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

S•• M•••••••••

Institutional managerWellesley Hills, MassachusettsCRD 109684SEC 801-39938websiteIAPD
Legal name S•• L••• C•••••• M••••••••• ••••• L••
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 52 filings
SEC status approved since Oct 28, 1991
RAUM
$76B
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
0.0%
$4.8M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$76B
derived; firm RAUM over IAPD count
Employees
207
108 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
4
reported on Schedule D
History
52 filings and snapshots on the tape
RAUM$76B as of Mar 31, 2026
Mar 30, 2012$57B then
HNW client RAUM$4.8M as of Mar 31, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)207 as of Mar 31, 2026
Mar 28, 201383 then
Private funds4 as of Mar 31, 2026
Mar 30, 20124 then
RAUM +11% over the last fiscal year+4.5% 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
RAUM per advisor
$76BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
2derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$111MderivedRAUM over accounts (5.F.2.f)
Discretionary
87%derivedof RAUM
Institutional
89%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
207.0derivedItem 5.A over advisors
Advisors per office
0.2derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-33%derived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisers, otherreportedItem 5.G
Custody
$801M, 5 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Insurance companies$57B75%
  • Pension and profit-sharing plans$6.0B7.9%
  • State and municipal entities$4.8B6.3%
  • Other investment advisers$3.5B4.6%
  • Investment companies$2.5B3.3%
  • Pooled investment vehicles$1.2B1.6%
  • Corporations and businesses$504M0.7%
  • Charitable organizations$84.2M0.1%
  • High-net-worth individuals$4.8M0.0%
Individual clients
0reported
HNW clients
2reported
Pension plan clients
110reported
Charitable clients
5reported
Accounts
690reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$801M for 5 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.0 fund_share=0.09 institutional_share=0.89 related_bd=true related_bank=true bd_reps=19.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
E••• L••••••• H••••••Wellesley Hills, MaJan 14, 202515 y5
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
Private funds
12 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
S•• M••••••••• U••• I••••••••• G•••• P•••••• C••••• F•••• L•••Other Private Fund$421M8Mar 30, 2020
S•• M••••••••• U••• I••••••••• I••••••••• G•••• P•••••• C••••• F•••• L•••Other Private Fund$277M3Mar 31, 2022
S•• M••••••••• U• I••••••••• G•••• P•••••• C••••• P••••• F•••• L•••Other Private Fund$167M2Mar 31, 2021
S•• M••••••••• M••••••••• C••••• F••• L•Other Private Fund$96.6M2Mar 31, 2023
S•••• I••••••••• G•••• C•• I•• L••••••no longer reportedSecuritized Asset Fund$41.5M3Mar 30, 2012
I••••••• S•• L•••••• A••••• F•• T•• A•••••• O• S•••• I• S•••••••• C•• 2•••••no longer reportedSecuritized Asset Fund$25.0M2Mar 30, 2012
S•• M••••••••• T••• P•••••••• L•Other Private Fund$23.5M1Aug 16, 2012
S••••• 2• S•• M••••••••• C••• F•••• I••••• W••• D•••••••• R••• P•••••Hedge Fund$11.6M2Mar 29, 2018
S•••• I••••••••• G•••• C•• I• L••••••no longer reportedSecuritized Asset Fund$7.1M27Mar 30, 2012
S•• M••••••••• M••••••••• C••••• F••• U• L•Other Private Fund$5.0M2Mar 31, 2023
C••••• A•• R••••••••• S••••••••• L•••••• S••••• 2•••••• T••••no longer reportedSecuritized Asset Fund$4.4M1Mar 30, 2012
S••••• 6• S•• M••••••••• E••••••• U••• E••••••• W••• D•••••••• R••• P•••••Hedge Fund$00Mar 29, 2019
Owners and control persons
Schedule A and B, latest filing
  • B••••• R•••••••• B•••• · Cio, Sun L•••, Manager, Board Of Managerscontrol
    since 02/2016 · owns less than 5%
  • C•••••• P••••••• · Chair And Manager, Board Of Managerscontrol
    since 07/2023 · owns less than 5%
  • D•••••••• A••• E•••••••• · Manager, Board Of Managerscontrol
    since 02/2023 · owns less than 5%
  • H•••••• J•••••• A• •• O•••• · Chief Compliance Officercontrol
    since 04/2023 · owns less than 5%
  • K•••••• C••••••• L••••• · Secretarycontrol
    since 11/2017 · owns less than 5%
