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

N•••••••• B••••• L••• A••••••• I• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 324282SEC 801-127324websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jan 11, 2023 · 8 filings
SEC status approved since Feb 10, 2023
RAUM
$6.1B
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
3
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
13
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$6.1B as of Mar 31, 2026
Mar 28, 2024$865M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 28, 20240 then
Employees (5.A)3 as of Mar 31, 2026
Mar 28, 20243 then
Private funds13 as of Mar 31, 2026
Mar 28, 20243 then
RAUM +77% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$467MderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+77%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
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$6.1B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=3.0derived
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
      3 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• A••••• K•••• · Director, Managing Director And Chief Executive Officercontrol
        since 06/2024 · owns less than 5%
      • B••••••• A•••• F•••• · Director And Managing Directorcontrol
        since 06/2024 · owns less than 5%
      • D•••••• K••••••• M• · Director And Managing Directorcontrol
        since 05/2022 · owns less than 5%
      • W•••••• S••••••• G•••••• · Director And Managing Directorcontrol
        since 05/2022 · owns less than 5%
      • L•••• B•••• · Chief Compliance Officer, Assistant Secretary And Senior Vice President
        since 05/2022 · owns less than 5%
      Entity owners
      • N•••••••• B••••• L••• A••••••• H••••••• I• L• · Member
        direct · owns 75% or more
      • N••• A••••••••• L•• · Member
        indirect · owns 75% or more of N•••••••• B••••• G•••• L••
      • N•••••••• B••••• G•••• L•• · Member
        indirect · owns 75% or more of N•••••••• B••••• I••••••••• A••••••• H••••••• L••
      • N•••••••• B••••• I••••••••• A••••••• G• H••••••• L•• · Member
        indirect · owns 75% or more of N•••••••• B••••• L••• A••••••• H••••••• I• G• L••
      • N•••••••• B••••• I••••••••• A••••••• H••••••• L•• · Member
        indirect · owns 75% or more of N•••••••• B••••• I••••••••• A••••••• G• H••••••• L••
      • N•••••••• B••••• I••••••••• A••••••• L•• · L•••••• Partner
        indirect · owns F of N•••••••• B••••• L••• A••••••• H••••••• I• L•
      • N•••••••• B••••• L••• A••••••• H••••••• I• G• L•• · General Partner
        indirect · owns F of N•••••••• B••••• L••• A••••••• H••••••• I• ••••••••• L•
      • N•••••••• B••••• L••• A••••••• H••••••• I• G• L•• · General Partner
        indirect · owns F of N•••••••• B••••• L••• A••••••• H••••••• I• L•
      • N•••••••• B••••• L••• A••••••• H••••••• I• G• L•• · General Partner
        indirect · owns F of N•••••••• B••••• L••• A••••••• H••••••• I• ••••••• L•
      • C•••••• C•••••• L• · L•••••• Partner
        indirect · owns 25% to 50% of N•••••••• B••••• L••• A••••••• H••••••• I• ••••••• L•
      • N•••••••• B••••• L••• A••••••• H••••••• I• ••••••• L• · L•••••• Partner
        indirect · owns 50% to 75% of N•••••••• B••••• L••• A••••••• H••••••• I• L•
      • N•••••••• B••••• L••• A••••••• H••••••• I• ••••••••• L• · L•••••• Partner
        indirect · owns 25% to 50% of N•••••••• B••••• L••• A••••••• H••••••• I• L•
      • T•• O••• S•••• U••••••••• · L•••••• Partner
        indirect · owns 25% to 50% of N•••••••• B••••• L••• A••••••• H••••••• I• ••••••••• L•
      Related persons
      Schedule D 7.A
      Advisers that list N•••••••• B••••• L••• A••••••• I• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • private fund count surgeChange between filings · filing Mar 31, 2026
        private funds (Schedule D 7.B.1) moved from 7.0 to 13.0 (+86.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +3.0% (487 comparable advisers, 98.0th percentile of changes)
        peers: asset managers, $5B to $20B (487) · 98% percentile
      • RAUM up 50 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $3,436,658,086 to $6,070,500,782 (+77.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +13.0% (631 comparable advisers, 92.0th percentile of changes)
        peers: asset managers, $5B to $20B (631) · 92% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 7 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 7 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 7 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $3.4B to $6.1B
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $3.4B to $6.1B
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $3.4B to $6.1B
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 3 to 7
        Oct 2, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 3 to 7
        Oct 2, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Oct 2, 2024 to Mar 31, 2025
      • Private funds · 3 to 7
        Oct 2, 2024 to Mar 31, 2025
      • Discretionary RAUM · $865M to $3.4B
        Oct 2, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $865M to $3.4B
        Oct 2, 2024 to Mar 31, 2025
      • RAUM · $865M to $3.4B
        Oct 2, 2024 to Mar 31, 2025
      • Accounts · unset to 3.0
        Jan 11, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 0 to 3
        Jan 11, 2023 to Mar 28, 2024
      • HQ city · NEW YORK to CHICAGO
        Jan 11, 2023 to Mar 28, 2024
      • HQ state · NY to IL
        Jan 11, 2023 to Mar 28, 2024
      • Private funds · unset to 3
        Jan 11, 2023 to Mar 28, 2024
      • Discretionary RAUM · unset to 865208349.0
        Jan 11, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · unset to 0.0
        Jan 11, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $0 to $865M
        Jan 11, 2023 to Mar 28, 2024
      • RAUM · unset to 865208349.0
        Jan 11, 2023 to Mar 28, 2024
      Signals
      7 dated events
      • N•••••••• B••••• L••• A••••••• I• L•• reported RAUM $6.1B, up 77% from $3.4B (2025-03-31 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • N•••••••• B••••• L••• A••••••• I• L•• reported RAUM $3.4B, up 297% from $865.2M (2024-10-02 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • Vincent Joseph Amato (Director And Managing Director) no longer on Schedule A of N•••••••• B••••• L••• A••••••• I• L•• (listed 2024-03-28, absent 2024-07-25)
        Jul 25, 2024 · Control person left · inference
      • Curtis Bradley Tank (Director, Managing Director And Chief Executive Officer) no longer on Schedule A of N•••••••• B••••• L••• A••••••• I• L•• (listed 2024-03-28, absent 2024-07-25)
        Jul 25, 2024 · Control person left · inference
      • K•••• A•••• B••••• (Director, Managing Director And Chief Executive Officer) appeared on Schedule A of N•••••••• B••••• L••• A••••••• I• L••
        Jul 25, 2024 · Control person joined · fact
      • A••• B•••••• (Director And Managing Director) appeared on Schedule A of N•••••••• B••••• L••• A••••••• I• L••
        Jul 25, 2024 · Control person joined · fact
      • N•••••••• B••••• L••• A••••••• I• L•• filed its initial SEC registration (Form ADV)
        Jan 11, 2023 · First SEC registration · 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
      Firm profile
      LINKEDIN.COM/COMPANY/N••••••••-B•••••reportedpublic record, Form ADV, Sep 18, 2026
      Website
      NB.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-325-7700reportedpublic record, Form ADV, Mar 31, 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