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

S•••••• P••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Palo Alto, CaliforniaCRD 314618SEC 801-121934websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Jun 29, 2021 · 8 filings
SEC status approved since Jul 29, 2021
RAUM
$590M
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
10
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
10
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$590M as of Mar 25, 2026
Mar 31, 2022$410M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Mar 31, 20220 then
Employees (5.A)10 as of Mar 25, 2026
Mar 31, 20228 then
Private funds10 as of Mar 25, 2026
Mar 31, 20228 then
RAUM +2.2% over the last fiscal year+4.5% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 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
$59.0MderivedRAUM 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
+2.2%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
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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$590M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
10reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
      12 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S•••••• C•••••• I•• L•Other Private Fund$143M99Mar 30, 2021
      S•••••• C•••••• I• P•••••••• L••Other Private Fund$142M1Mar 30, 2021
      S•••••• C•••••• I•• P•••••••• L••Other Private Fund$51.0M1Mar 26, 2019
      S•••••• V•••••••• L•Venture Capital Fund$31.5M37Mar 30, 2021
      S•••••• C•••••• V• L•Other Private Fund$27.9M77Mar 27, 2023
      S•••••• C•••••• V• P•••••••• L••Other Private Fund$21.4M2Apr 12, 2023
      S•••••• C•••••• I••• L•Other Private Fund$19.7M57May 1, 2018
      V•• P••••••• I•• L•Other Private Fund$7.8M47May 1, 2018
      S••••••••• D•• L•Venture Capital Fund$6.7M24Mar 27, 2024
      S•••••• V••••••• I•• L•Venture Capital Fund$4.8M14Mar 27, 2024
      S• L•• P•••••••• L•Venture Capital Fund$4.3M32Mar 31, 2022
      V•• P•••••••• L•Other Private Fund$1.0M57May 1, 2018
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••• D•••• · Managing Partnercontrol
        since 05/2014 · owns less than 5%
      • R••••••• R•••• J•••••• · Chief Financial Officer & Chief Compliance Officercontrol
        since 12/2020 · owns less than 5%
      • C••••••• A•••••• Y•••• · Trusteecontrol
        since 06/1999 · owns F of D•••• V• C•••••• • A••••• Y• C••••••• T••••••• U•••• 6••••••
      • C••••••• D•••• · Trusteecontrol
        since 06/1999 · owns F of D•••• V• C•••••• • A••••• Y• C••••••• T••••••• U•••• 6••••••
      Entity owners
      • L•• I•• H•••••• L• · Shareholder
        indirect · owns F of T••• I•• S•• X••• L••
      • P•••• B•••• F••• I•• • L••• · Limited Partner
        indirect · owns 75% or more of L•• I•• H•••••• L•
      • D•••• V• C•••••• • A••••• Y• C••••••• T••••••• U•••• 6•••••• · Member
        direct · owns 75% or more
      • T••• I•• S•• X••• L•• · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • S• I•• I••••••••• P•••••••• L••
        pooled vehicle sponsory
      • S• I• I••••••••• P•••••••• L••
        pooled vehicle sponsory
      • S•••••• P••••••• A••••••••• I••• L••
        pooled vehicle sponsory
      • S•••••• P••••••• A••••••••• I•• L••
        pooled vehicle sponsory
      • S•••••• P••••••• A••••••••• V• L••
        pooled vehicle sponsory
      • S•••••• V••••••• A••••••••• I•• L••
        pooled vehicle sponsory
      • S•••••• V••••••• A••••••••• L••
        pooled vehicle sponsory
      • S• L•• A••••••••• L••
        pooled vehicle sponsory
      • S••••••••• D• A••••••••• L••
        pooled vehicle sponsory
      • V•• A••••••••• I•• L••
        pooled vehicle sponsory
