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

New England Private Wealth Advisors, LLC

Independent wealth managerWellesley, MassachusettsCRD 133790SEC 801-63830websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 30, 2012 · 23 filings
SEC status approved since Jan 27, 2005
RAUM
$5.1B
reported, Item 5.F
Discretionary
75%
of RAUM
Private clients
60%
$3.1B individuals and HNW
Advisors
12
registered through the firm on IAPD
RAUM per advisor
$424M
derived; firm RAUM over IAPD count
Employees
21
10 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$5.1B as of Mar 27, 2026
Mar 30, 2012$682M then
HNW client RAUM$3.0B as of Mar 27, 2026
Mar 29, 2018$1.1B then
State-registered IARs (5.B.3)9 as of Mar 27, 2026
Mar 30, 20120 then
Employees (5.A)21 as of Mar 27, 2026
Apr 1, 201312 then
Private funds: no history
RAUM +70% over the last fiscal year+29% a year over threeIARs 8 to 9offices 1 to 2
Practice profile
derived from the filing of Mar 27, 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
RAUM per advisor
$424MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
31derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$9.0MderivedHNW RAUM over HNW clients
Average account
$1.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
75%derivedof RAUM
Institutional
39%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
4.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+70%derivedbetween the last two annual amendments
Advisor growth, one year
+13%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.7%derived
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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$3.0B60%
  • Charitable organizations$1.9B37%
  • Pension and profit-sharing plans$134M2.6%
  • Individuals$24.8M0.5%
  • Corporations and businesses$6.3M0.1%
Individual clients
38reported
HNW clients
338reported
Pension plan clients
n/areported
Charitable clients
58reported
Accounts
3,111reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.6 fund_share=0.0 institutional_share=0.39 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
12 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Melissa Griffin BoccaciCertified Financial Planner, Chartered Financial ConsultantWellesley, MaJul 2, 200724 y0
Ira Gene RapaportCertified Financial Planner, Personal Financial SpecialistWellesley, Ma Jul 16, 200724 y1
Sara Beth ShoresCertified Financial PlannerWellesley, MaAug 13, 200719 y0
Caitlin Shelagh PolsonCertified Financial PlannerWellesley, MaJan 25, 201218 y0
Jeremy Seth SandlerCertified Financial PlannerWellesley, MaJul 1, 201422 y2
Sarah Jane LewisCertified Financial PlannerWellesley, MaApr 4, 201711 y0
Kelly Joan SafferyCertified Financial PlannerWellesley, MaApr 13, 202112 y0
James Paul KaramourtopoulosCertified Financial PlannerWellesley, MaJan 24, 202411 y2
Timothy William DempseyPortsmouth, Nh Sep 3, 202538 y2
Nicholas Robert DistefanoWellesley, MaDec 19, 202512 y0
Michael Anthony AbbondanzaWellesley, Ma Sep 1, 202611 y0
David S YoungWellesley, MaSep 1, 202612 y0
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 headcount1 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Gene Ira Rapaport · Chief Executive Officercontrol
    since 12/2004 · owns less than 5%
  • Griffin Melissa Boccaci · President/Senior Financial Advisor/Chief Compliance Officer
    since 03/2012 · owns less than 5%
  • Sean Matthew Maclachlan · Chief Operating Officer
    since 08/2023 · owns less than 5%
  • Heidi Beth Rapaport · Chief Financial Officer
    since 12/2004 · owns less than 5%
Entity owners
  • Aspen Standard Group, LLC · Member
    direct · 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
Wellesley, Ma · principal1230
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
7 against comparable advisers; where to look, not conclusions
  • RAUM up clients flatCombination · filing Mar 27, 2026
    RAUM grew 50 percent or more while private clients stayed within 5 percent: existing clients grew, a few large clients arrived, or a reporting change. RAUM $2,999,207,083 to $5,088,194,405, advisors 8 to 9, private clients 359 to 376, offices 1 to 2 (2025-04-30 to 2026-03-27)
    peers: independent wealth managers, $5B to $20B (289)
  • wealth to institutional shiftCombination · filing Mar 27, 2026
    private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $2,999,207,083 to $5,088,194,405, advisors 8 to 9, private clients 359 to 376, offices 1 to 2 (2025-04-30 to 2026-03-27)
    peers: independent wealth managers, $5B to $20B (289)
  • client mix shiftChange between filings · filing Mar 27, 2026
    private-client share of RAUM moved from 81.0% to 60.0% between the annual amendments of 2025-04-30 and 2026-03-27
    peers: independent wealth managers, $5B to $20B (289)
