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S••• F•••••••• M••••••••• L••

Independent wealth managerSEC-registeredwebsite

Independent wealth manager, reporting $97.6M of regulatory assets across 3 registered advisors.

Composed from this adviser's Form ADV classification, location and filed figures.

Regulatory AUM
$97.6M
Form ADV
Advisors
3
IAPD
Net advisor flow, 12 months
0 (0 in, 0 out)
IAPD registration history
RAUM change, last fiscal year
-1.1%
Form ADV, consecutive annual filings
Private clients
100% of RAUM, $97.6M
Form ADV
As of · the latest Form ADV filing; advisor counts and movement are read from IAPD daily
Every filed figure, and the identifiersCRD 131068 · SEC 801-63360 · 37 filingsShow
CRD 131068SEC 801-63360First filing on the tape Feb 3, 2012, latest Mar 28, 2026SEC status approved since Jul 23, 2004IAPD
RAUM
$97.6M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$97.6M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$32.5M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$97.6M as of Mar 28, 2026
Mar 5, 2012$126M then
HNW client RAUM$92.4M as of Mar 28, 2026
Feb 16, 2018$44.7M then
State-registered IARs (5.B.3)3 as of Mar 28, 2026
Mar 18, 20130 then
Employees (5.A)4 as of Mar 28, 2026
Mar 18, 20133 then
Private funds1 as of Feb 28, 2020
Mar 5, 20121 then
RAUM -1.1% over the last fiscal year+0.1% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 28, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
$32.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
17derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$691,974derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-1.1%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.0%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Custody
$22,218, 1 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$92.4M95%
  • Individuals$5.2M5.3%
Individual clients
15reported
HNW clients
35reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
141reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$22,218 for 1 clientsreported
Compensation
% of AUMreported
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
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
I•••• C•••••••• H••••Watermill, Ny Jun 15, 201613 y1
M•••••• S•••Watermill, NyMar 23, 202129 y0
M••• S•••Watermill, NyMar 30, 202128 y1
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
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
S••• F••• O••• L••no longer reportedHedge Fund$77.1M57Feb 3, 2012
Owners and control persons
Schedule A and B, latest filing
  • S•••• M••• · Chief Compliance Officercontrol
    since 03/2013 · owns less than 5%
  • S•••• M•••••• · Managing Membercontrol
    since 03/2004 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Watermill, Ny300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 148 to 141
    Mar 12, 2025 to Mar 28, 2026
  • HNW clients · 36 to 35
    Mar 12, 2025 to Mar 28, 2026
  • Individual clients · 13 to 15
    Mar 12, 2025 to Mar 28, 2026
  • Assets in custody · $87,297 to $22,218
    Mar 12, 2025 to Mar 28, 2026
  • Discretionary RAUM · $98.6M to $97.6M
    Mar 12, 2025 to Mar 28, 2026
  • HNW RAUM · $95.1M to $92.4M
    Mar 12, 2025 to Mar 28, 2026
  • Individual RAUM · $3.5M to $5.2M
    Mar 12, 2025 to Mar 28, 2026
  • RAUM · $98.6M to $97.6M
    Mar 12, 2025 to Mar 28, 2026
  • Accounts · 155 to 148
    Mar 17, 2024 to Mar 12, 2025
  • HNW clients · 38 to 36
    Mar 17, 2024 to Mar 12, 2025
  • Individual clients · 18 to 13
    Mar 17, 2024 to Mar 12, 2025
  • Assets in custody · $156,753 to $87,297
    Mar 17, 2024 to Mar 12, 2025
  • Financial planning clients · unset to
    Mar 17, 2024 to Mar 12, 2025
  • HQ city · unset to
    Mar 17, 2024 to Mar 12, 2025
  • HQ state · unset to
    Mar 17, 2024 to Mar 12, 2025
  • Discretionary RAUM · $89.1M to $98.6M
    Mar 17, 2024 to Mar 12, 2025
  • HNW RAUM · $84.5M to $95.1M
    Mar 17, 2024 to Mar 12, 2025
  • Individual RAUM · $4.6M to $3.5M
    Mar 17, 2024 to Mar 12, 2025
  • RAUM · $89.1M to $98.6M
    Mar 17, 2024 to Mar 12, 2025
  • Accounts · 177 to 155
    Mar 23, 2023 to Mar 17, 2024
  • HNW clients · 46 to 38
    Mar 23, 2023 to Mar 17, 2024
  • Individual clients · 20 to 18
    Mar 23, 2023 to Mar 17, 2024
  • Assets in custody · $2.8M to $156,753
    Mar 23, 2023 to Mar 17, 2024
  • Other offices · 1 to 0
    Mar 23, 2023 to Mar 17, 2024
  • Discretionary RAUM · $97.4M to $89.1M
    Mar 23, 2023 to Mar 17, 2024
  • HNW RAUM · $91.7M to $84.5M
    Mar 23, 2023 to Mar 17, 2024
  • Individual RAUM · $5.7M to $4.6M
    Mar 23, 2023 to Mar 17, 2024
  • RAUM · $97.4M to $89.1M
    Mar 23, 2023 to Mar 17, 2024
  • Accounts · 191 to 177
    Dec 13, 2022 to Mar 9, 2023
  • HNW clients · 68 to 46
    Dec 13, 2022 to Mar 9, 2023
  • Individual clients · 24 to 20
    Dec 13, 2022 to Mar 9, 2023
  • Assets in custody · unset to 2756919.0
    Dec 13, 2022 to Mar 9, 2023
  • Custody of client assets · false to true
    Dec 13, 2022 to Mar 9, 2023
  • Discretionary RAUM · $114M to $97.4M
    Dec 13, 2022 to Mar 9, 2023
  • HNW RAUM · $99.5M to $91.7M
    Dec 13, 2022 to Mar 9, 2023
  • Individual RAUM · $7.3M to $5.7M
    Dec 13, 2022 to Mar 9, 2023
  • RAUM · $114M to $97.4M
    Dec 13, 2022 to Mar 9, 2023
  • Accounts · 188 to 191
    Mar 4, 2021 to Mar 15, 2022
  • HNW clients · 55 to 68
    Mar 4, 2021 to Mar 15, 2022
  • Individual clients · 21 to 24
    Mar 4, 2021 to Mar 15, 2022
Signals
1 dated events
  • ••• Locked
    Jan 2, 2014 · Succession (Item 4) · 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
••• Lockedreportedpublished by the firm, firm site, Sep 16, 2026
Website
••• Lockedreportedpublic record, Form ADV, Mar 28, 2026
Principal office phone
••• Lockedreportedpublic record, Form ADV, Mar 28, 2026
Contact form
••• Lockedreportedpublished by the firm, firm site, Sep 16, 2026
Team page
••• Lockedreportedpublished by the firm, firm site, Sep 16, 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
$32.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026