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

A•• A•••• D••••••••• I• L•

Asset manager (funds and pooled vehicles)Newport Beach, CaliforniaCRD 328513SEC 801-128996IAPD
Latest filing Mar 30, 2026
First filing on the tape Oct 2, 2023 · 6 filings
SEC status approved since Nov 1, 2023
RAUM
$2.3B
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
46
22 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$2.3B as of Mar 30, 2026
Mar 29, 2024$2.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 30, 2026
Mar 29, 20240 then
Employees (5.A)46 as of Mar 30, 2026
Mar 29, 202438 then
Private funds6 as of Mar 30, 2026
Mar 29, 20246 then
RAUM +1.0% over the last fiscal yearIARs 3 to 1
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$2.3BderivedRAUM 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
$375MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
46.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+1.0%derivedbetween the last two annual amendments
Advisor growth, one year
-67%derivedItem 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
Custody
$144M, 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 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.3B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$144M for 1 clientsreported
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=9.0derived
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
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      T••••••• C•• 2•••••• L•••Securitized Asset Fund$501M34Aug 24, 2017
      T••••••• C•• I•• L•••Securitized Asset Fund$477M25Feb 26, 2018
      T••••••• C•• I••• L•••Securitized Asset Fund$403M18Feb 26, 2019
      T••••••• C•• I•• L•••Securitized Asset Fund$402M25Aug 2, 2021
      T••••••• C•• V• L•••Securitized Asset Fund$401M26Aug 2, 2021
      A•• A•••• D••••••••• I• L•Private Equity Fund$121M2Oct 2, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • L•••••••• J•••••• G•••••• · General Counselcontrol
        since 07/2023 · owns less than 5%
      • N••••• D••••••• D•• · Chief Executive Officercontrol
        since 07/2023 · owns less than 5%
      • R•••••• C••••• E••••• · Chief Compliance Officercontrol
        since 07/2023 · owns less than 5%
      • S•••••• J•••••• B•••• · Chief Operating Officercontrol
        since 07/2023 · owns less than 5%
      Entity owners
      • A•• A•••• G• I• L•• · General Partner
        direct · owns less than 5%
      • A•••••••• C•••••• M••••••••• L•• · Owner, Member
        indirect · owns 50% to 75% of A•••••••• P•••••• C••••••• L••
      • A•••••••• P•••••• C••••••• L•• · Owner/Managing Member
        indirect · owns 75% or more of A•• A•••• G• I• L••
      • G••••••• H••••••• · Owner/ Member
        indirect · owns F of A•••••••• C•••••• M••••••••• L••
      • R•• A••••••••• C•••••• L•• · Owner/Member
        indirect · owns 25% to 50% of A•••••••• C•••••• M••••••••• L••
      • P•••••• L••• I•••••••• C•••••• · Limited Partner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Advisers that list A•• A•••• D••••••••• I• L• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 21 to 22
        Mar 28, 2025 to Mar 30, 2026
      • BD registered reps · 7 to 9
        Mar 28, 2025 to Mar 30, 2026
      • Assets in custody · $0 to $144M
        Mar 28, 2025 to Mar 30, 2026
      • Employees · 42 to 46
        Mar 28, 2025 to Mar 30, 2026
      • State-registered IARs · 3 to 1
        Mar 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $2.2B to $2.3B
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $2.2B to $2.3B
        Mar 28, 2025 to Mar 30, 2026
      • RAUM · $2.2B to $2.3B
        Mar 28, 2025 to Mar 30, 2026
      • State-registered IARs · 0 to 3
        Apr 29, 2024 to Mar 28, 2025
      • Advisory employees · 25 to 21
        Apr 29, 2024 to Mar 28, 2025
      • BD registered reps · 5 to 7
        Apr 29, 2024 to Mar 28, 2025
      • Employees · 38 to 42
        Apr 29, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Apr 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $2.3B to $2.2B
        Apr 29, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $2.3B to $2.2B
        Apr 29, 2024 to Mar 28, 2025
      • RAUM · $2.3B to $2.2B
        Apr 29, 2024 to Mar 28, 2025
      • BD registered reps · 8 to 5
        Jan 26, 2024 to Mar 29, 2024
      • Accounts · 0 to 6
        Oct 2, 2023 to Jan 26, 2024
      • BD registered reps · 9 to 8
        Oct 2, 2023 to Jan 26, 2024
      • Pooled vehicle clients · unset to 6.0
        Oct 2, 2023 to Jan 26, 2024
      • Assets in custody · unset to 0.0
        Oct 2, 2023 to Jan 26, 2024
      • Custody of client assets · false to true
        Oct 2, 2023 to Jan 26, 2024
      • Employees · 39 to 38
        Oct 2, 2023 to Jan 26, 2024
      • Private funds · 1 to 6
        Oct 2, 2023 to Jan 26, 2024
      • Discretionary RAUM · $0 to $2.3B
        Oct 2, 2023 to Jan 26, 2024
      • Pooled vehicle RAUM · unset to 2304772597.0
        Oct 2, 2023 to Jan 26, 2024
      • RAUM · $0 to $2.3B
        Oct 2, 2023 to Jan 26, 2024
      Signals
      1 dated events
      • A•• A•••• D••••••••• I• L• filed its initial SEC registration (Form ADV)
        Oct 2, 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
      (949) 681-2100reportedpublic record, Form ADV, Mar 30, 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