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

N••••• A•••••••• L••

Former SEC-registered adviserCRD 317049SEC 801-122784IAPD
Latest filing Feb 1, 2024
First filing on the tape Nov 1, 2021 · 6 filings
RAUM
$159M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$159M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$159M as of Feb 1, 2024
Jan 24, 2022$0 then
HNW client RAUM$159M as of Feb 1, 2024
Jan 24, 2022$0 then
State-registered IARs (5.B.3)1 as of Feb 1, 2024
Jan 24, 20221 then
Employees (5.A)1 as of Feb 1, 2024
Jan 24, 20221 then
Private funds: no history
RAUM -6.4% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Feb 1, 2024; every figure names its basis
RAUM per advisor
$159MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
13derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$12.3MderivedHNW RAUM over HNW clients
Average account
$4.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-6.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.1%derived
Compensation
fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$159M100%
Individual clients
0reported
HNW clients
13reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
36reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
fixedreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••••• B••••••• J• · Chief Compliance Officer, Membercontrol
    since 09/2021 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Pittsboro, Nc000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 38 to 36
    May 25, 2023 to Feb 1, 2024
  • HNW clients · 14 to 13
    May 25, 2023 to Feb 1, 2024
  • Discretionary RAUM · $170M to $159M
    May 25, 2023 to Feb 1, 2024
  • HNW RAUM · $170M to $159M
    May 25, 2023 to Feb 1, 2024
  • RAUM · $170M to $159M
    May 25, 2023 to Feb 1, 2024
  • Accounts · 8 to 38
    Mar 11, 2022 to Jan 30, 2023
  • HNW clients · 5 to 14
    Mar 11, 2022 to Jan 30, 2023
  • Discretionary RAUM · $114M to $170M
    Mar 11, 2022 to Jan 30, 2023
  • HNW RAUM · $114M to $170M
    Mar 11, 2022 to Jan 30, 2023
  • RAUM · $114M to $170M
    Mar 11, 2022 to Jan 30, 2023
  • Accounts · 0 to 8
    Jan 24, 2022 to Mar 11, 2022
  • HNW clients · 0 to 5
    Jan 24, 2022 to Mar 11, 2022
  • Assets in custody · 0.0 to unset
    Jan 24, 2022 to Mar 11, 2022
  • Discretionary RAUM · $0 to $114M
    Jan 24, 2022 to Mar 11, 2022
  • HNW RAUM · $0 to $114M
    Jan 24, 2022 to Mar 11, 2022
  • RAUM · $0 to $114M
    Jan 24, 2022 to Mar 11, 2022
Signals
2 dated events
  • B•••••• J• B••••• left N••••• A•••••••• L•• for B•••••• P•••••• W••••• (registered 2024-10-10)
    Oct 11, 2024 · Advisor changed firm · fact
  • N••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Nov 1, 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