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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Former SEC-registered adviser

L••••• I•• M•••••••• L••

Former SEC-registered adviserNew York, New YorkCRD 316012SEC 801-122320IAPD
Latest filing Jun 2, 2025
First filing on the tape Aug 16, 2021 · 20 filings
SEC status approved since Sep 17, 2021
RAUM
$32.1M
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
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$32.1M as of Jun 2, 2025
Mar 29, 2022$155M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 2, 2025
Mar 29, 20220 then
Employees (5.A)4 as of Jun 2, 2025
Mar 29, 20225 then
Private funds2 as of Mar 26, 2024
Mar 29, 20221 then
RAUM -90% over the last fiscal year-41% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 2, 2025; 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
$32.1MderivedRAUM 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
-66%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 assetsreportedItem 5.E
Advisory activities
portfolio management for businesses and institutionsreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
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)
      FundTypeGross assetsOwnersFirst reported
      N••••••• F•••• L••Other Private Fund$94.9M2Oct 14, 2021
      L••••• I••••••••• F•••• L••Other Private Fund$16.9M2Jun 21, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••• P••••••• E••••• · Chief Compliance Officercontrol
        since 06/2021 · owns less than 5%
      • L••••• G•••••••• W• · Chief Financial Officercontrol
        since 09/2022 · owns less than 5%
      • S•••• S•••• · Chief Executive Officer And Chief Investment Officercontrol
        since 12/2022 · owns less than 5%
      Entity owners
      • L••••• I••••••••• I•• · Direct Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 2 to 1
        Mar 17, 2025 to Jun 2, 2025
      • Financial planning clients · unset to
        Mar 17, 2025 to Jun 2, 2025
      • Discretionary RAUM · $57.8M to $32.1M
        Mar 17, 2025 to Jun 2, 2025
      • Non-discretionary RAUM · $47.8M to $0
        Mar 17, 2025 to Jun 2, 2025
      • RAUM · $106M to $32.1M
        Mar 17, 2025 to Jun 2, 2025
      • Discretionary RAUM · $59.0M to $57.8M
        Oct 25, 2024 to Mar 17, 2025
      • Non-discretionary RAUM · $43.0M to $47.8M
        Oct 25, 2024 to Mar 17, 2025
      • RAUM · $102M to $106M
        Oct 25, 2024 to Mar 17, 2025
      • Accounts · 4 to 2
        May 6, 2024 to Sep 14, 2024
      • Advisory employees · 4 to 2
        May 6, 2024 to Sep 14, 2024
      • Advisory activities · 2 to 1
        May 6, 2024 to Sep 14, 2024
      • BD registered reps · 0 to 1
        May 6, 2024 to Sep 14, 2024
      • Pooled vehicle clients · 2.0 to unset
        May 6, 2024 to Sep 14, 2024
      • Employees · 7 to 4
        May 6, 2024 to Sep 14, 2024
      • Private funds · 2 to unset
        May 6, 2024 to Sep 14, 2024
      • Discretionary RAUM · $276M to $59.0M
        May 6, 2024 to Sep 14, 2024
      • Non-discretionary RAUM · $32.9M to $43.0M
        May 6, 2024 to Sep 14, 2024
      • Pooled vehicle RAUM · 217879804.0 to unset
        May 6, 2024 to Sep 14, 2024
      • RAUM · $309M to $102M
        May 6, 2024 to Sep 14, 2024
      • Advisory employees · 5 to 4
        Nov 15, 2023 to Mar 26, 2024
      • Employees · 8 to 7
        Nov 15, 2023 to Mar 26, 2024
      • Discretionary RAUM · $266M to $276M
        Nov 15, 2023 to Mar 26, 2024
      • Non-discretionary RAUM · $29.7M to $32.9M
        Nov 15, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $210M to $218M
        Nov 15, 2023 to Mar 26, 2024
      • RAUM · $295M to $309M
        Nov 15, 2023 to Mar 26, 2024
      • Accounts · 3 to 4
        Jul 24, 2023 to Nov 15, 2023
      • Discretionary RAUM · $172M to $266M
        Jul 24, 2023 to Nov 15, 2023
      • Non-discretionary RAUM · $28.4M to $29.7M
        Jul 24, 2023 to Nov 15, 2023
      • Pooled vehicle RAUM · $172M to $210M
        Jul 24, 2023 to Nov 15, 2023
      • RAUM · $201M to $295M
        Jul 24, 2023 to Nov 15, 2023
      • Accounts · 2 to 3
        Mar 30, 2023 to Jun 21, 2023
      • Pooled vehicle clients · unset to 2.0
        Mar 30, 2023 to Jun 21, 2023
      • Private funds · 1 to 2
        Mar 30, 2023 to Jun 21, 2023
      • Discretionary RAUM · $152M to $172M
        Mar 30, 2023 to Jun 21, 2023
      • Non-discretionary RAUM · $25.0M to $28.4M
        Mar 30, 2023 to Jun 21, 2023
      • Pooled vehicle RAUM · unset to 172229830.0
        Mar 30, 2023 to Jun 21, 2023
      • RAUM · $177M to $201M
        Mar 30, 2023 to Jun 21, 2023
      • Advisory employees · 3 to 5
        Jan 10, 2023 to Mar 30, 2023
      • Employees · 5 to 8
        Jan 10, 2023 to Mar 30, 2023
      • Discretionary RAUM · $150M to $152M
        Jan 10, 2023 to Mar 30, 2023
      Signals
      8 dated events
      • L••••• I•• M•••••••• L•• no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $32.1M)
        Jan 2, 2026 · Left the SEC roster · derived
      • L••••• I•• M•••••••• L•• reported RAUM $102.1M, down 67% from $309.4M (2024-05-06 to 2024-09-14)
        Sep 14, 2024 · RAUM change · derived
      • K Rajiv Punja (Chier Executive Officer And Chief Investment Officer) no longer on Schedule A of L••••• I•• M•••••••• L•• (listed 2022-12-15, absent 2023-01-10)
        Jan 10, 2023 · Control person left · inference
      • Marie Kristin Koloniaris (Chief Financial Officer) no longer on Schedule A of L••••• I•• M•••••••• L•• (listed 2022-12-15, absent 2023-01-10)
        Jan 10, 2023 · Control person left · inference
      • S•••• S••• (Chief Executive Officer And Chief Investment Officer) appeared on Schedule A of L••••• I•• M•••••••• L••
        Jan 10, 2023 · Control person joined · fact
      • W G••••••• L•••• (Chief Financial Officer) appeared on Schedule A of L••••• I•• M•••••••• L••
        Dec 15, 2022 · Control person joined · fact
      • Marie Kristin Koloniaris (Chief Financial Officer) appeared on Schedule A of L••••• I•• M•••••••• L••
        Mar 29, 2022 · Control person joined · fact
      • L••••• I•• M•••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 16, 2021 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      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
      Former SEC-registered 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