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

Dhk Financial Advisors Inc

Former SEC-registered adviserPortsmouth, New HampshireCRD 106126SEC 801-44524websiteIAPD
Latest filing Mar 17, 2025
First filing on the tape Jan 26, 2012 · 26 filings
SEC status approved since Aug 6, 1993
RAUM
$1.7B
reported, Item 5.F
Discretionary
83%
of RAUM
Private clients
7.4%
$124M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$1.7B as of Mar 17, 2025
Mar 27, 2012$873M then
HNW client RAUM$122M as of Mar 17, 2025
Mar 28, 2018$40.9M then
State-registered IARs (5.B.3)2 as of Mar 17, 2025
Mar 27, 20120 then
Employees (5.A)5 as of Mar 17, 2025
Mar 26, 20137 then
Private funds: no history
RAUM +11% over the last fiscal year+2.4% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 17, 2025; every figure names its basis
RAUM per advisor
$839MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
9derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$10.2MderivedHNW RAUM over HNW clients
Average account
$9.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
83%derivedof RAUM
Institutional
93%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.3%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 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
  • Charitable organizations$1.4B84%
  • Pension and profit-sharing plans$149M8.9%
  • High-net-worth individuals$122M7.3%
  • Individuals$1.9M0.1%
Individual clients
5reported
HNW clients
12reported
Pension plan clients
n/areported
Charitable clients
49reported
Accounts
187reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • William Timothy Dempsey · President, Director & Ccocontrol
    since 06/1993 · owns 75% or more
  • R Cynthia Freedman · Director Of Operationscontrol
    since 09/2019 · 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, Ma000
Portsmouth, Nh · principal000
Offices
Schedule D 1.F, the 25 largest
  • Boston, MA1 employees
What changed
consecutive filings, newest first
  • Accounts · 190 to 187
    Mar 21, 2024 to Mar 17, 2025
  • Charity clients · 45 to 49
    Mar 21, 2024 to Mar 17, 2025
  • HNW clients · 11 to 12
    Mar 21, 2024 to Mar 17, 2025
  • Financial planning clients · unset to
    Mar 21, 2024 to Mar 17, 2025
  • Discretionary RAUM · $687M to $1.4B
    Mar 21, 2024 to Mar 17, 2025
  • HNW RAUM · $107M to $122M
    Mar 21, 2024 to Mar 17, 2025
  • Individual RAUM · $1.5M to $1.9M
    Mar 21, 2024 to Mar 17, 2025
  • Non-discretionary RAUM · $827M to $289M
    Mar 21, 2024 to Mar 17, 2025
  • Pension RAUM · $137M to $149M
    Mar 21, 2024 to Mar 17, 2025
  • RAUM · $1.5B to $1.7B
    Mar 21, 2024 to Mar 17, 2025
  • Accounts · 177 to 190
    Nov 9, 2023 to Mar 21, 2024
  • Charity clients · 47 to 45
    Nov 9, 2023 to Mar 21, 2024
  • HNW clients · 8 to 11
    Nov 9, 2023 to Mar 21, 2024
  • Individual clients · unset to 5.0
    Nov 9, 2023 to Mar 21, 2024
  • Employees · 7 to 5
    Nov 9, 2023 to Mar 21, 2024
  • Discretionary RAUM · $658M to $687M
    Nov 9, 2023 to Mar 21, 2024
  • HNW RAUM · $81.9M to $107M
    Nov 9, 2023 to Mar 21, 2024
  • Individual RAUM · unset to 1494288.0
    Nov 9, 2023 to Mar 21, 2024
  • Non-discretionary RAUM · $647M to $827M
    Nov 9, 2023 to Mar 21, 2024
  • Pension RAUM · $132M to $137M
    Nov 9, 2023 to Mar 21, 2024
  • RAUM · $1.3B to $1.5B
    Nov 9, 2023 to Mar 21, 2024
  • Insurance-licensed employees · 1 to 0
    Apr 21, 2023 to Nov 9, 2023
  • Accounts · 197 to 177
    Dec 22, 2022 to Mar 20, 2023
  • Charity clients · 49 to 47
    Dec 22, 2022 to Mar 20, 2023
  • HNW clients · 15 to 8
    Dec 22, 2022 to Mar 20, 2023
  • Employees · 6 to 7
    Dec 22, 2022 to Mar 20, 2023
  • Insurance-licensed employees · 0 to 1
    Dec 22, 2022 to Mar 20, 2023
  • Discretionary RAUM · $1.3B to $658M
    Dec 22, 2022 to Mar 20, 2023
  • HNW RAUM · $213M to $81.9M
    Dec 22, 2022 to Mar 20, 2023
  • Individual RAUM · 1112634.0 to unset
    Dec 22, 2022 to Mar 20, 2023
  • Non-discretionary RAUM · $218M to $647M
    Dec 22, 2022 to Mar 20, 2023
  • Pension RAUM · $169M to $132M
    Dec 22, 2022 to Mar 20, 2023
  • RAUM · $1.6B to $1.3B
    Dec 22, 2022 to Mar 20, 2023
  • Accounts · 113 to 197
    Mar 26, 2021 to Mar 21, 2022
  • Charity clients · 50 to 49
    Mar 26, 2021 to Mar 21, 2022
  • HNW clients · 8 to 15
    Mar 26, 2021 to Mar 21, 2022
  • Individual clients · 6.0 to unset
    Mar 26, 2021 to Mar 21, 2022
  • Discretionary RAUM · $802M to $1.3B
    Mar 26, 2021 to Mar 21, 2022
  • HNW RAUM · $188M to $213M
    Mar 26, 2021 to Mar 21, 2022
  • Individual RAUM · $2.3M to $1.1M
    Mar 26, 2021 to Mar 21, 2022
Signals
6 dated events
  • Dhk Financial Advisors Inc no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $1.7B)
    Dec 20, 2025 · Left the SEC roster · derived
  • Timothy William Dempsey left Dhk Financial Advisors Inc for New England Private Wealth Advisors, Llc (registered 2025-09-03)
    Sep 4, 2025 · Advisor changed firm · fact
  • David L Henry left Dhk Financial Advisors Inc for The Patriot Financial Group, Llc (registered 2025-09-02)
    Sep 3, 2025 · Advisor changed firm · fact
  • Charles David Brown left Dhk Financial Advisors Inc for Integrated Advisors Network Llc (registered 2022-08-23)
    Aug 10, 2022 · Advisor changed firm · fact
  • Dhk Financial Advisors Inc reported RAUM $1.5B, up 26% from $1.2B (2020-06-29 to 2021-03-26)
    Mar 26, 2021 · RAUM change · derived
  • R Cynthia Freedman (Director Of Operations) appeared on Schedule A of Dhk Financial Advisors Inc
    Jun 29, 2020 · Control person joined · 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