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

R•••••••• I•••••••••

Independent wealth managerSpringfield, New JerseyCRD 121220SEC 801-66378websiteIAPD
Legal name R•••••••• I••••••••• L••
Latest filing Apr 3, 2026
First filing on the tape Mar 16, 2012 · 37 filings
SEC status approved since Mar 23, 2006
RAUM
$419M
reported, Item 5.F
Discretionary
85%
of RAUM
Private clients
70%
$294M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$105M
derived; firm RAUM over IAPD count
Employees
7
5 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
7
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$419M as of Apr 3, 2026
Mar 16, 2012$126M then
HNW client RAUM$222M as of Apr 3, 2026
Mar 28, 2018$228M then
State-registered IARs (5.B.3)5 as of Apr 3, 2026
Apr 1, 20133 then
Employees (5.A)7 as of Apr 3, 2026
Apr 1, 20135 then
Private funds7 as of Apr 3, 2026
Mar 16, 20121 then
RAUM +21% over the last fiscal year+12% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Apr 3, 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
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$105MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
43derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.0MderivedHNW RAUM over HNW clients
Average account
$727,729derivedRAUM over accounts (5.F.2.f)
Discretionary
85%derivedof RAUM
Institutional
7.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
1.0derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
+13%derived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody
$34.7M, 62 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$222M62%
  • Individuals$71.7M20%
  • Pooled investment vehicles$33.5M9.4%
  • Pension and profit-sharing plans$29.2M8.2%
Individual clients
114reported
HNW clients
56reported
Pension plan clients
37reported
Charitable clients
n/areported
Accounts
576reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$34.7M for 62 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.7 fund_share=0.08 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
V•••••• R•••• L•••••Chartered Financial AnalystHermosa Beach, Ca Mar 14, 201313 y0
K•••••• B•••••••• M•••••••Springfield, NjFeb 12, 201532 y2
T••••••• P•••••• M••••••Hermosa Beach, Ca Jun 30, 201514 y0
S•• N•••••Beverly Hills, CaMay 4, 201814 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
9 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
  • M•••••••• K••••••• B•••••••• · President, Managing Member, Chief Investment Officer And Chief Compliance Officercontrol
    since 12/2002 · owns 50% to 75%
  • M••••••• T•••••••• P•••••• · President, R•••••••• D••••••• Growth Partner/Membercontrol
    since 08/2012 · owns 10% to 25%
  • N••••••••• A••••• · Member/Vpcontrol
    since 02/2006 · owns 10% to 25%
  • L•••••• V••••••• R•••• · Portfolio Analyst And Partner
    since 06/2020 · owns less than 5%
  • N•••••• S•• · Partner
    since 01/2020 · owns less than 5%
Related persons
Schedule D 7.A
  • F•••••• I••••• F••• I•
    pooled vehicle sponsory
  • F•••••• I••••• F••• M••••••••• L••
    pooled vehicle sponsory
  • F•••••• R••• E••••• S••••• 1•
    pooled vehicle sponsory
  • G••••• C••••• O••••••••• F••• S•••••
    pooled vehicle sponsory
  • R•••••••• D••••••• P••••••• F•••
    pooled vehicle sponsory
  • R•••••••• F•••• L••
    pooled vehicle sponsory
  • R•••••••• R••• E••••• S••••• 1•
    pooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Springfield, Nj · principal300
Hermosa Beach, Ca200
Offices
Schedule D 1.F, the 25 largest
  • Hermosa Beach, CA3 employees
  • Beverly Hills, CA1 employees
