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
North Shore Private Asset Management, LLC
Latest filing Mar 30, 2026
First filing on the tape Mar 27, 2012 · 29 filings
SEC status approved since Apr 17, 2015
RAUM
$573M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
60%
$344M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$143M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$573M as of Mar 30, 2026
Mar 27, 2012$79.4M then
HNW client RAUM$293M as of Mar 30, 2026
Mar 30, 2018$151M then
State-registered IARs (5.B.3)4 as of Mar 30, 2026
Mar 27, 20120 then
Employees (5.A)4 as of Mar 30, 2026
Mar 28, 20164 then
Private funds: no history
RAUM +21% over the last fiscal year+18% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 30, 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
- RAUM per advisor
- $143MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 52derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $1.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 31%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +8.9%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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$293M53%
- State and municipal entities$179M32%
- Individuals$50.8M9.1%
- Corporations and businesses$33.4M6.0%
- Individual clients
- 80reported
- HNW clients
- 128reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 449reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.6 fund_share=0.0 institutional_share=0.31 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| David H MelsheimerChartered Financial Analyst | Lake Forest, Il | Jul 3, 2012 | 22 y | 3 |
| Mark Francis Saran | Lake Forest, Il | Apr 8, 2015 | 45 y | 5 |
| William Newton Gregg | Lake Forest, Il | Jul 8, 2016 | 37 y | 5 |
| Mark Francis Saran | Lake Forest, Il | Apr 24, 2023 | 13 y | 3 |
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 headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Mark Francis Saran from Neuberger Berman Bd LLCApr 24, 2023 · Other
- William Newton Gregg from Great Lakes Advisors, LLCJul 8, 2016 · Other
- Mark Francis Saran from Raymond James & Associates, Inc.Apr 8, 2015 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- H David Melsheimer · President And Chief Investment Officer And Chief Compliance Officercontrolsince 01/2004 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Lake Forest, Il · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 428 to 449Mar 29, 2025 to Mar 30, 2026
- HNW clients · 111 to 128Mar 29, 2025 to Mar 30, 2026
- Discretionary RAUM · $473M to $571MMar 29, 2025 to Mar 30, 2026
- HNW RAUM · $265M to $293MMar 29, 2025 to Mar 30, 2026
- Individual RAUM · $19.9M to $50.8MMar 29, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $1.2M to $1.2MMar 29, 2025 to Mar 30, 2026
- RAUM · $475M to $573MMar 29, 2025 to Mar 30, 2026
- Accounts · 424 to 428Mar 30, 2024 to Mar 29, 2025
- HNW clients · 159 to 111Mar 30, 2024 to Mar 29, 2025
- Individual clients · 70 to 80Mar 30, 2024 to Mar 29, 2025
- Employees · 5 to 4Mar 30, 2024 to Mar 29, 2025
- Financial planning clients · 0 to 0Mar 30, 2024 to Mar 29, 2025
- Discretionary RAUM · $395M to $473MMar 30, 2024 to Mar 29, 2025
- HNW RAUM · $249M to $265MMar 30, 2024 to Mar 29, 2025
- Individual RAUM · $17.7M to $19.9MMar 30, 2024 to Mar 29, 2025
- Non-discretionary RAUM · $0 to $1.2MMar 30, 2024 to Mar 29, 2025
- RAUM · $395M to $475MMar 30, 2024 to Mar 29, 2025
- Accounts · 352 to 424Sep 8, 2023 to Mar 30, 2024
- Advisory employees · 3 to 4Sep 8, 2023 to Mar 30, 2024
- HNW clients · 114 to 159Sep 8, 2023 to Mar 30, 2024
- Individual clients · 52 to 70Sep 8, 2023 to Mar 30, 2024
- Employees · 4 to 5Sep 8, 2023 to Mar 30, 2024
- Discretionary RAUM · $349M to $395MSep 8, 2023 to Mar 30, 2024
- HNW RAUM · $222M to $249MSep 8, 2023 to Mar 30, 2024
- Individual RAUM · $16.0M to $17.7MSep 8, 2023 to Mar 30, 2024
- RAUM · $349M to $395MSep 8, 2023 to Mar 30, 2024
- Accounts · 354 to 352Mar 30, 2022 to Mar 31, 2023
- HNW clients · 106 to 114Mar 30, 2022 to Mar 31, 2023
- Individual clients · 53 to 52Mar 30, 2022 to Mar 31, 2023
- State-registered IARs · 3 to 4Mar 30, 2022 to Mar 31, 2023
- Discretionary RAUM · $305M to $349MMar 30, 2022 to Mar 31, 2023
- HNW RAUM · $218M to $222MMar 30, 2022 to Mar 31, 2023
- Individual RAUM · $15.8M to $16.0MMar 30, 2022 to Mar 31, 2023
- RAUM · $305M to $349MMar 30, 2022 to Mar 31, 2023
- Accounts · 340 to 354Apr 1, 2021 to Mar 30, 2022
- HNW clients · 92 to 106Apr 1, 2021 to Mar 30, 2022
- Individual clients · 64 to 53Apr 1, 2021 to Mar 30, 2022
- Discretionary RAUM · $329M to $305MApr 1, 2021 to Mar 30, 2022
- HNW RAUM · $203M to $218MApr 1, 2021 to Mar 30, 2022
- Individual RAUM · $23.2M to $15.8MApr 1, 2021 to Mar 30, 2022
Signals
1 dated events
- North Shore Private Asset Management, Llc filed its initial SEC registration (Form ADV)Apr 8, 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.
How to reach
public business contact points only, each with its source
- Business phone
- 888-375-4918reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/NORTH-SHORE-PRIVATE-ASSET-MANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
- Website
- NSPRIVATEAM.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 888-375-4918reportedpublic record, Form ADV, Mar 30, 2026
- Contact form
- nsprivateam.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- nsprivateam.com/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
- $143Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026