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
Maple Capital Management, Inc.
Latest filing Aug 5, 2026
First filing on the tape Mar 20, 2012 · 32 filings
SEC status approved since Feb 20, 2004
RAUM
$2.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$2.4B individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$184M
derived; firm RAUM over IAPD count
Employees
27
27 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$2.6B as of Aug 5, 2026
Mar 20, 2012$393M then
HNW client RAUM$1.9B as of Aug 5, 2026
Mar 27, 2018$658M then
State-registered IARs (5.B.3)15 as of Aug 5, 2026
Mar 18, 20137 then
Employees (5.A)27 as of Aug 5, 2026
Mar 18, 201311 then
Private funds: no history
RAUM +18% over the last fiscal year+24% a year over threeIARs 14 to 15
Practice profile
derived from the filing of Aug 5, 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
- $184MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 112derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.9MderivedHNW RAUM over HNW clients
- Average account
- $720,750derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.9derivedItem 5.A over advisors
- Advisors per office
- 7.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +18%derivedbetween the last two annual amendments
- Advisor growth, one year
- +7.1%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +16%derived
- Compensation
- percentage of assetsreportedItem 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
- $979M, 708 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- 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 testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.9B74%
- Individuals$471M18%
- Corporations and businesses$119M4.6%
- Charitable organizations$55.6M2.2%
- Insurance companies$30.4M1.2%
- State and municipal entities$1.1M0.0%
- Individual clients
- 909reported
- HNW clients
- 654reported
- Pension plan clients
- 0reported
- Charitable clients
- 11reported
- Accounts
- 3,579reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- $979M for 708 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.92 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Ramsey A Luhr | Montpelier, Vt | Jun 30, 2004 | 24 y | 1 |
| Elizabeth Sarah Hinchliffe LewisChartered Financial Analyst | Montpelier, Vt | Feb 14, 2012 | 22 y | 0 |
| Debbie Lynne MontgomeryCertified Financial Planner | Marietta, Ga | Aug 15, 2016 | 37 y | 3 |
| Timothy James Wooster | Montpelier, Vt | Mar 7, 2018 | 10 y | 0 |
| Clayton Thomas ShiverChartered Financial Analyst | Marietta, Ga | Mar 27, 2020 | 16 y | 1 |
| Connor G Herbruck | Montpelier, Vt | Jul 19, 2022 | 10 y | 0 |
| David J Bosworth | Montpelier, Vt | Nov 2, 2022 | 27 y | 0 |
| Brody Jordan Hoffman | Montpelier, Vt | Dec 5, 2022 | 10 y | 0 |
| Miguel J Rivas | Alpharetta, Ga | Mar 3, 2025 | 11 y | 0 |
| Richard John LitchfieldChartered Financial Analyst | Montpelier, Vt | Nov 13, 2025 | 31 y | 0 |
| Caitlyn Wilkin | Montpelier, Vt | Feb 23, 2026 | 12 y | 0 |
| Thomas Wayne Rawlings | Montpelier, Vt | Jun 25, 2026 | 18 y | 1 |
| Fjolla Buza-Sotak | Montpelier, Vt | Jun 26, 2026 | 12 y | 1 |
| Timothy Ryan MazurczakChartered Financial Analyst | Montpelier, Vt | Sep 1, 2026 | 10 y | 0 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Evan Isaiah Pemberton to Hanson & Doremus Investment ManagementDec 11, 2023 · RIA to RIA
- Connor F Duffy to Morgan StanleyJul 27, 2022 · RIA to wirehouse
- Timothy Charles Escott to Buckhead Capital Management, LLCJan 27, 2020 · Other
Joined, latest
- Thomas Wayne Rawlings from O'Shaughnessy Asset Management, LLCJun 25, 2026 · Other
- Clayton Thomas Shiver from Stadion Money Management, LLCMar 27, 2020 · Other
- Connor F Duffy from Morgan StanleyJul 26, 2019 · Wirehouse to independent RIA
- Debbie Lynne Montgomery from Kovack Advisors, Inc.Aug 15, 2016 · Other
- Evan Isaiah Pemberton from Rock Point Advisors, LLCApr 14, 2015 · Other
- Timothy Charles Escott from Suntrust Investment Services, Inc.Sep 13, 2005 · Other
- Ramsey A Luhr from Nlg Capital LLCJun 30, 2004 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Teachout Courtright Beard · Operations Manager / Shareholder Chief Compliance Officercontrolsince 01/2020 · owns 5% to 10%
- Lawrence Steven Killoran · Executive Vice President & Shareholdercontrolsince 01/2014 · owns 5% to 10%
- Sarah Elizabeth Lewis · Portfolio Managementcontrolsince 01/2017 · owns 5% to 10%
- A Ramsey Luhr · President / Shareholdercontrolsince 12/2023 · owns 50% to 75%
- Wayne Thomas Rawlings · Chief Operating Officer / Chief Compliance Officercontrolsince 01/2024 · owns less than 5%
- Thompson Hilary Roper · Research Analyst / Shareholdercontrolsince 01/2019 · owns 5% to 10%
