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.

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SEC-registered adviser

U•• M•••••• A•••••••• I•••

Asset manager (funds and pooled vehicles)Concord, MassachusettsCRD 131750SEC 801-63216websiteIAPD
Latest filing Feb 10, 2026
First filing on the tape Oct 2, 2012 · 30 filings
SEC status approved since May 20, 2004
RAUM
$73.7M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$73.7M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$73.7M as of Feb 10, 2026
Oct 2, 2012$113M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Feb 10, 2026
Oct 2, 20120 then
Employees (5.A)2 as of Feb 10, 2026
Sep 30, 20133 then
Private funds: no history
RAUM -16% over the last fiscal year-4.5% a year over threeIARs 2 to 0
Practice profile
derived from the filing of Feb 10, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$73.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$36.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-16%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 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)
  • 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
  • Investment companies$73.7M100%
Individual clients
n/areported
HNW clients
n/areported
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 AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
P••• C•••• S••••••Wayland, Ma Sep 23, 202013 y4
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••• R•••••• L•••• · Cfocontrol
    since 06/2020 · owns less than 5%
  • S••••••• P•••• C•••• · Presidentcontrol
    since 06/2021 · owns 10% to 25%
  • S••••• R••••••• A••••• · Shareholdercontrol
    since 06/1994 · owns 50% to 75% of M••••• Capital A•••••••
  • C••••• A•••••• P••• · Chief Compliance Officer
    since 08/2022 · owns less than 5%
Entity owners
  • M••••• C•••••• A•••••••• I•• · Stockholder
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Employees · 3 to 2
    Sep 26, 2025 to Feb 10, 2026
  • HQ city · DALLAS to CONCORD
    Sep 26, 2025 to Feb 10, 2026
  • HQ state · TX to MA
    Sep 26, 2025 to Feb 10, 2026
  • State-registered IARs · 1 to 0
    Sep 26, 2025 to Feb 10, 2026
  • BD registered reps · 1 to 0
    Feb 3, 2025 to Sep 26, 2025
  • Employees · 4 to 3
    Feb 3, 2025 to Sep 26, 2025
  • State-registered IARs · 2 to 1
    Feb 3, 2025 to Sep 26, 2025
  • Discretionary RAUM · $87.4M to $73.7M
    Feb 3, 2025 to Sep 26, 2025
  • RAUM · $87.4M to $73.7M
    Feb 3, 2025 to Sep 26, 2025
  • Financial planning clients · unset to
    Sep 18, 2024 to Feb 3, 2025
  • BD registered reps · 0 to 1
    Sep 6, 2023 to Sep 18, 2024
  • Discretionary RAUM · $104M to $87.4M
    Sep 6, 2023 to Sep 18, 2024
  • RAUM · $104M to $87.4M
    Sep 6, 2023 to Sep 18, 2024
  • BD registered reps · 1 to 0
    Sep 28, 2022 to Sep 6, 2023
  • Employees · 2 to 4
    Sep 28, 2022 to Sep 6, 2023
  • State-registered IARs · 1 to 2
    Sep 28, 2022 to Sep 6, 2023
  • Discretionary RAUM · $84.8M to $104M
    Sep 28, 2022 to Sep 6, 2023
  • RAUM · $84.8M to $104M
    Sep 28, 2022 to Sep 6, 2023
  • Discretionary RAUM · $124M to $84.8M
    Sep 29, 2021 to Sep 28, 2022
  • RAUM · $124M to $84.8M
    Sep 29, 2021 to Sep 28, 2022
  • Advisory employees · 3 to 2
    Sep 29, 2020 to Sep 29, 2021
  • BD registered reps · 5 to 1
    Sep 29, 2020 to Sep 29, 2021
  • Employees · 6 to 2
    Sep 29, 2020 to Sep 29, 2021
  • Insurance-licensed employees · 1 to 0
    Sep 29, 2020 to Sep 29, 2021
  • State-registered IARs · 5 to 1
