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

H•••••••• P•••••••• L••

Asset manager (funds and pooled vehicles)Norwalk, ConnecticutCRD 313052SEC 801-120555websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Feb 17, 2021 · 19 filings
SEC status approved since Mar 18, 2021
RAUM
$1.4B
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
27
22 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
18
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$1.4B as of Mar 27, 2026
Mar 31, 2022$393M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 31, 20220 then
Employees (5.A)27 as of Mar 27, 2026
Mar 31, 202221 then
Private funds18 as of Mar 27, 2026
Mar 31, 20221 then
RAUM +6.7% over the last fiscal year+43% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 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
$75.5MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+6.7%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$1.4B, 18 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$1.4B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
18reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.4B for 18 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
      19 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H•••••••• P••••••• I••• L•••Private Equity Fund$551M97Mar 30, 2018
      H•••••••• P••••••• I•• L•Private Equity Fund$506M110Feb 17, 2021
      H•••••••• P••••••• I•• L•••Private Equity Fund$239M128Feb 16, 2012
      C• Z•••• L••Private Equity Fund$164M45Mar 21, 2016
      C• P•••• L••Private Equity Fund$124M15Mar 29, 2021
      H•• G••••• L••Private Equity Fund$105M16Mar 31, 2022
      C• M••••••••• L••Private Equity Fund$96.8M30Mar 26, 2013
      C• H••••• L••Private Equity Fund$94.2M31Mar 26, 2020
      C• T••••• L••Private Equity Fund$76.8M25Mar 29, 2019
      H•• B••••• L••Private Equity Fund$76.1M26Mar 31, 2023
      C• T•••• L••Private Equity Fund$64.8M15Mar 29, 2019
      H•• S•••• L••Private Equity Fund$63.0M17Mar 31, 2023
      H•• C•••• L••Private Equity Fund$54.2M18Mar 31, 2022
      H•• P••••• L••Private Equity Fund$36.9M13Mar 27, 2024
      H•• E••••• L••Private Equity Fund$19.6M16Mar 29, 2021
      C• S•••••• L••Private Equity Fund$3.7M33Mar 30, 2018
      C• T•••• L••Private Equity Fund$2.1M16Mar 29, 2019
      C• P••••••• L••Private Equity Fund$049Mar 21, 2016
      C• A••••• L••Private Equity Fund$041Mar 31, 2015
      Owners and control persons
      Schedule A and B, latest filing
      • A••••••••• M•••• D•••••• · Managing Membercontrol
        since 02/2020 · owns 50% to 75%
      • R•••••• B••••• N•• · Chief Compliance Officer/Chief Financial Officercontrol
        since 10/2023 · owns less than 5%
      • T•••••• R•••••• S•••• · Managing Membercontrol
        since 02/2020 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Advisers that list H•••••••• P•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 19 to 18
        Mar 28, 2025 to Mar 27, 2026
      • Advisory employees · 20 to 22
        Mar 28, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 19 to 18
        Mar 28, 2025 to Mar 27, 2026
      • Assets in custody · $1.3B to $1.4B
        Mar 28, 2025 to Mar 27, 2026
      • Employees · 24 to 27
        Mar 28, 2025 to Mar 27, 2026
      • Private funds · 19 to 18
        Mar 28, 2025 to Mar 27, 2026
      • Discretionary RAUM · $1.3B to $1.4B
        Mar 28, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $1.3B to $1.4B
        Mar 28, 2025 to Mar 27, 2026
      • RAUM · $1.3B to $1.4B
        Mar 28, 2025 to Mar 27, 2026
      • Assets in custody · $1.4B to $1.3B
        Mar 27, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 28, 2025
      • Discretionary RAUM · $1.4B to $1.3B
        Mar 27, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $1.4B to $1.3B
        Mar 27, 2024 to Mar 28, 2025
      • RAUM · $1.4B to $1.3B
        Mar 27, 2024 to Mar 28, 2025
      • Accounts · 3 to 19
        Oct 25, 2023 to Mar 27, 2024
      • Advisory employees · 21 to 20
        Oct 25, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 3 to 19
        Oct 25, 2023 to Mar 27, 2024
      • Assets in custody · $462M to $1.4B
        Oct 25, 2023 to Mar 27, 2024
      • Employees · 25 to 24
        Oct 25, 2023 to Mar 27, 2024
      • Private funds · 3 to 19
        Oct 25, 2023 to Mar 27, 2024
      • Discretionary RAUM · $462M to $1.4B
        Oct 25, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $462M to $1.4B
        Oct 25, 2023 to Mar 27, 2024
      • RAUM · $462M to $1.4B
        Oct 25, 2023 to Mar 27, 2024
      • Related adviser · true to false
        Oct 25, 2023 to Mar 27, 2024
      • Accounts · 1 to 3
        Jul 6, 2022 to Mar 31, 2023
      • Advisory employees · 18 to 21
        Jul 6, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 1 to 3
        Jul 6, 2022 to Mar 31, 2023
      • Assets in custody · $393M to $462M
        Jul 6, 2022 to Mar 31, 2023
      • Employees · 21 to 25
        Jul 6, 2022 to Mar 31, 2023
      • Financial planning clients · 0 to unset
        Jul 6, 2022 to Mar 31, 2023
      • Private funds · 1 to 3
        Jul 6, 2022 to Mar 31, 2023
      • Discretionary RAUM · $393M to $462M
        Jul 6, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $393M to $462M
        Jul 6, 2022 to Mar 31, 2023
      • RAUM · $393M to $462M
        Jul 6, 2022 to Mar 31, 2023
      • Advisory employees · 20 to 18
        Jul 20, 2021 to Mar 31, 2022
      • Assets in custody · $301M to $393M
        Jul 20, 2021 to Mar 31, 2022
      • Employees · 23 to 21
        Jul 20, 2021 to Mar 31, 2022
      • Discretionary RAUM · $301M to $393M
        Jul 20, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $301M to $393M
        Jul 20, 2021 to Mar 31, 2022
      • RAUM · $301M to $393M
        Jul 20, 2021 to Mar 31, 2022
      Signals
      3 dated events
      • H•••••••• P•••••••• L•• reported RAUM $1.4B, up 210% from $462.3M (2023-10-25 to 2024-03-27)
        Mar 27, 2024 · RAUM change · derived
      • Nmn Berat Rifati (Chief Compliance Officer) appeared on Schedule A of H•••••••• P•••••••• L••
        Oct 25, 2023 · Control person joined · fact
      • H•••••••• P••••••• filed its initial SEC registration (Form ADV)
        Feb 17, 2021 · 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
      heartwoodpartners.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      203-625-0770reportedpublic record, Form ADV, Mar 27, 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