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

B••••••••• L•

Other adviserNew York, New YorkCRD 304295SEC 801-117171websiteIAPD
Latest filing Aug 17, 2026
First filing on the tape Jul 15, 2019 · 20 filings
SEC status approved since Aug 12, 2019
RAUM
$2.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
17%
$425M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$2.4B as of Aug 17, 2026
Mar 30, 2020$2.9B then
HNW client RAUM$405M as of Mar 28, 2025
Mar 30, 2020$554M then
State-registered IARs (5.B.3)0 as of Aug 17, 2026
Mar 30, 20200 then
Employees (5.A)12 as of Aug 17, 2026
Mar 30, 20207 then
Private funds5 as of Aug 17, 2026
Mar 30, 20203 then
RAUM +9.1% over the last fiscal year+2.5% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 17, 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
$42.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
38%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
+9.1%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$809M, 4 clientsreportedItem 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
  • buys or sells securities as principal to or from clients (8.A.2)
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.0B41%
  • Charitable organizations$936M38%
  • Individuals$425M17%
  • Corporations and businesses$66.6M2.7%
Individual clients
33reported
HNW clients
n/areported
Pension plan clients
0reported
Charitable clients
6reported
Accounts
57reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$809M for 4 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.17 fund_share=0.41 institutional_share=0.38 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
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B••••••••• U•• L••Private Equity Fund$355M13Mar 23, 2021
      2• A•••• F•••• L•••Hedge Fund$333M7Mar 31, 2014
      2• A•••• F•••• L•••Hedge Fund$146M16Mar 30, 2012
      B••••••••• P•••••• I••••••••• L••Private Equity Fund$53.6M12Mar 23, 2021
      C•••••••• E••••• P•••••••• L•no longer reportedHedge Fund$26.8M2Apr 28, 2022
      B••••••••• M••••• F•••• L•••no longer reportedHedge Fund$4.1M2Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • G•••••••• A•••••• S•••••• · President, Co-Ceo And Chief Compliance Officercontrol
        since 07/2019 · owns less than 5%
      • K•••••• M••••••• M•• · Chairman And Co-Ceocontrol
        since 07/2019 · owns less than 5%
      • G•••••••• A•••••• S•••••• · Trusteecontrol
        since 07/2019 · owns F of A•• 2••• I••• T•
      • K•••••• C•••••••• L• · Trusteecontrol
        since 11/2014 · owns F of N••• G•••••••• 2••• T••••
      • K•••••• C••••••••• N• · Trusteecontrol
        since 11/2014 · owns F of N••• G•••••••• 2••• T••••
      • K•••••• M••••••• M•• · Trusteecontrol
        since 07/2019 · owns F of A•• 2••• I••• T•
      • K•••••• M••••••• M•• · Trusteecontrol
        since 11/2014 · owns F of N••• G•••••••• 2••• T••••
      Entity owners
      • B••••••••• H••••••• L•• · General Partner
        direct · owns 75% or more
      • A•• 2••• I••• T• · Member
        indirect · owns 50% to 75% of B••••••••• H••••••• L••
      • N••• G•••••••• 2••• T•••• · Member
        indirect · owns 50% to 75% of B••••••••• H••••••• L••
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 6 to 10
        Mar 16, 2026 to Aug 17, 2026
      • Employees · 7 to 12
        Mar 16, 2026 to Aug 17, 2026
      • Related adviser · false to true
        Mar 16, 2026 to Aug 17, 2026
      • Accounts · 56 to 57
        Mar 28, 2025 to Mar 16, 2026
      • Advisory employees · 5 to 6
        Mar 28, 2025 to Mar 16, 2026
      • HNW clients · 32.0 to unset
        Mar 28, 2025 to Mar 16, 2026
      • Individual clients · 0 to 33
        Mar 28, 2025 to Mar 16, 2026
      • Assets in custody · $737M to $809M
        Mar 28, 2025 to Mar 16, 2026
      • Discretionary RAUM · $2.2B to $2.4B
        Mar 28, 2025 to Mar 16, 2026
      • HNW RAUM · 404900007.0 to unset
        Mar 28, 2025 to Mar 16, 2026
      • Individual RAUM · unset to 425323694.0
        Mar 28, 2025 to Mar 16, 2026
      • Pooled vehicle RAUM · $888M to $1.0B
        Mar 28, 2025 to Mar 16, 2026
      • RAUM · $2.2B to $2.4B
        Mar 28, 2025 to Mar 16, 2026
      • Related adviser · true to false
        Mar 28, 2025 to Mar 16, 2026
      • Accounts · 60 to 56
        Oct 31, 2024 to Mar 28, 2025
      • Advisory employees · 6 to 5
        Oct 31, 2024 to Mar 28, 2025
      • Corporate clients · 14 to 13
        Oct 31, 2024 to Mar 28, 2025
      • HNW clients · 36 to 32
        Oct 31, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 4 to 5
        Oct 31, 2024 to Mar 28, 2025
      • Assets in custody · $741M to $737M
        Oct 31, 2024 to Mar 28, 2025
      • Employees · 8 to 7
        Oct 31, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Oct 31, 2024 to Mar 28, 2025
      • Private funds · 4 to 5
        Oct 31, 2024 to Mar 28, 2025
      • Discretionary RAUM · $2.2B to $2.2B
        Oct 31, 2024 to Mar 28, 2025
      • HNW RAUM · $364M to $405M
        Oct 31, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $887M to $888M
        Oct 31, 2024 to Mar 28, 2025
      • RAUM · $2.2B to $2.2B
        Oct 31, 2024 to Mar 28, 2025
      • Assets in custody · $748M to $741M
        Sep 5, 2024 to Oct 31, 2024
      • Accounts · 59 to 60
        Mar 29, 2023 to Mar 28, 2024
      • Corporate clients · 13 to 14
        Mar 29, 2023 to Mar 28, 2024
      • HNW clients · 35 to 36
        Mar 29, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 5 to 4
        Mar 29, 2023 to Mar 28, 2024
      • Assets in custody · $784M to $748M
        Mar 29, 2023 to Mar 28, 2024
      • Private funds · 5 to 4
        Mar 29, 2023 to Mar 28, 2024
      • Discretionary RAUM · $2.3B to $2.2B
        Mar 29, 2023 to Mar 28, 2024
      • HNW RAUM · $343M to $364M
        Mar 29, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $867M to $887M
        Mar 29, 2023 to Mar 28, 2024
      • RAUM · $2.3B to $2.2B
        Mar 29, 2023 to Mar 28, 2024
      • Advisory employees · 8 to 6
        Apr 28, 2022 to Mar 29, 2023
      • Charity clients · 5 to 6
        Apr 28, 2022 to Mar 29, 2023
      Signals
      2 dated events
      • B••••••••• L• reported RAUM $2.9B, up 29% from $2.2B (2021-09-23 to 2022-03-25)
        Mar 25, 2022 · RAUM change · derived
      • B••••••••• L• filed its initial SEC registration (Form ADV)
        Jul 15, 2019 · 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
      b•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      (212) 984-3815reportedpublic record, Form ADV, Aug 17, 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
      Other adviserderiveda 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