0.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 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, selection of other advisersreportedItem 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$112M96%
  • Pooled investment vehicles$5.0M4.3%
Individual clients
n/areported
HNW clients
5reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
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
Joined, latest
none on the tape
    Private funds
    1 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Ai-Pip, LLCHedge Fund$5.0M12Aug 14, 2018
    Owners and control persons
    Schedule A and B, latest filing
    • Evan David Perlin · Member And Chief Compliance Officercontrol
      since 03/2017 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 5 to 6
      Aug 14, 2018 to Mar 29, 2019
    • Pooled vehicle clients · unset to 1.0
      Aug 14, 2018 to Mar 29, 2019
    • Assets in custody · unset to 52672847.0
      Aug 14, 2018 to Mar 29, 2019
    • HQ city · BETHESDA to unset
      Aug 14, 2018 to Mar 29, 2019
    • HQ state · MD to unset
      Aug 14, 2018 to Mar 29, 2019
    • Other offices · 1 to 0
      Aug 14, 2018 to Mar 29, 2019
    • Discretionary RAUM · $117M to $117M
      Aug 14, 2018 to Mar 29, 2019
    • HNW RAUM · $117M to $112M
      Aug 14, 2018 to Mar 29, 2019
    • Pooled vehicle RAUM · unset to 5000000.0
      Aug 14, 2018 to Mar 29, 2019
    • RAUM · $117M to $117M
      Aug 14, 2018 to Mar 29, 2019
    • Private funds · unset to 1
      Mar 28, 2018 to Aug 14, 2018
    • Accounts · 6 to 5
      Aug 25, 2017 to Mar 28, 2018
    • HNW clients · unset to 5.0
      Aug 25, 2017 to Mar 28, 2018
    • HQ city · unset to BETHESDA
      Aug 25, 2017 to Mar 28, 2018
    • HQ state · unset to MD
      Aug 25, 2017 to Mar 28, 2018
    • Other offices · unset to 1.0
      Aug 25, 2017 to Mar 28, 2018
    • Discretionary RAUM · $113M to $117M
      Aug 25, 2017 to Mar 28, 2018
    • HNW RAUM · unset to 117300000.0
      Aug 25, 2017 to Mar 28, 2018
    • RAUM · $113M to $117M
      Aug 25, 2017 to Mar 28, 2018
    • Accounts · 0 to 6
      Jun 12, 2017 to Aug 25, 2017
    • Discretionary RAUM · $0 to $113M
      Jun 12, 2017 to Aug 25, 2017
    • RAUM · $0 to $113M
      Jun 12, 2017 to Aug 25, 2017
    • Business name · PEARL INVESTMENT ADVISORS to PEARL INVESTMENT PARTNERS, LLC
      May 25, 2017 to Jun 12, 2017
    • Legal name · PEARL INVESTMENT ADVISORS to PEARL INVESTMENT PARTNERS, LLC
      May 25, 2017 to May 25, 2017
    Signals
    1 dated events
    • Pearl Investment Advisors filed its initial SEC registration (Form ADV)
      May 25, 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