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

A••••••• M••••••••• C••••••• L••

Other adviserPalo Alto, CaliforniaCRD 316814SEC 801-126667websiteIAPD
Latest filing Aug 24, 2026
First filing on the tape Aug 31, 2022 · 12 filings
SEC status approved since Sep 30, 2022
RAUM
$3.0B
reported, Item 5.F
Discretionary
78%
of RAUM
Private clients
14%
$425M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
16
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
98
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$3.0B as of Aug 24, 2026
Mar 31, 2023$247M then
HNW client RAUM$425M as of Aug 24, 2026
Mar 29, 2024$85.0M then
State-registered IARs (5.B.3)0 as of Aug 24, 2026
Mar 31, 20230 then
Employees (5.A)16 as of Aug 24, 2026
Mar 31, 202313 then
Private funds98 as of Aug 24, 2026
Mar 31, 202328 then
RAUM +222% over the last fiscal year+130% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 24, 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
$7.2MderivedHNW RAUM over HNW clients
Average account
$17.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
78%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
+222%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • 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
  • Pooled investment vehicles$2.3B78%
  • High-net-worth individuals$425M14%
  • Corporations and businesses$159M5.3%
  • Other investment advisers$83.3M2.8%
Individual clients
n/areported
HNW clients
59reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
171reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.14 fund_share=0.81 institutional_share=0.0 related_bd=false related_bank=true 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
      34 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      A••••••• P•••••• A••••• F•••• L•••Venture Capital Fund$57.7M112Aug 31, 2022
      A••••••• P•••••• A••••• F••• I•• L•••Venture Capital Fund$37.4M46Mar 29, 2024
      A••••••• A•••• F••• I•• L•••Venture Capital Fund$24.1M42Mar 29, 2024
      A••••••• L••• F•••••• A••••• F••• L•Venture Capital Fund$23.5M114Aug 31, 2022
      A••••••• S•• L••• O•• F••• I• 2•••• L•••Venture Capital Fund$16.9M48Aug 31, 2022
      A••••••• S•• L••• E• 2•••• L•••Venture Capital Fund$14.6M5Aug 31, 2022
      Z••• V••••••• 2••• A••••••• A••••• F•••• L•••Venture Capital Fund$14.0M79Mar 31, 2023
      A••••••• • F•• I• A••••• F••• L•Venture Capital Fund$11.0M23Aug 31, 2022
      A••••••• A•••• F•••• L•••Venture Capital Fund$10.6M42Aug 31, 2022
      A••••••• • I••••••••• L•••Venture Capital Fund$10.0M1Mar 31, 2023
      A••••••• • H•• F••• 1• L•••Venture Capital Fund$10.0M1Mar 31, 2023
      A••••••• • P•• F••• 1• L•••Venture Capital Fund$10.0M1Mar 31, 2023
      A••••••• • M•• F••• 1• L•Venture Capital Fund$9.8M1Aug 31, 2022
      T••••• V••••••• 2••• A••••••• A••••• F•••• L•••Venture Capital Fund$9.1M35Mar 31, 2023
      A••••••• • A••• A• 2••• A••••• F••• L•Venture Capital Fund$8.6M36Aug 31, 2022
      A••••••• • C•••••• V••••••• F••• I• L•••Venture Capital Fund$8.1M1Mar 31, 2023
      8•• 2••• A••••••• A••••• F•••• L•••Venture Capital Fund$7.7M14Mar 31, 2023
      G•••••••• C•••••• 2••• A••••• F•••• L•••Venture Capital Fund$7.3M9Mar 31, 2023
      A••••••• • S•••••• 1• L•••Venture Capital Fund$7.0M1Mar 31, 2023
      A••••••• U••••• A••••• F••• 2•••• L•Venture Capital Fund$6.3M26Aug 31, 2022
      A•••••••• 2••• A••••••• A••••• F•••• L•••Venture Capital Fund$5.8M28Mar 29, 2024
      A••••••• • A••• C••••• 2••• A••••• F••• L•Venture Capital Fund$5.7M15Aug 31, 2022
      A••••••• • R• O•• 2••• A••••• F•••• L•••Venture Capital Fund$5.1M9Mar 31, 2023
      A••••••• • R• 2••• A••••• F•••• L•Venture Capital Fund$5.0M9Aug 31, 2022
      A••••••• S•••••• 2•••• L•••Venture Capital Fund$4.9M34Aug 31, 2022
      B•••••• C•••••• 2••• A••••••• A••••• F•••• L•••Venture Capital Fund$4.8M26Mar 31, 2023
      K••••• V••••••• 2••• A••••••• A••••• F•••• L•••Venture Capital Fund$4.3M23Mar 29, 2024
      A••••••• • B••• I•• A••••• F•••• L•••Venture Capital Fund$4.2M27Mar 31, 2023
      A••••••• S•• O••• I• 2••• L•Venture Capital Fund$4.0M28Aug 31, 2022
      C••••••••• C•••••• 2••• A••••••• A••••• F•••• L•••Venture Capital Fund$3.7M7Mar 29, 2024
      Q•• I•••••••• 2••• A••••••• A••••• F•••• L•••Venture Capital Fund$3.6M10Mar 29, 2024
