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

L••• F••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 304733SEC 801-119978websiteIAPD
Latest filing Jul 21, 2026
First filing on the tape Nov 16, 2020 · 14 filings
SEC status approved since Dec 14, 2020
RAUM
$615M
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
14
14 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
12
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$615M as of Jul 21, 2026
Mar 31, 2021$592M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 21, 2026
Mar 31, 20210 then
Employees (5.A)14 as of Jul 21, 2026
Mar 31, 202110 then
Private funds12 as of Jul 21, 2026
Mar 31, 20217 then
RAUM -23% over the last fiscal year-11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 21, 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
$51.2MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-23%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 pooled vehiclesreportedItem 5.G
Custody
$561M, 12 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
  • has custody of client cash or bank accounts (9.A.1.a)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$615M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
12reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$561M for 12 clientsreported
Compensation
% of AUM, fixed, 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
      11 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••• J••• R•••••• L•••••• · General Counsel (L•••) And Vice Chair Of The Board Of Managerscontrol
        since 12/2019 · owns less than 5%
      • D•••• T••••••• L••• · Interim Senior Vice Pres•••Nt (L•••) And Interim Pres•••Ntcontrol
        since 05/2024 · owns less than 5%
      • M••• C••••••••• E••••• · Executive Vice Pres•••Nt (L•••) And Managercontrol
        since 12/2020 · owns less than 5%
      • P•••• M••••••• T••••• · Chief Executive Officer And Pres•••Nt (L•••) And Chair Of The Board Of Managerscontrol
        since 10/2023 · owns less than 5%
      • T••••••• C••••••••• L••• K••• · Executive Vice Pres•••Nt And Chief Financial Officer (L•••) And Managercontrol
        since 11/2021 · owns less than 5%
      • B••••••• C•••••••• D•••• · Vice Pres•••Nt (L•••) And Treasurer
        since 08/2020 · owns less than 5%
      • P•••••• R••••••• E••••• · Associate General Counsel (L•••) And Secretary
        since 12/2019 · owns less than 5%
      • S•••• T•••••••• T••• · Associate General Counsel (L•••), Chief Compliance Officer, Assistant Secretary
        since 08/2020 · owns less than 5%
      Entity owners
      • L•••• I••••••••• S•••••• C••••••••• · Sole Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • B••••••••• I••••• S•••••••• L••
        pooled vehicle sponsorn
      • N••••••• E••••• F•••• I•••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Washington, DC4 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 17 to 14
        Dec 18, 2025 to Mar 31, 2026
      • Assets in custody · $797M to $561M
        Dec 18, 2025 to Mar 31, 2026
      • Employees · 17 to 14
        Dec 18, 2025 to Mar 31, 2026
      • Discretionary RAUM · $797M to $615M
        Dec 18, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $797M to $615M
        Dec 18, 2025 to Mar 31, 2026
      • RAUM · $797M to $615M
        Dec 18, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to May 2, 2025
      • Accounts · 11 to 12
        Jun 14, 2024 to Mar 31, 2025
      • Advisory employees · 10 to 17
        Jun 14, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 11 to 12
        Jun 14, 2024 to Mar 31, 2025
      • Assets in custody · $840M to $797M
        Jun 14, 2024 to Mar 31, 2025
      • Employees · 10 to 17
        Jun 14, 2024 to Mar 31, 2025
      • Private funds · 11 to 12
        Jun 14, 2024 to Mar 31, 2025
      • Discretionary RAUM · $840M to $797M
        Jun 14, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $840M to $797M