  • New Hope, PA1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • institutional asset share shiftChange between filings · filing Apr 3, 2026
    institutional share of RAUM moved from 24.0% to 7.0% between the annual amendments of 2025-03-28 and 2026-04-03
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 469 to 576
    Oct 27, 2025 to Mar 31, 2026
  • Corporate clients · 33.0 to unset
    Oct 27, 2025 to Mar 31, 2026
  • HNW clients · 70 to 56
    Oct 27, 2025 to Mar 31, 2026
  • Individual clients · 81 to 114
    Oct 27, 2025 to Mar 31, 2026
  • Pension plan clients · 22 to 37
    Oct 27, 2025 to Mar 31, 2026
  • Assets in custody · $33.9M to $34.7M
    Oct 27, 2025 to Mar 31, 2026
  • Employees · 5 to 7
    Oct 27, 2025 to Mar 31, 2026
  • State-registered IARs · 4 to 5
    Oct 27, 2025 to Mar 31, 2026
  • Private funds · 6 to 7
    Oct 27, 2025 to Mar 31, 2026
  • Discretionary RAUM · $291M to $355M
    Oct 27, 2025 to Mar 31, 2026
  • HNW RAUM · $214M to $222M
    Oct 27, 2025 to Mar 31, 2026
  • Individual RAUM · $15.2M to $71.7M
    Oct 27, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $56.0M to $63.7M
    Oct 27, 2025 to Mar 31, 2026
  • Pension RAUM · $27.7M to $29.2M
    Oct 27, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $33.9M to $33.5M
    Oct 27, 2025 to Mar 31, 2026
  • RAUM · $347M to $419M
    Oct 27, 2025 to Mar 31, 2026
  • Financial planning clients · 0 to 0
    Mar 28, 2025 to Oct 27, 2025
  • Accounts · 539 to 469
    Sep 5, 2024 to Mar 28, 2025
  • Advisory employees · 6 to 5
    Sep 5, 2024 to Mar 28, 2025
  • Corporate clients · 40 to 33
    Sep 5, 2024 to Mar 28, 2025
  • HNW clients · 68 to 70
    Sep 5, 2024 to Mar 28, 2025
  • Individual clients · 92 to 81
    Sep 5, 2024 to Mar 28, 2025
  • Pension plan clients · 27 to 22
    Sep 5, 2024 to Mar 28, 2025
  • Assets in custody · $34.5M to $33.9M
    Sep 5, 2024 to Mar 28, 2025
  • Employees · 6 to 5
    Sep 5, 2024 to Mar 28, 2025
  • Financial planning clients · 11-25 to 0
    Sep 5, 2024 to Mar 28, 2025
  • Private funds · 7 to 6
    Sep 5, 2024 to Mar 28, 2025
  • Discretionary RAUM · $271M to $291M
    Sep 5, 2024 to Mar 28, 2025
  • HNW RAUM · $168M to $214M
    Sep 5, 2024 to Mar 28, 2025
  • Individual RAUM · $44.4M to $15.2M
    Sep 5, 2024 to Mar 28, 2025
  • Non-discretionary RAUM · $55.0M to $56.0M
    Sep 5, 2024 to Mar 28, 2025
  • Pension RAUM · $27.1M to $27.7M
    Sep 5, 2024 to Mar 28, 2025
  • Pooled vehicle RAUM · $40.0M to $33.9M
    Sep 5, 2024 to Mar 28, 2025
  • RAUM · $326M to $347M
    Sep 5, 2024 to Mar 28, 2025
  • Other offices · 2 to 3
    Apr 16, 2024 to Sep 5, 2024
  • Accounts · 591 to 539
    Jul 6, 2023 to Mar 19, 2024
  • Corporate clients · unset to 40.0
    Jul 6, 2023 to Mar 19, 2024
  • HNW clients · 59 to 68
    Jul 6, 2023 to Mar 19, 2024
  • Individual clients · 79 to 92
    Jul 6, 2023 to Mar 19, 2024
  • Pension plan clients · 33 to 27
    Jul 6, 2023 to Mar 19, 2024
Signals
No event on the tape.
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@dividendgrowthpartners.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
310-997-0292reportedpublished by the firm, firm site, Sep 15, 2026
Website
D•••••••GROWTHPARTNERS.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
973-544-6970reportedpublic record, Form ADV, Apr 3, 2026
Team page
dividendgrowthpartners.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
$105Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026
Across the graphs

R•••••••• I••••••••• is the same institution as 1 record in Real Estate Funds.

Real Estate Funds1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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