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

N••••••• R••• E••••• A••••••• V••• L•••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 305956SEC 801-117669websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Oct 22, 2019 · 14 filings
SEC status approved since Nov 22, 2019
RAUM
$1.9B
reported, Item 5.F
Discretionary
84%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.9B
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$1.9B as of Mar 31, 2026
Mar 30, 2020$2.9B then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 30, 20201 then
Employees (5.A)2 as of Mar 31, 2026
Mar 30, 20201 then
Private funds: no history
RAUM -66% over the last fiscal year-38% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$1.9BderivedRAUM 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
$965MderivedRAUM over accounts (5.F.2.f)
Discretionary
84%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
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-66%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.6B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.84 institutional_share=0.0 related_bd=true related_bank=true 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
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D••••••• J••••• D•••• · Presidentcontrol
    since 06/2019 · owns less than 5%
  • G••••• M••••••• X••••• · Vice Presidentcontrol
    since 10/2019 · owns less than 5%
  • M•••••••• M••••••• R••• · Executive Vice Presidentcontrol
    since 10/2019 · owns less than 5%
  • M••••• B••••• D••• · Chief Financial Officer, Executive Vp-Finance, Secretary And Treasurercontrol
    since 10/2019 · owns less than 5%
  • D••••••• J••••• D•••• · President/Membercontrol
    since 09/2014 · owns 75% or more of N••••••• A••••••• G•• L••
  • D••••••• N••••• M•••• · Trusteecontrol
    since 10/2015 · owns F of T•• D•••••• I••••••••• T••••
  • S•••••• D•••••• C•••••• · General Counsel
    since 08/2021 · owns less than 5%
  • V•••••••• S••••••••• L••• · Chief Compliance Officer
    since 11/2021 · owns less than 5%
Entity owners
  • N••••••• A•••••••• L••• · Limited Partner
    direct · owns 75% or more
  • N••••••• R••• E••••• A••••••• V•• G•• L•• · General Partner
    direct · owns less than 5%
  • N••••••• A••••••• G•• L•• · General Partner
    indirect · owns F of N••••••• A•••••••• L•••
  • N••••••• A•••••••• L••• · Member
    indirect · owns 75% or more of N••••••• R••• E••••• A••••••• V•• G•• L••
  • T•• D•••••• I••••••••• T•••• · Limited Partner
    indirect · owns 75% or more of N••••••• A•••••••• L•••
Related persons
Schedule D 7.A
Advisers that list N••••••• R••• E••••• A••••••• V••• L••• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Mar 31, 2026
    portfolio management for pooled vehicles (Item 5.G.4): no on the filing of 2025-03-26, yes on the filing of 2026-03-31
    peers: asset managers, $1B to $5B (1,506)
  • RAUM down 50 %Change between filings · filing Mar 31, 2026
    RAUM (Item 5.F) moved from $5,720,668,000 to $1,930,816,000 (-66.0%) between the annual amendments of 2025-03-26 and 2026-03-31; the peer median change was +11.0% (1368 comparable advisers, 0.0th percentile of changes)
    peers: asset managers, $1B to $5B (1,368) · 0.4% percentile
What changed
consecutive filings, newest first
  • Advisory employees · 1 to 2
    Mar 26, 2025 to Mar 31, 2026
  • Employees · 1 to 2
    Mar 26, 2025 to Mar 31, 2026
  • Discretionary RAUM · $5.4B to $1.6B
