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RIA Intelligence

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SEC-registered adviser

P••••• E••••• P•••••••

Independent wealth managerCRD 126765SEC 801-62213IAPD
Legal name P••••• E••••• P•••••••• L••
Latest filing Apr 17, 2026
First filing on the tape Mar 29, 2012 · 34 filings
SEC status approved since Jul 18, 2003
RAUM
$187M
reported, Item 5.F
Discretionary
22%
of RAUM
Private clients
78%
$145M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$187M as of Apr 17, 2026
Mar 29, 2012$2.4B then
HNW client RAUM: $145M
State-registered IARs (5.B.3)0 as of Apr 17, 2026
Mar 27, 20130 then
Employees (5.A)1 as of Apr 17, 2026
Mar 27, 201325 then
Private funds: no history
RAUM +467% over the last fiscal year-69% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$145MderivedHNW RAUM over HNW clients
Average account
$93.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
22%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+467%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 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
  • 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 hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$145M78%
  • Pooled investment vehicles$42.0M22%
Individual clients
n/areported
HNW clients
1reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.78 fund_share=0.22 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••• T••••• · Chief Executive Officercontrol
        since 08/2022 · owns 10% to 25%
      • F•••••••• M••••••• J••••••• · Ownercontrol
        since 08/2022 · owns 50% to 75% of A••••• H•••••• C•••••• L••
      • M••••••• T••••••• P•••••• · Chief Compliance Officer
        since 06/2020 · owns less than 5%
      Entity owners
      • A••••• H•••••• C•••••• L•• · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY3 employees
      • Highlands Ranch, CO1 employees
      • , 1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • discretionary share shiftChange between filings · filing Apr 17, 2026
        discretionary share of RAUM moved from 100.0% to 22.0% between the annual amendments of 2025-04-08 and 2026-04-17
        peers: independent wealth managers, $100M to $500M (5,678)
      • client mix shiftChange between filings · filing Apr 17, 2026
        private-client share of RAUM moved from 0.0% to 78.0% between the annual amendments of 2025-04-08 and 2026-04-17
        peers: independent wealth managers, $100M to $500M (5,678)
      How anomalies are measured
      What changed
      consecutive filings, newest first
      • Accounts · 1 to 2
        Oct 1, 2025 to Apr 17, 2026
      • Advisory activities · 2 to 3
        Oct 1, 2025 to Apr 17, 2026
      • HNW clients · unset to 1.0
        Oct 1, 2025 to Apr 17, 2026
      • Discretionary RAUM · $36.0M to $42.0M
        Oct 1, 2025 to Apr 17, 2026
      • HNW RAUM · unset to 145000000.0
        Oct 1, 2025 to Apr 17, 2026
      • Non-discretionary RAUM · $0 to $145M
        Oct 1, 2025 to Apr 17, 2026
      • Pooled vehicle RAUM · $36.0M to $42.0M
        Oct 1, 2025 to Apr 17, 2026
      • RAUM · $36.0M to $187M
        Oct 1, 2025 to Apr 17, 2026
      • Advisory activities · 3 to 2
        Apr 8, 2025 to Oct 1, 2025
      • Discretionary RAUM · $33.0M to $36.0M
        Apr 8, 2025 to Oct 1, 2025
      • Pooled vehicle RAUM · $33.0M to $36.0M
        Apr 8, 2025 to Oct 1, 2025
      • RAUM · $33.0M to $36.0M
        Apr 8, 2025 to Oct 1, 2025
      • Related adviser · false to true
        Apr 8, 2025 to Oct 1, 2025
      • Accounts · 61 to 1
        Feb 14, 2025 to Apr 8, 2025
      • Advisory employees · 18 to 1
        Feb 14, 2025 to Apr 8, 2025
      • Advisory activities · 4 to 3
        Feb 14, 2025 to Apr 8, 2025
      • Pension plan clients · 48.0 to unset
        Feb 14, 2025 to Apr 8, 2025
      • Assets in custody · 335000000.0 to unset
        Feb 14, 2025 to Apr 8, 2025
      • Employees · 45 to 1
        Feb 14, 2025 to Apr 8, 2025
      • Financial planning clients · unset to
        Feb 14, 2025 to Apr 8, 2025
      • HQ city · FRAMINGHAM to
        Feb 14, 2025 to Apr 8, 2025
      • HQ state · MA to
        Feb 14, 2025 to Apr 8, 2025
      • Legal name · A••••• P••••••• L•• to P••••• E••••• P•••••••• L••
        Feb 14, 2025 to Apr 8, 2025
      • Other offices · 3 to 0
        Feb 14, 2025 to Apr 8, 2025
      • Discretionary RAUM · $955M to $33.0M
        Feb 14, 2025 to Apr 8, 2025
      • Non-discretionary RAUM · $5.8B to $0
        Feb 14, 2025 to Apr 8, 2025
      • Pension RAUM · 3884000000.0 to unset
        Feb 14, 2025 to Apr 8, 2025
      • Pooled vehicle RAUM · $18.0M to $33.0M
        Feb 14, 2025 to Apr 8, 2025
      • RAUM · $6.7B to $33.0M
        Feb 14, 2025 to Apr 8, 2025
      • Related bank · true to false
        Feb 14, 2025 to Apr 8, 2025
      • Business name · A••••• P••••••• L•• to P••••• E••••• P•••••••
        Sep 9, 2024 to Feb 14, 2025
      • HQ city · WALTHAM to FRAMINGHAM
        Sep 9, 2024 to Feb 14, 2025
      • Accounts · 71 to 61
        Sep 29, 2023 to Sep 9, 2024
      • Advisory employees · 16 to 18
        Sep 29, 2023 to Sep 9, 2024
      • Pension plan clients · 49 to 48
        Sep 29, 2023 to Sep 9, 2024
      • Pooled vehicle clients · unset to 1.0
        Sep 29, 2023 to Sep 9, 2024
      • Assets in custody · $401M to $335M
        Sep 29, 2023 to Sep 9, 2024
      • Employees · 44 to 45
        Sep 29, 2023 to Sep 9, 2024
      • Discretionary RAUM · $982M to $955M
        Sep 29, 2023 to Sep 9, 2024
      • Non-discretionary RAUM · $5.5B to $5.8B
        Sep 29, 2023 to Sep 9, 2024
      Signals
      4 dated events
      • P••••• E••••• P••••••• reported RAUM $33.0M, down 100% from $6.7B (2025-02-14 to 2025-04-08)
        Apr 8, 2025 · RAUM change · derived
      • Jonathan Michael Faulkner (Owner) appeared on Schedule A of P••••• E••••• P•••••••
        Aug 31, 2022 · Control person joined · fact
      • T••••• C•••••• (Chief Executive Officer) appeared on Schedule A of P••••• E••••• P•••••••
        Aug 31, 2022 · Control person joined · fact
      • Darden Ryan Mcglothlin (Managing Director, Chief Compliance Officer) no longer on Schedule A of P••••• E••••• P••••••• (listed 2019-09-27, absent 2020-06-15)
        Jun 15, 2020 · 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
      Principal office phone
      512-422-7559reportedpublic record, Form ADV, Apr 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026