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

M••• S••••• R••••••• L••

Independent wealth managerLakeville, ConnecticutCRD 114629SEC 801-57739websiteIAPD
Latest filing Apr 27, 2026
First filing on the tape Nov 21, 2011 · 60 filings
SEC status approved since Nov 14, 2000
RAUM
$2.7B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$2.6B individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
$158M
derived; firm RAUM over IAPD count
Employees
24
16 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
60 filings and snapshots on the tape
RAUM$2.7B as of Apr 27, 2026
Mar 29, 2012$401M then
HNW client RAUM$2.6B as of Apr 27, 2026
Mar 29, 2018$852M then
State-registered IARs (5.B.3)16 as of Apr 27, 2026
Mar 28, 20132 then
Employees (5.A)24 as of Apr 27, 2026
Mar 28, 20136 then
Private funds: no history
RAUM +12% over the last fiscal year+17% a year over threeIARs 16 to 16
Practice profile
derived from the filing of Apr 27, 2026; every figure names its basis
RAUM per advisor
$158MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
60derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$888,925derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
3.4derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, educational seminars, otherreportedItem 5.G
Financial planning clients
500reportedItem 5.H
Custody
$2.7B, 1,031 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.6B95%
  • Individuals$67.9M2.5%
  • Charitable organizations$43.9M1.6%
  • Pension and profit-sharing plans$16.9M0.6%
Individual clients
203reported
HNW clients
815reported
Pension plan clients
8reported
Charitable clients
5reported
Accounts
3,017reported
Financial planning clients
500reported
Wrap fee programs
noreported
Custody of client assets
$2.7B for 1,031 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
17 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•••• E••••• D••••••Lakeville, Ct Nov 24, 201439 y0
A•••• M•••••• S••••Lakeville, CtNov 24, 201421 y0
B••••••• B• A••••••••Greenwich, Ct Dec 21, 201511 y0
S•••••••• H••• A•••••••Lakeville, CtJun 27, 201610 y0
E•••••••• I•••• B•••••••••Lakeville, CtJun 11, 201927 y0
L••• N••••• T•••Chartered Financial AnalystLakeville, CtDec 12, 201911 y0
N•••••• E••••• M••••••Certified Financial PlannerLakeville, CtJan 30, 202011 y0
J•••• A••• S•••••Lakeville, CtJun 28, 202111 y0
J•••• L••••• M••••Lakeville, CtOct 15, 202112 y3
P•••• A• F••••••Certified Financial PlannerGreenwich, Ct Oct 20, 202110 y1
R•••• T•••• L•••••••Lakeville, CtDec 2, 202110 y1
H••••••• C••••••Lakeville, CtApr 8, 202219 y3
M•••••• C•••• N•••••••Certified Financial PlannerLakeville, Ct Jan 2, 202414 y3
M•••••• J••• S•••••Lakeville, Ct May 16, 202413 y0
A•••••••• M••• R•••••Certified Financial PlannerLakeville, Ct Jul 29, 202412 y3
J•••••• D•••••Lakeville, Ct Sep 26, 202411 y2
E•••• S••••Lakeville, Ct May 10, 202511 y0
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 headcount1 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A••••••••• B•••••••• B• · Partner - Chief Executive Officercontrol
    since 04/2026 · owns 5% to 10%
  • D••••••• J••••• E••••• · Managing Partner And Chief Investment Officercontrol
    since 04/2000 · owns 75% or more
  • M••••••• N••••••• E••••• · Chief Compliance Officercontrol
    since 02/2024 · owns less than 5%
  • S••••• A••••• M•••••• · Managing Partner And Portfolio Managercontrol
    since 08/2020 · owns 5% to 10%
  • T•••• L•••• N••••• · Managing Partnercontrol
    since 04/2026 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Lakeville, Ct · principal1700
Greenwich, Ct500
Sausalito, Ca200
Offices
Schedule D 1.F, the 25 largest
  • Greenwich, CT3 employees
  • Lakeville, CT1 employees
  • New York, NY1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Apr 27, 2026
    T•••• L•••• N••••• (MANAGING PARTNER) appeared on Schedule A between the filings of 2022-03-30 and 2026-04-27
    peers: independent wealth managers, $1B to $5B (1,362)
  • HNW share shiftChange between filings · filing Apr 27, 2026
    HNW share of RAUM moved from 71.0% to 95.0% between the annual amendments of 2025-03-25 and 2026-04-27
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Accounts · 2,782 to 3,017
    Mar 25, 2025 to Mar 31, 2026
  • HNW clients · 367 to 815
