DFX Intelligence

RIA Intelligence

The names on this page are hidden. Create a free account to reveal 5 records a month, or get RIA and Wealth Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

SEC-registered adviser

B••••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Las Vegas, NevadaCRD 311438SEC 801-122235websiteIAPD
Latest filing Mar 24, 2026
First filing on the tape Aug 3, 2021 · 16 filings
SEC status approved since Sep 2, 2021
RAUM
$169M
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
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$169M as of Mar 24, 2026
Mar 18, 2022$149M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 24, 2026
Mar 18, 20220 then
Employees (5.A)1 as of Mar 24, 2026
Mar 18, 20221 then
Private funds3 as of Mar 24, 2026
Mar 18, 20223 then
RAUM -12% over the last fiscal year+21% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 24, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$169MderivedRAUM 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
$56.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 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
$31.9M, 2 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
  • 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$169M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$31.9M for 2 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
      Every departureEvery arrival
      Private funds
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B••••• C•••••• F••• L•Hedge Fund$83.1M58Oct 30, 2020
      B••••• C•••••• I•••••••• I• L••Other Private Fund$23.6M94Jul 2, 2021
      B••••• C•••••• I•••••••• I•• L••Other Private Fund$5.8M17Oct 30, 2020
      B••••• C•••••• I•••••••• I• L••no longer reportedOther Private Fund$3.8M21Oct 30, 2020
      Owners and control persons
      Schedule A and B, latest filing
      • L•• F•••• N•• · Managing Member And Chief Compliance Officercontrol
        since 03/2012 · owns 75% or more
      Related persons
      Schedule D 7.A
      • B••••• C•••••• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $25.8M to $31.9M
        Apr 30, 2025 to Mar 24, 2026
      • Discretionary RAUM · $193M to $169M
        Apr 30, 2025 to Mar 24, 2026
      • Pooled vehicle RAUM · $193M to $169M
        Apr 30, 2025 to Mar 24, 2026
      • RAUM · $193M to $169M
        Apr 30, 2025 to Mar 24, 2026
      • Financial planning clients · unset to
        Feb 3, 2025 to Apr 30, 2025
      • Assets in custody · $29.4M to $25.8M
        May 2, 2024 to Feb 3, 2025
      • Discretionary RAUM · $113M to $193M
        May 2, 2024 to Feb 3, 2025
      • Pooled vehicle RAUM · $113M to $193M
        May 2, 2024 to Feb 3, 2025
      • RAUM · $113M to $193M
        May 2, 2024 to Feb 3, 2025
      • Assets in custody · $95.4M to $29.4M
        Sep 7, 2023 to Feb 9, 2024
      • State-registered IARs · 0 to 1
        Sep 7, 2023 to Feb 9, 2024
      • Discretionary RAUM · $107M to $113M
        Sep 7, 2023 to Feb 9, 2024
      • Pooled vehicle RAUM · $107M to $113M
        Sep 7, 2023 to Feb 9, 2024
      • RAUM · $107M to $113M
        Sep 7, 2023 to Feb 9, 2024
      • Discretionary RAUM · $95.4M to $107M
        Jan 20, 2023 to Sep 7, 2023
      • Pooled vehicle RAUM · $95.4M to $107M
        Jan 20, 2023 to Sep 7, 2023
      • RAUM · $95.4M to $107M
        Jan 20, 2023 to Sep 7, 2023
      • Assets in custody · $149M to $95.4M
        Dec 22, 2022 to Jan 20, 2023
      • Discretionary RAUM · $149M to $95.4M
        Dec 22, 2022 to Jan 20, 2023
      • Pooled vehicle RAUM · $149M to $95.4M
        Dec 22, 2022 to Jan 20, 2023
      • RAUM · $149M to $95.4M
        Dec 22, 2022 to Jan 20, 2023
      • HQ city · SEATTLE to LAS VEGAS
        Nov 14, 2022 to Dec 22, 2022
      • HQ state · WA to NV
        Nov 14, 2022 to Dec 22, 2022
      • Other offices · 1 to 0
        Nov 14, 2022 to Dec 22, 2022
      • Assets in custody · $142M to $149M
        Sep 22, 2021 to Mar 18, 2022
      • Other offices · 0 to 1
        Sep 22, 2021 to Mar 18, 2022
      • Discretionary RAUM · $142M to $149M
        Sep 22, 2021 to Mar 18, 2022
      • Pooled vehicle RAUM · $142M to $149M
        Sep 22, 2021 to Mar 18, 2022
      • RAUM · $142M to $149M
        Sep 22, 2021 to Mar 18, 2022
      • HQ city · PORTLAND to SEATTLE
        Aug 6, 2021 to Sep 21, 2021
      • HQ state · OR to WA
        Aug 6, 2021 to Sep 21, 2021
      • Private funds · 6 to 3
        Aug 3, 2021 to Aug 6, 2021
      Signals
      1 dated events
      • B••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 3, 2021 · 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
      baleencap.comreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      646-389-2833reportedpublic record, Form ADV, Mar 24, 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