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

B••••••• L••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 331771SEC 801-130756IAPD
Legal name B•••••••
Latest filing Apr 1, 2026
First filing on the tape Jun 25, 2024 · 8 filings
SEC status approved since Aug 2, 2024
RAUM
$192M
reported, Item 5.F
Discretionary
50%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$192M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$192M as of Apr 1, 2026
Jan 6, 2025$184M then
HNW client RAUM: no history
State-registered IARs (5.B.3)2 as of Apr 1, 2026
Jan 6, 20250 then
Employees (5.A)4 as of Apr 1, 2026
Jan 6, 20254 then
Private funds2 as of Apr 1, 2026
Mar 3, 20252 then
RAUM +6.3% over the last fiscal yearIARs 1 to 2
Practice profile
derived from the filing of Apr 1, 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
$192MderivedRAUM 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
$4.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
50%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+6.3%derivedbetween the last two annual amendments
Advisor growth, one year
+100%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 pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$129M, 2 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$129M67%
  • Corporations and businesses$63.2M33%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
47reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$129M for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.67 institutional_share=0.0 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
S••••• K••••••••• V•••••••Dallas, TxJul 1, 202513 y2
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 100% of current headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • G•••••••• K••••• A•• · Chief Compliance Officercontrol
    since 05/2024 · owns less than 5%
  • N•••••• M••••••• T••••• · Principal And Coocontrol
    since 05/2024 · owns 50% to 75%
  • V•••••••• S•••••• K••••••••• · Principal, Cio And Ceocontrol
    since 05/2024 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal101
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 39 to 47
    Jul 7, 2025 to Mar 9, 2026
  • Assets in custody · $134M to $129M
    Jul 7, 2025 to Mar 9, 2026
  • State-registered IARs · 1 to 2
    Jul 7, 2025 to Mar 9, 2026
  • Discretionary RAUM · $87.8M to $96.3M
    Jul 7, 2025 to Mar 9, 2026
  • Non-discretionary RAUM · $93.1M to $96.1M
    Jul 7, 2025 to Mar 9, 2026
  • Pooled vehicle RAUM · $134M to $129M
    Jul 7, 2025 to Mar 9, 2026
  • RAUM · $181M to $192M
    Jul 7, 2025 to Mar 9, 2026
  • Financial planning clients · unset to
    Mar 3, 2025 to Jul 7, 2025
  • Accounts · 2 to 39
    Jan 6, 2025 to Mar 3, 2025
  • Advisory activities · 2 to 3
    Jan 6, 2025 to Mar 3, 2025
  • Pooled vehicle clients · unset to 2.0
    Jan 6, 2025 to Mar 3, 2025
  • Assets in custody · unset to 134297143.0
    Jan 6, 2025 to Mar 3, 2025
  • Custody of client assets · false to true
    Jan 6, 2025 to Mar 3, 2025
  • State-registered IARs · 0 to 1
    Jan 6, 2025 to Mar 3, 2025
  • Private funds · unset to 2
    Jan 6, 2025 to Mar 3, 2025
  • Discretionary RAUM · $88.2M to $87.8M
    Jan 6, 2025 to Mar 3, 2025
  • Non-discretionary RAUM · $95.6M to $93.1M
    Jan 6, 2025 to Mar 3, 2025
  • Pooled vehicle RAUM · unset to 134297143.0
    Jan 6, 2025 to Mar 3, 2025
  • RAUM · $184M to $181M
    Jan 6, 2025 to Mar 3, 2025
  • Accounts · 0 to 2
    Aug 12, 2024 to Nov 25, 2024
  • Corporate clients · unset to 2.0
    Aug 12, 2024 to Nov 25, 2024
  • Discretionary RAUM · $0 to $88.2M
    Aug 12, 2024 to Nov 25, 2024
  • Non-discretionary RAUM · $0 to $95.6M
    Aug 12, 2024 to Nov 25, 2024
  • RAUM · $0 to $184M
    Aug 12, 2024 to Nov 25, 2024
  • Legal name · B••••••• L•• to B•••••••
    Jun 25, 2024 to Aug 12, 2024
Signals
2 dated events
  • C•••• J•••• G•••• left B••••••• L•• for W•••••• W••••• M••••••••• L•• (registered 2026-04-01)
    Apr 1, 2026 · Advisor changed firm · fact
  • B••••••• L•• filed its initial SEC registration (Form ADV)
    Jun 25, 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
Principal office phone
214-559-9972reportedpublic record, Form ADV, Apr 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
$192Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026