Validus Growth Investors, Llc
- Regulatory AUM
- $353M
- Discretionary
- $102M
- Clients
- 9
- Avg AUM / client
- $39.2M
- Accounts
- 1,466
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Jun 12, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 8 | $2.4M | 0.67% |
| Investment companies | 1 | $99.6M | 28.2% |
| Other investment advisers | Fewer than 5 clients | $251M | 71.1% |
People (9)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Putnam, Donald, Harding | Managing Member | Sep 1996 (30y) | ≈ 3.75% – 10% via Grail Llc | |
| Jones, Glennis | Member | Apr 2002 (24y) | 50% – 75% of Triley Ventures, Llc (indirect) | |
| Jones, John, Bernard | Member | Apr 2002 (24y) | 50% – 75% of Triley Ventures, Llc (indirect) | |
| Raymond Joseph Lucia | Ceo | Mar 2010 (16y) | ≈ 0% – 5% via Lucia Capital Group, Llc | |
| Joseph Paul Lucia | Member, Series P Units | Aug 2011 (15y) | ≈ 0% – 2.5% via Lucia Capital Group, Llc | |
| Delaney, Pamela, Joan | Member | May 2015 (11y) | Less than 5% | |
| Mark Christopher Scalzo | Managing Partner, Chief Investment Officer, Member, Series C Units | Aug 2020 (6y) | 75% or more | |
| Sanchez Scalzo, Veronique, Lemaire | Member, Series C Units | Aug 2020 (6y) | Less than 5% | |
| Murphey, Celia, Nan | Chief Compliance Officer | Mar 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Triley Ventures Llc | Member, Series C Units | Aug 2020 | A | 10% – 25% |
| Grail Llc | Member, Series C Units | Aug 2020 | A | 5% – 10% |
| Lucia Capital Group, Llc | Member, Series P Units | Aug 2020 | A | Less than 5% |
Undisclosed: 0% – 10% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Putnam, Donald, Harding: 75% – 100% of Grail Llc × 5% – 10% direct ≈ 3.75% – 10% of the firm
- Raymond Joseph Lucia: 75% – 100% of Lucia Capital Group, Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Joseph Paul Lucia: 25% – 50% of Lucia Capital Group, Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/12/2026 | 1.05 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Other services
Custody
Reported custodians
- LPL Financial $251M (71% of AUM) Jun 2026
- Charles Schwab & Co. $8.7M (13% of AUM) Jun 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 12, 2026.
View current Form ADV (SEC/IAPD) ↗