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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

S••••• G•••• A•••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 304725SEC 801-126280websiteIAPD
Latest filing Jun 22, 2026
First filing on the tape Jun 29, 2022 · 19 filings
SEC status approved since Aug 3, 2022
RAUM
$5.8B
reported, Item 5.F
Discretionary
93%
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
51
19 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
9
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$5.8B as of Jun 22, 2026
Mar 30, 2023$942M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 22, 2026
Mar 30, 20230 then
Employees (5.A)51 as of Jun 22, 2026
Mar 30, 202323 then
Private funds9 as of Jun 22, 2026
Mar 30, 20234 then
RAUM +61% over the last fiscal year+84% a year over threeIARs 0 to 0offices 1 to 3
Practice profile
derived from the filing of Jun 22, 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
$343MderivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
14%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
+61%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-based, otherreportedItem 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
  • 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)
  • 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$4.7B81%
  • Insurance companies$836M14%
  • Banks and thrifts$294M5.0%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
17reported
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=0.14 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)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••••• B••••• E• · Portfolio Managercontrol
        since 06/2019 · owns less than 5%
      • C•••• T••••••• E••••• · Ciocontrol
        since 06/2019 · owns less than 5%
      • C••••• R•••• J••••• · Chief Executive Officercontrol
        since 06/2019 · owns less than 5%
      • C••••• R•••• J••••• · Managing Membercontrol
        since 06/2021 · owns 75% or more of S••••• G•••• I••••••••• L••
      • A••••••• A••••• · Cto
        since 02/2024 · owns less than 5%
      • B••• D••••••• L••• · Cco
        since 08/2022 · owns less than 5%
      • H••••• R•••••• R•••••• · Coo
        since 06/2024 · owns less than 5%
      • S•••••••• D••••• N•• · Cfo
        since 08/2023 · owns less than 5%
      Entity owners
      • S••••• G•••• H••••••• L•• · Member
        direct · owns 75% or more
      • S••••• G•••• I••••••••• L•• · Member
        indirect · owns 75% or more of S••••• G•••• H••••••• L••
      Related persons
      Schedule D 7.A
      • S••••• G•••• A••••••••• L•••••• • F•••••• G••••• F••• I• G• L••
        pooled vehicle sponsory
      • S••••• G•••• O••••••••• F••• G• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • Aspen, CO1 employees
      What changed
      consecutive filings, newest first
      • Private funds · 8 to 9
        Mar 30, 2026 to May 27, 2026
      • Advisory employees · 21 to 19
        Oct 9, 2025 to Mar 30, 2026
      • Employees · 45 to 51
        Oct 9, 2025 to Mar 30, 2026
      • Discretionary RAUM · $5.7B to $5.4B
        Oct 9, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $204M to $432M
        Oct 9, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $4.7B to $4.7B
        Oct 9, 2025 to Mar 30, 2026
      • RAUM · $5.9B to $5.8B
        Oct 9, 2025 to Mar 30, 2026
      • Other offices · 2 to 3
        Aug 26, 2025 to Oct 9, 2025
      • Accounts · 12 to 17
        Jun 30, 2025 to Aug 26, 2025
      • Pooled vehicle clients · 10 to 15
        Jun 30, 2025 to Aug 26, 2025
      • Other offices · 1 to 2
        Jun 30, 2025 to Aug 26, 2025
      • Discretionary RAUM · $3.6B to $5.7B
        Jun 30, 2025 to Aug 26, 2025
      • Non-discretionary RAUM · $15.0M to $204M
        Jun 30, 2025 to Aug 26, 2025
      • Pooled vehicle RAUM · $2.6B to $4.7B
        Jun 30, 2025 to Aug 26, 2025
      • RAUM · $3.6B to $5.9B
        Jun 30, 2025 to Aug 26, 2025
      • Financial planning clients · unset to
        May 9, 2025 to Jun 30, 2025
      • Private funds · 7 to 8
        Mar 31, 2025 to May 9, 2025
      • Accounts · 6 to 12
        Feb 25, 2025 to Mar 31, 2025
      • Advisory employees · 14 to 21
        Feb 25, 2025 to Mar 31, 2025
      • Advisory activities · 1 to 2
        Feb 25, 2025 to Mar 31, 2025
      • Pooled vehicle clients · 6 to 10
        Feb 25, 2025 to Mar 31, 2025
      • Employees · 32 to 45
        Feb 25, 2025 to Mar 31, 2025
      • Discretionary RAUM · $2.6B to $3.6B
        Feb 25, 2025 to Mar 31, 2025
      • Non-discretionary RAUM · $0 to $15.0M
        Feb 25, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $2.6B to $2.6B
        Feb 25, 2025 to Mar 31, 2025
      • RAUM · $2.6B to $3.6B
        Feb 25, 2025 to Mar 31, 2025
      • Related adviser · false to true
        Feb 25, 2025 to Mar 31, 2025
      • Private funds · 6 to 7
        Jul 1, 2024 to Feb 25, 2025
      • Private funds · 5 to 6
        Mar 28, 2024 to Jul 1, 2024
      • Accounts · 7 to 6
        Feb 16, 2024 to Mar 28, 2024
      • Advisory employees · 12 to 14
        Feb 16, 2024 to Mar 28, 2024
      • Pooled vehicle clients · 7 to 6
        Feb 16, 2024 to Mar 28, 2024
      • Employees · 23 to 32
        Feb 16, 2024 to Mar 28, 2024
      • Private funds · 4 to 5
        Feb 16, 2024 to Mar 28, 2024
      • Discretionary RAUM · $1.2B to $2.6B
        Feb 16, 2024 to Mar 28, 2024
      • Pooled vehicle RAUM · $1.2B to $2.6B
        Feb 16, 2024 to Mar 28, 2024
      • RAUM · $1.2B to $2.6B
        Feb 16, 2024 to Mar 28, 2024
      • Discretionary RAUM · $942M to $1.2B
        Mar 30, 2023 to Jun 7, 2023
      • Pooled vehicle RAUM · $942M to $1.2B
        Mar 30, 2023 to Jun 7, 2023
      • RAUM · $942M to $1.2B
        Mar 30, 2023 to Jun 7, 2023
      Signals
      6 dated events
      • S••••• G•••• A•••• M••••••••• L•• reported RAUM $5.9B, up 62% from $3.6B (2025-06-30 to 2025-08-26)
        Aug 26, 2025 · RAUM change · derived
      • S••••• G•••• A•••• M••••••••• L•• reported RAUM $3.6B, up 39% from $2.6B (2025-02-25 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • S••••• G•••• A•••• M••••••••• L•• reported RAUM $2.6B, up 109% from $1.2B (2024-02-16 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • S••••• G•••• A•••• M••••••••• L•• reported RAUM $1.2B, up 32% from $942.1M (2023-03-30 to 2023-06-07)
        Jun 7, 2023 · RAUM change · derived
      • S••••• G•••• A•••• M••••••••• L•• reported RAUM $942.1M, up 74% from $543.0M (2022-10-21 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • S••••• G•••• A•••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 29, 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
      Firm profile
      linkedin.com/company/saluda-gradereportedpublic record, Form ADV, Sep 18, 2026
      Website
      s•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      1 646 974 8560reportedpublic record, Form ADV, Jun 22, 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