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.

Former SEC-registered adviser

Tpw Financial

Former SEC-registered adviserNewton, MassachusettsCRD 132797SEC 801-63724IAPD
Legal name The Program Works, Inc.
Latest filing Apr 29, 2015
First filing on the tape Mar 26, 2012 · 6 filings
RAUM
$261M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$261M as of Feb 19, 2015
Mar 26, 2012$243M then
HNW client RAUM: no history
State-registered IARs (5.B.3)2 as of Feb 19, 2015
Mar 26, 20120 then
Employees (5.A)3 as of Feb 19, 2015
Mar 25, 20134 then
Private funds: no history
RAUM -6.2% over the last fiscal year+2.3% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Apr 29, 2015; every figure names its basis
RAUM per advisor
$130MderivedRAUM 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
$698,774derivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-6.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 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
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
373reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Raghavan Chitra Staley · Chief Compliance Officercontrol
      since 10/2004 · owns less than 5%
    • Brooks Indra Jonathan Staley · Co-Trusteecontrol
      since 12/2012 · owns less than 5%
    • Harrison Jonathan Staley · Chairmancontrol
      since 11/1990 · owns less than 5%
    • Krishna Storm Staley · Co-Trusteecontrol
      since 12/2012 · owns less than 5%
    • Brooks Indra Jonathan Staley · Co-Trusteecontrol
      since 12/2012 · owns F of Chitra Staley Subchapter S Trust
    • Krishna Storm Staley · Co-Trusteecontrol
      since 12/2012 · owns F of Chitra Staley Subchapter S Trust
    Entity owners
    • Chitra Staley Subchapter S Trust · Owner
      direct · owns 75% or more
    • Chitra Staley Subchapter S Trust · Owner
      indirect · owns F of Tpw Financial, Inc.
    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
    • Accounts · 369 to 373
      Mar 24, 2014 to Feb 19, 2015
    • Business name · TPW FINANCIAL, INC. to TPW FINANCIAL
      Mar 24, 2014 to Feb 19, 2015
    • Financial planning clients · 26-50 to 0
      Mar 24, 2014 to Feb 19, 2015
    • Discretionary RAUM · $248M to $247M
      Mar 24, 2014 to Feb 19, 2015
    • Non-discretionary RAUM · $30.0M to $13.8M
      Mar 24, 2014 to Feb 19, 2015
    • RAUM · $278M to $261M
      Mar 24, 2014 to Feb 19, 2015
    • Accounts · 280 to 369
      Aug 9, 2013 to Mar 24, 2014
    • Advisory employees · 1 to 2
      Aug 9, 2013 to Mar 24, 2014
    • Employees · 4 to 3
      Aug 9, 2013 to Mar 24, 2014
    • State-registered IARs · 1 to 2
      Aug 9, 2013 to Mar 24, 2014
    • Discretionary RAUM · $221M to $248M
      Aug 9, 2013 to Mar 24, 2014
    • Non-discretionary RAUM · $3.0M to $30.0M
      Aug 9, 2013 to Mar 24, 2014
    • RAUM · $224M to $278M
      Aug 9, 2013 to Mar 24, 2014
    • Accounts · 224 to 280
      Mar 26, 2012 to Mar 25, 2013
    • Advisory employees · unset to 1.0
      Mar 26, 2012 to Mar 25, 2013
    • Employees · unset to 4.0
      Mar 26, 2012 to Mar 25, 2013
    • Insurance-licensed employees · 1 to 0
      Mar 26, 2012 to Mar 25, 2013
    • State-registered IARs · 0 to 1
      Mar 26, 2012 to Mar 25, 2013
    • Discretionary RAUM · $210M to $221M
      Mar 26, 2012 to Mar 25, 2013
    • Non-discretionary RAUM · $32.9M to $3.0M
      Mar 26, 2012 to Mar 25, 2013
    • RAUM · $243M to $224M
      Mar 26, 2012 to Mar 25, 2013
    Signals
    No event on the tape.
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026