- John Richard Litchfield · Sr. Vp & Fixed Income Portfolio Managersince 01/2026 · owns 5% to 10%
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 |
|---|---|---|---|---|---|
| Montpelier, Vt · principal | 14 | 5 | 0 | ||
| Marietta, Ga | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Alpharetta, GA2 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Aug 5, 2026KILLORAN, STEVEN, LAWRENCE (EXECUTIVE VICE PRESIDENT & SHAREHOLDER) left Schedule A between the filings of 2024-01-31 and 2026-08-05peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 5, 2026Rawlings, Thomas, Wayne (CHIEF OPERATING OFFICER / CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-01-31 and 2026-08-05peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 3,069 to 3,579Mar 31, 2025 to Mar 27, 2026
- Advisory employees · 26 to 27Mar 31, 2025 to Mar 27, 2026
- Corporate clients · 15 to 18Mar 31, 2025 to Mar 27, 2026
- HNW clients · 549 to 654Mar 31, 2025 to Mar 27, 2026
- Individual clients · 803 to 909Mar 31, 2025 to Mar 27, 2026
- Assets in custody · $792M to $979MMar 31, 2025 to Mar 27, 2026
- Employees · 26 to 27Mar 31, 2025 to Mar 27, 2026
- State-registered IARs · 14 to 15Mar 31, 2025 to Mar 27, 2026
- Discretionary RAUM · $2.2B to $2.6BMar 31, 2025 to Mar 27, 2026
- HNW RAUM · $1.6B to $1.9BMar 31, 2025 to Mar 27, 2026
- Individual RAUM · $425M to $471MMar 31, 2025 to Mar 27, 2026
- RAUM · $2.2B to $2.6BMar 31, 2025 to Mar 27, 2026
- Accounts · 2,649 to 3,069Feb 4, 2025 to Mar 31, 2025
- Advisory employees · 23 to 26Feb 4, 2025 to Mar 31, 2025
- Corporate clients · 12 to 15Feb 4, 2025 to Mar 31, 2025
- HNW clients · 640 to 549Feb 4, 2025 to Mar 31, 2025
- Individual clients · 621 to 803Feb 4, 2025 to Mar 31, 2025
- Assets in custody · $720M to $792MFeb 4, 2025 to Mar 31, 2025
- Employees · 23 to 26Feb 4, 2025 to Mar 31, 2025
- Financial planning clients · 26-50 to 51-100Feb 4, 2025 to Mar 31, 2025
- State-registered IARs · 13 to 14Feb 4, 2025 to Mar 31, 2025
- Discretionary RAUM · $1.7B to $2.2BFeb 4, 2025 to Mar 31, 2025
- HNW RAUM · $1.3B to $1.6BFeb 4, 2025 to Mar 31, 2025
- Individual RAUM · $293M to $425MFeb 4, 2025 to Mar 31, 2025
- RAUM · $1.7B to $2.2BFeb 4, 2025 to Mar 31, 2025
- Accounts · 2,394 to 2,649Jan 31, 2024 to Mar 28, 2024
- Advisory employees · 22 to 23Jan 31, 2024 to Mar 28, 2024
- Charity clients · 12 to 11Jan 31, 2024 to Mar 28, 2024
- HNW clients · 554 to 640Jan 31, 2024 to Mar 28, 2024
- Individual clients · 491 to 621Jan 31, 2024 to Mar 28, 2024
- Assets in custody · $496M to $720MJan 31, 2024 to Mar 28, 2024
- Employees · 22 to 23Jan 31, 2024 to Mar 28, 2024
- State-registered IARs · 12 to 13Jan 31, 2024 to Mar 28, 2024
- Discretionary RAUM · $1.4B to $1.7BJan 31, 2024 to Mar 28, 2024
- HNW RAUM · $1.0B to $1.3BJan 31, 2024 to Mar 28, 2024
- Individual RAUM · $220M to $293MJan 31, 2024 to Mar 28, 2024
- RAUM · $1.4B to $1.7BJan 31, 2024 to Mar 28, 2024
- Accounts · 2,168 to 2,394Mar 17, 2022 to Mar 31, 2023
- HNW clients · 396 to 554Mar 17, 2022 to Mar 31, 2023
- Individual clients · 552 to 491Mar 17, 2022 to Mar 31, 2023
Signals
7 dated events
- Maple Capital Management, Inc. reported RAUM $2.2B, up 27% from $1.7B (2025-02-04 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- Maple Capital Management, Inc. reported RAUM $1.7B, up 26% from $1.4B (2024-01-31 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- Wayne Thomas Rawlings (Chief Operating Officer / Chief Compliance Officer) appeared on Schedule A of Maple Capital Management, Inc.Jan 31, 2024 · Control person joined · fact
- Evan Isaiah Pemberton left Maple Capital Management, Inc. for Hanson & Doremus Investment Management (registered 2024-01-24)Dec 11, 2023 · Advisor changed firm · fact
- Connor F Duffy left Maple Capital Management, Inc. for Morgan Stanley (registered 2022-06-29)Jul 27, 2022 · Advisor changed firm · fact
- Maple Capital Management, Inc. reported RAUM $1.3B, up 26% from $1.0B (2020-06-30 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Thomas John Boland (President) no longer on Schedule A of Maple Capital Management, Inc. (listed 2018-12-13, absent 2019-04-01)Apr 1, 2019 · 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
- Business phone
- 800-255-9946reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 802-229-2838reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 802-229-2837reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/maple-capital-managementreportedpublic record, Form ADV, Sep 17, 2026
- Website
- MAPLECAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 802-229-2838reportedpublic record, Form ADV, Aug 5, 2026
- Team page
- maplecapital.com/who-we-arereportedpublished 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
- $184Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026