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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

B••••• R••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Hanover, MassachusettsCRD 152820SEC 801-71081websiteIAPD
Latest filing Mar 4, 2026
First filing on the tape Mar 27, 2012 · 31 filings
SEC status approved since Feb 18, 2010
RAUM
$536M
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
5
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$536M as of Mar 4, 2026
Mar 27, 2012$119M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 4, 2026
Mar 27, 20120 then
Employees (5.A)5 as of Mar 4, 2026
Feb 15, 20137 then
Private funds: no history
RAUM +8.9% over the last fiscal year+10% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 4, 2026; every figure names its basis
Archetypes, each a printed rule
  • b••• affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
RAUM per advisor
unknownderivedRAUM 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
$268MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+8.9%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 5.G
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$536M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • S••••• D••••• B•••• · Chief Investment Officercontrol
        since 12/2009 · owns less than 5%
      • B•••••• D••••••• S••••• · Portfolio Manager & Director Of Research
        since 12/2009 · owns less than 5%
      • H•••••• S••••• · Compliance Officer
        since 03/2021 · owns less than 5%
      • O••••••• G••••• A••••• · Chief Compliance Officer
        since 05/2017 · owns less than 5%
      • P••••••••• L••• · Research Analyst And Trader
        since 08/2024 · owns less than 5%
      Entity owners
      • R••••••• T•••• C•• · Member
        direct · owns 75% or more · public reporting company
      • I••••••••• B••• C•••• · Parent Company
        indirect · owns 75% or more of R••••••• Trust · public reporting company
      Related persons
      Schedule D 7.A
      • R••••••• T•••• C••
        y
      Offices
      Schedule D 1.F, the 25 largest
      • Hanover, MA2 employees
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $492M to $536M
        Jul 23, 2025 to Mar 4, 2026
      • RAUM · $492M to $536M
        Jul 23, 2025 to Mar 4, 2026
      • Financial planning clients · 0 to 0
        Mar 5, 2025 to Jul 23, 2025
      • Discretionary RAUM · $483M to $492M
        Oct 8, 2024 to Mar 5, 2025
      • RAUM · $483M to $492M
        Oct 8, 2024 to Mar 5, 2025
      • Discretionary RAUM · $474M to $483M
        Mar 11, 2024 to Aug 14, 2024
      • RAUM · $474M to $483M
        Mar 11, 2024 to Aug 14, 2024
      • Discretionary RAUM · $402M to $474M
        Sep 18, 2023 to Mar 11, 2024
      • RAUM · $402M to $474M
        Sep 18, 2023 to Mar 11, 2024
      • Discretionary RAUM · $410M to $402M
        Mar 16, 2022 to Mar 10, 2023
      • RAUM · $410M to $402M
        Mar 16, 2022 to Mar 10, 2023
      • Advisory activities · 2 to 1
        Mar 8, 2021 to Mar 16, 2022
      • Discretionary RAUM · $367M to $410M
        Mar 8, 2021 to Mar 16, 2022
      • RAUM · $367M to $410M
        Mar 8, 2021 to Mar 16, 2022
      • Advisory employees · 2 to 3
        May 29, 2020 to Mar 8, 2021
      • Employees · 3 to 5
        May 29, 2020 to Mar 8, 2021
      • Discretionary RAUM · $305M to $367M
        May 29, 2020 to Mar 8, 2021
      • RAUM · $305M to $367M
        May 29, 2020 to Mar 8, 2021
      • HQ city · R••••••• to HANOVER
        Mar 5, 2020 to May 29, 2020
      • Other offices · 2 to 1
        Mar 11, 2019 to Mar 5, 2020
      • Discretionary RAUM · $268M to $305M
        Mar 11, 2019 to Mar 5, 2020
      • RAUM · $268M to $305M
        Mar 11, 2019 to Mar 5, 2020
      • Advisory employees · 3 to 2
        Mar 21, 2018 to Mar 11, 2019
      • Employees · 5 to 3
        Mar 21, 2018 to Mar 11, 2019
      • Discretionary RAUM · $298M to $268M
        Mar 21, 2018 to Mar 11, 2019
      • RAUM · $298M to $268M
        Mar 21, 2018 to Mar 11, 2019
      • Financial planning clients · unset to 0
        Oct 3, 2017 to Mar 21, 2018
      • Discretionary RAUM · $284M to $298M
        Oct 3, 2017 to Mar 21, 2018
      • RAUM · $284M to $298M
        Oct 3, 2017 to Mar 21, 2018
      • Other offices · unset to 2.0
        May 4, 2017 to Oct 3, 2017
      • Discretionary RAUM · $270M to $284M
        May 4, 2017 to Oct 3, 2017
      • RAUM · $270M to $284M
        May 4, 2017 to Oct 3, 2017
      • Employees · 6 to 5
        Feb 17, 2017 to May 4, 2017
      • Advisory employees · 4 to 3
        Mar 7, 2016 to Feb 17, 2017
      • Employees · 7 to 6
        Mar 7, 2016 to Feb 17, 2017
      • Discretionary RAUM · $229M to $270M
        Mar 7, 2016 to Feb 17, 2017
      • RAUM · $229M to $270M
        Mar 7, 2016 to Feb 17, 2017
      • Accounts · 4 to 2
        Sep 25, 2015 to Mar 2, 2016
      • Advisory employees · 5 to 4
        Sep 25, 2015 to Mar 2, 2016
      • Employees · 8 to 7
        Sep 25, 2015 to Mar 2, 2016
      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
      Website
      B•••••R•••CAP.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      781-982-6792reportedpublic record, Form ADV, Mar 4, 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
      Asset manager (funds and pooled vehicles)deriveda 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