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.

Former SEC-registered adviser

Boston Asset Management, Inc.

Former SEC-registered adviserClearwater, FloridaCRD 112768SEC 801-123584websiteIAPD
Latest filing Dec 19, 2024
First filing on the tape Mar 30, 2012 · 13 filings
SEC status approved since Mar 31, 2022
RAUM
$104M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$104M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$104M as of Mar 28, 2024
Mar 30, 2012$80.5M then
HNW client RAUM$87.8M as of Mar 28, 2024
Mar 29, 2023$84.1M then
State-registered IARs (5.B.3)3 as of Mar 28, 2024
Mar 30, 20120 then
Employees (5.A)4 as of Mar 28, 2024
Mar 29, 20234 then
Private funds: no history
RAUM +7.4% over the last fiscal yearIARs 3 to 3offices 1 to 0
Practice profile
derived from the filing of Dec 19, 2024; every figure names its basis
RAUM per advisor
$34.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
23derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.2MderivedHNW RAUM over HNW clients
Average account
$222,470derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+7.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.0%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$87.8M85%
  • Individuals$15.9M15%
Individual clients
52reported
HNW clients
17reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
466reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Joseph Leo Govoni · Chief Executive Officer/Presidentcontrol
      since 01/2017 · owns 50% to 75%
    • Jason Brett Walrath · Chief Compliance Officercontrol
      since 12/2004 · owns 10% to 25%
    • Susan Elizabeth Sauer · Shareholder
      since 12/2003 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    • The Colby Company, LLC, A Florida Limited Liability Company
      real estaten
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Warner, Nh000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Other offices · 1 to 0
      Mar 28, 2024 to Apr 16, 2024
    • Accounts · 437 to 466
      Mar 29, 2023 to Mar 28, 2024
    • Individual clients · 50 to 52
      Mar 29, 2023 to Mar 28, 2024
    • Discretionary RAUM · $96.5M to $104M
      Mar 29, 2023 to Mar 28, 2024
    • HNW RAUM · $84.1M to $87.8M
      Mar 29, 2023 to Mar 28, 2024
    • Individual RAUM · $12.4M to $15.9M
      Mar 29, 2023 to Mar 28, 2024
    • RAUM · $96.5M to $104M
      Mar 29, 2023 to Mar 28, 2024
    • Accounts · 420 to 437
      Mar 1, 2022 to Mar 29, 2023
    • Advisory employees · 4 to 3
      Mar 1, 2022 to Mar 29, 2023
    • Corporate clients · unset to 0.0
      Mar 1, 2022 to Mar 29, 2023
    • HNW clients · 18 to 17
      Mar 1, 2022 to Mar 29, 2023
    • Individual clients · 45 to 50
      Mar 1, 2022 to Mar 29, 2023
    • Pension plan clients · unset to 0.0
      Mar 1, 2022 to Mar 29, 2023
    • Assets in custody · 80920697.0 to unset
      Mar 1, 2022 to Mar 29, 2023
    • Custody of client assets · true to false
      Mar 1, 2022 to Mar 29, 2023
    • Employees · 5 to 4
      Mar 1, 2022 to Mar 29, 2023
    • State-registered IARs · 4 to 3
      Mar 1, 2022 to Mar 29, 2023
    • Discretionary RAUM · $115M to $96.5M
      Mar 1, 2022 to Mar 29, 2023
    • HNW RAUM · $102M to $84.1M
      Mar 1, 2022 to Mar 29, 2023
    • Individual RAUM · $12.4M to $12.4M
      Mar 1, 2022 to Mar 29, 2023
    • Pension RAUM · 859551.0 to unset
      Mar 1, 2022 to Mar 29, 2023
    • RAUM · $115M to $96.5M
      Mar 1, 2022 to Mar 29, 2023
    • Accounts · 773 to 420
      Jun 27, 2012 to Mar 1, 2022
    • Advisory employees · unset to 4.0
      Jun 27, 2012 to Mar 1, 2022
    • Advisory activities · 2 to 1
      Jun 27, 2012 to Mar 1, 2022
    • Business name · BOSTON ASSET MANAGEMENT INC to BOSTON ASSET MANAGEMENT, INC.
      Jun 27, 2012 to Mar 1, 2022
    • Charity clients · unset to 0.0
      Jun 27, 2012 to Mar 1, 2022
    • HNW clients · unset to 18.0
      Jun 27, 2012 to Mar 1, 2022
    • Individual clients · unset to 45.0
      Jun 27, 2012 to Mar 1, 2022
    • Pooled vehicle clients · unset to 0.0
      Jun 27, 2012 to Mar 1, 2022
    • Assets in custody · unset to 80920697.0
      Jun 27, 2012 to Mar 1, 2022
    • Custody of client assets · false to true
      Jun 27, 2012 to Mar 1, 2022
    • Employees · unset to 5.0
      Jun 27, 2012 to Mar 1, 2022
    • State-registered IARs · 0 to 4
      Jun 27, 2012 to Mar 1, 2022
    • Legal name · BOSTON ASSET MANAGEMENT INC to BOSTON ASSET MANAGEMENT, INC.
      Jun 27, 2012 to Mar 1, 2022
    • Other offices · unset to 1.0
      Jun 27, 2012 to Mar 1, 2022
    • Discretionary RAUM · $80.5M to $115M
      Jun 27, 2012 to Mar 1, 2022
    • HNW RAUM · unset to 101755780.0
      Jun 27, 2012 to Mar 1, 2022
    • Individual RAUM · unset to 12427053.0
      Jun 27, 2012 to Mar 1, 2022
    • Pension RAUM · unset to 859551.0
      Jun 27, 2012 to Mar 1, 2022
    Signals
    6 dated events
    • Boston Asset Management, Inc. no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $103.7M)
      May 2, 2025 · Left the SEC roster · derived
    • John Mark Govoni (President) no longer on Schedule A of Boston Asset Management, Inc. (listed 2024-03-28, absent 2024-04-16)
      Apr 16, 2024 · Control person left · inference
    • Mark John Govoni left Boston Asset Management, Inc. for Empirical Asset Management, Llc (registered 2024-04-03)
      Apr 11, 2024 · Advisor changed firm · fact
    • John Mark Govoni (President) appeared on Schedule A of Boston Asset Management, Inc.
      Mar 29, 2023 · Control person joined · fact
    • Keith Brown Woomer left Boston Asset Management, Inc. for Farther (registered 2023-04-14)
      Feb 27, 2023 · Advisor changed firm · fact
    • Boston Asset Management, Inc. filed its initial SEC registration (Form ADV)
      Mar 1, 2022 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered adviserderiveda 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