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••••••••

Independent wealth managerMadrid, CRD 310052SEC 801-119330websiteIAPD
Legal name F•• W•••••• L••
Latest filing Jun 24, 2026
First filing on the tape Jul 22, 2020 · 13 filings
SEC status approved since Aug 21, 2020
RAUM
$1.4B
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
100%
$1.4B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$1.4B as of Jun 24, 2026
Mar 10, 2021$99.5M then
HNW client RAUM$1.4B as of Jun 24, 2026
Mar 10, 2021$98.9M then
State-registered IARs (5.B.3)0 as of Jun 24, 2026
Mar 10, 20210 then
Employees (5.A)10 as of Jun 24, 2026
Mar 10, 20216 then
Private funds: no history
RAUM +24% over the last fiscal year+109% a year over threeIARs 0 to 0offices 2 to 1
Practice profile
derived from the filing of Jun 24, 2026; every figure names its basis
Archetypes, each a printed rule
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
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
$48.8MderivedHNW RAUM over HNW clients
Average account
$10.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+24%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 assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.4B100%
  • Charitable organizations$1.1M0.1%
  • Individuals$1.0M0.1%
Individual clients
n/areported
HNW clients
28reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
131reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• A•••••• N•• · Ccocontrol
        since 03/2026 · owns less than 5%
      • R•••••• A•••••• · Managing Director / Principal / Ccocontrol
        since 11/2020 · owns 10% to 25%
      • C••••••••• D••••• · Shareholdercontrol
        since 09/2020 · owns 50% to 75% of F••••• E••••••••• P•••••••• S•••
      • G•••• S••••• R••••• · Shareholdercontrol
        since 11/2015 · owns 25% to 50% of D• U• D•• P••••••• S•••
      • R•••••• A•••••• · Shareholdercontrol
        since 09/2020 · owns 50% to 75% of F••••• E••••••••• P•••••••• S•••
      Entity owners
      • D• U• D•• P••••••• S••• · Member
        direct · owns 75% or more
      • F••••• E••••••••• P•••••••• S••• · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • D•••••••• V•••••• S• S••
        investment advisern
      Offices
      Schedule D 1.F, the 25 largest
      • Madrid, Spain1 employees
      • Miami, FL
      ADV anomalies
      6 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Jun 24, 2026
        discretionary share of RAUM of 0% against a peer median of 99% (1362 comparable advisers, 0.0th percentile, 33.2 robust deviations)
        peers: independent wealth managers, $1B to $5B (1,362) · 0.0% percentile
      • unusually large average HNW clientStatic outlier · filing Jun 24, 2026
        HNW RAUM per HNW client of $48,792,535 against a peer median of $3,646,459 (1309 comparable advisers, 99.0th percentile, 22.4 robust deviations)
        peers: independent wealth managers, $1B to $5B (1,309) · 99% percentile
      • control person changedChange between filings · filing Jun 24, 2026
        R•••••• A•••••• (SHAREHOLDER) left Schedule A between the filings of 2020-12-23 and 2026-06-24
        peers: independent wealth managers, $1B to $5B (1,362)
      • control person changedChange between filings · filing Jun 24, 2026
        G•••• S••••• R••••• (SHAREHOLDER) left Schedule A between the filings of 2020-12-23 and 2026-06-24
        peers: independent wealth managers, $1B to $5B (1,362)
      • control person changedChange between filings · filing Jun 24, 2026
        C••••••••• D••••• (SHAREHOLDER) left Schedule A between the filings of 2020-12-23 and 2026-06-24
        peers: independent wealth managers, $1B to $5B (1,362)
      • control person changedChange between filings · filing Jun 24, 2026
        B••••• A•••••• N•• (CCO) appeared on Schedule A between the filings of 2020-12-23 and 2026-06-24
        peers: independent wealth managers, $1B to $5B (1,362)
      What changed
      consecutive filings, newest first
