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
Cmh Wealth Management, LLC
Latest filing May 19, 2026
First filing on the tape Nov 22, 2011 · 35 filings
SEC status approved since Apr 30, 2009
RAUM
$813M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$784M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$116M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$813M as of May 19, 2026
Feb 29, 2012$129M then
HNW client RAUM$732M as of May 19, 2026
Mar 19, 2018$273M then
State-registered IARs (5.B.3)6 as of May 19, 2026
Feb 29, 20120 then
Employees (5.A)9 as of May 19, 2026
Mar 20, 20134 then
Private funds: no history
RAUM +5.1% over the last fiscal year+14% a year over threeIARs 5 to 6offices 1 to 2
Practice profile
derived from the filing of May 19, 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
- $116MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 44derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.8MderivedHNW RAUM over HNW clients
- Average account
- $1.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 2.3derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- +20%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.0%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $338M, 137 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)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$732M90%
- Individuals$51.4M6.3%
- Corporations and businesses$19.8M2.4%
- Charitable organizations$9.8M1.2%
- Individual clients
- 116reported
- HNW clients
- 193reported
- Pension plan clients
- 0reported
- Charitable clients
- 12reported
- Accounts
- 704reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $338M for 137 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.96 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Brian Patrick CarolanChartered Financial Analyst | Greenland, Nh | May 14, 2009 | 34 y | 2 |
| Karen Roelke MccloskeyCertified Financial Planner | Portsmouth, Nh | May 14, 2009 | 35 y | 1 |
| Kristen Lynn Hanley | Portsmouth, Nh | Jun 4, 2009 | 30 y | 2 |
| John P. FredetteChartered Financial Analyst | Rye, Nh | Jul 25, 2017 | 13 y | 0 |
| Rachael E BatorCertified Financial Planner | Portsmouth, Nh | Aug 4, 2025 | 11 y | 2 |
| Michael Richard LeclercCertified Financial Planner | Portsmouth, Nh | Dec 16, 2025 | 12 y | 3 |
| Steven C. NassouraCertified Financial Planner | Portsmouth, Nh | Mar 13, 2026 | 26 y | 1 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Thomas David Burleigh to F L Putnam Investment Management Co.Feb 24, 2025 · RIA to RIA
- Holly Howe Colvin to Helm Financial Planning LLCAug 11, 2015 · Other
- Michael Philip Wood to R M Davis IncJan 17, 2013 · Other
Joined, latest
- Steven C. Nassoura from Creegan & Nassoura Financial Group, LLCMar 13, 2026 · RIA to RIA
- Michael Richard Leclerc from Scs Capital Management LLCDec 16, 2025 · RIA to RIA
- Rachael E Bator from Lake Street AdvisorsAug 4, 2025 · RIA to RIA
- Holly Howe Colvin from Colvin Financial PlanningMay 18, 2015 · Other
- Michael Philip Wood from Ram Trust Services IncJun 25, 2012 · Other
- Kristen Lynn Hanley from Columbia Management Advisors, Inc.Jun 4, 2009 · Other
- Karen Roelke Mccloskey from Banc Of America Investment Services, Inc.May 14, 2009 · Other
- Brian Patrick Carolan from Columbia Management Advisors, Inc.May 14, 2009 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Patrick Brian Carolan · Principal And Co-Chief Investment Officercontrolsince 05/2009 · owns 50% to 75%
- P. John Fredette · Co-Chief Investment Officercontrolsince 01/2022 · owns less than 5%
- Lynn Kristen Hanley · Chief Compliance Officer And Portfolio Managercontrolsince 05/2009 · owns less than 5%
- Roelke Karen Mccloskey · Principal, Chief Financial Officer, And Wealth Advisorcontrolsince 05/2009 · owns 50% to 75%
