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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

M•••• F••• A•••••••

Former SEC-registered adviserBirmingham, AlabamaCRD 288426SEC 801-110773IAPD
Legal name M•••• F••• A•••••••• L••
Latest filing Mar 28, 2024
First filing on the tape Jun 7, 2017 · 10 filings
RAUM
$189M
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
17
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
$189M gross assets
History
10 filings and snapshots on the tape
RAUM$189M as of Mar 28, 2024
Mar 30, 2018$111M then
HNW client RAUM$0 as of Mar 28, 2024
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 28, 2024
Mar 30, 20180 then
Employees (5.A)17 as of Mar 28, 2024
Mar 30, 201817 then
Private funds4 as of Mar 28, 2024
Mar 30, 20188 then
RAUM -44% over the last fiscal year+0.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 28, 2024; 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
$47.1MderivedRAUM 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
-44%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
performance-based, otherreportedItem 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$189M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
4reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
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
      Every departureEvery arrival
      Private funds
      18 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S••••••••• I••••••••• F••• I•• L••Real Estate Fund$141M100Mar 30, 2020
      F•••••• B••••• F••• I• L••Private Equity Fund$40.9M51Jun 7, 2017
      S•• R•••• C•• L••Real Estate Fund$37.1M18Mar 30, 2022
      S•• T••••••• C•• L••Real Estate Fund$34.2M12Mar 28, 2023
      S•• H•••••••• W•••• I••••••••• L••no longer reportedReal Estate Fund$28.6M29Mar 27, 2019
      S•• R••• A• S••••• M•••••••• L••no longer reportedReal Estate Fund$25.0M31Mar 30, 2020
      S•• P•••• S•••••• C•• L••Real Estate Fund$24.0M17Mar 28, 2023
      S•• S••••••• O••• I••••••••• L••no longer reportedReal Estate Fund$22.8M29Mar 27, 2019
      S•• A•••••• P•••• I••••••••• L••no longer reportedReal Estate Fund$22.8M29Mar 27, 2019
      S•• H•••••• P•••• I••••••••• L••no longer reportedReal Estate Fund$22.7M26Nov 3, 2017
      S•• T•••••••• I••••••••• L••no longer reportedReal Estate Fund$16.2M5Nov 3, 2017
      S•• M••••••• G•••• C•• L••Real Estate Fund$15.7M5Mar 28, 2023
      S•• H•••••• H•••• I••••••••• L••no longer reportedReal Estate Fund$12.3M26Nov 3, 2017
      S•• R•••••••• R•••• I••••••••• L••no longer reportedReal Estate Fund$9.4M26Nov 3, 2017
      F••••• I•• L••Private Equity Fund$3.8M9Jun 7, 2017
      F•••••• L••Private Equity Fund$2.8M10Jun 7, 2017
      F••••• L••no longer reportedPrivate Equity Fund$1.9M5Jun 7, 2017
      S••••••••• I••••••••• F••• I• L••no longer reportedReal Estate Fund$00Jun 7, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • L•••••••• T•••• T•••••• · Chief Financial Officercontrol
        since 04/2017 · owns less than 5%
      • L•••••• J••• B••••• M• · Chief Executive Officer & Presidentcontrol
        since 04/2017 · owns less than 5%
      • M••••••••• C••••• G••••• · Chief Compliance Officercontrol
        since 04/2017 · owns less than 5%
      • L•••••• J••• B••••• M• · Sole Shareholder & Directorcontrol
        since 01/1983 · owns 75% or more of S••••••• C•••••• M••••••••• I•••
      Entity owners
      • S••••••• C•••••• M••••••••• I••• · Sole Member & M••••••
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • B•••••••• I••••••••• L•••••
        pooled vehicle sponsorn
      • F•• M••••••• L••
        pooled vehicle sponsorn
      • F•••••• B•••••• I•••
        pooled vehicle sponsorn
      • S•• B•• V•••• G• L••
        pooled vehicle sponsory
      • S•• C•••••• R•••• C• M••••••• L••
        pooled vehicle sponsory
      • S•• M••••••• G•••• C• M••••••• L••
        pooled vehicle sponsory
      • S•• P•••• S•••••• C• M••••••• L••
        pooled vehicle sponsory
      • S•• R•••• G•• L••
        n
      • S•• T••••••• C• M••••••• L••
