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
5• N•••• C•••••• M••••••••• L•
Latest filing Mar 31, 2026
First filing on the tape Jan 22, 2019 · 12 filings
SEC status approved since Feb 12, 2019
RAUM
$7.5B
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
9
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$7.5B as of Mar 31, 2026
Mar 23, 2020$194M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 23, 20200 then
Employees (5.A)9 as of Mar 31, 2026
Mar 23, 20205 then
Private funds1 as of Mar 31, 2026
Mar 23, 20201 then
RAUM +78% over the last fiscal year+91% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
- $1.9BderivedRAUM 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
- +78%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
- 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- 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$7.3B100%
- 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=0.97 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
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| 5• N•••• M••••• F•••• L• | Hedge Fund | $2.3B | 208 | Jan 22, 2019 |
Owners and control persons
Schedule A and B, latest filing
- B••••• K•••• E•••••••• · Chief Compliance Officercontrolsince 09/2024 · owns less than 5%
- B•••••• M••••••• R•••••• · Managing Partnercontrolsince 08/2018 · owns 75% or more
- G••••••••• D•••• H•••••• · Chief Financial Officercontrolsince 08/2018 · owns less than 5%
- B•••••• M••••••• R•••••• · Managing Membercontrolsince 08/2018 · owns 75% or more of 5• N•••• C•••••• M••••••••• G•• L••
Entity owners
- 5• N•••• C•••••• M••••••••• G•• L•• · General Partnerdirect · owns less than 5%
Related persons
Schedule D 7.A
- 5• N•••• C•••••• M••••••••• G•• L••pooled vehicle sponsorn
- 5• N•••• P••••••• G•• L••pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
- New York, NY1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $4,222,248,243 to $7,503,173,537 (+78.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +13.0% (631 comparable advisers, 92.0th percentile of changes)peers: asset managers, $5B to $20B (631) · 92% percentile
What changed
consecutive filings, newest first
- Discretionary RAUM · $4.2B to $7.5BMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $4.1B to $7.3BMar 31, 2025 to Mar 31, 2026
- RAUM · $4.2B to $7.5BMar 31, 2025 to Mar 31, 2026
- Advisory employees · 4 to 5Sep 12, 2024 to Mar 31, 2025
- Employees · 6 to 9Sep 12, 2024 to Mar 31, 2025
- Financial planning clients · unset to Sep 12, 2024 to Mar 31, 2025
- Discretionary RAUM · $2.5B to $4.2BSep 12, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $2.3B to $4.1BSep 12, 2024 to Mar 31, 2025
- RAUM · $2.5B to $4.2BSep 12, 2024 to Mar 31, 2025
- Advisory employees · 3 to 4Mar 30, 2024 to May 20, 2024
- Employees · 5 to 6Mar 30, 2024 to May 20, 2024
- HQ city · NEW YORK to HOUSTONMar 30, 2024 to May 20, 2024
- HQ state · NY to TXMar 30, 2024 to May 20, 2024
- Other offices · 0 to 1Mar 30, 2024 to May 20, 2024
- Advisory activities · 1 to 2Mar 29, 2023 to Mar 30, 2024
- Employees · 4 to 5Mar 29, 2023 to Mar 30, 2024
- Discretionary RAUM · $1.1B to $2.5BMar 29, 2023 to Mar 30, 2024
- Pooled vehicle RAUM · $891M to $2.3BMar 29, 2023 to Mar 30, 2024
- RAUM · $1.1B to $2.5BMar 29, 2023 to Mar 30, 2024
- Discretionary RAUM · $641M to $1.1BJun 7, 2022 to Mar 29, 2023
- Pooled vehicle RAUM · $478M to $891MJun 7, 2022 to Mar 29, 2023
- RAUM · $641M to $1.1BJun 7, 2022 to Mar 29, 2023
- Discretionary RAUM · $428M to $641MMar 15, 2021 to Mar 15, 2022
- Pooled vehicle RAUM · $302M to $478MMar 15, 2021 to Mar 15, 2022
- RAUM · $428M to $641MMar 15, 2021 to Mar 15, 2022
- Advisory employees · 4 to 3Mar 23, 2020 to Mar 15, 2021
- Employees · 5 to 4Mar 23, 2020 to Mar 15, 2021
- Discretionary RAUM · $194M to $428MMar 23, 2020 to Mar 15, 2021
- Pooled vehicle RAUM · $134M to $302MMar 23, 2020 to Mar 15, 2021
- RAUM · $194M to $428MMar 23, 2020 to Mar 15, 2021
- Accounts · 3 to 4May 30, 2019 to Mar 23, 2020
- Assets in custody · $51.2M to $0May 30, 2019 to Mar 23, 2020
- Discretionary RAUM · $51.2M to $194MMay 30, 2019 to Mar 23, 2020
- Pooled vehicle RAUM · $51.2M to $134MMay 30, 2019 to Mar 23, 2020
- RAUM · $51.2M to $194MMay 30, 2019 to Mar 23, 2020
- Accounts · unset to 3.0Jan 22, 2019 to May 30, 2019
- Advisory employees · 2 to 4Jan 22, 2019 to May 30, 2019
- Assets in custody · unset to 51184419.0Jan 22, 2019 to May 30, 2019
- Custody of client assets · false to trueJan 22, 2019 to May 30, 2019
- Employees · 3 to 5Jan 22, 2019 to May 30, 2019
Signals
9 dated events
- 5• N•••• C•••••• M••••••••• L• reported RAUM $7.5B, up 78% from $4.2B (2025-03-31 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- 5• N•••• C•••••• M••••••••• L• reported RAUM $4.2B, up 71% from $2.5B (2024-09-12 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- Elizabeth Kate Bacon (Chief Compliance Officer) appeared on Schedule A of 5• N•••• C•••••• M••••••••• L•Sep 12, 2024 · Control person joined · fact
- 5• N•••• C•••••• M••••••••• L• reported RAUM $2.5B, up 129% from $1.1B (2023-03-29 to 2024-03-30)Mar 30, 2024 · RAUM change · derived
- 5• N•••• C•••••• M••••••••• L• reported RAUM $1.1B, up 68% from $641.3M (2022-06-07 to 2023-03-29)Mar 29, 2023 · RAUM change · derived
- 5• N•••• C•••••• M••••••••• L• reported RAUM $641.3M, up 50% from $427.5M (2021-03-15 to 2022-03-15)Mar 15, 2022 · RAUM change · derived
- 5• N•••• C•••••• M••••••••• L• reported RAUM $427.5M, up 120% from $194.2M (2020-03-23 to 2021-03-15)Mar 15, 2021 · RAUM change · derived
- 5• N•••• C•••••• M••••••••• L• reported RAUM $194.2M, up 279% from $51.2M (2019-05-30 to 2020-03-23)Mar 23, 2020 · RAUM change · derived
- 5• N•••• C•••••• M••••••••• L• filed its initial SEC registration (Form ADV)Jan 22, 2019 · 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
- Principal office phone
- (713) 955-4809reportedpublic record, Form ADV, Mar 31, 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