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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Former SEC-registered adviser

B••••••••• P•••••••

Former SEC-registered adviserBaltimore, MarylandCRD 305389SEC 801-117479websiteIAPD
Legal name B••••••••• A••••••• P•••••••• L••
Latest filing Jul 11, 2024
First filing on the tape Sep 11, 2019 · 20 filings
SEC status approved since Oct 15, 2019
RAUM
$853M
reported, Item 5.F
Discretionary
43%
of RAUM
Private clients
100%
$853M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$853M as of Mar 29, 2024
Feb 12, 2020$194M then
HNW client RAUM$853M as of Mar 29, 2024
Feb 12, 2020$194M then
State-registered IARs (5.B.3)6 as of Mar 29, 2024
Feb 12, 20206 then
Employees (5.A)12 as of Mar 29, 2024
Feb 12, 20206 then
Private funds: no history
RAUM +14% over the last fiscal year+35% a year over threeIARs 7 to 6offices 2 to 1
Practice profile
derived from the filing of Jul 11, 2024; every figure names its basis
RAUM per advisor
$142MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
18derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$8.4MderivedHNW RAUM over HNW clients
Average account
$1.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
43%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
-14%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.9%derived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$271M, 72 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)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$853M100%
  • Individuals$393,2090.0%
Individual clients
6reported
HNW clients
102reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
486reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$271M for 72 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••••••• J•••••• C• · Membercontrol
    since 08/2020 · owns 25% to 50%
  • K••••••••• P•••• R•• · Managing Membercontrol
    since 11/2019 · owns 25% to 50%
  • P••••••• R•••• D•••• · Member And Chief Compliance Officercontrol
    since 11/2019 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Baltimore, Md · principal000
Mclean, Va000
Offices
Schedule D 1.F, the 25 largest
  • Mclean, VA1 employees
What changed
consecutive filings, newest first
  • Other offices · 2 to 1
    Mar 29, 2024 to Jul 11, 2024
  • Accounts · 452 to 486
    Apr 19, 2023 to Mar 29, 2024
  • Advisory employees · 7 to 6
    Apr 19, 2023 to Mar 29, 2024
  • HNW clients · 100 to 102
    Apr 19, 2023 to Mar 29, 2024
  • Individual clients · 9 to 6
    Apr 19, 2023 to Mar 29, 2024
  • Employees · 14 to 12
    Apr 19, 2023 to Mar 29, 2024
  • State-registered IARs · 7 to 6
    Apr 19, 2023 to Mar 29, 2024
  • Discretionary RAUM · $334M to $368M
    Apr 19, 2023 to Mar 29, 2024
  • HNW RAUM · $747M to $853M
    Apr 19, 2023 to Mar 29, 2024
  • Individual RAUM · $511,334 to $393,209
    Apr 19, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $414M to $485M
    Apr 19, 2023 to Mar 29, 2024
  • RAUM · $748M to $853M
    Apr 19, 2023 to Mar 29, 2024
  • Accounts · 324 to 452
    Oct 7, 2022 to Mar 28, 2023
  • HNW clients · 78 to 100
    Oct 7, 2022 to Mar 28, 2023
  • Individual clients · 6 to 9
    Oct 7, 2022 to Mar 28, 2023
  • Assets in custody · $376M to $271M
    Oct 7, 2022 to Mar 28, 2023
  • Employees · 11 to 14
    Oct 7, 2022 to Mar 28, 2023
  • Financial planning clients · 51-100 to 101-250
    Oct 7, 2022 to Mar 28, 2023
  • Discretionary RAUM · $375M to $334M
    Oct 7, 2022 to Mar 28, 2023
  • HNW RAUM · $691M to $747M