  • P••••••• S••••••• C• · President And Manager, Board Of Managerscontrol
    since 01/2020 · owns less than 5%
  • R•••••• P••••••• R•••••• · Manager, Board Of Managerscontrol
    since 01/2020 · owns less than 5%
  • S•••• C••••••• G••• · Chief Operating Officercontrol
    since 05/2023 · owns less than 5%
  • V•• D•• H•••••• M••••••• F•••••• · Svp, Chief Financial Officer, Treasurercontrol
    since 05/2019 · owns less than 5%
Entity owners
  • S•• L••• I••••••••• M••••••••• U•••• I••• · Sole Member
    direct · owns 75% or more
  • S•• L••• 2••••• F•••••••• C•••• · Sole Shareholder
    indirect · owns 50% to 75% of S•• L••• A•••••••• C•••••• O• C••••• • U••• O••••••••• H•••••••• I•••
  • S•• L••• A•••••••• C•••••• O• C••••• • U••• O••••••••• H•••••••• I••• · Sole Shareholder
    indirect · owns 75% or more of S•• L••• F•••••••• ••••• H•••••••• I•••
  • S•• L••• F•••••••• ••••• H•••••••• I••• · Sole Shareholder
    indirect · owns 75% or more of S•• L••• F•••••••• ••••• I••••••••• L••
  • S•• L••• F•••••••• ••••• I••••••••• L•• · Sole Shareholder
    indirect · owns 75% or more of S•• L••• I••••••••• M••••••••• U•••• I•••
  • S•• L••• F•••••••• I••• · Sole Shareholder
    indirect · owns 75% or more of S•• L••• G••••• I••••••••• I••• · public reporting company
  • S•• L••• G••••• I••••••••• I••• · Sole Shareholder
    indirect · owns 75% or more of S•• L••• 2••••• F•••••••• C••••
Related persons
Schedule D 7.A
Advisers that list S•• M••••••••• as a related person
Offices
Schedule D 1.F, the 25 largest
  • Redmond, WA17 employees
  • Toronto, Canada15 employees
  • New York, NY13 employees
  • Hartford, CT5 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • compensation changedChange between filings · filing Mar 31, 2026
    hourly charges (Item 5.E.2): yes on the filing of 2025-10-28, no on the filing of 2026-03-31
    peers: I•••••••••, $20B and over (90)
What changed
consecutive filings, newest first
  • Accounts · 836 to 690
    Oct 28, 2025 to Mar 31, 2026
  • Advisory employees · 101 to 108
    Oct 28, 2025 to Mar 31, 2026
  • BD registered reps · 20 to 19
    Oct 28, 2025 to Mar 31, 2026
  • Charity clients · 2 to 5
    Oct 28, 2025 to Mar 31, 2026
  • HNW clients · 3 to 2
    Oct 28, 2025 to Mar 31, 2026
  • Pension plan clients · 111 to 110
    Oct 28, 2025 to Mar 31, 2026
  • Assets in custody · $606M to $801M
    Oct 28, 2025 to Mar 31, 2026
  • Employees · 225 to 207
    Oct 28, 2025 to Mar 31, 2026
  • Discretionary RAUM · $63B to $66B
    Oct 28, 2025 to Mar 31, 2026
  • HNW RAUM · $5.1M to $4.8M
    Oct 28, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $6.4B to $10.0B
    Oct 28, 2025 to Mar 31, 2026
  • Pension RAUM · $6.1B to $6.0B
    Oct 28, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $1.2B to $1.2B
    Oct 28, 2025 to Mar 31, 2026
  • RAUM · $69B to $76B
    Oct 28, 2025 to Mar 31, 2026
  • Accounts · 666 to 836
    Mar 28, 2024 to Apr 30, 2025
  • BD registered reps · 14 to 20
    Mar 28, 2024 to Apr 30, 2025
  • Pension plan clients · 90 to 111
    Mar 28, 2024 to Apr 30, 2025
  • Pooled vehicle clients · 6 to 5
    Mar 28, 2024 to Apr 30, 2025
  • Assets in custody · $1.0B to $606M
    Mar 28, 2024 to Apr 30, 2025
  • Employees · 220 to 225
    Mar 28, 2024 to Apr 30, 2025
  • Financial planning clients · unset to
    Mar 28, 2024 to Apr 30, 2025
  • Private funds · 6 to 4
    Mar 28, 2024 to Apr 30, 2025
  • Discretionary RAUM · $61B to $63B
    Mar 28, 2024 to Apr 30, 2025
  • HNW RAUM · $16.4M to $5.1M
    Mar 28, 2024 to Apr 30, 2025
  • Non-discretionary RAUM · $8.8B to $6.4B
    Mar 28, 2024 to Apr 30, 2025
  • Pension RAUM · $5.3B to $6.1B
    Mar 28, 2024 to Apr 30, 2025
  • Pooled vehicle RAUM · $985M to $1.2B
    Mar 28, 2024 to Apr 30, 2025
  • RAUM · $69B to $69B
    Mar 28, 2024 to Apr 30, 2025
  • Wrap assets (manager) · 30332467.0 to unset
    Mar 28, 2024 to Apr 30, 2025
  • Wrap assets (sponsor) · 0.0 to unset
    Mar 28, 2024 to Apr 30, 2025
  • Accounts · 645 to 666
    Dec 1, 2023 to Mar 28, 2024
  • Advisory employees · 112 to 101
    Dec 1, 2023 to Mar 28, 2024
  • BD registered reps · 13 to 14
    Dec 1, 2023 to Mar 28, 2024
  • Charity clients · 6 to 2
