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
Aureus Asset Management, LLC
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 19 filings
SEC status approved since Oct 3, 2005
RAUM
$8.4B
reported, Item 5.F
Discretionary
26%
of RAUM
Private clients
26%
$2.2B individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$4.2B
derived; firm RAUM over IAPD count
Employees
14
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$8.4B as of Mar 31, 2026
Mar 30, 2012$625M then
HNW client RAUM$2.1B as of Mar 31, 2026
Mar 29, 2018$906M then
State-registered IARs (5.B.3)3 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)14 as of Mar 31, 2026
Mar 28, 201310 then
Private funds4 as of Mar 31, 2026
Mar 28, 20132 then
RAUM +8.2% over the last fiscal year+12% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- RAUM per advisor
- $4.2BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 170derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $7.7MderivedHNW RAUM over HNW clients
- Average account
- $8.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 26%derivedof RAUM
- Institutional
- 74%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 7.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.2%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +27%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Custody
- $183M, 83 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Charitable organizations$6.2B74%
- High-net-worth individuals$2.1B25%
- Individuals$36.0M0.4%
- Pension and profit-sharing plans$32.2M0.4%
- Individual clients
- 61reported
- HNW clients
- 278reported
- Pension plan clients
- 6reported
- Charitable clients
- 17reported
- Accounts
- 954reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $183M for 83 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.26 fund_share=0.0 institutional_share=0.74 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Thaddeus Hallock DavisChartered Financial Analyst | Boston, Ma | Feb 27, 2007 | 31 y | 0 |
| Stefan Bengt Emil KarlssonChartered Financial Analyst | Boston, Ma | Oct 11, 2017 | 18 y | 0 |
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
Left, latest
- Tamara Jean Ward to Iwp Wealth Management LLCNov 29, 2011 · Other
Joined, latest
none on the tape
Private funds
6 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Aureus Hedged Opportunities Series | $61.8M | 6 | Mar 31, 2026 | |
| Aureus Absolute Return Strategy Series | Hedge Fund | $59.6M | 71 | Apr 1, 2015 |
| Aureus Fund I, LLCno longer reported | Hedge Fund | $57.0M | 35 | Mar 28, 2013 |
| Aureus International Strategy Series | Hedge Fund | $35.3M | 53 | Apr 1, 2015 |
| Aureus Fund II, LLCno longer reported | Hedge Fund | $31.9M | 29 | Mar 28, 2013 |
| Aureus Directional Strategy Series | Hedge Fund | $25.9M | 36 | Apr 1, 2015 |
Owners and control persons
Schedule A and B, latest filing
- Hallock Thaddeus Davis · Member President Ceocontrolsince 07/2005 · owns 25% to 50%
- Mindy Karen Firestone · Member Chairmancontrolsince 07/2005 · owns 25% to 50%
- A Todd Basnight · Membersince 01/2022 · owns 5% to 10%
- Michael Brennan Jones · Member, Coo, Ccosince 01/2020 · owns 10% to 25%
- Bengt Emil Stefan Karlsson · Membersince 01/2014 · owns 10% to 25%
- Wellington Michael Kellogg · Membersince 01/2014 · owns 10% to 25%
- L. Gina Koprowski · Membersince 01/2015 · owns less than 5%
- J. Carlos Shigueta · Membersince 01/2016 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Boston, Ma · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Mar 31, 2026institutional share of RAUM of 74% against a peer median of 4% (289 comparable advisers, 99.0th percentile, 13.8 robust deviations)peers: independent wealth managers, $5B to $20B (289) · 99% percentile
