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

S•••••••• M•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 310323SEC 801-128507websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jun 30, 2023 · 5 filings
SEC status approved since Jul 28, 2023
RAUM
$645M
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
10
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
7
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$645M as of Mar 31, 2026
Mar 29, 2024$576M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 29, 20240 then
Employees (5.A)10 as of Mar 31, 2026
Mar 29, 202412 then
Private funds7 as of Mar 31, 2026
Mar 29, 20247 then
RAUM +6.4% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$92.1MderivedRAUM 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
+6.4%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 vehicles, otherreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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$645M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
      7 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• W••••••• K••• · Managing Member, Chief Compliance Officercontrol
        since 07/2020 · owns 75% or more
      Related persons
      Schedule D 7.A
      • S•••••••• M•••••• P••••••• G•• L•
        pooled vehicle sponsorn
      • S•••••••• M•••••• P••••••• I• G•• L•
        pooled vehicle sponsorn
      • S•••••••• T•••• S•••••• G•• L•
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Employees · 12 to 10
        Mar 30, 2025 to Mar 31, 2026
      • Discretionary RAUM · $606M to $645M
        Mar 30, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $606M to $645M
        Mar 30, 2025 to Mar 31, 2026
      • RAUM · $606M to $645M
        Mar 30, 2025 to Mar 31, 2026
      • Advisory employees · 4 to 8
        May 23, 2024 to Mar 30, 2025
      • Financial planning clients · unset to
        May 23, 2024 to Mar 30, 2025
      • Discretionary RAUM · $576M to $606M
        May 23, 2024 to Mar 30, 2025
      • Pooled vehicle RAUM · $576M to $606M
        May 23, 2024 to Mar 30, 2025
      • RAUM · $576M to $606M
        May 23, 2024 to Mar 30, 2025
      • Advisory employees · 3 to 4
        Jun 30, 2023 to Mar 29, 2024
      • Employees · 9 to 12
        Jun 30, 2023 to Mar 29, 2024
      • Private funds · 14 to 7
        Jun 30, 2023 to Mar 29, 2024
      • Discretionary RAUM · $571M to $576M
        Jun 30, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $571M to $576M
        Jun 30, 2023 to Mar 29, 2024
      • RAUM · $571M to $576M
        Jun 30, 2023 to Mar 29, 2024
      Signals
      1 dated events
      • S•••••••• M•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 30, 2023 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/spicewoodpartners/aboutreportedpublic record, Form ADV, Sep 18, 2026
      Website
      spicewoodpartners.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      214-489-7090reportedpublic record, Form ADV, Mar 31, 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