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•••• A•••• M••••••••• L••

Asset manager (funds and pooled vehicles)Portsmouth, New HampshireCRD 114335SEC 801-8517websiteIAPD
Latest filing Dec 22, 2025
First filing on the tape Jan 25, 2012 · 24 filings
SEC status approved since Mar 24, 1972
RAUM
$8.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$8.9B
derived; firm RAUM over IAPD count
Employees
93
30 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$8.9B as of Dec 22, 2025
Jan 25, 2012$2.5B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Dec 22, 2025
Jan 30, 20137 then
Employees (5.A)93 as of Dec 22, 2025
Jan 30, 201346 then
Private funds: no history
RAUM -1.5% over the last fiscal year+1.6% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Dec 22, 2025; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$8.9BderivedRAUM 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
$331MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
93.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+6.2%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 assetsreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$7.8B87%
  • Pooled investment vehicles$1.0B11%
  • Other investment advisers$128M1.4%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
27reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=19.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C••••••••• H••••• B••••Portsmouth, NhJun 23, 200439 y1
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
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••• J•••• A•••••• · Chief Compliance Officercontrol
    since 01/2006 · owns less than 5%
  • C•••••••• K•••• · Elected Managercontrol
    since 12/2022 · owns less than 5%
  • F••••••••• E•••••• J••••• · President, Elected Managercontrol
    since 02/2024 · owns less than 5%
  • P••••• V••••••• M•••• · Chief Financial Officer, Elected Managercontrol
    since 04/2024 · owns less than 5%
  • S•••• I•• · Elected Managercontrol
    since 01/2018 · owns less than 5%
Entity owners
  • I•••• A•••• M••••••••• G•••• P•• · Parent
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • I•••• A•••• M•••••••••
    investment advisernRAUM $2.0B
  • I•••• A•••• M••••••••• •••• K•••• L•••
    investment advisern
  • I•••• A•••• M••••••••• I•••••• L••
    investment advisern
  • I•••• A•••• M••••••••• L•••
    investment advisernRAUM $26B
  • I••• I• G• ••• L••
    investment adviserpooled vehicle sponsorn
  • I••• I• G• ••• L••
    investment adviserpooled vehicle sponsorn
  • I••• I•• G• ••• L••
    investment adviserpooled vehicle sponsorn
  • I••• I• G• ••• L••
    investment adviserpooled vehicle sponsorn
Advisers that list I•••• A•••• M••••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
  • New York, NY6 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Dec 22, 2025
    portfolio management for pooled vehicles (Item 5.G.4): no on the filing of 2024-12-20, yes on the filing of 2025-12-22
    peers: asset managers, $5B to $20B (684)
What changed
consecutive filings, newest first
  • Accounts · 19 to 27
    Dec 20, 2024 to Dec 22, 2025
  • Advisory employees · 36 to 30
    Dec 20, 2024 to Dec 22, 2025
  • Advisory activities · 2 to 3
    Dec 20, 2024 to Dec 22, 2025
  • BD registered reps · 21 to 19
    Dec 20, 2024 to Dec 22, 2025
  • Pooled vehicle clients · unset to 7.0
    Dec 20, 2024 to Dec 22, 2025
  • Employees · 113 to 93
    Dec 20, 2024 to Dec 22, 2025
  • Financial planning clients · unset to
    Dec 20, 2024 to Dec 22, 2025
  • Discretionary RAUM · $9.6B to $8.9B
    Dec 20, 2024 to Dec 22, 2025
  • Non-discretionary RAUM · $22.8M to $0
    Dec 20, 2024 to Dec 22, 2025
  • Pooled vehicle RAUM · unset to 1024868402.0
    Dec 20, 2024 to Dec 22, 2025
  • RAUM · $9.6B to $8.9B
    Dec 20, 2024 to Dec 22, 2025
  • Accounts · 21 to 19
    Apr 2, 2024 to Dec 20, 2024
  • Advisory employees · 27 to 36
