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

D••••• E•••• F••••• O••••••• L••

Other adviserFort Worth, TexasCRD 315523SEC 801-122127IAPD
Latest filing Jun 22, 2026
First filing on the tape Jul 20, 2021 · 11 filings
SEC status approved since Sep 22, 2021
RAUM
$1.4B
reported, Item 5.F
Discretionary
35%
of RAUM
Private clients
0.5%
$6.5M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
9
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$1.4B as of Jun 22, 2026
Jan 20, 2022$700M then
HNW client RAUM$6.5M as of Jun 22, 2026
Jan 20, 2022$700M then
State-registered IARs (5.B.3)0 as of Jun 22, 2026
Jan 20, 20220 then
Employees (5.A)6 as of Jun 22, 2026
Jan 20, 20222 then
Private funds9 as of Jun 22, 2026
Mar 31, 20231 then
RAUM +163% over the last fiscal year+42% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 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
$3.3MderivedHNW RAUM over HNW clients
Average account
$12.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
35%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
+163%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, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$628M, 19 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 custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$491M99%
  • High-net-worth individuals$6.5M1.3%
Individual clients
n/areported
HNW clients
2reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
114reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$628M for 19 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.0 fund_share=0.35 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
      7 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      D• B••••• L••Private Equity Fund$30.8M8Mar 29, 2024
      D••• N•••••• L•Private Equity Fund$27.2M32Mar 31, 2023
      D••••• E•••• S•••••• H•••••• L••Private Equity Fund$16.5M21Mar 29, 2024
      D••••••••• H•••••••• L••Private Equity Fund$13.3M6Mar 29, 2024
      D• P•• H•••••• L••Private Equity Fund$11.0M2Mar 29, 2024
      E•••••••• E•••• I••••••••• L••Private Equity Fund$8.6M11Mar 29, 2024
      D••••• E•••• S••••••• H•••••• L••Private Equity Fund$1.5M11Mar 29, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• M•••• · Chief Compliance Officer, Controllercontrol
        since 08/2023 · owns less than 5%
      • K••••••• E•••• K••• · Controllercontrol
        since 09/2021 · owns less than 5%
      • K•••••• P•••• W••••• · Managing Directorcontrol
        since 07/2021 · owns less than 5%
      • C••••••••• B••••• A•••• · Trusteecontrol
        since 07/2021 · owns F of C•••••• L••••• T••••
      • K•••••• P•••• W••••• · Trusteecontrol
        since 07/2021 · owns F of C•••••• L••••• T••••
      Entity owners
      • C•••••• L••••• T•••• · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • D••• G•• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • discretionary share shiftChange between filings · filing Mar 30, 2026
        discretionary share of RAUM moved from 14.0% to 35.0% between the annual amendments of 2025-04-29 and 2026-03-30
        peers: other advisers, $1B to $5B (247)
      • RAUM up 50 %Change between filings · filing Mar 30, 2026
        RAUM (Item 5.F) moved from $530,911,370 to $1,398,671,728 (+163.0%) between the annual amendments of 2025-04-29 and 2026-03-30; the peer median change was +11.0% (231 comparable advisers, 94.0th percentile of changes)
        peers: other advisers, $1B to $5B (231) · 94% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 102 to 114
        Apr 29, 2025 to Mar 30, 2026
      • Advisory employees · 4 to 6
        Apr 29, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 7 to 9
        Apr 29, 2025 to Mar 30, 2026
      • Assets in custody · $87.2M to $628M
