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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 1b 10b

SHEPHERD FINANCIAL PARTNERS, LLC

CRD 169093

WINCHESTER, MA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:25d76dbd-b163-b833-95c2-d5c74982b73b

Data as of Mar 27, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 11:30 AM UTC and rebuilt at most every 15 minutes.

Relationships: 18
Dated events: 5
On other graphs: 0
Observed: Aug 6, 2015 to Mar 27, 2026
35 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.9 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=7.0
Regulatory AUM: $1.4BItem 5.F on the latest filing (2026-03-27); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.4B
Private client RAUM: $1.2BderivedItem 5.D individuals plus high net worth individuals
Private client share: 90%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 8
RAUM per advisor: $172Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 24
Advisory employees: 7
Offices: 5Schedule D 1.F, beyond the principal office
Accounts: 1,941
Individual clients: 386
High net worth clients: 344
Custody, client assets: $468M
SEC number: 801-106533
CIK: 1696628
CRD: 169093
Filings on the tape: 35
First filed: Aug 6, 2015
Latest filed: Mar 27, 2026
Organised: Limited Liability Company, DE

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
ROBERT MARK SHEPHERD	Certified Financial Planner	WINCHESTER, MA	31	37	n/a	yes
PAUL ROBERT BOURGEOIS	Certified Financial Planner	TEWKSBURY, MA \| WINCHESTER, MA	11	39	n/a	yes
STEVE LEE KUHLMAN	n/a	WINCHESTER, MA \| SANIBEL, FL	10	10	n/a	yes
JAMES ROBERT LISTER	n/a	WINCHESTER, MA \| Boston, MA	10	18	n/a	yes
STEVEN FRANCIS ST. PIERRE	Certified Financial Planner	NAPLES, FL \| WINCHESTER, MA \| RYE, NH	8	27	1	yes
SAMUEL S SHEPHERD	Chartered Financial Analyst	WINCHESTER, MA	8	10	n/a	yes
CHRISTOPHER MICHAEL COGLIANO	Chartered Financial Analyst	WINCHESTER, MA	2	10	1	yes
ANTHONY JOSEPH CIARAMITARO	n/a	WINCHESTER, MA	0	11	2	yes

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
DAVIES, BRIAN, GEORGE	CHIEF INVESTMENT OFFICER	Na	yes	07/2019	Mar 30, 2020	Nov 8, 2024
KUHLMAN, STEVE, LEE	MANAGING DIRECTOR	Na	yes	06/2015	May 19, 2016	Nov 8, 2024
LAWLER, JANE, GOLDEN	CHIEF OPERATING OFFICER	Na	yes	06/2015	May 19, 2016	Nov 8, 2024
SHEPHERD, ROBERT, MARK	MANAGING MEMBER, CHIEF EXECUTIVE OFFICER AND CHIEF COMPLIANCE OFFICER	E	yes	06/2015	Aug 6, 2015	Nov 8, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Boston	Ma	United States	1	yes
n/a	n/a	n/a	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 11 of 12

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 27, 2026	$1.4B	$1.4B	24	7	5	n/a	n/a
2024	Mar 26, 2025	$1.1B	$1.1B	21	8	4	n/a	n/a
2023	Mar 27, 2024	$975M	$975M	23	8	3	n/a	n/a
2022	Mar 30, 2023	$799M	$799M	23	9	3	n/a	n/a
2021	Mar 30, 2022	$847M	$847M	20	8	3	n/a	n/a
2020	Mar 31, 2021	$687M	$687M	17	8	2	n/a	n/a
2019	Mar 30, 2020	$549M	$549M	18	8	3	n/a	n/a
2018	Mar 29, 2019	$799M	$795M	27	11	3	n/a	n/a
2017	Mar 30, 2018	$689M	$686M	26	11	3	n/a	n/a
2016	Mar 31, 2017	$575M	$573M	25	12	n/a	n/a	n/a
2015	Mar 28, 2016	$312M	$312M	20	8	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
1	0	1	0.0%	0	0	0	2	1

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$1.4B	$1.1B	21.2%	$799M	20.0%	24	21	5	4

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
AFFINIA FINANCIAL GROUP, LLC	2	Oct 2, 2019	Aug 8, 2019	WINCHESTER, MA	Team lift out	RIA to new firm	22.2%

Relationships

Registered with (13)

← ANTHONY JOSEPH CIARAMITAROAdvisorregistration: current employment
Mar 19, 2026 to presentfactForm ADV
← CHRISTOPHER MICHAEL COGLIANOAdvisorregistration: current employment
Jul 17, 2024 to presentfactForm ADV
← SAMUEL S SHEPHERDAdvisorregistration: current employment
Mar 26, 2018 to presentfactForm ADV
← STEVEN FRANCIS ST. PIERREAdvisorregistration: current employment
Dec 8, 2017 to presentfactForm ADV
← JAMES ROBERT LISTERAdvisorregistration: current employment
Apr 26, 2016 to presentfactForm ADV
← STEVE LEE KUHLMANAdvisorregistration: current employment
Nov 10, 2015 to presentfactForm ADV
← PAUL ROBERT BOURGEOISAdvisorregistration: current employment
Sep 2, 2015 to presentfactForm ADV
← ROBERT MARK SHEPHERDAdvisorregistration: current employment
Aug 28, 2015 to presentfactForm ADV
← ROBERT WILLIAM PAONEAdvisorregistration: previous registration
May 22, 2024 to Aug 18, 2025factForm ADV
← Bruce Neil GoodmanAdvisorregistration: previous registration
Oct 17, 2016 to Nov 16, 2020factForm ADV
← CYNTHIA ROSE HADDADAdvisorregistration: previous registration
Sep 2, 2015 to Oct 2, 2019factForm ADV
← ALEXANDRIA MORGAN NadwornyAdvisorregistration: previous registration
Sep 2, 2015 to Oct 2, 2019factForm ADV
← ANDREW JOSEPH MURPHYAdvisorregistration: previous registration
Dec 15, 2017 to Jan 10, 2018factForm ADV

