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••••••••

Independent wealth managerBethesda, MarylandCRD 305002SEC 801-117324websiteIAPD
Legal name T•• L••• • G••••••••• G••••• I•••
Latest filing Jul 17, 2026
First filing on the tape Aug 13, 2019 · 16 filings
SEC status approved since Sep 12, 2019
RAUM
$564M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$557M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$282M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$564M as of Jul 17, 2026
Jan 10, 2020$406M then
HNW client RAUM$520M as of Jul 17, 2026
Jan 10, 2020$326M then
State-registered IARs (5.B.3)2 as of Jul 17, 2026
Jan 10, 20202 then
Employees (5.A)3 as of Jul 17, 2026
Jan 10, 20203 then
Private funds: no history
RAUM +7.4% over the last fiscal year+6.2% a year over threeIARs 2 to 2offices 1 to 2
Practice profile
derived from the filing of Jul 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$282MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
121derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$629,337derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+7.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-20%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$564MreportedItem 5.I
Custody
$64.8M, 7 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$520M92%
  • Individuals$36.6M6.5%
  • Pension and profit-sharing plans$5.7M1.0%
  • Charitable organizations$1.3M0.2%
Individual clients
89reported
HNW clients
152reported
Pension plan clients
9reported
Charitable clients
n/areported
Accounts
896reported
Financial planning clients
101-250reported
Wrap fee programs
$38.4M sponsored, $0 managedreported
Custody of client assets
$64.8M for 7 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B•••• C•••• L•••Bethesda, Md Oct 1, 201929 y5
D•••• M•••••• G•••••••••Bethesda, MdOct 31, 201928 y5
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
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • G••••••••• D••••• M•••••• · Partner And Chief Compliance Officercontrol
      since 08/2019 · owns 50% to 75%
    • L•••• B••••• C•••• · Partnercontrol
      since 08/2019 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Bethesda, Md · principal200
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • clients down average size upCombination · filing Jan 23, 2026
      private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $525,238,986 to $563,886,399, advisors 2 to 2, private clients 302 to 241, offices 1 to 1 (2025-02-27 to 2026-01-23)
      peers: independent wealth managers, $500M to $1B (1,482)
    What changed
    consecutive filings, newest first
    • Other offices · 1 to 2
      Jan 23, 2026 to Jul 17, 2026
    • Accounts · 827 to 896
      Sep 29, 2025 to Jan 23, 2026
    • Corporate clients · 6.0 to unset
      Sep 29, 2025 to Jan 23, 2026
    • HNW clients · 141 to 152
      Sep 29, 2025 to Jan 23, 2026
    • Individual clients · 161 to 89
      Sep 29, 2025 to Jan 23, 2026
    • Pension plan clients · 6 to 9
      Sep 29, 2025 to Jan 23, 2026
    • Assets in custody · $4.3M to $64.8M
      Sep 29, 2025 to Jan 23, 2026
    • Discretionary RAUM · $515M to $564M
      Sep 29, 2025 to Jan 23, 2026
    • HNW RAUM · $473M to $520M
      Sep 29, 2025 to Jan 23, 2026
    • Individual RAUM · $47.4M to $36.6M
      Sep 29, 2025 to Jan 23, 2026
    • Non-discretionary RAUM · $9.9M to $0
      Sep 29, 2025 to Jan 23, 2026
    • Pension RAUM · $3.1M to $5.7M
      Sep 29, 2025 to Jan 23, 2026
    • RAUM · $525M to $564M
      Sep 29, 2025 to Jan 23, 2026
    • Wrap assets (sponsor) · $39.8M to $38.4M
      Sep 29, 2025 to Jan 23, 2026
    • Accounts · 759 to 827
      Feb 22, 2024 to Feb 27, 2025
    • Corporate clients · unset to 6.0
      Feb 22, 2024 to Feb 27, 2025
    • HNW clients · 137 to 141
      Feb 22, 2024 to Feb 27, 2025
    • Individual clients · 155 to 161
      Feb 22, 2024 to Feb 27, 2025
    • Pension plan clients · unset to 6.0
      Feb 22, 2024 to Feb 27, 2025
    • Assets in custody · $23.2M to $4.3M
      Feb 22, 2024 to Feb 27, 2025
    • Financial planning clients · 101-250 to 101-250
      Feb 22, 2024 to Feb 27, 2025
    • Discretionary RAUM · $483M to $515M
      Feb 22, 2024 to Feb 27, 2025
    • HNW RAUM · $438M to $473M
      Feb 22, 2024 to Feb 27, 2025
    • Individual RAUM · $51.9M to $47.4M
      Feb 22, 2024 to Feb 27, 2025
    • Non-discretionary RAUM · $9.4M to $9.9M
      Feb 22, 2024 to Feb 27, 2025
    • Pension RAUM · $2.8M to $3.1M
      Feb 22, 2024 to Feb 27, 2025
    • RAUM · $493M to $525M
      Feb 22, 2024 to Feb 27, 2025
    • Wrap assets (sponsor) · $0 to $39.8M
      Feb 22, 2024 to Feb 27, 2025
    • Other offices · 0 to 1
      Jan 26, 2024 to Feb 22, 2024
    • Accounts · 709 to 759
      Feb 21, 2023 to Jan 26, 2024
    • HNW clients · 101 to 137
      Feb 21, 2023 to Jan 26, 2024
    • Individual clients · 129 to 155
      Feb 21, 2023 to Jan 26, 2024
    • Discretionary RAUM · $471M to $483M
      Feb 21, 2023 to Jan 26, 2024
    • HNW RAUM · $423M to $438M
      Feb 21, 2023 to Jan 26, 2024
    • Individual RAUM · $46.8M to $51.9M
      Feb 21, 2023 to Jan 26, 2024
    • Non-discretionary RAUM · $0 to $9.4M
      Feb 21, 2023 to Jan 26, 2024
    • Pension RAUM · $895,020 to $2.8M
      Feb 21, 2023 to Jan 26, 2024
    • RAUM · $471M to $493M
      Feb 21, 2023 to Jan 26, 2024
    • Accounts · 728 to 709
      Mar 22, 2022 to Feb 21, 2023
    • Advisory activities · 3 to 4
      Mar 22, 2022 to Feb 21, 2023
    Signals
    1 dated events
    • L•• F•••••••• filed its initial SEC registration (Form ADV)
      Aug 13, 2019 · 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
    Business email
    h••••@l•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    301-312-6660reportedpublished by the firm, firm site, Sep 15, 2026
    Website
    l•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    301-312-6660reportedpublic record, Form ADV, Jul 17, 2026
    Contact form
    l•••••••••.comreportedpublished by the firm, firm site, Sep 15, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $282Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026