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
M••••••• P•••••• W••••• S••••••• L••
Latest filing Dec 16, 2025
First filing on the tape Mar 12, 2012 · 25 filings
SEC status approved since Apr 3, 1997
RAUM
$428M
reported, Item 5.F
Discretionary
84%
of RAUM
Private clients
90%
$384M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$214M
derived; firm RAUM over IAPD count
Employees
6
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$428M as of Dec 16, 2025
Mar 12, 2012$187M then
HNW client RAUM$363M as of Dec 16, 2025
Mar 30, 2018$139M then
State-registered IARs (5.B.3)2 as of Dec 16, 2025
Mar 26, 20132 then
Employees (5.A)6 as of Dec 16, 2025
Mar 26, 20133 then
Private funds: no history
RAUM +24% over the last fiscal year+9.3% a year over threeIARs 4 to 2
Practice profile
derived from the filing of Dec 16, 2025; 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $214MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 59derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.4MderivedHNW RAUM over HNW clients
- Average account
- $2.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 84%derivedof RAUM
- Institutional
- 9.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +11%derivedbetween the last two annual amendments
- Advisor growth, one year
- -25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -43%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, selection of other advisersreportedItem 5.G
- Custody
- $585M, 131 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$363M85%
- Charitable organizations$38.6M9.0%
- Individuals$20.8M4.9%
- Corporations and businesses$5.2M1.2%
- Individual clients
- 34reported
- HNW clients
- 83reported
- Pension plan clients
- 0reported
- Charitable clients
- 8reported
- Accounts
- 199reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $585M for 131 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.9 fund_share=0.0 institutional_share=0.09 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| M••• A• N•••• | Boston, Ma | May 16, 2011 | 21 y | 0 |
| M•••••• W• F•••• | Boston, Ma | Aug 27, 2012 | 24 y | 0 |
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
- D•••••• E••••• W•••• to W•••••• W••••• M••••••••• L••Nov 26, 2022 · Other
- K••••••• A••• F•••••••• to B• R•••• W••••• A•••••••• I•••Apr 8, 2014 · Other
Joined, latest
- K••••••• A••• F•••••••• from W••••••• E•••• • C••••••• I•••Feb 15, 2012 · Other
- D•••••• E••••• W•••• from W••••••• E•••• • C••••••• I•••May 23, 2011 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from W••••••• E•••• • C••••••• I•••Apr 13, 2021 · Boston, Ma
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- F••••• M••••••• W• · Managercontrolsince 11/2024 · owns less than 5%
- K••••••• A••• F•••••• · Chief Compliance Officercontrolsince 11/2024 · owns less than 5%
Entity owners
- M••••••• P•••••• W••••• S••••••• H•••••••• L•• · Managing Memberdirect · owns 75% or more
- M••••••• • E••••••• L•• · Ownerindirect · owns 75% or more of M••••••• P•••••• W••••• S••••••• H•••••••• L••
Related persons
Schedule D 7.A
- M••••••• • E••••••• L••y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Boston, Ma · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 197 to 199Dec 20, 2024 to Dec 16, 2025
- Advisory employees · 2 to 1Dec 20, 2024 to Dec 16, 2025
- HNW clients · 81 to 83Dec 20, 2024 to Dec 16, 2025
- Individual clients · 27 to 34Dec 20, 2024 to Dec 16, 2025
- Assets in custody · $528M to $585MDec 20, 2024 to Dec 16, 2025
- Employees · 5 to 6Dec 20, 2024 to Dec 16, 2025
- Financial planning clients · 0 to 0Dec 20, 2024 to Dec 16, 2025
- State-registered IARs · 3 to 2Dec 20, 2024 to Dec 16, 2025
- Discretionary RAUM · $314M to $358MDec 20, 2024 to Dec 16, 2025
- HNW RAUM · $327M to $363MDec 20, 2024 to Dec 16, 2025
