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.
SEC-registered adviser
Flat Rock Global
Legal name Flat Rock Global, LLC
Latest filing Mar 24, 2026
First filing on the tape May 11, 2017 · 24 filings
SEC status approved since Jul 10, 2017
RAUM
$1.6B
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
13
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$1.6B as of Mar 24, 2026
May 21, 2018$30.0M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 24, 2026
May 21, 20180 then
Employees (5.A)13 as of Mar 24, 2026
May 21, 20188 then
Private funds1 as of Mar 29, 2023
Feb 23, 20211 then
RAUM +19% over the last fiscal year+42% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 24, 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
- $523MderivedRAUM 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
- +19%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 investment companiesreportedItem 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
- 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
- Investment companies$1.6B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 3reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=3.0derived
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
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Flat Rock Credit Partners LLC | Private Equity Fund | $835,874 | 2 | Feb 23, 2021 |
Owners and control persons
Schedule A and B, latest filing
- Ryan Shiloh Bates · Managing Directorcontrolsince 05/2018 · owns 10% to 25%
- Karl Robert Grunewald · Chief Executive Officercontrolsince 11/2016 · owns less than 5%
- Karl Robert Grunewald · Trusteecontrolsince 10/2023 · owns 75% or more of Robert Karl Grunewald 2022 Irrevocable Trust
- Karl Robert Grunewald · Trusteecontrolsince 11/2015 · owns 75% or more of Robert Karl Grunewald Revocable Trust
- Alan Robert Kleinert · Managercontrolsince 08/1997 · owns 75% or more of Turtle, LLC
- Lawrence John Thomson · Managercontrolsince 09/2020 · owns 75% or more of Thomson Family Management LLC
- Paul Andrew Chica · Chief Compliance Officersince 05/2022 · owns less than 5%
- Kelly Ryan Ripp · Chief Financial Officersince 01/2021 · owns less than 5%
Entity owners
- Robert Karl Grunewald 2022 Irrevocable Trust · Member - Class Adirect · owns 10% to 25%
- Robert Karl Grunewald Revocable Trust · Member - Class A & Cdirect · owns 10% to 25%
- Thomson Family Management LLC · General Partnerindirect · owns 25% to 50% of Thomson Family Limited Partnership
- Flat Rock Global - Series A, LLC · Member - Class Adirect · owns 10% to 25%
- Thomson Family Limited Partnership · Member - Class A & Cdirect · owns 5% to 10%
- Turtle, LLC · Member - Class A & Cdirect · owns 10% to 25%
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
- Advisory employees · 6 to 7Mar 28, 2025 to Mar 24, 2026
- BD registered reps · 0 to 3Mar 28, 2025 to Mar 24, 2026
- Employees · 12 to 13Mar 28, 2025 to Mar 24, 2026
- Discretionary RAUM · $1.3B to $1.6BMar 28, 2025 to Mar 24, 2026
- RAUM · $1.3B to $1.6BMar 28, 2025 to Mar 24, 2026
- BD registered reps · 5 to 0Mar 25, 2024 to Mar 28, 2025
- Financial planning clients · unset to Mar 25, 2024 to Mar 28, 2025
- Discretionary RAUM · $833M to $1.3BMar 25, 2024 to Mar 28, 2025
- RAUM · $833M to $1.3BMar 25, 2024 to Mar 28, 2025
- Accounts · 4 to 3Mar 29, 2023 to Mar 25, 2024
- Advisory activities · 2 to 1Mar 29, 2023 to Mar 25, 2024
