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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Former SEC-registered adviser

T•• F•••••••• A•••••••• L••

Former SEC-registered adviserAndover, MassachusettsCRD 146680SEC 801-68921websiteIAPD
Latest filing Dec 1, 2025
First filing on the tape Mar 29, 2012 · 37 filings
SEC status approved since Mar 11, 2008
RAUM
$1.1B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
100%
$1.1B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
11
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$1.1B as of Dec 1, 2025
Mar 29, 2012$252M then
HNW client RAUM$1.0B as of Dec 1, 2025
Mar 21, 2018$366M then
State-registered IARs (5.B.3)7 as of Dec 1, 2025
Mar 29, 20120 then
Employees (5.A)11 as of Dec 1, 2025
Mar 27, 20136 then
Private funds: no history
RAUM +13% over the last fiscal year+4.4% a year over threeIARs 7 to 7offices 2 to 1
Practice profile
derived from the filing of Dec 1, 2025; every figure names its basis
RAUM per advisor
$158MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
120derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$516,475derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
3.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+16%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Financial planning clients
500reportedItem 5.H
Wrap fee program
$1.1BreportedItem 5.I
Custody
$185M, 227 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.0B91%
  • Individuals$93.7M8.4%
  • Pension and profit-sharing plans$2.8M0.3%
  • Charitable organizations$730,9890.1%
Individual clients
273reported
HNW clients
570reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2,146reported
Financial planning clients
500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$185M for 227 clientsreported
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
7 left, 0 joined in 12 months
net -7 in 12 months0 left in 90 days0 joined in 90 days7 left over 36 months
Left, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • K••••• M••••••• P•••• · Managing Member And Financial Advisorcontrol
      since 01/2008 · owns 25% to 50%
    • M•••••• R•••••• C•••••• · Member, Chief Compliance Officer, Financial Advisorcontrol
      since 01/2008 · owns 25% to 50%
    • B•••••••• L••••• C••• · Member And Financial Advisor
      since 01/2008 · owns 5% to 10%
    • B••••• D••••• · Member And Financial Advisor
      since 01/2019 · owns less than 5%
    • C••••••••• J•••• · Member And Tax Accountant
      since 01/2023 · owns less than 5%
    • C••••••• N•••• N••••• · Member And Office Administrator
      since 01/2012 · owns less than 5%
    • D••••••• M••••••• A•••••• · Member And Financial Advisor
      since 01/2012 · owns 5% to 10%
    • D••••••••• L•••• · Member And Financial Advisor
      since 01/2023 · owns less than 5%
    • L•••••• A•••• V• · Member And Office Administrator
      since 01/2012 · owns 5% to 10%
    • W••••••••• S••••• I•••• · Member And Office Administrator
      since 01/2008 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Andover, Ma · principal004
    New York, Ny001
    Newburyport, Ma002
    Offices
    Schedule D 1.F, the 25 largest
    • Newburyport, MA2 employees
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Financial planning clients · More than 500 to More than 500
      Apr 8, 2025 to Jun 2, 2025
    • Other offices · 2 to 1
      Apr 8, 2025 to Jun 2, 2025
    • Accounts · 2,185 to 2,146
      Oct 22, 2024 to Apr 8, 2025
    • Advisory activities · 4 to 3
      Oct 22, 2024 to Apr 8, 2025
    • HNW clients · 305 to 570
      Oct 22, 2024 to Apr 8, 2025
    • Individual clients · 423 to 273
      Oct 22, 2024 to Apr 8, 2025
    • Assets in custody · $179M to $185M
      Oct 22, 2024 to Apr 8, 2025
    • Employees · 13 to 11
      Oct 22, 2024 to Apr 8, 2025
