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

G••••••• C••••••• L••

Other adviserMill Valley, CaliforniaCRD 323354SEC 801-126755websiteIAPD
Latest filing May 26, 2026
First filing on the tape Sep 19, 2022 · 9 filings
SEC status approved since Oct 20, 2022
RAUM
$520M
reported, Item 5.F
Discretionary
16%
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
13
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$520M as of May 26, 2026
Feb 16, 2023$2.1B then
HNW client RAUM: $2.1B
State-registered IARs (5.B.3)0 as of May 26, 2026
Feb 16, 20230 then
Employees (5.A)13 as of May 26, 2026
Feb 16, 202313 then
Private funds1 as of May 26, 2026
Feb 16, 20231 then
RAUM -67% over the last fiscal year-37% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 26, 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
$14.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
16%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-67%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 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)
  • 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$82.7M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
36reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.16 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      G••••••• B•••••••• H•••••••• L•Private Equity Fund$30.7M3Sep 19, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••••• W••••••• T•••••• · Cco, Principal & Co-Foundercontrol
        since 10/2024 · owns less than 5%
      • H••••••••• S••••••• J••••• · Ceocontrol
        since 08/2022 · owns less than 5%
      • H••••••••• S••••••• J••••• · Ceocontrol
        since 08/2022 · owns 75% or more of G••••••• C•••••• P•••••••• L•
      • R••••• C•••••••• B••• · Coo
        since 11/2022 · owns less than 5%
      Entity owners
      • G••••••• C•••••• P•••••••• L• · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • G•• B•••••••• G•• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • employee count dropChange between filings · filing Apr 6, 2026
        employees (Item 5.A) moved from 23.0 to 13.0 (-43.0%) between the annual amendments of 2025-03-28 and 2026-04-06; the peer median change was -6.0% (27 comparable advisers, 0.0th percentile of changes)
        peers: other advisers, $500M to $1B (27) · 0.0% percentile
      • RAUM down 50 %Change between filings · filing Apr 6, 2026
        RAUM (Item 5.F) moved from $1,589,046,742 to $519,961,793 (-67.0%) between the annual amendments of 2025-03-28 and 2026-04-06; the peer median change was +12.0% (87 comparable advisers, 0.0th percentile of changes)
        peers: other advisers, $500M to $1B (87) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • HQ city · to MILL VALLEY
        Feb 27, 2026 to Apr 6, 2026
      • HQ state · to CA
        Feb 27, 2026 to Apr 6, 2026
      • Accounts · 4 to 36
        Mar 28, 2025 to Feb 27, 2026
      • Advisory employees · 11 to 7
        Mar 28, 2025 to Feb 27, 2026
      • Pooled vehicle clients · 2 to 1
        Mar 28, 2025 to Feb 27, 2026
      • Employees · 23 to 13
        Mar 28, 2025 to Feb 27, 2026
      • HQ city · SAN FRANCISCO to
        Mar 28, 2025 to Feb 27, 2026
      • HQ state · CA to
        Mar 28, 2025 to Feb 27, 2026
      • Discretionary RAUM · $48.1M to $82.7M
        Mar 28, 2025 to Feb 27, 2026
      • Non-discretionary RAUM · $1.5B to $437M
        Mar 28, 2025 to Feb 27, 2026
      • Pooled vehicle RAUM · $48.1M to $82.7M
        Mar 28, 2025 to Feb 27, 2026
      • RAUM · $1.6B to $520M
        Mar 28, 2025 to Feb 27, 2026
      • Accounts · 5 to 4
        Nov 22, 2024 to Mar 28, 2025
      • Advisory employees · 12 to 11
        Nov 22, 2024 to Mar 28, 2025
      • Assets in custody · 30678807.0 to unset
        Nov 22, 2024 to Mar 28, 2025
      • Custody of client assets · true to false
        Nov 22, 2024 to Mar 28, 2025
      • Employees · 19 to 23
        Nov 22, 2024 to Mar 28, 2025
      • Financial planning clients · 0 to 0
        Nov 22, 2024 to Mar 28, 2025
      • Discretionary RAUM · $30.7M to $48.1M
        Nov 22, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $1.9B to $1.5B
        Nov 22, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $30.7M to $48.1M
        Nov 22, 2024 to Mar 28, 2025
      • RAUM · $1.9B to $1.6B
        Nov 22, 2024 to Mar 28, 2025
      • Advisory employees · 9 to 12
        May 8, 2023 to Mar 27, 2024
      • Advisory activities · 3 to 2
        May 8, 2023 to Mar 27, 2024
      • Assets in custody · $26.5M to $30.7M
        May 8, 2023 to Mar 27, 2024
      • Employees · 13 to 19
        May 8, 2023 to Mar 27, 2024
      • Discretionary RAUM · $26.5M to $30.7M
        May 8, 2023 to Mar 27, 2024
      • HNW RAUM · 2053146725.0 to unset
        May 8, 2023 to Mar 27, 2024
      • Non-discretionary RAUM · $2.1B to $1.9B
        May 8, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $26.5M to $30.7M
        May 8, 2023 to Mar 27, 2024
      • RAUM · $2.1B to $1.9B
        May 8, 2023 to Mar 27, 2024
      • Business name · G••••••• C•••••• L•• to G••••••• C••••••• L••
        Feb 16, 2023 to May 8, 2023
      • Legal name · G••••••• C•••••• L•• to G••••••• C••••••• L••
        Feb 16, 2023 to May 8, 2023
      • Accounts · 2 to 5
        Sep 19, 2022 to Feb 16, 2023
      • Advisory employees · 2 to 9
        Sep 19, 2022 to Feb 16, 2023
      • Advisory activities · 1 to 3
        Sep 19, 2022 to Feb 16, 2023
      • Pooled vehicle clients · 1 to 2
        Sep 19, 2022 to Feb 16, 2023
      • Assets in custody · $26.2M to $26.5M
        Sep 19, 2022 to Feb 16, 2023
      • Employees · 2 to 13
        Sep 19, 2022 to Feb 16, 2023
      • Discretionary RAUM · $26.2M to $26.5M
        Sep 19, 2022 to Feb 16, 2023
      Signals
      3 dated events
      • G••••••• C••••••• L•• reported RAUM $520.0M, down 67% from $1.6B (2025-03-28 to 2026-02-27)
        Feb 27, 2026 · RAUM change · derived
      • T•••••• W•••••• C••••••••• (Cco, Principal & Co-Founder) appeared on Schedule A of G••••••• C••••••• L••
        Nov 22, 2024 · Control person joined · fact
      • G••••••• C•••••• L•• filed its initial SEC registration (Form ADV)
        Sep 19, 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
      Firm profile
      linkedin.com/company/grounded-capitalreportedpublic record, Form ADV, Sep 19, 2026
      Website
      g•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      415-692-5760reportedpublic record, Form ADV, May 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
      Other adviserderiveda 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