- BD registered reps · 0 to 5Mar 29, 2023 to Mar 25, 2024
- Pooled vehicle clients · 1.0 to unsetMar 29, 2023 to Mar 25, 2024
- Assets in custody · 835874.0 to unsetMar 29, 2023 to Mar 25, 2024
- Custody of client assets · true to falseMar 29, 2023 to Mar 25, 2024
- Employees · 10 to 12Mar 29, 2023 to Mar 25, 2024
- Private funds · 1 to unsetMar 29, 2023 to Mar 25, 2024
- Discretionary RAUM · $552M to $833MMar 29, 2023 to Mar 25, 2024
- Pooled vehicle RAUM · 835874.0 to unsetMar 29, 2023 to Mar 25, 2024
- RAUM · $552M to $833MMar 29, 2023 to Mar 25, 2024
- Succession · true to falseMar 29, 2023 to Mar 25, 2024
- Accounts · 3 to 4Aug 18, 2022 to Mar 29, 2023
- Advisory employees · 10 to 6Aug 18, 2022 to Mar 29, 2023
- BD registered reps · 2 to 0Aug 18, 2022 to Mar 29, 2023
- Assets in custody · unset to 835874.0Aug 18, 2022 to Mar 29, 2023
- Custody of client assets · false to trueAug 18, 2022 to Mar 29, 2023
- Discretionary RAUM · $407M to $552MAug 18, 2022 to Mar 29, 2023
- Pooled vehicle RAUM · $1.1M to $835,874Aug 18, 2022 to Mar 29, 2023
- RAUM · $407M to $552MAug 18, 2022 to Mar 29, 2023
- Succession · false to trueAug 18, 2022 to Mar 29, 2023
- Advisory employees · 9 to 10Feb 23, 2021 to Mar 29, 2022
- BD registered reps · 0 to 2Feb 23, 2021 to Mar 29, 2022
- Employees · 9 to 10Feb 23, 2021 to Mar 29, 2022
- HQ city · NEW YORK to JACKSONFeb 23, 2021 to Mar 29, 2022
- HQ state · NY to WYFeb 23, 2021 to Mar 29, 2022
- Discretionary RAUM · $205M to $407MFeb 23, 2021 to Mar 29, 2022
- Pooled vehicle RAUM · $1.4M to $1.1MFeb 23, 2021 to Mar 29, 2022
- RAUM · $205M to $407MFeb 23, 2021 to Mar 29, 2022
- Accounts · 2 to 3Jan 6, 2021 to Feb 23, 2021
- Pooled vehicle clients · unset to 1.0Jan 6, 2021 to Feb 23, 2021
Signals
10 dated events
- Flat Rock Global reported RAUM $1.3B, up 58% from $833.1M (2024-03-25 to 2025-03-28)Mar 28, 2025 · RAUM change · derived
- Flat Rock Global reported RAUM $833.1M, up 51% from $552.4M (2023-03-29 to 2024-03-25)Mar 25, 2024 · RAUM change · derived
- Andrew Richard Petrocelli (Member - Class A) no longer on Schedule A of Flat Rock Global (listed 2023-03-29, absent 2024-03-25)Mar 25, 2024 · Control person left · inference
- Flat Rock Global reported succeeding to the business of Another Adviser (Form ADV Item 4)Mar 29, 2023 · Succession (Item 4) · fact
- Flat Rock Global reported RAUM $552.4M, up 36% from $407.1M (2022-08-18 to 2023-03-29)Mar 29, 2023 · RAUM change · derived
- Flat Rock Global reported RAUM $407.1M, up 98% from $205.4M (2021-02-23 to 2022-03-29)Mar 29, 2022 · RAUM change · derived
- Ryan Shiloh Bates (Managing Director) appeared on Schedule A of Flat Rock GlobalMar 29, 2022 · Control person joined · fact
- Luke Joshua Martinez (Investor) no longer on Schedule A of Flat Rock Global (listed 2021-01-06, absent 2021-02-23)Feb 23, 2021 · Control person left · inference
- Lawrence John Thomson (Manager) appeared on Schedule A of Flat Rock GlobalFeb 23, 2021 · Control person joined · fact
- Flat Rock Global filed its initial SEC registration (Form ADV)May 11, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Flat Rock Global · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/flat-rock-global-llcreportedpublic record, Form ADV, Sep 18, 2026
- Website
- FLATROCKGLOBAL.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 307-500-5200reportedpublic record, Form ADV, Mar 24, 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