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
M•••••• P•••• L••
Latest filing Jun 3, 2026
First filing on the tape Jan 12, 2022 · 13 filings
SEC status approved since Feb 11, 2022
RAUM
$2.3B
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$1.2B
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
13 filings and snapshots on the tape
RAUM$2.3B as of Jun 3, 2026
Mar 18, 2022$0 then
HNW client RAUM$0 as of Jun 3, 2026
Mar 20, 2023$0 then
State-registered IARs (5.B.3)2 as of Jun 3, 2026
Mar 18, 20221 then
Employees (5.A)2 as of Jun 3, 2026
Mar 18, 20221 then
Private funds: no history
RAUM +3.9% over the last fiscal year+20% a year over threeIARs 1 to 2
Practice profile
derived from the filing of Jun 3, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- RAUM per advisor
- $1.2BderivedRAUM 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
- $783MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +3.9%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 assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, 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
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- State and municipal entities$2.3B98%
- Insurance companies$50.5M2.2%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 3reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| D••••• Z••••••••• | Guaynabo, Pr | Feb 22, 2022 | 17 y | 2 |
| M••••••••• K••••••• | Guaynabo, Pr | May 21, 2026 | 10 y | 3 |
Advisor movement
0 left, 1 joined in 12 months
net +1 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
- M••••••••• K••••••• from G•• A••••••• L••May 21, 2026 · Other
- D••••• Z••••••••• from C••••••••• W••••• M••••••••• C••••Feb 22, 2022 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Z••••••••• D••••• · Managing Member & Chief Compliance Officercontrolsince 11/2021 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Guaynabo, Pr · principal | 2 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Jun 3, 2026discretionary share of RAUM of 0% against a peer median of 99% (121 comparable advisers, 0.0th percentile, 33.5 robust deviations)peers: institutional managers, $1B to $5B (121) · 0.0% percentile
What changed
consecutive filings, newest first
- Advisory employees · 1 to 2Mar 16, 2026 to Jun 3, 2026
- Employees · 1 to 2Mar 16, 2026 to Jun 3, 2026
- State-registered IARs · 1 to 2Mar 16, 2026 to Jun 3, 2026
- Non-discretionary RAUM · $2.3B to $2.3BMar 10, 2025 to Mar 16, 2026
- RAUM · $2.3B to $2.3BMar 10, 2025 to Mar 16, 2026
- Accounts · 4 to 3Mar 15, 2024 to Mar 10, 2025
- Financial planning clients · unset to Mar 15, 2024 to Mar 10, 2025
- Non-discretionary RAUM · $2.1B to $2.3BMar 15, 2024 to Mar 10, 2025
- RAUM · $2.1B to $2.3BMar 15, 2024 to Mar 10, 2025
- Non-discretionary RAUM · $1.4B to $2.1BMar 20, 2023 to Mar 15, 2024
- RAUM · $1.4B to $2.1BMar 20, 2023 to Mar 15, 2024
- Pooled vehicle clients · 1 to 0Oct 19, 2022 to Mar 20, 2023
- Non-discretionary RAUM · $1.4B to $1.4BOct 19, 2022 to Mar 20, 2023
- Pooled vehicle RAUM · $10.0M to $0Oct 19, 2022 to Mar 20, 2023
- RAUM · $1.4B to $1.4BOct 19, 2022 to Mar 20, 2023
- Accounts · 3 to 4Oct 18, 2022 to Oct 18, 2022
- Pooled vehicle clients · 0 to 1Oct 18, 2022 to Oct 18, 2022
- Non-discretionary RAUM · $1.4B to $1.4BOct 18, 2022 to Oct 18, 2022
- Pooled vehicle RAUM · $0 to $10.0MOct 18, 2022 to Oct 18, 2022
- RAUM · $1.4B to $1.4BOct 18, 2022 to Oct 18, 2022
- Accounts · 2 to 3May 24, 2022 to Aug 12, 2022
- Non-discretionary RAUM · $336M to $1.4BMay 24, 2022 to Aug 12, 2022
- RAUM · $336M to $1.4BMay 24, 2022 to Aug 12, 2022
- Accounts · 0 to 2Mar 18, 2022 to May 24, 2022
- Charity clients · unset to 0.0Mar 18, 2022 to May 24, 2022
- Corporate clients · unset to 0.0Mar 18, 2022 to May 24, 2022
- HNW clients · unset to 0.0Mar 18, 2022 to May 24, 2022
- Individual clients · unset to 0.0Mar 18, 2022 to May 24, 2022
- Pension plan clients · unset to 0.0Mar 18, 2022 to May 24, 2022
- Pooled vehicle clients · unset to 0.0Mar 18, 2022 to May 24, 2022
- HNW RAUM · unset to 0.0Mar 18, 2022 to May 24, 2022
- Individual RAUM · unset to 0.0Mar 18, 2022 to May 24, 2022
- Non-discretionary RAUM · $0 to $336MMar 18, 2022 to May 24, 2022
- Pension RAUM · unset to 0.0Mar 18, 2022 to May 24, 2022
- Pooled vehicle RAUM · unset to 0.0Mar 18, 2022 to May 24, 2022
- RAUM · $0 to $336MMar 18, 2022 to May 24, 2022
Signals
3 dated events
- M•••••• P•••• L•• reported RAUM $2.1B, up 55% from $1.4B (2023-03-20 to 2024-03-15)Mar 15, 2024 · RAUM change · derived
- M•••••• P•••• L•• reported RAUM $1.4B, up 319% from $336.0M (2022-05-24 to 2022-08-12)Aug 12, 2022 · RAUM change · derived
- M•••••• P•••• L•• filed its initial SEC registration (Form ADV)Jan 12, 2022 · 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
- Principal office phone
- 787-487-5843reportedpublic record, Form ADV, Jun 3, 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
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $1.2Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026