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•••••• U•••• C•••••• P•••••••
Legal name B•••••• U•••• C•••••• P••••••• L••
Latest filing Mar 26, 2026
First filing on the tape Mar 30, 2023 · 10 filings
SEC status approved since May 1, 2023
RAUM
$182M
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
9
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
4
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$182M as of Mar 26, 2026
Mar 29, 2024$49.8M then
HNW client RAUM$0 as of Mar 26, 2026
Mar 29, 2024$0 then
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 29, 20245 then
Employees (5.A)9 as of Mar 26, 2026
Mar 29, 20248 then
Private funds4 as of Mar 26, 2026
Mar 29, 20241 then
RAUM +89% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 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
- $45.6MderivedRAUM 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
- +89%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
- controlled by a public reporting companyderived
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- an independent public accountant performs a surprise examination (9.C.1)
- controlled by a public reporting company (10.A)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$182M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 4reported
- Financial planning clients
- 0reported
- 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=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
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| B•••••• U•••• P•••••• E••••• A••••• F••• | Private Equity Fund | $49.8M | 61 | Jul 29, 2023 |
| B•••••• U•••• R••• E••••• A••••• F••• | Real Estate Fund | $0 | 0 | Oct 3, 2024 |
Owners and control persons
Schedule A and B, latest filing
- K••••••• D••••• S•••• · Co-Chief Investment Officercontrolsince 03/2023 · owns less than 5%
- K••••••••• N•••••••• H•••• · Chief Financial Officercontrolsince 03/2023 · owns less than 5%
- K•••• A•••••• S•••• · Co-Chief Investment Officercontrolsince 03/2023 · owns 10% to 25%
- S••••••• E•••• R• · Directorcontrolsince 03/2023 · owns 5% to 10%
- W••••••• E••••••••• A••• · Chief Compliance Officercontrolsince 03/2023 · owns less than 5%
- G•••••• G••••• W•••••• · Chief Legal Officercontrolsince 03/2023 · owns F of C••••••• G•••• H•••••••• L••
- K••••••• D••••• S•••• · Chief Investment Officercontrolsince 03/2023 · owns F of C••••••• G•••• H•••••••• L••
- K••••••••• N•••••••• H•••• · Chief Financial Officercontrolsince 03/2023 · owns F of C••••••• G•••• H•••••••• L••
Entity owners
- C••••••• G•••• H•••••••• L•• · Shareholderdirect · owns 50% to 75%
Related persons
Schedule D 7.A
- C••••••• G•••• A•••••••investment advisernRAUM $5.5B
- C••••••• G•••• I••••••••• L••real estaten
Offices
Schedule D 1.F, the 25 largest
- Milwaukee, WI1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- p•••••• fund count surgeChange between filings · filing Mar 26, 2026private funds (Schedule D 7.B.1) moved from 2.0 to 4.0 (+100.0%) between the annual amendments of 2025-04-14 and 2026-03-26; the peer median change was 0.0% (734 comparable advisers, 99.0th percentile of changes)peers: asset managers, $100M to $500M (734) · 99% percentile
- RAUM up 50 %Change between filings · filing Mar 26, 2026RAUM (Item 5.F) moved from $96,225,000 to $182,250,000 (+89.0%) between the annual amendments of 2025-04-14 and 2026-03-26; the peer median change was +4.0% (1147 comparable advisers, 96.0th percentile of changes)peers: asset managers, $100M to $500M (1,147) · 96% percentile
What changed
consecutive filings, newest first
- Accounts · 2 to 4Jan 16, 2026 to Mar 26, 2026
- Advisory employees · 5 to 6Jan 16, 2026 to Mar 26, 2026
- Employees · 8 to 9Jan 16, 2026 to Mar 26, 2026
- Discretionary RAUM · $117M to $182MJan 16, 2026 to Mar 26, 2026
- Pooled vehicle RAUM · $117M to $182MJan 16, 2026 to Mar 26, 2026
- RAUM · $117M to $182MJan 16, 2026 to Mar 26, 2026
- Private funds · 3 to 4Aug 29, 2025 to Jan 16, 2026
- Financial planning clients · 0 to 0Jul 7, 2025 to Aug 29, 2025
- Private funds · 2 to 3Jul 7, 2025 to Aug 29, 2025
- Discretionary RAUM · $96.2M to $117MJul 7, 2025 to Aug 29, 2025
- Pooled vehicle RAUM · $96.2M to $117MJul 7, 2025 to Aug 29, 2025
- RAUM · $96.2M to $117MJul 7, 2025 to Aug 29, 2025
- Accounts · 1 to 2Oct 3, 2024 to Apr 14, 2025
- Advisory employees · 3 to 5Oct 3, 2024 to Apr 14, 2025
- State-registered IARs · 5 to 0Oct 3, 2024 to Apr 14, 2025
- Discretionary RAUM · $49.8M to $96.2MOct 3, 2024 to Apr 14, 2025
- Pooled vehicle RAUM · $49.8M to $96.2MOct 3, 2024 to Apr 14, 2025
- RAUM · $49.8M to $96.2MOct 3, 2024 to Apr 14, 2025
- Private funds · 1 to 2Mar 29, 2024 to Oct 3, 2024
- Accounts · 0 to 1Jul 29, 2023 to Mar 29, 2024
- Charity clients · unset to 0.0Jul 29, 2023 to Mar 29, 2024
- Corporate clients · unset to 0.0Jul 29, 2023 to Mar 29, 2024
- HNW clients · unset to 0.0Jul 29, 2023 to Mar 29, 2024
- Individual clients · unset to 0.0Jul 29, 2023 to Mar 29, 2024
- Pension plan clients · unset to 0.0Jul 29, 2023 to Mar 29, 2024
- Pooled vehicle clients · unset to 1.0Jul 29, 2023 to Mar 29, 2024
- Employees · 6 to 8Jul 29, 2023 to Mar 29, 2024
- Insurance-licensed employees · 5 to 6Jul 29, 2023 to Mar 29, 2024
- Discretionary RAUM · $0 to $49.8MJul 29, 2023 to Mar 29, 2024
- HNW RAUM · unset to 0.0Jul 29, 2023 to Mar 29, 2024
- Individual RAUM · unset to 0.0Jul 29, 2023 to Mar 29, 2024
- Pension RAUM · unset to 0.0Jul 29, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · unset to 49825000.0Jul 29, 2023 to Mar 29, 2024
- RAUM · $0 to $49.8MJul 29, 2023 to Mar 29, 2024
- Private funds · unset to 1Apr 17, 2023 to Jul 29, 2023
- Organization form · Limited Liability Partnership to Limited Liability CompanyMar 30, 2023 to Apr 17, 2023
Signals
2 dated events
- R Eric Schmitz (Director) appeared on Schedule A of B•••••• U•••• C•••••• P•••••••Jul 29, 2023 · Control person joined · fact
- B•••••• U•••• C•••••• P••••••• filed its initial SEC registration (Form ADV)Mar 30, 2023 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- B•••••• U•••• C•••••• P••••••• · Independent Sponsorsshared crd · capital_provider
- B•••••• U•••• C•••••• P••••••• · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- b•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 8477520292reportedpublic record, Form ADV, Mar 26, 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
Across the graphs
B•••••• U•••• C•••••• P••••••• is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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