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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Former SEC-registered adviser

3• M••••••••• C•• L••

Former SEC-registered adviserSan Francisco, CaliforniaCRD 324187SEC 801-127051IAPD
Latest filing Mar 27, 2026
First filing on the tape Nov 16, 2022 · 7 filings
SEC status approved since Dec 16, 2022
RAUM
$88.6M
reported, Item 5.F
Discretionary
100%
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
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$88.6M as of Mar 27, 2026
Mar 30, 2023$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 30, 20230 then
Employees (5.A)2 as of Mar 27, 2026
Mar 30, 20233 then
Private funds3 as of Mar 27, 2026
Mar 22, 20243 then
RAUM -50% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 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
$29.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%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
-50%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
$88.6M, 3 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$88.6M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$88.6M for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
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
      I••• C•••• V••••••• F•••• S••••• A• L••Private Equity Fund$5.4M22Apr 14, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• R•••••• F•••••• · Member, Partnercontrol
        since 11/2022 · owns 50% to 75%
      • G•••••• J••• N••• · Member, Partner, Chief Compliance Officercontrol
        since 11/2022 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • I••• C•••• V••••••• G• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 4 to 1
        Mar 24, 2025 to Mar 27, 2026
      • Assets in custody · $177M to $88.6M
        Mar 24, 2025 to Mar 27, 2026
      • Employees · 5 to 2
        Mar 24, 2025 to Mar 27, 2026
      • Discretionary RAUM · $177M to $88.6M
        Mar 24, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $177M to $88.6M
        Mar 24, 2025 to Mar 27, 2026
      • RAUM · $177M to $88.6M
        Mar 24, 2025 to Mar 27, 2026
      • Assets in custody · $178M to $177M
        Mar 22, 2024 to Mar 24, 2025
      • Financial planning clients · unset to
        Mar 22, 2024 to Mar 24, 2025
      • Discretionary RAUM · $178M to $177M
        Mar 22, 2024 to Mar 24, 2025
      • Pooled vehicle RAUM · $178M to $177M
        Mar 22, 2024 to Mar 24, 2025
      • RAUM · $178M to $177M
        Mar 22, 2024 to Mar 24, 2025
      • Assets in custody · $181M to $178M
        Mar 21, 2024 to Mar 22, 2024
      • Custody of client assets · false to true
        Mar 21, 2024 to Mar 22, 2024
      • Discretionary RAUM · $181M to $178M
        Mar 21, 2024 to Mar 22, 2024
      • Pooled vehicle RAUM · $181M to $178M
        Mar 21, 2024 to Mar 22, 2024
      • RAUM · $181M to $178M
        Mar 21, 2024 to Mar 22, 2024
      • Accounts · 0 to 3
        Mar 30, 2023 to Apr 14, 2023
      • Advisory employees · 2 to 4
        Mar 30, 2023 to Apr 14, 2023
      • Pooled vehicle clients · unset to 3.0
        Mar 30, 2023 to Apr 14, 2023
      • Assets in custody · unset to 181390858.0
        Mar 30, 2023 to Apr 14, 2023
      • Employees · 3 to 5
        Mar 30, 2023 to Apr 14, 2023
      • Private funds · unset to 3
        Mar 30, 2023 to Apr 14, 2023
      • Discretionary RAUM · $0 to $181M
        Mar 30, 2023 to Apr 14, 2023
      • Pooled vehicle RAUM · unset to 181390858.0
        Mar 30, 2023 to Apr 14, 2023
      • RAUM · $0 to $181M
        Mar 30, 2023 to Apr 14, 2023
      • Accounts · unset to 0.0
        Nov 16, 2022 to Mar 30, 2023
      • Discretionary RAUM · unset to 0.0
        Nov 16, 2022 to Mar 30, 2023
      • Non-discretionary RAUM · unset to 0.0
        Nov 16, 2022 to Mar 30, 2023
      • RAUM · unset to 0.0
        Nov 16, 2022 to Mar 30, 2023
      Signals
      2 dated events
      • 3• M••••••••• C•• L•• no longer on the SEC adviser roster (last listed 2026-05-01, RAUM $88.6M)
        Jun 1, 2026 · Left the SEC roster · derived
      • 3• M••••••••• C•• L•• filed its initial SEC registration (Form ADV)
        Nov 16, 2022 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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
      Former SEC-registered 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