        Apr 29, 2025 to Mar 30, 2026
      • Employees · 4 to 6
        Apr 29, 2025 to Mar 30, 2026
      • Private funds · 7 to 9
        Apr 29, 2025 to Mar 30, 2026
      • Discretionary RAUM · $73.3M to $491M
        Apr 29, 2025 to Mar 30, 2026
      • HNW RAUM · $6.2M to $6.5M
        Apr 29, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $458M to $907M
        Apr 29, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $73.3M to $491M
        Apr 29, 2025 to Mar 30, 2026
      • RAUM · $531M to $1.4B
        Apr 29, 2025 to Mar 30, 2026
      • Accounts · 141 to 102
        Apr 15, 2024 to Apr 29, 2025
      • HNW clients · 3 to 2
        Apr 15, 2024 to Apr 29, 2025
      • Assets in custody · $84.0M to $87.2M
        Apr 15, 2024 to Apr 29, 2025
      • Financial planning clients · 0 to 0
        Apr 15, 2024 to Apr 29, 2025
      • Discretionary RAUM · $109M to $73.3M
        Apr 15, 2024 to Apr 29, 2025
      • HNW RAUM · $14.7M to $6.2M
        Apr 15, 2024 to Apr 29, 2025
      • Non-discretionary RAUM · $428M to $458M
        Apr 15, 2024 to Apr 29, 2025
      • Pooled vehicle RAUM · $109M to $73.3M
        Apr 15, 2024 to Apr 29, 2025
      • RAUM · $537M to $531M
        Apr 15, 2024 to Apr 29, 2025
      • Accounts · 78 to 141
        Oct 23, 2023 to Mar 29, 2024
      • HNW clients · 4 to 3
        Oct 23, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 1 to 7
        Oct 23, 2023 to Mar 29, 2024
      • Assets in custody · $7.6M to $84.0M
        Oct 23, 2023 to Mar 29, 2024
      • Financial planning clients · unset to 0
        Oct 23, 2023 to Mar 29, 2024
      • Private funds · 1 to 7
        Oct 23, 2023 to Mar 29, 2024
      • Discretionary RAUM · $0 to $109M
        Oct 23, 2023 to Mar 29, 2024
      • HNW RAUM · $37.6M to $14.7M
        Oct 23, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $487M to $428M
        Oct 23, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $26.4M to $109M
        Oct 23, 2023 to Mar 29, 2024
      • RAUM · $487M to $537M
        Oct 23, 2023 to Mar 29, 2024
      • Advisory employees · 2 to 4
        Mar 31, 2023 to Oct 19, 2023
      • Employees · 2 to 4
        Mar 31, 2023 to Oct 19, 2023
      • Accounts · 60 to 78
        Jan 20, 2022 to Mar 31, 2023
      • Advisory activities · 2 to 3
        Jan 20, 2022 to Mar 31, 2023
      • HNW clients · 13 to 4
        Jan 20, 2022 to Mar 31, 2023
      • Pooled vehicle clients · unset to 1.0
        Jan 20, 2022 to Mar 31, 2023
      • Assets in custody · $3.5M to $7.6M
        Jan 20, 2022 to Mar 31, 2023
      • Private funds · unset to 1
        Jan 20, 2022 to Mar 31, 2023
      • HNW RAUM · $700M to $37.6M
        Jan 20, 2022 to Mar 31, 2023
      Signals
      5 dated events
      • D••••• E•••• F••••• O••••••• L•• reported RAUM $1.4B, up 163% from $530.9M (2025-04-29 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • M•••• B••••• (Chief Compliance Officer, Controller) appeared on Schedule A of D••••• E•••• F••••• O••••••• L••
        Oct 19, 2023 · Control person joined · fact
      • D••••• E•••• F••••• O••••••• L•• reported RAUM $487.3M, down 30% from $699.6M (2022-01-20 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Kaye Erin Keeling (Chief Compliance Officer And Controller) appeared on Schedule A of D••••• E•••• F••••• O••••••• L••
        Jan 20, 2022 · Control person joined · fact
      • D••••• E•••• F••••• O••••••• L•• filed its initial SEC registration (Form ADV)
        Jul 20, 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
      Principal office phone
      817-928-3260reportedpublic record, Form ADV, Jun 22, 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
      Other 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