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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

A•••• E••••• P•••••••• L••

Asset manager (funds and pooled vehicles)West Palm Beach, FloridaCRD 312470SEC 801-130762websiteIAPD
Latest filing May 5, 2026
First filing on the tape Jun 26, 2024 · 6 filings
SEC status approved since Jul 26, 2024
RAUM
$441M
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
6
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
11
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$441M as of May 5, 2026
Mar 25, 2025$254M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 5, 2026
Mar 25, 20250 then
Employees (5.A)6 as of May 5, 2026
Mar 25, 20255 then
Private funds11 as of May 5, 2026
Mar 25, 202511 then
RAUM +74% over the last fiscal yearIARs 0 to 0offices 0 to 1
Practice profile
derived from the filing of May 5, 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
$40.1MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+74%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 vehiclesreportedItem 5.G
Custody
$441M, 11 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$441M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$441M for 11 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
      10 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • L••••• N••• · Managing Partner / Chief Compliance Officercontrol
        since 05/2018 · owns less than 5%
      • W••••••••• M•••••• · Managing Partnercontrol
        since 04/2019 · owns less than 5%
      • L••••• N••• · Trusteecontrol
        since 05/2018 · owns 75% or more of N••• L•••• R•••••••• T••••
      • W••••••••• M•••••• · Trusteecontrol
        since 04/2019 · owns 75% or more of M•••••• W•••••••• 2••• R•••••••• T••••
      Entity owners
      • M•••••• W•••••••• 2••• R•••••••• T•••• · Managing Member
        direct · owns 50% to 75%
      • N••• L•••• R•••••••• T•••• · Managing Member
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • A•••• I••••••••• C•• I• M••••••• L••
        pooled vehicle sponsorn
      • A•••• I••••••••• C•• I• M••••••• L••
        pooled vehicle sponsorn
      • A•••• I••••••••• C•• I•• M••••••• L••
        pooled vehicle sponsorn
      • A•••• I••••••••• C•• I• M••••••• L••
        pooled vehicle sponsorn
      • A•••• I••••••••• C•• V• M••••••• L••
        pooled vehicle sponsorn
      • A•••• I••••••••• C•• V• M••••••• L••
        pooled vehicle sponsorn
      • A•••• T•••••• I• M••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Mar 30, 2026
        RAUM (Item 5.F) moved from $254,034,136 to $441,361,766 (+74.0%) between the annual amendments of 2025-03-25 and 2026-03-30; the peer median change was +4.0% (1147 comparable advisers, 95.0th percentile of changes)
        peers: ASSET_M••••••, $100M to $500M (1,147) · 95% percentile
      What changed
      consecutive filings, newest first
      • HQ city · MIAMI to WEST PALM BEACH
        Mar 30, 2026 to May 5, 2026
      • Advisory employees · 5 to 6
        May 9, 2025 to Mar 30, 2026
      • Assets in custody · $254M to $441M
        May 9, 2025 to Mar 30, 2026
      • Employees · 5 to 6
        May 9, 2025 to Mar 30, 2026
      • Other offices · 0 to 1
        May 9, 2025 to Mar 30, 2026
      • Discretionary RAUM · $254M to $441M
        May 9, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $254M to $441M
        May 9, 2025 to Mar 30, 2026
      • RAUM · $254M to $441M
        May 9, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 25, 2025 to May 9, 2025
      • Accounts · 10 to 11
        Jul 8, 2024 to Mar 25, 2025
      • Advisory employees · 3 to 5
        Jul 8, 2024 to Mar 25, 2025
      • Pooled vehicle clients · 10 to 11
        Jul 8, 2024 to Mar 25, 2025
      • Assets in custody · $160M to $254M
        Jul 8, 2024 to Mar 25, 2025
      • Employees · 3 to 5
        Jul 8, 2024 to Mar 25, 2025
      • Private funds · 10 to 11
        Jul 8, 2024 to Mar 25, 2025
      • Discretionary RAUM · $160M to $254M
        Jul 8, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $160M to $254M
        Jul 8, 2024 to Mar 25, 2025
      • RAUM · $160M to $254M
        Jul 8, 2024 to Mar 25, 2025
      • HQ city · PALM BEACH to MIAMI
        Jun 26, 2024 to Jul 8, 2024
      • Private funds · 20 to 10
        Jun 26, 2024 to Jul 8, 2024
      Signals
      2 dated events
      • A•••• E••••• P•••••••• L•• reported RAUM $441.4M, up 74% from $254.0M (2025-05-09 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • A•••• E••••• P•••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 26, 2024 · 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
      Website
      ardanadvisory.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      917-304-7294reportedpublic record, Form ADV, May 5, 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