    Dec 1, 2023 to Mar 28, 2024
  • Pension plan clients · 108 to 90
    Dec 1, 2023 to Mar 28, 2024
  • Pooled vehicle clients · 8 to 6
    Dec 1, 2023 to Mar 28, 2024
  • Assets in custody · $1.2B to $1.0B
    Dec 1, 2023 to Mar 28, 2024
  • Employees · 193 to 220
    Dec 1, 2023 to Mar 28, 2024
  • Private funds · 8 to 6
    Dec 1, 2023 to Mar 28, 2024
  • Discretionary RAUM · $58B to $61B
    Dec 1, 2023 to Mar 28, 2024
Signals
20 dated events
  • Patricia Callon (Chair And Manager, Board Of Managers) appeared on Schedule A of S•• M•••••••••
    Aug 3, 2023 · Control person joined · fact
  • J••• M•••••• K•••••• (Chair And Manager, Board Of Managers) no longer on Schedule A of S•• M••••••••• (listed 2023-06-16, absent 2023-08-03)
    Aug 3, 2023 · Control person left · inference
  • Gail Candace Shaw (Chief Operating Officer) appeared on Schedule A of S•• M•••••••••
    May 17, 2023 · Control person joined · fact
  • A (Mi Only) Joseph Hanlon (Chief Compliance Officer) appeared on Schedule A of S•• M•••••••••
    Apr 17, 2023 · Control person joined · fact
  • Roy T••••• W••••• (Chief Compliance Officer) no longer on Schedule A of S•• M••••••••• (listed 2023-03-31, absent 2023-04-17)
    Apr 17, 2023 · Control person left · inference
  • Peter Anthony T••••• Murphy (Head Of Institutional Business, S•• M••••••••• And Manager, Board Of Managers) no longer on Schedule A of S•• M••••••••• (listed 2022-03-31, absent 2023-03-31)
    Mar 31, 2023 · Control person left · inference
  • Elizabeth Amy Deangelo (Manager, Board Of Managers) appeared on Schedule A of S•• M•••••••••
    Mar 31, 2023 · Control person joined · fact
  • J•••• N••• B••• (Head Of Legal) no longer on Schedule A of S•• M••••••••• (listed 2021-03-31, absent 2021-09-23)
    Sep 23, 2021 · Control person left · inference
  • J•••• N••• B••• (Head Of Legal) appeared on Schedule A of S•• M•••••••••
    Jan 2, 2020 · Control person joined · fact
  • S•• M••••••••• reported RAUM $69.9B, up 97% from $35.5B (2019-06-19 to 2020-01-02)
    Jan 2, 2020 · RAUM change · derived
  • Richard Patrick Romain (Manager, Board Of Managers) appeared on Schedule A of S•• M•••••••••
    Jan 2, 2020 · Control person joined · fact
  • T••••• John Donnelly (President And Manager, And Head Of Strategic Initiatives, S•• M•••••••••) no longer on Schedule A of S•• M••••••••• (listed 2019-06-19, absent 2020-01-02)
    Jan 2, 2020 · Control person left · inference
  • Susan Amy Marjani (Director, Chief Compliance Officer) no longer on Schedule A of S•• M••••••••• (listed 2019-06-19, absent 2020-01-02)
    Jan 2, 2020 · Control person left · inference
  • Roy T••••• W••••• (Chief Compliance Officer) appeared on Schedule A of S•• M•••••••••
    Jan 2, 2020 · Control person joined · fact
  • J••• M•••••• K•••••• (Chair And Manager, Board Of Managers) appeared on Schedule A of S•• M•••••••••
    Jan 2, 2020 · Control person joined · fact
  • Peter Anthony T••••• Murphy (Head Of Institutional Business, S•• M••••••••• And Manager, Board Of Managers) appeared on Schedule A of S•• M•••••••••
    Jan 2, 2020 · Control person joined · fact
  • C Stephen Peacher (President, S•• M••••••••• And Manager, Board Of Managers) appeared on Schedule A of S•• M•••••••••
    Jan 2, 2020 · Control person joined · fact
  • S•• M••••••••• reported 5 offices beyond its principal office, up from 0 (2019-06-19 to 2020-01-02)
    Jan 2, 2020 · Office count change · derived
  • F•••••• M•••••• Van Den H••••• (Senior Vice President, Chief Financial And Operations Officer, Treasurer, And Manager, Board Of Managers) appeared on Schedule A of S•• M•••••••••
    May 16, 2019 · Control person joined · fact
  • Leonard N••• Haynes (Treasurer And Chief Financial Officer And Manager) no longer on Schedule A of S•• M••••••••• (listed 2019-03-29, absent 2019-05-16)
    May 16, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/s-l-c-management/aboutreportedpublic record, Form ADV, Sep 18, 2026
Website
slcmanagement.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
781-446-1903reportedpublic 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$76Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026