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•••• C••••••• L••

Asset manager (funds and pooled vehicles)CRD 331481SEC 801-130444websiteIAPD
Latest filing Mar 5, 2026
First filing on the tape May 9, 2024 · 6 filings
SEC status approved since Jul 17, 2024
RAUM
$3.2B
reported, Item 5.F
Discretionary
5.0%
of RAUM
Private clients
0.8%
$26.8M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$3.2B
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$3.2B as of Mar 5, 2026
Jan 20, 2025$3.1B then
HNW client RAUM$26.8M as of Mar 5, 2026
Jan 20, 2025$27.0M then
State-registered IARs (5.B.3)1 as of Mar 5, 2026
Jan 20, 20251 then
Employees (5.A)7 as of Mar 5, 2026
Jan 20, 20255 then
Private funds4 as of Mar 5, 2026
Jan 20, 20254 then
RAUM +3.7% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Mar 5, 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
$3.2BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$13.4MderivedHNW RAUM over HNW clients
Average account
$266MderivedRAUM over accounts (5.F.2.f)
Discretionary
5.0%derivedof RAUM
Institutional
34%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
7.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+3.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%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 individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$1.9B61%
  • Charitable organizations$1.1B34%
  • Pooled investment vehicles$123M3.9%
  • High-net-worth individuals$26.8M0.8%
  • Insurance companies$6.7M0.2%
Individual clients
n/areported
HNW clients
2reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
12reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.01 fund_share=0.65 institutional_share=0.34 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••••• R•••••• J•••••New York, NyJan 21, 202525 y4
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
    5 reported on Schedule D 7.B.(1)
    Owners and control persons
    Schedule A and B, latest filing
    • A••••••••• B••••• M•••••• · Managing Partnercontrol
      since 01/2024 · owns 50% to 75%
    • J•••••• J•••••• R•••••• · Partner, Chief Compliance Officercontrol
      since 01/2024 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • high institutional concentrationStatic outlier · filing Mar 5, 2026
      institutional share of RAUM of 34% against a peer median of 0% (1506 comparable advisers, 100.0th percentile, 11.6 robust deviations)
      peers: asset managers, $1B to $5B (1,506) · 100% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 14 to 12
      Feb 24, 2025 to Mar 5, 2026
    • HNW clients · 3 to 2
      Feb 24, 2025 to Mar 5, 2026
    • Employees · 5 to 7
      Feb 24, 2025 to Mar 5, 2026
    • HQ city · NEW YORK to
      Feb 24, 2025 to Mar 5, 2026
    • HQ state · NY to
      Feb 24, 2025 to Mar 5, 2026
    • Discretionary RAUM · $158M to $159M
      Feb 24, 2025 to Mar 5, 2026
    • HNW RAUM · $27.0M to $26.8M
      Feb 24, 2025 to Mar 5, 2026
    • Non-discretionary RAUM · $2.9B to $3.0B
      Feb 24, 2025 to Mar 5, 2026
    • Pooled vehicle RAUM · $207M to $123M
      Feb 24, 2025 to Mar 5, 2026
    • RAUM · $3.1B to $3.2B
      Feb 24, 2025 to Mar 5, 2026
    • Financial planning clients · unset to
      Jan 20, 2025 to Feb 24, 2025
    • Accounts · 13 to 14
      Jul 12, 2024 to Jan 20, 2025
    • Business name · H••••••• C••••••• L•• to A•••• C••••••• L••
      Jul 12, 2024 to Jan 20, 2025
    • Charity clients · unset to 1.0
      Jul 12, 2024 to Jan 20, 2025
    • HNW clients · unset to 3.0
      Jul 12, 2024 to Jan 20, 2025
    • Employees · 4 to 5
      Jul 12, 2024 to Jan 20, 2025
    • Legal name · H••••••• C••••••• L•• to A•••• C••••••• L••
      Jul 12, 2024 to Jan 20, 2025
    • Private funds · 5 to 4
      Jul 12, 2024 to Jan 20, 2025
    • Discretionary RAUM · $2.7B to $158M
      Jul 12, 2024 to Jan 20, 2025
    • HNW RAUM · $27.0M to $27.0M
      Jul 12, 2024 to Jan 20, 2025
    • Non-discretionary RAUM · $0 to $2.9B
      Jul 12, 2024 to Jan 20, 2025
    • Pooled vehicle RAUM · $125M to $207M
      Jul 12, 2024 to Jan 20, 2025
    • RAUM · $2.7B to $3.1B
      Jul 12, 2024 to Jan 20, 2025
    Signals
    1 dated events
    • H••••••• C••••••• L•• filed its initial SEC registration (Form ADV)
      May 9, 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
    altes.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    6465479080reportedpublic record, Form ADV, Mar 5, 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
    $3.2Bderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026
    Across the graphs

    A•••• C••••••• L•• is the same institution as 1 record in Real Estate Funds.

    Real Estate Funds1

    Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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