    Mar 26, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $5.4B to $1.6B
    Mar 26, 2025 to Mar 31, 2026
  • RAUM · $5.7B to $1.9B
    Mar 26, 2025 to Mar 31, 2026
  • Financial planning clients · 0 to 0
    Mar 28, 2024 to Mar 26, 2025
  • Discretionary RAUM · $7.0B to $5.4B
    Mar 28, 2024 to Mar 26, 2025
  • Pooled vehicle RAUM · $7.0B to $5.4B
    Mar 28, 2024 to Mar 26, 2025
  • RAUM · $7.3B to $5.7B
    Mar 28, 2024 to Mar 26, 2025
  • Discretionary RAUM · $8.0B to $7.0B
    Mar 30, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $8.0B to $7.0B
    Mar 30, 2023 to Mar 28, 2024
  • RAUM · $8.3B to $7.3B
    Mar 30, 2023 to Mar 28, 2024
  • Discretionary RAUM · $8.5B to $8.0B
    Mar 31, 2022 to Mar 30, 2023
  • Pooled vehicle RAUM · $8.5B to $8.0B
    Mar 31, 2022 to Mar 30, 2023
  • RAUM · $8.8B to $8.3B
    Mar 31, 2022 to Mar 30, 2023
  • Discretionary RAUM · $6.2B to $8.5B
    Dec 8, 2021 to Mar 31, 2022
  • Pooled vehicle RAUM · $6.2B to $8.5B
    Dec 8, 2021 to Mar 31, 2022
  • RAUM · $6.5B to $8.8B
    Dec 8, 2021 to Mar 31, 2022
  • Insurance-licensed employees · 0 to 1
    Feb 23, 2021 to Mar 31, 2021
  • Discretionary RAUM · $6.2B to $6.2B
    Feb 23, 2021 to Mar 31, 2021
  • Non-discretionary RAUM · $325M to $300M
    Feb 23, 2021 to Mar 31, 2021
  • Pooled vehicle RAUM · $6.2B to $6.2B
    Feb 23, 2021 to Mar 31, 2021
  • RAUM · $6.5B to $6.5B
    Feb 23, 2021 to Mar 31, 2021
  • Accounts · 1 to 2
    Mar 30, 2020 to Jan 4, 2021
  • Advisory activities · 1 to 2
    Mar 30, 2020 to Jan 4, 2021
  • Discretionary RAUM · $2.9B to $6.2B
    Mar 30, 2020 to Jan 4, 2021
  • Non-discretionary RAUM · $0 to $325M
    Mar 30, 2020 to Jan 4, 2021
  • Pooled vehicle RAUM · $2.9B to $6.2B
    Mar 30, 2020 to Jan 4, 2021
  • RAUM · $2.9B to $6.5B
    Mar 30, 2020 to Jan 4, 2021
  • Accounts · unset to 1.0
    Oct 22, 2019 to Feb 10, 2020
  • Pooled vehicle clients · unset to 1.0
    Oct 22, 2019 to Feb 10, 2020
  • Discretionary RAUM · unset to 2880426000.0
    Oct 22, 2019 to Feb 10, 2020
  • Non-discretionary RAUM · unset to 0.0
    Oct 22, 2019 to Feb 10, 2020
  • Pooled vehicle RAUM · unset to 2880426000.0
    Oct 22, 2019 to Feb 10, 2020
  • RAUM · unset to 2880426000.0
    Oct 22, 2019 to Feb 10, 2020
Signals
5 dated events
  • N••••••• R••• E••••• A••••••• V••• L••• reported RAUM $1.9B, down 66% from $5.7B (2025-03-26 to 2026-03-31)
    Mar 31, 2026 · RAUM change · derived
  • N••••••• R••• E••••• A••••••• V••• L••• reported RAUM $8.8B, up 36% from $6.5B (2021-12-08 to 2022-03-31)
    Mar 31, 2022 · RAUM change · derived
  • Byron Scott Ellington (General Counsel) no longer on Schedule A of N••••••• R••• E••••• A••••••• V••• L••• (listed 2021-01-04, absent 2021-02-23)
    Feb 23, 2021 · Control person left · inference
  • N••••••• R••• E••••• A••••••• V••• L••• reported RAUM $6.5B, up 125% from $2.9B (2020-03-30 to 2021-01-04)
    Jan 4, 2021 · RAUM change · derived
  • N••••••• R••• E••••• A••••••• V••• L••• filed its initial SEC registration (Form ADV)
    Oct 22, 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
Firm profile
linkedin.com/company/nexpointreportedpublic record, Form ADV, Sep 18, 2026
Website
n•••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
214-276-6300reportedpublic record, Form ADV, Mar 31, 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
$1.9Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026