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

P•••• S••••••••• I••••••••• M••••••••• I•••

Former SEC-registered adviserMontreal, Quebec, CRD 312955SEC 801-121250websiteIAPD
Latest filing May 14, 2024
First filing on the tape Apr 19, 2021 · 12 filings
SEC status approved since May 20, 2021
RAUM
$515M
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
41
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
$43.0M gross assets
History
12 filings and snapshots on the tape
RAUM$515M as of Mar 29, 2024
Mar 30, 2022$1.0B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 29, 2024
Mar 30, 20220 then
Employees (5.A)41 as of Mar 29, 2024
Mar 30, 202240 then
Private funds1 as of Mar 29, 2024
Mar 30, 20221 then
RAUM -22% over the last fiscal yearIARs 0 to 0offices 2 to 1
Practice profile
derived from the filing of May 14, 2024; 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
$85.9MderivedRAUM 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
-22%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 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
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$469M91%
  • Pooled investment vehicles$46.5M9.0%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
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)
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••• D•••• · General Counselcontrol
        since 11/2018 · owns less than 5%
      • G••••••• D••••••• N•• · Director And Chief Financial Officercontrol
        since 08/2022 · owns less than 5%
      • H••• B••••• M•• J•• · Chief Compliance Officercontrol
        since 01/2022 · owns less than 5%
      • D••••••••• A••••• R•••• · Trusteecontrol
        since 10/2013 · owns F of T•• D•••••••• F••••• R•••••••• T••••
      • D••••••••• P•••• G•• · Trusteecontrol
        since 10/2013 · owns F of T•• D•••••••• F••••• R•••••••• T••••
      • D•••• G•••• A••••• · Trusteecontrol
        since 05/2023 · owns F of T•• D•••••••• F••••• R•••••••• T••••
      • F••••••• G••••••• J•••• · Trusteecontrol
        since 02/2024 · owns F of T•• D•••••••• F••••• R•••••••• T••••
      • H••• W•••••• N•• · Director
        since 08/2022 · owns less than 5%
      • L••• Y••••• · Director
        since 11/2018 · owns less than 5%
      • D••••••••• S•••••• C••••••• · Trustee, Non-Voting
        since 03/2018 · owns F of T•• D•••••••• F••••• R•••••••• T••••
      Entity owners
      • P•••• S••••••••• C•••••• I••• · Shareholder
        direct · owns 75% or more
      • P•••••• H•••••• I••• · Shareholder
        indirect · owns 50% to 75% of P•••• C••••••••• O• C•••••
      • P•••• C••••••••• O• C••••• · Shareholder
        indirect · owns 75% or more of P•••• S••••••••• C•••••• I•••
      • T•• D•••••••• F••••• R•••••••• T•••• · Shareholder
        indirect · owns 75% or more of P•••••• H•••••• I•••
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      • Shanghai, China8 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 13 to 12
        Apr 19, 2023 to Mar 29, 2024
      • Employees · 40 to 41
        Apr 19, 2023 to Mar 29, 2024
      • Other offices · 2 to 1
        Apr 19, 2023 to Mar 29, 2024
      • Discretionary RAUM · $663M to $515M
        Apr 19, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $63.1M to $46.5M
        Apr 19, 2023 to Mar 29, 2024
      • RAUM · $663M to $515M
        Apr 19, 2023 to Mar 29, 2024
      • Discretionary RAUM · $658M to $663M
        Dec 20, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $63.8M to $63.1M
        Dec 20, 2022 to Mar 31, 2023
      • RAUM · $658M to $663M
        Dec 20, 2022 to Mar 31, 2023
      • Assets in custody · 129303434.0 to unset
        Dec 13, 2022 to Dec 20, 2022
      • Custody of client assets · true to false
        Dec 13, 2022 to Dec 20, 2022
      • Assets in custody · unset to 129303434.0
        Dec 2, 2022 to Dec 13, 2022
      • Custody of client assets · false to true
        Dec 2, 2022 to Dec 13, 2022
      • Accounts · 32 to 6
        May 2, 2022 to Dec 2, 2022
      • Pooled vehicle clients · 30 to 4
        May 2, 2022 to Dec 2, 2022
      • Discretionary RAUM · $1.0B to $658M
        May 2, 2022 to Dec 2, 2022
      • Pooled vehicle RAUM · $93.3M to $63.8M
        May 2, 2022 to Dec 2, 2022
      • RAUM · $1.0B to $658M
        May 2, 2022 to Dec 2, 2022
      • Accounts · 5 to 32
        Mar 3, 2022 to Mar 30, 2022
      • Business name · P•••• P•••••• I••••••••• M••••••••• I••• to P•••• S••••••••• I••••••••• M••••••••• I•••
        Mar 3, 2022 to Mar 30, 2022
      • Corporate clients · 1 to 2
        Mar 3, 2022 to Mar 30, 2022
      • Pooled vehicle clients · 4 to 30
        Mar 3, 2022 to Mar 30, 2022
      • Employees · 32 to 40
        Mar 3, 2022 to Mar 30, 2022
      • Legal name · P•••• P•••••• I••••••••• M••••••••• I••• to P•••• S••••••••• I••••••••• M••••••••• I•••
        Mar 3, 2022 to Mar 30, 2022
      • Discretionary RAUM · $836M to $1.0B
        Mar 3, 2022 to Mar 30, 2022
      • Pooled vehicle RAUM · $77.1M to $93.3M
        Mar 3, 2022 to Mar 30, 2022
      • RAUM · $836M to $1.0B
        Mar 3, 2022 to Mar 30, 2022
      Signals
      10 dated events
      • P•••• S••••••••• I••••••••• M••••••••• I••• no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $515.2M)
        May 2, 2025 · Left the SEC roster · derived
      • Guy Fortin (Trustee) no longer on Schedule A of P•••• S••••••••• I••••••••• M••••••••• I••• (listed 2023-04-19, absent 2024-03-29)
        Mar 29, 2024 · Control person left · inference
      • James Gregory Fleming (Trustee) appeared on Schedule A of P•••• S••••••••• I••••••••• M••••••••• I•••
        Mar 29, 2024 · Control person joined · fact
      • Albert Gary Doer (Trustee) appeared on Schedule A of P•••• S••••••••• I••••••••• M••••••••• I•••
        Mar 29, 2024 · Control person joined · fact
      • Michel Plessis-Belair (Trustee) no longer on Schedule A of P•••• S••••••••• I••••••••• M••••••••• I••• (listed 2023-04-19, absent 2024-03-29)
        Mar 29, 2024 · Control person left · inference
      • A••••• B•••••• (Director) no longer on Schedule A of P•••• S••••••••• I••••••••• M••••••••• I••• (listed 2023-03-31, absent 2023-04-19)
        Apr 19, 2023 · Control person left · inference
      • P•••• S••••••••• I••••••••• M••••••••• I••• reported RAUM $657.9M, down 35% from $1.0B (2022-05-02 to 2022-12-02)
        Dec 2, 2022 · RAUM change · derived
      • Nmn D•••••• G•••••• (Chief Financial Officer) appeared on Schedule A of P•••• S••••••••• I••••••••• M••••••••• I•••
        Dec 2, 2022 · Control person joined · fact
      • May Jan B•••• Hum (Chief Compliance Officer) appeared on Schedule A of P•••• S••••••••• I••••••••• M••••••••• I•••
        Mar 30, 2022 · Control person joined · fact
      • P•••• P•••••• I••••••••• M••••••••• I••• filed its initial SEC registration (Form ADV)
        Apr 19, 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.
      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