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

B••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Clermont, FloridaCRD 323404SEC 801-128516websiteIAPD
Latest filing Aug 14, 2026
First filing on the tape Jul 5, 2023 · 9 filings
SEC status approved since Oct 12, 2023
RAUM
$345M
reported, Item 5.F
Discretionary
96%
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
24
13 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
8
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$345M as of Aug 14, 2026
Mar 27, 2024$340M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 14, 2026
Mar 27, 20240 then
Employees (5.A)24 as of Aug 14, 2026
Mar 27, 202417 then
Private funds8 as of Aug 14, 2026
Mar 27, 20248 then
RAUM -21% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Aug 14, 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
$17.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-21%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$298M, 19 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$333M96%
  • Corporations and businesses$12.3M3.6%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
20reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$298M for 19 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.96 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
      8 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • G•••••• D••••• E•••• H•••••• · Chief Compliance Officercontrol
        since 10/2018 · owns less than 5%
      • M••••••• A••• · Managercontrol
        since 10/2018 · owns less than 5%
      • G•••••• D••••• E•••• H•••••• · Managing Membercontrol
        since 10/2018 · owns 75% or more of D• G••••• V••••••• L••
      • G•••••• D••••• E•••• H•••••• · Managercontrol
        since 10/2018 · owns F of B••••••••• G•••• L••
      • M••••••• A••• · Managercontrol
        since 10/2018 · owns F of B••••••••• G•••• L••
      • M••••••• A••• · Trusteecontrol
        since 10/2016 · owns 50% to 75% of A••••• T••••
      • P•••••• K•••••• · Trusteecontrol
        since 11/2016 · owns 50% to 75% of A••••• T••••
      Entity owners
      • B••••••••• G•••• L•• · Managing Member
        direct · owns 75% or more
      • A••••• T•••• · Member
        indirect · owns 75% or more of E••••• E••••• I••••••••• L••
      • D• G••••• V••••••• L•• · Member
        indirect · owns 50% to 75% of B••••••••• G•••• L••
      • E••••• E••••• I••••••••• L•• · Member
        indirect · owns 50% to 75% of B••••••••• G•••• L••
      Related persons
      Schedule D 7.A
      • B••••••••• C•••••• A••• I• L••
        pooled vehicle sponsorn
      • B••••••••• C•••••• E••••• L••
        pooled vehicle sponsorn
      • B••••••••• C••••••••• G• L••
        pooled vehicle sponsorn
      • B••••••••• M••••••••• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Miami, FL2 employees
      What changed
      consecutive filings, newest first
      • Accounts · 19 to 20
        Oct 1, 2025 to Mar 31, 2026
      • Advisory employees · 15 to 13
        Oct 1, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 18 to 19
        Oct 1, 2025 to Mar 31, 2026
      • Assets in custody · $381M to $298M
        Oct 1, 2025 to Mar 31, 2026
      • Employees · 27 to 24
        Oct 1, 2025 to Mar 31, 2026
      • Private funds · 9 to 8
        Oct 1, 2025 to Mar 31, 2026
      • Discretionary RAUM · $411M to $333M
        Oct 1, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $23.9M to $12.3M
        Oct 1, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $411M to $333M
        Oct 1, 2025 to Mar 31, 2026
      • RAUM · $435M to $345M
        Oct 1, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to Jul 16, 2025
      • Advisory employees · 8 to 15
        Mar 27, 2024 to Mar 28, 2025
      • Corporate clients · 2 to 1
        Mar 27, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 17 to 18
        Mar 27, 2024 to Mar 28, 2025
      • Assets in custody · $310M to $381M
        Mar 27, 2024 to Mar 28, 2025
      • Employees · 17 to 27
        Mar 27, 2024 to Mar 28, 2025
      • Private funds · 8 to 9
        Mar 27, 2024 to Mar 28, 2025
      • Discretionary RAUM · $310M to $411M
        Mar 27, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $29.1M to $23.9M
        Mar 27, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $310M to $411M
        Mar 27, 2024 to Mar 28, 2025
      • RAUM · $340M to $435M
        Mar 27, 2024 to Mar 28, 2025
      • Accounts · 13 to 19
        Sep 22, 2023 to Mar 27, 2024
      • Advisory employees · 5 to 8
        Sep 22, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 11 to 17
        Sep 22, 2023 to Mar 27, 2024
      • Assets in custody · $278M to $310M
        Sep 22, 2023 to Mar 27, 2024
      • Employees · 10 to 17
        Sep 22, 2023 to Mar 27, 2024
      • HQ city · WINDERMERE to CLERMONT
        Sep 22, 2023 to Mar 27, 2024
      • Private funds · 6 to 8
        Sep 22, 2023 to Mar 27, 2024
      • Discretionary RAUM · $278M to $310M
        Sep 22, 2023 to Mar 27, 2024
      • Non-discretionary RAUM · $26.8M to $29.1M
        Sep 22, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $278M to $310M
        Sep 22, 2023 to Mar 27, 2024
      • RAUM · $305M to $340M
        Sep 22, 2023 to Mar 27, 2024
      Signals
      1 dated events
      • B••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jul 5, 2023 · 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/borderlesscapitalreportedpublic record, Form ADV, Sep 18, 2026
      Website
      b•••••••••.ioreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      650-412-9447reportedpublic record, Form ADV, Aug 14, 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