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

M••••••••• L••

Independent wealth managerBedford Hills, New YorkCRD 306005SEC 801-117932websiteIAPD
Latest filing Mar 20, 2026
First filing on the tape Dec 11, 2019 · 18 filings
SEC status approved since Jan 10, 2020
RAUM
$53.9M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
58%
$31.1M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$53.9M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$53.9M as of Mar 20, 2026
Mar 10, 2021$46.7M then
HNW client RAUM$28.4M as of Mar 20, 2026
Mar 10, 2021$42.3M then
State-registered IARs (5.B.3)1 as of Mar 20, 2026
Mar 10, 20210 then
Employees (5.A)3 as of Mar 20, 2026
Mar 10, 20213 then
Private funds: no history
RAUM -0.1% over the last fiscal year+20% a year over threeIARs 1 to 1offices 0 to 1
Practice profile
derived from the filing of Mar 20, 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
$53.9MderivedRAUM 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
$1.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
3.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-0.1%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, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$27,833, 1 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$28.4M86%
  • Individuals$2.7M8.3%
  • Charitable organizations$1.7M5.3%
Individual clients
13reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
52reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$27,833 for 1 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.58 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A•••• R•••••Bedford Hills, NyOct 11, 202114 y0
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
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • R•••••• A•••• · President/Chief Compliance Officercontrol
        since 10/2019 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • compensation changedChange between filings · filing Mar 20, 2026
        hourly charges (Item 5.E.2): no on the filing of 2025-07-28, yes on the filing of 2026-03-20
        peers: independent wealth managers, under $100M (707)
      What changed
      consecutive filings, newest first
      • Accounts · 53 to 52
        Jul 28, 2025 to Mar 20, 2026
      • HNW clients · 4.0 to unset
        Jul 28, 2025 to Mar 20, 2026
      • Assets in custody · $22,098 to $27,833
        Jul 28, 2025 to Mar 20, 2026
      • Discretionary RAUM · $52.8M to $52.9M
        Jul 28, 2025 to Mar 20, 2026
      • HNW RAUM · $32.0M to $28.4M
        Jul 28, 2025 to Mar 20, 2026
      • Individual RAUM · $2.0M to $2.7M
        Jul 28, 2025 to Mar 20, 2026
      • Non-discretionary RAUM · $1.1M to $972,429
        Jul 28, 2025 to Mar 20, 2026
      • RAUM · $53.9M to $53.9M
        Jul 28, 2025 to Mar 20, 2026
      • Financial planning clients · 1-10 to 1-10
        Mar 28, 2025 to Jul 28, 2025
      • HQ city · NEW YORK to BEDFORD HILLS
        Mar 28, 2025 to Jul 28, 2025
      • Other offices · 0 to 1
        Mar 28, 2025 to Jul 28, 2025
      • Accounts · 45 to 53
        May 21, 2024 to Mar 28, 2025
      • HNW clients · 7 to 4
        May 21, 2024 to Mar 28, 2025
      • Individual clients · 12 to 13
        May 21, 2024 to Mar 28, 2025
      • Assets in custody · $12,629 to $22,098
        May 21, 2024 to Mar 28, 2025
      • Discretionary RAUM · $38.5M to $52.8M
        May 21, 2024 to Mar 28, 2025
      • HNW RAUM · $36.2M to $32.0M
        May 21, 2024 to Mar 28, 2025
      • Individual RAUM · $1.3M to $2.0M
        May 21, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $800,000 to $1.1M
        May 21, 2024 to Mar 28, 2025
      • RAUM · $39.3M to $53.9M
        May 21, 2024 to Mar 28, 2025
      • Accounts · 41 to 45
        Oct 5, 2023 to Mar 14, 2024
      • HNW clients · 5 to 7
        Oct 5, 2023 to Mar 14, 2024
      • Individual clients · 11 to 12
        Oct 5, 2023 to Mar 14, 2024
      • Assets in custody · $3,048 to $12,629
        Oct 5, 2023 to Mar 14, 2024
      • Discretionary RAUM · $30.7M to $38.5M
        Oct 5, 2023 to Mar 14, 2024
      • HNW RAUM · $28.1M to $36.2M
        Oct 5, 2023 to Mar 14, 2024
      • Individual RAUM · $808,144 to $1.3M
        Oct 5, 2023 to Mar 14, 2024
      • Non-discretionary RAUM · $300,000 to $800,000
        Oct 5, 2023 to Mar 14, 2024
      • RAUM · $31.0M to $39.3M
        Oct 5, 2023 to Mar 14, 2024
      • Accounts · 34 to 41
        Sep 9, 2022 to Mar 7, 2023
      • HNW clients · unset to 5.0
        Sep 9, 2022 to Mar 7, 2023
      • Individual clients · 9 to 11
        Sep 9, 2022 to Mar 7, 2023
      • Assets in custody · unset to 3048.0
        Sep 9, 2022 to Mar 7, 2023
      • Custody of client assets · false to true
        Sep 9, 2022 to Mar 7, 2023
      • State-registered IARs · 0 to 1
        Sep 9, 2022 to Mar 7, 2023
      • Discretionary RAUM · $43.8M to $30.7M
        Sep 9, 2022 to Mar 7, 2023
      • HNW RAUM · $40.3M to $28.1M
        Sep 9, 2022 to Mar 7, 2023
      • Individual RAUM · $763,341 to $808,144
        Sep 9, 2022 to Mar 7, 2023
      • Non-discretionary RAUM · $241,834 to $300,000
        Sep 9, 2022 to Mar 7, 2023
      • RAUM · $44.0M to $31.0M
        Sep 9, 2022 to Mar 7, 2023
      Signals
      1 dated events
      • M••••••••• L•• filed its initial SEC registration (Form ADV)
        Dec 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.
      How to reach
      public business contact points only, each with its source
      Business phone
      914-266-0999reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      800-732-0818reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      linkedin.com/company/magnifinareportedpublic record, Form ADV, Sep 19, 2026
      Website
      magnifina.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      800-732-0818reportedpublic record, Form ADV, Mar 20, 2026
      Contact form
      magnifina.com/about/contactreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      magnifina.com/teamreportedpublished by the firm, firm site, Sep 16, 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
      $53.9Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026