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

S•••• F••• P••••••• L••

Asset manager (funds and pooled vehicles)Palo Alto, CaliforniaCRD 300060SEC 801-119178IAPD
Latest filing Mar 26, 2026
First filing on the tape Jun 29, 2020 · 8 filings
SEC status approved since Jul 29, 2020
RAUM
$138M
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
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$138M as of Mar 26, 2026
Mar 29, 2021$250M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 29, 20210 then
Employees (5.A)1 as of Mar 26, 2026
Mar 29, 20211 then
Private funds3 as of Mar 26, 2026
Mar 29, 20213 then
RAUM +0.9% over the last fiscal year-8.6% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 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
$45.9MderivedRAUM 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
+0.9%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
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)
  • 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$138M100%
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
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
      3 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • W••••••• B•••••• C• · Managing Partner And Chief Compliance Officercontrol
        since 07/2018 · owns 75% or more
      Related persons
      Schedule D 7.A
      • S•••• F••• G••••• G••••• P••••••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $136M to $138M
        Mar 12, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $136M to $138M
        Mar 12, 2025 to Mar 26, 2026
      • RAUM · $136M to $138M
        Mar 12, 2025 to Mar 26, 2026
      • Financial planning clients · unset to
        Mar 8, 2024 to Mar 12, 2025
      • Discretionary RAUM · $154M to $136M
        Mar 8, 2024 to Mar 12, 2025
      • Pooled vehicle RAUM · $154M to $136M
        Mar 8, 2024 to Mar 12, 2025
      • RAUM · $154M to $136M
        Mar 8, 2024 to Mar 12, 2025
      • HQ city · unset to PALO ALTO
        Mar 24, 2023 to Mar 8, 2024
      • HQ state · unset to CA
        Mar 24, 2023 to Mar 8, 2024
      • Discretionary RAUM · $180M to $154M
        Mar 24, 2023 to Mar 8, 2024
      • Pooled vehicle RAUM · $180M to $154M
        Mar 24, 2023 to Mar 8, 2024
      • RAUM · $180M to $154M
        Mar 24, 2023 to Mar 8, 2024
      • HQ city · MENLO PARK to unset
        Sep 28, 2022 to Mar 24, 2023
      • HQ state · CA to unset
        Sep 28, 2022 to Mar 24, 2023
      • Discretionary RAUM · $272M to $180M
        Sep 28, 2022 to Mar 24, 2023
      • Pooled vehicle RAUM · $272M to $180M
        Sep 28, 2022 to Mar 24, 2023
      • RAUM · $272M to $180M
        Sep 28, 2022 to Mar 24, 2023
      • Discretionary RAUM · $250M to $272M
        Mar 29, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $250M to $272M
        Mar 29, 2021 to Mar 30, 2022
      • RAUM · $250M to $272M
        Mar 29, 2021 to Mar 30, 2022
      • Private funds · 6 to 3
        Jun 29, 2020 to Mar 29, 2021
      • Discretionary RAUM · $218M to $250M
        Jun 29, 2020 to Mar 29, 2021
      • Pooled vehicle RAUM · $218M to $250M
        Jun 29, 2020 to Mar 29, 2021
      • RAUM · $218M to $250M
        Jun 29, 2020 to Mar 29, 2021
      Signals
      1 dated events
      • S•••• F••• P••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 29, 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
      Principal office phone
      415-265-5551reportedpublic record, Form ADV, Mar 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