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 |
|---|---|---|---|---|---|
| Portsmouth, Nh · principal | 7 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
What changed
consecutive filings, newest first
- Accounts · 691 to 704Sep 4, 2025 to Feb 18, 2026
- Advisory employees · 5 to 7Sep 4, 2025 to Feb 18, 2026
- Advisory activities · 2 to 3Sep 4, 2025 to Feb 18, 2026
- HNW clients · 185 to 193Sep 4, 2025 to Feb 18, 2026
- Individual clients · 115 to 116Sep 4, 2025 to Feb 18, 2026
- Assets in custody · $307M to $338MSep 4, 2025 to Feb 18, 2026
- Employees · 8 to 9Sep 4, 2025 to Feb 18, 2026
- State-registered IARs · 5 to 6Sep 4, 2025 to Feb 18, 2026
- Discretionary RAUM · $774M to $813MSep 4, 2025 to Feb 18, 2026
- HNW RAUM · $691M to $732MSep 4, 2025 to Feb 18, 2026
- Individual RAUM · $53.7M to $51.4MSep 4, 2025 to Feb 18, 2026
- RAUM · $774M to $813MSep 4, 2025 to Feb 18, 2026
- Financial planning clients · 251-500 to 251-500Feb 21, 2025 to May 13, 2025
- Other offices · 1 to 2Feb 21, 2025 to May 13, 2025
- Accounts · 620 to 691Jul 30, 2024 to Feb 21, 2025
- Charity clients · 9 to 12Jul 30, 2024 to Feb 21, 2025
- HNW clients · 155 to 185Jul 30, 2024 to Feb 21, 2025
- Individual clients · 113 to 115Jul 30, 2024 to Feb 21, 2025
- Assets in custody · $269M to $307MJul 30, 2024 to Feb 21, 2025
- Employees · 7 to 8Jul 30, 2024 to Feb 21, 2025
- Discretionary RAUM · $695M to $774MJul 30, 2024 to Feb 21, 2025
- HNW RAUM · $611M to $691MJul 30, 2024 to Feb 21, 2025
- Individual RAUM · $50.9M to $53.7MJul 30, 2024 to Feb 21, 2025
- RAUM · $695M to $774MJul 30, 2024 to Feb 21, 2025
- Accounts · 543 to 620Jan 12, 2024 to Feb 7, 2024
- Charity clients · 5 to 9Jan 12, 2024 to Feb 7, 2024
- Corporate clients · unset to 5.0Jan 12, 2024 to Feb 7, 2024
- HNW clients · 144 to 155Jan 12, 2024 to Feb 7, 2024
- Individual clients · 107 to 113Jan 12, 2024 to Feb 7, 2024
- Assets in custody · $200M to $269MJan 12, 2024 to Feb 7, 2024
- Discretionary RAUM · $556M to $695MJan 12, 2024 to Feb 7, 2024
- HNW RAUM · $503M to $611MJan 12, 2024 to Feb 7, 2024
- Individual RAUM · $42.1M to $50.9MJan 12, 2024 to Feb 7, 2024
- RAUM · $556M to $695MJan 12, 2024 to Feb 7, 2024
- HQ city · NORTH HAMPTON to PORTSMOUTHAug 8, 2023 to Jan 12, 2024
- Other offices · 0 to 1Jun 12, 2023 to Aug 8, 2023
- Accounts · 484 to 543Sep 27, 2022 to Mar 28, 2023
- Charity clients · unset to 5.0Sep 27, 2022 to Mar 28, 2023
- HNW clients · 139 to 144Sep 27, 2022 to Mar 28, 2023
- Individual clients · 89 to 107Sep 27, 2022 to Mar 28, 2023
Signals
5 dated events
- Thomas David Burleigh left Cmh Wealth Management, Llc for F L Putnam Investment Management Co. (registered 2025-03-03)Feb 24, 2025 · Advisor changed firm · fact
- Cmh Wealth Management, Llc reported RAUM $695.1M, up 25% from $555.9M (2024-01-12 to 2024-02-07)Feb 7, 2024 · RAUM change · derived
- P. John Fredette (Co-Chief Investment Officer) appeared on Schedule A of Cmh Wealth Management, LlcMar 16, 2022 · Control person joined · fact
- Cmh Wealth Management, Llc reported RAUM $559.8M, up 27% from $441.7M (2020-06-25 to 2021-03-24)Mar 24, 2021 · RAUM change · derived
- Cmh Wealth Management, Llc reported RAUM $414.5M, up 32% from $313.4M (2018-03-19 to 2019-03-11)Mar 11, 2019 · 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
- 603-379-8161reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/cmh-wealth-management-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- cmhwealth.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (603) 379-8161reportedpublic record, Form ADV, May 19, 2026
- Contact form
- cmhwealth.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- cmhwealth.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
- $116Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026