      A••••••• • C•••• A••••• F••• 2••• L•Venture Capital Fund$3.6M8Aug 31, 2022
      N••••••• J•• 2•••• A• S••••• O• C•••••• L••Venture Capital Fund$3.0M15Mar 31, 2023
      Q•••• R•• A• S••••• O• C•••••• L••Venture Capital Fund$250,65311Aug 31, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••••• S•••• A••••• · Secretary, Chief Compliance Officer, General Counselcontrol
        since 03/2023 · owns less than 5%
      • E••••••• P••••• J•••• · Director, Managing Directorcontrol
        since 03/2023 · owns less than 5%
      • K•••• S••••• S••••• · Director, President, Investment Committee Membercontrol
        since 06/2021 · owns less than 5%
      • Y•••• H••• · Vice President, Directorcontrol
        since 03/2023 · owns less than 5%
      Entity owners
      • A••••••• H•••••••• I••• · Managing Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • A••••••• • F•• I• A••••• F••• G•• L••
        pooled vehicle sponsory
      • A••••••• A•••• F••• G•• L••
        pooled vehicle sponsory
      • A••••••• L••• F•••••• A••••• F••• G•• L•••••
        pooled vehicle sponsory
      • A••••••• M••••• G• 1• L•••••
        bankpooled vehicle sponsory
      • A••••••• P•• I• G•• L••
        pooled vehicle sponsory
      • A••••••• P••••••• G• I• L••
        pooled vehicle sponsory
      • A••••••• P•••••• A••••• F••• G•• L•••••
        pooled vehicle sponsory
      • A••••••• S•• F• F••• I•• 2••• G•• L••
        pooled vehicle sponsory
      • A••••••• S•• L••• E• 2••• G•• L•••••
        pooled vehicle sponsory
      • A••••••• S•• L••• O•• F••• I• 2••• G•• L•••••
        pooled vehicle sponsory
      • A••••••• S•• M•• 2••• G•• L•••••
        pooled vehicle sponsory
      • A••••••• S•• O••• I• 2••• G•• L•••••
        pooled vehicle sponsory
      • A••••••• S•••••• 2••• G•• L••
        pooled vehicle sponsory
      • A••••••• U••••• A••••• F••• 2••• G•• L••
        pooled vehicle sponsory
      • R••• C•••••••• G•• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      4 against comparable advisers; where to look, not conclusions
      • many private funds relative to firm sizeStatic outlier · filing Aug 24, 2026
        private funds per $1B of RAUM of 32.7 against a peer median of 2.3 (55 comparable advisers, 98.0th percentile, 18.8 robust deviations)
        peers: other advisers, $1B to $5B (55) · 98% percentile
      • discretionary share shiftChange between filings · filing Mar 30, 2026
        discretionary share of RAUM moved from 60.0% to 78.0% between the annual amendments of 2025-03-30 and 2026-03-30
        peers: other advisers, $1B to $5B (247)
      • private fund count surgeChange between filings · filing Mar 30, 2026
        private funds (Schedule D 7.B.1) moved from 40.0 to 98.0 (+145.0%) between the annual amendments of 2025-03-30 and 2026-03-30; the peer median change was 0.0% (73 comparable advisers, 100.0th percentile of changes)
        peers: other advisers, $1B to $5B (73) · 100% percentile
      • RAUM up 50 %Change between filings · filing Mar 30, 2026
        RAUM (Item 5.F) moved from $930,609,755 to $2,998,752,187 (+222.0%) between the annual amendments of 2025-03-30 and 2026-03-30; the peer median change was +11.0% (231 comparable advisers, 96.0th percentile of changes)
        peers: other advisers, $1B to $5B (231) · 96% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 144 to 171
        Dec 22, 2025 to Mar 30, 2026
      • HNW clients · 54 to 59
        Dec 22, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 82 to 99
        Dec 22, 2025 to Mar 30, 2026
      • Financial planning clients · to 0
        Dec 22, 2025 to Mar 30, 2026
      • Private funds · 82 to 98
        Dec 22, 2025 to Mar 30, 2026
      • Discretionary RAUM · $1.6B to $2.3B
        Dec 22, 2025 to Mar 30, 2026
      • HNW RAUM · $343M to $425M
        Dec 22, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $501M to $668M
        Dec 22, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $1.6B to $2.3B
        Dec 22, 2025 to Mar 30, 2026
      • RAUM · $2.1B to $3.0B
        Dec 22, 2025 to Mar 30, 2026
      • Accounts · 80 to 144
        Jun 30, 2025 to Aug 19, 2025
      • Advisory employees · 5 to 4
