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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
B••• W•••• L••• S•••••• A•••••••• L•
Latest filing Mar 26, 2026
First filing on the tape Jan 4, 2021 · 15 filings
SEC status approved since Feb 4, 2021
RAUM
$193M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$193M as of Mar 26, 2026
Mar 31, 2022$372M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 31, 20221 then
Employees (5.A)2 as of Mar 26, 2026
Mar 31, 20226 then
Private funds4 as of Mar 26, 2026
Mar 31, 20225 then
RAUM +34% over the last fiscal year-5.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM 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
- $38.5MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +34%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $193M, 5 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)
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$193M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 5reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $193M for 5 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false 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
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
5 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| B••• W•••• L••• S•••••• M••••• F••• L••• | Hedge Fund | $143M | 2 | Sep 30, 2019 |
| B••• W•••• L••• S•••••• F•••• L• | Hedge Fund | $91.4M | 88 | Apr 27, 2017 |
| B••• W•••• L••• S•••••• O••••••• F••• L•• | Hedge Fund | $46.1M | 55 | Sep 30, 2019 |
| B••• W•••• V••••••• F•••• L• | Private Equity Fund | $12.5M | 10 | Mar 31, 2022 |
| B••• W•••• S•••••• O••••••••• L• | Private Equity Fund | $5.2M | 11 | Mar 31, 2022 |
Owners and control persons
Schedule A and B, latest filing
- C••••••• N••••••••• T••••• · Portfolio Manager And Managing Member And Chief Compliance Officercontrolsince 04/2017 · owns 75% or more
- C••••••• N••••••••• T••••• · General Partnercontrolsince 12/2021 · owns 75% or more of B••• W•••• L••• S•••••• F••• G•• L••
Entity owners
- B••• W•••• L••• S•••••• F••• G•• L•• · General Partnerdirect · owns less than 5%
Related persons
Schedule D 7.A
- B••• W•••• L••• S•••••• F••• G•• L••investment adviserpooled vehicle sponsory
- B••• W•••• L••• S•••••• V••••••• G•• L••investment adviserpooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Advisory employees · 3 to 2Jul 10, 2025 to Mar 26, 2026
- Pooled vehicle clients · 5 to 6Jul 10, 2025 to Mar 26, 2026
- Assets in custody · $144M to $193MJul 10, 2025 to Mar 26, 2026
- Employees · 4 to 2Jul 10, 2025 to Mar 26, 2026
- Private funds · 3 to 4Jul 10, 2025 to Mar 26, 2026
- Discretionary RAUM · $144M to $193MJul 10, 2025 to Mar 26, 2026
- Pooled vehicle RAUM · $144M to $193MJul 10, 2025 to Mar 26, 2026
- RAUM · $144M to $193MJul 10, 2025 to Mar 26, 2026
- Financial planning clients · unset to Mar 24, 2025 to Jul 10, 2025
- Assets in custody · $160M to $144MAug 15, 2024 to Mar 24, 2025
- HQ city · unset to Aug 15, 2024 to Mar 24, 2025
- HQ state · unset to Aug 15, 2024 to Mar 24, 2025
- Private funds · 5 to 3Aug 15, 2024 to Mar 24, 2025
- Discretionary RAUM · $160M to $144MAug 15, 2024 to Mar 24, 2025
- Pooled vehicle RAUM · $160M to $144MAug 15, 2024 to Mar 24, 2025
- RAUM · $160M to $144MAug 15, 2024 to Mar 24, 2025
- Related adviser · true to falseAug 15, 2024 to Mar 24, 2025
- Assets in custody · $226M to $160MMar 31, 2023 to Mar 28, 2024
- Employees · 5 to 4Mar 31, 2023 to Mar 28, 2024
- Discretionary RAUM · $231M to $160MMar 31, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $231M to $160MMar 31, 2023 to Mar 28, 2024
- RAUM · $231M to $160MMar 31, 2023 to Mar 28, 2024
- Advisory employees · 4 to 3Mar 31, 2022 to Mar 31, 2023
- Advisory activities · 2 to 1Mar 31, 2022 to Mar 31, 2023
- Assets in custody · $372M to $226MMar 31, 2022 to Mar 31, 2023
- Employees · 6 to 5Mar 31, 2022 to Mar 31, 2023
- State-registered IARs · 1 to 0Mar 31, 2022 to Mar 31, 2023
- Discretionary RAUM · $372M to $231MMar 31, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $372M to $231MMar 31, 2022 to Mar 31, 2023
- RAUM · $372M to $231MMar 31, 2022 to Mar 31, 2023
- Related adviser · false to trueMar 31, 2022 to Mar 31, 2023
- Advisory employees · 3 to 4Jan 27, 2022 to Mar 31, 2022
- Charity clients · 0.0 to unsetJan 27, 2022 to Mar 31, 2022
- Corporate clients · 0.0 to unsetJan 27, 2022 to Mar 31, 2022
- HNW clients · 2.0 to unsetJan 27, 2022 to Mar 31, 2022
- Individual clients · 0.0 to unsetJan 27, 2022 to Mar 31, 2022
- Pension plan clients · 0.0 to unsetJan 27, 2022 to Mar 31, 2022
- Pooled vehicle clients · 3 to 5Jan 27, 2022 to Mar 31, 2022
- Assets in custody · $214M to $372MJan 27, 2022 to Mar 31, 2022
- Employees · 4 to 6Jan 27, 2022 to Mar 31, 2022
Signals
8 dated events
- Lucille Yolanda Cafiero (Chief Compliance Officer / Chief Operating Officer / Chief Financial Officer) no longer on Schedule A of B••• W•••• L••• S•••••• A•••••••• L• (listed 2024-03-28, absent 2024-08-15)Aug 15, 2024 · Control person left · inference
- Lucille Yolanda Cafiero (Chief Compliance Officer / Chief Operating Officer / Chief Financial Officer) appeared on Schedule A of B••• W•••• L••• S•••••• A•••••••• L•Mar 28, 2024 · Control person joined · fact
- Evans Apeadu (Chief Compliance Officer And Chief Operating Officer) no longer on Schedule A of B••• W•••• L••• S•••••• A•••••••• L• (listed 2023-03-31, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- B••• W•••• L••• S•••••• A•••••••• L• reported RAUM $231.4M, down 38% from $371.6M (2022-03-31 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- B••• W•••• L••• S•••••• A•••••••• L• reported RAUM $371.6M, up 67% from $222.2M (2022-01-27 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- B••• W•••• L••• S•••••• A•••••••• L• reported succeeding to the business of Another Adviser (Form ADV Item 4)Jan 25, 2022 · Succession (Item 4) · fact
- Evans Apeadu (Chief Compliance Officer And Chief Financial Officer) appeared on Schedule A of B••• W•••• L••• S•••••• A•••••••• L•Apr 14, 2021 · Control person joined · fact
- B••• W•••• L••• S•••••• A•••••••• L•• filed its initial SEC registration (Form ADV)Jan 4, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- B••• W•••• L••• S•••••• A•••••••• L• · Private Equityshared crd · organization
- B••• W•••• L••• S•••••• A•••••••• L• · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- b•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 415-573-1123reportedpublic record, Form ADV, Mar 26, 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
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026