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

O•••••••• C••••••• L••

Independent wealth managerAustin, TexasCRD 331377SEC 801-130281websiteIAPD
Latest filing Aug 28, 2026
First filing on the tape Apr 15, 2024 · 9 filings
SEC status approved since May 14, 2024
RAUM
$498M
reported, Item 5.F
Discretionary
57%
of RAUM
Private clients
57%
$282M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$166M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$498M as of Aug 28, 2026
Mar 28, 2025$233M then
HNW client RAUM$279M as of Aug 28, 2026
Mar 28, 2025$217M then
State-registered IARs (5.B.3)3 as of Aug 28, 2026
Mar 28, 20253 then
Employees (5.A)4 as of Aug 28, 2026
Mar 28, 20255 then
Private funds6 as of Aug 28, 2026
Mar 28, 20253 then
RAUM +114% over the last fiscal yearIARs 3 to 3offices 4 to 0
Practice profile
derived from the filing of Aug 28, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$166MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
7derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$17.4MderivedHNW RAUM over HNW clients
Average account
$3.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
57%derivedof RAUM
Institutional
2.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+114%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+144%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$140M, 28 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$279M56%
  • Corporations and businesses$173M35%
  • Pooled investment vehicles$31.5M6.3%
  • Charitable organizations$12.7M2.6%
  • Individuals$2.5M0.5%
Individual clients
6reported
HNW clients
16reported
Pension plan clients
0reported
Charitable clients
n/areported
Accounts
163reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$140M for 28 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.57 fund_share=0.06 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
E••• G•••• C••••Austin, TxMay 15, 202413 y2
J••••••• L•• L•••Austin, TxMay 15, 202412 y2
B••••• M••••••• P••••••••Austin, TxMay 15, 202412 y1
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Private funds
    1 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    O•••••••• C•••••• • S•• I• L••Private Equity Fund$7.3M26Sep 9, 2024
    Owners and control persons
    Schedule A and B, latest filing
    • C••••• E•••• G•••• · Managing Membercontrol
      since 04/2024 · owns 50% to 75%
    • L•••• J•••••••• L•• · Managing Member And Chief Compliance Officercontrol
      since 04/2024 · owns 50% to 75%
    • M••••••• P••••••••• B••••• · Chief Operations Officercontrol
      since 05/2024 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Austin, Tx · principal300
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    ADV anomalies
    10 against comparable advisers; where to look, not conclusions
    • very high RAUM per advisorStatic outlier · filing Aug 28, 2026
      RAUM per registered advisor of $166,155,932 against a peer median of $55,731,856 (3254 comparable advisers, 100.0th percentile, 3.9 robust deviations)
      peers: independent wealth managers, $100M to $500M (3,254) · 100% percentile
    • wealth RIA private fund surgeCombination · filing Mar 26, 2026
      a wealth manager (private-client share at least 50 percent) whose private fund count grew by three or more and 50 percent or more. RAUM $233,214,748 to $498,467,796, advisors 3 to 3, private clients 9 to 22, offices 4 to 0 (2025-03-28 to 2026-03-26)
      peers: independent wealth managers, $100M to $500M (5,676)
    • wealth to institutional shiftCombination · filing Mar 26, 2026
      private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $233,214,748 to $498,467,796, advisors 3 to 3, private clients 9 to 22, offices 4 to 0 (2025-03-28 to 2026-03-26)
      peers: independent wealth managers, $100M to $500M (5,676)
    • discretionary share shiftChange between filings · filing Mar 26, 2026
      discretionary share of RAUM moved from 100.0% to 57.0% between the annual amendments of 2025-03-28 and 2026-03-26
      peers: independent wealth managers, $100M to $500M (5,676)
    • HNW share shiftChange between filings · filing Mar 26, 2026
      HNW share of RAUM moved from 93.0% to 56.0% between the annual amendments of 2025-03-28 and 2026-03-26
      peers: independent wealth managers, $100M to $500M (5,676)
    • office count dropChange between filings · filing Mar 26, 2026
      offices other than the principal office (Item 1.F.5) moved from 4.0 to 0.0 (-100.0%) between the annual amendments of 2025-03-28 and 2026-03-26; the peer median change was 0.0% (450 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (450) · 0.0% percentile
    • RAUM up 50 %Change between filings · filing Mar 26, 2026
