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
F••••• R••• A•••• M••••••••• L••
Latest filing Jun 30, 2026
First filing on the tape Aug 25, 2022 · 16 filings
SEC status approved since Sep 26, 2022
RAUM
$1.2B
reported, Item 5.F
Discretionary
48%
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
15
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
8
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$1.2B as of Jun 30, 2026
Mar 16, 2023$30.4M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 30, 2026
Mar 16, 20230 then
Employees (5.A)15 as of Jun 30, 2026
Mar 16, 202316 then
Private funds8 as of Jun 30, 2026
Mar 16, 20232 then
RAUM n/a over the last fiscal year+236% a year over three
Practice profile
derived from the filing of Jun 30, 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
- $129MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 48%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
- unknownderivedbetween 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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $559M, 7 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)
- 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
- Corporations and businesses$600M52%
- Pooled investment vehicles$544M48%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 9reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $559M for 7 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.47 institutional_share=0.0 related_bd=true related_bank=false bd_reps=3.0derived
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
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| F••••• R••• O••••••••• F••• L• | Other Private Fund | $12.7M | 7 | Jun 30, 2021 |
| F••••• R••• D•••••• F••• S•••••• L• | Private Equity Fund | $12.6M | 31 | Aug 25, 2022 |
Owners and control persons
Schedule A and B, latest filing
- J••••• K••••••• L••• · Chief Compliance Officercontrolsince 01/2024 · owns less than 5%
- K•••••• C••••• S••••• · Presidentcontrolsince 02/2024 · owns less than 5%
- K••••• J••••••• M•••••• · General Counselcontrolsince 05/2023 · owns less than 5%
- S••••• I•••• •••• · Chief Operating Officercontrolsince 05/2021 · owns less than 5%
- T•••••• Z••••••• B• · Chief Executive Officercontrolsince 05/2021 · owns less than 5%
- S••••• I•••• •••• · Managercontrolsince 05/2017 · owns 25% to 50% of C•••••• C•••••• L••
- T•••••• Z••••••• B• · Managercontrolsince 05/2017 · owns F of T•• F••••• R••• C•••••• L••
- T•••••• Z••••••• B• · Managercontrolsince 05/2017 · owns 25% to 50% of C•••••• C•••••• L••
Entity owners
- T•• F••••• R••• C•••••• L•• · Memberdirect · owns 75% or more
- C•••••• C•••••• L•• · Memberindirect · owns 25% to 50% of T•• F••••• R••• C•••••• L••
Related persons
Schedule D 7.A
- F••••• R••• A•••• M••••••••• G• L••pooled vehicle sponsorn
- F••••• R••• O••••••••• G• L•pooled vehicle sponsorn
- F••••• R••• S•••••••••broker-dealern
Offices
Schedule D 1.F, the 25 largest
- Washington, DC1 employees
What changed
consecutive filings, newest first
- Assets in custody · $161M to $559MMay 11, 2026 to Jun 30, 2026
- Discretionary RAUM · $161M to $559MMay 11, 2026 to Jun 30, 2026
- Non-discretionary RAUM · $3 to $600MMay 11, 2026 to Jun 30, 2026
- Pooled vehicle RAUM · $161M to $544MMay 11, 2026 to Jun 30, 2026
- RAUM · $161M to $1.2BMay 11, 2026 to Jun 30, 2026
- Advisory employees · 12 to 7Feb 6, 2026 to Mar 28, 2026
- BD registered reps · 4 to 3Feb 6, 2026 to Mar 28, 2026
