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

X• C•••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Minneapolis, MinnesotaCRD 313966SEC 801-126177websiteIAPD
Latest filing May 22, 2026
First filing on the tape Jun 24, 2022 · 7 filings
SEC status approved since Jul 22, 2022
RAUM
$184M
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
9
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$184M as of May 22, 2026
Mar 1, 2023$159M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 22, 2026
Mar 1, 20230 then
Employees (5.A)9 as of May 22, 2026
Mar 1, 20238 then
Private funds1 as of May 22, 2026
Mar 1, 20231 then
RAUM +8.0% over the last fiscal year+5.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 22, 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
$61.3MderivedRAUM 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
+8.0%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
$62.0M, 5 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$184M100%
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
$62.0M for 5 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      X• 3• H••••• M••••• F••• L••Hedge Fund$160M5Mar 9, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • A••••••• W••••• A•• · Chief Compliance Officer And Chief Administrative Officercontrol
        since 02/2022 · owns less than 5%
      • R••••••• A•••••• J•• · Foundercontrol
        since 01/2021 · owns less than 5%
      • R••••••• A•••••• J•• · Trusteecontrol
        since 12/2012 · owns F of 2••• R•••••••• T•••• O• A••••• J• R••••••
      Entity owners
      • 2••• R•••••••• T•••• O• A••••• J• R•••••• · Trustee
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • X• H••••• M••••• O••••••• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $61.0M to $62.0M
        Apr 30, 2025 to Mar 19, 2026
      • Discretionary RAUM · $170M to $184M
        Apr 30, 2025 to Mar 19, 2026
      • Pooled vehicle RAUM · $170M to $184M
        Apr 30, 2025 to Mar 19, 2026
      • RAUM · $170M to $184M
        Apr 30, 2025 to Mar 19, 2026
      • Accounts · 2 to 3
        Mar 26, 2024 to Apr 30, 2025
      • Advisory employees · 6 to 5
        Mar 26, 2024 to Apr 30, 2025
      • Pooled vehicle clients · 2 to 3
        Mar 26, 2024 to Apr 30, 2025
      • Assets in custody · $68.8M to $61.0M
        Mar 26, 2024 to Apr 30, 2025
      • Employees · 12 to 9
        Mar 26, 2024 to Apr 30, 2025
      • Financial planning clients · unset to
        Mar 26, 2024 to Apr 30, 2025
      • Discretionary RAUM · $160M to $170M
        Mar 26, 2024 to Apr 30, 2025
      • Pooled vehicle RAUM · $160M to $170M
        Mar 26, 2024 to Apr 30, 2025
      • RAUM · $160M to $170M
        Mar 26, 2024 to Apr 30, 2025
      • Advisory employees · 5 to 6
        Dec 14, 2023 to Mar 26, 2024
      • Assets in custody · $64.4M to $68.8M
        Dec 14, 2023 to Mar 26, 2024
      • Employees · 8 to 12
        Dec 14, 2023 to Mar 26, 2024
      • Discretionary RAUM · $169M to $160M
        Dec 14, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $169M to $160M
        Dec 14, 2023 to Mar 26, 2024
      • RAUM · $169M to $160M
        Dec 14, 2023 to Mar 26, 2024
      • Accounts · 8 to 2
        Mar 1, 2023 to Dec 14, 2023
      • Pooled vehicle clients · 5 to 2
        Mar 1, 2023 to Dec 14, 2023
      • Assets in custody · unset to 64400000.0
        Mar 1, 2023 to Dec 14, 2023
      • Custody of client assets · false to true
        Mar 1, 2023 to Dec 14, 2023
      • Discretionary RAUM · $159M to $169M
        Mar 1, 2023 to Dec 14, 2023
      • Pooled vehicle RAUM · $63.6M to $169M
        Mar 1, 2023 to Dec 14, 2023
      • RAUM · $159M to $169M
        Mar 1, 2023 to Dec 14, 2023
      • Accounts · 6 to 8
        Jun 24, 2022 to Mar 1, 2023
      • Other offices · 1 to 0
        Jun 24, 2022 to Mar 1, 2023
      • Private funds · 2 to 1
        Jun 24, 2022 to Mar 1, 2023
      • Discretionary RAUM · $103M to $159M
        Jun 24, 2022 to Mar 1, 2023
      • Pooled vehicle RAUM · $94.0M to $63.6M
        Jun 24, 2022 to Mar 1, 2023
      • RAUM · $103M to $159M
        Jun 24, 2022 to Mar 1, 2023
      Signals
      1 dated events
      • X• C•••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 24, 2022 · 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.
      How to reach
      public business contact points only, each with its source
      Principal office phone
      612-457-0070reportedpublic record, Form ADV, Mar 26, 2024
      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