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

Cambridge Associates Limited, LLC

Independent wealth managerBoston, MassachusettsCRD 106003SEC 801-45277websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 53 filings
SEC status approved since Jan 21, 1994
RAUM
$8.2B
reported, Item 5.F
Discretionary
9.7%
of RAUM
Private clients
52%
$4.3B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
15
14 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$8.2B as of Mar 31, 2026
Apr 1, 2013$275M then
HNW client RAUM$4.3B as of Mar 31, 2026
Apr 3, 2018$130M then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)15 as of Mar 31, 2026
Apr 1, 20137 then
Private funds: no history
RAUM +42% over the last fiscal year+16% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$213MderivedHNW RAUM over HNW clients
Average account
$256MderivedRAUM over accounts (5.F.2.f)
Discretionary
9.7%derivedof RAUM
Institutional
48%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+42%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$4.3B52%
  • Charitable organizations$3.9B48%
Individual clients
n/areported
HNW clients
20reported
Pension plan clients
n/areported
Charitable clients
12reported
Accounts
32reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.52 fund_share=0.0 institutional_share=0.48 related_bd=false related_bank=true bd_reps=0.0 bank_owner=falsederived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • J Pamela Boone · Chief Financial Officer And Managercontrol
        since 03/2024 · owns less than 5%
      • Schutte Samantha Davidson · President And Managercontrol
        since 03/2024 · owns less than 5%
      • Michael Scott Zoltowski · Chief Legal Officer And Managercontrol
        since 03/2024 · owns less than 5%
      • Ryan David Druley · Ceo
        since 07/2016 · owns less than 5%
      • F Sean Hanna · Chief Compliance Officer
        since 08/2015 · owns less than 5%
      • Dmitri Shadrin · Chief Operating Officer
        since 03/2024 · owns less than 5%
      Entity owners
      • Cambridge Associates, LLC · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • Cambridge Associates Asia Pte Ltd
        investment adviserLP sponsorn
      • Cambridge Associates Gmbh
        investment adviserLP sponsory
      • Cambridge Associates Hong Kong Private Limited
        investment adviserLP sponsory
      • Cambridge Associates Investment Consultancy (Beijing) Ltd
        investment advisern
      • Cambridge Associates Limited
        investment adviserLP sponsorn
      • Cambridge Associates, LLC
        investment adviserbankpooled vehicle sponsorLP sponsornRAUM $327B
      • Siglo Capital Advisors Ag
        investment adviserLP sponsory
      Advisers that list Cambridge Associates Limited, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Sydney, Australia3 employees
      What changed
      consecutive filings, newest first
      • Accounts · 28 to 32
        Jul 25, 2025 to Mar 31, 2026
      • Advisory employees · 13 to 14
        Jul 25, 2025 to Mar 31, 2026
      • HNW clients · 16 to 20
        Jul 25, 2025 to Mar 31, 2026
      • Employees · 14 to 15
        Jul 25, 2025 to Mar 31, 2026
      • Discretionary RAUM · $397M to $799M
        Jul 25, 2025 to Mar 31, 2026
      • HNW RAUM · $2.3B to $4.3B
        Jul 25, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $5.4B to $7.4B
        Jul 25, 2025 to Mar 31, 2026
      • RAUM · $5.8B to $8.2B
        Jul 25, 2025 to Mar 31, 2026
      • Financial planning clients · 11-25 to 11-25
        Apr 2, 2025 to Jul 25, 2025
      • Accounts · 23 to 28
        Dec 11, 2024 to Apr 2, 2025
      • Charity clients · 11 to 12
        Dec 11, 2024 to Apr 2, 2025
      • HNW clients · 12 to 16
        Dec 11, 2024 to Apr 2, 2025
      • Employees · 15 to 14