- Assets in custody · $174M to $161MFeb 6, 2026 to Mar 28, 2026
- Employees · 19 to 15Feb 6, 2026 to Mar 28, 2026
- HQ city · EL SEGUNDO to LOS ANGELESFeb 6, 2026 to Mar 28, 2026
- Other offices · 1 to 0Feb 6, 2026 to Mar 28, 2026
- Private funds · 7 to 8Feb 6, 2026 to Mar 28, 2026
- Discretionary RAUM · $174M to $161MFeb 6, 2026 to Mar 28, 2026
- Pooled vehicle RAUM · $174M to $161MFeb 6, 2026 to Mar 28, 2026
- RAUM · $174M to $161MFeb 6, 2026 to Mar 28, 2026
- Accounts · 4 to 9Aug 15, 2024 to May 1, 2025
- BD registered reps · 5 to 4Aug 15, 2024 to May 1, 2025
- Pooled vehicle clients · 2 to 7Aug 15, 2024 to May 1, 2025
- Assets in custody · $25.3M to $174MAug 15, 2024 to May 1, 2025
- Employees · 21 to 19Aug 15, 2024 to May 1, 2025
- Financial planning clients · unset to Aug 15, 2024 to May 1, 2025
- HQ city · LOS ANGELES to EL SEGUNDOAug 15, 2024 to May 1, 2025
- Private funds · 2 to 7Aug 15, 2024 to May 1, 2025
- Discretionary RAUM · $25.3M to $174MAug 15, 2024 to May 1, 2025
- Pooled vehicle RAUM · $25.3M to $174MAug 15, 2024 to May 1, 2025
- RAUM · $25.3M to $174MAug 15, 2024 to May 1, 2025
- Accounts · 2 to 4Jan 2, 2024 to Mar 28, 2024
- Advisory employees · 11 to 12Jan 2, 2024 to Mar 28, 2024
- Assets in custody · $30.4M to $25.3MJan 2, 2024 to Mar 28, 2024
- Employees · 16 to 21Jan 2, 2024 to Mar 28, 2024
- Other offices · 0 to 1Jan 2, 2024 to Mar 28, 2024
- Discretionary RAUM · $30.4M to $25.3MJan 2, 2024 to Mar 28, 2024
- Non-discretionary RAUM · $0 to $3Jan 2, 2024 to Mar 28, 2024
- Pooled vehicle RAUM · $30.4M to $25.3MJan 2, 2024 to Mar 28, 2024
- RAUM · $30.4M to $25.3MJan 2, 2024 to Mar 28, 2024
- HQ city · SANTA MONICA to LOS ANGELESMar 20, 2023 to Oct 20, 2023
- HQ city · NEW YORK to SANTA MONICAMar 16, 2023 to Mar 20, 2023
- HQ state · NY to CAMar 16, 2023 to Mar 20, 2023
- Advisory employees · 14 to 11Nov 3, 2022 to Mar 16, 2023
- BD registered reps · 6 to 5Nov 3, 2022 to Mar 16, 2023
Signals
7 dated events
- F••••• R••• A•••• M••••••••• L•• reported RAUM $1.2B, up 619% from $161.1M (2026-05-11 to 2026-06-30)Jun 30, 2026 · RAUM change · derived
- Samuel Caleb Kramer (President) appeared on Schedule A of F••••• R••• A•••• M••••••••• L••Mar 28, 2024 · Control person joined · fact
- L••• K•••••• J•••• (Chief Compliance Officer) appeared on Schedule A of F••••• R••• A•••• M••••••••• L••Jan 2, 2024 · Control person joined · fact
- Michael Jeffrey Kropp (General Counsel) appeared on Schedule A of F••••• R••• A•••• M••••••••• L••Oct 20, 2023 · Control person joined · fact
- Harlan Cherniak (Chief Business Officer) no longer on Schedule A of F••••• R••• A•••• M••••••••• L•• (listed 2023-03-20, absent 2023-10-20)Oct 20, 2023 · Control person left · inference
- V. Jeremy Richards (Chief Legal Officer) no longer on Schedule A of F••••• R••• A•••• M••••••••• L•• (listed 2023-03-20, absent 2023-10-20)Oct 20, 2023 · Control person left · inference
- F••••• R••• A•••• M••••••••• L•• filed its initial SEC registration (Form ADV)Aug 25, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- F••••• R••• A•••• M••••••••• L•• · Independent Sponsorsshared crd · capital_provider
- F••••• R••• A•••• M••••••••• L•• · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/the-forest-road-companyreportedpublic record, Form ADV, Sep 18, 2026
- Website
- forestroad.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 302-265-0167reportedpublic record, Form ADV, Jun 30, 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