    Oct 7, 2022 to Mar 28, 2023
  • Individual RAUM · $432,246 to $511,334
    Oct 7, 2022 to Mar 28, 2023
  • Non-discretionary RAUM · $316M to $414M
    Oct 7, 2022 to Mar 28, 2023
  • RAUM · $692M to $748M
    Oct 7, 2022 to Mar 28, 2023
  • Other offices · 1 to 2
    Mar 30, 2022 to Oct 6, 2022
  • Accounts · 269 to 324
    Mar 30, 2021 to Mar 30, 2022
  • Advisory employees · 6 to 7
    Mar 30, 2021 to Mar 30, 2022
  • Advisory activities · 5 to 3
    Mar 30, 2021 to Mar 30, 2022
  • Charity clients · 12 to 0
    Mar 30, 2021 to Mar 30, 2022
  • HNW clients · 63 to 78
    Mar 30, 2021 to Mar 30, 2022
  • Individual clients · 0 to 6
    Mar 30, 2021 to Mar 30, 2022
  • Pooled vehicle clients · 4 to 0
    Mar 30, 2021 to Mar 30, 2022
  • Assets in custody · $345M to $376M
    Mar 30, 2021 to Mar 30, 2022
  • Employees · 6 to 11
    Mar 30, 2021 to Mar 30, 2022
  • State-registered IARs · 6 to 7
    Mar 30, 2021 to Mar 30, 2022
  • Other offices · 0 to 1
    Mar 30, 2021 to Mar 30, 2022
  • Discretionary RAUM · $345M to $375M
    Mar 30, 2021 to Mar 30, 2022
  • HNW RAUM · $336M to $691M
    Mar 30, 2021 to Mar 30, 2022
  • Individual RAUM · $346,009 to $432,246
    Mar 30, 2021 to Mar 30, 2022
  • Non-discretionary RAUM · $0 to $316M
    Mar 30, 2021 to Mar 30, 2022
  • Pooled vehicle RAUM · $7.4M to $0
    Mar 30, 2021 to Mar 30, 2022
Signals
14 dated events
  • B••••••••• P••••••• no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $853.1M)
    May 2, 2025 · Left the SEC roster · derived
  • P••• R•• K•••••••• left B••••••••• P••••••• for Pitcairn (registered 2025-04-04)
    Mar 27, 2025 · Advisor changed firm · fact
  • J••••• C• B••••••• left B••••••••• P••••••• for Pitcairn (registered 2025-03-20)
    Mar 6, 2025 · Advisor changed firm · fact
  • C••• A•••••• H••••• (Member) no longer on Schedule A of B••••••••• P••••••• (listed 2024-03-29, absent 2024-07-11)
    Jul 11, 2024 · Control person left · inference
  • A•••••• C••• H••••• left B••••••••• P••••••• for C•••••• A•••• M••••••••• L•• (registered 2024-08-27)
    Jun 17, 2024 · Advisor changed firm · fact
  • L••••• P•• W••••• left B••••••••• P••••••• for C•••••• A•••• M••••••••• L•• (registered 2024-06-20)
    Apr 29, 2024 · Advisor changed firm · fact
  • B••••••••• P••••••• reported RAUM $691.6M, up 101% from $344.6M (2021-03-30 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • B••••••••• P••••••• reported RAUM $344.6M, up 77% from $194.3M (2020-07-31 to 2021-03-30)
    Mar 30, 2021 · RAUM change · derived
  • C. J••••• B••••••• (Member) appeared on Schedule A of B••••••••• P•••••••
    Mar 30, 2021 · Control person joined · fact
  • Adam Daniel Bernstein (Chief Compliance Officer) no longer on Schedule A of B••••••••• P••••••• (listed 2019-09-12, absent 2019-11-12)
    Nov 12, 2019 · Control person left · inference
  • C••• A•••••• H••••• (Member) appeared on Schedule A of B••••••••• P•••••••
    Nov 12, 2019 · Control person joined · fact
  • Roy Pace Kessenich (Managing Member) appeared on Schedule A of B••••••••• P•••••••
    Nov 12, 2019 · Control person joined · fact
  • David Ryan Pollard (Member And Chief Compliance Officer) appeared on Schedule A of B••••••••• P•••••••
    Nov 12, 2019 · Control person joined · fact
  • O•••••• W••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Sep 11, 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.
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
Former SEC-registered 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