      • Legal name · D•••••••• AMERICAS LLC to F•• W•••••• L••
        Feb 24, 2026 to Jun 24, 2026
      • Accounts · 60 to 131
        Mar 31, 2025 to Feb 24, 2026
      • HNW clients · 25 to 28
        Mar 31, 2025 to Feb 24, 2026
      • Other offices · 2 to 1
        Mar 31, 2025 to Feb 24, 2026
      • HNW RAUM · $1.1B to $1.4B
        Mar 31, 2025 to Feb 24, 2026
      • Individual RAUM · $2.6M to $1.0M
        Mar 31, 2025 to Feb 24, 2026
      • Non-discretionary RAUM · $1.1B to $1.4B
        Mar 31, 2025 to Feb 24, 2026
      • RAUM · $1.1B to $1.4B
        Mar 31, 2025 to Feb 24, 2026
      • Related adviser · true to false
        Mar 31, 2025 to Feb 24, 2026
      • Accounts · 47 to 60
        Mar 25, 2024 to Mar 31, 2025
      • Advisory employees · 5 to 6
        Mar 25, 2024 to Mar 31, 2025
      • HNW clients · 19 to 25
        Mar 25, 2024 to Mar 31, 2025
      • Individual clients · 11.0 to unset
        Mar 25, 2024 to Mar 31, 2025
      • Employees · 11 to 10
        Mar 25, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 25, 2024 to Mar 31, 2025
      • HQ state · unset to
        Mar 25, 2024 to Mar 31, 2025
      • HNW RAUM · $1.0B to $1.1B
        Mar 25, 2024 to Mar 31, 2025
      • Individual RAUM · $4.8M to $2.6M
        Mar 25, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $1.0B to $1.1B
        Mar 25, 2024 to Mar 31, 2025
      • RAUM · $1.0B to $1.1B
        Mar 25, 2024 to Mar 31, 2025
      • Accounts · 40 to 47
        May 1, 2023 to Mar 25, 2024
      • HNW clients · 16 to 19
        May 1, 2023 to Mar 25, 2024
      • Individual clients · 7 to 11
        May 1, 2023 to Mar 25, 2024
      • Employees · 9 to 11
        May 1, 2023 to Mar 25, 2024
      • HNW RAUM · $148M to $1.0B
        May 1, 2023 to Mar 25, 2024
      • Individual RAUM · $1.5M to $4.8M
        May 1, 2023 to Mar 25, 2024
      • Non-discretionary RAUM · $150M to $1.0B
        May 1, 2023 to Mar 25, 2024
      • RAUM · $150M to $1.0B
        May 1, 2023 to Mar 25, 2024
      • Accounts · 36 to 40
        May 23, 2022 to May 1, 2023
      • HNW clients · 15 to 16
        May 23, 2022 to May 1, 2023
      • Individual clients · 5 to 7
        May 23, 2022 to May 1, 2023
      • Discretionary RAUM · $157M to $0
        May 23, 2022 to May 1, 2023
      • HNW RAUM · $156M to $148M
        May 23, 2022 to May 1, 2023
      • Individual RAUM · $1.4M to $1.5M
        May 23, 2022 to May 1, 2023
      • Non-discretionary RAUM · $0 to $150M
        May 23, 2022 to May 1, 2023
      • RAUM · $157M to $150M
        May 23, 2022 to May 1, 2023
      • Accounts · 30 to 36
        Sep 28, 2021 to Mar 23, 2022
      • Advisory employees · 3 to 5
        Sep 28, 2021 to Mar 23, 2022
      • HNW clients · 11 to 15
        Sep 28, 2021 to Mar 23, 2022
      • Individual clients · 3 to 5
        Sep 28, 2021 to Mar 23, 2022
      Signals
      5 dated events
      • Diaphanum reported RAUM $1.0B, up 592% from $149.5M (2023-05-01 to 2024-03-25)
        Mar 25, 2024 · RAUM change · derived
      • Carlos Juan Riera (Chief Compliance Officer) no longer on Schedule A of Diaphanum (listed 2021-03-10, absent 2021-09-28)
        Sep 28, 2021 · Control person left · inference
      • Alberca R••••• (Managing Director / Principal) appeared on Schedule A of Diaphanum
        Dec 23, 2020 · Control person joined · fact
      • Daniel Cervantes (Shareholder) appeared on Schedule A of Diaphanum
        Dec 23, 2020 · Control person joined · fact
      • Diaphanum filed its initial SEC registration (Form ADV)
        Jul 22, 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
      Business email
      i•••@d••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      305-448-0014reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      d••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      +34 912 44 92 23reportedpublic record, Form ADV, Jun 24, 2026
      Contact form
      d••••••••.comreportedpublished 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026