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

F•••••••• F•••• M••••••••• L••

Asset manager (funds and pooled vehicles)San Francisco, CaliforniaCRD 319107SEC 801-134037websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jul 20, 2025 · 3 filings
SEC status approved since Aug 7, 2025
RAUM
$967M
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
25
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$967M as of Mar 31, 2026
Jul 20, 2025$732M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Jul 20, 20250 then
Employees (5.A)6 as of Mar 31, 2026
Jul 20, 202511 then
Private funds25 as of Mar 31, 2026
Jul 20, 202523 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Mar 31, 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
unknownderivedHNW RAUM over HNW clients
Average account
$38.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
82%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$967M, 25 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$967M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
25reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$967M for 25 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false 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
      7 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• B••••••• D•••••• · Chief Compliance Officercontrol
        since 03/2026 · owns less than 5%
      • B•••• S••••••• P••••• · Sole Member / Founding Partnercontrol
        since 01/2020 · owns 75% or more
      • L••••• D••••• A•••• · Chief Financial Officercontrol
        since 01/2025 · owns less than 5%
      • W••••• D••••• W•••• J• · Chief Operating Officercontrol
        since 12/2025 · owns less than 5%
      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 · 33 to 25
        Oct 22, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 33 to 25
        Oct 22, 2025 to Mar 31, 2026
      • Assets in custody · $804M to $967M
        Oct 22, 2025 to Mar 31, 2026
      • HQ city · NEWPORT BEACH to SAN FRANCISCO
        Oct 22, 2025 to Mar 31, 2026
      • Other offices · 1 to 2
        Oct 22, 2025 to Mar 31, 2026
      • Private funds · 33 to 25
        Oct 22, 2025 to Mar 31, 2026
      • Discretionary RAUM · $804M to $790M
        Oct 22, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $0 to $177M
        Oct 22, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $804M to $967M
        Oct 22, 2025 to Mar 31, 2026
      • RAUM · $804M to $967M
        Oct 22, 2025 to Mar 31, 2026
      • Accounts · 23 to 33
        Jul 20, 2025 to Oct 22, 2025
      • Advisory employees · 8 to 3
        Jul 20, 2025 to Oct 22, 2025
      • Pooled vehicle clients · 23 to 33
        Jul 20, 2025 to Oct 22, 2025
      • Assets in custody · $732M to $804M
        Jul 20, 2025 to Oct 22, 2025
      • Employees · 11 to 6
        Jul 20, 2025 to Oct 22, 2025
      • Other offices · 2 to 1
        Jul 20, 2025 to Oct 22, 2025
      • Private funds · 23 to 33
        Jul 20, 2025 to Oct 22, 2025
      • Discretionary RAUM · $732M to $804M
        Jul 20, 2025 to Oct 22, 2025
      • Pooled vehicle RAUM · $732M to $804M
        Jul 20, 2025 to Oct 22, 2025
      • RAUM · $732M to $804M
        Jul 20, 2025 to Oct 22, 2025
      Signals
      No event on the tape.
      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/factorial-fundsreportedpublic record, Form ADV, Sep 18, 2026
      Website
      f•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      209-265-8990reportedpublic 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026