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

G••••••••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Mill Valley, CaliforniaCRD 299383SEC 801-120160websiteIAPD
Latest filing Mar 24, 2026
First filing on the tape Dec 15, 2020 · 16 filings
SEC status approved since Jan 15, 2021
RAUM
$439M
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
10
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
4
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$439M as of Mar 24, 2026
Mar 25, 2022$653M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 24, 2026
Mar 25, 20220 then
Employees (5.A)10 as of Mar 24, 2026
Mar 25, 202211 then
Private funds4 as of Mar 24, 2026
Mar 25, 20226 then
RAUM -13% over the last fiscal year-6.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 24, 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
$110MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-13%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
yesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$439M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 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)
      FundTypeGross assetsOwnersFirst reported
      G••••••••• G••••• I• L•Private Equity Fund$370M108Mar 25, 2022
      P••••••••• V••••••• I•• L•••Private Equity Fund$159M108Dec 11, 2018
      G••••••••• M••••••• S••• L••Venture Capital Fund$19.4M22Mar 25, 2022
      P••••••••• V•••••••• L•••Venture Capital Fund$10.5M53Feb 19, 2019
      O••• S••• L••Venture Capital Fund$9.2M24Mar 25, 2022
      P••••••••• V••••••• I•••• L•••Private Equity Fund$4.0M11Jun 3, 2020
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• K••••• G••••• · Managing Directorcontrol
        since 06/2018 · owns 10% to 25%
      • G••••• D•••••• S•••• · Managing Directorcontrol
        since 06/2018 · owns 25% to 50%
      • Q••••• L••••• A•••• · Chief Compliance Officercontrol
        since 07/2023 · owns less than 5%
      • R•••••••• M•••• S•••••• · Managing Directorcontrol
        since 06/2018 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • G••••••••• I• L••
        pooled vehicle sponsorn
      • P••••••••• I•• L••
        pooled vehicle sponsorn
      • P••••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Venice, CA4 employees
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 4
        Mar 27, 2025 to Mar 24, 2026
      • Pooled vehicle clients · 6 to 4
        Mar 27, 2025 to Mar 24, 2026
      • Employees · 13 to 10
        Mar 27, 2025 to Mar 24, 2026
      • Private funds · 6 to 4
        Mar 27, 2025 to Mar 24, 2026
      • Discretionary RAUM · $504M to $439M
        Mar 27, 2025 to Mar 24, 2026
      • Pooled vehicle RAUM · $504M to $439M
        Mar 27, 2025 to Mar 24, 2026
      • RAUM · $504M to $439M
        Mar 27, 2025 to Mar 24, 2026
      • Advisory employees · 8 to 6
        Mar 27, 2024 to Mar 27, 2025
      • Assets in custody · $572M to $0
        Mar 27, 2024 to Mar 27, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 27, 2025
      • Discretionary RAUM · $572M to $504M
        Mar 27, 2024 to Mar 27, 2025
      • Pooled vehicle RAUM · $572M to $504M
        Mar 27, 2024 to Mar 27, 2025
      • RAUM · $572M to $504M
        Mar 27, 2024 to Mar 27, 2025
      • Business name · P••••••••• M••••••••• L•• to G••••••••• C•••••• M••••••••• L••
        Aug 8, 2023 to Mar 27, 2024
      • Assets in custody · $0 to $572M
        Aug 8, 2023 to Mar 27, 2024
      • Employees · 11 to 13
        Aug 8, 2023 to Mar 27, 2024
      • Legal name · P••••••••• M••••••••• L•• to G••••••••• C•••••• M••••••••• L••
        Aug 8, 2023 to Mar 27, 2024
      • Discretionary RAUM · $544M to $572M
