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

A••• H••••• M••••••••• C••••••• L••

Asset manager (funds and pooled vehicles)Menlo Park, CaliforniaCRD 340280SEC 801-135675websiteIAPD
Latest filing Jul 23, 2026
First filing on the tape Mar 27, 2026 · 2 filings
SEC status approved since Mar 27, 2026
RAUM
$215M
reported, Item 5.F
Discretionary
0.0%
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
19
12 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
2 filings and snapshots on the tape
RAUM$215M as of Jul 23, 2026
Mar 27, 2026$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 23, 2026
Mar 27, 20260 then
Employees (5.A)19 as of Jul 23, 2026
Mar 27, 202620 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jul 23, 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
$107MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 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 vehiclesreportedItem 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
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$215M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • K••• D••••••• T•••••••• · Chief Financial Officercontrol
        since 12/2025 · owns less than 5%
      • R•••••• D••••••• S•••• · Chief Executive Officer Officercontrol
        since 12/2025 · owns less than 5%
      • S••••••• W••••••• N••••••• · Chief Compliance Officercontrol
        since 12/2025 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      3 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Jul 23, 2026
        discretionary share of RAUM of 0% against a peer median of 100% (1567 comparable advisers, 0.0th percentile, 33.7 robust deviations)
        peers: asset managers, $100M to $500M (1,567) · 0.0% percentile
      • business activity changedChange between filings · filing Jul 23, 2026
        advises private funds (Item 7.B): no on the filing of 2026-03-27, yes on the filing of 2026-07-23
        peers: asset managers, $100M to $500M (1,567)
      • compensation changedChange between filings · filing Jul 23, 2026
        performance-based compensation (Item 5.E.6): no on the filing of 2026-03-27, yes on the filing of 2026-07-23
        peers: asset managers, $100M to $500M (1,567)
      What changed
      consecutive filings, newest first
      • Accounts · 0 to 2
        Mar 27, 2026 to Jul 23, 2026
      • Advisory employees · 13 to 12
        Mar 27, 2026 to Jul 23, 2026
      • Pooled vehicle clients · unset to 2.0
        Mar 27, 2026 to Jul 23, 2026
      • Employees · 20 to 19
        Mar 27, 2026 to Jul 23, 2026
      • Non-discretionary RAUM · $0 to $215M
        Mar 27, 2026 to Jul 23, 2026
      • Pooled vehicle RAUM · unset to 214502129.0
        Mar 27, 2026 to Jul 23, 2026
      • RAUM · $0 to $215M
        Mar 27, 2026 to Jul 23, 2026
      Signals
      1 dated events
      • William Nicholas Steiner, registered through I••••• C••••••• L•• (San Francisco, CA), is a direct owner of A••• H••••• M••••••••• C••••••• L••, an adviser first registered 2026-03-27
        Mar 27, 2026 · Owner of a newly registered adviser · 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/ajaxhealthreportedpublic record, Form ADV, Sep 18, 2026
      Website
      a•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      800-991-6564reportedpublic record, Form ADV, Jul 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026