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

D• C•••••• A•••••••• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 330325SEC 801-130202IAPD
Latest filing Mar 27, 2026
First filing on the tape Apr 3, 2024 · 5 filings
SEC status approved since May 3, 2024
RAUM
$203M
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
11
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$203M as of Mar 27, 2026
Mar 26, 2025$150M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 26, 20250 then
Employees (5.A)11 as of Mar 27, 2026
Mar 26, 20258 then
Private funds5 as of Mar 27, 2026
Mar 26, 20257 then
RAUM +36% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 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
$29.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+36%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$203M, 7 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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$203M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$203M for 7 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true 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
      5 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • D•••••• K••••• W• · Head Of Operationscontrol
        since 03/2024 · owns less than 5%
      • H•••••• R••••••• J••• · Chief Fiancial Officercontrol
        since 03/2024 · owns less than 5%
      • K•••• S••••• · Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • V••••••• J••••• S•••••••• · Co-Foundercontrol
        since 03/2024 · owns less than 5%
      • V••••••••• D•••• T•••••• · General P•••••••••control
        since 09/2022 · owns 75% or more of D• C••••• H••••••• P•••••••••
      Entity owners
      • D••• H•••••••• L• · Direct Owner
        direct · owns 75% or more
      • D• C••••• H••••••• P••••••••• · Member
        indirect · owns 75% or more of D• H••••••• L••
      • D• H••••••• L•• · Member
        indirect · owns 75% or more of D• T•••••• I•••
      • D• T•••••• I••• · Member
        indirect · owns 25% to 50% of D••• H•••••••• L•
      • J••••••• V•••••• 2••• B••••••••• D•••••••• I••••••••• T•••• F•••• J•••• V•••••• · Investment Trustee
        indirect · owns 75% or more of J•• I••••••••• L••
      • J•• I••••••••• L•• · Member
        indirect · owns 75% or more of J•• T•••••• I•••
      • J•• T•••••• I••• · Member
        indirect · owns 25% to 50% of D••• H•••••••• L•
      Related persons
      Schedule D 7.A
      Advisers that list D• C•••••• A•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • affiliate changedChange between filings · filing Mar 27, 2026
        bank affiliate (Item 7.A.6): yes on the filing of 2025-09-24, no on the filing of 2026-03-27
        peers: asset managers, $100M to $500M (1,567)
      What changed
      consecutive filings, newest first
      • Accounts · 5 to 7
        Sep 24, 2025 to Mar 27, 2026
      • Advisory employees · 3 to 7
        Sep 24, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 5 to 7
        Sep 24, 2025 to Mar 27, 2026
      • Assets in custody · $150M to $203M
        Sep 24, 2025 to Mar 27, 2026
      • Employees · 8 to 11
        Sep 24, 2025 to Mar 27, 2026
      • Private funds · 6 to 5
        Sep 24, 2025 to Mar 27, 2026
      • Discretionary RAUM · $150M to $203M
        Sep 24, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $150M to $203M
        Sep 24, 2025 to Mar 27, 2026
      • RAUM · $150M to $203M
        Sep 24, 2025 to Mar 27, 2026
      • Related bank · true to false
        Sep 24, 2025 to Mar 27, 2026
      • Private funds · 7 to 6
        Mar 26, 2025 to Sep 24, 2025
      • Assets in custody · unset to 149656450.0
        Aug 22, 2024 to Mar 26, 2025
      • Custody of client assets · false to true
        Aug 22, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Aug 22, 2024 to Mar 26, 2025
      • Private funds · 5 to 7
        Aug 22, 2024 to Mar 26, 2025
      • Discretionary RAUM · $109M to $150M
        Aug 22, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $109M to $150M
        Aug 22, 2024 to Mar 26, 2025
      • RAUM · $109M to $150M
        Aug 22, 2024 to Mar 26, 2025
      Signals
      1 dated events
      • D• C•••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
        Apr 3, 2024 · 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
      312-663-7111reportedpublic record, Form ADV, Mar 27, 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