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

The Bollard Group LLC

Independent wealth managerBoston, MassachusettsCRD 155317SEC 801-72749websiteIAPD
Latest filing Jul 15, 2026
First filing on the tape Mar 30, 2012 · 35 filings
SEC status approved since Oct 14, 2011
RAUM
$6.7B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
79%
$5.3B individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$6.7B
derived; firm RAUM over IAPD count
Employees
29
12 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
91
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$6.7B as of Jul 15, 2026
Mar 30, 2012$2.4B then
HNW client RAUM$5.3B as of Jul 15, 2026
Mar 28, 2018$3.5B then
State-registered IARs (5.B.3)1 as of Jul 15, 2026
Mar 30, 20120 then
Employees (5.A)29 as of Jul 15, 2026
Apr 1, 201340 then
Private funds91 as of Jul 15, 2026
Mar 30, 201272 then
RAUM -0.8% over the last fiscal year+8.8% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Jul 15, 2026; every figure names its basis
Archetypes, each a printed rule
  • Multi-family-office-like · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, average HNW client assets at least $25M, fewer than 200 HNW clients, and business name contains 'family office' or private funds are reported
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$6.7BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$380MderivedHNW RAUM over HNW clients
Average account
$13.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
29.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-0.8%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$5.3B79%
  • Pooled investment vehicles$1.4B21%
Individual clients
n/areported
HNW clients
14reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
490reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourly, performancereported
Class basis
private_client_share=0.79 fund_share=0.21 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jean Nmn QiuBoston, MaJul 17, 201821 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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      146 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Staysail 20 LLCReal Estate Fund$194M1Mar 30, 2022
      Spritsail 15 LLC$71.0M10Jul 15, 2026
      Staysail 1 LLCOther Private Fund$64.5M9Mar 22, 2017
      Skysail 10 LLCVenture Capital Fund$63.2M2Mar 22, 2016
      Staysail 14 LLCPrivate Equity Fund$57.6M11Mar 29, 2021
      Staysail 3 LLCPrivate Equity Fund$53.2M10Mar 28, 2018
      Staysail 11 LLCVenture Capital Fund$43.2M9Mar 23, 2020
      Spritsail 3 LLCHedge Fund$37.4M6Mar 30, 2022
      Staysail 8 LLCPrivate Equity Fund$37.1M9Mar 28, 2018
      Skysail 8 LLCPrivate Equity Fund$34.7M9Mar 31, 2015
      Skysail 11 LLCPrivate Equity Fund$33.4M9Mar 22, 2016
      Spritsail 6 LLCVenture Capital Fund$31.1M9Mar 29, 2023
      Skysail 20 LLCHedge Fund$30.7M8Mar 22, 2017
      Skysail 17 LLCVenture Capital Fund$29.6M2Mar 22, 2016
      Staysail 6 LLCVenture Capital Fund$29.5M1Mar 28, 2018
      Staysail 7 LLCPrivate Equity Fund$29.1M7Mar 28, 2018
      Spritsail 19 LLC$28.5M5Jul 15, 2026
      Skysail 2 LLCPrivate Equity Fund$27.7M12Mar 31, 2014
      Spritsail 1 LLCPrivate Equity Fund$26.5M9Mar 30, 2022
      Spritsail 17 LLC$24.0M10Jul 15, 2026
      Spritsail 4 LLCVenture Capital Fund$23.2M10Mar 29, 2023
      Triremes 14 LLCPrivate Equity Fund$21.4M11Mar 30, 2012
      Skysail 6 LLCVenture Capital Fund$20.9M9Mar 31, 2014
      Spritsail 16 LLC$20.6M9Jul 15, 2026
      Skysail 14 LLCVenture Capital Fund$20.4M3Mar 22, 2016
      Staysail 4 LLCVenture Capital Fund$19.1M8Mar 28, 2018
      Staysail 18 LLCHedge Fund$18.8M5Mar 30, 2022
      Spritsail 2 LLCPrivate Equity Fund$18.3M8Mar 30, 2022
      Staysail 15 LLCVenture Capital Fund$15.4M3Mar 30, 2022
      Spritsail 13 LLCVenture Capital Fund$15.0M9Mar 30, 2024
      Spritsail 18 LLC$12.5M5Jul 15, 2026
      Argonaut 22 LLCno longer reportedVenture Capital Fund$12.5M4Mar 30, 2012
      Skysail 5 LLCno longer reportedVenture Capital Fund$12.4M2Mar 31, 2014
      Spritsail 9 LLCVenture Capital Fund$12.2M8Mar 29, 2023
      Spritsail 7 LLCVenture Capital Fund$11.7M8Mar 29, 2023
      Scap-3a LLCPrivate Equity Fund$11.4M13Mar 30, 2012
      Windship 4a LLCno longer reportedVenture Capital Fund$11.2M4Mar 30, 2012
      Spritsail 10 LLCPrivate Equity Fund$11.2M8Mar 29, 2023
      Spritsail 11 LLCVenture Capital Fund$10.9M8Mar 29, 2023
      Galiot Partners 1 LLC$10.5M5Jul 15, 2026
      All funds of The Bollard Group LLC
      Owners and control persons
      Schedule A and B, latest filing
      • John Silvestro Calabrese · Membercontrol
        since 01/2002 · owns 10% to 25%
      • Elliot George Hibbard · Chief Compliance Officercontrol
        since 09/2010 · owns less than 5%
      • Nmn Anastasios Parafestas · Managing Member And Ceocontrol
