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

I••••••••• R••• E••••• C•••••••••

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 112332SEC 801-56643websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 27 filings
SEC status approved since Jul 23, 1999
RAUM
$12B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
122
39 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$12B as of Mar 31, 2026
Mar 30, 2012$2.2B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)122 as of Mar 31, 2026
Apr 1, 201380 then
Private funds5 as of Mar 30, 2016
Mar 30, 20125 then
RAUM -3.2% over the last fiscal year-4.9% a year over threeIARs 0 to 0offices 12 to 10
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$6.1BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived11 offices incl. principal (1.F.5)
RAUM growth, one year
-3.2%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$12B, 2 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
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$12B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$12B for 2 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      6 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• K••••••• E••••• · Chief Compliance Officercontrol
        since 07/2014 · owns less than 5%
      • C••••••• D••••• S•••• · Chief Financial Officercontrol
        since 09/2022 · owns less than 5%
      • N•••••• P•••• J••••• · Presidentcontrol
        since 07/2000 · owns less than 5%
      • P••••••••• P•••• · Chairman, Chief Executive Officer, Director And Stockholdercontrol
        since 05/1993 · owns 50% to 75%
      • T••••••• T•••••• R•••••• · Chief Investment Officer, Directorcontrol
        since 08/2006 · owns less than 5%
      • L••• G••••••• T•• H•• · Trusteecontrol
        since 03/2012 · owns F of T•• M••• R••••• I•••••••• T••••
      • P••••••••• L••• · Trusteecontrol
        since 01/2021 · owns F of T•• M••• R••••• I•••••••• T••••
      Entity owners
      • I••••••••• H•••••••• L•• · Stockholder
        direct · owns 25% to 50%
      • T•• M••• R••••• I•••••••• T•••• · Stockholder
        indirect · owns 75% or more of I••••••••• H•••••••• L••
      Related persons
      Schedule D 7.A
      Advisers that list I••••••••• R••• E••••• C••••••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Boston, MA10 employees
      • Sherman Oaks, CA4 employees
      • ,
      What changed
      consecutive filings, newest first
      • Accounts · 1 to 2
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 38 to 39
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 1 to 2
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $13B to $12B
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 121 to 122
        Mar 31, 2025 to Mar 31, 2026
      • Other offices · 12 to 10
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $13B to $12B
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $13B to $12B
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $13B to $12B
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 40 to 38
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 2 to 1
        Mar 29, 2024 to Mar 31, 2025
      • Assets in custody · $13B to $13B
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 119 to 121
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Other offices · 10 to 12
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $12B to $13B
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $12B to $13B
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $12B to $13B
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 36 to 40
        May 23, 2023 to Mar 29, 2024
      • Assets in custody · $15B to $13B
        May 23, 2023 to Mar 29, 2024
      • Employees · 121 to 119
        May 23, 2023 to Mar 29, 2024
      • Other offices · 8 to 10
        May 23, 2023 to Mar 29, 2024
      • Discretionary RAUM · $14B to $12B
        May 23, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $14B to $12B
        May 23, 2023 to Mar 29, 2024
      • RAUM · $14B to $12B
        May 23, 2023 to Mar 29, 2024
      • Assets in custody · $13B to $15B
        Oct 20, 2022 to Mar 31, 2023
      • Employees · 114 to 121
        Oct 20, 2022 to Mar 31, 2023
      • Other offices · 6 to 8
        Oct 20, 2022 to Mar 31, 2023
      • Discretionary RAUM · $13B to $14B
        Oct 20, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $13B to $14B
        Oct 20, 2022 to Mar 31, 2023
      • RAUM · $13B to $14B
        Oct 20, 2022 to Mar 31, 2023
      • Other offices · 7 to 6
        Mar 31, 2022 to Oct 20, 2022
      • Advisory employees · 25 to 36
        Mar 30, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 1 to 2
        Mar 30, 2021 to Mar 31, 2022
      • Assets in custody · $10B to $13B
        Mar 30, 2021 to Mar 31, 2022
      • Employees · 106 to 114
        Mar 30, 2021 to Mar 31, 2022
      • Other offices · 6 to 7
        Mar 30, 2021 to Mar 31, 2022
      • Discretionary RAUM · $10B to $13B
        Mar 30, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $10B to $13B
        Mar 30, 2021 to Mar 31, 2022
      • RAUM · $10B to $13B
        Mar 30, 2021 to Mar 31, 2022
      Signals
      4 dated events
      • Michael James Bradley (Trustee) no longer on Schedule A of I••••••••• R••• E••••• C••••••••• (listed 2023-05-23, absent 2024-03-29)
        Mar 29, 2024 · Control person left · inference
      • S•••• D•••• C•••••• (Chief Financial Officer) appeared on Schedule A of I••••••••• R••• E••••• C•••••••••
        Oct 20, 2022 · Control person joined · fact
      • I••••••••• R••• E••••• C••••••••• reported RAUM $12.6B, up 25% from $10.0B (2021-03-30 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Leon Palandjian (Trustee) appeared on Schedule A of I••••••••• R••• E••••• C•••••••••
        Mar 30, 2021 · 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
      Website
      I•••••••••.NETreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      617-782-2600reportedpublic 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
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      I••••••••• R••• E••••• C••••••••• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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