    Apr 2, 2024 to Dec 20, 2024
  • BD registered reps · 22 to 21
    Apr 2, 2024 to Dec 20, 2024
  • Employees · 115 to 113
    Apr 2, 2024 to Dec 20, 2024
  • Discretionary RAUM · $9.0B to $9.6B
    Apr 2, 2024 to Dec 20, 2024
  • Non-discretionary RAUM · $30.1M to $22.8M
    Apr 2, 2024 to Dec 20, 2024
  • RAUM · $9.1B to $9.6B
    Apr 2, 2024 to Dec 20, 2024
  • Accounts · 20 to 21
    Jan 18, 2023 to Dec 18, 2023
  • Advisory employees · 29 to 27
    Jan 18, 2023 to Dec 18, 2023
  • BD registered reps · 23 to 22
    Jan 18, 2023 to Dec 18, 2023
  • Employees · 104 to 115
    Jan 18, 2023 to Dec 18, 2023
  • Discretionary RAUM · $7.5B to $9.0B
    Jan 18, 2023 to Dec 18, 2023
  • Non-discretionary RAUM · $0 to $30.1M
    Jan 18, 2023 to Dec 18, 2023
  • RAUM · $7.5B to $9.1B
    Jan 18, 2023 to Dec 18, 2023
  • Accounts · 17 to 20
    Apr 12, 2022 to Dec 13, 2022
  • Advisory employees · 25 to 29
    Apr 12, 2022 to Dec 13, 2022
  • BD registered reps · 19 to 23
    Apr 12, 2022 to Dec 13, 2022
  • Employees · 77 to 104
    Apr 12, 2022 to Dec 13, 2022
  • Discretionary RAUM · $8.5B to $7.5B
    Apr 12, 2022 to Dec 13, 2022
  • RAUM · $8.5B to $7.5B
    Apr 12, 2022 to Dec 13, 2022
  • Other offices · 0 to 1
    Dec 23, 2021 to Apr 12, 2022
  • Advisory employees · 22 to 25
    Dec 23, 2020 to Dec 23, 2021
  • BD registered reps · 16 to 19
    Dec 23, 2020 to Dec 23, 2021
  • Employees · 62 to 77
    Dec 23, 2020 to Dec 23, 2021
  • State-registered IARs · 16 to 0
    Dec 23, 2020 to Dec 23, 2021
  • Discretionary RAUM · $5.3B to $8.5B
    Dec 23, 2020 to Dec 23, 2021
  • RAUM · $5.3B to $8.5B
    Dec 23, 2020 to Dec 23, 2021
  • Accounts · 14 to 17
    Dec 23, 2019 to Dec 23, 2020
  • Advisory employees · 20 to 22
    Dec 23, 2019 to Dec 23, 2020
Signals
10 dated events
  • Francis Joseph Keefe (President, Elected Manager) no longer on Schedule A of I•••• A•••• M••••••••• L•• (listed 2024-04-02, absent 2024-12-20)
    Dec 20, 2024 · Control person left · inference
  • Joseph Edward Farrington (President, Elected Manager) appeared on Schedule A of I•••• A•••• M••••••••• L••
    Dec 20, 2024 · Control person joined · fact
  • Megan Vanessa Pearl (Chief Financial Officer, Elected Manager) appeared on Schedule A of I•••• A•••• M••••••••• L••
    Dec 20, 2024 · Control person joined · fact
  • K Alicia Dubois (Chief Financial Officer, Elected Manager) no longer on Schedule A of I•••• A•••• M••••••••• L•• (listed 2024-04-02, absent 2024-12-20)
    Dec 20, 2024 · Control person left · inference
  • David Charles Ridge (Elected Manager) no longer on Schedule A of I•••• A•••• M••••••••• L•• (listed 2023-01-18, absent 2023-12-18)
    Dec 18, 2023 · Control person left · inference
  • Patricia Mary Alexander (Elected Manager) no longer on Schedule A of I•••• A•••• M••••••••• L•• (listed 2023-01-18, absent 2023-12-18)
    Dec 18, 2023 · Control person left · inference
  • Patricia Mary Alexander (Elected Manager) appeared on Schedule A of I•••• A•••• M••••••••• L••
    Jan 18, 2023 · Control person joined · fact
  • K•••• C••••••• (Elected Manager) appeared on Schedule A of I•••• A•••• M••••••••• L••
    Dec 13, 2022 · Control person joined · fact
  • I•••• A•••• M••••••••• L•• reported 0 state-registered advisory representatives, down from 16 (2020-12-23 to 2021-12-23)
    Dec 23, 2021 · Advisor headcount change · derived
  • I•••• A•••• M••••••••• L•• reported RAUM $8.5B, up 60% from $5.3B (2020-12-23 to 2021-12-23)
    Dec 23, 2021 · RAUM change · derived
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
Firm profile
linkedin.com/company/impax-funds-usreportedpublic record, Form ADV, Sep 18, 2026
Website
i••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
603-431-8022reportedpublic record, Form ADV, Dec 22, 2025
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
$8.9Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026