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

L••••••• C••••••

Asset manager (funds and pooled vehicles)Los Angeles, CaliforniaCRD 288432SEC 801-111785websiteIAPD
Legal name L••••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Aug 31, 2017 · 13 filings
SEC status approved since Sep 29, 2017
RAUM
$1.8B
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
29
24 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$1.8B as of Mar 31, 2026
Jan 22, 2018$615M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Jan 22, 20180 then
Employees (5.A)29 as of Mar 31, 2026
Jan 22, 20189 then
Private funds6 as of Mar 31, 2026
Jan 22, 20182 then
RAUM -15% over the last fiscal year-3.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$306MderivedRAUM 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
-15%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
Custody
$1.8B, 6 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
  • 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)
  • 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$1.8B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.8B for 6 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true 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
      6 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • H•• S•••••• D•••• · Partner, Chief Compliance Officer, Chief Financial Officercontrol
        since 02/2017 · owns less than 5%
      • R••••••••• N•••••• •••• · Partner, Managing Member Of Registrantcontrol
        since 06/2016 · owns 50% to 75%
      • S••••• A•••• L•••• · Partner, Managing Member Of Registrantcontrol
        since 06/2016 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • L••••••• I••••••••• P••••••• G• L•
        bankpooled vehicle sponsorn
      • L••••••• I••••••••• P••••••• I• G• L•
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 20 to 24
        Jul 24, 2025 to Mar 31, 2026
      • Assets in custody · $2.2B to $1.8B
        Jul 24, 2025 to Mar 31, 2026
      • Employees · 24 to 29
        Jul 24, 2025 to Mar 31, 2026
      • Discretionary RAUM · $2.2B to $1.8B
        Jul 24, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $2.2B to $1.8B
        Jul 24, 2025 to Mar 31, 2026
      • RAUM · $2.2B to $1.8B
        Jul 24, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to Jul 24, 2025
      • Advisory employees · 23 to 20
        Dec 2, 2024 to Mar 31, 2025
      • Assets in custody · $1.9B to $2.2B
        Dec 2, 2024 to Mar 31, 2025
      • Employees · 27 to 24
        Dec 2, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.9B to $2.2B
        Dec 2, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.9B to $2.2B
        Dec 2, 2024 to Mar 31, 2025
      • RAUM · $1.9B to $2.2B
        Dec 2, 2024 to Mar 31, 2025
      • Advisory employees · 18 to 23
        Mar 31, 2023 to Mar 29, 2024
      • Assets in custody · $2.0B to $1.9B
        Mar 31, 2023 to Mar 29, 2024
      • Employees · 24 to 27
        Mar 31, 2023 to Mar 29, 2024
      • Discretionary RAUM · $2.0B to $1.9B
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $2.0B to $1.9B
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $2.0B to $1.9B
        Mar 31, 2023 to Mar 29, 2024
      • Accounts · 5 to 6
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 17 to 18
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 5 to 6
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $1.7B to $2.0B
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 21 to 24
        Mar 31, 2022 to Mar 31, 2023
      • Private funds · 5 to 6
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.7B to $2.0B
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.7B to $2.0B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $1.7B to $2.0B
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 3 to 5
        Mar 23, 2021 to Mar 31, 2022
      • Advisory employees · 11 to 17
        Mar 23, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 3 to 5
        Mar 23, 2021 to Mar 31, 2022
      • Assets in custody · $723M to $1.7B
        Mar 23, 2021 to Mar 31, 2022
      • Employees · 14 to 21
        Mar 23, 2021 to Mar 31, 2022
      • Private funds · 3 to 5
        Mar 23, 2021 to Mar 31, 2022
      • Discretionary RAUM · $723M to $1.7B
        Mar 23, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $723M to $1.7B
        Mar 23, 2021 to Mar 31, 2022
      • RAUM · $723M to $1.7B
        Mar 23, 2021 to Mar 31, 2022
      • Advisory employees · 10 to 11
        Mar 24, 2020 to Mar 23, 2021
      • Assets in custody · $623M to $723M
        Mar 24, 2020 to Mar 23, 2021
      • Employees · 13 to 14
        Mar 24, 2020 to Mar 23, 2021
      Signals
      2 dated events
      • L••••••• C•••••• reported RAUM $1.7B, up 132% from $723.3M (2021-03-23 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • L••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 31, 2017 · 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
      Website
      L•••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      310-919-4300reportedpublic record, Form ADV, Mar 31, 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