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

T•••• C•••••• M••••••••• L•

Asset manager (funds and pooled vehicles)Houston, TexasCRD 322094SEC 801-126033websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Jun 6, 2022 · 11 filings
SEC status approved since Jul 6, 2022
RAUM
$1.7B
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
$1.7B
derived; firm RAUM over IAPD count
Employees
16
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$1.7B as of Mar 26, 2026
Mar 31, 2023$1.5B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 31, 20230 then
Employees (5.A)16 as of Mar 26, 2026
Mar 31, 202313 then
Private funds4 as of Mar 26, 2026
Mar 31, 20232 then
RAUM -5.8% over the last fiscal year+4.5% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 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
$1.7BderivedRAUM 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
$420MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
16.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-5.8%derivedbetween 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-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$1.7B, 4 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
  • 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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.7B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.7B for 4 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
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••••• T•••• M••••Houston, TxJul 6, 202220 y1
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
Private funds
5 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
T•••• E••••• R•••••••• F••• L•Hedge Fund$1.0B105Mar 30, 2016
T•••• E••••• R•••••••• F••• I• L•Hedge Fund$477M33Feb 7, 2020
T•••• E• I• A•••• F••• L•Hedge Fund$55.2M3Nov 2, 2023
T•••• S•••• C•••••••• F••• L•Hedge Fund$46.4M7Oct 10, 2024
P•• I••••••••• L•no longer reportedPrivate Equity Fund$4.7M2Nov 18, 2020
Owners and control persons
Schedule A and B, latest filing
  • B••••••• M••••• G••• · Limited Partnercontrol
    since 10/2022 · owns 5% to 10%
  • M••••• J•••••• T•••• · Limited Partner, Ceocontrol
    since 05/2022 · owns 25% to 50%
  • O•••••••• J••••• P•••••• · Limited Partnercontrol
    since 10/2022 · owns 5% to 10%
  • P•••••• A••• · Limited Partnercontrol
    since 10/2022 · owns 5% to 10%
  • P•••••• S•••••• D••••• · Limited Partnercontrol
    since 08/2022 · owns 25% to 50%
  • S•••• J•• S•••••• S•••• · Limited Partnercontrol
    since 10/2022 · owns 5% to 10%
  • M••••• J•••••• T•••• · Membercontrol
    since 05/2022 · owns 75% or more of T•••• C•••••• M••••••••• G• L••
  • D••••• S••••••••• T••••• · Cco
    since 10/2022 · owns less than 5%
Entity owners
  • T•••• C•••••• M••••••••• G• L•• · General Partner
    direct · owns less than 5%
Related persons
Schedule D 7.A
  • D••••• C•••••• M••••••••• L•
    investment advisernRAUM $5.3B
  • T•••• E••••• R•••••••• G• I• L•
    pooled vehicle sponsorn
  • T•••• E••••• R•••••••• G• L•
    pooled vehicle sponsorn
  • T•••• E• I• A•••• G• L•
    pooled vehicle sponsorn
  • T•••• S•••• G• L•
    pooled vehicle sponsorn
Advisers that list T•••• C•••••• M••••••••• L• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory employees · 13 to 15
    Mar 28, 2025 to Mar 26, 2026
  • Assets in custody · $1.8B to $1.7B
    Mar 28, 2025 to Mar 26, 2026
  • Employees · 14 to 16
    Mar 28, 2025 to Mar 26, 2026