        Dec 11, 2024 to Apr 2, 2025
      • Discretionary RAUM · $307M to $397M
        Dec 11, 2024 to Apr 2, 2025
      • HNW RAUM · $1.9B to $2.3B
        Dec 11, 2024 to Apr 2, 2025
      • Non-discretionary RAUM · $4.9B to $5.4B
        Dec 11, 2024 to Apr 2, 2025
      • RAUM · $5.3B to $5.8B
        Dec 11, 2024 to Apr 2, 2025
      • Advisory employees · 14 to 13
        Jan 29, 2024 to Mar 28, 2024
      • Charity clients · 13 to 11
        Jan 29, 2024 to Mar 28, 2024
      • HNW clients · 10 to 12
        Jan 29, 2024 to Mar 28, 2024
      • Discretionary RAUM · $433M to $307M
        Jan 29, 2024 to Mar 28, 2024
      • HNW RAUM · $2.0B to $1.9B
        Jan 29, 2024 to Mar 28, 2024
      • Non-discretionary RAUM · $4.8B to $4.9B
        Jan 29, 2024 to Mar 28, 2024
      • RAUM · $5.3B to $5.3B
        Jan 29, 2024 to Mar 28, 2024
      • Accounts · 24 to 23
        Oct 31, 2022 to Apr 3, 2023
      • Advisory employees · 13 to 14
        Oct 31, 2022 to Apr 3, 2023
      • Business name · CAMBRIDGE ASSOCIATES LTD LLC to CAMBRIDGE ASSOCIATES LIMITED, LLC
        Oct 31, 2022 to Apr 3, 2023
      • Charity clients · 12 to 13
        Oct 31, 2022 to Apr 3, 2023
      • HNW clients · 12 to 10
        Oct 31, 2022 to Apr 3, 2023
      • Employees · 14 to 15
        Oct 31, 2022 to Apr 3, 2023
      • Legal name · CAMBRIDGE ASSOCIATES LTD LLC to CAMBRIDGE ASSOCIATES LIMITED, LLC
        Oct 31, 2022 to Apr 3, 2023
      • Discretionary RAUM · $508M to $433M
        Oct 31, 2022 to Apr 3, 2023
      • HNW RAUM · $2.4B to $2.0B
        Oct 31, 2022 to Apr 3, 2023
      • Non-discretionary RAUM · $5.4B to $4.8B
        Oct 31, 2022 to Apr 3, 2023
      • RAUM · $5.9B to $5.3B
        Oct 31, 2022 to Apr 3, 2023
      • Accounts · 20 to 24
        Apr 28, 2022 to May 19, 2022
      • HNW clients · 8 to 12
        Apr 28, 2022 to May 19, 2022
      • Discretionary RAUM · $0 to $508M
        Apr 28, 2022 to May 19, 2022
      • HNW RAUM · $990M to $2.4B
        Apr 28, 2022 to May 19, 2022
      • Non-discretionary RAUM · $4.5B to $5.4B
        Apr 28, 2022 to May 19, 2022
      Signals
      9 dated events
      • Cambridge Associates Limited, Llc reported RAUM $8.2B, up 42% from $5.8B (2025-07-25 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Michael Scott Zoltowski (Chief Legal Officer And Manager) appeared on Schedule A of Cambridge Associates Limited, Llc
        Mar 28, 2024 · Control person joined · fact
      • Schutte Samantha Davidson (President And Manager) appeared on Schedule A of Cambridge Associates Limited, Llc
        Mar 28, 2024 · Control person joined · fact
      • J Pamela Boone (Chief Financial Officer And Manager) appeared on Schedule A of Cambridge Associates Limited, Llc
        Mar 28, 2024 · Control person joined · fact
      • Nathan James Bailey (Manager) no longer on Schedule A of Cambridge Associates Limited, Llc (listed 2024-01-29, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Cambridge Associates Limited, Llc reported RAUM $5.9B, up 30% from $4.5B (2022-04-28 to 2022-05-19)
        May 19, 2022 · RAUM change · derived
      • Cambridge Associates Limited, Llc reported RAUM $3.3B, up 41% from $2.4B (2019-03-30 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Cambridge Associates Limited, Llc reported RAUM $2.4B, up 40% from $1.7B (2018-09-04 to 2019-03-30)
        Mar 30, 2019 · RAUM change · derived
      • Cambridge Associates Limited, Llc reported RAUM $1.7B, up 1501% from $106.2M (2017-03-31 to 2018-04-03)
        Apr 3, 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
      Website
      CAMBRIDGEASSOCIATES.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (617) 457-7500reportedpublic record, Form ADV, Mar 31, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026