- control person changedChange between filings · filing Mar 31, 2026FIRESTONE, KAREN, MINDY (MEMBER CHAIRMAN) left Schedule A between the filings of 2022-03-31 and 2026-03-31peers: independent wealth managers, $5B to $20B (289)
What changed
consecutive filings, newest first
- Accounts · 879 to 954Mar 28, 2025 to Mar 31, 2026
- Advisory employees · 8 to 10Mar 28, 2025 to Mar 31, 2026
- Charity clients · 19 to 17Mar 28, 2025 to Mar 31, 2026
- HNW clients · 228 to 278Mar 28, 2025 to Mar 31, 2026
- Individual clients · 38 to 61Mar 28, 2025 to Mar 31, 2026
- Pension plan clients · 9 to 6Mar 28, 2025 to Mar 31, 2026
- Assets in custody · $109M to $183MMar 28, 2025 to Mar 31, 2026
- Financial planning clients · 11-25 to 26-50Mar 28, 2025 to Mar 31, 2026
- Private funds · 3 to 4Mar 28, 2025 to Mar 31, 2026
- Discretionary RAUM · $2.0B to $2.2BMar 28, 2025 to Mar 31, 2026
- HNW RAUM · $1.9B to $2.1BMar 28, 2025 to Mar 31, 2026
- Individual RAUM · $23.8M to $36.0MMar 28, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $5.7B to $6.2BMar 28, 2025 to Mar 31, 2026
- Pension RAUM · $57.5M to $32.2MMar 28, 2025 to Mar 31, 2026
- RAUM · $7.8B to $8.4BMar 28, 2025 to Mar 31, 2026
- Accounts · 842 to 879Mar 28, 2024 to Mar 28, 2025
- Charity clients · 33 to 19Mar 28, 2024 to Mar 28, 2025
- HNW clients · 186 to 228Mar 28, 2024 to Mar 28, 2025
- Individual clients · 33 to 38Mar 28, 2024 to Mar 28, 2025
- Pension plan clients · 11 to 9Mar 28, 2024 to Mar 28, 2025
- Assets in custody · $102M to $109MMar 28, 2024 to Mar 28, 2025
- Employees · 13 to 14Mar 28, 2024 to Mar 28, 2025
- Financial planning clients · 11-25 to 11-25Mar 28, 2024 to Mar 28, 2025
- Discretionary RAUM · $1.7B to $2.0BMar 28, 2024 to Mar 28, 2025
- HNW RAUM · $1.7B to $1.9BMar 28, 2024 to Mar 28, 2025
- Individual RAUM · $15.2M to $23.8MMar 28, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $5.2B to $5.7BMar 28, 2024 to Mar 28, 2025
- Pension RAUM · $55.1M to $57.5MMar 28, 2024 to Mar 28, 2025
- RAUM · $7.0B to $7.8BMar 28, 2024 to Mar 28, 2025
- Accounts · 798 to 842Mar 31, 2023 to Mar 28, 2024
- Charity clients · 24 to 33Mar 31, 2023 to Mar 28, 2024
- HNW clients · 164 to 186Mar 31, 2023 to Mar 28, 2024
- Individual clients · 23 to 33Mar 31, 2023 to Mar 28, 2024
- Pension plan clients · 9 to 11Mar 31, 2023 to Mar 28, 2024
- Assets in custody · $107M to $102MMar 31, 2023 to Mar 28, 2024
- Employees · 14 to 13Mar 31, 2023 to Mar 28, 2024
- Financial planning clients · 1-10 to 11-25Mar 31, 2023 to Mar 28, 2024
- Discretionary RAUM · $1.5B to $1.7BMar 31, 2023 to Mar 28, 2024
- HNW RAUM · $1.5B to $1.7BMar 31, 2023 to Mar 28, 2024
- Individual RAUM · $10.8M to $15.2MMar 31, 2023 to Mar 28, 2024
Signals
3 dated events
- Aureus Asset Management, Llc reported RAUM $5.0B, up 30% from $3.8B (2020-06-30 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Aureus Asset Management, Llc reported RAUM $3.8B, up 35% from $2.8B (2019-03-29 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Aureus Asset Management, Llc reported RAUM $2.3B, up 36% from $1.7B (2017-03-28 to 2018-03-29)Mar 29, 2018 · RAUM change · derived
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
- 617-728-8900reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- AUREUS-ASSET.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 617.728.8900reportedpublic record, Form ADV, Mar 31, 2026
- Contact form
- aureus-asset.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- aureus-asset.com/meet-the-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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $4.2Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026