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

P••• I••••••••• A•••••••• L•••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 322420SEC 801-126164websiteIAPD
Latest filing Jun 3, 2026
First filing on the tape Jun 23, 2022 · 18 filings
SEC status approved since Jul 22, 2022
RAUM
$670M
reported, Item 5.F
Discretionary
7.9%
of RAUM
Private clients
3.9%
$25.8M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$335M
derived; firm RAUM over IAPD count
Employees
7
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$670M as of Jun 3, 2026
Mar 21, 2023$103M then
HNW client RAUM: no history
State-registered IARs (5.B.3)2 as of Jun 3, 2026
Mar 21, 20231 then
Employees (5.A)7 as of Jun 3, 2026
Mar 21, 20237 then
Private funds: no history
RAUM +0.0% over the last fiscal year+87% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Jun 3, 2026; every figure names its basis
RAUM per advisor
$335MderivedRAUM 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
$245,174derivedRAUM over accounts (5.F.2.f)
Discretionary
7.9%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+0.0%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, otherreportedItem 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$644M96%
  • Individuals$25.8M3.9%
Individual clients
74reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2,731reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.04 fund_share=0.96 institutional_share=0.0 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T••••• W••••• C••••••New York, Ny Mar 25, 202426 y4
C••••••••• L•• A••••••••Newport Coast, Ca Jan 1, 202630 y1
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A••••••••• C••••••••• L•• · Chief Executive Officer & Chief Compliance Officercontrol
    since 11/2022 · owns less than 5%
  • E••••• S••••••• E•••• · Chief Investment Officercontrol
    since 11/2022 · owns less than 5%
Entity owners
  • P••• F••••••• I••• · Owner
    direct · owns 75% or more
  • E•• H••••••• L•• · Owner
    indirect · owns 75% or more of P••• F••••••• I•••
Related persons
Schedule D 7.A
Advisers that list P••• I••••••••• A•••••••• L••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny · principal210
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, 2026
    discretionary share of RAUM of 8% against a peer median of 100% (784 comparable advisers, 2.0th percentile, 31.1 robust deviations)
    peers: asset managers, $500M to $1B (784) · 1.9% percentile
What changed
consecutive filings, newest first
  • Accounts · 2,842 to 2,731
    Jan 23, 2026 to Mar 23, 2026
  • Discretionary RAUM · $25.8M to $52.6M
    Jan 23, 2026 to Mar 23, 2026
  • Non-discretionary RAUM · $644M to $617M
    Jan 23, 2026 to Mar 23, 2026
  • Accounts · 408 to 2,842
    Aug 31, 2024 to Mar 25, 2025
  • Individual clients · 408 to 74
    Aug 31, 2024 to Mar 25, 2025
  • Financial planning clients · unset to
    Aug 31, 2024 to Mar 25, 2025
  • Discretionary RAUM · $85.7M to $25.8M
    Aug 31, 2024 to Mar 25, 2025
  • Individual RAUM · $115M to $25.8M
    Aug 31, 2024 to Mar 25, 2025
  • Non-discretionary RAUM · $29.8M to $644M
    Aug 31, 2024 to Mar 25, 2025
  • RAUM · $115M to $670M
    Aug 31, 2024 to Mar 25, 2025
  • Accounts · 745 to 408
    Aug 6, 2023 to Mar 12, 2024
  • Individual clients · 745 to 408
    Aug 6, 2023 to Mar 12, 2024
  • State-registered IARs · 1 to 2
    Aug 6, 2023 to Mar 12, 2024
