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

Finer Wealth Management, Inc.

Independent wealth managerSalem, MassachusettsCRD 129987SEC 801-121773websiteIAPD
Latest filing Jul 2, 2026
First filing on the tape Mar 17, 2012 · 12 filings
SEC status approved since Jul 20, 2021
RAUM
$306M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$294M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$102M
derived; firm RAUM over IAPD count
Employees
7
2 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$306M as of Jul 2, 2026
Mar 17, 2012$34.6M then
HNW client RAUM$243M as of Jul 2, 2026
Mar 28, 2022$115M then
State-registered IARs (5.B.3)2 as of Jul 2, 2026
Mar 28, 20222 then
Employees (5.A)7 as of Jul 2, 2026
Mar 28, 20227 then
Private funds: no history
RAUM +22% over the last fiscal year+23% a year over threeIARs 2 to 2offices 3 to 4
Practice profile
derived from the filing of Jul 2, 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
RAUM per advisor
$102MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
71derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$393,519derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
0.6derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-13%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, 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)
  • 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$243M79%
  • Individuals$50.5M17%
  • Corporations and businesses$8.0M2.6%
  • Charitable organizations$4.2M1.4%
Individual clients
135reported
HNW clients
78reported
Pension plan clients
n/areported
Charitable clients
7reported
Accounts
777reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Scott FinerCertified Financial PlannerSalem, MaJan 6, 200531 y0
Gary Michael CoonSalem, MaFeb 8, 201214 y0
Gina Marie GentiliniSalem, Ma Aug 3, 202623 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 headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Michael Gary Coon · Chief Compliance Officer/Senior Client Service Advisorcontrol
    since 09/2014 · owns less than 5%
  • Scott Michael Finer · President/Chief Executive Officer/Chief Investment Officercontrol
    since 12/1996 · owns 75% or more
  • George Stephen Anastos · Non-Executive
    since 01/2000 · owns 10% to 25%
Related persons
Schedule D 7.A
  • Finer Financial & Tax, Inc.
    insurancey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Salem, Ma · principal310
Offices
Schedule D 1.F, the 25 largest
  • Naples, FL2 employees
  • Scottsdale, AZ1 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Other offices · 3 to 4
    Mar 26, 2026 to Jul 2, 2026
  • Accounts · 763 to 777
    Jan 5, 2026 to Mar 26, 2026
  • Charity clients · unset to 7.0
    Jan 5, 2026 to Mar 26, 2026
  • Corporate clients · 23 to 57
    Jan 5, 2026 to Mar 26, 2026
  • HNW clients · 66 to 78
    Jan 5, 2026 to Mar 26, 2026
  • Individual clients · 178 to 135
    Jan 5, 2026 to Mar 26, 2026
  • Employees · 5 to 7
    Jan 5, 2026 to Mar 26, 2026
  • Discretionary RAUM · $250M to $306M
    Jan 5, 2026 to Mar 26, 2026
  • HNW RAUM · $186M to $243M
    Jan 5, 2026 to Mar 26, 2026
  • Individual RAUM · $50.4M to $50.5M
    Jan 5, 2026 to Mar 26, 2026
  • RAUM · $250M to $306M
    Jan 5, 2026 to Mar 26, 2026
  • Accounts · 750 to 763
    Mar 27, 2024 to Mar 27, 2025
  • Charity clients · 5.0 to unset
    Mar 27, 2024 to Mar 27, 2025
  • Corporate clients · 22 to 23
    Mar 27, 2024 to Mar 27, 2025
  • HNW clients · 49 to 66
    Mar 27, 2024 to Mar 27, 2025
  • Employees · 8 to 5
    Mar 27, 2024 to Mar 27, 2025
  • Financial planning clients · 11-25 to 26-50
    Mar 27, 2024 to Mar 27, 2025
  • Discretionary RAUM · $210M to $250M
    Mar 27, 2024 to Mar 27, 2025
  • HNW RAUM · $134M to $186M
    Mar 27, 2024 to Mar 27, 2025
  • Individual RAUM · $61.4M to $50.4M
    Mar 27, 2024 to Mar 27, 2025
  • RAUM · $210M to $250M
    Mar 27, 2024 to Mar 27, 2025
  • Accounts · 572 to 750
    Mar 29, 2023 to Mar 27, 2024
  • Advisory employees · 3 to 2
    Mar 29, 2023 to Mar 27, 2024
  • Corporate clients · 18 to 22
    Mar 29, 2023 to Mar 27, 2024
  • HNW clients · 45 to 49
    Mar 29, 2023 to Mar 27, 2024
  • Individual clients · 194 to 178
    Mar 29, 2023 to Mar 27, 2024
  • Employees · 9 to 8
    Mar 29, 2023 to Mar 27, 2024
  • Insurance-licensed employees · 1 to 0
    Mar 29, 2023 to Mar 27, 2024
  • State-registered IARs · 3 to 2
    Mar 29, 2023 to Mar 27, 2024
  • Discretionary RAUM · $166M to $210M
    Mar 29, 2023 to Mar 27, 2024
  • HNW RAUM · $101M to $134M
    Mar 29, 2023 to Mar 27, 2024
  • Individual RAUM · $53.7M to $61.4M
    Mar 29, 2023 to Mar 27, 2024
  • RAUM · $166M to $210M
    Mar 29, 2023 to Mar 27, 2024
  • Accounts · 614 to 572
    Mar 28, 2022 to Mar 29, 2023
  • Advisory employees · 2 to 3
    Mar 28, 2022 to Mar 29, 2023
  • Corporate clients · 15 to 18
    Mar 28, 2022 to Mar 29, 2023
  • HNW clients · 53 to 45
    Mar 28, 2022 to Mar 29, 2023
  • Individual clients · 152 to 194
    Mar 28, 2022 to Mar 29, 2023
  • Employees · 7 to 9
    Mar 28, 2022 to Mar 29, 2023
  • Insurance-licensed employees · 0 to 1
    Mar 28, 2022 to Mar 29, 2023
Signals
3 dated events
  • David L Henry left Finer Wealth Management, Inc. for Dhk Financial Advisors Inc (registered 2023-02-15)
    Nov 20, 2023 · Advisor changed firm · fact
  • Finer Wealth Management, Inc. filed its initial SEC registration (Form ADV)
    Jun 16, 2021 · First SEC registration · fact
  • Michael Gary Coon (Chief Compliance Officer/Senior Client Service Advisor) appeared on Schedule A of Finer Wealth Management, Inc.
    Jun 16, 2021 · Control person joined · fact
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/finer-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
Website
finertaxes.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
978-740-1011reportedpublic record, Form ADV, Jul 2, 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
$102Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026