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••••••• B••
Legal name S••••••• B•• I••••••••• M••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Mar 25, 2020 · 14 filings
SEC status approved since Apr 23, 2020
RAUM
$2.1B
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$2.1B
derived; firm RAUM over IAPD count
Employees
69
43 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$2.1B as of Mar 31, 2026
Mar 31, 2021$441M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 31, 20210 then
Employees (5.A)69 as of Mar 31, 2026
Mar 31, 202131 then
Private funds1 as of Mar 31, 2026
Mar 31, 20216 then
RAUM -1.2% over the last fiscal year+28% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $2.1BderivedRAUM 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
- $261MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 95%derivedof RAUM
- Institutional
- 0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 69.0derivedItem 5.A over advisors
- Advisors per office
- 0.3derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- -1.2%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%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 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)
- 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$2.1B100%
- State and municipal entities$5.0M0.2%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 8reported
- Financial planning clients
- 0reported
- 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
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| S••••••• J•• R•••• | Salt Lake City, Ut | May 25, 2021 | 45 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
8 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| S••••••• D••• P•••••••• L•no longer reported | Real Estate Fund | $512M | 1,390 | Apr 30, 2019 |
| S•• R•••• L••no longer reported | Real Estate Fund | $512M | 126 | Apr 30, 2019 |
| S••••••• B•• I••••• A•• G••••• O•• L•no longer reported | Real Estate Fund | $148M | 64 | Mar 31, 2021 |
| S••••••• B•• I••••• A•• G••••• R•••• L••no longer reported | Real Estate Fund | $100M | 126 | Mar 31, 2022 |
| S••••••• B•• I••••• A•• G••••• F•••• L•no longer reported | Real Estate Fund | $100.0M | 252 | Mar 31, 2021 |
| S•• F•••••••• 2•••• L•no longer reported | Real Estate Fund | $34.0M | 1 | Mar 31, 2021 |
| S••••••• M•• I•••••• L•• | Real Estate Fund | $25.3M | 60 | Apr 30, 2021 |
| S••••••• B•• D••• O••••••••• F•••• L•••no longer reported | Real Estate Fund | $0 | 1 | Mar 31, 2021 |
Owners and control persons
Schedule A and B, latest filing
- B•••••••• R•••• J••••• · Managercontrolsince 10/2022 · owns less than 5%
- M•••••• A••• E•••••••• · Chief Compliance Officercontrolsince 06/2021 · owns less than 5%
- N••••• M••••••• C•••• · Managercontrolsince 10/2022 · owns less than 5%
- R•••••• M••••••• S•••• · Managercontrolsince 10/2022 · owns less than 5%
- S••••• B•••• · General Counselcontrolsince 10/2021 · owns less than 5%
- B•••••••• R•••• J••••• · Manager/Membercontrolsince 01/2021 · owns F of S••••••• B•• H•••••••• L••
- M••••••• M•••• D••• · Managercontrolsince 01/2021 · owns F of S••••••• B•• H•••••••• L••
- N••••• M••••••• C•••• · Manager/Membercontrolsince 01/2021 · owns F of S••••••• B•• H•••••••• L••
- R••••• S•••••••• J•• · Managercontrolsince 01/2021 · owns F of S••••••• B•• H•••••••• L••
- R•••••• C••••• E••••• · Managercontrolsince 01/2021 · owns F of S••••••• B•• H•••••••• L••
- R•••••• M••••••• S•••• · Manager/Membercontrolsince 01/2021 · owns F of S••••••• B•• H•••••••• L••
Entity owners
- S••••••• B•• H•••••••• L•• · Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- R••• E•••••• L••pooled vehicle sponsorn
- S•• M••••••••• R••••••••• C•••••• I•••real estaten
- S••••••• B•• D••• O••••••••• F••• I• G•• L••pooled vehicle sponsorn
- S••••••• B•• D••• P••••••• G•• L••pooled vehicle sponsorn
- S••••••• B•• I••••• A•• G••••• F••• G•• L••pooled vehicle sponsorn
- S••••••• B•• N•• L•••• I••••••••• 2• L••pooled vehicle sponsorn
- S••••••• B•• N•• L•••• I••••••••• L••pooled vehicle sponsorn
- S••••••• B•• T••••• L•••••••• I••••••••• L••real estaten
Offices
Schedule D 1.F, the 25 largest
- San Diego, CA1 employees
