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
F•• A••••••• L•
Latest filing Mar 25, 2026
First filing on the tape Jul 12, 2024 · 8 filings
SEC status approved since Sep 26, 2024
RAUM
$366M
reported, Item 5.F
Discretionary
81%
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
8
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$366M as of Mar 25, 2026
Apr 3, 2025$419M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Apr 3, 20250 then
Employees (5.A)8 as of Mar 25, 2026
Apr 3, 20258 then
Private funds2 as of Mar 25, 2026
Apr 3, 20252 then
RAUM -12% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 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
- $28.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 81%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
- -12%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
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- 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$298M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 13reported
- 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=0.81 institutional_share=0.0 related_bd=false related_bank=true 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 |
|---|---|---|---|---|
| F•• D••• M••••• F••• I• L•• | Hedge Fund | $295M | 21 | Nov 29, 2022 |
Owners and control persons
Schedule A and B, latest filing
- N••••••• H•••••• E••••• · Ceo, Cio And L•••••• Partnercontrolsince 01/2019 · owns 25% to 50%
- N••••••• T•••• A••• · Chief Compliance Officer & Chief Operating Officercontrolsince 07/2022 · owns less than 5%
- P•••••• S•••••• M•••••• · Presidentcontrolsince 01/2019 · owns 5% to 10%
- C••••••••• M•••• B•••••• · Membercontrolsince 11/2020 · owns 25% to 50% of R•••••• G• L••
- C••••••••• M•••• B•••••• · Membercontrolsince 11/2020 · owns 25% to 50% of B••••••••• G• L••
- F•••••• P••••••• M•••••• · Membercontrolsince 11/2020 · owns 25% to 50% of R•••••• G• L••
- F•••••• P••••••• M•••••• · Membercontrolsince 11/2020 · owns 25% to 50% of B••••••••• G• L••
- K•••••• M•••• · Trusteecontrolsince 12/2018 · owns F of P••• E• S••••• F••••• T•••• I••
- N••••••• H•••••• E••••• · Membercontrolsince 01/2019 · owns 75% or more of F•• M••••••••• L••
- N••••••• H•••••• E••••• · L•••••• Partnercontrolsince 01/2019 · owns 25% to 50% of F•• A••••••• L•
- P••••••• J•••••••• D• · Membercontrolsince 02/2018 · owns 25% to 50% of R•••••• G• L••
- P••••••• J•••••••• D• · Membercontrolsince 02/2018 · owns 25% to 50% of B••••••••• G• L••
- S•••••• G•••••• M•••••• · Trusteecontrolsince 12/2018 · owns F of P••• E• S••••• F••••• T•••• I••
- S•••••• P•••• E•••••• · Member, Presidentcontrolsince 03/2017 · owns F of E•••••• I••••••••• S•••••• G•• L••
- S•••••• P•••• E•••••• · Managing Member, Presidentcontrolsince 02/2003 · owns 75% or more of E•••••• A•••• M••••••••• L••
- S•••••• P•••• E•••••• · Managing Member, Presidentcontrolsince 12/2018 · owns F of E•••••• I••••••••• A••••••• G• L••
- S•••••• P•••• E•••••• · President, Director, Shareholdercontrolsince 04/1997 · owns 75% or more of B•••••• A••••••••• I••
- S•••••• P•••• E•••••• · Managing Member, Presidentcontrolsince 03/2017 · owns 75% or more of E•••••• A••••••• G• L••
Entity owners
- F•• A••••••• L• · L•••••• Partnerdirect · owns 75% or more
- F•• M••••••••• L•• · General Partnerdirect · owns less than 5%