        pooled vehicle sponsory
      • S••••••• C•••••• M••••••••• I•••
        pooled vehicle sponsorn
      • S••••••• C••••• L••
        pooled vehicle sponsorn
      • S••••••••• C••••••• L••
        pooled vehicle sponsorn
      • S••••••••• F••• I• M••••••• L••
        pooled vehicle sponsorn
      • S••••••••• I••••••••• F••• I•• G•• L••
        y
      • S••••••••• P••••••• M••••••••• L••
        investment companyn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 8 to 4
        Mar 28, 2023 to Mar 28, 2024
      • Advisory employees · 6 to 13
        Mar 28, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 8 to 4
        Mar 28, 2023 to Mar 28, 2024
      • Employees · 14 to 17
        Mar 28, 2023 to Mar 28, 2024
      • Private funds · 8 to 4
        Mar 28, 2023 to Mar 28, 2024
      • Discretionary RAUM · $338M to $189M
        Mar 28, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $338M to $189M
        Mar 28, 2023 to Mar 28, 2024
      • RAUM · $338M to $189M
        Mar 28, 2023 to Mar 28, 2024
      • Accounts · 10 to 8
        Mar 30, 2022 to Mar 28, 2023
      • Advisory employees · 7 to 6
        Mar 30, 2022 to Mar 28, 2023
      • Pooled vehicle clients · 10 to 8
        Mar 30, 2022 to Mar 28, 2023
      • Employees · 12 to 14
        Mar 30, 2022 to Mar 28, 2023
      • Private funds · 9 to 8
        Mar 30, 2022 to Mar 28, 2023
      • Discretionary RAUM · $250M to $338M
        Mar 30, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $250M to $338M
        Mar 30, 2022 to Mar 28, 2023
      • RAUM · $250M to $338M
        Mar 30, 2022 to Mar 28, 2023
      • Advisory employees · 9 to 7
        Mar 31, 2021 to Mar 30, 2022
      • Employees · 14 to 12
        Mar 31, 2021 to Mar 30, 2022
      • Private funds · 10 to 9
        Mar 31, 2021 to Mar 30, 2022
      • Discretionary RAUM · $188M to $250M
        Mar 31, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $188M to $250M
        Mar 31, 2021 to Mar 30, 2022
      • RAUM · $188M to $250M
        Mar 31, 2021 to Mar 30, 2022
      • Employees · 15 to 14
        Oct 26, 2020 to Mar 31, 2021
      • Discretionary RAUM · $109M to $188M
        Oct 26, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $109M to $188M
        Oct 26, 2020 to Mar 31, 2021
      • RAUM · $109M to $188M
        Oct 26, 2020 to Mar 31, 2021
      • Accounts · 11 to 10
        Mar 27, 2019 to Mar 30, 2020
      • Advisory activities · 2 to 1
        Mar 27, 2019 to Mar 30, 2020
      • Corporate clients · 1 to 0
        Mar 27, 2019 to Mar 30, 2020
      • Employees · 13 to 15
        Mar 27, 2019 to Mar 30, 2020
      • Discretionary RAUM · $149M to $109M
        Mar 27, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $134M to $109M
        Mar 27, 2019 to Mar 30, 2020
      • RAUM · $149M to $109M
        Mar 27, 2019 to Mar 30, 2020
      • Accounts · 9 to 11
        Mar 30, 2018 to Mar 27, 2019
      • Advisory employees · 8 to 9
        Mar 30, 2018 to Mar 27, 2019
      • Pooled vehicle clients · 8 to 10
        Mar 30, 2018 to Mar 27, 2019
      • Employees · 17 to 13
        Mar 30, 2018 to Mar 27, 2019
      • Private funds · 8 to 10
        Mar 30, 2018 to Mar 27, 2019
      • Discretionary RAUM · $111M to $149M
        Mar 30, 2018 to Mar 27, 2019
      • Pooled vehicle RAUM · $96.2M to $134M
        Mar 30, 2018 to Mar 27, 2019
      Signals
      3 dated events
      • M•••• F••• A••••••• reported RAUM $188.6M, down 44% from $338.4M (2023-03-28 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • Elizabeth Stewart (Chief Operations Officer) no longer on Schedule A of M•••• F••• A••••••• (listed 2021-03-31, absent 2022-03-30)
        Mar 30, 2022 · Control person left · inference
      • M•••• F••• A••••••• filed its initial SEC registration (Form ADV)
        Jun 7, 2017 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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
      Across the graphs

      M•••• F••• A••••••• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

      Checking your plan…