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.

SEC-registered adviser

Hedonova Advisors LLC

Independent wealth managerPost Falls, IdahoCRD 324941SEC 801-128783websiteIAPD
Latest filing Nov 27, 2024
First filing on the tape Aug 24, 2023 · 5 filings
SEC status approved since Sep 29, 2023
RAUM
$643M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
60%
$385M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
41
11 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
1
$643M gross assets
History
5 filings and snapshots on the tape
RAUM$643M as of Nov 27, 2024
Aug 24, 2023$445M then
HNW client RAUM$385M as of Nov 27, 2024
Aug 24, 2023$51.3M then
State-registered IARs (5.B.3)0 as of Nov 27, 2024
Aug 24, 20230 then
Employees (5.A)41 as of Nov 27, 2024
Aug 24, 202330 then
Private funds1 as of Nov 27, 2024
Aug 24, 20231 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Nov 27, 2024; every figure names its basis
Archetypes, each a printed rule
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
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
$136,652derivedHNW RAUM over HNW clients
Average account
$225,445derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived6 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$385M60%
  • Sovereign wealth funds$110M17%
  • Corporations and businesses$82.5M13%
  • Investment companies$65.8M10%
Individual clients
n/areported
HNW clients
2,817reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2,853reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.6 fund_share=0.1 institutional_share=0.17 related_bd=false related_bank=false 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Hedonova LLCHedge Fund$643M2Aug 24, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • Suman Bannerjee · Directorcontrol
        since 01/2023 · owns 10% to 25%
      • Alexander Cavendish · Directorcontrol
        since 10/2022 · owns 10% to 25%
      • Munish Kumar · Managing Directorcontrol
        since 01/2023 · owns 75% or more
      • Shantam Mohata · Investment Advisor
        since 03/2023 · owns less than 5%
      • Elvira Genevievette Walker-Lightfoot · Chief Compliance Officer
        since 01/2023 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • Pune, India9 employees
      • Shanghai, China8 employees
      • Greenwich, CT4 employees
      • Singapore, Singapore4 employees
      • Nassau Np, Bahamas, The2 employees
      What changed
      consecutive filings, newest first
      • Accounts · 4,768 to 2,853
        May 3, 2024 to Nov 27, 2024
      • Advisory employees · 16 to 11
        May 3, 2024 to Nov 27, 2024
      • Corporate clients · unset to 17.0
        May 3, 2024 to Nov 27, 2024
      • HNW clients · 4,717 to 2,817
        May 3, 2024 to Nov 27, 2024
      • Employees · 22 to 41
        May 3, 2024 to Nov 27, 2024
      • Other offices · 0 to 5
        May 3, 2024 to Nov 27, 2024
      • Discretionary RAUM · $824M to $643M
        May 3, 2024 to Nov 27, 2024
      • HNW RAUM · $411M to $385M
        May 3, 2024 to Nov 27, 2024
      • RAUM · $824M to $643M
        May 3, 2024 to Nov 27, 2024
      • Accounts · 3,970 to 4,768
        Sep 29, 2023 to Mar 29, 2024
      • BD registered reps · 4 to 3
        Sep 29, 2023 to Mar 29, 2024
      • Charity clients · 4.0 to unset
        Sep 29, 2023 to Mar 29, 2024
      • Corporate clients · 7.0 to unset
        Sep 29, 2023 to Mar 29, 2024
      • HNW clients · 3,889 to 4,717
        Sep 29, 2023 to Mar 29, 2024
      • Employees · 30 to 22
        Sep 29, 2023 to Mar 29, 2024
      • HQ city · LOS ANGELES to POST FALLS
        Sep 29, 2023 to Mar 29, 2024
      • HQ state · CA to ID
        Sep 29, 2023 to Mar 29, 2024
      • Discretionary RAUM · $445M to $824M
        Sep 29, 2023 to Mar 29, 2024
      • HNW RAUM · $51.3M to $411M
        Sep 29, 2023 to Mar 29, 2024
      • RAUM · $445M to $824M
        Sep 29, 2023 to Mar 29, 2024
      Signals
      3 dated events
      • Hedonova Advisors Llc reported 5 offices beyond its principal office, up from 0 (2024-05-03 to 2024-11-27)
        Nov 27, 2024 · Office count change · derived
      • Hedonova Advisors Llc reported RAUM $823.8M, up 85% from $444.6M (2023-09-29 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • Hedonova Advisors Llc filed its initial SEC registration (Form ADV)
        Aug 24, 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/hedonovareportedpublic record, Form ADV, Sep 17, 2026
      Website
      hedonova.ioreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      213-340-1334reportedpublic record, Form ADV, Nov 27, 2024
      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
      Independent wealth managerderiveda 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