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.

SEC-registered adviser

The Phoenix Fund Advisor LLC

Asset manager (funds and pooled vehicles)Guaynabo, PRCRD 316384SEC 801-128408websiteIAPD
Latest filing Oct 13, 2025
First filing on the tape Jun 26, 2023 · 5 filings
SEC status approved since Jul 26, 2023
RAUM
$596M
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
15
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$596M as of Oct 13, 2025
Mar 21, 2024$604M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Oct 13, 2025
Mar 21, 20240 then
Employees (5.A)15 as of Oct 13, 2025
Mar 21, 202415 then
Private funds1 as of Oct 13, 2025
Mar 21, 20241 then
RAUM -1.3% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Oct 13, 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
$298MderivedRAUM 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
-1.3%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$596M, 2 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 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)
  • 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$596M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$596M for 2 clientsreported
Compensation
performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=1.0derived
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      The Phoenix Fund, LLCPrivate Equity Fund$604M51Jun 26, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • Jose Francisco Rivera Fernandez · Membercontrol
        since 04/2017 · owns 75% or more of Pariter Advisors LLC
      • Antonio Luis Jimenez · Chief Compliance Officer
        since 06/2023 · owns less than 5%
      • Jose Francisco Rivera Fernandez · Chairman & Chief Executive Officer
        since 12/2017 · owns less than 5%
      • J Edgar Rivera · General Counsel
        since 12/2017 · owns less than 5%
      • Andres Carlos Vina-Toro · Financial & Administrative Director
        since 01/2024 · owns less than 5%
      Entity owners
      • Pariter Advisors LLC · Member
        direct · owns 50% to 75%
      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 · 1 to 2
        Mar 21, 2024 to Apr 1, 2025
      • Assets in custody · $604M to $596M
        Mar 21, 2024 to Apr 1, 2025
      • Financial planning clients · unset to
        Mar 21, 2024 to Apr 1, 2025
      • Discretionary RAUM · $604M to $596M
        Mar 21, 2024 to Apr 1, 2025
      • Pooled vehicle RAUM · $604M to $596M
        Mar 21, 2024 to Apr 1, 2025
      • RAUM · $604M to $596M
        Mar 21, 2024 to Apr 1, 2025
      • Pooled vehicle clients · 1 to 2
        Aug 17, 2023 to Mar 21, 2024
      • Assets in custody · $355M to $604M
        Aug 17, 2023 to Mar 21, 2024
      • Employees · 10 to 15
        Aug 17, 2023 to Mar 21, 2024
      • Discretionary RAUM · $350M to $604M
        Aug 17, 2023 to Mar 21, 2024
      • Pooled vehicle RAUM · $350M to $604M
        Aug 17, 2023 to Mar 21, 2024
      • RAUM · $350M to $604M
        Aug 17, 2023 to Mar 21, 2024
      Signals
      2 dated events
      • The Phoenix Fund Advisor Llc reported RAUM $604.0M, up 73% from $349.6M (2023-08-17 to 2024-03-21)
        Mar 21, 2024 · RAUM change · derived
      • The Phoenix Fund Advisor Llc filed its initial SEC registration (Form ADV)
        Jun 26, 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
      Website
      phoenixfund.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      787-510-6600reportedpublic record, Form ADV, Oct 13, 2025
      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