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.

SEC-registered adviser

Penobscot Investment Management Company, Inc.

Independent wealth managerBoston, MassachusettsCRD 105060SEC 801-31820websiteIAPD
Latest filing May 18, 2026
First filing on the tape Mar 30, 2012 · 45 filings
SEC status approved since May 2, 1988
RAUM
$1.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
90%
$1.5B individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$204M
derived; firm RAUM over IAPD count
Employees
14
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
45 filings and snapshots on the tape
RAUM$1.6B as of May 18, 2026
Mar 30, 2012$273M then
HNW client RAUM$1.4B as of May 18, 2026
Mar 21, 2018$419M then
State-registered IARs (5.B.3)8 as of May 18, 2026
Mar 28, 20137 then
Employees (5.A)14 as of May 18, 2026
Mar 28, 20139 then
Private funds: no history
RAUM +18% over the last fiscal year+33% a year over threeIARs 7 to 8
Practice profile
derived from the filing of May 18, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
RAUM per advisor
$204MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
69derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.3MderivedHNW RAUM over HNW clients
Average account
$1.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
8.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+14%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.2%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$1.1B, 324 clientsreportedItem 9.A
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)
  • compensates persons for client referrals (8.G.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.4B84%
  • Individuals$104M6.4%
  • Corporations and businesses$102M6.2%
  • Charitable organizations$51.9M3.2%
  • Pension and profit-sharing plans$7.8M0.5%
Individual clients
231reported
HNW clients
317reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
845reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$1.1B for 324 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.9 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Douglas Edward HartBoston, MaOct 7, 200838 y1
Jonathan Reid PhillipsBoston, MaOct 8, 200824 y1
Eugene Howard ClappBoston, MaOct 8, 200838 y1
Daniel Bailey FordBoston, MaDec 4, 200917 y0
Charles Fairweather KaneBoston, MaApr 9, 201245 y2
Colleen Barry Mac PhersonChartered Financial AnalystBoston, MaAug 22, 201612 y0
Christopher Alcorn ChildsChartered Financial AnalystBoston, MaJun 5, 202312 y2
Eugene H ClappBoston, MaJan 13, 202610 y0
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Alcorn Christopher Childs · Directorcontrol
    since 05/2026 · owns less than 5%
  • Howard Eugene Clapp · Director & Treasurercontrol
    since 02/2019 · owns 25% to 50%
  • Bailey Daniel Ford · President & Directorcontrol
    since 02/2019 · owns 10% to 25%
  • Edward Douglas Hart · Director & Secretarycontrol
    since 02/2019 · owns 25% to 50%
  • Cooney Colleen Macpherson · Directorcontrol
    since 01/2023 · owns 5% to 10%
  • Elizabeth Kristin Nicholson · Chief Compliance Officercontrol
    since 03/2025 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Boston, Ma · principal810
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing May 18, 2026
    Childs, Christopher, Alcorn (DIRECTOR) appeared on Schedule A between the filings of 2023-04-12 and 2026-05-18
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing May 18, 2026
    NICHOLSON, KRISTIN, ELIZABETH (CHIEF COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2023-04-12 and 2026-05-18
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 796 to 845
    Mar 26, 2025 to Mar 23, 2026
  • Advisory employees · 7 to 8
    Mar 26, 2025 to Mar 23, 2026
  • Charity clients · 8 to 6
    Mar 26, 2025 to Mar 23, 2026
  • Corporate clients · 11 to 8
    Mar 26, 2025 to Mar 23, 2026
  • HNW clients · 293 to 317
    Mar 26, 2025 to Mar 23, 2026
