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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
S••••••• B•••• C•••••• M••••••••• I••
Latest filing Mar 20, 2026
First filing on the tape Mar 30, 2012 · 24 filings
SEC status approved since Sep 8, 1989
RAUM
$1.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
51%
$619M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$302M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$1.2B as of Mar 20, 2026
Mar 30, 2012$520M then
HNW client RAUM$616M as of Mar 20, 2026
Mar 29, 2018$598M then
State-registered IARs (5.B.3)4 as of Mar 20, 2026
Mar 30, 20120 then
Employees (5.A)6 as of Mar 20, 2026
Apr 1, 20137 then
Private funds1 as of Mar 20, 2026
Mar 30, 20121 then
RAUM +1.5% over the last fiscal year+0.4% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- RAUM per advisor
- $302MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 37derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.5MderivedHNW RAUM over HNW clients
- Average account
- $7.4MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 7.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +1.5%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -11%derived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, 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
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$616M51%
- Pooled investment vehicles$472M39%
- Charitable organizations$70.9M5.9%
- Corporations and businesses$29.9M2.5%
- Pension and profit-sharing plans$17.5M1.4%
- Individuals$2.8M0.2%
- Individual clients
- 12reported
- HNW clients
- 136reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 163reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.51 fund_share=0.39 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| D••••• P•••••• B••••Chartered Financial Analyst | Springfield, Ma | Apr 14, 1994 | 39 y | 0 |
| R•••••• E••• T•••Chartered Financial Analyst | Springfield, Ma | Jan 3, 2011 | 39 y | 0 |
| R••• P•••••• O••••• | Springfield, Ma | Mar 2, 2017 | 11 y | 0 |
| T••••• J••••• W••••••••• | Springfield, Ma | Jul 30, 2024 | 12 y | 0 |
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 headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| D••••• P••• P••••••• L••• | Hedge Fund | $270M | 83 | Mar 30, 2012 |
Owners and control persons
Schedule A and B, latest filing
- B••••• D•••••• P•••••• · Director, Analystcontrolsince 01/1993 · owns 75% or more
- B•••••• R••••••• X••••• · Vice President, Treasurercontrolsince 01/2019 · owns less than 5%
- O•••••• R•••• P•••••• · President, Chief Compliance Officercontrolsince 08/2015 · owns less than 5%
- T•••• R••••••• E••• · Vp, Portfolio Manager, Chief Investment Officercontrolsince 04/2013 · owns less than 5%
Related persons
Schedule D 7.A
- E••••• I••••••••• L••investment adviserpooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Springfield, Ma · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 184 to 163Apr 21, 2025 to Mar 20, 2026
- Corporate clients · 6.0 to unsetApr 21, 2025 to Mar 20, 2026
- HNW clients · 152 to 136Apr 21, 2025 to Mar 20, 2026
- Individual clients · 15 to 12Apr 21, 2025 to Mar 20, 2026
- Pooled vehicle clients · 4 to 5Apr 21, 2025 to Mar 20, 2026
- Discretionary RAUM · $1.2B to $1.2BApr 21, 2025 to Mar 20, 2026
- HNW RAUM · $648M to $616MApr 21, 2025 to Mar 20, 2026
- Individual RAUM · $3.9M to $2.8MApr 21, 2025 to Mar 20, 2026
- Pension RAUM · $19.6M to $17.5MApr 21, 2025 to Mar 20, 2026
- Pooled vehicle RAUM · $414M to $472MApr 21, 2025 to Mar 20, 2026
- RAUM · $1.2B to $1.2BApr 21, 2025 to Mar 20, 2026
- Corporate clients · 8 to 6Mar 20, 2024 to Apr 21, 2025
- HNW clients · 149 to 152Mar 20, 2024 to Apr 21, 2025
- Individual clients · 16 to 15Mar 20, 2024 to Apr 21, 2025
- Financial planning clients · unset to Mar 20, 2024 to Apr 21, 2025
- State-registered IARs · 3 to 4Mar 20, 2024 to Apr 21, 2025
- Discretionary RAUM · $1.1B to $1.2BMar 20, 2024 to Apr 21, 2025
- HNW RAUM · $551M to $648MMar 20, 2024 to Apr 21, 2025
- Individual RAUM · $4.6M to $3.9MMar 20, 2024 to Apr 21, 2025
- Pension RAUM · $16.2M to $19.6MMar 20, 2024 to Apr 21, 2025
- Pooled vehicle RAUM · $395M to $414MMar 20, 2024 to Apr 21, 2025
- RAUM · $1.1B to $1.2BMar 20, 2024 to Apr 21, 2025
- Accounts · 197 to 184Nov 9, 2023 to Mar 20, 2024
- HNW clients · 162 to 149Nov 9, 2023 to Mar 20, 2024
- Individual clients · 15 to 16Nov 9, 2023 to Mar 20, 2024
- Discretionary RAUM · $1.2B to $1.1BNov 9, 2023 to Mar 20, 2024
- HNW RAUM · $685M to $551MNov 9, 2023 to Mar 20, 2024
- Individual RAUM · $4.1M to $4.6MNov 9, 2023 to Mar 20, 2024
- Pension RAUM · $47.9M to $16.2MNov 9, 2023 to Mar 20, 2024
- Pooled vehicle RAUM · $343M to $395MNov 9, 2023 to Mar 20, 2024
- RAUM · $1.2B to $1.1BNov 9, 2023 to Mar 20, 2024
- Accounts · 199 to 197Mar 25, 2022 to Mar 24, 2023
- Advisory employees · 3 to 4Mar 25, 2022 to Mar 24, 2023
- Individual clients · 17 to 15Mar 25, 2022 to Mar 24, 2023
- Employees · 5 to 6Mar 25, 2022 to Mar 24, 2023
- Discretionary RAUM · $1.4B to $1.2BMar 25, 2022 to Mar 24, 2023
- HNW RAUM · $817M to $685MMar 25, 2022 to Mar 24, 2023
- Individual RAUM · $5.4M to $4.1MMar 25, 2022 to Mar 24, 2023
- Pension RAUM · $70.2M to $47.9MMar 25, 2022 to Mar 24, 2023
- Pooled vehicle RAUM · $414M to $343MMar 25, 2022 to Mar 24, 2023
Signals
4 dated events
- S••••••• B•••• C•••••• M••••••••• I•• reported RAUM $1.4B, up 29% from $1.1B (2021-03-23 to 2022-03-25)Mar 25, 2022 · RAUM change · derived
- S••••••• B•••• C•••••• M••••••••• I•• reported RAUM $1.2B, up 27% from $907.2M (2019-04-15 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Xavier Richard Butera (Vice President, Treasurer) appeared on Schedule A of S••••••• B•••• C•••••• M••••••••• I••Feb 8, 2019 · Control person joined · fact
- Thomas Andrew Henshon (Vp, Chief Investment Officer) no longer on Schedule A of S••••••• B•••• C•••••• M••••••••• I•• (listed 2018-03-29, absent 2019-02-08)Feb 8, 2019 · Control person left · inference
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
- Principal office phone
- 413-784-0990reportedpublic record, Form ADV, Mar 20, 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $302Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026