  • Discretionary RAUM · $1.8B to $1.7B
    Mar 28, 2025 to Mar 26, 2026
  • Pooled vehicle RAUM · $1.8B to $1.7B
    Mar 28, 2025 to Mar 26, 2026
  • RAUM · $1.8B to $1.7B
    Mar 28, 2025 to Mar 26, 2026
  • Advisory employees · 14 to 13
    Oct 10, 2024 to Mar 28, 2025
  • Assets in custody · $1.8B to $1.8B
    Oct 10, 2024 to Mar 28, 2025
  • Employees · 16 to 14
    Oct 10, 2024 to Mar 28, 2025
  • Financial planning clients · unset to
    Oct 10, 2024 to Mar 28, 2025
  • Discretionary RAUM · $1.8B to $1.8B
    Oct 10, 2024 to Mar 28, 2025
  • Pooled vehicle RAUM · $1.8B to $1.8B
    Oct 10, 2024 to Mar 28, 2025
  • RAUM · $1.8B to $1.8B
    Oct 10, 2024 to Mar 28, 2025
  • Accounts · 3 to 4
    Mar 28, 2024 to Oct 10, 2024
  • Pooled vehicle clients · 3 to 4
    Mar 28, 2024 to Oct 10, 2024
  • Assets in custody · $1.6B to $1.8B
    Mar 28, 2024 to Oct 10, 2024
  • Employees · 15 to 16
    Mar 28, 2024 to Oct 10, 2024
  • Private funds · 3 to 4
    Mar 28, 2024 to Oct 10, 2024
  • Discretionary RAUM · $1.6B to $1.8B
    Mar 28, 2024 to Oct 10, 2024
  • Pooled vehicle RAUM · $1.6B to $1.8B
    Mar 28, 2024 to Oct 10, 2024
  • RAUM · $1.6B to $1.8B
    Mar 28, 2024 to Oct 10, 2024
  • Assets in custody · $1.5B to $1.6B
    Nov 2, 2023 to Mar 28, 2024
  • Employees · 14 to 15
    Nov 2, 2023 to Mar 28, 2024
  • Discretionary RAUM · $1.5B to $1.6B
    Nov 2, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $1.5B to $1.6B
    Nov 2, 2023 to Mar 28, 2024
  • RAUM · $1.5B to $1.6B
    Nov 2, 2023 to Mar 28, 2024
  • Accounts · 2 to 3
    Sep 8, 2023 to Nov 2, 2023
  • Advisory employees · 13 to 14
    Sep 8, 2023 to Nov 2, 2023
  • Pooled vehicle clients · 2 to 3
    Sep 8, 2023 to Nov 2, 2023
  • Assets in custody · $1.5B to $1.5B
    Sep 8, 2023 to Nov 2, 2023
  • Employees · 13 to 14
    Sep 8, 2023 to Nov 2, 2023
  • Private funds · 2 to 3
    Sep 8, 2023 to Nov 2, 2023
  • Discretionary RAUM · $1.5B to $1.5B
    Sep 8, 2023 to Nov 2, 2023
  • Pooled vehicle RAUM · $1.5B to $1.5B
    Sep 8, 2023 to Nov 2, 2023
  • RAUM · $1.5B to $1.5B
    Sep 8, 2023 to Nov 2, 2023
  • Accounts · 3 to 2
    Oct 21, 2022 to Mar 31, 2023
  • Advisory employees · 12 to 13
    Oct 21, 2022 to Mar 31, 2023
  • Pooled vehicle clients · 3 to 2
    Oct 21, 2022 to Mar 31, 2023
  • Assets in custody · $1.5B to $1.5B
    Oct 21, 2022 to Mar 31, 2023
  • Employees · 12 to 13
    Oct 21, 2022 to Mar 31, 2023
Signals
5 dated events
  • Geer Myron Blalock (Limited Partner) appeared on Schedule A of T•••• C•••••• M••••••••• L•
    Oct 21, 2022 · Control person joined · fact
  • Shane Steven Smith Jr (Limited Partner) appeared on Schedule A of T•••• C•••••• M••••••••• L•
    Oct 21, 2022 · Control person joined · fact
  • Patrick James Obulaney (Limited Partner) appeared on Schedule A of T•••• C•••••• M••••••••• L•
    Oct 21, 2022 · Control person joined · fact
  • Anil Pillai (Limited Partner) appeared on Schedule A of T•••• C•••••• M••••••••• L•
    Oct 21, 2022 · Control person joined · fact
  • T•••• C•••••• M••••••••• L• filed its initial SEC registration (Form ADV)
    Jun 6, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Website
tracecapital.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
713-217-2722reportedpublic record, Form ADV, Mar 26, 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
$1.7Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026