      RAUM (Item 5.F) moved from $233,214,748 to $498,467,796 (+114.0%) between the annual amendments of 2025-03-28 and 2026-03-26; the peer median change was +15.0% (4550 comparable advisers, 99.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (4,550) · 99% percentile
    • private fund count surgeChange between filings · filing Mar 26, 2026
      private funds (Schedule D 7.B.1) moved from 3.0 to 6.0 (+100.0%) between the annual amendments of 2025-03-28 and 2026-03-26; the peer median change was 0.0% (126 comparable advisers, 95.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (126) · 95% percentile
    • client mix shiftChange between filings · filing Mar 26, 2026
      private-client share of RAUM moved from 93.0% to 57.0% between the annual amendments of 2025-03-28 and 2026-03-26
      peers: independent wealth managers, $100M to $500M (5,676)
    • institutional asset share shiftChange between filings · filing Mar 26, 2026
      institutional share of RAUM moved from 0.0% to 37.0% between the annual amendments of 2025-03-28 and 2026-03-26
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 100 to 163
      Nov 17, 2025 to Mar 26, 2026
    • Advisory employees · 5 to 3
      Nov 17, 2025 to Mar 26, 2026
    • Charity clients · 0.0 to unset
      Nov 17, 2025 to Mar 26, 2026
    • Corporate clients · 0 to 7
      Nov 17, 2025 to Mar 26, 2026
    • HNW clients · 9 to 16
      Nov 17, 2025 to Mar 26, 2026
    • Individual clients · 0 to 6
      Nov 17, 2025 to Mar 26, 2026
    • Pooled vehicle clients · 3 to 6
      Nov 17, 2025 to Mar 26, 2026
    • Assets in custody · $104M to $140M
      Nov 17, 2025 to Mar 26, 2026
    • Employees · 5 to 4
      Nov 17, 2025 to Mar 26, 2026
    • Financial planning clients · 0 to 26-50
      Nov 17, 2025 to Mar 26, 2026
    • Private funds · 3 to 6
      Nov 17, 2025 to Mar 26, 2026
    • Discretionary RAUM · $233M to $283M
      Nov 17, 2025 to Mar 26, 2026
    • HNW RAUM · $217M to $279M
      Nov 17, 2025 to Mar 26, 2026
    • Individual RAUM · $0 to $2.5M
      Nov 17, 2025 to Mar 26, 2026
    • Non-discretionary RAUM · $0 to $216M
      Nov 17, 2025 to Mar 26, 2026
    • Pooled vehicle RAUM · $15.8M to $31.5M
      Nov 17, 2025 to Mar 26, 2026
    • RAUM · $233M to $498M
      Nov 17, 2025 to Mar 26, 2026
    • Financial planning clients · 0 to 0
      Mar 28, 2025 to Nov 17, 2025
    • Other offices · 4 to 0
      Mar 28, 2025 to Nov 17, 2025
    • Accounts · 90 to 100
      Sep 9, 2024 to Mar 28, 2025
    • Advisory employees · 3 to 5
      Sep 9, 2024 to Mar 28, 2025
    • HNW clients · 15 to 9
      Sep 9, 2024 to Mar 28, 2025
    • Pooled vehicle clients · 1 to 3
      Sep 9, 2024 to Mar 28, 2025
    • Assets in custody · $7.3M to $104M
      Sep 9, 2024 to Mar 28, 2025
    • Employees · 3 to 5
      Sep 9, 2024 to Mar 28, 2025
    • HQ city · unset to AUSTIN
      Sep 9, 2024 to Mar 28, 2025
    • HQ state · unset to TX
      Sep 9, 2024 to Mar 28, 2025
    • Other offices · 3 to 4
      Sep 9, 2024 to Mar 28, 2025
    • Private funds · 1 to 3
      Sep 9, 2024 to Mar 28, 2025
    • Discretionary RAUM · $155M to $233M
      Sep 9, 2024 to Mar 28, 2025
    • HNW RAUM · $165M to $217M
      Sep 9, 2024 to Mar 28, 2025
    • Non-discretionary RAUM · $16.8M to $0
      Sep 9, 2024 to Mar 28, 2025
    • Pooled vehicle RAUM · $7.3M to $15.8M
      Sep 9, 2024 to Mar 28, 2025
    • RAUM · $172M to $233M
      Sep 9, 2024 to Mar 28, 2025
    • Accounts · 0 to 90
      May 16, 2024 to Sep 9, 2024
    • Advisory employees · 2 to 3
      May 16, 2024 to Sep 9, 2024
    • Advisory activities · 4 to 5
      May 16, 2024 to Sep 9, 2024
    • Charity clients · unset to 0.0
      May 16, 2024 to Sep 9, 2024
    • Corporate clients · unset to 0.0
      May 16, 2024 to Sep 9, 2024
    • HNW clients · unset to 15.0
      May 16, 2024 to Sep 9, 2024
    Signals
    3 dated events
    • Outrunner Capital, Llc reported RAUM $498.5M, up 114% from $233.2M (2025-11-17 to 2026-03-26)
      Mar 26, 2026 · RAUM change · derived
    • Branko Martinez Pejnovich (Chief Operations Officer) appeared on Schedule A of Outrunner Capital, Llc
      Sep 9, 2024 · Control person joined · fact
    • Outrunner Capital, Llc filed its initial SEC registration (Form ADV)
      Apr 15, 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
    Business email
    info@outrunnercapital.comreportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    linkedin.com/company/outrunner-capitalreportedpublic record, Form ADV, Sep 18, 2026
    Website
    outrunnercapital.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    512-649-3192reportedpublic record, Form ADV, Aug 28, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $166Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026