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

N•• R•••• H••••••••• I•••••••• L••

Asset manager (funds and pooled vehicles)Philadelphia, PennsylvaniaCRD 300842SEC 801-124768websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 28, 2022 · 6 filings
SEC status approved since Apr 27, 2022
RAUM
$291M
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
5 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
6
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$291M as of Mar 30, 2026
Mar 28, 2023$188M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 28, 20231 then
Employees (5.A)10 as of Mar 30, 2026
Mar 28, 202310 then
Private funds6 as of Mar 30, 2026
Mar 28, 20234 then
RAUM +10% over the last fiscal year+16% a year over threeIARs 1 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
$48.5MderivedRAUM 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
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
+10%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$291M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
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
      5 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••• R•••••• W•••••• · Chief Financial Officercontrol
        since 12/2023 · owns less than 5%
      • G•••••• I•••• P••••• · Managing Partner & Chief Medical Officercontrol
        since 04/2018 · owns less than 5%
      • P•••••• N••••• G••• · Founder & Managing Partnercontrol
        since 04/2018 · owns 75% or more
      • S•••••• S••••••• N•• · Managing Partner & Chief Compliance Officercontrol
        since 04/2018 · owns less than 5%
      Related persons
      Schedule D 7.A
      • N•• R•••• H••••••••• 1• C•• L•
        pooled vehicle sponsorn
      • N•• R•••• H••••••••• 1• G• S•••
        pooled vehicle sponsorn
      • N•• R•••• H••••••••• 2••• G• S•••
        pooled vehicle sponsorn
      • N•• R•••• H••••••••• 2••• C•• L•
        pooled vehicle sponsorn
      • N•• R•••• H••••••••• I•••••••• B•
        pooled vehicle sponsorn
      • N•• R•••• U• L••
        pooled vehicle sponsorn
      • N•• R•••• U• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom1 employees
      • Mechelen, Belgium1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 5 to 6
        Mar 31, 2025 to Mar 30, 2026
      • Advisory employees · 6 to 5
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 5 to 6
        Mar 31, 2025 to Mar 30, 2026
      • Employees · 9 to 10
        Mar 31, 2025 to Mar 30, 2026
      • State-registered IARs · 1 to 0
        Mar 31, 2025 to Mar 30, 2026
      • Private funds · 5 to 6
        Mar 31, 2025 to Mar 30, 2026
      • Discretionary RAUM · $264M to $291M
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $264M to $291M
        Mar 31, 2025 to Mar 30, 2026
      • RAUM · $264M to $291M
        Mar 31, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        May 21, 2024 to Mar 31, 2025
      • Discretionary RAUM · $230M to $264M
        May 21, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $230M to $264M
        May 21, 2024 to Mar 31, 2025
      • RAUM · $230M to $264M
        May 21, 2024 to Mar 31, 2025
      • Employees · 10 to 9
        Mar 28, 2023 to Mar 28, 2024
      • Private funds · 4 to 5
        Mar 28, 2023 to Mar 28, 2024
      • Discretionary RAUM · $188M to $230M
        Mar 28, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $188M to $230M
        Mar 28, 2023 to Mar 28, 2024
      • RAUM · $188M to $230M
        Mar 28, 2023 to Mar 28, 2024
      • Advisory employees · 4 to 6
        Mar 28, 2022 to Mar 28, 2023
      • Employees · 5 to 10
        Mar 28, 2022 to Mar 28, 2023
      • State-registered IARs · 0 to 1
        Mar 28, 2022 to Mar 28, 2023
      • Private funds · 8 to 4
        Mar 28, 2022 to Mar 28, 2023
      • Discretionary RAUM · $152M to $188M
        Mar 28, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $152M to $188M
        Mar 28, 2022 to Mar 28, 2023
      • RAUM · $152M to $188M
        Mar 28, 2022 to Mar 28, 2023
      Signals
      2 dated events
      • William Robert Czesak (Chief Financial Officer) appeared on Schedule A of N•• R•••• H••••••••• I•••••••• L••
        Mar 28, 2024 · Control person joined · fact
      • N•• R•••• H••••••••• I•••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 28, 2022 · 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
      Website
      newrhein.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      (201) 674-9387reportedpublic 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