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

D• • P• I••••••••• A•••••••• L•••

Independent wealth managerWakefield, Rhode IslandCRD 119631SEC 801-124798IAPD
Latest filing Mar 6, 2026
First filing on the tape Mar 29, 2022 · 6 filings
SEC status approved since Apr 28, 2022
RAUM
$198M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
96%
$190M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$198M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$198M as of Mar 6, 2026
Mar 16, 2023$133M then
HNW client RAUM$141M as of Mar 6, 2026
Mar 16, 2023$84.0M then
State-registered IARs (5.B.3)1 as of Mar 6, 2026
Mar 16, 20231 then
Employees (5.A)1 as of Mar 6, 2026
Mar 16, 20231 then
Private funds: no history
RAUM +14% over the last fiscal year+14% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 6, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$198MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
228derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$305,657derivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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)
  • 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$141M73%
  • Individuals$48.8M25%
  • Corporations and businesses$2.6M1.4%
Individual clients
170reported
HNW clients
58reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
647reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••• R••••• P••••••Personal Financial SpecialistWakefield, RiApr 3, 201326 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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • P••••••• M•••• R••••• · President, Secretary, Treasurer / Chief Compliance Officercontrol
        since 01/2002 · owns 75% or more
      Related persons
      Schedule D 7.A
      • D•••••• • P••••••• L••
        insurancen
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Mar 6, 2026
        discretionary share of RAUM of 0% against a peer median of 100% (5676 comparable advisers, 0.0th percentile, 33.7 robust deviations)
        peers: independent wealth managers, $100M to $500M (5,676) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 633 to 647
        Mar 11, 2025 to Mar 6, 2026
      • Corporate clients · 5 to 7
        Mar 11, 2025 to Mar 6, 2026
      • HNW clients · 52 to 58
        Mar 11, 2025 to Mar 6, 2026
      • Individual clients · 173 to 170
        Mar 11, 2025 to Mar 6, 2026
      • HNW RAUM · $121M to $141M
        Mar 11, 2025 to Mar 6, 2026
      • Individual RAUM · $45.8M to $48.8M
        Mar 11, 2025 to Mar 6, 2026
      • Non-discretionary RAUM · $174M to $198M
        Mar 11, 2025 to Mar 6, 2026
      • RAUM · $174M to $198M
        Mar 11, 2025 to Mar 6, 2026
      • Accounts · 602 to 633
        Mar 13, 2024 to Mar 11, 2025
      • HNW clients · 48 to 52
        Mar 13, 2024 to Mar 11, 2025
      • Individual clients · 170 to 173
        Mar 13, 2024 to Mar 11, 2025
      • Financial planning clients · 1-10 to 1-10
        Mar 13, 2024 to Mar 11, 2025
      • HNW RAUM · $104M to $121M
        Mar 13, 2024 to Mar 11, 2025
      • Individual RAUM · $41.8M to $45.8M
        Mar 13, 2024 to Mar 11, 2025
      • Non-discretionary RAUM · $152M to $174M
        Mar 13, 2024 to Mar 11, 2025
      • RAUM · $152M to $174M
        Mar 13, 2024 to Mar 11, 2025
      • Accounts · 593 to 602
        Mar 16, 2023 to Mar 13, 2024
      • Corporate clients · unset to 5.0
        Mar 16, 2023 to Mar 13, 2024
      • HNW clients · 42 to 48
        Mar 16, 2023 to Mar 13, 2024
      • HNW RAUM · $84.0M to $104M
        Mar 16, 2023 to Mar 13, 2024
      • Individual RAUM · $42.5M to $41.8M
        Mar 16, 2023 to Mar 13, 2024
      • Non-discretionary RAUM · $133M to $152M
        Mar 16, 2023 to Mar 13, 2024
      • RAUM · $133M to $152M
        Mar 16, 2023 to Mar 13, 2024
      • Accounts · 553 to 593
        Jan 5, 2023 to Mar 16, 2023
      • Individual clients · 155 to 170
        Jan 5, 2023 to Mar 16, 2023
      • Discretionary RAUM · $126M to $0
        Jan 5, 2023 to Mar 16, 2023
      • HNW RAUM · $77.4M to $84.0M
        Jan 5, 2023 to Mar 16, 2023
      • Individual RAUM · $43.2M to $42.5M
        Jan 5, 2023 to Mar 16, 2023
      • Non-discretionary RAUM · $0 to $133M
        Jan 5, 2023 to Mar 16, 2023
      • RAUM · $126M to $133M
        Jan 5, 2023 to Mar 16, 2023
      Signals
      1 dated events
      • D• • P• I••••••••• A•••••••• L••• filed its initial SEC registration (Form ADV)
        Mar 29, 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.
      How to reach
      public business contact points only, each with its source
      Principal office phone
      401-792-0100reportedpublic record, Form ADV, Mar 6, 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
      $198Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026