  • Individual clients · 233 to 231
    Mar 26, 2025 to Mar 23, 2026
  • Pension plan clients · 2.0 to unset
    Mar 26, 2025 to Mar 23, 2026
  • Assets in custody · $891M to $1.1B
    Mar 26, 2025 to Mar 23, 2026
  • State-registered IARs · 7 to 8
    Mar 26, 2025 to Mar 23, 2026
  • Discretionary RAUM · $1.4B to $1.6B
    Mar 26, 2025 to Mar 23, 2026
  • HNW RAUM · $1.1B to $1.4B
    Mar 26, 2025 to Mar 23, 2026
  • Individual RAUM · $108M to $104M
    Mar 26, 2025 to Mar 23, 2026
  • Non-discretionary RAUM · $3.6M to $4.0M
    Mar 26, 2025 to Mar 23, 2026
  • Pension RAUM · $3.1M to $7.8M
    Mar 26, 2025 to Mar 23, 2026
  • RAUM · $1.4B to $1.6B
    Mar 26, 2025 to Mar 23, 2026
  • Accounts · 681 to 796
    Oct 8, 2024 to Mar 26, 2025
  • Charity clients · 6 to 8
    Oct 8, 2024 to Mar 26, 2025
  • Corporate clients · 13 to 11
    Oct 8, 2024 to Mar 26, 2025
  • HNW clients · 236 to 293
    Oct 8, 2024 to Mar 26, 2025
  • Individual clients · 221 to 233
    Oct 8, 2024 to Mar 26, 2025
  • Assets in custody · $520M to $891M
    Oct 8, 2024 to Mar 26, 2025
  • Employees · 15 to 14
    Oct 8, 2024 to Mar 26, 2025
  • Financial planning clients · 0 to 0
    Oct 8, 2024 to Mar 26, 2025
  • Discretionary RAUM · $902M to $1.4B
    Oct 8, 2024 to Mar 26, 2025
  • HNW RAUM · $806M to $1.1B
    Oct 8, 2024 to Mar 26, 2025
  • Individual RAUM · $98.2M to $108M
    Oct 8, 2024 to Mar 26, 2025
  • Non-discretionary RAUM · $147M to $3.6M
    Oct 8, 2024 to Mar 26, 2025
  • Pension RAUM · $6.0M to $3.1M
    Oct 8, 2024 to Mar 26, 2025
  • RAUM · $1.0B to $1.4B
    Oct 8, 2024 to Mar 26, 2025
  • Assets in custody · $394M to $520M
    Mar 20, 2024 to Oct 8, 2024
  • Accounts · 543 to 681
    Aug 2, 2023 to Mar 20, 2024
  • Charity clients · 4 to 6
    Aug 2, 2023 to Mar 20, 2024
  • Corporate clients · 11 to 13
    Aug 2, 2023 to Mar 20, 2024
  • HNW clients · 172 to 236
    Aug 2, 2023 to Mar 20, 2024
  • Individual clients · 199 to 221
    Aug 2, 2023 to Mar 20, 2024
  • Assets in custody · $380M to $394M
    Aug 2, 2023 to Mar 20, 2024
  • Employees · 14 to 15
    Aug 2, 2023 to Mar 20, 2024
  • Discretionary RAUM · $569M to $902M
    Aug 2, 2023 to Mar 20, 2024
  • HNW RAUM · $498M to $806M
    Aug 2, 2023 to Mar 20, 2024
  • Individual RAUM · $84.6M to $98.2M
    Aug 2, 2023 to Mar 20, 2024
Signals
5 dated events
  • Penobscot Investment Management Company, Inc. reported RAUM $1.4B, up 33% from $1.0B (2024-10-08 to 2025-03-26)
    Mar 26, 2025 · RAUM change · derived
  • Penobscot Investment Management Company, Inc. reported RAUM $1.0B, up 51% from $693.2M (2023-08-02 to 2024-03-20)
    Mar 20, 2024 · RAUM change · derived
  • John Thomas Ligget left Penobscot Investment Management Company, Inc. for Corient (registered 2024-10-03)
    Jul 17, 2023 · Advisor changed firm · fact
  • Cooney Colleen Macpherson (Director) appeared on Schedule A of Penobscot Investment Management Company, Inc.
    Apr 12, 2023 · Control person joined · fact
  • Penobscot Investment Management Company, Inc. reported RAUM $559.8M, up 52% from $369.5M (2017-09-29 to 2018-03-21)
    Mar 21, 2018 · RAUM change · derived
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
Business email
info@pimboston.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
617-227-7467reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
617-227-3111reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/pimbostonreportedpublic record, Form ADV, Sep 17, 2026
Website
PIMBOSTON.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
617-227-3111reportedpublic record, Form ADV, May 18, 2026
Contact form
pimboston.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
pimboston.com/our-roots/our-peoplereportedpublished by the firm, firm site, Sep 15, 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
$204Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026