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.

Former SEC-registered adviser

Aurora Financial Advisors, LLC

Former SEC-registered adviserWellesley, MassachusettsCRD 120985SEC 801-100394IAPD
Latest filing Mar 26, 2018
First filing on the tape Jun 11, 2015 · 7 filings
RAUM
$404M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$404M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
11
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$404M as of Mar 26, 2018
Mar 18, 2016$240M then
HNW client RAUM: $318M
State-registered IARs (5.B.3)8 as of Mar 26, 2018
Mar 18, 20165 then
Employees (5.A)11 as of Mar 26, 2018
Mar 18, 20168 then
Private funds: no history
RAUM +24% over the last fiscal yearIARs 5 to 8
Practice profile
derived from the filing of Mar 26, 2018; every figure names its basis
RAUM per advisor
$50.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
42derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
4.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
+60%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$318M79%
  • Individuals$86.6M21%
Individual clients
208reported
HNW clients
126reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
334reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Thomas Frederick Baird · Managing Membercontrol
      since 03/2012 · owns 25% to 50%
    • Marion Susan Miller · Managing Member/Chief Compliance Officercontrol
      since 05/2002 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • Westford, MA3 employees
    What changed
    consecutive filings, newest first
    • Accounts · 872 to 334
      Mar 20, 2017 to Mar 26, 2018
    • HNW clients · unset to 126.0
      Mar 20, 2017 to Mar 26, 2018
    • Individual clients · unset to 208.0
      Mar 20, 2017 to Mar 26, 2018
    • State-registered IARs · 5 to 8
      Mar 20, 2017 to Mar 26, 2018
    • Other offices · unset to 1.0
      Mar 20, 2017 to Mar 26, 2018
    • Discretionary RAUM · $325M to $404M
      Mar 20, 2017 to Mar 26, 2018
    • HNW RAUM · unset to 317800000.0
      Mar 20, 2017 to Mar 26, 2018
    • Individual RAUM · unset to 86600000.0
      Mar 20, 2017 to Mar 26, 2018
    • RAUM · $325M to $404M
      Mar 20, 2017 to Mar 26, 2018
    • Accounts · 638 to 872
      Mar 29, 2016 to Mar 20, 2017
    • Advisory employees · 5 to 6
      Mar 29, 2016 to Mar 20, 2017
    • Employees · 8 to 11
      Mar 29, 2016 to Mar 20, 2017
    • Discretionary RAUM · $240M to $325M
      Mar 29, 2016 to Mar 20, 2017
    • RAUM · $240M to $325M
      Mar 29, 2016 to Mar 20, 2017
    • Accounts · 872 to 638
      Jun 24, 2015 to Mar 18, 2016
    • Discretionary RAUM · $241M to $240M
      Jun 24, 2015 to Mar 18, 2016
    • Non-discretionary RAUM · $3.1M to $0
      Jun 24, 2015 to Mar 18, 2016
    • RAUM · $244M to $240M
      Jun 24, 2015 to Mar 18, 2016
    Signals
    1 dated events
    • Aurora Financial Advisors, Llc filed its initial SEC registration (Form ADV)
      Jun 11, 2015 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026