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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SEC-registered adviser

T•• D• B•••• G••••• I•••

Other adviserBoston, MassachusettsCRD 153435SEC 801-71288websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 20, 2012 · 25 filings
SEC status approved since Mar 1, 2010
RAUM
$1.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
16%
$184M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$283M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$1.1B as of Mar 30, 2026
Mar 20, 2012$489M then
HNW client RAUM$172M as of Mar 30, 2026
Mar 20, 2018$130M then
State-registered IARs (5.B.3)3 as of Mar 30, 2026
Mar 20, 20120 then
Employees (5.A)6 as of Mar 30, 2026
Mar 22, 201310 then
Private funds: no history
RAUM +10.0% over the last fiscal year+11% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
RAUM per advisor
$283MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
23derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$10.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
84%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+10.0%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$898M79%
  • High-net-worth individuals$172M15%
  • Charitable organizations$51.3M4.5%
  • Individuals$11.9M1.1%
Individual clients
41reported
HNW clients
51reported
Pension plan clients
n/areported
Charitable clients
17reported
Accounts
113reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.16 fund_share=0.0 institutional_share=0.84 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R•••• W•••••••• D••••••B•••••, MaMay 10, 201038 y1
C•••••• R•••••• D• B••••B•••••, MaMay 10, 201038 y1
R•••••• B••••••••• V••••••B•••••, MaMay 10, 201038 y1
M•••••• E•••• S••••Chartered Financial AnalystB•••••, MaMar 24, 201133 y3
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D• B••••• C••••••• R•••••• · Family Of C. R•••••• De B••••control
    since 02/2024 · owns 50% to 75%
  • D••••••• R••••• W•••••••• · Directorcontrol
    since 05/2012 · owns less than 5%
  • J•••••• M•••••••• P••••• · Account Administratorcontrol
    since 02/2015 · owns less than 5%
  • K•••• S••••••• F• · Vice President -Portfolio Managercontrol
    since 10/2017 · owns less than 5%
  • R•••••••• M•••••• C•••• · Associate Portfolio Managercontrol
    since 07/2016 · owns less than 5%
  • S•••••• A•••••• J••••• · Treasurercontrol
    since 04/2003 · owns 5% to 10%
  • S••••• M••••••• E•••• · President And Portfolio Managercontrol
    since 09/2020 · owns 25% to 50%
  • S••••• J•••• A•••••• · Directorcontrol
    since 05/2012 · owns less than 5%
  • W••••• J••••• L• · Chief Compliance Officercontrol
    since 03/2022 · 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
B•••••, Ma · principal400
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 104 to 113
    Mar 28, 2025 to Mar 30, 2026
  • HNW clients · 45 to 51
    Mar 28, 2025 to Mar 30, 2026
  • Individual clients · 38 to 41
    Mar 28, 2025 to Mar 30, 2026
  • Discretionary RAUM · $1.0B to $1.1B
    Mar 28, 2025 to Mar 30, 2026
  • HNW RAUM · $154M to $172M
    Mar 28, 2025 to Mar 30, 2026
  • Individual RAUM · $12.0M to $11.9M
    Mar 28, 2025 to Mar 30, 2026
  • RAUM · $1.0B to $1.1B
    Mar 28, 2025 to Mar 30, 2026
  • Accounts · 105 to 104
    Mar 29, 2024 to Mar 28, 2025
  • Advisory employees · 4 to 3
    Mar 29, 2024 to Mar 28, 2025
  • Charity clients · 19 to 17
    Mar 29, 2024 to Mar 28, 2025
  • HNW clients · 49 to 45
    Mar 29, 2024 to Mar 28, 2025
  • Individual clients · 32 to 38
    Mar 29, 2024 to Mar 28, 2025
  • Pension plan clients · 1.0 to unset
    Mar 29, 2024 to Mar 28, 2025
  • Assets in custody · $147,910 to $0
    Mar 29, 2024 to Mar 28, 2025
  • Custody of client assets · true to false
    Mar 29, 2024 to Mar 28, 2025
  • Employees · 7 to 6
    Mar 29, 2024 to Mar 28, 2025
  • Financial planning clients · unset to
    Mar 29, 2024 to Mar 28, 2025
  • State-registered IARs · 4 to 3
    Mar 29, 2024 to Mar 28, 2025
  • Discretionary RAUM · $943M to $1.0B
    Mar 29, 2024 to Mar 28, 2025
  • HNW RAUM · $155M to $154M
    Mar 29, 2024 to Mar 28, 2025
  • Individual RAUM · $11.2M to $12.0M
    Mar 29, 2024 to Mar 28, 2025
  • Pension RAUM · 9280000.0 to unset
    Mar 29, 2024 to Mar 28, 2025
  • RAUM · $943M to $1.0B
    Mar 29, 2024 to Mar 28, 2025
  • Charity clients · 18 to 19
    Mar 31, 2023 to Mar 29, 2024
  • HNW clients · 44 to 49
    Mar 31, 2023 to Mar 29, 2024
  • Individual clients · 38 to 32
    Mar 31, 2023 to Mar 29, 2024
  • Assets in custody · $153,589 to $147,910
    Mar 31, 2023 to Mar 29, 2024
  • Employees · 8 to 7
    Mar 31, 2023 to Mar 29, 2024
  • Discretionary RAUM · $831M to $943M
    Mar 31, 2023 to Mar 29, 2024
  • HNW RAUM · $126M to $155M
    Mar 31, 2023 to Mar 29, 2024
  • Individual RAUM · $14.3M to $11.2M
    Mar 31, 2023 to Mar 29, 2024
  • Pension RAUM · $7.5M to $9.3M
    Mar 31, 2023 to Mar 29, 2024
  • RAUM · $831M to $943M
    Mar 31, 2023 to Mar 29, 2024
  • Accounts · 106 to 105
    Mar 24, 2022 to Mar 31, 2023
  • Charity clients · 17 to 18
    Mar 24, 2022 to Mar 31, 2023
  • HNW clients · 51 to 44
    Mar 24, 2022 to Mar 31, 2023
  • Individual clients · 33 to 38
    Mar 24, 2022 to Mar 31, 2023
  • Discretionary RAUM · $1.0B to $831M
    Mar 24, 2022 to Mar 31, 2023
  • HNW RAUM · $172M to $126M
    Mar 24, 2022 to Mar 31, 2023
  • Individual RAUM · $12.8M to $14.3M
    Mar 24, 2022 to Mar 31, 2023
Signals
3 dated events
  • Robert Carl Sargent (Chief Compliance Officer) no longer on Schedule A of T•• D• B•••• G••••• I••• (listed 2021-07-23, absent 2022-03-24)
    Mar 24, 2022 · Control person left · inference
  • L. Julie Walsh (Chief Compliance Officer) appeared on Schedule A of T•• D• B•••• G••••• I•••
    Mar 24, 2022 · Control person joined · fact
  • P••••• M••••••• J••••• (Account Administrator) appeared on Schedule A of T•• D• B•••• G••••• I•••
    Mar 23, 2020 · Control person joined · fact
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
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
617-482-0275reportedpublic record, Form ADV, Mar 30, 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
Other adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$283Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026