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.

Former SEC-registered adviser

Predicate Investment Advisors

Former SEC-registered adviserScottsdale, ArizonaCRD 325711SEC 801-128222IAPD
Legal name Predicate Investment Advisors, LLC
Latest filing Dec 8, 2023
First filing on the tape May 25, 2023 · 9 filings
RAUM
$20.2M
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
1
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
2
$20.2M gross assets
History
9 filings and snapshots on the tape
RAUM$20.2M as of Dec 8, 2023
May 25, 2023$15.4M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Dec 8, 2023
May 25, 20232 then
Employees (5.A)1 as of Dec 8, 2023
May 25, 20233 then
Private funds2 as of Dec 8, 2023
May 25, 20231 then
Practice profile
derived from the filing of Dec 8, 2023; every figure names its basis
RAUM per advisor
$20.2MderivedRAUM 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
$10.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 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 individuals, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$15.4M, 1 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 custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$20.2M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$15.4M for 1 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
      Every departureEvery arrival
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Predicate Beverage Strategies Fund LLCPrivate Equity Fund$15.4M2May 25, 2023
      Predicate Beverage Strategies II LLCPrivate Equity Fund$4.9M2Sep 26, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • Evans Ethan Frey · Chief Compliance Officercontrol
        since 02/2023 · owns less than 5%
      • Evans Ethan Frey · Ownercontrol
        since 02/2023 · owns 75% or more of Vectigal Investments, LLC
      • Joseph John Lott · Ownercontrol
        since 02/2023 · owns 75% or more of Harex Management LLC
      Entity owners
      • Harex Management LLC · Owner
        direct · owns 50% to 75%
      • Vectigal Investments, LLC · Owner
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • Phoenix, AZ
      What changed
      consecutive filings, newest first
      • Other offices · 0 to 1
        Nov 22, 2023 to Dec 5, 2023
      • Accounts · 1 to 2
        Sep 26, 2023 to Nov 22, 2023
      • Pooled vehicle clients · 1 to 2
        Sep 26, 2023 to Nov 22, 2023
      • Discretionary RAUM · $15.4M to $20.2M
        Sep 26, 2023 to Nov 22, 2023
      • Pooled vehicle RAUM · $15.4M to $20.2M
        Sep 26, 2023 to Nov 22, 2023
      • RAUM · $15.4M to $20.2M
        Sep 26, 2023 to Nov 22, 2023
      • Private funds · 1 to 2
        Aug 2, 2023 to Sep 26, 2023
      • Advisory employees · 2 to 1
        Jun 6, 2023 to Aug 2, 2023
      • Employees · 3 to 1
        Jun 6, 2023 to Aug 2, 2023
      • State-registered IARs · 2 to 1
        Jun 6, 2023 to Aug 2, 2023
      Signals
      1 dated events
      • Predicate Investment Advisors filed its initial SEC registration (Form ADV)
        May 25, 2023 · 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