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.

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SEC-registered adviser

B••••• I••••••••• M•••••••••

Independent wealth managerRiverside, ConnecticutCRD 106548SEC 801-1939websiteIAPD
Legal name B••••• B••••••• I•••
Latest filing Mar 11, 2026
First filing on the tape Mar 13, 2012 · 26 filings
SEC status approved since May 1, 1959
RAUM
$1.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$1.1B individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$233M
derived; firm RAUM over IAPD count
Employees
7
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$1.2B as of Mar 11, 2026
Mar 13, 2012$208M then
HNW client RAUM$1.1B as of Mar 11, 2026
Mar 26, 2018$411M then
State-registered IARs (5.B.3)5 as of Mar 11, 2026
Mar 18, 20131 then
Employees (5.A)7 as of Mar 11, 2026
Mar 18, 20136 then
Private funds: no history
RAUM +16% over the last fiscal year+20% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 11, 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
$233MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
85derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.7MderivedHNW RAUM over HNW clients
Average account
$1.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.2%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$163M, 51 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.1B90%
  • Individuals$66.2M5.7%
  • Charitable organizations$22.3M1.9%
  • Corporations and businesses$17.2M1.5%
  • Pension and profit-sharing plans$9.3M0.8%
Individual clients
203reported
HNW clients
222reported
Pension plan clients
9reported
Charitable clients
5reported
Accounts
1,057reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$163M for 51 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
W•••••• J••••• B•••••Greenwich, CtJul 15, 200237 y0
J••• C• B•••••Greenwich, CtApr 24, 200326 y0
D•••• L••• H•••Riverside, CtMar 25, 201936 y0
W•••••• J••••• B•••••Riverside, CtFeb 28, 202013 y1
J••••••• B••••••• S••••Greenwich, CtNov 24, 202526 y1
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••••• C••••• · Chief Compliance Officercontrol
    since 03/2026 · owns less than 5%
  • B•••••• W••••••• J••••• · President, Secty, Treascontrol
    since 01/1989 · owns 50% to 75%
  • B•••••• J•••• C• · Principal, Portfolio Manager
    since 03/2009 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Greenwich, Ct310
Riverside, Ct · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Mar 11, 2026
    B•••••• C••••• (CHIEF COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2012-03-13 and 2026-03-11
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Accounts · 1,032 to 1,057
    Dec 2, 2025 to Mar 11, 2026
  • Charity clients · 6 to 5
    Dec 2, 2025 to Mar 11, 2026
  • HNW clients · 206 to 222
    Dec 2, 2025 to Mar 11, 2026
  • Individual clients · 198 to 203
    Dec 2, 2025 to Mar 11, 2026
  • Pension plan clients · 17 to 9
    Dec 2, 2025 to Mar 11, 2026
  • Assets in custody · $23.3M to $163M
    Dec 2, 2025 to Mar 11, 2026
  • Discretionary RAUM · $1.0B to $1.2B
    Dec 2, 2025 to Mar 11, 2026
  • HNW RAUM · $891M to $1.1B
    Dec 2, 2025 to Mar 11, 2026
  • Individual RAUM · $68.7M to $66.2M
    Dec 2, 2025 to Mar 11, 2026
  • Pension RAUM · $10.9M to $9.3M
    Dec 2, 2025 to Mar 11, 2026
  • RAUM · $1.0B to $1.2B
    Dec 2, 2025 to Mar 11, 2026
  • Accounts · 985 to 1,032
    Apr 2, 2024 to Mar 24, 2025
  • Corporate clients · 6 to 7
    Apr 2, 2024 to Mar 24, 2025
  • HNW clients · 196 to 206
    Apr 2, 2024 to Mar 24, 2025
  • Individual clients · 192 to 198
    Apr 2, 2024 to Mar 24, 2025
  • Pension plan clients · 16 to 17
    Apr 2, 2024 to Mar 24, 2025
  • Assets in custody · $26.3M to $23.3M
    Apr 2, 2024 to Mar 24, 2025
  • Financial planning clients · 26-50 to 26-50
    Apr 2, 2024 to Mar 24, 2025
  • Discretionary RAUM · $915M to $1.0B
    Apr 2, 2024 to Mar 24, 2025
  • HNW RAUM · $797M to $891M
    Apr 2, 2024 to Mar 24, 2025
  • Individual RAUM · $69.5M to $68.7M
    Apr 2, 2024 to Mar 24, 2025
  • Pension RAUM · $16.4M to $10.9M
    Apr 2, 2024 to Mar 24, 2025
  • RAUM · $915M to $1.0B
    Apr 2, 2024 to Mar 24, 2025
  • Accounts · 932 to 985
    Mar 30, 2023 to Mar 29, 2024
  • Charity clients · 5 to 6
    Mar 30, 2023 to Mar 29, 2024
  • Corporate clients · 10 to 6
    Mar 30, 2023 to Mar 29, 2024
  • HNW clients · 85 to 196
    Mar 30, 2023 to Mar 29, 2024
  • Individual clients · 296 to 192
    Mar 30, 2023 to Mar 29, 2024
  • Pension plan clients · 18 to 16
    Mar 30, 2023 to Mar 29, 2024
  • Assets in custody · unset to 26286802.0
    Mar 30, 2023 to Mar 29, 2024
  • Custody of client assets · false to true
    Mar 30, 2023 to Mar 29, 2024
  • Financial planning clients · 11-25 to 26-50
    Mar 30, 2023 to Mar 29, 2024
  • Discretionary RAUM · $673M to $915M
    Mar 30, 2023 to Mar 29, 2024
  • HNW RAUM · $411M to $797M
    Mar 30, 2023 to Mar 29, 2024
  • Individual RAUM · $220M to $69.5M
    Mar 30, 2023 to Mar 29, 2024
  • Pension RAUM · $11.1M to $16.4M
    Mar 30, 2023 to Mar 29, 2024
  • RAUM · $673M to $915M
    Mar 30, 2023 to Mar 29, 2024
  • Accounts · 396 to 932
    Mar 24, 2022 to Mar 30, 2023
  • Charity clients · 4 to 5
    Mar 24, 2022 to Mar 30, 2023
  • Corporate clients · 12 to 10
    Mar 24, 2022 to Mar 30, 2023
Signals
2 dated events
  • B••••• I••••••••• M••••••••• reported RAUM $915.1M, up 36% from $673.5M (2023-03-30 to 2024-03-29)
    Mar 29, 2024 · RAUM change · derived
  • B••••• I••••••••• M••••••••• reported RAUM $671.0M, up 36% from $495.1M (2019-03-28 to 2020-03-30)
    Mar 30, 2020 · 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@baxterinvestment.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
203-637-4559reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/baxter-investment-managementreportedpublic record, Form ADV, Sep 18, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
203-637-4559reportedpublic record, Form ADV, Mar 11, 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
$233Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026