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.

Former SEC-registered adviser

Gw & Wade, LLC

Former SEC-registered adviserWellesley, MassachusettsCRD 105394SEC 801-27292IAPD
Latest filing Feb 8, 2024
First filing on the tape Mar 30, 2012 · 61 filings
RAUM
$8.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$8.7B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
87
41 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
61 filings and snapshots on the tape
RAUM$8.9B as of Mar 31, 2023
Mar 30, 2012$3.6B then
HNW client RAUM$8.2B as of Mar 31, 2023
Mar 29, 2018$5.8B then
State-registered IARs (5.B.3)31 as of Mar 31, 2023
Apr 1, 201313 then
Employees (5.A)87 as of Mar 31, 2023
Apr 1, 201359 then
Private funds: no history
RAUM -14% over the last fiscal year+9.9% a year over threeIARs 32 to 31
Practice profile
derived from the filing of Feb 8, 2024; every figure names its basis
RAUM per advisor
$287MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
107derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.0MderivedHNW RAUM over HNW clients
Average account
$750,588derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.8derivedItem 5.A over advisors
Advisors per office
5.2derived6 offices incl. principal (1.F.5)
RAUM growth, one year
-14%derivedbetween the last two annual amendments
Advisor growth, one year
-3.1%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.3%derived
Compensation
percentage of assets, fixed fees, commissions, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, publications, educational seminars, otherreportedItem 5.G
Financial planning clients
2,000reportedItem 5.H
Custody
$4.8B, 1,566 clientsreportedItem 9.A
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • controlled by a public reporting company (10.A)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$8.2B92%
  • Individuals$574M6.5%
  • Pension and profit-sharing plans$56.8M0.6%
  • Charitable organizations$42.9M0.5%
  • State and municipal entities$39.8M0.4%
  • Corporations and businesses$15.0M0.2%
Individual clients
1,694reported
HNW clients
1,632reported
Pension plan clients
14reported
Charitable clients
19reported
Accounts
11,861reported
Financial planning clients
2,000reported
Wrap fee programs
noreported
Custody of client assets
$4.8B for 1,566 clientsreported
Compensation
% of AUM, fixed, commissionsreported
Class basis
absent from the latest SEC rosterderived
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
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Francis Robert Bodio · Management Committee Membercontrol
      since 12/2013 · owns less than 5%
    • James Robert Emens · Management Committee Membercontrol
      since 12/2013 · owns less than 5%
    • Schirmer Heather Mahoney · General Counsel And Management Committee Member (2020)control
      since 11/2018 · owns less than 5%
    • Timothy Pinch · Management Committee Co-Headcontrol
      since 09/2007 · owns less than 5%
    • Herd Eric Rosenberg · Management Committee Membercontrol
      since 12/2013 · owns less than 5%
    • William Roger Wade · Management Committee Co-Headcontrol
      since 09/2007 · owns less than 5%
    • George Matthew Valentine · Chief Compliance Officer And Associate General Counsel
      since 12/2018 · owns less than 5%
    Entity owners
    • Focus Operating, LLC · Member (Manager)
      direct · owns 75% or more
    • Cd&R Ferdinand Co-Investor, L.P. · Partner
      indirect · owns 25% to 50% of Cd&R Ferdinand Holdings, L.P.
    • Cd&R Ferdinand Holdings, L.P. · Partner
      indirect · owns 50% to 75% of Ferdinand Ffp Ultimate Holdings, LP
    • Clayton, Dubilier & Rice Fund Xii, L.P. · Partner
      indirect · owns 50% to 75% of Cd&R Ferdinand Holdings, L.P.
    • Ferdinand Ffp Acquisition, LLC · Shareholder, Class A Common Stock
      indirect · owns 75% or more of Focus Financial Partners Inc.
    • Ferdinand Ffp Intermediate Holdings, LLC · Member
      indirect · owns 75% or more of Ferdinand Ffp Acquisition, LLC
    • Ferdinand Ffp Parent, Inc. · Member
      indirect · owns 75% or more of Ferdinand Ffp Intermediate Holdings, LLC
    • Ferdinand Ffp Ultimate Holdings, LP · Shareholder
      indirect · owns 75% or more of Ferdinand Ffp Parent, Inc.
    • Ferdinand Ffp Ultimate Holdings, LP · Shareholder, Class B Common Stock
      indirect · owns 75% or more of Focus Financial Partners Inc.
    • Focus Financial Partners Inc. · Managing Member
      indirect · owns 75% or more of Focus Financial Partners, LLC
    • Focus Financial Partners, LLC · Member
      indirect · owns 75% or more of Focus Operating, LLC
    Related persons
    Schedule D 7.A
    Advisers that list Gw & Wade, LLC as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Wellesley, Ma · principal000
    Offices
