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.

SEC-registered adviser

The Foundry Financial Group, Inc.

Independent wealth managerLaconia, New HampshireCRD 116823SEC 801-129329websiteIAPD
Latest filing Feb 20, 2026
First filing on the tape Dec 20, 2011 · 20 filings
SEC status approved since Jan 10, 2024
RAUM
$284M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
97%
$275M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$40.6M
derived; firm RAUM over IAPD count
Employees
11
6 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$284M as of Feb 20, 2026
Dec 20, 2011$65.8M then
HNW client RAUM$240M as of Feb 20, 2026
Dec 12, 2023$139M then
State-registered IARs (5.B.3)6 as of Feb 20, 2026
Dec 20, 20110 then
Employees (5.A)11 as of Feb 20, 2026
Dec 12, 20239 then
Private funds: no history
RAUM +37% over the last fiscal yearIARs 6 to 6offices 1 to 0
Practice profile
derived from the filing of Feb 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
RAUM per advisor
$40.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
42derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$235,667derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
3.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+37%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+15%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$5.9M, 12 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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$240M85%
  • Individuals$34.8M12%
  • Pension and profit-sharing plans$9.1M3.2%
Individual clients
149reported
HNW clients
145reported
Pension plan clients
2reported
Charitable clients
n/areported
Accounts
1,206reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$5.9M for 12 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Harrington FogartyCertified Financial Planner, Chartered Financial ConsultantLaconia, NhJul 25, 200134 y1
Daniel Joseph RivetCertified Financial PlannerLaconia, Nh Jun 19, 201813 y1
Sarah Margaret AndersonLaconia, NhJul 8, 202012 y1
Joshua Roger AllenCertified Financial PlannerLaconia, NhFeb 8, 202413 y1
Rachel Annalyse DadianLaconia, Nh Aug 28, 202412 y1
Brady Michael MartinLaconia, NhJul 26, 202511 y0
Ava Louise ClarkLaconia, NhDec 5, 202510 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 headcount0 left over 36 months
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
  • Harrington Michael Fogarty · President/Owner/Chief Compliance Officercontrol
    since 03/2005 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Laconia, Nh · principal710
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • RAUM up 25 %Change between filings · filing Feb 20, 2026
    RAUM (Item 5.F) moved from $207,895,358 to $284,214,253 (+37.0%) between the annual amendments of 2025-01-27 and 2026-02-20; the peer median change was +15.0% (4551 comparable advisers, 91.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,551) · 91% percentile
What changed
consecutive filings, newest first
  • Accounts · 1,108 to 1,206
    Dec 18, 2025 to Feb 20, 2026
  • HNW clients · 111 to 145
    Dec 18, 2025 to Feb 20, 2026
  • Individual clients · 189 to 149
    Dec 18, 2025 to Feb 20, 2026
  • Pension plan clients · 44 to 2
    Dec 18, 2025 to Feb 20, 2026
  • Assets in custody · $6.2M to $5.9M
    Dec 18, 2025 to Feb 20, 2026
  • Employees · 10 to 11
    Dec 18, 2025 to Feb 20, 2026
  • Discretionary RAUM · $247M to $281M
    Dec 18, 2025 to Feb 20, 2026
  • HNW RAUM · $199M to $240M
    Dec 18, 2025 to Feb 20, 2026
  • Individual RAUM · $50.3M to $34.8M
    Dec 18, 2025 to Feb 20, 2026
  • Non-discretionary RAUM · $3.4M to $3.3M
    Dec 18, 2025 to Feb 20, 2026
