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

A••••• I••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 310749SEC 801-119844websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Oct 22, 2020 · 14 filings
SEC status approved since Nov 23, 2020
RAUM
$2.6B
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
25
23 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
11
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$2.6B as of Mar 31, 2026
Mar 23, 2021$425M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 23, 20210 then
Employees (5.A)25 as of Mar 31, 2026
Mar 23, 20218 then
Private funds11 as of Mar 31, 2026
Mar 23, 20211 then
RAUM +58% over the last fiscal year+25% a year over threeIARs 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
$201MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+58%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$113M, 6 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
  • 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$2.6B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$113M for 6 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
      7 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • J••••• R••••• G•••••• · Chief Financial Officer And Chief Compliance Officercontrol
        since 08/2021 · owns less than 5%
      • P••••• D••••• N•• · Co-Founder And Managing Membercontrol
        since 05/2020 · owns 25% to 50%
      • Z•••••••• L•••• N•• · Co-Founder And Managing Membercontrol
        since 05/2020 · owns 50% to 75%
      • P••••• D••••• N•• · Investment Trusteecontrol
        since 03/2021 · owns 75% or more of P•••• T•••• O• 2•••
      • P••••• D••••• N•• · Ownercontrol
        since 05/2020 · owns 50% to 75% of A••••• M••••••• L••
      • Z•••••••• L•••• N•• · Ownercontrol
        since 05/2020 · owns 50% to 75% of A••••• M••••••• L••
      • C•••••••• J•••• P••• · Member
        since 05/2024 · owns 10% to 25%
      • D••••••••• M•••• R••••• · Member
        since 05/2024 · owns 5% to 10%
      Entity owners
      • A••••• M••••••• L•• · M••••••
        direct · owns less than 5%
      • P•••• T•••• O• 2••• · Member
        direct · owns 5% to 10%
      Related persons
      Schedule D 7.A
      • A••••• I••••••••• P••••••• G•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Coral Gables, FL8 employees
      What changed
      consecutive filings, newest first
      • Accounts · 11 to 13
        May 27, 2025 to Mar 31, 2026
      • Advisory employees · 20 to 23
        May 27, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 11 to 13
        May 27, 2025 to Mar 31, 2026
      • Assets in custody · $265M to $113M
        May 27, 2025 to Mar 31, 2026
      • Employees · 22 to 25
        May 27, 2025 to Mar 31, 2026
      • Private funds · 9 to 11
        May 27, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.7B to $2.6B
        May 27, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.7B to $2.6B
        May 27, 2025 to Mar 31, 2026
      • RAUM · $1.7B to $2.6B
        May 27, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Apr 15, 2025 to May 27, 2025
      • Accounts · 9 to 11
        Aug 7, 2024 to Apr 15, 2025
      • Pooled vehicle clients · 9 to 11
        Aug 7, 2024 to Apr 15, 2025
      • Assets in custody · $327M to $265M
        Aug 7, 2024 to Apr 15, 2025
      • Private funds · 7 to 9
        Aug 7, 2024 to Apr 15, 2025
      • Discretionary RAUM · $1.4B to $1.7B
        Aug 7, 2024 to Apr 15, 2025
      • Pooled vehicle RAUM · $1.4B to $1.7B
        Aug 7, 2024 to Apr 15, 2025
      • RAUM · $1.4B to $1.7B
        Aug 7, 2024 to Apr 15, 2025
      • Accounts · 6 to 9
        Apr 27, 2023 to Mar 28, 2024
      • Advisory employees · 18 to 20
        Apr 27, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 6 to 9
        Apr 27, 2023 to Mar 28, 2024
      • Assets in custody · $182M to $327M
        Apr 27, 2023 to Mar 28, 2024
      • Employees · 20 to 22
        Apr 27, 2023 to Mar 28, 2024
      • Private funds · 4 to 7
        Apr 27, 2023 to Mar 28, 2024
      • Discretionary RAUM · $1.3B to $1.4B
        Apr 27, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $1.3B to $1.4B
        Apr 27, 2023 to Mar 28, 2024
      • RAUM · $1.3B to $1.4B
        Apr 27, 2023 to Mar 28, 2024
      • Accounts · 4 to 6
        Apr 29, 2022 to Mar 31, 2023
      • Advisory employees · 15 to 18
        Apr 29, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 4 to 6
        Apr 29, 2022 to Mar 31, 2023
      • Assets in custody · $92.4M to $182M
        Apr 29, 2022 to Mar 31, 2023
      • Employees · 15 to 20
        Apr 29, 2022 to Mar 31, 2023
      • Other offices · 0 to 1
        Apr 29, 2022 to Mar 31, 2023
      • Private funds · 3 to 4
        Apr 29, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.1B to $1.3B
        Apr 29, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.1B to $1.3B
        Apr 29, 2022 to Mar 31, 2023
      • RAUM · $1.1B to $1.3B
        Apr 29, 2022 to Mar 31, 2023
      • Accounts · 2 to 4
        Sep 8, 2021 to Mar 31, 2022
      • Advisory employees · 14 to 15
        Sep 8, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 2 to 4
        Sep 8, 2021 to Mar 31, 2022
      • Assets in custody · unset to 92383927.0
        Sep 8, 2021 to Mar 31, 2022
      Signals
      6 dated events
      • A••••• I••••••••• M••••••••• L•• reported RAUM $2.6B, up 58% from $1.7B (2025-05-27 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Anderson Erik Scott (Co-Founder, Partner) no longer on Schedule A of A••••• I••••••••• M••••••••• L•• (listed 2023-04-27, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • A••••• I••••••••• M••••••••• L•• reported RAUM $1.1B, up 35% from $823.8M (2021-09-08 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • A••••• I••••••••• M••••••••• L•• reported RAUM $823.8M, up 94% from $425.0M (2021-04-07 to 2021-09-08)
        Sep 8, 2021 · RAUM change · derived
      • G•••••• R•••• J•••• (Chief Financial Officer And Chief Compliance Officer) appeared on Schedule A of A••••• I••••••••• M••••••••• L••
        Sep 8, 2021 · Control person joined · fact
      • A••••• I••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Oct 22, 2020 · 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/avance-investment-managementreportedpublic record, Form ADV, Sep 18, 2026
      Website
      avanceinv.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      (917) 693-9893reportedpublic 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