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
D•••••••• A•••••••• L••
Latest filing Jun 1, 2026
First filing on the tape Apr 28, 2020 · 17 filings
SEC status approved since May 29, 2020
RAUM
$569M
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
52
20 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$569M as of Jun 1, 2026
Mar 31, 2021$387M then
HNW client RAUM$0 as of Jun 1, 2026
Mar 31, 2021$0 then
State-registered IARs (5.B.3)0 as of Jun 1, 2026
Mar 31, 20210 then
Employees (5.A)52 as of Jun 1, 2026
Mar 31, 202125 then
Private funds3 as of Jun 1, 2026
Mar 31, 20213 then
RAUM -35% over the last fiscal year-2.6% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 1, 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
- $190MderivedRAUM 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
- -35%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
- yesreportedItem 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)
- 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)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$569M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 3reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 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
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| D•••••••• A••••••••• P•••••••• L• | Real Estate Fund | $613M | 90 | Apr 28, 2020 |
| D•••••••• D••••••••• P•••••••• L• | Real Estate Fund | $126M | 73 | Apr 28, 2020 |
| D•••••••• L•••••• P•••••••• L• | Real Estate Fund | $82.7M | 80 | Mar 31, 2021 |
Owners and control persons
Schedule A and B, latest filing
- G••••••••• J••••• L••• · Chief Legal Officer & General Counselcontrolsince 02/2020 · owns less than 5%
- H••••• S•••••• · Chief Accounting Officercontrolsince 02/2020 · owns less than 5%
- M• G••••• N•••••••• F•••• · Chief Compliance Officercontrolsince 10/2024 · owns less than 5%
- N••••• M•••••• A•••••••• · Chief Commercial Officercontrolsince 02/2020 · owns less than 5%
- R•••••••• S••••• C•••••• J••• · Chief Operating Officercontrolsince 05/2017 · owns less than 5%
- R••••••••• C•••••• J••• · Chief Executive Officercontrolsince 05/2017 · owns less than 5%
- W••••••••• G•••• M••• · Chief Financial Officercontrolsince 11/2020 · owns less than 5%
- R•••••••• S••••• C•••••• J••• · Ownercontrolsince 05/2017 · owns 25% to 50% of D•••••••• C•••••• L••
- R••••••••• C•••••• J••• · Ownercontrolsince 05/2017 · owns 25% to 50% of D•••••••• C•••••• L••
- S••••••• D••••• R• · Managing Director, Capital Marketssince 01/2020 · owns less than 5%
Entity owners
- D•••••••• C•••••• L•• · Sole Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- D•••••••• A••••••••• P••••••• G•• L••pooled vehicle sponsorn
- D•••••••• D••••••••• P••••••• G•• L••pooled vehicle sponsorn
- D•••••••• L•••••• P••••••• G•• L••pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM down 25 %Change between filings · filing Mar 30, 2026RAUM (Item 5.F) moved from $881,011,666 to $568,830,000 (-35.0%) between the annual amendments of 2025-03-28 and 2026-03-30; the peer median change was +8.0% (672 comparable advisers, 4.0th percentile of changes)peers: asset managers, $500M to $1B (672) · 4.0% percentile
What changed
consecutive filings, newest first
- Employees · 54 to 52May 30, 2025 to Mar 30, 2026
- Discretionary RAUM · $881M to $569MMay 30, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $881M to $569MMay 30, 2025 to Mar 30, 2026
- RAUM · $881M to $569MMay 30, 2025 to Mar 30, 2026
- Financial planning clients · 0 to 0Mar 28, 2025 to May 30, 2025
- Advisory employees · 15 to 20Dec 6, 2024 to Mar 28, 2025
- Employees · 52 to 54Dec 6, 2024 to Mar 28, 2025
- Discretionary RAUM · $821M to $881MDec 6, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $821M to $881MDec 6, 2024 to Mar 28, 2025
- RAUM · $821M to $881MDec 6, 2024 to Mar 28, 2025
- Employees · 45 to 52Sep 26, 2023 to Mar 29, 2024
- Discretionary RAUM · $718M to $821MSep 26, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $718M to $821MSep 26, 2023 to Mar 29, 2024
- RAUM · $718M to $821MSep 26, 2023 to Mar 29, 2024
- Discretionary RAUM · $615M to $718MMar 31, 2023 to Sep 26, 2023
- Pooled vehicle RAUM · $615M to $718MMar 31, 2023 to Sep 26, 2023
- RAUM · $615M to $718MMar 31, 2023 to Sep 26, 2023
- Discretionary RAUM · $517M to $615MMar 31, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $517M to $615MMar 31, 2022 to Mar 31, 2023
- RAUM · $517M to $615MMar 31, 2022 to Mar 31, 2023
- Advisory employees · 14 to 15Jun 15, 2021 to Mar 31, 2022
- Employees · 25 to 45Jun 15, 2021 to Mar 31, 2022
- Discretionary RAUM · $384M to $517MJun 15, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · $384M to $517MJun 15, 2021 to Mar 31, 2022
- RAUM · $384M to $517MJun 15, 2021 to Mar 31, 2022
- Discretionary RAUM · $387M to $384MMar 31, 2021 to Jun 15, 2021
- Pooled vehicle RAUM · $387M to $384MMar 31, 2021 to Jun 15, 2021
- RAUM · $387M to $384MMar 31, 2021 to Jun 15, 2021
- Accounts · 2 to 3Aug 11, 2020 to Mar 31, 2021
- Advisory employees · 1 to 14Aug 11, 2020 to Mar 31, 2021
- Pooled vehicle clients · 2 to 3Aug 11, 2020 to Mar 31, 2021
- Employees · 6 to 25Aug 11, 2020 to Mar 31, 2021
- Private funds · 2 to 3Aug 11, 2020 to Mar 31, 2021
- Discretionary RAUM · $200M to $387MAug 11, 2020 to Mar 31, 2021
- Pooled vehicle RAUM · $200M to $387MAug 11, 2020 to Mar 31, 2021
- RAUM · $200M to $387MAug 11, 2020 to Mar 31, 2021
Signals
7 dated events
- D•••••••• A•••••••• L•• reported RAUM $568.8M, down 35% from $881.0M (2025-05-30 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- Feria Nathalie Mc Gowan (Chief Compliance Officer) appeared on Schedule A of D•••••••• A•••••••• L••Oct 29, 2024 · Control person joined · fact
- D•••••••• A•••••••• L•• reported RAUM $517.2M, up 35% from $383.7M (2021-06-15 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- D•••••••• A•••••••• L•• reported RAUM $386.7M, up 93% from $200.4M (2020-08-11 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Marc Glenn Wasserman (Chief Financial Officer) appeared on Schedule A of D•••••••• A•••••••• L••Mar 31, 2021 · Control person joined · fact
- John Paul Sacco (Chief Investment Officer) no longer on Schedule A of D•••••••• A•••••••• L•• (listed 2020-08-11, absent 2021-03-31)Mar 31, 2021 · Control person left · inference
- D•••••••• A•••••••• L•• filed its initial SEC registration (Form ADV)Apr 28, 2020 · 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
- Website
- D••••••••ADVISORS.USreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 305-500-9998reportedpublic record, Form ADV, Jun 1, 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
Across the graphs
D•••••••• A•••••••• L•• is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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