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

D••••• P•••••• G••••• M•••• A••••••• L•

Former SEC-registered adviserSalt Lake City, UtahCRD 288781SEC 801-125890IAPD
Latest filing Mar 30, 2023
First filing on the tape Jun 30, 2017 · 10 filings
RAUM
$448M
reported, Item 5.F
Discretionary
13%
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
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
$448M gross assets
History
10 filings and snapshots on the tape
RAUM$448M as of Mar 30, 2023
Feb 14, 2018$165M then
HNW client RAUM$46.5M as of Mar 29, 2019
Feb 14, 2018$69.5M then
State-registered IARs (5.B.3)0 as of Mar 30, 2023
Feb 14, 20180 then
Employees (5.A)2 as of Mar 30, 2023
Feb 14, 20182 then
Private funds4 as of Mar 30, 2023
Feb 14, 20182 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Mar 30, 2023; 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
$112MderivedRAUM over accounts (5.F.2.f)
Discretionary
13%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
unknownderivedbetween 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
$448M, 4 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$448M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$448M for 4 clientsreported
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
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      D••••• P•••••• G••••• M•••• F••• L••Hedge Fund$29.9M3Sep 29, 2017
      D••••• P•••••• I•• L•Private Equity Fund$22.6M6Sep 29, 2017
      D••••• P•••••• I• L•Private Equity Fund$12.3M6Mar 28, 2022
      D••••• P•••••• A•••••• L•Private Equity Fund$12.0M12Mar 28, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • L••••••• M••••••• W••••••• · Partner/Cio/Ccocontrol
        since 01/2017 · owns 50% to 75%
      • M•••••• J•••• R• · Partnercontrol
        since 01/2017 · owns 50% to 75%
      • L••••••• M••••••• W••••••• · Managing Membercontrol
        since 01/2017 · owns 50% to 75% of D••••• P•••••• G••••• M•••• G• L••
      • M•••••• J•••• R• · Membercontrol
        since 01/2017 · owns 50% to 75% of D••••• P•••••• G••••• M•••• G• L••
      Entity owners
      • D••••• P•••••• G••••• M•••• G• L•• · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • D••••• P•••••• G••••• M•••• L••
        pooled vehicle sponsorn
      • D••••• P•••••• I• G• L••
        pooled vehicle sponsorn
      • D••••• P•••••• I• G•• L••
        pooled vehicle sponsorn
      • D••••• P•••••• R• G•• L••
        pooled vehicle sponsorn
      • D••••• P•••••• R• I•• G• L••
        pooled vehicle sponsorn
      • D••••• P•••••• R• M••••••••• L••
        investment advisern
      • D••••• P••••••
        investment adviserpooled vehicle sponsorn
      • D••• M••••••••• C•••••• L••
        investment advisern
      • J• M••••• C•••••• V•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · unset to 447914674.0
        May 16, 2022 to Mar 30, 2023
      • Custody of client assets · false to true
        May 16, 2022 to Mar 30, 2023
      • Private funds · 8 to 4
        May 16, 2022 to Mar 30, 2023
      • Discretionary RAUM · $49.3M to $59.7M
        May 16, 2022 to Mar 30, 2023
      • Non-discretionary RAUM · $334M to $388M
        May 16, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $384M to $448M
        May 16, 2022 to Mar 30, 2023
      • RAUM · $384M to $448M
        May 16, 2022 to Mar 30, 2023
      • Accounts · 3 to 4
        Mar 29, 2019 to May 16, 2022
      • Advisory activities · 2 to 1
        Mar 29, 2019 to May 16, 2022
      • HNW clients · 1.0 to unset
        Mar 29, 2019 to May 16, 2022
      • Pooled vehicle clients · 2 to 4
        Mar 29, 2019 to May 16, 2022
      • Assets in custody · 0.0 to unset
        Mar 29, 2019 to May 16, 2022
      • Private funds · 2 to 8
        Mar 29, 2019 to May 16, 2022
      • Discretionary RAUM · $30.6M to $49.3M
        Mar 29, 2019 to May 16, 2022
      • HNW RAUM · 46535882.0 to unset
        Mar 29, 2019 to May 16, 2022
      • Non-discretionary RAUM · $94.9M to $334M
        Mar 29, 2019 to May 16, 2022
      • Pooled vehicle RAUM · $79.0M to $384M
        Mar 29, 2019 to May 16, 2022
      • RAUM · $125M to $384M
        Mar 29, 2019 to May 16, 2022
      • Discretionary RAUM · $36.1M to $30.6M
        Oct 4, 2018 to Mar 29, 2019
      • HNW RAUM · $47.3M to $46.5M
        Oct 4, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $83.7M to $79.0M
        Oct 4, 2018 to Mar 29, 2019
      • RAUM · $131M to $125M
        Oct 4, 2018 to Mar 29, 2019
      • HNW clients · unset to 1.0
        Feb 14, 2018 to Oct 4, 2018
      • Discretionary RAUM · $25.0M to $36.1M
        Feb 14, 2018 to Oct 4, 2018
      • HNW RAUM · $69.5M to $47.3M
        Feb 14, 2018 to Oct 4, 2018
      • Non-discretionary RAUM · $140M to $94.9M
        Feb 14, 2018 to Oct 4, 2018
      • Pooled vehicle RAUM · $95.8M to $83.7M
        Feb 14, 2018 to Oct 4, 2018
      • RAUM · $165M to $131M
        Feb 14, 2018 to Oct 4, 2018
      • Pooled vehicle clients · unset to 2.0
        Oct 2, 2017 to Oct 16, 2017
      • HNW RAUM · unset to 69500000.0
        Oct 2, 2017 to Oct 16, 2017
      • Pooled vehicle RAUM · unset to 95800000.0
        Oct 2, 2017 to Oct 16, 2017
      • Other offices · unset to 0.0
        Sep 29, 2017 to Oct 2, 2017
      • Accounts · unset to 3.0
        Jun 30, 2017 to Sep 29, 2017
      • Assets in custody · unset to 0.0
        Jun 30, 2017 to Sep 29, 2017
      • Private funds · unset to 2
        Jun 30, 2017 to Sep 29, 2017
      • Discretionary RAUM · unset to 25000000.0
        Jun 30, 2017 to Sep 29, 2017
      • Non-discretionary RAUM · unset to 140300000.0
        Jun 30, 2017 to Sep 29, 2017
      • RAUM · unset to 165300000.0
        Jun 30, 2017 to Sep 29, 2017
      Signals
      4 dated events
      • D••••• P•••••• G••••• M•••• A••••••• L• reported RAUM $383.6M, up 206% from $125.5M (2019-03-29 to 2022-05-16)
        May 16, 2022 · RAUM change · derived
      • D•••• C••••• S••• (Chief Financial Officer) no longer on Schedule A of D••••• P•••••• G••••• M•••• A••••••• L• (listed 2019-03-29, absent 2022-05-16)
        May 16, 2022 · Control person left · inference
      • J•••• R••• K•••••• (Cco) no longer on Schedule A of D••••• P•••••• G••••• M•••• A••••••• L• (listed 2019-03-29, absent 2022-05-16)
        May 16, 2022 · Control person left · inference
      • D••••• P•••••• G••••• M•••• A••••••• L• filed its initial SEC registration (Form ADV)
        Jun 30, 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