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

I•••••• P•••••• C••••• A••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 333824SEC 801-131566websiteIAPD
Latest filing Jun 30, 2026
First filing on the tape Nov 1, 2024 · 6 filings
SEC status approved since Dec 3, 2024
RAUM
$291M
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
158
21 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$291M as of Jun 30, 2026
Mar 20, 2025$12.9M then
HNW client RAUM$0 as of Jun 30, 2026
Mar 20, 2025$0 then
State-registered IARs (5.B.3)0 as of Jun 30, 2026
Mar 20, 20250 then
Employees (5.A)158 as of Jun 30, 2026
Mar 20, 2025113 then
Private funds: no history
RAUM +2147% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Jun 30, 2026; 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
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
$291MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%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
+2147%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 assetsreportedItem 5.E
Advisory activities
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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$291M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=56.0derived
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
      • J•••••• S••••••• C•••• · General Counselcontrol
        since 08/2024 · owns less than 5%
      • S••••••••• B••••• E••• · Chief Financial Officercontrol
        since 08/2024 · owns less than 5%
      • T••••• C••••••••• W••••• · Chief Compliance Officercontrol
        since 08/2024 · owns less than 5%
      • V••••••• N•••••••• O• M••••• · Chief Executive Officercontrol
        since 08/2024 · owns less than 5%
      Entity owners
      • I•••••• P• H•••••••• L•• · Managing Member
        direct · owns 75% or more
      • I••••••• I•• · Owner
        indirect · owns 75% or more of I••••••••• C•••••• N•••••• I•••
      • I••••••••• C•••••• N•••••• I••• · Managing Member
        indirect · owns F of I•••••• P• H•••••••• L••
      Related persons
      Schedule D 7.A
      • A•••• C••••••• L••
        investment advisern
      • UBS Fund A••••••, L.L.C.
        investment adviserbanknRAUM $7.0B
      • A•••••••• S••••••••• L•••••
        pooled vehicle sponsorn
      • D••••••••• S••••••••• A••••• G• I•••
        pooled vehicle sponsorn
      • G•••••••• A••••• S•••••••• O••• G• L••
        pooled vehicle sponsorn
      • I••••••• • P••••••• C•••••• G• S•••
        pooled vehicle sponsorn
      • I••••••• A•••••••• L••
        investment adviserbankpooled vehicle sponsornRAUM $150B
      • I••••••• A• G• L••
        bankpooled vehicle sponsorn
      • I••••••• A• M•••••• L••
        bankpooled vehicle sponsorn
      • I••••••• A••••••••• I••••••••• L••
        pooled vehicle sponsorn
      • I••••••• A•••••••• A•• I•••••••• S••••••• L••
        real estaten
      • I••••••• D••••• G• L••
        pooled vehicle sponsorn
      • I••••••• H• G•• L••
        pooled vehicle sponsorn
      • I••••••• H••• K••• L•••
        investment advisern
      • I••••••• I• G• L••
        pooled vehicle sponsorn
      • I••••••• L••••••••• S••••••••• G••••••
        pooled vehicle sponsorn
      • I••••••• M•••••• L••
        broker-dealern
      • I••••••• M•• F••• G•• L••
        pooled vehicle sponsorn
      • I••••••• N•••••• C••••• G• L•••
        pooled vehicle sponsorn
      • I••••••• N•••••• C••••• L•••
        investment advisern
      • I••••••• N•••••• T••••••••• S••••••••• L••
        pooled vehicle sponsorn
      • I••••••• P• G•• L••
        pooled vehicle sponsorn
      • I••••••• P•••••• E••••• O••••••• L•••
        pooled vehicle sponsorn
      • I••••••• R••••••••• F••• A•••••• L••
        investment adviserbanknRAUM $1.2B
      • I••••••• S• P•• L•••
        investment advisern
      • I••••••• S••••••••• I• L••
        pooled vehicle sponsorn
      • I••••••• S••••••••• L••
        pooled vehicle sponsorn
      • I••••••• S••••••••• M•••••• L••
        pooled vehicle sponsorn
      • I••••••••• I• G•• L••
        pooled vehicle sponsorn
      • I•• O•• M••••••••• L••
        pooled vehicle sponsorn
      Advisers that list I•••••• P•••••• C••••• A••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Greenwich, CT3 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • large related person n••••••Static outlier · filing Jun 30, 2026
        related persons on Schedule D 7.A of 39.0 against a peer median of 5.0 (488 comparable advisers, 99.0th percentile, 11.5 robust deviations)
        peers: ASSET_M••••••, $100M to $500M (488) · 99% percentile
      What changed
      consecutive filings, newest first
      • Advisory employees · 10 to 21
        Jul 16, 2025 to Mar 26, 2026
      • BD registered reps · 36 to 56
        Jul 16, 2025 to Mar 26, 2026
      • Employees · 113 to 158
        Jul 16, 2025 to Mar 26, 2026
      • Discretionary RAUM · $12.9M to $291M
        Jul 16, 2025 to Mar 26, 2026
      • RAUM · $12.9M to $291M
        Jul 16, 2025 to Mar 26, 2026
      • Financial planning clients · unset to
        Mar 20, 2025 to Jul 16, 2025
      • Accounts · 0 to 1
        Nov 1, 2024 to Mar 20, 2025
      • Employees · 111 to 113
        Nov 1, 2024 to Mar 20, 2025
      • Discretionary RAUM · $0 to $12.9M
        Nov 1, 2024 to Mar 20, 2025
      • RAUM · $0 to $12.9M
        Nov 1, 2024 to Mar 20, 2025
      Signals
      1 dated events
      • I•••••• P•••••• C••••• A••••••• L•• filed its initial SEC registration (Form ADV)
        Nov 1, 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
      Firm profile
      linkedin.com/company/icapital-network-increportedpublic record, Form ADV, Sep 18, 2026
      Website
      idirectinvestments.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-994-7400reportedpublic record, Form ADV, Jun 30, 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