  • custody status changedChange between filings · filing Mar 27, 2026
    custody of client assets (Item 9.A): yes on the filing of 2026-02-09, no on the filing of 2026-03-27
    peers: independent wealth managers, $5B to $20B (289)
  • HNW share shiftChange between filings · filing Mar 27, 2026
    HNW share of RAUM moved from 81.0% to 60.0% between the annual amendments of 2025-04-30 and 2026-03-27
    peers: independent wealth managers, $5B to $20B (289)
  • institutional asset share shiftChange between filings · filing Mar 27, 2026
    institutional share of RAUM moved from 19.0% to 40.0% between the annual amendments of 2025-04-30 and 2026-03-27
    peers: independent wealth managers, $5B to $20B (289)
  • RAUM up 50 %Change between filings · filing Mar 27, 2026
    RAUM (Item 5.F) moved from $2,999,207,083 to $5,088,194,405 (+70.0%) between the annual amendments of 2025-04-30 and 2026-03-27; the peer median change was +18.0% (271 comparable advisers, 94.0th percentile of changes)
    peers: independent wealth managers, $5B to $20B (271) · 94% percentile
What changed
consecutive filings, newest first
  • Accounts · 2,761 to 3,111
    Feb 9, 2026 to Mar 27, 2026
  • Charity clients · 13 to 58
    Feb 9, 2026 to Mar 27, 2026
  • HNW clients · 328 to 338
    Feb 9, 2026 to Mar 27, 2026
  • Individual clients · 31 to 38
    Feb 9, 2026 to Mar 27, 2026
  • Pension plan clients · 0.0 to unset
    Feb 9, 2026 to Mar 27, 2026
  • Assets in custody · $20.2M to $9.3M
    Feb 9, 2026 to Mar 27, 2026
  • Custody of client assets · true to false
    Feb 9, 2026 to Mar 27, 2026
  • Discretionary RAUM · $2.6B to $3.8B
    Feb 9, 2026 to Mar 27, 2026
  • HNW RAUM · $2.4B to $3.0B
    Feb 9, 2026 to Mar 27, 2026
  • Individual RAUM · $11.6M to $24.8M
    Feb 9, 2026 to Mar 27, 2026
  • Non-discretionary RAUM · $358M to $1.3B
    Feb 9, 2026 to Mar 27, 2026
  • Pension RAUM · unset to 134326909.0
    Feb 9, 2026 to Mar 27, 2026
  • RAUM · $3.0B to $5.1B
    Feb 9, 2026 to Mar 27, 2026
  • Advisory employees · 9 to 10
    Apr 30, 2025 to Sep 3, 2025
  • Employees · 17 to 21
    Apr 30, 2025 to Sep 3, 2025
  • State-registered IARs · 8 to 9
    Apr 30, 2025 to Sep 3, 2025
  • Other offices · 1 to 2
    Apr 30, 2025 to Sep 3, 2025
  • Accounts · 2,742 to 2,761
    May 24, 2024 to Apr 30, 2025
  • Advisory employees · 8 to 9
    May 24, 2024 to Apr 30, 2025
  • HNW clients · 305 to 328
    May 24, 2024 to Apr 30, 2025
  • Individual clients · 27 to 31
    May 24, 2024 to Apr 30, 2025
  • Assets in custody · $12.4M to $20.2M
    May 24, 2024 to Apr 30, 2025
  • Employees · 18 to 17
    May 24, 2024 to Apr 30, 2025
  • Financial planning clients · 251-500 to 251-500
    May 24, 2024 to Apr 30, 2025
  • State-registered IARs · 7 to 8
    May 24, 2024 to Apr 30, 2025
  • Discretionary RAUM · $2.3B to $2.6B
    May 24, 2024 to Apr 30, 2025
  • HNW RAUM · $2.1B to $2.4B
    May 24, 2024 to Apr 30, 2025
  • Individual RAUM · $10.2M to $11.6M
    May 24, 2024 to Apr 30, 2025
  • Non-discretionary RAUM · $353M to $358M
    May 24, 2024 to Apr 30, 2025
  • RAUM · $2.7B to $3.0B
    May 24, 2024 to Apr 30, 2025
  • Related adviser · false to true
    May 24, 2024 to Apr 30, 2025
  • Accounts · 2,647 to 2,742
    Mar 30, 2023 to Mar 28, 2024
  • Charity clients · 12 to 13
    Mar 30, 2023 to Mar 28, 2024
  • HNW clients · 290 to 305
    Mar 30, 2023 to Mar 28, 2024
  • Individual clients · 33 to 27
    Mar 30, 2023 to Mar 28, 2024
  • Assets in custody · $8.8M to $12.4M
    Mar 30, 2023 to Mar 28, 2024
  • Employees · 19 to 18
    Mar 30, 2023 to Mar 28, 2024
  • Discretionary RAUM · $2.0B to $2.3B
    Mar 30, 2023 to Mar 28, 2024
  • HNW RAUM · $1.8B to $2.1B
    Mar 30, 2023 to Mar 28, 2024
  • Individual RAUM · $11.7M to $10.2M
    Mar 30, 2023 to Mar 28, 2024
Signals
2 dated events
  • New England Private Wealth Advisors, Llc reported RAUM $5.1B, up 70% from $3.0B (2026-02-09 to 2026-03-27)
    Mar 27, 2026 · RAUM change · derived
  • Danielle Elandra Barbato left New England Private Wealth Advisors, Llc for Milestone Asset Management Group, Llc (registered 2024-09-04)
    Aug 5, 2024 · Advisor changed firm · 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
781-416-1700reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/dhk-financial-advisorsreportedpublic record, Form ADV, Sep 17, 2026
Firm profile
linkedin.com/company/new-england-private-wealth-advisorsreportedpublic record, Form ADV, Sep 17, 2026
Website
NEPWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
781-416-1700reportedpublic record, Form ADV, Mar 27, 2026
Team page
nepwealth.com/our-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
$424Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026