    • Discretionary RAUM · $970M to $1.1B
      Oct 22, 2024 to Apr 8, 2025
    • HNW RAUM · $764M to $1.0B
      Oct 22, 2024 to Apr 8, 2025
    • Individual RAUM · $207M to $93.7M
      Oct 22, 2024 to Apr 8, 2025
    • Non-discretionary RAUM · $10.7M to $13.5M
      Oct 22, 2024 to Apr 8, 2025
    • Pension RAUM · $8.6M to $2.8M
      Oct 22, 2024 to Apr 8, 2025
    • RAUM · $981M to $1.1B
      Oct 22, 2024 to Apr 8, 2025
    • Accounts · 2,203 to 2,185
      Oct 16, 2023 to Mar 8, 2024
    • HNW clients · 286 to 305
      Oct 16, 2023 to Mar 8, 2024
    • Individual clients · 463 to 423
      Oct 16, 2023 to Mar 8, 2024
    • Assets in custody · $170M to $179M
      Oct 16, 2023 to Mar 8, 2024
    • Discretionary RAUM · $831M to $970M
      Oct 16, 2023 to Mar 8, 2024
    • HNW RAUM · $637M to $764M
      Oct 16, 2023 to Mar 8, 2024
    • Individual RAUM · $201M to $207M
      Oct 16, 2023 to Mar 8, 2024
    • Non-discretionary RAUM · $19.3M to $10.7M
      Oct 16, 2023 to Mar 8, 2024
    • Pension RAUM · $11.4M to $8.6M
      Oct 16, 2023 to Mar 8, 2024
    • RAUM · $850M to $981M
      Oct 16, 2023 to Mar 8, 2024
    • Other offices · 1 to 2
      Apr 27, 2023 to Jun 13, 2023
    • Advisory activities · 5 to 4
      Mar 14, 2023 to Apr 27, 2023
    • Accounts · 2,161 to 2,203
      Sep 29, 2022 to Mar 14, 2023
    • Advisory employees · 8 to 7
      Sep 29, 2022 to Mar 14, 2023
    • HNW clients · 330 to 286
      Sep 29, 2022 to Mar 14, 2023
    • Individual clients · 417 to 463
      Sep 29, 2022 to Mar 14, 2023
    • Pension plan clients · 5.0 to unset
      Sep 29, 2022 to Mar 14, 2023
    • Assets in custody · $201M to $170M
      Sep 29, 2022 to Mar 14, 2023
    • Employees · 14 to 13
      Sep 29, 2022 to Mar 14, 2023
    • Discretionary RAUM · $938M to $831M
      Sep 29, 2022 to Mar 14, 2023
    • HNW RAUM · $757M to $637M
      Sep 29, 2022 to Mar 14, 2023
    • Individual RAUM · $186M to $201M
      Sep 29, 2022 to Mar 14, 2023
    • Non-discretionary RAUM · $36.4M to $19.3M
      Sep 29, 2022 to Mar 14, 2023
    • Pension RAUM · $30.6M to $11.4M
      Sep 29, 2022 to Mar 14, 2023
    • RAUM · $975M to $850M
      Sep 29, 2022 to Mar 14, 2023
    • Advisory employees · 7 to 8
      Mar 30, 2022 to Jul 13, 2022
    Signals
    9 dated events
    • The Financial Advisors, Llc no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $1.1B)
      Apr 1, 2026 · Left the SEC roster · derived
    • Kevin Henderson left The Financial Advisors, Llc for Beacon Pointe Advisors, Llc (registered 2026-01-30)
      Mar 12, 2026 · Advisor changed firm · fact
    • Michael Paull Kumph left The Financial Advisors, Llc for Beacon Pointe Advisors, Llc (registered 2026-01-30)
      Mar 12, 2026 · Advisor changed firm · fact
    • Lucas Deslauriers left The Financial Advisors, Llc for Beacon Pointe Advisors, Llc (registered 2026-02-08)
      Mar 12, 2026 · Advisor changed firm · fact
    • Anna V Larina left The Financial Advisors, Llc for Beacon Pointe Advisors, Llc (registered 2026-02-08)
      Mar 12, 2026 · Advisor changed firm · fact
    • Michael Anthony Dempsey left The Financial Advisors, Llc for Beacon Pointe Advisors, Llc (registered 2026-02-08)
      Mar 12, 2026 · Advisor changed firm · fact
    • Robert Conover Miller left The Financial Advisors, Llc for Beacon Pointe Advisors, Llc (registered 2026-02-03)
      Mar 12, 2026 · Advisor changed firm · fact
    • Louis Carl Bonasera left The Financial Advisors, Llc for Beacon Pointe Advisors, Llc (registered 2026-02-08)
      Mar 12, 2026 · Advisor changed firm · fact
    • The Financial Advisors, LLC's advisors moved to Beacon Pointe Advisors, LLC (Andover, MA): 6 of 7 registered, on the same day
      Mar 12, 2026 · Firm absorbed (people side) · derived
    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