    Mar 25, 2025 to Mar 31, 2026
  • Individual clients · 553 to 203
    Mar 25, 2025 to Mar 31, 2026
  • Pension plan clients · 30 to 8
    Mar 25, 2025 to Mar 31, 2026
  • Assets in custody · $1.2B to $2.7B
    Mar 25, 2025 to Mar 31, 2026
  • Financial planning clients · 101-250 to More than 500
    Mar 25, 2025 to Mar 31, 2026
  • Discretionary RAUM · $2.4B to $2.7B
    Mar 25, 2025 to Mar 31, 2026
  • HNW RAUM · $1.7B to $2.6B
    Mar 25, 2025 to Mar 31, 2026
  • Individual RAUM · $611M to $67.9M
    Mar 25, 2025 to Mar 31, 2026
  • Pension RAUM · $42.4M to $16.9M
    Mar 25, 2025 to Mar 31, 2026
  • RAUM · $2.4B to $2.7B
    Mar 25, 2025 to Mar 31, 2026
  • Accounts · 2,550 to 2,782
    Nov 15, 2024 to Mar 25, 2025
  • Advisory employees · 11 to 16
    Nov 15, 2024 to Mar 25, 2025
  • Charity clients · unset to 5.0
    Nov 15, 2024 to Mar 25, 2025
  • HNW clients · 531 to 367
    Nov 15, 2024 to Mar 25, 2025
  • Individual clients · 339 to 553
    Nov 15, 2024 to Mar 25, 2025
  • Pension plan clients · 55 to 30
    Nov 15, 2024 to Mar 25, 2025
  • Assets in custody · $979M to $1.2B
    Nov 15, 2024 to Mar 25, 2025
  • Employees · 21 to 24
    Nov 15, 2024 to Mar 25, 2025
  • Financial planning clients · 101-250 to 101-250
    Nov 15, 2024 to Mar 25, 2025
  • State-registered IARs · 11 to 16
    Nov 15, 2024 to Mar 25, 2025
  • Other offices · 3 to 4
    Nov 15, 2024 to Mar 25, 2025
  • Discretionary RAUM · $1.8B to $2.4B
    Nov 15, 2024 to Mar 25, 2025
  • HNW RAUM · $1.6B to $1.7B
    Nov 15, 2024 to Mar 25, 2025
  • Individual RAUM · $197M to $611M
    Nov 15, 2024 to Mar 25, 2025
  • Pension RAUM · $60.2M to $42.4M
    Nov 15, 2024 to Mar 25, 2025
  • RAUM · $1.8B to $2.4B
    Nov 15, 2024 to Mar 25, 2025
  • HQ city · SAUSALITO to LAKEVILLE
    Aug 21, 2024 to Nov 15, 2024
  • HQ state · CA to CT
    Aug 21, 2024 to Nov 15, 2024
  • Accounts · 2,675 to 2,550
    Apr 25, 2023 to Feb 2, 2024
  • HNW clients · 558 to 531
    Apr 25, 2023 to Feb 2, 2024
  • Individual clients · 287 to 339
    Apr 25, 2023 to Feb 2, 2024
  • Pension plan clients · unset to 55.0
    Apr 25, 2023 to Feb 2, 2024
  • Assets in custody · $800M to $979M
    Apr 25, 2023 to Feb 2, 2024
  • Employees · 23 to 21
    Apr 25, 2023 to Feb 2, 2024
  • Discretionary RAUM · $1.7B to $1.8B
    Apr 25, 2023 to Feb 2, 2024
  • HNW RAUM · $1.5B to $1.6B
    Apr 25, 2023 to Feb 2, 2024
  • Individual RAUM · $153M to $197M
    Apr 25, 2023 to Feb 2, 2024
  • Pension RAUM · $195,984 to $60.2M
    Apr 25, 2023 to Feb 2, 2024
  • RAUM · $1.7B to $1.8B
    Apr 25, 2023 to Feb 2, 2024
Signals
7 dated events
  • M••• S••••• R••••••• L•• reported RAUM $2.4B, up 31% from $1.8B (2024-11-15 to 2025-03-25)
    Mar 25, 2025 · RAUM change · derived
  • S•••• P•••••• L••••• left M••• S••••• R••••••• L•• for C••••••••• W•••••• L•• (registered 2025-01-02)
    Oct 27, 2023 · Advisor changed firm · fact
  • M••• S••••• R••••••• L•• reported RAUM $2.0B, up 41% from $1.4B (2022-03-03 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • E••••• N•••••• Mcmahon (Chief Operating Officer) appeared on Schedule A of M••• S••••• R••••••• L••
    Mar 30, 2022 · Control person joined · fact
  • M••• S••••• R••••••• L•• reported RAUM $1.4B, up 27% from $1.1B (2021-01-04 to 2021-03-30)
    Mar 30, 2021 · RAUM change · derived
  • Ann Tamra Stern (Chief Compliance Officer) no longer on Schedule A of M••• S••••• R••••••• L•• (listed 2020-08-25, absent 2020-09-04)
    Sep 4, 2020 · Control person left · inference
  • M••• S••••• R••••••• L•• reported RAUM $946.2M, up 33% from $709.2M (2017-09-08 to 2018-03-29)
    Mar 29, 2018 · 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
Business phone
415-289-0105reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
203-341-3848reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
415-289-1010reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/main-street-researchreportedpublic record, Form ADV, Sep 18, 2026
Website
MS-R•••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
860.435.2350reportedpublic record, Form ADV, Apr 27, 2026
Team page
ms-research.com/who-we-arereportedpublished by the firm, firm site, Sep 15, 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
$158Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026