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•• F••• A•••••••• L••
Latest filing Jul 7, 2026
First filing on the tape Nov 6, 2018 · 6 filings
SEC status approved since Jun 6, 2024
RAUM
$578M
reported, Item 5.F
Discretionary
87%
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
29
13 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
8
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$578M as of Jul 7, 2026
Mar 25, 2025$526M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 7, 2026
Mar 25, 20250 then
Employees (5.A)29 as of Jul 7, 2026
Mar 25, 202528 then
Private funds8 as of Jul 7, 2026
Mar 25, 20258 then
RAUM +9.9% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Jul 7, 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
- $57.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 87%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +11%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
- $28.2M, 1 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
- 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$578M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 10reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $28.2M for 1 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
6 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| B•• D••• O••••••••• F••• I•• L••• | Private Equity Fund | $71.5M | 93 | Mar 31, 2023 |
| B•• D••• O••••••••• F••• I• L••• | Private Equity Fund | $47.5M | 47 | Jul 2, 2020 |
| B•• D••• O••••••••• F••• I••••••••• L••• | Private Equity Fund | $18.6M | 28 | May 7, 2024 |
| B•• D••• O••••••••• F••• I••••••••• L• | Private Equity Fund | $17.1M | 29 | Mar 28, 2024 |
| B•• H••••••• F• I• L• | Private Equity Fund | $15.0M | 55 | Mar 31, 2023 |
| B•• H••••••• F• I• L•• | Private Equity Fund | $6.0M | 23 | Mar 28, 2024 |
Owners and control persons
Schedule A and B, latest filing
- B••••••• J•••••• D•••• · General Counsel & Chief Compliance Officercontrolsince 01/2022 · owns less than 5%
- E•••••• E•••• J•••• · Executive Chairmancontrolsince 10/2018 · owns 25% to 50%
- F•••••••• G••••••• M••• · Co-Founder, Co-Ceocontrolsince 10/2018 · owns 25% to 50%
- G••••• M•••••••• L••• · Chief Operating Officercontrolsince 10/2018 · owns less than 5%
- L••••••••• D•••••• N••••• · Co-Founder, Co-Ceocontrolsince 10/2018 · owns 25% to 50%
- R••••• O•••• N•• · Chief Financial Officercontrolsince 09/2023 · owns less than 5%
Related persons
Schedule D 7.A
- B•• D••• O••••••••• F••• I• G•• L••pooled vehicle sponsorn
- B•• D••• O••••••••• F••• I• G•• L••pooled vehicle sponsorn
- B•• H••••••• F• I• G• L••pooled vehicle sponsorn
- B•• M••••••••• L••pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
- Denver, CO5 employees
- New York, NY4 employees
What changed
consecutive filings, newest first
- Assets in custody · $27.6M to $28.2MMar 31, 2026 to Jul 7, 2026
- Discretionary RAUM · $510M to $503MMar 31, 2026 to Jul 7, 2026
- Pooled vehicle RAUM · $585M to $578MMar 31, 2026 to Jul 7, 2026
- RAUM · $585M to $578MMar 31, 2026 to Jul 7, 2026
- Accounts · 9 to 10Sep 24, 2025 to Mar 31, 2026
- Advisory employees · 11 to 13Sep 24, 2025 to Mar 31, 2026
- Pooled vehicle clients · 8 to 9Sep 24, 2025 to Mar 31, 2026
- Assets in custody · $0 to $27.6MSep 24, 2025 to Mar 31, 2026
- Employees · 28 to 29Sep 24, 2025 to Mar 31, 2026
- Discretionary RAUM · $451M to $510MSep 24, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $526M to $585MSep 24, 2025 to Mar 31, 2026
- RAUM · $526M to $585MSep 24, 2025 to Mar 31, 2026
- Accounts · 6 to 9May 7, 2024 to Mar 25, 2025
- Advisory employees · 8 to 11May 7, 2024 to Mar 25, 2025
- Business name · B•• F••• A••••••• L•• to B•• F••• A•••••••• L••May 7, 2024 to Mar 25, 2025
- Pooled vehicle clients · 6 to 8May 7, 2024 to Mar 25, 2025
- Financial planning clients · unset to May 7, 2024 to Mar 25, 2025
- Legal name · B•• F••• A••••••• L•• to B•• F••• A•••••••• L••May 7, 2024 to Mar 25, 2025
- Private funds · 12 to 8May 7, 2024 to Mar 25, 2025
- Discretionary RAUM · $176M to $451MMay 7, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $0 to $75.0MMay 7, 2024 to Mar 25, 2025
- Pooled vehicle RAUM · $176M to $526MMay 7, 2024 to Mar 25, 2025
- RAUM · $176M to $526MMay 7, 2024 to Mar 25, 2025
- Accounts · 40 to 6Nov 6, 2018 to May 7, 2024
- Advisory employees · 4 to 8Nov 6, 2018 to May 7, 2024
- HNW clients · 40.0 to unsetNov 6, 2018 to May 7, 2024
- Pooled vehicle clients · unset to 6.0Nov 6, 2018 to May 7, 2024
- Assets in custody · unset to 0.0Nov 6, 2018 to May 7, 2024
- Custody of client assets · false to trueNov 6, 2018 to May 7, 2024
- Employees · 11 to 28Nov 6, 2018 to May 7, 2024
- HQ city · AVENTURA to FORT LAUDERDALENov 6, 2018 to May 7, 2024
- Other offices · 0 to 2Nov 6, 2018 to May 7, 2024
- Private funds · unset to 12Nov 6, 2018 to May 7, 2024
- Discretionary RAUM · $5.7M to $176MNov 6, 2018 to May 7, 2024
- HNW RAUM · 5716331.0 to unsetNov 6, 2018 to May 7, 2024
- Pooled vehicle RAUM · unset to 175533285.0Nov 6, 2018 to May 7, 2024
- RAUM · $5.7M to $176MNov 6, 2018 to May 7, 2024
Signals
6 dated events
- B•• F••• A•••••••• L•• reported RAUM $526.1M, up 200% from $175.5M (2024-05-07 to 2025-03-25)Mar 25, 2025 · RAUM change · derived
- Craig Jarret F••••••• (Cco) no longer on Schedule A of B•• F••• A•••••••• L•• (listed 2018-11-06, absent 2024-05-07)May 7, 2024 · Control person left · inference
- David Joshua Babbitt (General Counsel & Chief Compliance Officer) appeared on Schedule A of B•• F••• A•••••••• L••May 7, 2024 · Control person joined · fact
- Jason Eric Edidin (Executive Chairman) appeared on Schedule A of B•• F••• A•••••••• L••May 7, 2024 · Control person joined · fact
- Nmn Omar Rayes (Chief Financial Officer) appeared on Schedule A of B•• F••• A•••••••• L••May 7, 2024 · Control person joined · fact
- B•• F••• A••••••• L•• filed its initial SEC registration (Form ADV)Nov 6, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- B•• F••• A•••••••• L•• · Independent Sponsorsshared crd · capital_provider
- B•• F••• A••••••• L•• · Private Equityshared crd · organization
- B•• F••• A••••••• L•• · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- bh-3.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 954-541-7446reportedpublic record, Form ADV, Jul 7, 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