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

Anchor Capital Advisors LLC

Wealth manager with institutional or fund businessBoston, MassachusettsCRD 105540SEC 801-18930websiteIAPD
Latest filing Mar 16, 2026
First filing on the tape Mar 28, 2012 · 40 filings
SEC status approved since May 12, 1983
RAUM
$2.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
48%
$1.1B individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
$140M
derived; firm RAUM over IAPD count
Employees
42
15 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$2.4B as of Mar 16, 2026
Mar 28, 2012$5.3B then
HNW client RAUM$1.0B as of Mar 16, 2026
Mar 23, 2018$966M then
State-registered IARs (5.B.3)19 as of Mar 16, 2026
Mar 27, 20139 then
Employees (5.A)42 as of Mar 16, 2026
Mar 27, 201343 then
Private funds: no history
RAUM -2.5% over the last fiscal year-4.0% a year over threeIARs 18 to 19offices 4 to 3
Practice profile
derived from the filing of Mar 16, 2026; every figure names its basis
Archetypes, each a printed rule
  • PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
RAUM per advisor
$140MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
28derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$901,908derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
22%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
4.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
-2.5%derivedbetween the last two annual amendments
Advisor growth, one year
+5.6%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$62.2M, 6 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
  • 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)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.0B61%
  • Charitable organizations$200M12%
  • Pension and profit-sharing plans$176M10%
  • State and municipal entities$144M8.6%
  • Individuals$122M7.3%
  • Corporations and businesses$18.5M1.1%
Individual clients
175reported
HNW clients
299reported
Pension plan clients
15reported
Charitable clients
14reported
Accounts
2,632reported
Financial planning clients
51-100reported
Wrap fee programs
$0 sponsored, $697M managedreported
Custody of client assets
$62.2M for 6 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.48 fund_share=0.0 institutional_share=0.22 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
17 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
William Phipps RiceBoston, MaApr 14, 199435 y1
William James HickeyBoston, MaJan 1, 199734 y0
Michael Kevin SerchenCertified Financial PlannerBoston, MaDec 22, 199943 y0
Daniel A DoucetteBoston, MaSep 29, 200623 y0
Stephen John CavagnaroBoston, MaJan 22, 201515 y1
George Norman WhitmoreBoston, MaJan 22, 201532 y2
Andrew P St MartinChartered Financial AnalystBoston, MaJan 26, 201520 y0
William Phipps RiceBoston, MaMay 20, 201525 y0
David James WatsonBoston, MaJun 24, 201525 y0
Alison Marie GoodrichCertified Financial PlannerBoston, MaMay 13, 201913 y0
Daniel Paul CarrBoston, MaSep 16, 202114 y0
Christopher Hayden O'NeillBoston, MaDec 1, 202114 y1
Patrick Alexander FischoederBoston, MaMar 6, 202416 y2
Tigran NavasardianChartered Financial AnalystBoston, MaMar 21, 202411 y0
Daniel Patrick CroninBoston, MaMay 9, 202436 y1
Stephanie MoroneyBoston, MaMay 4, 202611 y0
Alexander Church WaescheChartered Financial AnalystBoston, MaAug 3, 202612 y0
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 12% of current headcount4 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Phipps William Rice · Executive Chairmancontrol
    since 04/2018 · owns less than 5%
  • William Seth Brennan · Membercontrol
    since 12/2017 · owns 50% to 75% of Lpc Aca Gp LLC
  • Harfield Anthony Leness · Membercontrol
    since 12/2017 · owns 50% to 75% of Lpc Aca Gp LLC
  • Marie Diane Debono Schafer · Secretary, Chief Compliance Officer
    since 11/2012 · owns less than 5%
  • Francis Kyle Gorman · Chief Financial Officer
    since 01/2019 · owns less than 5%
  • Kristen Mcgovern · Chief Compliance Officer, Chief Operating Officer
    since 01/2026 · owns less than 5%
  • Phipps William Rice · Chief Executive Officer, Director
    since 04/2018 · owns less than 5%
Entity owners
  • Anchor Capital Advisors, Manager LLC · General Partner
    indirect · owns F of Anchor Capital Holdings LP
  • Lpc Aca Gp LLC · General Partner
    indirect · owns F of Lpc Aca LP
  • Silicon Valley Bank · Manager, Member
    indirect · owns 75% or more of Bpfh Aca Holdings LLC · public reporting company
  • Anchor Capital Holdings LP · Member Director
    direct · owns 50% to 75%
  • Bpfh Aca Holdings LLC · Member
    direct · owns 5% to 10%
  • Lpc Aca LP · Member
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
  • Lincoln Peak Capital
    investment advisern
Advisers that list Anchor Capital Advisors LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Boston, Ma · principal1722
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Mar 16, 2026
    BRENNAN, SETH, WILLIAM (MEMBER) left Schedule A between the filings of 2023-03-10 and 2026-03-16
