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

N•••••••• E•••

Asset manager (funds and pooled vehicles)Downey, CaliforniaCRD 332971SEC 801-131316websiteIAPD
Legal name N••• E•• E•••• L••
Latest filing Mar 23, 2026
First filing on the tape Sep 18, 2024 · 10 filings
SEC status approved since Oct 18, 2024
RAUM
$517M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$259M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$517M as of Mar 23, 2026
Feb 21, 2025$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)2 as of Mar 23, 2026
Feb 21, 20253 then
Employees (5.A)3 as of Mar 23, 2026
Feb 21, 20253 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 3 to 2
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
RAUM per advisor
$259MderivedRAUM 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
$170,562derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, commissionsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for investment companiesreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$332M64%
  • Investment companies$185M36%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3,033reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, commissionsreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
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 headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • R••••• M••••• · Managing Membercontrol
    since 09/2024 · owns 75% or more
  • J•••••• I••• · Chief Compliance Officer
    since 11/2024 · 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
Downey, Ca · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • compensation changedChange between filings · filing Mar 23, 2026
    commissions (Item 5.E.5): no on the filing of 2026-01-22, yes on the filing of 2026-03-23
    peers: asset managers, $500M to $1B (784)
What changed
consecutive filings, newest first
  • Accounts · 2,892 to 3,033
    Jan 22, 2026 to Mar 23, 2026
  • Commission compensation · false to true
    Jan 22, 2026 to Mar 23, 2026
  • Discretionary RAUM · $519M to $517M
    Jan 22, 2026 to Mar 23, 2026
  • RAUM · $519M to $517M
    Jan 22, 2026 to Mar 23, 2026
  • Accounts · 0 to 2,892
    May 30, 2025 to Dec 2, 2025
  • Advisory employees · 3 to 2
    May 30, 2025 to Dec 2, 2025
  • Advisory activities · 1 to 2
    May 30, 2025 to Dec 2, 2025
  • BD registered reps · 0 to 2
    May 30, 2025 to Dec 2, 2025
  • Insurance-licensed employees · 3 to 2
    May 30, 2025 to Dec 2, 2025
  • State-registered IARs · 3 to 2
    May 30, 2025 to Dec 2, 2025
  • Discretionary RAUM · $0 to $519M
    May 30, 2025 to Dec 2, 2025
  • RAUM · $0 to $519M
    May 30, 2025 to Dec 2, 2025
  • Financial planning clients · unset to
    Feb 21, 2025 to May 30, 2025
  • BD registered reps · 3 to 0
    Nov 26, 2024 to Feb 21, 2025
  • Related adviser · false to true
    Nov 26, 2024 to Feb 21, 2025
  • Related broker-dealer · false to true
    Nov 26, 2024 to Feb 21, 2025
  • Advisory employees · 5 to 3
    Sep 25, 2024 to Oct 18, 2024
  • Advisory activities · 3 to 1
    Sep 25, 2024 to Oct 18, 2024
  • BD registered reps · 5 to 3
    Sep 25, 2024 to Oct 18, 2024
  • Employees · 10 to 3
    Sep 25, 2024 to Oct 18, 2024
  • Insurance-licensed employees · 5 to 3
    Sep 25, 2024 to Oct 18, 2024
  • Financial planning clients · 0 to unset
    Sep 25, 2024 to Oct 18, 2024
  • State-registered IARs · 5 to 3
    Sep 25, 2024 to Oct 18, 2024
  • Related adviser · true to false
    Sep 25, 2024 to Oct 18, 2024
  • Related broker-dealer · true to false
    Sep 25, 2024 to Oct 18, 2024
  • Business name · N••• Y•••• E•• to N•••••••• E•••
    Sep 18, 2024 to Sep 25, 2024
Signals
2 dated events
  • I••• J••••• left N•••••••• E••• for J•••••• E••••• W••••• M••••••••• L•• (registered 2025-05-19)
    Jun 2, 2025 · Advisor changed firm · fact
  • N••• Y•••• E•• filed its initial SEC registration (Form ADV)
    Sep 18, 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
N••••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
866-475-5050reportedpublic record, Form ADV, Mar 23, 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
$259Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026