        Aug 8, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $544M to $572M
        Aug 8, 2023 to Mar 27, 2024
      • RAUM · $544M to $572M
        Aug 8, 2023 to Mar 27, 2024
      • Advisory employees · 7 to 8
        Feb 16, 2023 to Mar 28, 2023
      • Discretionary RAUM · $653M to $544M
        Feb 16, 2023 to Mar 28, 2023
      • Pooled vehicle RAUM · $653M to $544M
        Feb 16, 2023 to Mar 28, 2023
      • RAUM · $653M to $544M
        Feb 16, 2023 to Mar 28, 2023
      • HQ city · HERMOSA BEACH to MILL VALLEY
        Mar 30, 2022 to Feb 16, 2023
      • Accounts · 3 to 6
        Nov 2, 2021 to Mar 25, 2022
      • Advisory employees · 6 to 7
        Nov 2, 2021 to Mar 25, 2022
      • Pooled vehicle clients · 3 to 6
        Nov 2, 2021 to Mar 25, 2022
      • Assets in custody · $235M to $0
        Nov 2, 2021 to Mar 25, 2022
      • Employees · 8 to 11
        Nov 2, 2021 to Mar 25, 2022
      • Private funds · 3 to 6
        Nov 2, 2021 to Mar 25, 2022
      • Discretionary RAUM · $235M to $653M
        Nov 2, 2021 to Mar 25, 2022
      • Pooled vehicle RAUM · $235M to $653M
        Nov 2, 2021 to Mar 25, 2022
      • RAUM · $235M to $653M
        Nov 2, 2021 to Mar 25, 2022
      • Private funds · 6 to 3
        Dec 15, 2020 to Dec 21, 2020
      Signals
      11 dated events
      • Nmn T.K. Pillan (Managing Director) no longer on Schedule A of G••••••••• C•••••• M••••••••• L•• (listed 2023-08-08, absent 2024-03-27)
        Mar 27, 2024 · Control person left · inference
      • April Laura Quine (Chief Compliance Officer) appeared on Schedule A of G••••••••• C•••••• M••••••••• L••
        Jul 31, 2023 · Control person joined · fact
      • Francis Dave Reed (Chief Compliance Officer And Chief Financial Officer) no longer on Schedule A of G••••••••• C•••••• M••••••••• L•• (listed 2023-06-05, absent 2023-07-31)
        Jul 31, 2023 · Control person left · inference
      • Marie Kathryn Cicoletti (Chief Operating Officer) no longer on Schedule A of G••••••••• C•••••• M••••••••• L•• (listed 2023-06-05, absent 2023-07-31)
        Jul 31, 2023 · Control person left · inference
      • Marie Kathryn Cicoletti (Chief Operating Officer) appeared on Schedule A of G••••••••• C•••••• M••••••••• L••
        Mar 28, 2023 · Control person joined · fact
      • G••••••••• C•••••• M••••••••• L•• reported RAUM $653.1M, up 178% from $235.3M (2021-11-02 to 2022-03-25)
        Mar 25, 2022 · RAUM change · derived
      • Francis Dave Reed (Chief Compliance Officer And Chief Financial Officer) appeared on Schedule A of G••••••••• C•••••• M••••••••• L••
        Nov 2, 2021 · Control person joined · fact
      • M•••••• G•••••• Y•••• (Chief Compliance Officer And Chief Financial Officer) no longer on Schedule A of G••••••••• C•••••• M••••••••• L•• (listed 2021-04-13, absent 2021-11-02)
        Nov 2, 2021 · Control person left · inference
      • Anthony Richard Schnuerer (Cco/ Vp Of Finance And Operations) no longer on Schedule A of G••••••••• C•••••• M••••••••• L•• (listed 2020-12-21, absent 2021-04-13)
        Apr 13, 2021 · Control person left · inference
      • M•••••• G•••••• Y•••• (Chief Compliance Officer And Chief Financial Officer) appeared on Schedule A of G••••••••• C•••••• M••••••••• L••
        Apr 13, 2021 · Control person joined · fact
      • P••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Dec 15, 2020 · 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
      linkedin.com/company/groundforcecapital/aboutreportedpublic record, Form ADV, Sep 18, 2026
      Website
      groundforcecapital.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      415-203-5681reportedpublic record, Form ADV, Mar 24, 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