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Mar 16, 2026
    LENESS, ANTHONY, HARFIELD (MEMBER) left Schedule A between the filings of 2023-03-10 and 2026-03-16
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 3,840 to 2,632
    Mar 19, 2025 to Mar 16, 2026
  • Advisory employees · 13 to 15
    Mar 19, 2025 to Mar 16, 2026
  • Charity clients · 17 to 14
    Mar 19, 2025 to Mar 16, 2026
  • Corporate clients · 7 to 9
    Mar 19, 2025 to Mar 16, 2026
  • HNW clients · 301 to 299
    Mar 19, 2025 to Mar 16, 2026
  • Individual clients · 184 to 175
    Mar 19, 2025 to Mar 16, 2026
  • Pension plan clients · 22 to 15
    Mar 19, 2025 to Mar 16, 2026
  • Assets in custody · $53.5M to $62.2M
    Mar 19, 2025 to Mar 16, 2026
  • Employees · 45 to 42
    Mar 19, 2025 to Mar 16, 2026
  • State-registered IARs · 18 to 19
    Mar 19, 2025 to Mar 16, 2026
  • Other offices · 4 to 3
    Mar 19, 2025 to Mar 16, 2026
  • Discretionary RAUM · $2.4B to $2.4B
    Mar 19, 2025 to Mar 16, 2026
  • HNW RAUM · $997M to $1.0B
    Mar 19, 2025 to Mar 16, 2026
  • Individual RAUM · $118M to $122M
    Mar 19, 2025 to Mar 16, 2026
  • Pension RAUM · $195M to $176M
    Mar 19, 2025 to Mar 16, 2026
  • RAUM · $2.4B to $2.4B
    Mar 19, 2025 to Mar 16, 2026
  • Wrap assets (manager) · $782M to $697M
    Mar 19, 2025 to Mar 16, 2026
  • Accounts · 3,183 to 3,840
    Oct 17, 2024 to Mar 19, 2025
  • Advisory employees · 12 to 13
    Oct 17, 2024 to Mar 19, 2025
  • Charity clients · 21 to 17
    Oct 17, 2024 to Mar 19, 2025
  • Corporate clients · 10 to 7
    Oct 17, 2024 to Mar 19, 2025
  • HNW clients · 298 to 301
    Oct 17, 2024 to Mar 19, 2025
  • Individual clients · 189 to 184
    Oct 17, 2024 to Mar 19, 2025
  • Pension plan clients · 25 to 22
    Oct 17, 2024 to Mar 19, 2025
  • Pooled vehicle clients · 0.0 to unset
    Oct 17, 2024 to Mar 19, 2025
  • Assets in custody · $49.9M to $53.5M
    Oct 17, 2024 to Mar 19, 2025
  • Employees · 46 to 45
    Oct 17, 2024 to Mar 19, 2025
  • Financial planning clients · 51-100 to 51-100
    Oct 17, 2024 to Mar 19, 2025
  • State-registered IARs · 15 to 18
    Oct 17, 2024 to Mar 19, 2025
  • Discretionary RAUM · $2.6B to $2.4B
    Oct 17, 2024 to Mar 19, 2025
  • HNW RAUM · $1.0B to $997M
    Oct 17, 2024 to Mar 19, 2025
  • Individual RAUM · $116M to $118M
    Oct 17, 2024 to Mar 19, 2025
  • Pension RAUM · $210M to $195M
    Oct 17, 2024 to Mar 19, 2025
  • Pooled vehicle RAUM · 0.0 to unset
    Oct 17, 2024 to Mar 19, 2025
  • RAUM · $2.6B to $2.4B
    Oct 17, 2024 to Mar 19, 2025
  • Wrap assets (manager) · $883M to $782M
    Oct 17, 2024 to Mar 19, 2025
  • Advisory employees · 14 to 12
    Mar 27, 2024 to Oct 17, 2024
  • State-registered IARs · 17 to 15
    Mar 27, 2024 to Oct 17, 2024
  • Accounts · 3,647 to 3,183
    Mar 10, 2023 to Mar 27, 2024
  • Advisory employees · 13 to 14
    Mar 10, 2023 to Mar 27, 2024
Signals
8 dated events
  • John Edward Levangie left Anchor Capital Advisors Llc for Darrow Wealth Management (registered 2026-07-15)
    Jun 26, 2026 · Advisor changed firm · fact
  • Jack Raymond Kulpa left Anchor Capital Advisors Llc for Sage Advisory Services Ltd Co (registered 2025-10-07)
    Sep 30, 2025 · Advisor changed firm · fact
  • Jennifer Kristine Desisto left Anchor Capital Advisors Llc for Cw Advisors, Llc (registered 2024-10-03)
    Oct 7, 2024 · Advisor changed firm · fact
  • Cameron Reza Rahbar left Anchor Capital Advisors Llc for Howland Capital Management Llc (registered 2024-11-12)
    Aug 13, 2024 · Advisor changed firm · fact
  • Anchor Capital Advisors Llc reported 5 offices beyond its principal office, up from 0 (2022-03-15 to 2023-03-10)
    Mar 10, 2023 · Office count change · derived
  • David Mark Bergen (President, Chief Financial Officer & Chief Operating Officer) no longer on Schedule A of Anchor Capital Advisors Llc (listed 2019-03-05, absent 2019-05-30)
    May 30, 2019 · Control person left · inference
  • Anchor Capital Advisors Llc reported RAUM $3.4B, down 61% from $8.8B (2017-03-09 to 2018-03-23)
    Mar 23, 2018 · RAUM change · derived
  • Anchor Capital Advisors Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Mar 27, 2013 · 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.
How to reach
public business contact points only, each with its source
Business phone
617-338-3800reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
617-426-6871reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/anchor-capital-advisors/posts/?feedViewreportedpublic record, Form ADV, Sep 17, 2026
Website
ANCHORCAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
617-338-3800reportedpublic record, Form ADV, Mar 16, 2026
Contact form
anchorcapital.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
anchorcapital.com/leadership-teamreportedpublished 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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$140Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026