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

B••• C••••••

Independent wealth managerRochester, New YorkCRD 312070SEC 801-120330websiteIAPD
Legal name B••• C•••••• M••••••••• L••
Latest filing May 24, 2026
First filing on the tape Jan 14, 2021 · 12 filings
SEC status approved since Feb 12, 2021
RAUM
$168M
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
100%
$168M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$84.2M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$168M as of May 24, 2026
Mar 24, 2022$88.3M then
HNW client RAUM$129M as of May 24, 2026
Mar 24, 2022$31.6M then
State-registered IARs (5.B.3)2 as of May 24, 2026
Mar 24, 20222 then
Employees (5.A)3 as of May 24, 2026
Mar 24, 20223 then
Private funds: no history
RAUM +35% over the last fiscal year+24% a year over threeIARs 2 to 2
Practice profile
derived from the filing of May 24, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$84.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
141derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$599,054derivedRAUM over accounts (5.F.2.f)
Discretionary
88%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+0.0%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
$148MreportedItem 5.I
Ownership
controlled by a public reporting companyderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • 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)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$129M76%
  • Individuals$39.6M24%
Individual clients
206reported
HNW clients
75reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
281reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourly, commissionsreported
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
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••••• A•••• B•••Rochester, NyApr 4, 202116 y0
D•••• S••• N••••Rochester, NyOct 23, 202319 y2
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••• J••••• · Managing Member, Chief Executive Officer, & Chief Compliance Officercontrol
    since 10/2020 · owns 50% to 75%
  • M••• A•••••• K• · Managing Membercontrol
    since 11/2020 · owns 75% or more of M••••• L••
  • B•••• J•••••• A•••• · Member
    since 11/2020 · owns F of M••••• L••
Entity owners
  • M••••• L•• · Member
    direct · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Rochester, Ny · principal200
Spencerport, Ny000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing May 24, 2026
    selection of other advisers (Item 5.G.7): no on the filing of 2025-01-03, yes on the filing of 2026-05-24
    peers: independent wealth managers, $100M to $500M (5,676)
  • custody status changedChange between filings · filing May 24, 2026
    custody of client assets (Item 9.A): yes on the filing of 2025-01-03, no on the filing of 2026-05-24
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 643 to 281
    Jan 3, 2025 to May 24, 2026
  • Advisory activities · 2 to 4
    Jan 3, 2025 to May 24, 2026
  • HNW clients · 23 to 75
    Jan 3, 2025 to May 24, 2026
  • Individual clients · 509 to 206
    Jan 3, 2025 to May 24, 2026
  • Assets in custody · 150000.0 to unset
    Jan 3, 2025 to May 24, 2026
  • Custody of client assets · true to false
    Jan 3, 2025 to May 24, 2026
  • Discretionary RAUM · $110M to $148M
    Jan 3, 2025 to May 24, 2026
  • HNW RAUM · $51.0M to $129M
    Jan 3, 2025 to May 24, 2026
  • Individual RAUM · $57.1M to $39.6M
    Jan 3, 2025 to May 24, 2026
  • Non-discretionary RAUM · $14.3M to $20.2M
    Jan 3, 2025 to May 24, 2026
  • Pension RAUM · 16403051.0 to unset
    Jan 3, 2025 to May 24, 2026
  • RAUM · $124M to $168M
    Jan 3, 2025 to May 24, 2026
  • Financial planning clients · 251-500 to 251-500
    Oct 2, 2024 to Jan 3, 2025
  • Accounts · 452 to 643
    Mar 24, 2022 to Jul 23, 2024
  • HNW clients · 11 to 23
    Mar 24, 2022 to Jul 23, 2024
  • Individual clients · 442 to 509
    Mar 24, 2022 to Jul 23, 2024
  • Assets in custody · $19.1M to $150,000
    Mar 24, 2022 to Jul 23, 2024
  • Financial planning clients · 101-250 to 251-500
    Mar 24, 2022 to Jul 23, 2024
  • Discretionary RAUM · $68.4M to $110M
    Mar 24, 2022 to Jul 23, 2024
  • HNW RAUM · $31.6M to $51.0M
    Mar 24, 2022 to Jul 23, 2024
  • Individual RAUM · $44.2M to $57.1M
    Mar 24, 2022 to Jul 23, 2024
  • Non-discretionary RAUM · $19.9M to $14.3M
    Mar 24, 2022 to Jul 23, 2024
  • Pension RAUM · $12.5M to $16.4M
    Mar 24, 2022 to Jul 23, 2024
  • RAUM · $88.3M to $124M
    Mar 24, 2022 to Jul 23, 2024
  • Accounts · 236 to 452
    Nov 16, 2021 to Mar 24, 2022
  • HNW clients · 31 to 11
    Nov 16, 2021 to Mar 24, 2022
  • Individual clients · 94 to 442
    Nov 16, 2021 to Mar 24, 2022
  • Assets in custody · unset to 19128236.0
    Nov 16, 2021 to Mar 24, 2022
  • Custody of client assets · false to true
    Nov 16, 2021 to Mar 24, 2022
  • Employees · 2 to 3
    Nov 16, 2021 to Mar 24, 2022
  • State-registered IARs · 1 to 2
    Nov 16, 2021 to Mar 24, 2022
  • Discretionary RAUM · $54.0M to $68.4M
    Nov 16, 2021 to Mar 24, 2022
  • HNW RAUM · $68.0M to $31.6M
    Nov 16, 2021 to Mar 24, 2022
  • Individual RAUM · $22.0M to $44.2M
    Nov 16, 2021 to Mar 24, 2022
  • Non-discretionary RAUM · $36.0M to $19.9M
    Nov 16, 2021 to Mar 24, 2022
  • Pension RAUM · unset to 12524391.0
    Nov 16, 2021 to Mar 24, 2022
  • RAUM · $90.0M to $88.3M
    Nov 16, 2021 to Mar 24, 2022
  • Wrap assets (manager) · unset to 0.0
    Nov 16, 2021 to Mar 24, 2022
  • Wrap assets (sponsor) · unset to 0.0
    Nov 16, 2021 to Mar 24, 2022
  • HQ city · unset to ROCHESTER
    Jun 21, 2021 to Nov 16, 2021
Signals
5 dated events
  • C•••• K••• K•••• (Chief Operating Officer) no longer on Schedule A of B••• C•••••• (listed 2024-07-23, absent 2024-10-02)
    Oct 2, 2024 · Control person left · inference
  • K••• C•••• K•••• left B••• C•••••• for E••••••• • A••••••••• (registered 2024-10-22)
    Sep 17, 2024 · Advisor changed firm · fact
  • K A••••• Mui (Managing Member) appeared on Schedule A of B••• C••••••
    Nov 16, 2021 · Control person joined · fact
  • C•••• K••• K•••• (Chief Operating Officer) appeared on Schedule A of B••• C••••••
    Apr 2, 2021 · Control person joined · fact
  • B••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Jan 14, 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
Business email
a•••••••@b•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
Business email
d••••@b•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
585-307-2502reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
585-727-0321reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
585-269-8511reportedpublished by the firm, firm site, Sep 16, 2026
Website
b•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
585-269-8511reportedpublic record, Form ADV, May 24, 2026
Team page
b•••••••••.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
$84.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026