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

N•••• M••••••••• L••

Asset manager (funds and pooled vehicles)Hermosa Beach, CaliforniaCRD 312637SEC 801-126021websiteIAPD
Latest filing May 11, 2026
First filing on the tape Jun 2, 2022 · 12 filings
SEC status approved since Jul 6, 2022
RAUM
$450M
reported, Item 5.F
Discretionary
63%
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
8
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$450M as of May 11, 2026
Mar 27, 2023$483M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 11, 2026
Mar 27, 20230 then
Employees (5.A)8 as of May 11, 2026
Mar 27, 20238 then
Private funds3 as of May 11, 2026
Mar 27, 20233 then
RAUM -11% over the last fiscal year-2.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 11, 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
$150MderivedRAUM over accounts (5.F.2.f)
Discretionary
63%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-11%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
$450M, 3 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$450M100%
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
$450M for 3 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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H•••••• F••• L••Private Equity Fund$262M1Mar 27, 2023
      V••••••• P••••••• L••Private Equity Fund$167M10Mar 18, 2022
      N•••• J••••• H••••••• L••Private Equity Fund$86.6M5Mar 4, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • K••••• W•••••• J•••• · Chief Operating Officer And Chief Compliance Officercontrol
        since 01/2024 · owns less than 5%
      • N••••• P••••• J••••• · Managing Membercontrol
        since 09/2019 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 6 to 5
        Dec 5, 2025 to Mar 30, 2026
      • Assets in custody · $507M to $450M
        Dec 5, 2025 to Mar 30, 2026
      • Employees · 10 to 8
        Dec 5, 2025 to Mar 30, 2026
      • Discretionary RAUM · $350M to $286M
        Dec 5, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $157M to $165M
        Dec 5, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $507M to $450M
        Dec 5, 2025 to Mar 30, 2026
      • RAUM · $507M to $450M
        Dec 5, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Jun 4, 2025 to Jul 25, 2025
      • Advisory employees · 5 to 6
        Mar 27, 2024 to Mar 26, 2025
      • Assets in custody · $516M to $507M
        Mar 27, 2024 to Mar 26, 2025
      • Employees · 8 to 10
        Mar 27, 2024 to Mar 26, 2025
      • Discretionary RAUM · $354M to $350M
        Mar 27, 2024 to Mar 26, 2025
      • Non-discretionary RAUM · $162M to $157M
        Mar 27, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $516M to $507M
        Mar 27, 2024 to Mar 26, 2025
      • RAUM · $516M to $507M
        Mar 27, 2024 to Mar 26, 2025
      • Assets in custody · $483M to $516M
        Feb 14, 2024 to Mar 27, 2024
      • Discretionary RAUM · $283M to $354M
        Feb 14, 2024 to Mar 27, 2024
      • Non-discretionary RAUM · $200M to $162M
        Feb 14, 2024 to Mar 27, 2024
      • Pooled vehicle RAUM · $483M to $516M
        Feb 14, 2024 to Mar 27, 2024
      • RAUM · $483M to $516M
        Feb 14, 2024 to Mar 27, 2024
      • Accounts · 2 to 3
        Sep 8, 2022 to Mar 27, 2023
      • Advisory employees · 4 to 5
        Sep 8, 2022 to Mar 27, 2023
      • Pooled vehicle clients · 2 to 3
        Sep 8, 2022 to Mar 27, 2023
      • Assets in custody · $165M to $483M
        Sep 8, 2022 to Mar 27, 2023
      • Employees · 6 to 8
        Sep 8, 2022 to Mar 27, 2023
      • Private funds · 2 to 3
        Sep 8, 2022 to Mar 27, 2023
      • Discretionary RAUM · $165M to $283M
        Sep 8, 2022 to Mar 27, 2023
      • Non-discretionary RAUM · $0 to $200M
        Sep 8, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $165M to $483M
        Sep 8, 2022 to Mar 27, 2023
      • RAUM · $165M to $483M
        Sep 8, 2022 to Mar 27, 2023
      • Private funds · 4 to 2
        Jun 2, 2022 to Sep 8, 2022
      Signals
      4 dated events
      • James Wesley Knuth (Chief Operating Officer And Chief Compliance Officer) appeared on Schedule A of N•••• M••••••••• L••
        Feb 14, 2024 · Control person joined · fact
      • Seung Yol James Shin (Chief Compliance Officer And Chief Financial Offier) no longer on Schedule A of N•••• M••••••••• L•• (listed 2023-11-22, absent 2024-02-14)
        Feb 14, 2024 · Control person left · inference
      • N•••• M••••••••• L•• reported RAUM $483.4M, up 193% from $164.8M (2022-09-08 to 2023-03-27)
        Mar 27, 2023 · RAUM change · derived
      • N•••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 2, 2022 · 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
      n•••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      424-675-7605reportedpublic record, Form ADV, May 11, 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