        Jun 14, 2024 to Mar 31, 2025
      • RAUM · $840M to $797M
        Jun 14, 2024 to Mar 31, 2025
      • Advisory employees · 20 to 10
        Apr 27, 2023 to Mar 29, 2024
      • Assets in custody · $879M to $840M
        Apr 27, 2023 to Mar 29, 2024
      • Employees · 27 to 10
        Apr 27, 2023 to Mar 29, 2024
      • Discretionary RAUM · $879M to $840M
        Apr 27, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $879M to $840M
        Apr 27, 2023 to Mar 29, 2024
      • RAUM · $879M to $840M
        Apr 27, 2023 to Mar 29, 2024
      • Accounts · 9 to 11
        Apr 29, 2022 to Mar 16, 2023
      • Advisory employees · 12 to 20
        Apr 29, 2022 to Mar 16, 2023
      • Pooled vehicle clients · 9 to 11
        Apr 29, 2022 to Mar 16, 2023
      • Assets in custody · $749M to $879M
        Apr 29, 2022 to Mar 16, 2023
      • Employees · 22 to 27
        Apr 29, 2022 to Mar 16, 2023
      • Private funds · 9 to 11
        Apr 29, 2022 to Mar 16, 2023
      • Discretionary RAUM · $749M to $879M
        Apr 29, 2022 to Mar 16, 2023
      • Pooled vehicle RAUM · $749M to $879M
        Apr 29, 2022 to Mar 16, 2023
      • RAUM · $749M to $879M
        Apr 29, 2022 to Mar 16, 2023
      • Accounts · 7 to 9
        Mar 31, 2021 to Mar 3, 2022
      • Advisory employees · 3 to 12
        Mar 31, 2021 to Mar 3, 2022
      • Pooled vehicle clients · 7 to 9
        Mar 31, 2021 to Mar 3, 2022
      • Assets in custody · $592M to $749M
        Mar 31, 2021 to Mar 3, 2022
      • Employees · 10 to 22
        Mar 31, 2021 to Mar 3, 2022
      • Private funds · 7 to 9
        Mar 31, 2021 to Mar 3, 2022
      • Discretionary RAUM · $592M to $749M
        Mar 31, 2021 to Mar 3, 2022
      • Pooled vehicle RAUM · $592M to $749M
        Mar 31, 2021 to Mar 3, 2022
      • RAUM · $592M to $749M
        Mar 31, 2021 to Mar 3, 2022
      Signals
      8 dated events
      • T••••• M•••••• P••• (Chief Executive Officer And President (Lisc) And Chair Of The Board Of Managers) appeared on Schedule A of L••• F••• M••••••••• L••
        Jun 14, 2024 · Control person joined · fact
      • L••• K••• C•••••••• T•••••• (Executive Vice President And Chief Financial Officer (Lisc) And Manager) appeared on Schedule A of L••• F••• M••••••••• L••
        Jun 14, 2024 · Control person joined · fact
      • E••••• C•••••••• Max (Executive Vice President (Lisc) And Manager) appeared on Schedule A of L••• F••• M••••••••• L••
        Jun 14, 2024 · Control person joined · fact
      • L••• T•••••• D••• (Interim Senior Vice President (Lisc) And Interim President) appeared on Schedule A of L••• F••• M••••••••• L••
        Jun 14, 2024 · Control person joined · fact
      • L•••••• R••••• Jr. C••••• (General Counsel (Lisc) And Vice Chair Of The Board Of Managers) appeared on Schedule A of L••• F••• M••••••••• L••
        Mar 29, 2024 · Control person joined · fact
      • L••• F••• M••••••••• L•• reported RAUM $748.9M, up 27% from $591.5M (2021-03-31 to 2022-03-03)
        Mar 3, 2022 · RAUM change · derived
      • L••• F••• M••••••••• L•• reported RAUM $591.5M, up 227% from $181.0M (2020-11-16 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • L••• F••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Nov 16, 2020 · 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/local-initiatives-support-corporation-lreportedpublic record, Form ADV, Sep 18, 2026
      Firm profile
      linkedin.com/company/lisc-fund-managementreportedpublic record, Form ADV, Sep 18, 2026
      Website
      lisc.orgreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-455-9800reportedpublic record, Form ADV, Jul 21, 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
      Across the graphs

      L••• F••• M••••••••• L•• 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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