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• A•••• M•••••••••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 331542SEC 801-130402websiteIAPD
Legal name D• A•••• M••••••••• L•
Latest filing May 1, 2026
First filing on the tape May 2, 2024 · 8 filings
SEC status approved since Jun 4, 2024
RAUM
$1.8B
reported, Item 5.F
Discretionary
74%
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
34
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
4
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$1.8B as of May 1, 2026
Mar 24, 2025$1.0B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 1, 2026
Mar 24, 20250 then
Employees (5.A)34 as of May 1, 2026
Mar 24, 20257 then
Private funds4 as of May 1, 2026
Mar 24, 20252 then
RAUM +79% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of May 1, 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
$456MderivedRAUM over accounts (5.F.2.f)
Discretionary
74%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+76%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
$1.8B, 4 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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$1.8B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.8B for 4 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
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      D• S•••••••• O••••••••• I• L•Private Equity Fund$750M1Oct 1, 2024
      D• S• I• A••• L•Private Equity Fund$250M1Oct 1, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • D••••••• B••• J•••• · Managing Partner / Chief Compliance Officercontrol
        since 04/2024 · owns less than 5%
      • D••••••• L•••• J•••••• · Managing Partnercontrol
        since 04/2024 · owns less than 5%
      • D••••••• B••• J•••• · Managing Partner / Chief Compliance Officercontrol
        since 04/2024 · owns 50% to 75% of D• A•••• M••••••••• L••
      • D••••••• L•••• J•••••• · Managing Partnercontrol
        since 04/2024 · owns 50% to 75% of D• A•••• M••••••••• L••
      Entity owners
      • D• A•••• M••••••••• L•• · General Partner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • D• G• H•••••• L•
        y
      • D• S•••••••• O••••••••• I• G•• L•
        pooled vehicle sponsory
      • D• S•••••••• O••••••••• I• M••••••• L•
        y
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      3 against comparable advisers; where to look, not conclusions
      • discretionary share shiftChange between filings · filing Apr 6, 2026
        discretionary share of RAUM moved from 36.0% to 73.0% between the annual amendments of 2025-03-24 and 2026-04-06
        peers: ASSET_M••••••, $1B to $5B (1,506)
      • private fund count surgeChange between filings · filing Apr 6, 2026
        private funds (Schedule D 7.B.1) moved from 2.0 to 4.0 (+100.0%) between the annual amendments of 2025-03-24 and 2026-04-06; the peer median change was 0.0% (1022 comparable advisers, 98.0th percentile of changes)
        peers: ASSET_M••••••, $1B to $5B (1,022) · 98% percentile
      • RAUM up 50 %Change between filings · filing Apr 6, 2026
        RAUM (Item 5.F) moved from $1,018,377,871 to $1,792,565,512 (+76.0%) between the annual amendments of 2025-03-24 and 2026-04-06; the peer median change was +11.0% (1368 comparable advisers, 91.0th percentile of changes)
        peers: ASSET_M••••••, $1B to $5B (1,368) · 91% percentile
      What changed
      consecutive filings, newest first
      • Assets in custody · $1.8B to $1.8B
        Apr 6, 2026 to May 1, 2026
      • Discretionary RAUM · $1.3B to $1.3B
        Apr 6, 2026 to May 1, 2026
      • Pooled vehicle RAUM · $1.8B to $1.8B
        Apr 6, 2026 to May 1, 2026
      • RAUM · $1.8B to $1.8B
        Apr 6, 2026 to May 1, 2026
      • Accounts · 2 to 4
        May 6, 2025 to Mar 31, 2026
      • Advisory employees · 6 to 9
        May 6, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 2 to 4
        May 6, 2025 to Mar 31, 2026
      • Assets in custody · $1.0B to $1.8B
        May 6, 2025 to Mar 31, 2026
      • Employees · 7 to 34
        May 6, 2025 to Mar 31, 2026
      • Private funds · 2 to 4
        May 6, 2025 to Mar 31, 2026
      • Discretionary RAUM · $352M to $1.3B
        May 6, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $654M to $477M
        May 6, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.0B to $1.8B
        May 6, 2025 to Mar 31, 2026
      • RAUM · $1.0B to $1.8B
        May 6, 2025 to Mar 31, 2026
      • Assets in custody · $1.0B to $1.0B
        Mar 24, 2025 to May 6, 2025
      • Financial planning clients · unset to
        Mar 24, 2025 to May 6, 2025
      • Discretionary RAUM · $364M to $352M
        Mar 24, 2025 to May 6, 2025
      • Non-discretionary RAUM · $654M to $654M
        Mar 24, 2025 to May 6, 2025
      • Pooled vehicle RAUM · $1.0B to $1.0B
        Mar 24, 2025 to May 6, 2025
      • RAUM · $1.0B to $1.0B
        Mar 24, 2025 to May 6, 2025
      • Advisory employees · 2 to 6
        Oct 1, 2024 to Mar 24, 2025
      • Assets in custody · $1.0B to $1.0B
        Oct 1, 2024 to Mar 24, 2025
      • Employees · 3 to 7
        Oct 1, 2024 to Mar 24, 2025
      • Other offices · 0 to 1
        Oct 1, 2024 to Mar 24, 2025
      • Discretionary RAUM · $350M to $364M
        Oct 1, 2024 to Mar 24, 2025
      • Non-discretionary RAUM · $650M to $654M
        Oct 1, 2024 to Mar 24, 2025
      • Pooled vehicle RAUM · $1.0B to $1.0B
        Oct 1, 2024 to Mar 24, 2025
      • RAUM · $1.0B to $1.0B
        Oct 1, 2024 to Mar 24, 2025
      • Accounts · unset to 2.0
        Jun 4, 2024 to Oct 1, 2024
      • Pooled vehicle clients · unset to 2.0
        Jun 4, 2024 to Oct 1, 2024
      • Assets in custody · unset to 1000000000.0
        Jun 4, 2024 to Oct 1, 2024
      • Custody of client assets · false to true
        Jun 4, 2024 to Oct 1, 2024
      • Employees · 2 to 3
        Jun 4, 2024 to Oct 1, 2024
      • Private funds · unset to 2
        Jun 4, 2024 to Oct 1, 2024
      • Discretionary RAUM · unset to 350000000.0
        Jun 4, 2024 to Oct 1, 2024
      • Non-discretionary RAUM · unset to 650000000.0
        Jun 4, 2024 to Oct 1, 2024
      • Pooled vehicle RAUM · unset to 1000000000.0
        Jun 4, 2024 to Oct 1, 2024
      • RAUM · unset to 1000000000.0
        Jun 4, 2024 to Oct 1, 2024
      • Organization form · Limited Liability Partnership to Limited Partnership
        May 2, 2024 to Jun 4, 2024
      Signals
      2 dated events
      • D• A•••• M••••••••• reported RAUM $1.8B, up 78% from $1.0B (2025-05-06 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • D• A•••• M••••••••• filed its initial SEC registration (Form ADV)
        May 2, 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
      Firm profile
      linkedin.com/company/d2-asset-management-lpreportedpublic record, Form ADV, Sep 18, 2026
      Website
      d••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      214-831-5640reportedpublic record, Form ADV, May 1, 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