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SEC-registered adviser

S•••• M••••••••• L••

Wealth manager with institutional or fund businessNew York, New YorkCRD 326808SEC 801-128117IAPD
Latest filing Mar 23, 2026
First filing on the tape May 8, 2023 · 6 filings
SEC status approved since Jun 6, 2023
RAUM
$309M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
40%
$123M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$309M as of Mar 23, 2026
Mar 27, 2024$340M then
HNW client RAUM$123M as of Mar 23, 2026
Mar 27, 2024$126M then
State-registered IARs (5.B.3)0 as of Mar 23, 2026
Mar 27, 20240 then
Employees (5.A)3 as of Mar 23, 2026
Mar 27, 20243 then
Private funds2 as of Mar 23, 2026
Mar 27, 20242 then
RAUM -11% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
Archetypes, each a printed rule
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
$1.2MderivedHNW RAUM over HNW clients
Average account
$1.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
23%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
-11%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-14%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$116M, 2 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 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$123M40%
  • Pooled investment vehicles$116M37%
  • Pension and profit-sharing plans$66.6M22%
  • Charitable organizations$3.0M1.0%
Individual clients
0reported
HNW clients
103reported
Pension plan clients
76reported
Charitable clients
6reported
Accounts
189reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$116M for 2 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.4 fund_share=0.37 institutional_share=0.23 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)
      FundTypeGross assetsOwnersFirst reported
      H••• P•••••••• L•••Hedge Fund$71.0M31Mar 29, 2012
      S•••• P••••••• L•Hedge Fund$62.0M29Mar 29, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • D••••••• D••••• J• · Membercontrol
        since 05/2023 · owns 25% to 50%
      • W•••••• A•••••• N•••• · Managing Member And Chief Compliance Officercontrol
        since 05/2023 · owns 25% to 50%
      • W•••••• A••••••• S• · Member
        since 05/2023 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • S•••• C••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 209 to 189
        Mar 17, 2025 to Mar 23, 2026
      • HNW clients · 120 to 103
        Mar 17, 2025 to Mar 23, 2026
      • Pension plan clients · 77 to 76
        Mar 17, 2025 to Mar 23, 2026
      • Assets in custody · $131M to $116M
        Mar 17, 2025 to Mar 23, 2026
      • Discretionary RAUM · $347M to $309M
        Mar 17, 2025 to Mar 23, 2026
      • HNW RAUM · $133M to $123M
        Mar 17, 2025 to Mar 23, 2026
      • Pension RAUM · $72.3M to $66.6M
        Mar 17, 2025 to Mar 23, 2026
      • Pooled vehicle RAUM · $131M to $116M
        Mar 17, 2025 to Mar 23, 2026
      • RAUM · $347M to $309M
        Mar 17, 2025 to Mar 23, 2026
      • Accounts · 216 to 209
        Mar 27, 2024 to Mar 17, 2025
      • Charity clients · 7 to 6
        Mar 27, 2024 to Mar 17, 2025
      • HNW clients · 128 to 120
        Mar 27, 2024 to Mar 17, 2025
      • Pension plan clients · 75 to 77
        Mar 27, 2024 to Mar 17, 2025
      • Assets in custody · $133M to $131M
        Mar 27, 2024 to Mar 17, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 17, 2025
      • Discretionary RAUM · $340M to $347M
        Mar 27, 2024 to Mar 17, 2025
      • HNW RAUM · $126M to $133M
        Mar 27, 2024 to Mar 17, 2025
      • Pension RAUM · $68.3M to $72.3M
        Mar 27, 2024 to Mar 17, 2025
      • Pooled vehicle RAUM · $133M to $131M
        Mar 27, 2024 to Mar 17, 2025
      • RAUM · $340M to $347M
        Mar 27, 2024 to Mar 17, 2025
      • Charity clients · unset to 7.0
        Sep 21, 2023 to Mar 27, 2024
      • Pension plan clients · 78 to 75
        Sep 21, 2023 to Mar 27, 2024
      • Assets in custody · $124M to $133M
        Sep 21, 2023 to Mar 27, 2024
      • Discretionary RAUM · $321M to $340M
        Sep 21, 2023 to Mar 27, 2024
      • HNW RAUM · $119M to $126M
        Sep 21, 2023 to Mar 27, 2024
      • Pension RAUM · $66.0M to $68.3M
        Sep 21, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $124M to $133M
        Sep 21, 2023 to Mar 27, 2024
      • RAUM · $321M to $340M
        Sep 21, 2023 to Mar 27, 2024
      • Accounts · 0 to 216
        May 9, 2023 to Sep 21, 2023
      • BD registered reps · 2 to 0
        May 9, 2023 to Sep 21, 2023
      • Corporate clients · unset to 0.0
        May 9, 2023 to Sep 21, 2023
      • HNW clients · unset to 128.0
        May 9, 2023 to Sep 21, 2023
      • Individual clients · unset to 0.0
        May 9, 2023 to Sep 21, 2023
      • Pension plan clients · unset to 78.0
        May 9, 2023 to Sep 21, 2023
      • Pooled vehicle clients · unset to 2.0
        May 9, 2023 to Sep 21, 2023
      • Assets in custody · $0 to $124M
        May 9, 2023 to Sep 21, 2023
      • Custody of client assets · false to true
        May 9, 2023 to Sep 21, 2023
      • Private funds · unset to 2
        May 9, 2023 to Sep 21, 2023
      • Discretionary RAUM · $0 to $321M
        May 9, 2023 to Sep 21, 2023
      • HNW RAUM · unset to 119000000.0
        May 9, 2023 to Sep 21, 2023
      Signals
      1 dated events
      • S•••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        May 8, 2023 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      212-419-3924reportedpublic record, Form ADV, Mar 23, 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
      Wealth manager with institutional or fund businessderiveda 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