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••••

Asset manager (funds and pooled vehicles)Philadelphia, PennsylvaniaCRD 314283SEC 801-122221websiteIAPD
Legal name X••••••• A••• S••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Aug 2, 2021 · 11 filings
SEC status approved since Sep 1, 2021
RAUM
$92.3M
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
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$92.3M as of Mar 31, 2026
Feb 8, 2022$79.4M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Feb 8, 20220 then
Employees (5.A)7 as of Mar 31, 2026
Feb 8, 20221 then
Private funds1 as of Mar 31, 2026
Feb 8, 20221 then
RAUM +0.0% over the last fiscal year+0.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$92.3MderivedRAUM 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
+0.0%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
$92.3M, 1 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)
  • a related person has custody of client cash (9.B.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$92.3M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$92.3M for 1 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••••••• D•••••• O••••••••• F•••• L•Private Equity Fund$92.3M11Aug 2, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • B•••• W•••••••• T••• · Chairperson/Membercontrol
        since 02/2021 · owns 10% to 25%
      • C••••••• M•••••••• · Senior Managing Director/Membercontrol
        since 02/2021 · owns 10% to 25%
      • L••••• E••••••• G•••••• · Chief Financial Officercontrol
        since 02/2021 · owns less than 5%
      • S••••• S•••••• · Chief Compliance Officercontrol
        since 02/2021 · owns less than 5%
      • W•••••••• M••••••••• A••••••• · Chief Operating Officercontrol
        since 02/2021 · owns less than 5%
      • B•••• W•••••••• T••• · Trusteecontrol
        since 12/2009 · owns F of T••• B•••• W••••••• R•••••••• T••••
      • U•••••• J•••• · Trusteecontrol
        since 12/2012 · owns F of X••••••• E••••••• S•••• O•••••••• P••• T••••
      • O••• M•••••• · Managing Director & Chief Investment Officer
        since 09/2022 · owns less than 5%
      • C••••••• M•••••••• · Managing Partner
        since 07/2021 · owns F of I••••••• 7• V•••••••• L••
      Entity owners
      • I••••••• 7• V•••••••• L•• · Member
        direct · owns 10% to 25%
      • T••• B•••• W••••••• R•••••••• T•••• · Member
        direct · owns 10% to 25%
      • X•••••••• I••• · Member
        direct · owns 50% to 75%
      • T••• B•••• W••••••• R•••••••• T•••• · Shareholder
        indirect · owns 50% to 75% of X•••••••• I•••
      • X••••••• E••••••• S•••• O•••••••• P••• T•••• · Shareholder
        indirect · owns 25% to 50% of X•••••••• I•••
      Related persons
      Schedule D 7.A
      • X••••••• A•••••••• L••
        pooled vehicle sponsory
      • X••••••• LLC
        investment adviseryRAUM $24B
      Advisers that list X•••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Employees · 6 to 7
        Jan 9, 2026 to Mar 31, 2026
      • Financial planning clients · 0 to 0
        Apr 8, 2025 to Nov 19, 2025
      • Advisory employees · 2 to 3
        Mar 20, 2023 to Mar 19, 2024
      • Assets in custody · $91.5M to $92.3M
        Mar 20, 2023 to Mar 19, 2024
      • Employees · 2 to 6
        Mar 20, 2023 to Mar 19, 2024
      • Discretionary RAUM · $91.5M to $92.3M
        Mar 20, 2023 to Mar 19, 2024
      • Pooled vehicle RAUM · $91.5M to $92.3M
        Mar 20, 2023 to Mar 19, 2024
      • RAUM · $91.5M to $92.3M
        Mar 20, 2023 to Mar 19, 2024
      • Business name · X••••••• A••• S••••••••• L•• to X••••
        Mar 9, 2023 to Mar 20, 2023
      • Advisory employees · 1 to 2
        Feb 8, 2022 to Mar 9, 2023
      • Assets in custody · $79.4M to $91.5M
        Feb 8, 2022 to Mar 9, 2023
      • Employees · 1 to 2
        Feb 8, 2022 to Mar 9, 2023
      • Discretionary RAUM · $79.4M to $91.5M
        Feb 8, 2022 to Mar 9, 2023
      • Pooled vehicle RAUM · $79.4M to $91.5M
        Feb 8, 2022 to Mar 9, 2023
      • RAUM · $79.4M to $91.5M
        Feb 8, 2022 to Mar 9, 2023
      • Accounts · 0 to 1
        Aug 2, 2021 to Jan 26, 2022
      • Assets in custody · unset to 79363000.0
        Aug 2, 2021 to Jan 26, 2022
      • Custody of client assets · false to true
        Aug 2, 2021 to Jan 26, 2022
      • Discretionary RAUM · $0 to $79.4M
        Aug 2, 2021 to Jan 26, 2022
      • Pooled vehicle RAUM · $0 to $79.4M
        Aug 2, 2021 to Jan 26, 2022
      • RAUM · $0 to $79.4M
        Aug 2, 2021 to Jan 26, 2022
      Signals
      1 dated events
      • X••••••• A••• S••••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 2, 2021 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      • Xalts · Independent Sponsors
        shared crd · capital_provider
      • Xalts · Private Equity
        shared crd · organization
      How to reach
      public business contact points only, each with its source
      Website
      x•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      215-567-1100reportedpublic record, Form ADV, Mar 31, 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