- Individual RAUM · $10.4M to $20.8MDec 20, 2024 to Dec 16, 2025
- Non-discretionary RAUM · $66.9M to $69.2MDec 20, 2024 to Dec 16, 2025
- RAUM · $381M to $428MDec 20, 2024 to Dec 16, 2025
- Accounts · 201 to 197Nov 15, 2024 to Dec 20, 2024
- Business name · B•••• • L••••••• A•••• M••••••••• to M••••••• P•••••• W••••• S••••••• L••Nov 15, 2024 to Dec 20, 2024
- Charity clients · 10 to 8Nov 15, 2024 to Dec 20, 2024
- HNW clients · 129 to 81Nov 15, 2024 to Dec 20, 2024
- Individual clients · 61 to 27Nov 15, 2024 to Dec 20, 2024
- Assets in custody · $479M to $528MNov 15, 2024 to Dec 20, 2024
- Employees · 4 to 5Nov 15, 2024 to Dec 20, 2024
- Legal name · B&L ASSET MANAGEMENT LLC to M••••••• P•••••• W••••• S••••••• L••Nov 15, 2024 to Dec 20, 2024
- Discretionary RAUM · $295M to $314MNov 15, 2024 to Dec 20, 2024
- HNW RAUM · $284M to $327MNov 15, 2024 to Dec 20, 2024
- Individual RAUM · $23.5M to $10.4MNov 15, 2024 to Dec 20, 2024
- Non-discretionary RAUM · $49.5M to $66.9MNov 15, 2024 to Dec 20, 2024
- RAUM · $344M to $381MNov 15, 2024 to Dec 20, 2024
- Advisory employees · 1 to 2Sep 16, 2024 to Nov 15, 2024
- Employees · 3 to 4Sep 16, 2024 to Nov 15, 2024
- Employees · 4 to 3Mar 25, 2024 to Jun 28, 2024
- State-registered IARs · 4 to 3Mar 25, 2024 to Jun 28, 2024
- Accounts · 171 to 201Mar 28, 2023 to Mar 25, 2024
- Charity clients · 6 to 10Mar 28, 2023 to Mar 25, 2024
- HNW clients · 119 to 129Mar 28, 2023 to Mar 25, 2024
- Individual clients · 45 to 61Mar 28, 2023 to Mar 25, 2024
- Assets in custody · $404M to $479MMar 28, 2023 to Mar 25, 2024
- Discretionary RAUM · $256M to $295MMar 28, 2023 to Mar 25, 2024
- HNW RAUM · $243M to $284MMar 28, 2023 to Mar 25, 2024
- Individual RAUM · $16.8M to $23.5MMar 28, 2023 to Mar 25, 2024
- Non-discretionary RAUM · $27.3M to $49.5MMar 28, 2023 to Mar 25, 2024
- RAUM · $283M to $344MMar 28, 2023 to Mar 25, 2024
Signals
7 dated events
- Freeman Ann Keitner (Chief Compliance Officer) appeared on Schedule A of M••••••• P•••••• W••••• S••••••• L••Nov 15, 2024 · Control person joined · fact
- W Melissa Flynn (Manager) appeared on Schedule A of M••••••• P•••••• W••••• S••••••• L••Nov 15, 2024 · Control person joined · fact
- C Steven Goodwin (Manager, Chief Compliance Officer) no longer on Schedule A of M••••••• P•••••• W••••• S••••••• L•• (listed 2024-09-16, absent 2024-11-15)Nov 15, 2024 · Control person left · inference
- A Mark Nowak (Manager) no longer on Schedule A of M••••••• P•••••• W••••• S••••••• L•• (listed 2024-09-16, absent 2024-11-15)Nov 15, 2024 · Control person left · inference
- Edward Raymond Baxter (Manager, Chief Compliance Officer) no longer on Schedule A of M••••••• P•••••• W••••• S••••••• L•• (listed 2024-03-25, absent 2024-06-28)Jun 28, 2024 · Control person left · inference
- D•••••• E••••• W•••• left M••••••• P•••••• W••••• S••••••• L•• for W•••••• W••••• M••••••••• L•• (registered 2013-01-08)Nov 26, 2022 · Advisor changed firm · fact
- D Howard Medwed (Manager) no longer on Schedule A of M••••••• P•••••• W••••• S••••••• L•• (listed 2018-03-30, absent 2019-03-27)Mar 27, 2019 · Control person left · inference
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
- 617-449-6500reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 617-607-9200reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 617-960-2231reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/mccarter-private-wealth-servicesreportedpublic record, Form ADV, Sep 18, 2026
- Website
- H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 617-449-6500reportedpublic record, Form ADV, Dec 16, 2025
- Contact form
- mccarterpws.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- mccarterpws.com/peoplereportedpublished 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $214Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026