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

H•••••••• S••••••••• I•••

Asset manager (funds and pooled vehicles)Toronto, Ontario, CRD 293469SEC 801-113408websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape May 9, 2018 · 13 filings
SEC status approved since Jun 6, 2018
RAUM
$943M
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
15
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$943M as of Mar 30, 2026
Mar 27, 2019$938M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 27, 20190 then
Employees (5.A)15 as of Mar 30, 2026
Mar 27, 201913 then
Private funds: no history
RAUM -16% over the last fiscal year-34% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
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
$135MderivedRAUM 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
-16%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 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
  • is a broker-dealer (6.A.1)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$580M61%
  • Other investment advisers$363M39%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
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=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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• U••• •••• · Chief Executive Officer, Directorcontrol
        since 11/2020 · owns less than 5%
      • F••••••••• T••••••• J•••• · Chief Compliance Officercontrol
        since 05/2018 · owns less than 5%
      • G••••••••• C••••••• B••• · Directorcontrol
        since 06/2017 · owns less than 5%
      • H•••••••• P••••• M•••••• · General Counselcontrol
        since 03/2018 · owns less than 5%
      • M•••••• C•••••• L••• · Directorcontrol
        since 06/2008 · owns less than 5%
      • R••••• C••••••• R•••••• · Directorcontrol
        since 06/2017 · owns less than 5%
      • W•••• G•••• C•••• H•• · Chief Financial Officercontrol
        since 06/2016 · owns less than 5%
      • B•••••••• U••• •••• · Shareholdercontrol
        since 04/2021 · owns 75% or more of C••••••• L••• ••••••••
      Entity owners
      • H•••••••• I••••••••• I••• · Shareholder
        direct · owns 75% or more
      • C••••••• L••• •••••••• · Shareholder
        indirect · owns 75% or more of T•• L••• I••• ••••••••
      • R•• M••••••••• I••• •••••••• · Shareholder
        indirect · owns 25% to 50% of H•••••••• I••••••••• I•••
      • T•• L••• I••• •••••••• · Shareholder
        indirect · owns 50% to 75% of H•••••••• I••••••••• I•••
      Related persons
      Schedule D 7.A
      Advisers that list H•••••••• S••••••••• I••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 10 to 7
        Mar 25, 2025 to Mar 30, 2026
      • Discretionary RAUM · $1.1B to $943M
        Mar 25, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $679M to $580M
        Mar 25, 2025 to Mar 30, 2026
      • RAUM · $1.1B to $943M
        Mar 25, 2025 to Mar 30, 2026
      • Accounts · 14 to 10
        Mar 29, 2024 to Mar 25, 2025
      • Advisory employees · 8 to 9
        Mar 29, 2024 to Mar 25, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 25, 2025
      • HQ state · unset to
        Mar 29, 2024 to Mar 25, 2025
      • Discretionary RAUM · $1.7B to $1.1B
        Mar 29, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $921M to $679M
        Mar 29, 2024 to Mar 25, 2025
      • RAUM · $1.7B to $1.1B
        Mar 29, 2024 to Mar 25, 2025
      • Accounts · 13 to 14
        Mar 28, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 2 to 3
        Mar 28, 2023 to Mar 29, 2024
      • Employees · 14 to 15
        Mar 28, 2023 to Mar 29, 2024
      • Discretionary RAUM · $3.3B to $1.7B
        Mar 28, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $1.3B to $921M
        Mar 28, 2023 to Mar 29, 2024
      • RAUM · $3.3B to $1.7B
        Mar 28, 2023 to Mar 29, 2024
      • Advisory employees · 7 to 8
        Mar 18, 2022 to Mar 28, 2023
      • Employees · 13 to 14
        Mar 18, 2022 to Mar 28, 2023
      • Discretionary RAUM · $2.7B to $3.3B
        Mar 18, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $1.3B to $1.3B
        Mar 18, 2022 to Mar 28, 2023
      • RAUM · $2.7B to $3.3B
        Mar 18, 2022 to Mar 28, 2023
      • Accounts · 12 to 13
        Jun 8, 2021 to Mar 18, 2022
      • Discretionary RAUM · $2.1B to $2.7B
        Jun 8, 2021 to Mar 18, 2022
      • Pooled vehicle RAUM · $1.1B to $1.3B
        Jun 8, 2021 to Mar 18, 2022
      • RAUM · $2.1B to $2.7B
        Jun 8, 2021 to Mar 18, 2022
      • Accounts · 10 to 12
        Nov 11, 2020 to Mar 26, 2021
      • Pooled vehicle clients · 3 to 2
        Nov 11, 2020 to Mar 26, 2021
      • Discretionary RAUM · $1.7B to $2.1B
        Nov 11, 2020 to Mar 26, 2021
      • Pooled vehicle RAUM · $919M to $1.1B
        Nov 11, 2020 to Mar 26, 2021
      • RAUM · $1.7B to $2.1B
        Nov 11, 2020 to Mar 26, 2021
      • Business name · T••••••••• I••••••••• M••••••••• I••• to H•••••••• S••••••••• I•••
        Nov 11, 2020 to Nov 11, 2020
      • Legal name · T••••••••• I••••••••• M••••••••• I••• to H•••••••• S••••••••• I•••
        Nov 11, 2020 to Nov 11, 2020
      • Accounts · 11 to 10
        Mar 27, 2019 to Mar 26, 2020
      • Corporate clients · 1.0 to unset
        Mar 27, 2019 to Mar 26, 2020
      • Discretionary RAUM · $938M to $1.7B
        Mar 27, 2019 to Mar 26, 2020
      • Pooled vehicle RAUM · $503M to $919M
        Mar 27, 2019 to Mar 26, 2020
      • RAUM · $938M to $1.7B
        Mar 27, 2019 to Mar 26, 2020
      • Pooled vehicle clients · 4 to 3
        May 9, 2018 to Mar 27, 2019
      • Assets in custody · 128318100.0 to unset
        May 9, 2018 to Mar 27, 2019
      Signals
      8 dated events
      • H•••••••• S••••••••• I••• reported RAUM $1.1B, down 33% from $1.7B (2024-03-29 to 2025-03-25)
        Mar 25, 2025 · RAUM change · derived
      • H•••••••• S••••••••• I••• reported RAUM $1.7B, down 50% from $3.3B (2023-03-28 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • H•••••••• S••••••••• I••• reported RAUM $3.3B, up 26% from $2.7B (2022-03-18 to 2023-03-28)
        Mar 28, 2023 · RAUM change · derived
      • H•••••••• S••••••••• I••• reported RAUM $2.7B, up 27% from $2.1B (2021-06-08 to 2022-03-18)
        Mar 18, 2022 · RAUM change · derived
      • (Nmn) Ugo Bizzarri (Shareholder) appeared on Schedule A of H•••••••• S••••••••• I•••
        Nov 11, 2020 · Control person joined · fact
      • Blair Robert Tamblyn (Chief Executive Officer, Director) no longer on Schedule A of H•••••••• S••••••••• I••• (listed 2020-03-26, absent 2020-11-11)
        Nov 11, 2020 · Control person left · inference
      • H•••••••• S••••••••• I••• reported RAUM $1.7B, up 84% from $938.1M (2019-03-27 to 2020-03-26)
        Mar 26, 2020 · RAUM change · derived
      • T••••••••• I••••••••• M••••••••• I••• filed its initial SEC registration (Form ADV)
        May 9, 2018 · 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
      H••••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      1.888.949.8439reportedpublic record, Form ADV, Mar 30, 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