What changed
consecutive filings, newest first
- Advisory employees · 42 to 43Mar 31, 2025 to Mar 31, 2026
- Employees · 70 to 69Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $2.0B to $2.0BMar 31, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $127M to $96.7MMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $2.1B to $2.1BMar 31, 2025 to Mar 31, 2026
- RAUM · $2.1B to $2.1BMar 31, 2025 to Mar 31, 2026
- Accounts · 6 to 8Mar 29, 2024 to Mar 31, 2025
- Advisory activities · 1 to 2Mar 29, 2024 to Mar 31, 2025
- Pooled vehicle clients · 6 to 7Mar 29, 2024 to Mar 31, 2025
- Employees · 72 to 70Mar 29, 2024 to Mar 31, 2025
- Financial planning clients · 0 to 0Mar 29, 2024 to Mar 31, 2025
- State-registered IARs · 0 to 1Mar 29, 2024 to Mar 31, 2025
- Other offices · 1 to 2Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.9B to $2.0BMar 29, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $92.7M to $127MMar 29, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $2.0B to $2.1BMar 29, 2024 to Mar 31, 2025
- RAUM · $2.0B to $2.1BMar 29, 2024 to Mar 31, 2025
- Advisory employees · 48 to 42Mar 31, 2023 to Mar 29, 2024
- Employees · 78 to 72Mar 31, 2023 to Mar 29, 2024
- Other offices · 2 to 1Mar 31, 2023 to Mar 29, 2024
- Discretionary RAUM · $888M to $1.9BMar 31, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $99.4M to $92.7MMar 31, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $988M to $2.0BMar 31, 2023 to Mar 29, 2024
- RAUM · $988M to $2.0BMar 31, 2023 to Mar 29, 2024
- Accounts · 8 to 6Oct 13, 2022 to Mar 31, 2023
- Advisory employees · 37 to 48Oct 13, 2022 to Mar 31, 2023
- Pooled vehicle clients · 8 to 6Oct 13, 2022 to Mar 31, 2023
- Assets in custody · $684M to $0Oct 13, 2022 to Mar 31, 2023
- Employees · 61 to 78Oct 13, 2022 to Mar 31, 2023
- Private funds · 8 to 1Oct 13, 2022 to Mar 31, 2023
- Discretionary RAUM · $684M to $888MOct 13, 2022 to Mar 31, 2023
- Non-discretionary RAUM · $34.0M to $99.4MOct 13, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $718M to $988MOct 13, 2022 to Mar 31, 2023
- RAUM · $718M to $988MOct 13, 2022 to Mar 31, 2023
- Other offices · 1 to 2Mar 31, 2022 to Oct 13, 2022
- Accounts · 7 to 8Jan 21, 2022 to Mar 31, 2022
- Advisory employees · 31 to 37Jan 21, 2022 to Mar 31, 2022
- Pooled vehicle clients · 7 to 8Jan 21, 2022 to Mar 31, 2022
- Assets in custody · $427M to $684MJan 21, 2022 to Mar 31, 2022
- Employees · 47 to 61Jan 21, 2022 to Mar 31, 2022
Signals
9 dated events
- S••••••• B•• reported RAUM $2.0B, up 105% from $987.8M (2023-03-31 to 2024-03-29)Mar 29, 2024 · RAUM change · derived
- S••••••• B•• reported RAUM $987.8M, up 38% from $718.0M (2022-10-13 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- Spongberg Connie Ricks (Principal) no longer on Schedule A of S••••••• B•• (listed 2022-03-31, absent 2022-10-13)Oct 13, 2022 · Control person left · inference
- S••••••• B•• reported RAUM $718.0M, up 56% from $461.3M (2022-01-21 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Bryan Swiss (General Counsel) appeared on Schedule A of S••••••• B••Jan 21, 2022 · Control person joined · fact
- Elizabeth Ann Mastic (Chief Compliance Officer) appeared on Schedule A of S••••••• B••Jul 30, 2021 · Control person joined · fact
- S••••••• B•• reported RAUM $441.1M, up 63% from $270.4M (2021-02-11 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- S•••••• J••• P••••••••• (Chief Compliance Officer) no longer on Schedule A of S••••••• B•• (listed 2•••-03-25, absent 2021-02-11)Feb 11, 2021 · Control person left · inference
- S••••••• B•• filed its initial SEC registration (Form ADV)2•••-03-25 · 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
- Firm profile
- linkedin.com/company/sundance-bayreportedpublic record, Form ADV, Sep 18, 2026
- Website
- sundancebay.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 801-783-3430reportedpublic 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 M••••••deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $2.1Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
S••••••• B•• is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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