- B••••••••• G• L•• · General Partnerindirect · owns F of P••••••••• G•••• H•••••••• L•
- B•••••• A••••••••• I•• · General Partnerindirect · owns F of E•••••• C•••••• A•••••••• L•••
- E•••••• A••••••• G• L•• · General Partnerindirect · owns F of E•••••• C•••••• A•••••••• L•••
- E•••••• A•••• M••••••••• L•• · General Partnerindirect · owns F of E•••••• C•••••• A•••••••• L•••
- E•••••• I••••••••• A••••••• G• L•• · Manager, Class A Memberindirect · owns 50% to 75% of E•••••• I••••••••• S•••••• G•• L••
- E•••••• I••••••••• L••• · Shareholderindirect · owns 75% or more of V••••••• I••••••••• S•••••• •••••••••
- E•••••• I••••••••• L•••••• · L•••••• Partnerindirect · owns 75% or more of E•••••• I••••••••• L•••
- E•••••• I••••••••• S•••••• G•• L•• · Class A Shareholderindirect · owns 75% or more of H••••••••• I••
- H••••••••• I•• · General Partnerindirect · owns F of E•••••• I••••••••• L•••
- P•• F••••••••• I••••••••• I•• · L•••••• Partnerindirect · owns 50% to 75% of F•• A••••••• L•
- P•• I••••••••• H••••• S•••••• · L•••••• Partnerindirect · owns 75% or more of P•• S•••••••• P•••••••• L•••
- P•• S•••••••• P•••••••• L••• · Shareholderindirect · owns 75% or more of P•• F••••••••• I••••••••• I••
- P••• E• S••••• F••••• T•••• I•• · Managing Memberindirect · owns 75% or more of P•••• I•• E• L••
- P••••••••• G•••• H••••••• L••• · Shareholderindirect · owns 75% or more of P•• S•••••••• P•••••••• L•••
- R•••••• G• L•• · General Partnerindirect · owns F of V••••••• H••••••• L••
- V••••••• H••••••• L•• · L•••••• Partnerindirect · owns 75% or more of P••••••••• G•••• H••••••• L•••
- V••••••• I••••••••• S•••••• ••••••••• · L•••••• Partnerindirect · owns 50% to 75% of V••••••• H••••••• L••
- E•••••• C•••••• A•••••••• L••• · Class C Shareholderindirect · owns 75% or more of H••••••••• I••
Related persons
Schedule D 7.A
- F•• A••••••• L•investment advisernRAUM $1.3B
- F•• G• L••pooled vehicle sponsorn
Advisers that list F•• A••••••• L• as a related person
- 290182 n
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 11 to 13Oct 15, 2025 to Mar 25, 2026
- Pooled vehicle clients · 8 to 10Oct 15, 2025 to Mar 25, 2026
- Discretionary RAUM · $345M to $298MOct 15, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $73.2M to $68.5MOct 15, 2025 to Mar 25, 2026
- Pooled vehicle RAUM · $345M to $298MOct 15, 2025 to Mar 25, 2026
- RAUM · $419M to $366MOct 15, 2025 to Mar 25, 2026
- Accounts · 8 to 11Nov 18, 2024 to Apr 3, 2025
- Pooled vehicle clients · 4 to 8Nov 18, 2024 to Apr 3, 2025
- Financial planning clients · unset to Nov 18, 2024 to Apr 3, 2025
- Private funds · 1 to 2Nov 18, 2024 to Apr 3, 2025
- Discretionary RAUM · $361M to $345MNov 18, 2024 to Apr 3, 2025
- Non-discretionary RAUM · $84.7M to $73.2MNov 18, 2024 to Apr 3, 2025
- Pooled vehicle RAUM · $361M to $345MNov 18, 2024 to Apr 3, 2025
- RAUM · $446M to $419MNov 18, 2024 to Apr 3, 2025
Signals
1 dated events
- F•• A••••••• L• filed its initial SEC registration (Form ADV)Jul 12, 2024 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- F•• A••••••• L• · Independent Sponsorsshared crd · capital_provider
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/foundation-creditreportedpublic record, Form ADV, Sep 19, 2026
- Website
- f•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 646-467-8050reportedpublic record, Form ADV, Mar 25, 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