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

Pfe Advisors, Inc.

Former SEC-registered adviserSouthborough, MassachusettsCRD 144798SEC 801-68292IAPD
Latest filing Mar 31, 2021
First filing on the tape Mar 30, 2012 · 19 filings
RAUM
$16.6M
reported, Item 5.F
Discretionary
100%
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
19
7 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$16.6M as of Mar 31, 2021
Mar 30, 2017$2.7M then
HNW client RAUM: no history
State-registered IARs (5.B.3)7 as of Mar 31, 2021
Mar 30, 20120 then
Employees (5.A)19 as of Mar 31, 2021
Mar 21, 201310 then
Private funds: no history
RAUM +40% over the last fiscal year+73% a year over threeIARs 8 to 7
Practice profile
derived from the filing of Mar 31, 2021; every figure names its basis
RAUM per advisor
$2.4MderivedRAUM 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
$2.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.7derivedItem 5.A over advisors
Advisors per office
2.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+40%derivedbetween the last two annual amendments
Advisor growth, one year
-13%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
pension consulting, selection of other advisers, educational seminars, otherreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$16.6M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
107reported
Charitable clients
0reported
Accounts
6reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • John Joseph Duran · Managing Director, Chief Executive Officercontrol
    since 07/2019 · owns less than 5%
  • Irina Natasha Pfeiffer · Counsel & Secretarycontrol
    since 07/2019 · owns less than 5%
  • Lawrence Gary Roth · Managing Directorcontrol
    since 07/2019 · owns less than 5%
  • Steven Spencer · Vice President, Chief Compliance Officer
    since 10/2019 · owns less than 5%
Entity owners
  • United Capital Financial Partners, Inc. · Sole Member And Manager
    direct · owns 75% or more
  • Imd Holdings, LLC · Sole Member And Manager
    indirect · owns 75% or more of United Capital Financial Partners, Inc.
  • The Goldman Sachs Group, Inc. · Sole Member And Manager
    indirect · owns 75% or more of Imd Holdings, LLC
Related persons
Schedule D 7.A
Offices
Schedule D 1.F, the 25 largest
  • Towson, MD3 employees
  • Newport Beach, CA
What changed
consecutive filings, newest first
  • Accounts · 5 to 6
    Nov 23, 2020 to Mar 31, 2021
  • Advisory employees · 8 to 7
    Nov 23, 2020 to Mar 31, 2021
  • BD registered reps · 1 to 0
    Nov 23, 2020 to Mar 31, 2021
  • Pension plan clients · 111 to 107
    Nov 23, 2020 to Mar 31, 2021
  • Employees · 20 to 19
    Nov 23, 2020 to Mar 31, 2021
  • Insurance-licensed employees · 1 to 0
    Nov 23, 2020 to Mar 31, 2021
  • State-registered IARs · 8 to 7
    Nov 23, 2020 to Mar 31, 2021
  • Discretionary RAUM · $11.9M to $16.6M
    Nov 23, 2020 to Mar 31, 2021
  • Pension RAUM · $11.9M to $16.6M
    Nov 23, 2020 to Mar 31, 2021
  • RAUM · $11.9M to $16.6M
    Nov 23, 2020 to Mar 31, 2021
  • Accounts · 4 to 5
    Feb 11, 2020 to Mar 30, 2020
  • Advisory employees · 10 to 8
    Feb 11, 2020 to Mar 30, 2020
  • Charity clients · unset to 0.0
    Feb 11, 2020 to Mar 30, 2020
  • Corporate clients · unset to 0.0
    Feb 11, 2020 to Mar 30, 2020
  • HNW clients · unset to 0.0
    Feb 11, 2020 to Mar 30, 2020
  • Individual clients · unset to 0.0
    Feb 11, 2020 to Mar 30, 2020
  • Pension plan clients · 123 to 111
    Feb 11, 2020 to Mar 30, 2020
  • Pooled vehicle clients · unset to 0.0
    Feb 11, 2020 to Mar 30, 2020
  • Employees · 23 to 20
    Feb 11, 2020 to Mar 30, 2020
  • State-registered IARs · 10 to 8
    Feb 11, 2020 to Mar 30, 2020
  • Discretionary RAUM · $6.4M to $11.9M
    Feb 11, 2020 to Mar 30, 2020
  • Pension RAUM · $6.4M to $11.9M
    Feb 11, 2020 to Mar 30, 2020
  • RAUM · $6.4M to $11.9M
    Feb 11, 2020 to Mar 30, 2020
  • Related bank · false to true
    Mar 28, 2019 to Aug 15, 2019
  • Related broker-dealer · false to true
    Mar 28, 2019 to Aug 15, 2019
  • Accounts · 1 to 4
    Mar 29, 2018 to Mar 28, 2019
  • Advisory employees · 9 to 10
    Mar 29, 2018 to Mar 28, 2019
  • Advisory activities · 3 to 4
    Mar 29, 2018 to Mar 28, 2019
  • BD registered reps · 0 to 1
    Mar 29, 2018 to Mar 28, 2019
  • Pension plan clients · 116 to 123
    Mar 29, 2018 to Mar 28, 2019
  • Employees · 20 to 23
    Mar 29, 2018 to Mar 28, 2019
  • Insurance-licensed employees · 2 to 1
    Mar 29, 2018 to Mar 28, 2019
  • State-registered IARs · 9 to 10
    Mar 29, 2018 to Mar 28, 2019
  • Discretionary RAUM · $3.2M to $6.4M
    Mar 29, 2018 to Mar 28, 2019
  • Pension RAUM · $3.2M to $6.4M
    Mar 29, 2018 to Mar 28, 2019
  • RAUM · $3.2M to $6.4M
    Mar 29, 2018 to Mar 28, 2019
  • Advisory employees · 13 to 9
    Mar 30, 2017 to Mar 29, 2018
  • Pension plan clients · unset to 116.0
    Mar 30, 2017 to Mar 29, 2018
  • Employees · 22 to 20
    Mar 30, 2017 to Mar 29, 2018
  • Insurance-licensed employees · 0 to 2
    Mar 30, 2017 to Mar 29, 2018
Signals
4 dated events
  • Colin Jon Frojen (Managing Director, Chief Financial Officer & Treasurer) no longer on Schedule A of Pfe Advisors, Inc. (listed 2020-11-23, absent 2021-03-31)
    Mar 31, 2021 · Control person left · inference
  • Gregory Wayne Bogosian (Vice President, President) no longer on Schedule A of Pfe Advisors, Inc. (listed 2019-08-15, absent 2020-02-11)
    Feb 11, 2020 · Control person left · inference
  • Irina Natasha Pfeiffer (Counsel) appeared on Schedule A of Pfe Advisors, Inc.
    Aug 15, 2019 · Control person joined · fact
  • Cheh Kristina Beck (Chief Legal Officer & Corporate Secretary) no longer on Schedule A of Pfe Advisors, Inc. (listed 2019-03-28, absent 2019-08-15)
    Aug 15, 2019 · Control person left · inference
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