      • V•• A••••••••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY2 employees
      What changed
      consecutive filings, newest first
      • Accounts · 11 to 10
        Mar 27, 2025 to Mar 25, 2026
      • Pooled vehicle clients · 11 to 10
        Mar 27, 2025 to Mar 25, 2026
      • Private funds · 12 to 10
        Mar 27, 2025 to Mar 25, 2026
      • Discretionary RAUM · $577M to $590M
        Mar 27, 2025 to Mar 25, 2026
      • Pooled vehicle RAUM · $577M to $590M
        Mar 27, 2025 to Mar 25, 2026
      • RAUM · $577M to $590M
        Mar 27, 2025 to Mar 25, 2026
      • Accounts · 12 to 11
        Mar 27, 2024 to Mar 27, 2025
      • Advisory employees · 7 to 6
        Mar 27, 2024 to Mar 27, 2025
      • Pooled vehicle clients · 12 to 11
        Mar 27, 2024 to Mar 27, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 27, 2025
      • Other offices · 1 to 0
        Mar 27, 2024 to Mar 27, 2025
      • Discretionary RAUM · $588M to $577M
        Mar 27, 2024 to Mar 27, 2025
      • Pooled vehicle RAUM · $588M to $577M
        Mar 27, 2024 to Mar 27, 2025
      • RAUM · $588M to $577M
        Mar 27, 2024 to Mar 27, 2025
      • Other offices · 0 to 1
        Apr 12, 2023 to Mar 27, 2024
      • Private funds · 10 to 12
        Apr 12, 2023 to Mar 27, 2024
      • Discretionary RAUM · $517M to $588M
        Apr 12, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $517M to $588M
        Apr 12, 2023 to Mar 27, 2024
      • RAUM · $517M to $588M
        Apr 12, 2023 to Mar 27, 2024
      • Accounts · 10 to 12
        Apr 12, 2023 to Mar 27, 2024
      • Advisory employees · 8 to 7
        Apr 12, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 10 to 12
        Apr 12, 2023 to Mar 27, 2024
      • Employees · 11 to 10
        Apr 12, 2023 to Mar 27, 2024
      • Accounts · 9 to 10
        Mar 27, 2023 to Apr 12, 2023
      • Pooled vehicle clients · 9 to 10
        Mar 27, 2023 to Apr 12, 2023
      • Private funds · 9 to 10
        Mar 27, 2023 to Apr 12, 2023
      • Accounts · 8 to 9
        Mar 31, 2022 to Mar 27, 2023
      • Advisory employees · 6 to 8
        Mar 31, 2022 to Mar 27, 2023
      • Pooled vehicle clients · 8 to 9
        Mar 31, 2022 to Mar 27, 2023
      • Employees · 8 to 11
        Mar 31, 2022 to Mar 27, 2023
      • Private funds · 8 to 9
        Mar 31, 2022 to Mar 27, 2023
      • Discretionary RAUM · $410M to $517M
        Mar 31, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $410M to $517M
        Mar 31, 2022 to Mar 27, 2023
      • RAUM · $410M to $517M
        Mar 31, 2022 to Mar 27, 2023
      • Accounts · 7 to 8
        Nov 10, 2021 to Mar 31, 2022
      • Advisory employees · 5 to 6
        Nov 10, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 7 to 8
        Nov 10, 2021 to Mar 31, 2022
      • Employees · 7 to 8
        Nov 10, 2021 to Mar 31, 2022
      • Private funds · 7 to 8
        Nov 10, 2021 to Mar 31, 2022
      • Discretionary RAUM · $344M to $410M
        Nov 10, 2021 to Mar 31, 2022
      Signals
      2 dated events
      • S•••••• P••••••• M••••••••• L•• reported RAUM $516.6M, up 26% from $409.6M (2022-03-31 to 2023-03-27)
        Mar 27, 2023 · RAUM change · derived
      • S•••••• P••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 29, 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
      Firm profile
      linkedin.com/company/vsl-partnersreportedpublic record, Form ADV, Sep 18, 2026
      Firm profile
      linkedin.com/company/section-partnersreportedpublic record, Form ADV, Sep 18, 2026
      Website
      S••••••PARTNERS.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      650-229-8519reportedpublic record, Form ADV, Mar 25, 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