        since 02/1995 · owns 75% or more
      • Nmn Jean Qiu · Membercontrol
        since 07/2005 · owns 10% to 25%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • many private funds relative to firm sizeStatic outlier · filing Jul 15, 2026
        private funds per $1B of RAUM of 13.5 against a peer median of 0.9 (58 comparable advisers, 100.0th percentile, 15.2 robust deviations)
        peers: independent wealth managers, $5B to $20B (58) · 100% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 485 to 490
        Jul 10, 2025 to Mar 31, 2026
      • Advisory employees · 11 to 12
        Jul 10, 2025 to Mar 31, 2026
      • HNW clients · 13 to 14
        Jul 10, 2025 to Mar 31, 2026
      • Assets in custody · 7209741585.0 to unset
        Jul 10, 2025 to Mar 31, 2026
      • Custody of client assets · true to false
        Jul 10, 2025 to Mar 31, 2026
      • Employees · 33 to 29
        Jul 10, 2025 to Mar 31, 2026
      • Private funds · 81 to 91
        Jul 10, 2025 to Mar 31, 2026
      • Discretionary RAUM · $6.7B to $6.5B
        Jul 10, 2025 to Mar 31, 2026
      • HNW RAUM · $5.5B to $5.3B
        Jul 10, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $106M to $233M
        Jul 10, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.2B to $1.4B
        Jul 10, 2025 to Mar 31, 2026
      • RAUM · $6.8B to $6.7B
        Jul 10, 2025 to Mar 31, 2026
      • Financial planning clients · 11-25 to 11-25
        Mar 31, 2025 to Jul 10, 2025
      • Accounts · 476 to 485
        Jul 18, 2024 to Mar 31, 2025
      • Advisory employees · 10 to 11
        Jul 18, 2024 to Mar 31, 2025
      • HNW clients · 14 to 13
        Jul 18, 2024 to Mar 31, 2025
      • Assets in custody · $6.2B to $7.2B
        Jul 18, 2024 to Mar 31, 2025
      • Employees · 29 to 33
        Jul 18, 2024 to Mar 31, 2025
      • Discretionary RAUM · $5.5B to $6.7B
        Jul 18, 2024 to Mar 31, 2025
      • HNW RAUM · $4.4B to $5.5B
        Jul 18, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $123M to $106M
        Jul 18, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.3B to $1.2B
        Jul 18, 2024 to Mar 31, 2025
      • RAUM · $5.7B to $6.8B
        Jul 18, 2024 to Mar 31, 2025
      • Accounts · 473 to 476
        Dec 14, 2023 to Mar 30, 2024
      • Advisory employees · 12 to 10
        Dec 14, 2023 to Mar 30, 2024
      • HNW clients · 13 to 14
        Dec 14, 2023 to Mar 30, 2024
      • Pooled vehicle clients · 11 to 10
        Dec 14, 2023 to Mar 30, 2024
      • Assets in custody · $7.2B to $6.2B
        Dec 14, 2023 to Mar 30, 2024
      • Employees · 28 to 29
        Dec 14, 2023 to Mar 30, 2024
      • Private funds · 84 to 81
        Dec 14, 2023 to Mar 30, 2024
      • Discretionary RAUM · $5.1B to $5.5B
        Dec 14, 2023 to Mar 30, 2024
      • HNW RAUM · $4.0B to $4.4B
        Dec 14, 2023 to Mar 30, 2024
      • Non-discretionary RAUM · $132M to $123M
        Dec 14, 2023 to Mar 30, 2024
      • Pooled vehicle RAUM · $1.2B to $1.3B
        Dec 14, 2023 to Mar 30, 2024
      • RAUM · $5.2B to $5.7B
        Dec 14, 2023 to Mar 30, 2024
      • Accounts · 498 to 473
        Jun 29, 2022 to Mar 29, 2023
      • HNW clients · 14 to 13
        Jun 29, 2022 to Mar 29, 2023
      • Assets in custody · $7.9B to $7.2B
        Jun 29, 2022 to Mar 29, 2023
      • Private funds · 81 to 84
        Jun 29, 2022 to Mar 29, 2023
      • Discretionary RAUM · $5.3B to $5.1B
        Jun 29, 2022 to Mar 29, 2023
      Signals
      4 dated events
      • Nmn Mary Ellen Malloy (Manager Of Aldersey Street Llc; Executive Officer) no longer on Schedule A of The Bollard Group Llc (listed 2019-07-09, absent 2020-03-23)
        Mar 23, 2020 · Control person left · inference
      • Nmn Jean Qiu (Member) appeared on Schedule A of The Bollard Group Llc
        Mar 23, 2020 · Control person joined · fact
      • David Marc Poirier (Director) no longer on Schedule A of The Bollard Group Llc (listed 2018-07-17, absent 2019-03-27)
        Mar 27, 2019 · Control person left · inference
      • Scott Michael Wheeler (Director) no longer on Schedule A of The Bollard Group Llc (listed 2018-07-17, absent 2019-03-27)
        Mar 27, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Business phone
      617-720-3490reportedpublished by the firm, firm site, Sep 17, 2026
      Business phone
      617-720-5800reportedpublished by the firm, firm site, Sep 17, 2026
      Website
      BOLLARD.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      617-720-5800reportedpublic record, Form ADV, Jul 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
      $6.7Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      The Bollard Group LLC is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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