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••••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 296835SEC 801-114400websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Nov 7, 2018 · 12 filings
SEC status approved since Dec 10, 2018
RAUM
$418M
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
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
12
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$418M as of Mar 30, 2026
Mar 26, 2019$261M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 26, 20190 then
Employees (5.A)4 as of Mar 30, 2026
Mar 26, 20196 then
Private funds12 as of Mar 30, 2026
Mar 26, 20194 then
RAUM +114% over the last fiscal year+4.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$34.8MderivedRAUM 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
+114%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
$418M, 12 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)
  • 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$418M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
12reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$418M for 12 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=2.0derived
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
      12 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••••• M••••• R••• · Chief Compliance Officercontrol
        since 09/2018 · owns less than 5%
      • S•••••••• D•••••• M••••••• · Chief Financial Officercontrol
        since 02/2018 · owns less than 5%
      • S••••• J•••••••• T••••• · Chief Executive Officercontrol
        since 07/2012 · owns 75% or more
      Related persons
      Schedule D 7.A
      • A••••• C•••••• L••
        broker-dealern
      • A••••• E••••••• E••• I• G• L••
        pooled vehicle sponsorn
      • A••••• E••• P••••••• I• G• L••
        pooled vehicle sponsorn
      • A••••• E••• P••••••• I• G• L••
        pooled vehicle sponsorn
      • A••••• E••• P••••••• I•• G• L••
        pooled vehicle sponsorn
      • A••••• E••• P••••••• I• G• L••
        pooled vehicle sponsorn
      • A••••• G••••• O••••••••• I• G• L••
        pooled vehicle sponsorn
      • A••••• G••••• O••••••••• I•• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Mar 30, 2026
        RAUM (Item 5.F) moved from $195,118,972 to $417,629,206 (+114.0%) between the annual amendments of 2025-03-24 and 2026-03-30; the peer median change was +4.0% (1148 comparable advisers, 97.0th percentile of changes)
        peers: asset managers, $100M to $500M (1,148) · 97% percentile
      • private fund count surgeChange between filings · filing Mar 30, 2026
        private funds (Schedule D 7.B.1) moved from 7.0 to 12.0 (+71.0%) between the annual amendments of 2025-03-24 and 2026-03-30; the peer median change was 0.0% (735 comparable advisers, 99.0th percentile of changes)
        peers: asset managers, $100M to $500M (735) · 99% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 7 to 12
        Mar 24, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 7 to 12
        Mar 24, 2025 to Mar 30, 2026
      • Assets in custody · $2.1M to $418M
        Mar 24, 2025 to Mar 30, 2026
      • Private funds · 7 to 12
        Mar 24, 2025 to Mar 30, 2026
      • Discretionary RAUM · $195M to $418M
        Mar 24, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $195M to $418M
        Mar 24, 2025 to Mar 30, 2026
      • RAUM · $195M to $418M
        Mar 24, 2025 to Mar 30, 2026
      • Assets in custody · $1.1M to $2.1M
        Apr 25, 2024 to Mar 24, 2025
      • Financial planning clients · unset to
        Apr 25, 2024 to Mar 24, 2025
      • Discretionary RAUM · $218M to $195M
        Apr 25, 2024 to Mar 24, 2025
      • Pooled vehicle RAUM · $218M to $195M
        Apr 25, 2024 to Mar 24, 2025
      • RAUM · $218M to $195M
        Apr 25, 2024 to Mar 24, 2025
      • Discretionary RAUM · $228M to $218M
        Mar 28, 2024 to Apr 25, 2024
      • Pooled vehicle RAUM · $228M to $218M
        Mar 28, 2024 to Apr 25, 2024
      • RAUM · $228M to $218M
        Mar 28, 2024 to Apr 25, 2024
      • Accounts · 12 to 7
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 12 to 7
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $362M to $1.1M
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 6 to 4
        Mar 31, 2023 to Mar 28, 2024
      • Private funds · 12 to 7
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $362M to $228M
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $362M to $228M
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $362M to $228M
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $811M to $362M
        Mar 25, 2022 to Mar 31, 2023
      • Employees · 9 to 6
        Mar 25, 2022 to Mar 31, 2023
      • Discretionary RAUM · $811M to $362M
        Mar 25, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $811M to $362M
        Mar 25, 2022 to Mar 31, 2023
      • RAUM · $811M to $362M
        Mar 25, 2022 to Mar 31, 2023
      • Accounts · 8 to 12
        May 10, 2021 to Mar 25, 2022
      • Advisory employees · 3 to 4
        May 10, 2021 to Mar 25, 2022
      • Pooled vehicle clients · 8 to 12
        May 10, 2021 to Mar 25, 2022
      • Assets in custody · $566M to $811M
        May 10, 2021 to Mar 25, 2022
      • Employees · 4 to 9
        May 10, 2021 to Mar 25, 2022
      • Private funds · 8 to 12
        May 10, 2021 to Mar 25, 2022
      • Discretionary RAUM · $566M to $811M
        May 10, 2021 to Mar 25, 2022
      • Pooled vehicle RAUM · $566M to $811M
        May 10, 2021 to Mar 25, 2022
      • RAUM · $566M to $811M
        May 10, 2021 to Mar 25, 2022
      • Advisory employees · 5 to 3
        Aug 14, 2020 to Mar 22, 2021
      • Assets in custody · $438M to $566M
        Aug 14, 2020 to Mar 22, 2021
      • Employees · 8 to 4
        Aug 14, 2020 to Mar 22, 2021
      Signals
      9 dated events
      • A••••• C•••••• M••••••••• L•• reported RAUM $417.6M, up 114% from $195.1M (2025-03-24 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • A••••• C•••••• M••••••••• L•• reported RAUM $227.7M, down 37% from $361.5M (2023-03-31 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • A••••• C•••••• M••••••••• L•• reported RAUM $361.5M, down 55% from $810.8M (2022-03-25 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • A••••• C•••••• M••••••••• L•• reported RAUM $810.8M, up 43% from $565.7M (2021-05-10 to 2022-03-25)
        Mar 25, 2022 · RAUM change · derived
      • A••••• C•••••• M••••••••• L•• reported RAUM $565.7M, up 29% from $438.4M (2020-08-14 to 2021-03-22)
        Mar 22, 2021 · RAUM change · derived
      • Samuel Joshua Dienstag (Chief Investment Officer) no longer on Schedule A of A••••• C•••••• M••••••••• L•• (listed 2020-03-27, absent 2020-08-14)
        Aug 14, 2020 · Control person left · inference
      • A••••• C•••••• M••••••••• L•• reported RAUM $438.4M, up 68% from $260.6M (2019-03-26 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      • Samuel Joshua Dienstag (Chief Investment Officer) appeared on Schedule A of A••••• C•••••• M••••••••• L••
        Mar 26, 2019 · Control person joined · fact
      • S••••••••• L•• filed its initial SEC registration (Form ADV)
        Nov 7, 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••••://WWW.LINKEDIN.COM/COMPANY/A•••••-CAPITALreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-218-7632reportedpublic 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