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.

Former SEC-registered adviser

Global Capital Strategies II, LLC

Former SEC-registered adviserNew York, New YorkCRD 306410SEC 801-117796IAPD
Latest filing Feb 18, 2022
First filing on the tape Nov 14, 2019 · 9 filings
RAUM
$147M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
81%
$118M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
2
$47.7M gross assets
History
9 filings and snapshots on the tape
RAUM$147M as of Feb 18, 2022
Mar 31, 2020$0 then
HNW client RAUM$68.7M as of Feb 18, 2022
Mar 18, 2021$96.5M then
State-registered IARs (5.B.3)1 as of Feb 18, 2022
Mar 31, 20201 then
Employees (5.A)1 as of Feb 18, 2022
Mar 31, 20203 then
Private funds: 2
RAUM +17% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Feb 18, 2022; every figure names its basis
RAUM per advisor
$147MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
172derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$524,728derivedHNW RAUM over HNW clients
Average account
$665,009derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
2.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-22%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$2.4M, 2 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
  • is an insurance broker or agent (6.A.6)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$68.7M47%
  • Individuals$49.6M34%
  • Corporations and businesses$20.7M14%
  • Pooled investment vehicles$4.7M3.2%
  • Pension and profit-sharing plans$3.3M2.2%
Individual clients
41reported
HNW clients
131reported
Pension plan clients
2reported
Charitable clients
n/areported
Accounts
221reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$2.4M for 2 clientsreported
Compensation
% of AUMreported
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
Left, latest
Joined, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Rakesh Khilnani · Chief Investment Officercontrol
      since 06/2019 · owns 25% to 50%
    • Jean Stacey Gillespie · Chief Compliance Officer
      since 03/2020 · owns less than 5%
    Entity owners
    • Avestar Capital, LLC · Owner
      direct · owns 75% or more
    • Avestar Capital Holdings LLC · Owner
      indirect · owns 75% or more of Avestar Capital, LLC
    Related persons
    Schedule D 7.A
    • Avestar Advisory Llp
      investment advisery
    • Avestar Capital, LLC
      investment adviseryRAUM $2.1B
    • Avestar Global Opportunities Spc
      pooled vehicle sponsory
    • Avestar Structured Note Spv Gp, LLC
      pooled vehicle sponsory
    Offices
    Schedule D 1.F, the 25 largest
    • Miami, FL1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 153 to 221
      Jan 6, 2022 to Feb 18, 2022
    • Advisory activities · 3 to 4
      Jan 6, 2022 to Feb 18, 2022
    • HNW clients · 94 to 131
      Jan 6, 2022 to Feb 18, 2022
    • Assets in custody · unset to 2368877.0
      Jan 6, 2022 to Feb 18, 2022
    • Custody of client assets · false to true
      Jan 6, 2022 to Feb 18, 2022
    • Financial planning clients · 0 to 1-10
      Jan 6, 2022 to Feb 18, 2022
    • Discretionary RAUM · $213M to $144M
      Jan 6, 2022 to Feb 18, 2022
    • HNW RAUM · $165M to $68.7M
      Jan 6, 2022 to Feb 18, 2022
    • Individual RAUM · $40.8M to $49.6M
      Jan 6, 2022 to Feb 18, 2022
    • Pooled vehicle RAUM · $4.7M to $4.7M
      Jan 6, 2022 to Feb 18, 2022
    • RAUM · $216M to $147M
      Jan 6, 2022 to Feb 18, 2022
    • Accounts · 241 to 153
      Mar 18, 2021 to Jan 6, 2022
    • HNW clients · 194 to 94
      Mar 18, 2021 to Jan 6, 2022
    • Individual clients · 27 to 41
      Mar 18, 2021 to Jan 6, 2022
    • Pooled vehicle clients · unset to 2.0
      Mar 18, 2021 to Jan 6, 2022
    • Private funds · unset to 2
      Mar 18, 2021 to Jan 6, 2022
    • Discretionary RAUM · $121M to $213M
      Mar 18, 2021 to Jan 6, 2022
    • HNW RAUM · $96.5M to $165M
      Mar 18, 2021 to Jan 6, 2022
    • Individual RAUM · $5.8M to $40.8M
      Mar 18, 2021 to Jan 6, 2022
    • Non-discretionary RAUM · $4.6M to $3.3M
      Mar 18, 2021 to Jan 6, 2022
    • Pension RAUM · $2.5M to $3.3M
      Mar 18, 2021 to Jan 6, 2022
    • Pooled vehicle RAUM · unset to 4656230.0
      Mar 18, 2021 to Jan 6, 2022
    • RAUM · $125M to $216M
      Mar 18, 2021 to Jan 6, 2022
    • Accounts · 0 to 241
      Nov 13, 2020 to Mar 18, 2021
    • Advisory employees · 2 to 1
      Nov 13, 2020 to Mar 18, 2021
    • Advisory activities · 4 to 3
      Nov 13, 2020 to Mar 18, 2021
    • BD registered reps · 2 to 0
      Nov 13, 2020 to Mar 18, 2021
    • Corporate clients · unset to 18.0
      Nov 13, 2020 to Mar 18, 2021
    • HNW clients · unset to 194.0
      Nov 13, 2020 to Mar 18, 2021
    • Individual clients · unset to 27.0
      Nov 13, 2020 to Mar 18, 2021
    • Pension plan clients · unset to 2.0
      Nov 13, 2020 to Mar 18, 2021
    • Employees · 3 to 1
      Nov 13, 2020 to Mar 18, 2021
    • Insurance-licensed employees · 1 to 0
      Nov 13, 2020 to Mar 18, 2021
    • Other offices · 2 to 1
      Nov 13, 2020 to Mar 18, 2021
    • Discretionary RAUM · $0 to $121M
      Nov 13, 2020 to Mar 18, 2021
    • HNW RAUM · unset to 96495084.0
      Nov 13, 2020 to Mar 18, 2021
    • Individual RAUM · unset to 5796292.0
      Nov 13, 2020 to Mar 18, 2021
    • Non-discretionary RAUM · $0 to $4.6M
      Nov 13, 2020 to Mar 18, 2021
    • Pension RAUM · unset to 2483232.0
      Nov 13, 2020 to Mar 18, 2021
    • RAUM · $0 to $125M
      Nov 13, 2020 to Mar 18, 2021
    Signals
    4 dated events
    • Rakesh Khilnani left Global Capital Strategies Ii, Llc for Goi (registered 2022-04-12)
      Apr 5, 2022 · Advisor changed firm · fact
    • Soli Xerxes Mullan (Owner) no longer on Schedule A of Global Capital Strategies Ii, Llc (listed 2020-11-13, absent 2021-03-18)
      Mar 18, 2021 · Control person left · inference
    • Nicole Tonya Smoake (Chief Compliance Officer) no longer on Schedule A of Global Capital Strategies Ii, Llc (listed 2019-11-29, absent 2020-03-31)
      Mar 31, 2020 · Control person left · inference
    • Global Capital Strategies Ii, Llc filed its initial SEC registration (Form ADV)
      Nov 14, 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