  • Pension RAUM · $0 to $9.1M
    Dec 18, 2025 to Feb 20, 2026
  • RAUM · $250M to $284M
    Dec 18, 2025 to Feb 20, 2026
  • Accounts · 1,009 to 1,108
    Jun 3, 2025 to Dec 18, 2025
  • Advisory employees · 5 to 6
    Jun 3, 2025 to Dec 18, 2025
  • Charity clients · 0.0 to unset
    Jun 3, 2025 to Dec 18, 2025
  • Corporate clients · 1.0 to unset
    Jun 3, 2025 to Dec 18, 2025
  • HNW clients · 89 to 111
    Jun 3, 2025 to Dec 18, 2025
  • Individual clients · 167 to 189
    Jun 3, 2025 to Dec 18, 2025
  • Pension plan clients · 41 to 44
    Jun 3, 2025 to Dec 18, 2025
  • Pooled vehicle clients · 0.0 to unset
    Jun 3, 2025 to Dec 18, 2025
  • Assets in custody · unset to 6163968.0
    Jun 3, 2025 to Dec 18, 2025
  • Custody of client assets · false to true
    Jun 3, 2025 to Dec 18, 2025
  • Employees · 9 to 10
    Jun 3, 2025 to Dec 18, 2025
  • Financial planning clients · 101-250 to 251-500
    Jun 3, 2025 to Dec 18, 2025
  • Discretionary RAUM · $204M to $247M
    Jun 3, 2025 to Dec 18, 2025
  • HNW RAUM · $157M to $199M
    Jun 3, 2025 to Dec 18, 2025
  • Individual RAUM · $50.3M to $50.3M
    Jun 3, 2025 to Dec 18, 2025
  • Non-discretionary RAUM · $3.4M to $3.4M
    Jun 3, 2025 to Dec 18, 2025
  • Pooled vehicle RAUM · 0.0 to unset
    Jun 3, 2025 to Dec 18, 2025
  • RAUM · $208M to $250M
    Jun 3, 2025 to Dec 18, 2025
  • Financial planning clients · 101-250 to 101-250
    Jan 27, 2025 to Jun 3, 2025
  • Other offices · 1 to 0
    Jan 27, 2025 to Jun 3, 2025
  • Accounts · 745 to 1,009
    Sep 10, 2024 to Dec 20, 2024
  • Advisory employees · 8 to 5
    Sep 10, 2024 to Dec 20, 2024
  • Corporate clients · 0 to 1
    Sep 10, 2024 to Dec 20, 2024
  • HNW clients · 124 to 89
    Sep 10, 2024 to Dec 20, 2024
  • Individual clients · 139 to 167
    Sep 10, 2024 to Dec 20, 2024
  • Pension plan clients · 20 to 41
    Sep 10, 2024 to Dec 20, 2024
  • State-registered IARs · 5 to 6
    Sep 10, 2024 to Dec 20, 2024
  • Other offices · 0 to 1
    Sep 10, 2024 to Dec 20, 2024
Signals
6 dated events
  • The Foundry Financial Group, Inc. reported RAUM $198.8M, up 202% from $65.8M (2012-06-29 to 2023-12-11)
    Dec 11, 2023 · RAUM change · derived
  • The Foundry Financial Group, Inc. filed its initial SEC registration (Form ADV)
    Dec 11, 2023 · First SEC registration · fact
  • 3 advisors left Cambridge Investment Research Advisors, Inc. (Laconia, NH) for The Foundry Financial Group, Inc. on the same day
    Oct 9, 2023 · Team lift-out · derived
  • Neil Kevin Flaherty left The Foundry Financial Group, Inc. for Cambridge Investment Research Advisors, Inc. (registered 2020-11-05)
    Apr 19, 2023 · Advisor changed firm · fact
  • Jennifer Currier Williams left The Foundry Financial Group, Inc. for Lpl Financial Llc (registered 2023-03-16)
    Nov 14, 2022 · Advisor changed firm · fact
  • Joel Peter Arsenault left The Foundry Financial Group, Inc. for Cambridge Investment Research Advisors, Inc. (registered 2016-10-03)
    Jan 19, 2022 · Advisor changed firm · 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
Business email
support@foundryadvisors.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
603-524-0769reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
603-528-5171reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
833-620-2502reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/foundryfinancialgroupreportedpublic record, Form ADV, Sep 17, 2026
Website
FOUNDRYADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
603-528-5171reportedpublic record, Form ADV, Feb 20, 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
$40.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026