  • Discretionary RAUM · $0 to $85.7M
    Aug 6, 2023 to Mar 12, 2024
  • Individual RAUM · $103M to $115M
    Aug 6, 2023 to Mar 12, 2024
  • Non-discretionary RAUM · $103M to $29.8M
    Aug 6, 2023 to Mar 12, 2024
  • RAUM · $103M to $115M
    Aug 6, 2023 to Mar 12, 2024
  • Advisory activities · 1 to 2
    Mar 21, 2023 to Aug 6, 2023
  • Accounts · 728 to 745
    Jan 17, 2023 to Mar 21, 2023
  • Individual clients · 728 to 745
    Jan 17, 2023 to Mar 21, 2023
  • Employees · 3 to 7
    Jan 17, 2023 to Mar 21, 2023
  • Individual RAUM · $64.3M to $103M
    Jan 17, 2023 to Mar 21, 2023
  • Non-discretionary RAUM · $64.3M to $103M
    Jan 17, 2023 to Mar 21, 2023
  • RAUM · $64.3M to $103M
    Jan 17, 2023 to Mar 21, 2023
  • Related broker-dealer · false to true
    Dec 8, 2022 to Jan 4, 2023
  • Employees · 4 to 3
    Nov 29, 2022 to Dec 8, 2022
  • Insurance-licensed employees · 1 to 0
    Nov 29, 2022 to Dec 8, 2022
  • Organization form · Corporation to Limited Liability Company
    Nov 29, 2022 to Dec 8, 2022
  • Succession · false to true
    Nov 29, 2022 to Dec 8, 2022
  • Business name · P••• F••••••• I••• to P••• I••••••••• A•••••••• L•••
    Dec 8, 2022 to Dec 8, 2022
  • Legal name · P••• F••••••• I••• to P••• I••••••••• A•••••••• L•••
    Dec 8, 2022 to Dec 8, 2022
  • Succession · true to false
    Dec 8, 2022 to Dec 8, 2022
  • Accounts · 441 to 728
    Sep 19, 2022 to Nov 29, 2022
  • Individual clients · 441 to 728
    Sep 19, 2022 to Nov 29, 2022
  • Employees · 3 to 4
    Sep 19, 2022 to Nov 29, 2022
  • Individual RAUM · $53.7M to $64.3M
    Sep 19, 2022 to Nov 29, 2022
  • Non-discretionary RAUM · $53.7M to $64.3M
    Sep 19, 2022 to Nov 29, 2022
  • RAUM · $53.7M to $64.3M
    Sep 19, 2022 to Nov 29, 2022
  • Business name · P•••• L•• to P••• F••••••• I•••
    Jul 26, 2022 to Sep 19, 2022
  • Legal name · P•••• L•• to P••• F••••••• I•••
    Jul 26, 2022 to Sep 19, 2022
Signals
7 dated events
  • P••• I••••••••• A•••••••• L••• reported RAUM $669.6M, up 480% from $115.5M (2024-08-31 to 2025-03-25)
    Mar 25, 2025 · RAUM change · derived
  • Yves Pascal Cevaer-Corey (President) no longer on Schedule A of P••• I••••••••• A•••••••• L••• (listed 2023-01-04, absent 2023-01-09)
    Jan 9, 2023 · Control person left · inference
  • Robert Edward Tedeschi (Partner) no longer on Schedule A of P••• I••••••••• A•••••••• L••• (listed 2023-01-04, absent 2023-01-09)
    Jan 9, 2023 · Control person left · inference
  • Joseph Peter Corey (Partner) no longer on Schedule A of P••• I••••••••• A•••••••• L••• (listed 2023-01-04, absent 2023-01-09)
    Jan 9, 2023 · Control person left · inference
  • Lee Christopher Ainsworth (Chief Compliance Officer) appeared on Schedule A of P••• I••••••••• A•••••••• L•••
    Nov 29, 2022 · Control person joined · fact
  • P••• F••••••• I••• filed its initial SEC registration (Form ADV)
    Jun 23, 2022 · First SEC registration · fact
  • P••• F••••••• I••• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jun 23, 2022 · Succession (Item 4) · 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
Website
pavefinance.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
646-690-2800reportedpublic 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
Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
RAUM per advisor
$335Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026