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

B••••• L••••••••• I••

Independent wealth managerProvidence, Rhode IslandCRD 1331SEC 801-121156websiteIAPD
Legal name B••••• L••••••••• I•••
Latest filing Jun 26, 2026
First filing on the tape Apr 6, 2021 · 13 filings
SEC status approved since May 6, 2021
RAUM
$487M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
98%
$477M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$60.9M
derived; firm RAUM over IAPD count
Employees
13
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$487M as of Jun 26, 2026
Mar 8, 2022$264M then
HNW client RAUM$421M as of Jun 26, 2026
Mar 8, 2022$228M then
State-registered IARs (5.B.3)8 as of Jun 26, 2026
Mar 8, 20227 then
Employees (5.A)13 as of Jun 26, 2026
Mar 8, 202212 then
Private funds: no history
RAUM +18% over the last fiscal year+27% a year over threeIARs 7 to 8
Practice profile
derived from the filing of Jun 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$60.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
28derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.9MderivedHNW RAUM over HNW clients
Average account
$994,529derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
8.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+14%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.3%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
$487MreportedItem 5.I
Custody
$184M, 100 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
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$421M86%
  • Individuals$55.7M11%
  • Corporations and businesses$10.5M2.1%
Individual clients
119reported
HNW clients
107reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
490reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$184M for 100 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=8.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••• S••••• L••••Providence, RiNov 10, 200631 y1
M•••• A•• T••••••••• P•••••Providence, RiNov 10, 200630 y1
J••••• H••• M•••••Certified Financial PlannerProvidence, RiMay 8, 200733 y0
D•••• A•••••• I•••Providence, RiMay 25, 200736 y0
L•••• G••••• M•••••Providence, RiJul 5, 200742 y0
M••• H••••••• C•••••Providence, RiSep 15, 200923 y0
C••••••• B•••••• T••••Providence, RiNov 28, 201235 y0
N•••••••• B••••••• H•••Certified Financial PlannerProvidence, RiFeb 17, 202622 y4
Advisor movement
0 left, 1 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • I•••• D•••• A•••••• · President; Secretary; Treasurer; Chief Compliance Officercontrol
    since 01/1997 · owns 10% to 25%
  • L••••• S•••• S••••• · Vice Presidentcontrol
    since 01/2008 · owns 10% to 25%
  • M••••••••• J••• A••••• · Vice Presidentcontrol
    since 01/1997 · owns 10% to 25%
  • M•••••• J••••• H••• J• · Vice Presidentcontrol
    since 01/2011 · owns 10% to 25%
  • M•••••• L•••• G••••• J• · Vice Presidentcontrol
    since 01/2001 · owns 10% to 25%
  • T••••• C••••••• B•••••• J• · Vice Presidentcontrol
    since 01/2022 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Providence, Ri · principal810
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 445 to 490
    Mar 3, 2025 to Mar 10, 2026
  • Advisory employees · 7 to 8
    Mar 3, 2025 to Mar 10, 2026
  • BD registered reps · 7 to 8
    Mar 3, 2025 to Mar 10, 2026
  • Corporate clients · 9 to 12
    Mar 3, 2025 to Mar 10, 2026
  • HNW clients · 117 to 107
    Mar 3, 2025 to Mar 10, 2026
  • Individual clients · 106 to 119
    Mar 3, 2025 to Mar 10, 2026
  • Assets in custody · $158M to $184M
    Mar 3, 2025 to Mar 10, 2026
  • Employees · 12 to 13
    Mar 3, 2025 to Mar 10, 2026
  • State-registered IARs · 7 to 8
    Mar 3, 2025 to Mar 10, 2026
  • Discretionary RAUM · $408M to $481M
    Mar 3, 2025 to Mar 10, 2026
  • HNW RAUM · $355M to $421M
    Mar 3, 2025 to Mar 10, 2026
  • Individual RAUM · $50.3M to $55.7M
    Mar 3, 2025 to Mar 10, 2026
  • Non-discretionary RAUM · $6.5M to $6.7M
    Mar 3, 2025 to Mar 10, 2026
  • RAUM · $415M to $487M
    Mar 3, 2025 to Mar 10, 2026
  • Accounts · 385 to 445
    Feb 13, 2024 to Mar 3, 2025
  • Corporate clients · 10 to 9
    Feb 13, 2024 to Mar 3, 2025
  • HNW clients · 94 to 117
    Feb 13, 2024 to Mar 3, 2025
  • Individual clients · 93 to 106
    Feb 13, 2024 to Mar 3, 2025
  • Assets in custody · $66.8M to $158M
    Feb 13, 2024 to Mar 3, 2025
  • Financial planning clients · 0 to 0
    Feb 13, 2024 to Mar 3, 2025
  • Discretionary RAUM · $337M to $408M
    Feb 13, 2024 to Mar 3, 2025
  • HNW RAUM · $298M to $355M
    Feb 13, 2024 to Mar 3, 2025
  • Individual RAUM · $41.7M to $50.3M
    Feb 13, 2024 to Mar 3, 2025
  • Non-discretionary RAUM · $5.9M to $6.5M
    Feb 13, 2024 to Mar 3, 2025
  • RAUM · $343M to $415M
    Feb 13, 2024 to Mar 3, 2025
  • Accounts · 307 to 385
    May 31, 2023 to Feb 13, 2024
  • Corporate clients · unset to 10.0
    May 31, 2023 to Feb 13, 2024
  • HNW clients · 73 to 94
    May 31, 2023 to Feb 13, 2024
  • Individual clients · 92 to 93
    May 31, 2023 to Feb 13, 2024
  • Assets in custody · $50.6M to $66.8M
    May 31, 2023 to Feb 13, 2024
  • Discretionary RAUM · $232M to $337M
    May 31, 2023 to Feb 13, 2024
  • HNW RAUM · $204M to $298M
    May 31, 2023 to Feb 13, 2024
  • Individual RAUM · $34.1M to $41.7M
    May 31, 2023 to Feb 13, 2024
  • Non-discretionary RAUM · $6.6M to $5.9M
    May 31, 2023 to Feb 13, 2024
  • RAUM · $239M to $343M
    May 31, 2023 to Feb 13, 2024
  • Accounts · 142 to 307
    Nov 1, 2022 to Mar 9, 2023
  • HNW clients · 67 to 73
    Nov 1, 2022 to Mar 9, 2023
  • Individual clients · 72 to 92
    Nov 1, 2022 to Mar 9, 2023
  • Assets in custody · $40.7M to $50.6M
    Nov 1, 2022 to Mar 9, 2023
  • Discretionary RAUM · $255M to $232M
    Nov 1, 2022 to Mar 9, 2023
Signals
3 dated events
  • B••••• L••••••••• I•• reported RAUM $342.8M, up 44% from $238.8M (2023-05-31 to 2024-02-13)
    Feb 13, 2024 · RAUM change · derived
  • Clifford Burrell Jr Tracy (Vice President) appeared on Schedule A of B••••• L••••••••• I••
    Mar 8, 2022 · Control person joined · fact
  • B••••• L••••••••• I•• filed its initial SEC registration (Form ADV)
    Apr 6, 2021 · 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 email
info@brownlc.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
jknowles@brownlc.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
jmarginson@brownlc.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
401-421-8900reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
800-457-4293reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
401-521-2960reportedpublished by the firm, firm site, Sep 15, 2026
Website
B••••LC.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
401-421-8900reportedpublic record, Form ADV, Jun 26, 2026
Team page
BROWNLC.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
$60.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026