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

L••• A••••• P•••••• C••••• A•••••• L••

Asset manager (funds and pooled vehicles)Jersey City, New JerseyCRD 332701SEC 801-131130websiteIAPD
Latest filing Dec 24, 2025
First filing on the tape Aug 19, 2024 · 6 filings
SEC status approved since Sep 18, 2024
RAUM
$1.3B
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
821
191 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$1.3B as of Dec 24, 2025
Feb 5, 2025$320M then
HNW client RAUM$0 as of Dec 24, 2025
Feb 5, 2025$0 then
State-registered IARs (5.B.3)214 as of Dec 24, 2025
Feb 5, 202530 then
Employees (5.A)821 as of Dec 24, 2025
Feb 5, 2025789 then
Private funds1 as of Dec 24, 2025
Mar 26, 20251 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Dec 24, 2025; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
RAUM per advisor
$6.0MderivedRAUM 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
$428MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.8derivedItem 5.A over advisors
Advisors per office
214.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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 vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$46.6M, 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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$46.6M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$46.6M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=286.0derived
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
      • S•••• D••••••• B•••• · Chief Executive Officercontrol
        since 06/2024 · owns less than 5%
      • F•••••• A•••••• L• · Chief Financial Officer
        since 06/2024 · owns less than 5%
      • P••••••••• M•••• A•• · Global Chief Compliance Officer
        since 06/2024 · owns less than 5%
      • S•••••• R•••••••• A••••• · Chief Legal Officer
        since 06/2024 · owns less than 5%
      Entity owners
      • L•••• A••••• • C•• L•• · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Advisers that list L••• A••••• P•••••• C••••• A•••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 2 to 3
        Sep 12, 2025 to Dec 24, 2025
      • Advisory employees · 188 to 191
        Sep 12, 2025 to Dec 24, 2025
      • BD registered reps · 302 to 286
        Sep 12, 2025 to Dec 24, 2025
      • Assets in custody · $253M to $46.6M
        Sep 12, 2025 to Dec 24, 2025
      • Employees · 789 to 821
        Sep 12, 2025 to Dec 24, 2025
      • Insurance-licensed employees · 220 to 214
        Sep 12, 2025 to Dec 24, 2025
      • State-registered IARs · 220 to 214
        Sep 12, 2025 to Dec 24, 2025
      • Discretionary RAUM · $845M to $1.3B
        Sep 12, 2025 to Dec 24, 2025
      • Pooled vehicle RAUM · $253M to $46.6M
        Sep 12, 2025 to Dec 24, 2025
      • RAUM · $845M to $1.3B
        Sep 12, 2025 to Dec 24, 2025
      • Accounts · 1 to 2
        Feb 5, 2025 to Mar 26, 2025
      • Advisory activities · 1 to 2
        Feb 5, 2025 to Mar 26, 2025
      • Pooled vehicle clients · unset to 1.0
        Feb 5, 2025 to Mar 26, 2025
      • Assets in custody · unset to 252763000.0
        Feb 5, 2025 to Mar 26, 2025
      • Custody of client assets · false to true
        Feb 5, 2025 to Mar 26, 2025
      • Insurance-licensed employees · 30 to 220
        Feb 5, 2025 to Mar 26, 2025
      • Financial planning clients · unset to
        Feb 5, 2025 to Mar 26, 2025
      • State-registered IARs · 30 to 220
        Feb 5, 2025 to Mar 26, 2025
      • Private funds · unset to 1
        Feb 5, 2025 to Mar 26, 2025
      • Discretionary RAUM · $320M to $845M
        Feb 5, 2025 to Mar 26, 2025
      • Pooled vehicle RAUM · $0 to $253M
        Feb 5, 2025 to Mar 26, 2025
      • RAUM · $320M to $845M
        Feb 5, 2025 to Mar 26, 2025
      • Accounts · unset to 1.0
        Nov 27, 2024 to Feb 5, 2025
      • Advisory employees · 264 to 188
        Nov 27, 2024 to Feb 5, 2025
      • BD registered reps · 292 to 302
        Nov 27, 2024 to Feb 5, 2025
      • Assets in custody · 38000000.0 to unset
        Nov 27, 2024 to Feb 5, 2025
      • Custody of client assets · true to false
        Nov 27, 2024 to Feb 5, 2025
      • Employees · 748 to 789
        Nov 27, 2024 to Feb 5, 2025
      • Insurance-licensed employees · 0 to 30
        Nov 27, 2024 to Feb 5, 2025
      • State-registered IARs · 187 to 30
        Nov 27, 2024 to Feb 5, 2025
      • Discretionary RAUM · unset to 320242000.0
        Nov 27, 2024 to Feb 5, 2025
      • Non-discretionary RAUM · unset to 0.0
        Nov 27, 2024 to Feb 5, 2025
      • RAUM · unset to 320242000.0
        Nov 27, 2024 to Feb 5, 2025
      • Related bank · false to true
        Nov 27, 2024 to Feb 5, 2025
      • Assets in custody · unset to 38000000.0
        Aug 19, 2024 to Nov 27, 2024
      • Custody of client assets · false to true
        Aug 19, 2024 to Nov 27, 2024
      Signals
      5 dated events
      • L••• A••••• P•••••• C••••• A•••••• L•• reported RAUM $1.3B, up 52% from $844.7M (2025-09-12 to 2025-12-24)
        Dec 24, 2025 · RAUM change · derived
      • L••• A••••• P•••••• C••••• A•••••• L•• reported RAUM $844.7M, up 164% from $320.2M (2025-02-05 to 2025-03-26)
        Mar 26, 2025 · RAUM change · derived
      • L••• A••••• P•••••• C••••• A•••••• L•• reported 220 state-registered advisory representatives, up from 30 (2025-02-05 to 2025-03-26)
        Mar 26, 2025 · ria a•••••• headcount change · derived
      • L••• A••••• P•••••• C••••• A•••••• L•• reported 30 state-registered advisory representatives, down from 187 (2024-11-27 to 2025-02-05)
        Feb 5, 2025 · ria a•••••• headcount change · derived
      • L••• A••••• P•••••• C••••• A•••••• L•• filed its initial SEC registration (Form ADV)
        Aug 19, 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
      Website
      l•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      201-827-2000reportedpublic record, Form ADV, Dec 24, 2025
      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