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
Newman Dignan & Sheerar, Inc
Latest filing May 6, 2026
First filing on the tape Dec 2, 2011 · 35 filings
SEC status approved since May 7, 1992
RAUM
$731M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
93%
$682M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$122M
derived; firm RAUM over IAPD count
Employees
9
6 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$731M as of May 6, 2026
Mar 30, 2012$318M then
HNW client RAUM$617M as of May 6, 2026
Mar 29, 2018$281M then
State-registered IARs (5.B.3)7 as of May 6, 2026
Mar 30, 20120 then
Employees (5.A)9 as of May 6, 2026
Mar 22, 20137 then
Private funds: no history
RAUM +9.3% over the last fiscal year+11% a year over threeIARs 6 to 7
Practice profile
derived from the filing of May 6, 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
- $122MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 86derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $618,675derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 6.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.3%derivedbetween the last two annual amendments
- Advisor growth, one year
- +17%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +17%derived
- Compensation
- percentage of assets, hourly, fixed fees, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, otherreportedItem 5.G
- Custody
- $270M, 137 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)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$617M84%
- Individuals$65.1M8.9%
- Charitable organizations$36.9M5.0%
- Pension and profit-sharing plans$10.5M1.4%
- Corporations and businesses$1.7M0.2%
- Individual clients
- 269reported
- HNW clients
- 249reported
- Pension plan clients
- 4reported
- Charitable clients
- 8reported
- Accounts
- 1,182reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- $270M for 137 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.93 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| John Paul Sheerar | Charlestown, Ri | Jan 1, 1998 | 29 y | 0 |
| William NewmanCertified Financial Planner | Providence, Ri | Jan 1, 1998 | 34 y | 0 |
| Edward David Buxton | Swanesa, Ma | Feb 24, 2003 | 26 y | 1 |
| Richard Edward CavanaghCertified Financial Planner, Chartered Financial Consultant | Providence, Ri | Feb 14, 2022 | 40 y | 2 |
| Erik S ManchesterCertified Financial Planner | Providence, Ri | Nov 7, 2022 | 15 y | 1 |
| Robert Parker Moffett | Providence, Ri | May 5, 2025 | 20 y | 2 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Robert Parker Moffett from Olive Ridley Private Client Services LLCMay 5, 2025 · Other
- Erik S Manchester from Morgan StanleyNov 7, 2022 · Wirehouse to independent RIA
- Richard Edward Cavanagh from Whalerock Point Partners, LLCFeb 14, 2022 · Other
- Edward David Buxton from Fleet Investment Advisors Inc.Feb 24, 2003 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Edward Richard Cavanagh · Chief Compliance Officercontrolsince 02/2023 · owns less than 5%
- William Newman · President And Principalcontrolsince 03/1992 · owns 50% to 75%
- Paul John Sheerar · Vice President And Principalcontrolsince 03/1997 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Providence, Ri · principal | 6 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
What changed
consecutive filings, newest first
- Accounts · 1,081 to 1,182Mar 21, 2025 to Mar 31, 2026
- Advisory employees · 5 to 6Mar 21, 2025 to Mar 31, 2026
- Charity clients · 10 to 8Mar 21, 2025 to Mar 31, 2026
- Corporate clients · 11 to 6Mar 21, 2025 to Mar 31, 2026
- HNW clients · 228 to 249Mar 21, 2025 to Mar 31, 2026
- Individual clients · 216 to 269Mar 21, 2025 to Mar 31, 2026
- Pension plan clients · 6 to 4Mar 21, 2025 to Mar 31, 2026
- Assets in custody · $476M to $270MMar 21, 2025 to Mar 31, 2026
- Employees · 8 to 9Mar 21, 2025 to Mar 31, 2026
- State-registered IARs · 6 to 7Mar 21, 2025 to Mar 31, 2026
- Discretionary RAUM · $646M to $720MMar 21, 2025 to Mar 31, 2026
- HNW RAUM · $564M to $617MMar 21, 2025 to Mar 31, 2026
- Individual RAUM · $47.7M to $65.1MMar 21, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $22.9M to $10.9MMar 21, 2025 to Mar 31, 2026
- Pension RAUM · $17.8M to $10.5MMar 21, 2025 to Mar 31, 2026
- RAUM · $669M to $731MMar 21, 2025 to Mar 31, 2026
- Accounts · 1,042 to 1,081Dec 13, 2024 to Mar 21, 2025
- Charity clients · 14 to 10Dec 13, 2024 to Mar 21, 2025
- Corporate clients · 5 to 11Dec 13, 2024 to Mar 21, 2025
- HNW clients · 167 to 228Dec 13, 2024 to Mar 21, 2025
- Individual clients · 253 to 216Dec 13, 2024 to Mar 21, 2025
- Pension plan clients · 9 to 6Dec 13, 2024 to Mar 21, 2025
- Assets in custody · $393M to $476MDec 13, 2024 to Mar 21, 2025
- Financial planning clients · 0 to 11-25Dec 13, 2024 to Mar 21, 2025
- Discretionary RAUM · $589M to $646MDec 13, 2024 to Mar 21, 2025
- HNW RAUM · $471M to $564MDec 13, 2024 to Mar 21, 2025
- Individual RAUM · $75.6M to $47.7MDec 13, 2024 to Mar 21, 2025
- Non-discretionary RAUM · $24.4M to $22.9MDec 13, 2024 to Mar 21, 2025
- Pension RAUM · $22.8M to $17.8MDec 13, 2024 to Mar 21, 2025
- RAUM · $613M to $669MDec 13, 2024 to Mar 21, 2025
- Accounts · 1,087 to 1,042Nov 13, 2023 to Mar 25, 2024
- Charity clients · 13 to 14Nov 13, 2023 to Mar 25, 2024
- Corporate clients · 4 to 5Nov 13, 2023 to Mar 25, 2024
- HNW clients · 103 to 167Nov 13, 2023 to Mar 25, 2024
- Individual clients · 334 to 253Nov 13, 2023 to Mar 25, 2024
- Pension plan clients · 10 to 9Nov 13, 2023 to Mar 25, 2024
- Assets in custody · $344M to $393MNov 13, 2023 to Mar 25, 2024
- Financial planning clients · 26-50 to 0Nov 13, 2023 to Mar 25, 2024
- Discretionary RAUM · $526M to $589MNov 13, 2023 to Mar 25, 2024
- HNW RAUM · $375M to $471MNov 13, 2023 to Mar 25, 2024
Signals
1 dated events
- Edward Richard Cavanagh (Chief Compliance Officer) appeared on Schedule A of Newman Dignan & Sheerar, IncMar 27, 2023 · 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.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/89658940/admin/feed/postsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ndswealthri.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 401-351-4010reportedpublic record, Form ADV, May 6, 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
- $122Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026