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

N•• H••••• F•••••••• G••••• L••

Independent wealth managerWorcester, MassachusettsCRD 155528SEC 801-72007websiteIAPD
Latest filing Jul 27, 2026
First filing on the tape Mar 5, 2012 · 53 filings
SEC status approved since Dec 21, 2010
RAUM
$821M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
98%
$806M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$164M
derived; firm RAUM over IAPD count
Employees
9
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$821M as of Jul 27, 2026
Mar 5, 2012$208M then
HNW client RAUM$563M as of Jul 27, 2026
Mar 4, 2018$63.6M then
State-registered IARs (5.B.3)6 as of Jul 27, 2026
Mar 14, 20134 then
Employees (5.A)9 as of Jul 27, 2026
Mar 14, 20135 then
Private funds: no history
RAUM +42% over the last fiscal year+25% a year over threeIARs 5 to 6
Practice profile
derived from the filing of Jul 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
$164MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
202derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$373,659derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
1.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+42%derivedbetween the last two annual amendments
Advisor growth, one year
+20%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, educational seminarsreportedItem 5.G
Custody
$268M, 380 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$563M69%
  • Individuals$243M30%
  • Charitable organizations$7.9M1.0%
  • Pension and profit-sharing plans$6.9M0.8%
Individual clients
728reported
HNW clients
282reported
Pension plan clients
4reported
Charitable clients
5reported
Accounts
2,197reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$268M for 380 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• R••••• P••••••Certified Financial PlannerWorcester, MaJan 6, 201126 y1
J••• C••••••••• L•••••Certified Financial PlannerWorcester, MaJan 6, 201122 y1
J••••• D•••• G••••••Worcester, MaJan 17, 201214 y0
K•••••• M•••• S•••••Worcester, MaOct 17, 202218 y1
J••• P••• M••••Worcester, MaJul 3, 202411 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
  • L•••••• J••• · Managing Membercontrol
    since 01/2005 · owns 50% to 75%
  • P••••••• M••••••• R••••• · Managing Membercontrol
    since 01/2005 · owns 50% to 75%
  • D•••••• C••••••••• M•••• · Chief Compliance Officer
    since 01/2011 · 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
Worcester, Ma · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • RAUM up 25 %Change between filings · filing Apr 6, 2026
    RAUM (Item 5.F) moved from $576,915,016 to $820,929,255 (+42.0%) between the annual amendments of 2025-02-28 and 2026-04-06; the peer median change was +16.0% (1385 comparable advisers, 91.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,385) · 91% percentile
  • HNW share shiftChange between filings · filing Apr 6, 2026
    HNW share of RAUM moved from 53.0% to 69.0% between the annual amendments of 2025-02-28 and 2026-04-06
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 2,012 to 2,197
    Jul 29, 2025 to Mar 31, 2026
  • Advisory employees · 5 to 6
    Jul 29, 2025 to Mar 31, 2026
  • HNW clients · 156 to 282
    Jul 29, 2025 to Mar 31, 2026
  • Individual clients · 791 to 728
    Jul 29, 2025 to Mar 31, 2026
  • Pension plan clients · 7 to 4
    Jul 29, 2025 to Mar 31, 2026
  • Assets in custody · $160M to $268M
    Jul 29, 2025 to Mar 31, 2026
  • Employees · 8 to 9
    Jul 29, 2025 to Mar 31, 2026
  • State-registered IARs · 5 to 6
    Jul 29, 2025 to Mar 31, 2026
  • Discretionary RAUM · $564M to $794M
    Jul 29, 2025 to Mar 31, 2026
  • HNW RAUM · $308M to $563M
    Jul 29, 2025 to Mar 31, 2026
  • Individual RAUM · $256M to $243M
    Jul 29, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $13.2M to $26.6M
    Jul 29, 2025 to Mar 31, 2026
  • Pension RAUM · $5.6M to $6.9M
    Jul 29, 2025 to Mar 31, 2026
  • RAUM · $577M to $821M
    Jul 29, 2025 to Mar 31, 2026
  • Financial planning clients · 0 to 0
    Feb 28, 2025 to Jul 29, 2025
  • Accounts · 1,972 to 2,012
    Sep 18, 2024 to Feb 28, 2025
  • Advisory employees · 4 to 5
    Sep 18, 2024 to Feb 28, 2025
  • Advisory activities · 3 to 4
    Sep 18, 2024 to Feb 28, 2025
  • Charity clients · 2 to 5
    Sep 18, 2024 to Feb 28, 2025
  • HNW clients · 136 to 156
    Sep 18, 2024 to Feb 28, 2025
  • Individual clients · 838 to 791
    Sep 18, 2024 to Feb 28, 2025
  • Pension plan clients · 3 to 7
    Sep 18, 2024 to Feb 28, 2025
  • Assets in custody · $180M to $160M
    Sep 18, 2024 to Feb 28, 2025
  • Employees · 7 to 8
    Sep 18, 2024 to Feb 28, 2025
  • Discretionary RAUM · $470M to $564M
    Sep 18, 2024 to Feb 28, 2025
  • HNW RAUM · $248M to $308M
    Sep 18, 2024 to Feb 28, 2025
  • Individual RAUM · $242M to $256M
    Sep 18, 2024 to Feb 28, 2025
  • Non-discretionary RAUM · $25.6M to $13.2M
    Sep 18, 2024 to Feb 28, 2025
  • Pension RAUM · $687,577 to $5.6M
    Sep 18, 2024 to Feb 28, 2025
  • RAUM · $495M to $577M
    Sep 18, 2024 to Feb 28, 2025
  • Accounts · 1,792 to 1,972
    Sep 5, 2023 to Mar 8, 2024
  • HNW clients · 97 to 136
    Sep 5, 2023 to Mar 8, 2024
  • Individual clients · 816 to 838
    Sep 5, 2023 to Mar 8, 2024
  • Pension plan clients · 5 to 3
    Sep 5, 2023 to Mar 8, 2024
  • Assets in custody · $46.6M to $180M
    Sep 5, 2023 to Mar 8, 2024
  • Employees · 6 to 7
    Sep 5, 2023 to Mar 8, 2024
  • Financial planning clients · 1-10 to 0
    Sep 5, 2023 to Mar 8, 2024
  • Discretionary RAUM · $411M to $470M
    Sep 5, 2023 to Mar 8, 2024
  • HNW RAUM · $176M to $248M
    Sep 5, 2023 to Mar 8, 2024
  • Individual RAUM · $235M to $242M
    Sep 5, 2023 to Mar 8, 2024
Signals
2 dated events
  • N•• H••••• F•••••••• G••••• L•• reported RAUM $820.9M, up 42% from $576.9M (2025-07-29 to 2026-03-31)
    Mar 31, 2026 · RAUM change · derived
  • N•• H••••• F•••••••• G••••• L•• reported RAUM $276.0M, up 78% from $155.1M (2021-02-12 to 2021-03-03)
    Mar 3, 2021 · 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 email
i•••@n•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
800-930-6434reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
978-537-7701reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/newharborfinancialgroupreportedpublic record, Form ADV, Sep 19, 2026
Website
NEWH•••••FINANCIAL.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
978-537-7701reportedpublic record, Form ADV, Jul 27, 2026
Team page
n•••••••••.comreportedpublished 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
$164Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026