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

N••••••• R••• E••••• A••••••• X• L•••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 317203SEC 801-122706websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Oct 18, 2021 · 8 filings
SEC status approved since Nov 16, 2021
RAUM
$1.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.1B
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$1.1B as of Mar 31, 2026
Mar 30, 2023$1.2B then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 31, 20221 then
Employees (5.A)2 as of Mar 31, 2026
Mar 31, 20221 then
Private funds: no history
RAUM -10% over the last fiscal year-3.4% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$1.1BderivedRAUM 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
$1.1BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-10%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 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 acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.1B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true 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
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • D••••••• J••••• D•••• · Presidentcontrol
        since 09/2021 · owns less than 5%
      • G••••• M••••••• X••••• · Vice Presidentcontrol
        since 09/2021 · owns less than 5%
      • M•••••••• M••••••• R••• · Executive Vice Presidentcontrol
        since 09/2021 · owns less than 5%
      • M••••• B••••• D••• · Chief Financial Officer, Executive Vp-Finance, Secretary And Treasurercontrol
        since 09/2021 · owns less than 5%
      • S•••••• D•••••• C•••••• · General Counselcontrol
        since 09/2021 · owns less than 5%
      • D••••••• J••••• D•••• · President/Membercontrol
        since 09/2014 · owns 75% or more of N••••••• A••••••• G•• L••
      • D••••••• N••••• M•••• · Trusteecontrol
        since 10/2015 · owns F of N••••••• A•••••••• L•••
      • V•••••••• S••••••••• L••• · Chief Compliance Officer
        since 11/2021 · owns less than 5%
      Entity owners
      • N••••••• A•••••••• L••• · Limited Partner
        direct · owns 75% or more
      • N••••••• R••• E••••• A••••••• X• G•• L•• · General Partner
        direct · owns less than 5%
      • N••••••• A••••••• G•• L•• · General Partner
        indirect · owns F of N••••••• A•••••••• L•••
      • N••••••• A•••••••• L••• · Member
        indirect · owns 75% or more of N••••••• R••• E••••• A••••••• X• G•• L••
      • T•• D•••••• I••••••••• T•••• · Limited Partner
        indirect · owns 75% or more of N••••••• A•••••••• L•••
      Related persons
      Schedule D 7.A
      Advisers that list N••••••• R••• E••••• A••••••• X• L••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • business activity changedChange between filings · filing Mar 31, 2026
        portfolio management for pooled vehicles (Item 5.G.4): no on the filing of 2025-03-31, yes on the filing of 2026-03-31
        peers: asset managers, $1B to $5B (1,506)
      What changed
      consecutive filings, newest first
      • Advisory employees · 1 to 2
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 1 to 2
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.2B to $1.1B
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.2B to $1.1B
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $1.2B to $1.1B
        Mar 31, 2025 to Mar 31, 2026
      • Financial planning clients · 0 to 0
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.1B to $1.2B
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.1B to $1.2B
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $1.1B to $1.2B
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.2B to $1.1B
        Mar 30, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $1.2B to $1.1B
        Mar 30, 2023 to Mar 28, 2024
      • RAUM · $1.2B to $1.1B
        Mar 30, 2023 to Mar 28, 2024
      • Discretionary RAUM · $2.1B to $1.2B
        Jul 19, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $2.1B to $1.2B
        Jul 19, 2022 to Mar 30, 2023
      • RAUM · $2.1B to $1.2B
        Jul 19, 2022 to Mar 30, 2023
      • Accounts · unset to 1.0
        Mar 31, 2022 to Jul 19, 2022
      • Pooled vehicle clients · unset to 1.0
        Mar 31, 2022 to Jul 19, 2022
      • Discretionary RAUM · unset to 2103591568.0
        Mar 31, 2022 to Jul 19, 2022
      • Non-discretionary RAUM · unset to 0.0
        Mar 31, 2022 to Jul 19, 2022
      • Pooled vehicle RAUM · unset to 2103591568.0
        Mar 31, 2022 to Jul 19, 2022
      • RAUM · unset to 2103591568.0
        Mar 31, 2022 to Jul 19, 2022
      Signals
      2 dated events
      • N••••••• R••• E••••• A••••••• X• L••• reported RAUM $1.2B, down 42% from $2.1B (2022-07-19 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • N••••••• R••• E••••• A••••••• X• L••• filed its initial SEC registration (Form ADV)
        Oct 18, 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.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/nexpointreportedpublic record, Form ADV, Sep 18, 2026
      Website
      nexpoint.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      214-276-6300reportedpublic record, Form ADV, Mar 31, 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
      $1.1Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026