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

Arlen Capital, LLC

Independent wealth managerWarwick, Rhode IslandCRD 118113SEC 801-63038websiteIAPD
Latest filing Feb 26, 2026
First filing on the tape Mar 27, 2012 · 28 filings
SEC status approved since Apr 14, 2004
RAUM
$349M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$345M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$87.2M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$349M as of Feb 26, 2026
Mar 27, 2012$164M then
HNW client RAUM$287M as of Feb 26, 2026
Mar 8, 2018$150M then
State-registered IARs (5.B.3)4 as of Feb 26, 2026
Mar 27, 20120 then
Employees (5.A)6 as of Feb 26, 2026
Mar 21, 20136 then
Private funds: no history
RAUM +5.3% over the last fiscal year+7.0% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Feb 26, 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
$87.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
56derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$505,537derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+5.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.3%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$10.8M, 16 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)
  • 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$287M82%
  • Individuals$57.1M16%
  • Corporations and businesses$3.4M1.0%
  • Charitable organizations$844,1960.2%
Individual clients
139reported
HNW clients
83reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
690reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$10.8M for 16 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=4.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Peter Anthony SullivanWarwick, RiJun 1, 200142 y0
Frank Peter McgoffWarwick, RiJun 1, 200127 y0
Adam Mccrystal SullivanWarwick, RiApr 11, 200622 y0
David A NabbWarwick, RiNov 11, 200823 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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Peter Frank Mcgoff · Chief Compliance Officer/Executive Vice Presidentcontrol
    since 03/2001 · owns less than 5%
  • Mccrystal Adam Sullivan · Executive Vice Presidentcontrol
    since 06/2004 · owns less than 5%
  • Anthony Peter Sullivan · President And Managercontrol
    since 04/2001 · owns less than 5%
  • Anthony Peter Sullivan · Ownercontrol
    since 03/2001 · owns 75% or more of Arlen Corporation
Entity owners
  • Arlen Corporation · Owner
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • Arlen Corporation
    real estatey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Warwick, Ri · principal400
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • custody status changedChange between filings · filing Feb 26, 2026
    custody of client assets (Item 9.A): no on the filing of 2025-02-25, yes on the filing of 2026-02-26
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 691 to 690
    Feb 25, 2025 to Feb 26, 2026
  • Advisory employees · 5 to 4
    Feb 25, 2025 to Feb 26, 2026
  • BD registered reps · 5 to 4
    Feb 25, 2025 to Feb 26, 2026
  • HNW clients · 78 to 83
    Feb 25, 2025 to Feb 26, 2026
  • Custody of client assets · false to true
    Feb 25, 2025 to Feb 26, 2026
  • Employees · 5 to 6
    Feb 25, 2025 to Feb 26, 2026
  • Discretionary RAUM · $329M to $346M
    Feb 25, 2025 to Feb 26, 2026
  • HNW RAUM · $268M to $287M
    Feb 25, 2025 to Feb 26, 2026
  • Individual RAUM · $59.0M to $57.1M
    Feb 25, 2025 to Feb 26, 2026
  • Non-discretionary RAUM · $2.1M to $2.4M
    Feb 25, 2025 to Feb 26, 2026
  • RAUM · $331M to $349M
    Feb 25, 2025 to Feb 26, 2026
  • Accounts · 687 to 691
    Feb 8, 2024 to Feb 25, 2025
  • HNW clients · 74 to 78
    Feb 8, 2024 to Feb 25, 2025
  • Individual clients · 142 to 139
    Feb 8, 2024 to Feb 25, 2025
  • Assets in custody · $10.2M to $10.8M
    Feb 8, 2024 to Feb 25, 2025
  • Financial planning clients · unset to
    Feb 8, 2024 to Feb 25, 2025
  • Discretionary RAUM · $299M to $329M
    Feb 8, 2024 to Feb 25, 2025
  • HNW RAUM · $238M to $268M
    Feb 8, 2024 to Feb 25, 2025
  • Individual RAUM · $58.9M to $59.0M
    Feb 8, 2024 to Feb 25, 2025
  • Non-discretionary RAUM · $8.1M to $2.1M
    Feb 8, 2024 to Feb 25, 2025
  • RAUM · $307M to $331M
    Feb 8, 2024 to Feb 25, 2025
  • Accounts · 686 to 687
    Jul 28, 2023 to Feb 8, 2024
  • HNW clients · 75 to 74
    Jul 28, 2023 to Feb 8, 2024
  • Individual clients · 143 to 142
    Jul 28, 2023 to Feb 8, 2024
  • Assets in custody · $219M to $10.2M
    Jul 28, 2023 to Feb 8, 2024
  • Custody of client assets · true to false
    Jul 28, 2023 to Feb 8, 2024
  • Discretionary RAUM · $278M to $299M
    Jul 28, 2023 to Feb 8, 2024
  • HNW RAUM · $221M to $238M
    Jul 28, 2023 to Feb 8, 2024
  • Individual RAUM · $55.1M to $58.9M
    Jul 28, 2023 to Feb 8, 2024
  • Non-discretionary RAUM · $7.1M to $8.1M
    Jul 28, 2023 to Feb 8, 2024
  • RAUM · $285M to $307M
    Jul 28, 2023 to Feb 8, 2024
  • Accounts · 657 to 686
    Mar 1, 2022 to Feb 23, 2023
  • HNW clients · 83 to 75
    Mar 1, 2022 to Feb 23, 2023
  • Individual clients · 130 to 143
    Mar 1, 2022 to Feb 23, 2023
  • Discretionary RAUM · $318M to $278M
    Mar 1, 2022 to Feb 23, 2023
  • HNW RAUM · $263M to $221M
    Mar 1, 2022 to Feb 23, 2023
  • Individual RAUM · $52.9M to $55.1M
    Mar 1, 2022 to Feb 23, 2023
  • Non-discretionary RAUM · $5.6M to $7.1M
    Mar 1, 2022 to Feb 23, 2023
  • RAUM · $324M to $285M
    Mar 1, 2022 to Feb 23, 2023
  • Accounts · 625 to 657
    Mar 5, 2021 to Mar 1, 2022
Signals
1 dated events
  • Mccrystal Adam Sullivan (Executive Vice President) appeared on Schedule A of Arlen Capital, Llc
    Mar 1, 2022 · 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
Business email
info@arlencorp.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
401-854-3500reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
401-854-3509reportedpublished by the firm, firm site, Sep 16, 2026
Website
ARLENCORP.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
401-854-3500reportedpublic record, Form ADV, Feb 26, 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
$87.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026