    Schedule D 1.F, the 25 largest
    • Palo Alto, CA6 employees
    • Needham, MA5 employees
    • Norwell, MA2 employees
    • Reston, VA1 employees
    • Sarasota, FL1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 11,346 to 11,861
      Nov 7, 2022 to Mar 31, 2023
    • Advisory employees · 42 to 41
      Nov 7, 2022 to Mar 31, 2023
    • BD registered reps · 33 to 31
      Nov 7, 2022 to Mar 31, 2023
    • Charity clients · 16 to 19
      Nov 7, 2022 to Mar 31, 2023
    • Corporate clients · 13 to 10
      Nov 7, 2022 to Mar 31, 2023
    • HNW clients · 1,721 to 1,632
      Nov 7, 2022 to Mar 31, 2023
    • Individual clients · 1,499 to 1,694
      Nov 7, 2022 to Mar 31, 2023
    • Pension plan clients · 17 to 14
      Nov 7, 2022 to Mar 31, 2023
    • Pooled vehicle clients · unset to 0.0
      Nov 7, 2022 to Mar 31, 2023
    • Assets in custody · $6.7B to $4.8B
      Nov 7, 2022 to Mar 31, 2023
    • Employees · 81 to 87
      Nov 7, 2022 to Mar 31, 2023
    • State-registered IARs · 32 to 31
      Nov 7, 2022 to Mar 31, 2023
    • Discretionary RAUM · $10B to $8.9B
      Nov 7, 2022 to Mar 31, 2023
    • HNW RAUM · $9.7B to $8.2B
      Nov 7, 2022 to Mar 31, 2023
    • Individual RAUM · $516M to $574M
      Nov 7, 2022 to Mar 31, 2023
    • Non-discretionary RAUM · $23.4M to $10.8M
      Nov 7, 2022 to Mar 31, 2023
    • Pension RAUM · $74.1M to $56.8M
      Nov 7, 2022 to Mar 31, 2023
    • RAUM · $10B to $8.9B
      Nov 7, 2022 to Mar 31, 2023
    • Accounts · 9,872 to 11,346
      Feb 18, 2022 to Mar 31, 2022
    • Advisory employees · 39 to 42
      Feb 18, 2022 to Mar 31, 2022
    • BD registered reps · 35 to 33
      Feb 18, 2022 to Mar 31, 2022
    • Charity clients · 14 to 16
      Feb 18, 2022 to Mar 31, 2022
    • Corporate clients · 11 to 13
      Feb 18, 2022 to Mar 31, 2022
    • HNW clients · 1,458 to 1,721
      Feb 18, 2022 to Mar 31, 2022
    • Individual clients · 1,453 to 1,499
      Feb 18, 2022 to Mar 31, 2022
    • Pension plan clients · 9 to 17
      Feb 18, 2022 to Mar 31, 2022
    • Assets in custody · $4.4B to $6.7B
      Feb 18, 2022 to Mar 31, 2022
    • Employees · 74 to 81
      Feb 18, 2022 to Mar 31, 2022
    • State-registered IARs · 34 to 32
      Feb 18, 2022 to Mar 31, 2022
    • Other offices · 4 to 5
      Feb 18, 2022 to Mar 31, 2022
    • Discretionary RAUM · $8.3B to $10B
      Feb 18, 2022 to Mar 31, 2022
    • HNW RAUM · $7.6B to $9.7B
      Feb 18, 2022 to Mar 31, 2022
    • Individual RAUM · $494M to $516M
      Feb 18, 2022 to Mar 31, 2022
    • Non-discretionary RAUM · $9.4M to $23.4M
      Feb 18, 2022 to Mar 31, 2022
    • Pension RAUM · $35.6M to $74.1M
      Feb 18, 2022 to Mar 31, 2022
    • RAUM · $8.3B to $10B
      Feb 18, 2022 to Mar 31, 2022
    • Accounts · 8,280 to 9,872
      Jan 14, 2021 to Mar 31, 2021
    • Advisory employees · 32 to 39
      Jan 14, 2021 to Mar 31, 2021
    • Advisory activities · 6 to 7
      Jan 14, 2021 to Mar 31, 2021
    • BD registered reps · 31 to 35
      Jan 14, 2021 to Mar 31, 2021
    Signals
    10 dated events
    • Gerald A. Polcari left Gw & Wade, Llc for Fidelity Personal And Workplace Advisors (registered 2024-01-09)
      Oct 11, 2023 · Advisor changed firm · fact
    • Gw & Wade, Llc reported RAUM $10.4B, up 25% from $8.3B (2022-02-18 to 2022-03-31)
      Mar 31, 2022 · RAUM change · derived
    • Joseph Gauvin left Gw & Wade, Llc for Sandy Cove Advisors, Llc (registered 2022-01-25)
      Jan 19, 2022 · Advisor changed firm · fact
    • Jeffrey Abraham Beshansky left Gw & Wade, Llc for Cibc Private Wealth Advisors, Inc. (registered 2022-06-28)
      Jan 19, 2022 · Advisor changed firm · fact
    • Anthony Gerald Polcari (Principal/Counselor) no longer on Schedule A of Gw & Wade, Llc (listed 2018-12-21, absent 2019-03-29)
      Mar 29, 2019 · Control person left · inference
    • Michael Darren Norton (Principal/Counselor) no longer on Schedule A of Gw & Wade, Llc (listed 2018-12-21, absent 2019-03-29)
      Mar 29, 2019 · Control person left · inference
    • Lawrence David Brodsky (Principal/Counselor) no longer on Schedule A of Gw & Wade, Llc (listed 2018-12-21, absent 2019-03-29)
      Mar 29, 2019 · Control person left · inference
    • Stephen John Murray (Principal/Counselor) no longer on Schedule A of Gw & Wade, Llc (listed 2018-12-21, absent 2019-03-29)
      Mar 29, 2019 · Control person left · inference
    • Edward Gene Sinclair (Principal) no longer on Schedule A of Gw & Wade, Llc (listed 2018-12-21, absent 2019-03-29)
      Mar 29, 2019 · Control person left · inference
    • Gw & Wade, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Jul 21, 2014 · Succession (Item 4) · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered adviserderiveda 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