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SEC-registered adviser

S•••••• M•••••• L••

ASSET M••••••West Palm Beach, FloridaCRD 330704SEC 801-130413websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape May 3, 2024 · 5 filings
SEC status approved since May 31, 2024
RAUM
$312M
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
28
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$312M as of Mar 31, 2026
Mar 28, 2025$319M then
HNW client RAUM$0 as of Mar 31, 2026
Mar 28, 2025$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 28, 20250 then
Employees (5.A)28 as of Mar 31, 2026
Mar 28, 20257 then
Private funds: no history
RAUM -2.2% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$312MderivedRAUM 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
-2.2%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
Custody
$6.4M, 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 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)
  • a related person has custody of client cash (9.B.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$312M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$6.4M 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=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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • K••• A•••• L•• · Chief Compliance Officercontrol
        since 02/2024 · owns less than 5%
      • T••••••••• L••••••• M••• · M••••••control
        since 02/2024 · owns 75% or more
      • T••••••••• R••••• E•••• · Membercontrol
        since 02/2024 · owns 10% to 25%
      Related persons
      Schedule D 7.A
      Advisers that list S•••••• M•••••• 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 · 7 to 9
        May 22, 2025 to Mar 31, 2026
      • Assets in custody · $185M to $6.4M
        May 22, 2025 to Mar 31, 2026
      • Employees · 7 to 28
        May 22, 2025 to Mar 31, 2026
      • Discretionary RAUM · $319M to $312M
        May 22, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $319M to $312M
        May 22, 2025 to Mar 31, 2026
      • RAUM · $319M to $312M
        May 22, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to May 22, 2025
      • Advisory employees · 6 to 7
        Sep 27, 2024 to Mar 28, 2025
      • Assets in custody · $115M to $185M
        Sep 27, 2024 to Mar 28, 2025
      • Employees · 6 to 7
        Sep 27, 2024 to Mar 28, 2025
      • Discretionary RAUM · $115M to $319M
        Sep 27, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $115M to $319M
        Sep 27, 2024 to Mar 28, 2025
      • RAUM · $115M to $319M
        Sep 27, 2024 to Mar 28, 2025
      • Accounts · 0 to 1
        May 3, 2024 to Sep 27, 2024
      • Pooled vehicle clients · 0 to 1
        May 3, 2024 to Sep 27, 2024
      • Assets in custody · unset to 115000000.0
        May 3, 2024 to Sep 27, 2024
      • Custody of client assets · false to true
        May 3, 2024 to Sep 27, 2024
      • Discretionary RAUM · $0 to $115M
        May 3, 2024 to Sep 27, 2024
      • Pooled vehicle RAUM · $0 to $115M
        May 3, 2024 to Sep 27, 2024
      • RAUM · $0 to $115M
        May 3, 2024 to Sep 27, 2024
      Signals
      2 dated events
      • S•••••• M•••••• L•• reported RAUM $318.7M, up 177% from $115.0M (2024-09-27 to 2025-03-28)
        Mar 28, 2025 · RAUM change · derived
      • S•••••• M•••••• L•• filed its initial SEC registration (Form ADV)
        May 3, 2024 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      s•••••••••.comreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      561-530-3315reportedpublic record, Form ADV, Mar 31, 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 M••••••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