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

A•••••• L••

Wealth manager with institutional or fund businessNew York, New YorkCRD 290117SEC 801-112065websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Oct 24, 2017 · 23 filings
SEC status approved since Nov 24, 2017
RAUM
$6.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
31%
$2.0B individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$3.2B
derived; firm RAUM over IAPD count
Employees
13
8 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
8
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$6.4B as of Mar 25, 2026
Mar 1, 2018$0 then
HNW client RAUM$2.0B as of Mar 25, 2026
Mar 27, 2019$1.3B then
State-registered IARs (5.B.3)2 as of Mar 25, 2026
Mar 1, 20183 then
Employees (5.A)13 as of Mar 25, 2026
Mar 1, 20185 then
Private funds8 as of Mar 25, 2026
Mar 27, 20198 then
RAUM +23% over the last fiscal year+12% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$3.2BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
37derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$35.7MderivedHNW RAUM over HNW clients
Average account
$60.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
21%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
6.5derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$2.9B, 7 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$3.1B49%
  • High-net-worth individuals$2.0B30%
  • Charitable organizations$1.3B21%
  • Individuals$10.1M0.2%
Individual clients
18reported
HNW clients
55reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
106reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$2.9B for 7 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.31 fund_share=0.49 institutional_share=0.21 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••• P•••• A••••••New York, NySep 8, 202143 y0
T•••••• L•• T••••New York, NySep 8, 202124 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      8 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • A••••••• J•••• P•••• · Managing Directorcontrol
        since 10/2017 · owns less than 5%
      • D••••••• C••••••• M•••••• · Managing Directorcontrol
        since 10/2017 · owns less than 5%
      • G••••••••• M•••• D•••• · General Counsel And Chief Compliance Officercontrol
        since 07/2022 · owns less than 5%
      • T••••• T••••••• L•• · Managing Directorcontrol
        since 10/2017 · owns less than 5%
      • A••••••• J•••• P•••• · Managing Membercontrol
        since 07/2017 · owns 75% or more of A•••••• M••••••••• L••
      Entity owners
      • A•••••• M••••••••• L•• · Managing Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • A•••••• F•••• G• L••
        pooled vehicle sponsory
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      New York, Ny · principal200
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • unusually large average accountStatic outlier · filing Mar 25, 2026
        RAUM per account of $60,779,172 against a peer median of $1,534,512 (282 comparable advisers, 98.0th percentile, 36.9 robust deviations)
        peers: independent wealth managers, $5B to $20B (282) · 98% percentile
      What changed
      consecutive filings, newest first
      • Assets in custody · $2.4B to $2.9B
        Aug 27, 2025 to Mar 25, 2026
      • Discretionary RAUM · $5.2B to $6.4B
        Aug 27, 2025 to Mar 25, 2026
      • HNW RAUM · $1.7B to $2.0B
        Aug 27, 2025 to Mar 25, 2026
      • Individual RAUM · $7.3M to $10.1M
        Aug 27, 2025 to Mar 25, 2026
      • Pooled vehicle RAUM · $2.6B to $3.1B
        Aug 27, 2025 to Mar 25, 2026
      • RAUM · $5.2B to $6.4B
        Aug 27, 2025 to Mar 25, 2026
      • Financial planning clients · 0 to 0
        Mar 25, 2025 to Aug 27, 2025
      • Accounts · 104 to 106
        Aug 21, 2024 to Mar 25, 2025
      • Charity clients · 7 to 6
        Aug 21, 2024 to Mar 25, 2025
      • Individual clients · 15 to 18
        Aug 21, 2024 to Mar 25, 2025
      • Pooled vehicle clients · 13 to 12
        Aug 21, 2024 to Mar 25, 2025
      • Assets in custody · $1.3B to $2.4B
        Aug 21, 2024 to Mar 25, 2025
      • Other offices · 1 to 2
        Aug 21, 2024 to Mar 25, 2025
      • Discretionary RAUM · $4.8B to $5.2B
        Aug 21, 2024 to Mar 25, 2025
      • HNW RAUM · $1.5B to $1.7B
        Aug 21, 2024 to Mar 25, 2025
      • Individual RAUM · $6.3M to $7.3M
        Aug 21, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $2.4B to $2.6B
        Aug 21, 2024 to Mar 25, 2025
      • RAUM · $4.8B to $5.2B
        Aug 21, 2024 to Mar 25, 2025
      • Accounts · 102 to 104
        Mar 27, 2023 to Mar 28, 2024
      • Charity clients · 8 to 7
        Mar 27, 2023 to Mar 28, 2024
      • HNW clients · 61 to 55
        Mar 27, 2023 to Mar 28, 2024
      • Individual clients · 6 to 15
        Mar 27, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 12 to 13
        Mar 27, 2023 to Mar 28, 2024
      • Assets in custody · $1.2B to $1.3B
        Mar 27, 2023 to Mar 28, 2024
      • State-registered IARs · 0 to 2
        Mar 27, 2023 to Mar 28, 2024
      • Discretionary RAUM · $4.6B to $4.8B
        Mar 27, 2023 to Mar 28, 2024
      • HNW RAUM · $1.5B to $1.5B
        Mar 27, 2023 to Mar 28, 2024
      • Individual RAUM · $2.5M to $6.3M
        Mar 27, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $2.2B to $2.4B
        Mar 27, 2023 to Mar 28, 2024
      • RAUM · $4.6B to $4.8B
        Mar 27, 2023 to Mar 28, 2024
      • Advisory employees · 9 to 8
        Aug 5, 2022 to Mar 27, 2023
      • HNW clients · 59 to 61
        Aug 5, 2022 to Mar 27, 2023
      • Assets in custody · $1.3B to $1.2B
        Aug 5, 2022 to Mar 27, 2023
      • Employees · 14 to 13
        Aug 5, 2022 to Mar 27, 2023
      • Financial planning clients · unset to 0
        Aug 5, 2022 to Mar 27, 2023
      • Discretionary RAUM · $5.2B to $4.6B
        Aug 5, 2022 to Mar 27, 2023
      • HNW RAUM · $1.6B to $1.5B
        Aug 5, 2022 to Mar 27, 2023
      • Individual RAUM · $2.0M to $2.5M
        Aug 5, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $2.5B to $2.2B
        Aug 5, 2022 to Mar 27, 2023
      • RAUM · $5.2B to $4.6B
        Aug 5, 2022 to Mar 27, 2023
      Signals
      2 dated events
      • David Mark Goldstein (General Counsel And Chief Compliance Officer) appeared on Schedule A of A•••••• L••
        Aug 5, 2022 · Control person joined · fact
      • A••••••• L• filed its initial SEC registration (Form ADV)
        Oct 24, 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.
      How to reach
      public business contact points only, each with its source
      Website
      a•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      (212) 651-3700reportedpublic record, Form ADV, Mar 25, 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
      Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $3.2Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026