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
P••••••••• M••••••••• L••
Latest filing Feb 26, 2026
First filing on the tape Jun 23, 2021 · 11 filings
SEC status approved since Jul 23, 2021
RAUM
$345M
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
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$345M as of Feb 26, 2026
Mar 7, 2022$869M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Feb 26, 2026
Mar 7, 20220 then
Employees (5.A)7 as of Feb 26, 2026
Mar 7, 20224 then
Private funds3 as of Feb 26, 2026
Mar 7, 20223 then
RAUM -73% over the last fiscal year-7.7% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Feb 26, 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
- $115MderivedRAUM 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
- -73%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
- $345M, 3 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$345M100%
- 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
- $345M for 3 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
4 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| P••••••••• F••• I•• L• | Venture Capital Fund | $568M | 60 | Mar 25, 2021 |
| P••••••••• F••• I• L• | Private Equity Fund | $252M | 45 | Jan 19, 2018 |
| P••••••••• F••• I••• L• | Venture Capital Fund | $93.6M | 20 | Feb 26, 2024 |
| P••••••••• L••• T••• L• | Other Private Fund | $56.6M | 45 | Jun 23, 2021 |
Owners and control persons
Schedule A and B, latest filing
- B••••••• R••••• B••••••• · Membercontrolsince 08/2017 · owns 10% to 25%
- B•••••••• C••••••••• W•••• · Managing Membercontrolsince 08/2017 · owns 25% to 50%
- M••••••• J••• · Managing Member; Chief Compliance Officercontrolsince 08/2017 · owns 25% to 50%
Related persons
Schedule D 7.A
- P••••••••• F••• I• G•• L••pooled vehicle sponsorn
- P••••••••• F••• I• G•• L••pooled vehicle sponsorn
- P••••••••• F••• I•• G•• L••pooled vehicle sponsorn
- P••••••••• L••• T••• G•• L••pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM down 50 %Change between filings · filing Feb 26, 2026RAUM (Item 5.F) moved from $1,263,932,205 to $345,428,929 (-73.0%) between the annual amendments of 2025-02-19 and 2026-02-26; the peer median change was +4.0% (1148 comparable advisers, 2.0th percentile of changes)peers: asset managers, $100M to $500M (1,148) · 1.7% percentile
What changed
consecutive filings, newest first
- Assets in custody · $1.3B to $345MFeb 19, 2025 to Feb 26, 2026
- Discretionary RAUM · $1.3B to $345MFeb 19, 2025 to Feb 26, 2026
- Pooled vehicle RAUM · $1.3B to $345MFeb 19, 2025 to Feb 26, 2026
- RAUM · $1.3B to $345MFeb 19, 2025 to Feb 26, 2026
- Accounts · 4 to 3May 2, 2024 to Feb 19, 2025
- Advisory employees · 3 to 5May 2, 2024 to Feb 19, 2025
- Pooled vehicle clients · 4 to 3May 2, 2024 to Feb 19, 2025
- Assets in custody · $970M to $1.3BMay 2, 2024 to Feb 19, 2025
- Employees · 4 to 7May 2, 2024 to Feb 19, 2025
- Financial planning clients · unset to May 2, 2024 to Feb 19, 2025
- Private funds · 4 to 3May 2, 2024 to Feb 19, 2025
- Discretionary RAUM · $970M to $1.3BMay 2, 2024 to Feb 19, 2025
- Pooled vehicle RAUM · $970M to $1.3BMay 2, 2024 to Feb 19, 2025
- RAUM · $970M to $1.3BMay 2, 2024 to Feb 19, 2025
- Accounts · 3 to 4Mar 27, 2023 to Feb 26, 2024
- Pooled vehicle clients · 3 to 4Mar 27, 2023 to Feb 26, 2024
- Assets in custody · $440M to $970MMar 27, 2023 to Feb 26, 2024
- Private funds · 3 to 4Mar 27, 2023 to Feb 26, 2024
- Discretionary RAUM · $440M to $970MMar 27, 2023 to Feb 26, 2024
- Pooled vehicle RAUM · $440M to $970MMar 27, 2023 to Feb 26, 2024
- RAUM · $440M to $970MMar 27, 2023 to Feb 26, 2024
- Assets in custody · $869M to $440MJun 29, 2022 to Mar 21, 2023
- Discretionary RAUM · $869M to $440MJun 29, 2022 to Mar 21, 2023
- Pooled vehicle RAUM · $869M to $440MJun 29, 2022 to Mar 21, 2023
- RAUM · $869M to $440MJun 29, 2022 to Mar 21, 2023
- Advisory employees · 1 to 3Jul 27, 2021 to Mar 7, 2022
- Assets in custody · $1.3B to $869MJul 27, 2021 to Mar 7, 2022
- Employees · 5 to 4Jul 27, 2021 to Mar 7, 2022
- Discretionary RAUM · $1.3B to $869MJul 27, 2021 to Mar 7, 2022
- Pooled vehicle RAUM · $1.3B to $869MJul 27, 2021 to Mar 7, 2022
- RAUM · $1.3B to $869MJul 27, 2021 to Mar 7, 2022
- Private funds · 6 to 3Jun 23, 2021 to Jun 28, 2021
Signals
6 dated events
- P••••••••• M••••••••• L•• reported RAUM $345.4M, down 73% from $1.3B (2025-02-19 to 2026-02-26)Feb 26, 2026 · RAUM change · derived
- P••••••••• M••••••••• L•• reported RAUM $1.3B, up 30% from $969.9M (2024-05-02 to 2025-02-19)Feb 19, 2025 · RAUM change · derived
- P••••••••• M••••••••• L•• reported RAUM $969.9M, up 121% from $439.8M (2023-03-27 to 2024-02-26)Feb 26, 2024 · RAUM change · derived
- P••••••••• M••••••••• L•• reported RAUM $439.8M, down 49% from $868.9M (2022-06-29 to 2023-03-21)Mar 21, 2023 · RAUM change · derived
- P••••••••• M••••••••• L•• reported RAUM $868.9M, down 31% from $1.3B (2021-07-27 to 2022-03-07)Mar 7, 2022 · RAUM change · derived
- P••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Jun 23, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- P••••••••• M••••••••• L•• · Independent Sponsorsshared crd · capital_provider
- P••••••••• M••••••••• L•• · Private Equityshared crd · organization
- P••••••••• M••••••••• L•• · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- P•••••••••.VCreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 9292449167reportedpublic record, Form ADV, Feb 26, 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