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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Former SEC-registered adviser

B••••• C•••••• A•••••• L••

FORMER SEC A••••••Aventura, FloridaCRD 310125SEC 801-120175IAPD
Latest filing Jul 23, 2025
First filing on the tape Dec 17, 2020 · 13 filings
SEC status approved since Jan 19, 2021
RAUM
$184M
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
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$184M as of Jul 23, 2025
Mar 25, 2022$329M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 23, 2025
Mar 25, 20220 then
Employees (5.A)4 as of Jul 23, 2025
Mar 25, 20224 then
Private funds2 as of Jul 23, 2025
Mar 25, 20222 then
RAUM -56% over the last fiscal year-18% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 23, 2025; 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
$61.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
96%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
-56%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 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)
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Sovereign wealth funds$176M96%
  • Pooled investment vehicles$7.7M4.2%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B••••• C•••••• C•••••••• I• L•Private Equity Fund$11.2M11Mar 25, 2022
      B••••• C•••••• C•••••••• I• L•Private Equity Fund$1.6M8Mar 25, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••••• R••••••• A•••• · Chief Investment Officer And Portfolio Managercontrol
        since 07/2020 · owns less than 5%
      • C••• Z••••••• A•• · Portfolio Managercontrol
        since 07/2020 · owns less than 5%
      • G•••••• F••••• · Chief Compliance Officercontrol
        since 07/2020 · owns less than 5%
      • V•••••• K••••• C•••••••• · Chief Executive Officercontrol
        since 07/2020 · owns less than 5%
      • C••••••••• R••••••• A•••• · Partnercontrol
        since 07/2020 · owns 25% to 50% of L•••••• P••••••• L••
      • C••• Z••••••• A•• · Partnercontrol
        since 07/2020 · owns 75% or more of L•••••• P••••••• L••
      • G•••••• F••••• · Partnercontrol
        since 07/2020 · owns 25% to 50% of L•••••• P••••••• L••
      • V•••••• K••••• C•••••••• · Partnercontrol
        since 07/2020 · owns 75% or more of B••••• C•••••• U•• L••
      Entity owners
      • B••••• C•••••• U•• L•• · Partner
        direct · owns 25% to 50%
      • L•••••• P••••••• L•• · Partner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Financial planning clients · unset to
        Mar 25, 2025 to Jul 23, 2025
      • Discretionary RAUM · $418M to $184M
        Mar 8, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $12.8M to $7.7M
        Mar 8, 2024 to Mar 25, 2025
      • RAUM · $418M to $184M
        Mar 8, 2024 to Mar 25, 2025
      • Accounts · 4 to 3
        Sep 25, 2023 to Mar 8, 2024
      • Charity clients · unset to 0.0
        Sep 25, 2023 to Mar 8, 2024
      • Discretionary RAUM · $316M to $418M
        Sep 25, 2023 to Mar 8, 2024
      • Pooled vehicle RAUM · $12.8M to $12.8M
        Sep 25, 2023 to Mar 8, 2024
      • RAUM · $316M to $418M
        Sep 25, 2023 to Mar 8, 2024
      • HQ city · SUNNY ISLES BEACH to AVENTURA
        May 29, 2023 to Sep 25, 2023
      • Discretionary RAUM · $308M to $316M
        Mar 28, 2023 to May 29, 2023
      • RAUM · $308M to $316M
        Mar 28, 2023 to May 29, 2023
      • Discretionary RAUM · $329M to $308M
        Apr 28, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $11.0M to $12.8M
        Apr 28, 2022 to Mar 28, 2023
      • RAUM · $329M to $308M
        Apr 28, 2022 to Mar 28, 2023
      • Accounts · 1 to 4
        Nov 3, 2021 to Mar 25, 2022
      • Pooled vehicle clients · 0 to 2
        Nov 3, 2021 to Mar 25, 2022
      • HQ city · NEW YORK to SUNNY ISLES BEACH
        Nov 3, 2021 to Mar 25, 2022
      • HQ state · NY to FL
        Nov 3, 2021 to Mar 25, 2022
      • Private funds · unset to 2
        Nov 3, 2021 to Mar 25, 2022
      • Discretionary RAUM · $25.5M to $329M
        Nov 3, 2021 to Mar 25, 2022
      • Pooled vehicle RAUM · unset to 11045608.0
        Nov 3, 2021 to Mar 25, 2022
      • RAUM · $25.5M to $329M
        Nov 3, 2021 to Mar 25, 2022
      • Discretionary RAUM · $19.4M to $25.5M
        Dec 17, 2020 to May 10, 2021
      • RAUM · $19.4M to $25.5M
        Dec 17, 2020 to May 10, 2021
      Signals
      4 dated events
      • B••••• C•••••• A•••••• L•• no longer on the SEC adviser roster (last listed 2025-08-01, RAUM $183.7M)
        Sep 2, 2025 · Left the SEC roster · derived
      • B••••• C•••••• A•••••• L•• reported RAUM $183.7M, down 56% from $418.1M (2024-03-08 to 2025-03-25)
        Mar 25, 2025 · RAUM change · derived
      • B••••• C•••••• A•••••• L•• reported RAUM $418.1M, up 32% from $316.0M (2023-09-25 to 2024-03-08)
        Mar 8, 2024 · RAUM change · derived
      • B••••• C•••••• A•••••• L•• filed its initial SEC registration (Form ADV)
        Dec 17, 2020 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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 A••••••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