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SEC-registered adviser

•••••• P•••••••

Independent wealth managerBaltimore, MarylandCRD 149136SEC 801-69853websiteIAPD
Legal name A•• W••••• P•••••••• L••
Latest filing Feb 23, 2026
First filing on the tape Feb 13, 2012 · 29 filings
SEC status approved since Jan 2, 2009
RAUM
$508M
reported, Item 5.F
Discretionary
55%
of RAUM
Private clients
77%
$390M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$169M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$508M as of Feb 23, 2026
Feb 13, 2012$39.3M then
HNW client RAUM$382M as of Feb 23, 2026
Mar 14, 2018$266M then
State-registered IARs (5.B.3)3 as of Feb 23, 2026
Feb 13, 20120 then
Employees (5.A)5 as of Feb 23, 2026
Feb 15, 20134 then
Private funds: no history
RAUM +7.9% over the last fiscal year+17% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Feb 23, 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
$169MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
32derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.5MderivedHNW RAUM over HNW clients
Average account
$2.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
55%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+7.9%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-6.8%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$55.9M, 34 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$382M75%
  • Corporations and businesses$119M23%
  • Individuals$7.2M1.4%
Individual clients
26reported
HNW clients
70reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
254reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$55.9M for 34 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.77 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••• H•••••• F•••Certified Financial PlannerNew York, Ny Apr 5, 201029 y1
N•••••• B••• S••••••Baltimore, MdFeb 4, 202116 y0
C••••• B•••••Certified Financial PlannerBaltimore, Md Sep 18, 202314 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 headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • F•••• D••••• H•••••• · Managing Member/Chief Compliance Officercontrol
    since 03/2009 · 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
Baltimore, Md · principal300
Offices
Schedule D 1.F, the 25 largest
  • New York, NY1 employees
What changed
consecutive filings, newest first
  • Accounts · 279 to 254
    Mar 3, 2025 to Feb 23, 2026
  • HNW clients · 71 to 70
    Mar 3, 2025 to Feb 23, 2026
  • Individual clients · 32 to 26
    Mar 3, 2025 to Feb 23, 2026
  • Assets in custody · $44.4M to $55.9M
    Mar 3, 2025 to Feb 23, 2026
  • Employees · 4 to 5
    Mar 3, 2025 to Feb 23, 2026
  • Financial planning clients · 1-10 to 51-100
    Mar 3, 2025 to Feb 23, 2026
  • Discretionary RAUM · $273M to $280M
    Mar 3, 2025 to Feb 23, 2026
  • HNW RAUM · $353M to $382M
    Mar 3, 2025 to Feb 23, 2026
  • Individual RAUM · $9.2M to $7.2M
    Mar 3, 2025 to Feb 23, 2026
  • Non-discretionary RAUM · $198M to $228M
    Mar 3, 2025 to Feb 23, 2026
  • RAUM · $471M to $508M
    Mar 3, 2025 to Feb 23, 2026
  • Accounts · 256 to 279
    Feb 21, 2024 to Mar 3, 2025
  • Corporate clients · 6 to 7
    Feb 21, 2024 to Mar 3, 2025
  • HNW clients · 64 to 71
    Feb 21, 2024 to Mar 3, 2025
  • Individual clients · 34 to 32
    Feb 21, 2024 to Mar 3, 2025
  • Assets in custody · $54.3M to $44.4M
    Feb 21, 2024 to Mar 3, 2025
  • Employees · 3 to 4
    Feb 21, 2024 to Mar 3, 2025
  • Financial planning clients · 1-10 to 1-10
    Feb 21, 2024 to Mar 3, 2025
  • Discretionary RAUM · $231M to $273M
    Feb 21, 2024 to Mar 3, 2025
  • HNW RAUM · $289M to $353M
    Feb 21, 2024 to Mar 3, 2025
  • Individual RAUM · $10.5M to $9.2M
    Feb 21, 2024 to Mar 3, 2025
  • Non-discretionary RAUM · $168M to $198M
    Feb 21, 2024 to Mar 3, 2025
  • RAUM · $399M to $471M
    Feb 21, 2024 to Mar 3, 2025
  • Accounts · 257 to 256
    Jul 24, 2023 to Feb 21, 2024
  • Advisory employees · 2 to 3
    Jul 24, 2023 to Feb 21, 2024
  • Corporate clients · unset to 6.0
    Jul 24, 2023 to Feb 21, 2024
  • HNW clients · 61 to 64
    Jul 24, 2023 to Feb 21, 2024
  • Individual clients · 33 to 34
    Jul 24, 2023 to Feb 21, 2024
  • Assets in custody · $19.8M to $54.3M
    Jul 24, 2023 to Feb 21, 2024
  • Financial planning clients · 11-25 to 1-10
    Jul 24, 2023 to Feb 21, 2024
  • State-registered IARs · 2 to 3
    Jul 24, 2023 to Feb 21, 2024
  • Discretionary RAUM · $172M to $231M
    Jul 24, 2023 to Feb 21, 2024
  • HNW RAUM · $310M to $289M
    Jul 24, 2023 to Feb 21, 2024
  • Individual RAUM · $10.6M to $10.5M
    Jul 24, 2023 to Feb 21, 2024
  • Non-discretionary RAUM · $149M to $168M
    Jul 24, 2023 to Feb 21, 2024
  • RAUM · $321M to $399M
    Jul 24, 2023 to Feb 21, 2024
  • Employees · 2 to 3
    Jun 1, 2023 to Jul 24, 2023
  • Assets in custody · unset to 19823298.0
    Mar 6, 2023 to Jun 1, 2023
  • Custody of client assets · false to true
    Mar 6, 2023 to Jun 1, 2023
  • Accounts · 223 to 257
    Mar 11, 2022 to Mar 6, 2023
Signals
No event on the tape.
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
i•••@a••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
410-844-3300reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
866-526-4871reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/&wealthreportedpublic record, Form ADV, Sep 21, 2026
Website
a••••••••.comreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
410-844-3300reportedpublic record, Form ADV, Feb 23, 2026
Contact form
a••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
$169Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026