Controls (4)

← SHEPHERD, ROBERT, MARKOwnerMANAGING MEMBER, CHIEF EXECUTIVE OFFICER AND CHIEF COMPLIANCE OFFICER, ownership code E, individual
Aug 6, 2015 to Nov 8, 2024factForm ADV
← KUHLMAN, STEVE, LEEOwnerMANAGING DIRECTOR, ownership code NA, individual
May 19, 2016 to Nov 8, 2024factForm ADV
← LAWLER, JANE, GOLDENOwnerCHIEF OPERATING OFFICER, ownership code NA, individual
May 19, 2016 to Nov 8, 2024factForm ADV
← DAVIES, BRIAN, GEORGEOwnerCHIEF INVESTMENT OFFICER, ownership code NA, individual
Mar 30, 2020 to Nov 8, 2024factForm ADV

Moved with (1)

→ AFFINIA FINANCIAL GROUP, LLCRegistered adviser2 advisors, team lift out, same day
Oct 2, 2019 to Aug 8, 2019factForm ADV

Dated events

Occurred
Aug 18, 2025
Advisor changed firm
Robert William Paone left Shepherd Financial Partners, Llc for Ballentine Partners (registered 2025-09-03)
Form ADVobserved 5 days ago
Occurred
Mar 31, 2021
Regulatory AUM changed
Shepherd Financial Partners, Llc reported RAUM $687.5M, up 25% from $548.5M (2020-12-23 to 2021-03-31)
Form ADVobserved 5 days ago
$139M
Occurred
Mar 30, 2020
Regulatory AUM changed
Shepherd Financial Partners, Llc reported RAUM $548.5M, down 31% from $799.1M (2019-12-04 to 2020-03-30)
Form ADVobserved 5 days ago
$-251M
Occurred
Mar 30, 2020
Control person joined
George Brian Davies (Chief Investment Officer) appeared on Schedule A of Shepherd Financial Partners, Llc
Form ADVobserved 5 days ago
Occurred
Aug 6, 2015
First Form ADV filing
Shepherd Financial Partners, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:25d76dbd-b163-b833-95c2-d5c74982b73b
First observed: Aug 6, 2015
Last observed: Mar 27, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

SHEPHERD FINANCIAL PARTNERS, LLC

CRD 169093

WINCHESTER, MA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:25d76dbd-b163-b833-95c2-d5c74982b73b

Data as of Mar 27, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 11:30 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

ROBERT MARK SHEPHERD

Certified Financial Planner

WINCHESTER, MA

n/a

yes

PAUL ROBERT BOURGEOIS

Certified Financial Planner

TEWKSBURY, MA | WINCHESTER, MA

n/a

yes

STEVE LEE KUHLMAN

n/a

WINCHESTER, MA | SANIBEL, FL

n/a

yes

JAMES ROBERT LISTER

n/a

WINCHESTER, MA | Boston, MA

n/a

yes

STEVEN FRANCIS ST. PIERRE

Certified Financial Planner

NAPLES, FL | WINCHESTER, MA | RYE, NH

yes

SAMUEL S SHEPHERD

Chartered Financial Analyst

WINCHESTER, MA

n/a

yes

CHRISTOPHER MICHAEL COGLIANO

Chartered Financial Analyst

WINCHESTER, MA

yes

ANTHONY JOSEPH CIARAMITARO

n/a

WINCHESTER, MA

yes

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

DAVIES, BRIAN, GEORGE

CHIEF INVESTMENT OFFICER

yes

07/2019

Mar 30, 2020

Nov 8, 2024

KUHLMAN, STEVE, LEE

MANAGING DIRECTOR

yes

06/2015

May 19, 2016

Nov 8, 2024

LAWLER, JANE, GOLDEN

CHIEF OPERATING OFFICER

yes

06/2015

May 19, 2016

Nov 8, 2024

SHEPHERD, ROBERT, MARK

MANAGING MEMBER, CHIEF EXECUTIVE OFFICER AND CHIEF COMPLIANCE OFFICER

yes

06/2015

Aug 6, 2015

Nov 8, 2024

City

State

Country

Employees

Also broker-dealer

Boston

United States

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 27, 2026

$1.4B

n/a

2024

Mar 26, 2025

$1.1B

n/a

2023

Mar 27, 2024

$975M

n/a

2022

Mar 30, 2023

$799M

n/a

2021

Mar 30, 2022

$847M

n/a

2020

Mar 31, 2021

$687M

n/a

2019

Mar 30, 2020

$549M

n/a

2018

Mar 29, 2019

$799M

$795M

n/a

2017

Mar 30, 2018

$689M

$686M

n/a

2016

Mar 31, 2017

$575M

$573M

n/a

2015

Mar 28, 2016

$312M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$1.4B

$1.1B

21.2%

$799M

20.0%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

AFFINIA FINANCIAL GROUP, LLC

Oct 2, 2019

Aug 8, 2019

WINCHESTER, MA

Team lift out

RIA to new firm

22.2%