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

H•••••• L••

Independent wealth managerLos Angeles, CaliforniaCRD 315969SEC 801-128704IAPD
Latest filing Mar 31, 2026
First filing on the tape Aug 8, 2023 · 9 filings
SEC status approved since Sep 11, 2023
RAUM
$239M
reported, Item 5.F
Discretionary
29%
of RAUM
Private clients
71%
$170M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$239M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$239M as of Mar 31, 2026
Apr 1, 2024$193M then
HNW client RAUM$170M as of Mar 31, 2026
Apr 1, 2024$134M then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Apr 1, 20241 then
Employees (5.A)3 as of Mar 31, 2026
Apr 1, 20242 then
Private funds3 as of Mar 31, 2026
Apr 1, 20243 then
RAUM +16% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$239MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
11derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$15.5MderivedHNW RAUM over HNW clients
Average account
$17.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
29%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+83%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$62.3M, 3 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$170M71%
  • Pooled investment vehicles$69.0M29%
Individual clients
0reported
HNW clients
11reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
14reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$62.3M for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.71 fund_share=0.29 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A•••••••• D•••• C••••Los Angeles, CaJan 1, 202519 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H•••••• F••• I• L•Venture Capital Fund$51.7M32Aug 8, 2023
      M•••••• H•••••• L••Private Equity Fund$4.4M28Aug 8, 2023
      D••• P•••••• L••Venture Capital Fund$2.8M44Aug 8, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • C••••• A•••••••• · Chief Executive Officercontrol
        since 05/2021 · owns less than 5%
      • A••••• J•••••• J•••••• · Managercontrol
        since 03/2024 · owns 75% or more of I•• H•••••• G•• L••
      • C••••• A••••••••• D•••• · Shareholdercontrol
        since 05/2021 · owns 75% or more of H•••••• C••••
      • P•••••••• W••••••• B•••• · Chief Compliance Officer
        since 04/2024 · owns less than 5%
      Entity owners
      • H•••••• C•••• · Managing Member
        direct · owns 75% or more
      • I•• H•••••• G•• L•• · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • C••• L••
        pooled vehicle sponsory
      • H•••••• F••• I• G• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 15 to 14
        Mar 31, 2025 to Mar 31, 2026
      • HNW clients · 6 to 11
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $62.3M to $69.0M
        Mar 31, 2025 to Mar 31, 2026
      • HNW RAUM · $143M to $170M
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $143M to $170M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $62.3M to $69.0M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $206M to $239M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 9 to 15
        Sep 12, 2024 to Mar 31, 2025
      • Assets in custody · $59.0M to $62.3M
        Sep 12, 2024 to Mar 31, 2025
      • Employees · 4 to 3
        Sep 12, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Sep 12, 2024 to Mar 31, 2025
      • State-registered IARs · 2 to 1
        Sep 12, 2024 to Mar 31, 2025
      • Discretionary RAUM · $69.0M to $62.3M
        Sep 12, 2024 to Mar 31, 2025
      • HNW RAUM · $134M to $143M
        Sep 12, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $124M to $143M
        Sep 12, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $59.0M to $62.3M
        Sep 12, 2024 to Mar 31, 2025
      • RAUM · $193M to $206M
        Sep 12, 2024 to Mar 31, 2025
      • BD registered reps · 0 to 2
        Apr 26, 2024 to Sep 12, 2024
      • Employees · 2 to 4
        Apr 26, 2024 to Sep 12, 2024
      • Insurance-licensed employees · 0 to 1
        Apr 26, 2024 to Sep 12, 2024
      • State-registered IARs · 1 to 2
        Apr 26, 2024 to Sep 12, 2024
      • Accounts · 7 to 9
        Jan 25, 2024 to Apr 1, 2024
      • BD registered reps · 1 to 0
        Jan 25, 2024 to Apr 1, 2024
      • HNW clients · 4 to 6
        Jan 25, 2024 to Apr 1, 2024
      • Assets in custody · unset to 58952159.0
        Jan 25, 2024 to Apr 1, 2024
      • Custody of client assets · false to true
        Jan 25, 2024 to Apr 1, 2024
      • Discretionary RAUM · $43.9M to $69.0M
        Jan 25, 2024 to Apr 1, 2024
      • HNW RAUM · $109M to $134M
        Jan 25, 2024 to Apr 1, 2024
      • Non-discretionary RAUM · $109M to $124M
        Jan 25, 2024 to Apr 1, 2024
      • Pooled vehicle RAUM · $43.9M to $59.0M
        Jan 25, 2024 to Apr 1, 2024
      • RAUM · $153M to $193M
        Jan 25, 2024 to Apr 1, 2024
      Signals
      1 dated events
      • H•••••• L•• filed its initial SEC registration (Form ADV)
        Aug 8, 2023 · 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
      310-640-7647reportedpublic 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
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $239Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026