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

B•••••••• A••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 316715SEC 801-122619websiteIAPD
Latest filing Jun 1, 2026
First filing on the tape Oct 4, 2021 · 12 filings
SEC status approved since Nov 3, 2021
RAUM
$3.3B
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
25
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
9
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$3.3B as of Jun 1, 2026
Mar 31, 2022$353M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 1, 2026
Mar 31, 20220 then
Employees (5.A)25 as of Jun 1, 2026
Mar 31, 20225 then
Private funds9 as of Jun 1, 2026
Mar 31, 20221 then
RAUM +42% over the last fiscal year+69% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 1, 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
$252MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+42%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, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
controlled by a public reporting companyderived
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)
  • controlled by a public reporting company (10.A)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$3.3B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 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
      4 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • G•••••• J••• L• · Chief Legal Officer; Chief Compliance Officer (03/2024)control
        since 07/2021 · owns less than 5%
      • K••• A•••••• L•••••• · Presidentcontrol
        since 07/2021 · owns less than 5%
      • S••••••••• E•••• J•• · Chief Executive Officer / Chief Investment Officercontrol
        since 07/2021 · owns less than 5%
      Entity owners
      • B•••••••• A••••••• H••••••• L• · Owner
        direct · owns 75% or more
      • A•••••••• I•••••••• I••• · Owner
        indirect · owns 75% or more of B•••••••• G•••• I•••
      • B•••••••• G•••• I••• · General Partner
        indirect · owns F of B•••••••• A••••••• H••••••• L•
      Related persons
      Schedule D 7.A
      • A•••••••• I•••••••• I•••
        real estatey
      • A•••••••• I••••••••• B••• C••••
        n
      • B••••• G• L••
        pooled vehicle sponsorn
      • B••• G••• L••
        pooled vehicle sponsorn
      • B•• G••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • employee count surgeChange between filings · filing Mar 31, 2026
        employees (Item 5.A) moved from 12.0 to 25.0 (+108.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (1109 comparable advisers, 100.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,109) · 100% percentile
      What changed
      consecutive filings, newest first
      • Employees · 12 to 25
        Dec 8, 2025 to Mar 31, 2026
      • Accounts · 10 to 13
        Dec 8, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 10 to 13
        Dec 8, 2025 to Mar 31, 2026
      • Private funds · 7 to 9
        Dec 8, 2025 to Mar 31, 2026
      • Discretionary RAUM · $2.3B to $3.3B
        Dec 8, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $2.3B to $3.3B
        Dec 8, 2025 to Mar 31, 2026
      • RAUM · $2.3B to $3.3B
        Dec 8, 2025 to Mar 31, 2026
      • Accounts · 6 to 10
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 6 to 10
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 9 to 12
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Private funds · 4 to 7
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.4B to $2.3B
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.4B to $2.3B
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $1.4B to $2.3B
        Mar 29, 2024 to Mar 31, 2025
      • Accounts · 3 to 6
        May 22, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 3 to 6
        May 22, 2023 to Mar 29, 2024
      • Employees · 5 to 9
        May 22, 2023 to Mar 29, 2024
      • Private funds · 3 to 4
        May 22, 2023 to Mar 29, 2024
      • Discretionary RAUM · $706M to $1.4B
        May 22, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $706M to $1.4B
        May 22, 2023 to Mar 29, 2024
      • RAUM · $706M to $1.4B
        May 22, 2023 to Mar 29, 2024
      • Discretionary RAUM · $674M to $706M
        Mar 31, 2023 to May 22, 2023
      • Pooled vehicle RAUM · $674M to $706M
        Mar 31, 2023 to May 22, 2023
      • RAUM · $674M to $706M
        Mar 31, 2023 to May 22, 2023
      • Accounts · 1 to 3
        Oct 3, 2022 to Mar 31, 2023
      • Advisory activities · 3 to 1
        Oct 3, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 1 to 3
        Oct 3, 2022 to Mar 31, 2023
      • Private funds · 1 to 3
        Oct 3, 2022 to Mar 31, 2023
      • Discretionary RAUM · $353M to $674M
        Oct 3, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $353M to $674M
        Oct 3, 2022 to Mar 31, 2023
      • RAUM · $353M to $674M
        Oct 3, 2022 to Mar 31, 2023
      • Accounts · unset to 1.0
        Oct 4, 2021 to Mar 3, 2022
      • Business name · B•••••••• A••••••• to B•••••••• A••••••• L••
        Oct 4, 2021 to Mar 3, 2022
      • Pooled vehicle clients · unset to 1.0
        Oct 4, 2021 to Mar 3, 2022
      • Assets in custody · unset to 0.0
        Oct 4, 2021 to Mar 3, 2022
      • Custody of client assets · false to true
        Oct 4, 2021 to Mar 3, 2022
      • Private funds · unset to 1
        Oct 4, 2021 to Mar 3, 2022
      • Discretionary RAUM · unset to 352500000.0
        Oct 4, 2021 to Mar 3, 2022
      • Non-discretionary RAUM · unset to 0.0
        Oct 4, 2021 to Mar 3, 2022
      Signals
      6 dated events
      • B•••••••• A••••••• L•• reported RAUM $3.3B, up 42% from $2.3B (2025-12-08 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • B•••••••• A••••••• L•• reported RAUM $2.3B, up 71% from $1.4B (2024-03-29 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • B•••••••• A••••••• L•• reported RAUM $1.4B, up 92% from $706.4M (2023-05-22 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • Galloway Mary Herms (Chief Compliance Officer) no longer on Schedule A of B•••••••• A••••••• L•• (listed 2023-05-22, absent 2024-03-29)
        Mar 29, 2024 · Control person left · inference
      • B•••••••• A••••••• L•• reported RAUM $673.7M, up 91% from $352.5M (2022-10-03 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • B•••••••• A••••••• filed its initial SEC registration (Form ADV)
        Oct 4, 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
      Website
      b•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212-634-9900reportedpublic record, Form ADV, Jun 1, 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
      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