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

H••••• P••• M••••••••• L••

Former SEC-registered adviserNew York, New YorkCRD 312410SEC 801-123231websiteIAPD
Latest filing Mar 31, 2025
First filing on the tape Jan 13, 2022 · 8 filings
SEC status approved since Feb 11, 2022
RAUM
$57.0M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
95%
$54.0M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$57.0M as of Mar 31, 2025
Mar 27, 2023$116M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 31, 2025
Mar 27, 20231 then
Employees (5.A)2 as of Mar 31, 2025
Mar 27, 20235 then
Private funds1 as of Feb 27, 2025
Mar 27, 20231 then
RAUM -48% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2025; every figure names its basis
RAUM per advisor
$57.0MderivedRAUM 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
$792,297derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
4.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-48%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 assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$54.0M96%
  • Pension and profit-sharing plans$1.3M2.3%
  • Charitable organizations$1.1M1.9%
Individual clients
59reported
HNW clients
n/areported
Pension plan clients
3reported
Charitable clients
1reported
Accounts
72reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H••••• P••• C•••••• I• L•Private Equity Fund$55.5M63Jan 13, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • J•••••• S•••••• P• · Managing Partner And Chief Compliance Officercontrol
        since 01/2022 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • Wappingers Falls, NY1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 84 to 72
        Feb 27, 2025 to Mar 31, 2025
      • Advisory employees · 2 to 1
        Feb 27, 2025 to Mar 31, 2025
      • Advisory activities · 5 to 4
        Feb 27, 2025 to Mar 31, 2025
      • Individual clients · 68 to 59
        Feb 27, 2025 to Mar 31, 2025
      • Pooled vehicle clients · 1.0 to unset
        Feb 27, 2025 to Mar 31, 2025
      • Assets in custody · 55457302.0 to unset
        Feb 27, 2025 to Mar 31, 2025
      • Custody of client assets · true to false
        Feb 27, 2025 to Mar 31, 2025
      • Employees · 3 to 2
        Feb 27, 2025 to Mar 31, 2025
      • Private funds · 1 to unset
        Feb 27, 2025 to Mar 31, 2025
      • Discretionary RAUM · $108M to $56.4M
        Feb 27, 2025 to Mar 31, 2025
      • Individual RAUM · $49.2M to $54.0M
        Feb 27, 2025 to Mar 31, 2025
      • Non-discretionary RAUM · $591,458 to $683,785
        Feb 27, 2025 to Mar 31, 2025
      • Pension RAUM · $2.8M to $1.3M
        Feb 27, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · 55457302.0 to unset
        Feb 27, 2025 to Mar 31, 2025
      • RAUM · $109M to $57.0M
        Feb 27, 2025 to Mar 31, 2025
      • Accounts · 83 to 84
        Mar 27, 2023 to Mar 28, 2024
      • Advisory employees · 3 to 2
        Mar 27, 2023 to Mar 28, 2024
      • Advisory activities · 3 to 5
        Mar 27, 2023 to Mar 28, 2024
      • Charity clients · unset to 1.0
        Mar 27, 2023 to Mar 28, 2024
      • Individual clients · 67 to 68
        Mar 27, 2023 to Mar 28, 2024
      • Pension plan clients · unset to 3.0
        Mar 27, 2023 to Mar 28, 2024
      • Assets in custody · $61.7M to $55.5M
        Mar 27, 2023 to Mar 28, 2024
      • Employees · 5 to 3
        Mar 27, 2023 to Mar 28, 2024
      • Discretionary RAUM · $115M to $108M
        Mar 27, 2023 to Mar 28, 2024
      • Individual RAUM · $49.9M to $49.2M
        Mar 27, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $488,725 to $591,458
        Mar 27, 2023 to Mar 28, 2024
      • Pension RAUM · $2.6M to $2.8M
        Mar 27, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $61.7M to $55.5M
        Mar 27, 2023 to Mar 28, 2024
      • RAUM · $116M to $109M
        Mar 27, 2023 to Mar 28, 2024
      • Accounts · 63 to 83
        Nov 22, 2022 to Mar 27, 2023
      • Charity clients · 1.0 to unset
        Nov 22, 2022 to Mar 27, 2023
      • Individual clients · 58 to 67
        Nov 22, 2022 to Mar 27, 2023
      • Pension plan clients · 3.0 to unset
        Nov 22, 2022 to Mar 27, 2023
      • Assets in custody · $67.0M to $61.7M
        Nov 22, 2022 to Mar 27, 2023
      • Discretionary RAUM · $133M to $115M
        Nov 22, 2022 to Mar 27, 2023
      • Individual RAUM · $61.8M to $49.9M
        Nov 22, 2022 to Mar 27, 2023
      • Non-discretionary RAUM · $0 to $488,725
        Nov 22, 2022 to Mar 27, 2023
      • Pension RAUM · $3.0M to $2.6M
        Nov 22, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $67.0M to $61.7M
        Nov 22, 2022 to Mar 27, 2023
      • RAUM · $133M to $116M
        Nov 22, 2022 to Mar 27, 2023
      Signals
      3 dated events
      • H••••• P••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2025-07-01, RAUM $57.0M)
        Aug 1, 2025 · Left the SEC roster · derived
      • John William Worfolk (Chief Compliance Officer) no longer on Schedule A of H••••• P••• M••••••••• L•• (listed 2023-03-27, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • H••••• P••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jan 13, 2022 · 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-registered adviserderiveda 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