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

B•••••••• C••••••• L••

Asset manager (funds and pooled vehicles)Honolulu, HawaiiCRD 291612SEC 801-112601websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Feb 8, 2018 · 18 filings
SEC status approved since Mar 8, 2018
RAUM
$506M
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
7
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
11
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$506M as of Mar 31, 2026
Mar 30, 2018$175M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20180 then
Employees (5.A)7 as of Mar 31, 2026
Mar 30, 20188 then
Private funds11 as of Mar 31, 2026
Mar 30, 20181 then
RAUM +3.9% over the last fiscal year+0.4% 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
$38.9MderivedRAUM 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
+3.9%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
$506M, 13 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$506M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$506M for 13 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=false 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
      7 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • C••••• N•••••• C••• · Chief Compliance Officer And Chief Legal Officercontrol
        since 11/2019 · owns less than 5%
      • K••••••••• B•••• A••• · Managing Member, Chairman And Chief Executive Officercontrol
        since 04/2010 · owns 50% to 75%
      • L•• B••••• K••• · Principalcontrol
        since 01/2011 · owns less than 5%
      • M••••••••• I••• W••• · Membercontrol
        since 04/2010 · owns 50% to 75%
      • N•••••• W••••••••• D• · Principal And Chief Of Staffcontrol
        since 01/2019 · owns less than 5%
      • P•••• H••••• A•• · Chief Financial Officercontrol
        since 01/2011 · owns less than 5%
      • W•••• B•••••••• J•• · Principalcontrol
        since 01/2011 · owns less than 5%
      Related persons
      Schedule D 7.A
      • B•••••••• C•••••• M••••••••• C••••••••• L•••
        pooled vehicle sponsory
      • B•••••••• C•••••• M••••••••• I• L••
        investment adviserpooled vehicle sponsoryRAUM $25.5M
      • B•••••••• C•••••• M••••••••• I•••• L•••
        pooled vehicle sponsory
      • B•••••••• C•••••• M••••••••• I•• L•••
        pooled vehicle sponsory
      • B•• R•• G•• L••
        pooled vehicle sponsory
      Advisers that list B•••••••• C••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 11 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 11 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $487M to $506M
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 9 to 11
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $487M to $506M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $487M to $506M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $487M to $506M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 9 to 11
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 8 to 7
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 9 to 11
        Mar 29, 2024 to Mar 31, 2025
      • Assets in custody · $475M to $487M
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 8 to 7
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Private funds · 7 to 9
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $475M to $487M
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $475M to $487M
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $475M to $487M
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 7 to 8
        May 19, 2023 to Mar 29, 2024
      • Assets in custody · $500M to $475M
        May 19, 2023 to Mar 29, 2024
      • Employees · 7 to 8
        May 19, 2023 to Mar 29, 2024
      • Discretionary RAUM · $500M to $475M
        May 19, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $500M to $475M
        May 19, 2023 to Mar 29, 2024
      • RAUM · $500M to $475M
        May 19, 2023 to Mar 29, 2024
      • Advisory employees · 6 to 7
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $564M to $500M
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 6 to 7
        Mar 31, 2022 to Mar 31, 2023
      • Other offices · 1 to 0
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $564M to $500M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $564M to $500M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $564M to $500M
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 4 to 9
        Oct 8, 2021 to Mar 31, 2022
      • Advisory employees · 7 to 6
        Oct 8, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 4 to 9
        Oct 8, 2021 to Mar 31, 2022
      • Assets in custody · $351M to $564M
        Oct 8, 2021 to Mar 31, 2022
      • Employees · 7 to 6
        Oct 8, 2021 to Mar 31, 2022
      • Private funds · 2 to 7
        Oct 8, 2021 to Mar 31, 2022
      • Discretionary RAUM · $351M to $564M
        Oct 8, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $351M to $564M
        Oct 8, 2021 to Mar 31, 2022
      • RAUM · $351M to $564M
        Oct 8, 2021 to Mar 31, 2022
      • Other offices · 0 to 1
        Mar 31, 2021 to Oct 8, 2021
      Signals
      7 dated events
      • B•••••••• C••••••• L•• reported RAUM $564.2M, up 61% from $350.6M (2021-10-08 to 2022-03-31)
        Mar 31, 2022 · ria raum c••••e · derived
      • B•••••••• C••••••• L•• reported RAUM $442.0M, up 31% from $336.3M (2020-02-12 to 2020-03-30)
        Mar 30, 2020 · ria raum c••••e · derived
      • C.E. Nicole Chang (Chief Compliance Officer) appeared on Schedule A of B•••••••• C••••••• L••
        Nov 6, 2019 · Control person joined · fact
      • B•••••••• C••••••• L•• reported RAUM $336.3M, up 92% from $175.2M (2019-01-18 to 2019-03-31)
        Mar 31, 2019 · ria raum c••••e · derived
      • D. William-Khoa Nguyen (Vice President Of B•••••••• C••••••• L••) appeared on Schedule A of B•••••••• C••••••• L••
        Mar 31, 2019 · Control person joined · fact
      • Marty Michael Purpura (Evp, Clo, And Cco Of B•••••••• C••••••• L••) no longer on Schedule A of B•••••••• C••••••• L•• (listed 2018-03-30, absent 2019-01-18)
        Jan 18, 2019 · Control person left · inference
      • B•••••••• C••••••• L•• filed its initial SEC registration (Form ADV)
        Feb 8, 2018 · 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
      Firm profile
      H•••S://WWW.LINKEDIN.COM/COMPANY/B••••••••-CAPITAL-LLCreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      808-738-8400reportedpublic 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
      Across the graphs

      B•••••••• C••••••• L•• 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.

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