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.

Former SEC-registered adviser

Gmag Management LP

Former SEC-registered adviserMelville, New YorkCRD 313456SEC 801-122535IAPD
Latest filing Jul 3, 2023
First filing on the tape Sep 22, 2021 · 6 filings
RAUM
$47.2M
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
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
3
$47.2M gross assets
History
6 filings and snapshots on the tape
RAUM$47.2M as of Mar 30, 2023
Mar 31, 2022$49.5M then
HNW client RAUM: no history
State-registered IARs (5.B.3)4 as of Mar 30, 2023
Mar 31, 20224 then
Employees (5.A)6 as of Mar 30, 2023
Mar 31, 20226 then
Private funds3 as of Mar 30, 2023
Mar 31, 20223 then
RAUM -4.7% over the last fiscal yearIARs 4 to 4
Practice profile
derived from the filing of Jul 3, 2023; every figure names its basis
RAUM per advisor
$11.8MderivedRAUM 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
$15.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
1.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-4.7%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 pooled vehiclesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$47.2M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
n/areported
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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Gmag Therapeutics Fund, LPOther Private Fund$26.5M42Sep 22, 2021
      Gmag Special Circumstances Fund LPOther Private Fund$18.6M49Sep 22, 2021
      Gmag Digital Asset Fund LPOther Private Fund$2.0M64Mar 31, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • Scott Eric Bernstein · Director Of Alternative Investmentscontrol
        since 07/2020 · owns less than 5%
      • Ann Margaret Iamunno · Chief Compliance Officercontrol
        since 07/2020 · owns less than 5%
      • Patrick Frank Marzano · Managercontrol
        since 07/2020 · owns less than 5%
      • Patrick Frank Marzano · Membercontrol
        since 07/2020 · owns 75% or more of Gmag Management LLC
      • Patrick Frank Marzano · Membercontrol
        since 11/2013 · owns 25% to 50% of Piping Plovers Partners LLC
      • Jennifer Marzano · Membercontrol
        since 11/2013 · owns 25% to 50% of Piping Plovers Partners LLC
      • Michael Marzano · Trusteecontrol
        since 03/2009 · owns F of Marzano Family Grantor Trust
      Entity owners
      • Gmag Management LLC · General Partner
        direct · owns less than 5%
      • Highfield Capital Partners, LLC · Owner
        direct · owns 75% or more
      • Marzano Family Grantor Trust · Member
        indirect · owns 25% to 50% of Piping Plovers Partners LLC
      • Piping Plovers Partners LLC · Member
        indirect · owns 75% or more of Highfield Capital Partners, LLC
      Related persons
      Schedule D 7.A
      • Wealthspire Advisors
        investment advisernRAUM $4.4B
      • Gmag Diversified Fund Gp, LLC
        investment adviserpooled vehicle sponsorn
      • Gmag Risk Management, LLC
        real estaten
      Offices
      Schedule D 1.F, the 25 largest
      • Boca Raton, FL6 employees
      • New York, NY6 employees
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $49.5M to $47.2M
        Mar 31, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $49.5M to $47.2M
        Mar 31, 2022 to Mar 30, 2023
      • RAUM · $49.5M to $47.2M
        Mar 31, 2022 to Mar 30, 2023
      • Accounts · 2 to 3
        Oct 13, 2021 to Mar 31, 2022
      • Advisory employees · 3 to 4
        Oct 13, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 2 to 3
        Oct 13, 2021 to Mar 31, 2022
      • State-registered IARs · 3 to 4
        Oct 13, 2021 to Mar 31, 2022
      • Private funds · 2 to 3
        Oct 13, 2021 to Mar 31, 2022
      • Discretionary RAUM · $44.1M to $49.5M
        Oct 13, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $44.1M to $49.5M
        Oct 13, 2021 to Mar 31, 2022
      • RAUM · $44.1M to $49.5M
        Oct 13, 2021 to Mar 31, 2022
      Signals
      1 dated events
      • Gmag Management Lp filed its initial SEC registration (Form ADV)
        Sep 22, 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