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

Eliot Rose Wealth Management, LLC

Independent wealth managerProvidence, Rhode IslandCRD 120465SEC 801-121354websiteIAPD
Latest filing Feb 11, 2026
First filing on the tape Mar 31, 2012 · 39 filings
SEC status approved since Jul 2, 2021
RAUM
$186M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$186M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$186M
derived; firm RAUM over IAPD count
Employees
4
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$186M as of Feb 11, 2026
Mar 31, 2012$83.0M then
HNW client RAUM$146M as of Feb 11, 2026
Mar 28, 2018$26.4M then
State-registered IARs (5.B.3)1 as of Feb 11, 2026
Apr 1, 20132 then
Employees (5.A)4 as of Feb 11, 2026
Apr 1, 20134 then
Private funds1 as of Apr 1, 2013
Mar 31, 20121 then
RAUM +22% over the last fiscal year+18% a year over threeIARs 2 to 1offices 1 to 0
Practice profile
derived from the filing of Feb 11, 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
$186MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
141derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$465,819derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
-10%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 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)
  • 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$146M78%
  • Individuals$40.7M22%
Individual clients
88reported
HNW clients
53reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
400reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 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
Jason Eliot SipersteinCertified Financial Planner, Chartered Financial AnalystProvidence, RiJun 27, 201116 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Tapestry Investment Partners, LPno longer reportedHedge Fund$20.2M30Mar 31, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Steven Gary Siperstein · Managing Membercontrol
        since 04/2002 · owns 10% to 25%
      • Eliot Jason Siperstein · Chief Compliance Officer, Membercontrol
        since 01/2016 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 352 to 400
        Nov 19, 2025 to Feb 11, 2026
      • Advisory employees · 2 to 1
        Nov 19, 2025 to Feb 11, 2026
      • HNW clients · 40 to 53
        Nov 19, 2025 to Feb 11, 2026
      • Individual clients · 117 to 88
        Nov 19, 2025 to Feb 11, 2026
      • Financial planning clients · 0 to 11-25
        Nov 19, 2025 to Feb 11, 2026
      • HQ city · to PROVIDENCE
        Nov 19, 2025 to Feb 11, 2026
      • HQ state · to RI
        Nov 19, 2025 to Feb 11, 2026
      • State-registered IARs · 2 to 1
        Nov 19, 2025 to Feb 11, 2026
      • Other offices · 2 to 0
        Nov 19, 2025 to Feb 11, 2026
      • Discretionary RAUM · $153M to $186M
        Nov 19, 2025 to Feb 11, 2026
      • HNW RAUM · $112M to $146M
        Nov 19, 2025 to Feb 11, 2026
      • Individual RAUM · $40.8M to $40.7M
        Nov 19, 2025 to Feb 11, 2026
      • RAUM · $153M to $186M
        Nov 19, 2025 to Feb 11, 2026
      • Financial planning clients · 0 to 0
        Mar 26, 2025 to Nov 19, 2025
      • HQ city · WEST WARWICK to
        Mar 26, 2025 to Nov 19, 2025
      • HQ state · RI to
        Mar 26, 2025 to Nov 19, 2025
      • Other offices · 1 to 2
        Mar 26, 2025 to Nov 19, 2025
      • Advisory employees · 1 to 2
        Apr 1, 2024 to Mar 26, 2025
      • HNW clients · 39 to 40
        Apr 1, 2024 to Mar 26, 2025
      • Financial planning clients · 51-100 to 0
        Apr 1, 2024 to Mar 26, 2025
      • Discretionary RAUM · $126M to $153M
        Apr 1, 2024 to Mar 26, 2025
      • HNW RAUM · $83.7M to $112M
        Apr 1, 2024 to Mar 26, 2025
      • Individual RAUM · $41.8M to $40.8M
        Apr 1, 2024 to Mar 26, 2025
      • RAUM · $126M to $153M
        Apr 1, 2024 to Mar 26, 2025
      • Accounts · 328 to 352
        Apr 7, 2023 to Mar 22, 2024
      • Advisory employees · 2 to 1
        Apr 7, 2023 to Mar 22, 2024
      • HNW clients · 32 to 39
        Apr 7, 2023 to Mar 22, 2024
      • Individual clients · 115 to 117
        Apr 7, 2023 to Mar 22, 2024
      • Financial planning clients · 101-250 to 51-100
        Apr 7, 2023 to Mar 22, 2024
      • Other offices · 3 to 1
        Apr 7, 2023 to Mar 22, 2024
      • Discretionary RAUM · $114M to $126M
        Apr 7, 2023 to Mar 22, 2024
      • HNW RAUM · $79.0M to $83.7M
        Apr 7, 2023 to Mar 22, 2024
      • Individual RAUM · $34.8M to $41.8M
        Apr 7, 2023 to Mar 22, 2024
      • RAUM · $114M to $126M
        Apr 7, 2023 to Mar 22, 2024
      • Accounts · 312 to 328
        Oct 26, 2022 to Mar 29, 2023
      • HNW clients · 38 to 32
        Oct 26, 2022 to Mar 29, 2023
      • Individual clients · 101 to 115
        Oct 26, 2022 to Mar 29, 2023
      • Financial planning clients · 26-50 to 101-250
        Oct 26, 2022 to Mar 29, 2023
      • Other offices · 0 to 3
        Oct 26, 2022 to Mar 29, 2023
      • Discretionary RAUM · $117M to $114M
        Oct 26, 2022 to Mar 29, 2023
      Signals
      2 dated events
      • Eliot Rose Wealth Management, Llc filed its initial SEC registration (Form ADV)
        Apr 30, 2021 · First SEC registration · fact
      • Joseph Paul Mcdermott (Chief Compliance Officer) no longer on Schedule A of Eliot Rose Wealth Management, Llc (listed 2019-03-27, absent 2019-06-06)
        Jun 6, 2019 · Control person left · inference
      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/eliotrosewealth/aboutreportedpublic record, Form ADV, Sep 17, 2026
      Website
      ELIOTROSE.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (401) 588-5102reportedpublic record, Form ADV, Feb 11, 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
      $186Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026