    Sep 29, 2020 to Sep 29, 2021
  • Other offices · 1 to 0
    Sep 29, 2020 to Sep 29, 2021
  • Discretionary RAUM · $185M to $124M
    Sep 29, 2020 to Sep 29, 2021
  • RAUM · $185M to $124M
    Sep 29, 2020 to Sep 29, 2021
  • BD registered reps · 3 to 5
    Sep 23, 2020 to Sep 29, 2020
  • Employees · 8 to 6
    Sep 23, 2020 to Sep 29, 2020
  • Insurance-licensed employees · 0 to 1
    Sep 23, 2020 to Sep 29, 2020
  • State-registered IARs · 3 to 5
    Sep 23, 2020 to Sep 29, 2020
  • Other offices · 0 to 1
    Sep 23, 2020 to Sep 29, 2020
  • Accounts · 3 to 2
    Jul 6, 2020 to Sep 23, 2020
  • Discretionary RAUM · $252M to $185M
    Jul 6, 2020 to Sep 23, 2020
  • RAUM · $252M to $185M
    Jul 6, 2020 to Sep 23, 2020
  • Other offices · 1 to 0
    Dec 2, 2019 to Jun 18, 2020
  • Accounts · 1 to 3
    Mar 13, 2018 to Sep 4, 2018
  • Advisory employees · 2 to 3
    Mar 13, 2018 to Sep 4, 2018
  • BD registered reps · 0 to 3
    Mar 13, 2018 to Sep 4, 2018
Signals
13 dated events
  • Dianne Descoteaux (Chief Compliance Officer) no longer on Schedule A of U•• M•••••• A•••••••• I••• (listed 2021-09-29, absent 2022-09-28)
    Sep 28, 2022 · Control person left · inference
  • Conde Paul Strehle (President) appeared on Schedule A of U•• M•••••• A•••••••• I•••
    Sep 29, 2021 · Control person joined · fact
  • Lee Jeffrey Bottom (President) no longer on Schedule A of U•• M•••••• A•••••••• I••• (listed 2020-09-29, absent 2021-09-29)
    Sep 29, 2021 · Control person left · inference
  • S••••• N•••••••• G••••• (Coo) no longer on Schedule A of U•• M•••••• A•••••••• I••• (listed 2020-09-29, absent 2021-09-29)
    Sep 29, 2021 · Control person left · inference
  • S••••• N•••••••• G••••• (Coo) appeared on Schedule A of U•• M•••••• A•••••••• I•••
    Sep 29, 2020 · Control person joined · fact
  • Lance Robert Baker (Cfo) appeared on Schedule A of U•• M•••••• A•••••••• I•••
    Sep 29, 2020 · Control person joined · fact
  • Francis Guy Talarico (Chief Compliance Officer) no longer on Schedule A of U•• M•••••• A•••••••• I••• (listed 2020-06-18, absent 2020-07-06)
    Jul 6, 2020 · Control person left · inference
  • Dianne Descoteaux (Chief Compliance Officer) appeared on Schedule A of U•• M•••••• A•••••••• I•••
    Jul 6, 2020 · Control person joined · fact
  • Norman Michael Loukas (President) no longer on Schedule A of U•• M•••••• A•••••••• I••• (listed 2019-04-02, absent 2019-09-18)
    Sep 18, 2019 · Control person left · inference
  • Lea J••••• F••••••• (Chief Operating Officer) no longer on Schedule A of U•• M•••••• A•••••••• I••• (listed 2019-04-02, absent 2019-09-18)
    Sep 18, 2019 · Control person left · inference
  • Lee Jeffrey Bottom (President) appeared on Schedule A of U•• M•••••• A•••••••• I•••
    Sep 18, 2019 · Control person joined · fact
  • Ann Marie Swanson (Chief Compliance Officer) no longer on Schedule A of U•• M•••••• A•••••••• I••• (listed 2019-02-04, absent 2019-04-02)
    Apr 2, 2019 · Control person left · inference
  • Francis Guy Talarico (Chief Compliance Officer) appeared on Schedule A of U•• M•••••• A•••••••• I•••
    Apr 2, 2019 · 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/usa-mutualsreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(312) 714-5596reportedpublic record, Form ADV, Feb 10, 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
Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
RAUM per advisor
$73.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026