        Jun 30, 2025 to Aug 19, 2025
      • HNW clients · 34 to 54
        Jun 30, 2025 to Aug 19, 2025
      • Pooled vehicle clients · 40 to 82
        Jun 30, 2025 to Aug 19, 2025
      • Employees · 14 to 16
        Jun 30, 2025 to Aug 19, 2025
      • HQ city · MENLO PARK to PALO ALTO
        Jun 30, 2025 to Aug 19, 2025
      • Private funds · 40 to 82
        Jun 30, 2025 to Aug 19, 2025
      • Discretionary RAUM · $561M to $1.6B
        Jun 30, 2025 to Aug 19, 2025
      • HNW RAUM · $231M to $343M
        Jun 30, 2025 to Aug 19, 2025
      • Non-discretionary RAUM · $370M to $501M
        Jun 30, 2025 to Aug 19, 2025
      • Pooled vehicle RAUM · $561M to $1.6B
        Jun 30, 2025 to Aug 19, 2025
      • RAUM · $931M to $2.1B
        Jun 30, 2025 to Aug 19, 2025
      • Financial planning clients · unset to
        Mar 30, 2025 to Jun 30, 2025
      • Accounts · 45 to 80
        Jun 28, 2024 to Mar 30, 2025
      • HNW clients · 12 to 34
        Jun 28, 2024 to Mar 30, 2025
      • Pooled vehicle clients · 28 to 40
        Jun 28, 2024 to Mar 30, 2025
      • Employees · 15 to 14
        Jun 28, 2024 to Mar 30, 2025
      • Other offices · 0 to 1
        Jun 28, 2024 to Mar 30, 2025
      • Private funds · 28 to 40
        Jun 28, 2024 to Mar 30, 2025
      • Discretionary RAUM · $307M to $561M
        Jun 28, 2024 to Mar 30, 2025
      • HNW RAUM · $85.0M to $231M
        Jun 28, 2024 to Mar 30, 2025
      • Non-discretionary RAUM · $175M to $370M
        Jun 28, 2024 to Mar 30, 2025
      • Pooled vehicle RAUM · $307M to $561M
        Jun 28, 2024 to Mar 30, 2025
      • RAUM · $482M to $931M
        Jun 28, 2024 to Mar 30, 2025
      • Accounts · 24 to 45
        Sep 12, 2023 to Mar 29, 2024
      • Advisory employees · 4 to 5
        Sep 12, 2023 to Mar 29, 2024
      • HNW clients · unset to 12.0
        Sep 12, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 24 to 28
        Sep 12, 2023 to Mar 29, 2024
      • Assets in custody · 247027031.0 to unset
        Sep 12, 2023 to Mar 29, 2024
      • Custody of client assets · true to false
        Sep 12, 2023 to Mar 29, 2024
      Signals
      11 dated events
      • A••••••• M••••••••• C••••••• L•• reported RAUM $3.0B, up 40% from $2.1B (2025-12-22 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • A••••••• M••••••••• C••••••• L•• reported RAUM $2.1B, up 130% from $930.6M (2025-06-30 to 2025-08-19)
        Aug 19, 2025 · RAUM change · derived
      • A••••••• M••••••••• C••••••• L•• reported RAUM $930.6M, up 93% from $482.0M (2024-06-28 to 2025-03-30)
        Mar 30, 2025 · RAUM change · derived
      • A••••••• M••••••••• C••••••• L•• reported RAUM $482.0M, up 95% from $247.0M (2023-09-12 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • Jason Peter Epstein (Director, Managing Director) appeared on Schedule A of A••••••• M••••••••• C••••••• L••
        Mar 29, 2024 · Control person joined · fact
      • Patrick Daniel Cronin (Director, Head Of Advisor Relationships) no longer on Schedule A of A••••••• M••••••••• C••••••• L•• (listed 2023-09-12, absent 2024-03-29)
        Mar 29, 2024 · Control person left · inference
      • A••••••• M••••••••• C••••••• L•• reported RAUM $247.0M, up 70% from $145.3M (2022-08-31 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Hana Yang (Vice President, Director) appeared on Schedule A of A••••••• M••••••••• C••••••• L••
        Mar 31, 2023 · Control person joined · fact
      • Andres Saul Cardenas (Secretary, Chief Compliance Officer, General Counsel) appeared on Schedule A of A••••••• M••••••••• C••••••• L••
        Mar 31, 2023 · Control person joined · fact
      • Patrick Daniel Cronin (Director, Head Of Advisor Relationships) appeared on Schedule A of A••••••• M••••••••• C••••••• L••
        Mar 31, 2023 · Control person joined · fact
      • A••••••• M••••••••• C••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 31, 2022 · 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
      Firm profile
      linkedin.com/company/allocatecoreportedpublic record, Form ADV, Sep 18, 2026
      Website
      allocate.coreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      650-331-4151reportedpublic record, Form ADV, Aug 24, 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