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

S•••••••• P••••••• G••••• I•••

Independent wealth managerWellesley, MassachusettsCRD 124855SEC 801-72178websiteIAPD
Latest filing Mar 17, 2026
First filing on the tape Mar 15, 2012 · 31 filings
SEC status approved since Jul 15, 2011
RAUM
$219M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
100%
$219M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$109M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$219M as of Mar 17, 2026
Mar 15, 2012$145M then
HNW client RAUM$157M as of Mar 17, 2026
Feb 7, 2018$97.9M then
State-registered IARs (5.B.3)2 as of Mar 17, 2026
Mar 15, 20120 then
Employees (5.A)3 as of Mar 17, 2026
Feb 7, 20133 then
Private funds: no history
RAUM +9.9% over the last fiscal year+8.3% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 17, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$109MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
133derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$301,909derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+9.9%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-8.0%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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$157M72%
  • Individuals$61.5M28%
Individual clients
187reported
HNW clients
78reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
724reported
Financial planning clients
51-100reported
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
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••• A•••••••• R•••••Wellesley, MaFeb 7, 200532 y0
J••••• A••••• S••••••Wellesley, MaMay 23, 201129 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • R•••••• D••••• A•••••••• · Presidentcontrol
    since 09/2004 · owns 75% or more
  • S••••••• J•••••• A••••• · Chief Compliance Officer
    since 12/2009 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Wellesley, Ma · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 769 to 724
    Feb 26, 2026 to Mar 17, 2026
  • HNW clients · 67 to 78
    Feb 26, 2026 to Mar 17, 2026
  • Individual clients · 221 to 187
    Feb 26, 2026 to Mar 17, 2026
  • Discretionary RAUM · $193M to $213M
    Feb 26, 2026 to Mar 17, 2026
  • HNW RAUM · $131M to $157M
    Feb 26, 2026 to Mar 17, 2026
  • Individual RAUM · $68.4M to $61.5M
    Feb 26, 2026 to Mar 17, 2026
  • Non-discretionary RAUM · $5.5M to $6.0M
    Feb 26, 2026 to Mar 17, 2026
  • RAUM · $199M to $219M
    Feb 26, 2026 to Mar 17, 2026
  • Accounts · 722 to 769
    Mar 20, 2024 to Mar 28, 2025
  • HNW clients · 55 to 67
    Mar 20, 2024 to Mar 28, 2025
  • Individual clients · 231 to 221
    Mar 20, 2024 to Mar 28, 2025
  • Financial planning clients · 51-100 to 51-100
    Mar 20, 2024 to Mar 28, 2025
  • Discretionary RAUM · $179M to $193M
    Mar 20, 2024 to Mar 28, 2025
  • HNW RAUM · $110M to $131M
    Mar 20, 2024 to Mar 28, 2025
  • Individual RAUM · $74.5M to $68.4M
    Mar 20, 2024 to Mar 28, 2025
  • Non-discretionary RAUM · $4.9M to $5.5M
    Mar 20, 2024 to Mar 28, 2025
  • RAUM · $184M to $199M
    Mar 20, 2024 to Mar 28, 2025
  • Accounts · 728 to 722
    Mar 14, 2023 to Mar 20, 2024
  • HNW clients · 76 to 55
    Mar 14, 2023 to Mar 20, 2024
  • Individual clients · 195 to 231
    Mar 14, 2023 to Mar 20, 2024
  • Assets in custody · 56344720.0 to unset
    Mar 14, 2023 to Mar 20, 2024
  • Custody of client assets · true to false
    Mar 14, 2023 to Mar 20, 2024
  • Discretionary RAUM · $167M to $179M
    Mar 14, 2023 to Mar 20, 2024
  • HNW RAUM · $120M to $110M
    Mar 14, 2023 to Mar 20, 2024
  • Individual RAUM · $51.9M to $74.5M
    Mar 14, 2023 to Mar 20, 2024
  • Non-discretionary RAUM · $4.6M to $4.9M
    Mar 14, 2023 to Mar 20, 2024
  • RAUM · $172M to $184M
    Mar 14, 2023 to Mar 20, 2024
  • Accounts · 733 to 728
    Apr 29, 2022 to Mar 14, 2023
  • HNW clients · 82 to 76
    Apr 29, 2022 to Mar 14, 2023
  • Individual clients · 192 to 195
    Apr 29, 2022 to Mar 14, 2023
  • Assets in custody · $96.4M to $56.3M
    Apr 29, 2022 to Mar 14, 2023
  • Financial planning clients · 101-250 to 51-100
    Apr 29, 2022 to Mar 14, 2023
  • Discretionary RAUM · $203M to $167M
    Apr 29, 2022 to Mar 14, 2023
  • HNW RAUM · $153M to $120M
    Apr 29, 2022 to Mar 14, 2023
  • Individual RAUM · $60.6M to $51.9M
    Apr 29, 2022 to Mar 14, 2023
  • Non-discretionary RAUM · $10.9M to $4.6M
    Apr 29, 2022 to Mar 14, 2023
  • RAUM · $214M to $172M
    Apr 29, 2022 to Mar 14, 2023
  • Accounts · 720 to 733
    Mar 31, 2021 to Mar 10, 2022
  • HNW clients · 76 to 82
    Mar 31, 2021 to Mar 10, 2022
  • Assets in custody · $105M to $96.4M
    Mar 31, 2021 to Mar 10, 2022
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 phone
781-444-8876reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
781-444-9010reportedpublished by the firm, firm site, Sep 16, 2026
Website
SPG1.NETreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
781-444-9010reportedpublic record, Form ADV, Mar 17, 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
$109Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026