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

R••••• A• Z••• • C•••••••

Independent wealth managerSutton, New HampshireCRD 110480SEC 801-11929IAPD
Legal name Z••• R••••• A• • C• I••
Latest filing Mar 31, 2026
First filing on the tape Mar 23, 2012 · 20 filings
SEC status approved since Sep 10, 1976
RAUM
$175M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
85%
$148M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$87.5M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$175M as of Mar 31, 2026
Mar 23, 2012$101M then
HNW client RAUM$143M as of Mar 31, 2026
Mar 30, 2018$93.7M then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 23, 20120 then
Employees (5.A)1 as of Mar 31, 2026
Mar 27, 20132 then
Private funds: no history
RAUM +13% over the last fiscal year+7.7% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$87.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
48derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$1.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.2%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Custody
$153M, 93 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)
  • 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$143M82%
  • Charitable organizations$26.6M15%
  • Individuals$5.6M3.2%
Individual clients
10reported
HNW clients
86reported
Pension plan clients
0reported
Charitable clients
n/areported
Accounts
100reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$153M for 93 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.85 fund_share=0.0 institutional_share=0.15 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• A•••••• Z••• J••Boston, MaJul 3, 199736 y0
M•••••• A•• Z•••Boston, MaNov 27, 2001n/a0
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
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Z••• J••• R•••••• A•••••• · President/Chief Compliance Officercontrol
        since 01/2002 · owns 75% or more
      • Z•••• M••••••• A•• · Director
        since 06/1976 · owns 5% to 10%
      Entity owners
      • R••••• A• Z••• 1••• F••••• T•••• · Owner
        direct · owns 5% to 10%
      • Z•••• M••••••• A••• Z•••• R•••••• A••••••• J••• Z•••• M•••••••• T•••••• · Trustees/Shareholders
        indirect · owns F of R••••• A• Z••• 1••• F••••• T••••
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Boston, Ma200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 98 to 100
        Mar 31, 2025 to Mar 31, 2026
      • HNW clients · 83 to 86
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $140M to $153M
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $155M to $175M
        Mar 31, 2025 to Mar 31, 2026
      • HNW RAUM · $126M to $143M
        Mar 31, 2025 to Mar 31, 2026
      • Individual RAUM · $5.2M to $5.6M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $155M to $175M
        Mar 31, 2025 to Mar 31, 2026
      • HNW clients · 82 to 83
        Aug 2, 2024 to Mar 31, 2025
      • Assets in custody · $131M to $140M
        Aug 2, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Aug 2, 2024 to Mar 31, 2025
      • Discretionary RAUM · $145M to $155M
        Aug 2, 2024 to Mar 31, 2025
      • HNW RAUM · $119M to $126M
        Aug 2, 2024 to Mar 31, 2025
      • Individual RAUM · $4.9M to $5.2M
        Aug 2, 2024 to Mar 31, 2025
      • RAUM · $145M to $155M
        Aug 2, 2024 to Mar 31, 2025
      • Accounts · 105 to 98
        Mar 28, 2023 to Mar 28, 2024
      • Advisory employees · 2 to 1
        Mar 28, 2023 to Mar 28, 2024
      • HNW clients · 85 to 82
        Mar 28, 2023 to Mar 28, 2024
      • Individual clients · 16 to 10
        Mar 28, 2023 to Mar 28, 2024
      • Assets in custody · $127M to $131M
        Mar 28, 2023 to Mar 28, 2024
      • Employees · 2 to 1
        Mar 28, 2023 to Mar 28, 2024
      • State-registered IARs · 2 to 1
        Mar 28, 2023 to Mar 28, 2024
      • Other offices · 2 to 0
        Mar 28, 2023 to Mar 28, 2024
      • Discretionary RAUM · $139M to $145M
        Mar 28, 2023 to Mar 28, 2024
      • HNW RAUM · $113M to $119M
        Mar 28, 2023 to Mar 28, 2024
      • Individual RAUM · $6.3M to $4.9M
        Mar 28, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $1.3M to $0
        Mar 28, 2023 to Mar 28, 2024
      • RAUM · $140M to $145M
        Mar 28, 2023 to Mar 28, 2024
      • Accounts · 104 to 105
        Mar 30, 2022 to Mar 28, 2023
      • HNW clients · 82 to 85
        Mar 30, 2022 to Mar 28, 2023
      • Individual clients · 18 to 16
        Mar 30, 2022 to Mar 28, 2023
      • Discretionary RAUM · $142M to $139M
        Mar 30, 2022 to Mar 28, 2023
      • HNW RAUM · $112M to $113M
        Mar 30, 2022 to Mar 28, 2023
      • Individual RAUM · $6.6M to $6.3M
        Mar 30, 2022 to Mar 28, 2023
      • Non-discretionary RAUM · $692,909 to $1.3M
        Mar 30, 2022 to Mar 28, 2023
      • RAUM · $143M to $140M
        Mar 30, 2022 to Mar 28, 2023
      • Assets in custody · $133M to $127M
        Mar 28, 2023 to Mar 28, 2023
      • Accounts · 109 to 104
        Mar 30, 2021 to Mar 30, 2022
      • HNW clients · 83 to 82
        Mar 30, 2021 to Mar 30, 2022
      • Individual clients · 21 to 18
        Mar 30, 2021 to Mar 30, 2022
      • Assets in custody · $124M to $133M
        Mar 30, 2021 to Mar 30, 2022
      Signals
      1 dated events
      • Anthony Robert Zock (Assistant Treasurer) no longer on Schedule A of R••••• A• Z••• • C••••••• (listed 2023-03-28, absent 2024-03-28)
        Mar 28, 2024 · 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
      Principal office phone
      603-456-3106reportedpublic 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
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $87.5Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026