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
Portfolio Design Labs, LLC
Latest filing May 11, 2026
First filing on the tape Dec 15, 2021 · 27 filings
SEC status approved since Apr 6, 2023
RAUM
$625M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
88%
$547M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$625M
derived; firm RAUM over IAPD count
Employees
5
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$625M as of May 11, 2026
Mar 15, 2024$276M then
HNW client RAUM$327M as of May 11, 2026
Mar 15, 2024$172M then
State-registered IARs (5.B.3)1 as of May 11, 2026
Mar 15, 20241 then
Employees (5.A)5 as of May 11, 2026
Mar 15, 20244 then
Private funds: no history
RAUM +25% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of May 11, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $625MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 346derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.4MderivedHNW RAUM over HNW clients
- Average account
- $1.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 5.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +25%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -18%derived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$327M52%
- Individuals$220M35%
- Corporations and businesses$64.4M10%
- Pension and profit-sharing plans$13.3M2.1%
- Individual clients
- 249reported
- HNW clients
- 97reported
- Pension plan clients
- 9reported
- Charitable clients
- 0reported
- Accounts
- 593reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.88 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jason Terrance ThomasChartered Financial Analyst | Encino, Ca | Jan 14, 2022 | 25 y | 1 |
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
- Jason Terrance Thomas from Aspiriant, LLCJan 14, 2022 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Terrance Jason Thomas · Managing Member & Chief Compliance Officercontrolsince 11/2021 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 481 to 593Jun 27, 2025 to Mar 31, 2026
- Corporate clients · 1 to 2Jun 27, 2025 to Mar 31, 2026
- HNW clients · 139 to 97Jun 27, 2025 to Mar 31, 2026
- Individual clients · 284 to 249Jun 27, 2025 to Mar 31, 2026
- Pension plan clients · 2 to 9Jun 27, 2025 to Mar 31, 2026
- Employees · 4 to 5Jun 27, 2025 to Mar 31, 2026
- Discretionary RAUM · $502M to $625MJun 27, 2025 to Mar 31, 2026
- HNW RAUM · $287M to $327MJun 27, 2025 to Mar 31, 2026
- Individual RAUM · $152M to $220MJun 27, 2025 to Mar 31, 2026
- Pension RAUM · $1.6M to $13.3MJun 27, 2025 to Mar 31, 2026
- RAUM · $502M to $625MJun 27, 2025 to Mar 31, 2026
- Financial planning clients · 0 to 0Mar 25, 2025 to Jun 27, 2025
- Accounts · 329 to 481Jan 10, 2025 to Mar 25, 2025
- Charity clients · 1 to 0Jan 10, 2025 to Mar 25, 2025
- Corporate clients · 0 to 1Jan 10, 2025 to Mar 25, 2025
- HNW clients · 90 to 139Jan 10, 2025 to Mar 25, 2025
- Individual clients · 204 to 284Jan 10, 2025 to Mar 25, 2025
- Pension plan clients · 1 to 2Jan 10, 2025 to Mar 25, 2025
- Discretionary RAUM · $276M to $502MJan 10, 2025 to Mar 25, 2025
- HNW RAUM · $172M to $287MJan 10, 2025 to Mar 25, 2025
- Individual RAUM · $101M to $152MJan 10, 2025 to Mar 25, 2025
- Pension RAUM · $1.3M to $1.6MJan 10, 2025 to Mar 25, 2025
- RAUM · $276M to $502MJan 10, 2025 to Mar 25, 2025
- Accounts · 209 to 329Jul 7, 2023 to Mar 15, 2024
- Corporate clients · unset to 0.0Jul 7, 2023 to Mar 15, 2024
- HNW clients · 25 to 90Jul 7, 2023 to Mar 15, 2024
- Individual clients · 183 to 204Jul 7, 2023 to Mar 15, 2024
- Pooled vehicle clients · unset to 0.0Jul 7, 2023 to Mar 15, 2024
- Discretionary RAUM · $178M to $276MJul 7, 2023 to Mar 15, 2024
- HNW RAUM · $66.9M to $172MJul 7, 2023 to Mar 15, 2024
- Individual RAUM · $108M to $101MJul 7, 2023 to Mar 15, 2024
- Pension RAUM · $1.2M to $1.3MJul 7, 2023 to Mar 15, 2024
- Pooled vehicle RAUM · unset to 0.0Jul 7, 2023 to Mar 15, 2024
- RAUM · $178M to $276MJul 7, 2023 to Mar 15, 2024
- Accounts · 85 to 209Sep 22, 2022 to Mar 6, 2023
- Charity clients · unset to 1.0Sep 22, 2022 to Mar 6, 2023
- HNW clients · 66 to 25Sep 22, 2022 to Mar 6, 2023
- Individual clients · unset to 183.0Sep 22, 2022 to Mar 6, 2023
- Pension plan clients · unset to 1.0Sep 22, 2022 to Mar 6, 2023
- Financial planning clients · unset to 0Sep 22, 2022 to Mar 6, 2023
Signals
3 dated events
- Portfolio Design Labs, Llc reported RAUM $501.8M, up 82% from $276.2M (2025-01-10 to 2025-03-25)Mar 25, 2025 · RAUM change · derived
- Portfolio Design Labs, Llc reported RAUM $178.5M, up 224% from $55.1M (2022-09-22 to 2023-03-06)Mar 6, 2023 · RAUM change · derived
- Portfolio Design Labs, Llc filed its initial SEC registration (Form ADV)Dec 15, 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/portfolio-design-labsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- portfoliolabs.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 310-755-0411reportedpublic record, Form ADV, May 11, 2026
- Contact form
- portfoliolabs.com/contactreportedpublished by the firm, firm site, Sep 17, 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $625Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026