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 Dowling Group Wealth Management
Legal name Dowling Financial Services, Inc
Latest filing Feb 19, 2026
First filing on the tape Jun 17, 2024 · 7 filings
SEC status approved since Jul 23, 2024
RAUM
$179M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
93%
$168M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$89.6M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$179M as of Feb 19, 2026
Mar 14, 2025$166M then
HNW client RAUM$45.2M as of Feb 19, 2026
Mar 14, 2025$111M then
State-registered IARs (5.B.3)2 as of Feb 19, 2026
Mar 14, 20253 then
Employees (5.A)3 as of Feb 19, 2026
Mar 14, 20254 then
Private funds: no history
RAUM +8.2% over the last fiscal yearIARs 3 to 2
Practice profile
derived from the filing of Feb 19, 2026; every figure names its basis
Archetypes, each a printed rule
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $89.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 161derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $416,906derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 96%derivedof RAUM
- Institutional
- 6.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.2%derivedbetween the last two annual amendments
- Advisor growth, one year
- -33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +234%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisersreportedItem 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
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$122M68%
- High-net-worth individuals$45.2M25%
- Pension and profit-sharing plans$9.7M5.4%
- State and municipal entities$2.0M1.1%
- Individual clients
- 301reported
- HNW clients
- 20reported
- Pension plan clients
- 2reported
- Charitable clients
- 0reported
- Accounts
- 430reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.93 fund_share=0.0 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Joseph Michael Dowling | Greenwich, Ct | Jan 7, 2019 | 37 y | 2 |
| Sean Michael DowlingCertified Financial Planner | Greenwich, Ct | Jan 7, 2019 | 16 y | 2 |
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 100% of current headcount2 left over 36 months
Left, latest
- Carlton Edwin Anderson to SavvyJan 27, 2026 · RIA to RIA
- Joseph Anthony Manno to Merit Financial Partners LLCOct 14, 2025 · RIA to RIA
- Michael Anthony Buccino to Joel Isaacson & Co., LLCJan 23, 2018 · RIA to RIA
- William Joseph Ryan to Ayrshire Capital Management LLCJan 23, 2018 · Other
Joined, latest
- Carlton Edwin Anderson from Ameriprise Financial Services, LLCMar 31, 2020 · Affiliated broker-dealer or bank to independent RIA
- William Joseph Ryan from Wjr Financial, LLCFeb 11, 2017 · Other
- Michael Anthony Buccino from The Dowling Group, Financial CounsellorsJan 2, 2013 · Other
- Joseph Michael Dowling from The Dowling Group, Financial CounsellorsJan 4, 2011 · Other
- Sean Michael Dowling from The Dowling Group, Financial CounsellorsJan 4, 2011 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michael Sean Dowling · President & Chief Compliance Officercontrolsince 11/2010 · owns 75% or more
Related persons
Schedule D 7.A
- Dowling Financial Group, LLCreal estaten
- Dowling Tax Group, LLCinsurancen
- Sean Michael Dowlinginvestment companyreal estatey
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Greenwich, Ct · principal | 2 | 0 | 2 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- account count surgeChange between filings · filing Feb 19, 2026accounts (Item 5.F.2.f) moved from 280.0 to 430.0 (+54.0%) between the annual amendments of 2025-03-14 and 2026-02-19; the peer median change was +5.0% (3688 comparable advisers, 96.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,688) · 96% percentile
- HNW share shiftChange between filings · filing Feb 19, 2026HNW share of RAUM moved from 67.0% to 25.0% between the annual amendments of 2025-03-14 and 2026-02-19peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 280 to 430Oct 14, 2025 to Feb 19, 2026
- HNW clients · 17 to 20Oct 14, 2025 to Feb 19, 2026
- Individual clients · 79 to 301Oct 14, 2025 to Feb 19, 2026
- Pension plan clients · 3 to 2Oct 14, 2025 to Feb 19, 2026
- Financial planning clients · 51-100 to 1-10Oct 14, 2025 to Feb 19, 2026
- Discretionary RAUM · $154M to $173MOct 14, 2025 to Feb 19, 2026
- HNW RAUM · $111M to $45.2MOct 14, 2025 to Feb 19, 2026
- Individual RAUM · $45.5M to $122MOct 14, 2025 to Feb 19, 2026
- Non-discretionary RAUM · $11.8M to $6.7MOct 14, 2025 to Feb 19, 2026
- Pension RAUM · $8.8M to $9.7MOct 14, 2025 to Feb 19, 2026
- RAUM · $166M to $179MOct 14, 2025 to Feb 19, 2026
- Advisory employees · 3 to 2Jun 9, 2025 to Oct 14, 2025
- Employees · 4 to 3Jun 9, 2025 to Oct 14, 2025
- State-registered IARs · 3 to 2Jun 9, 2025 to Oct 14, 2025
- Financial planning clients · 51-100 to 51-100Mar 14, 2025 to Jun 9, 2025
- Accounts · 275 to 280Aug 27, 2024 to Mar 14, 2025
- HNW clients · 18 to 17Aug 27, 2024 to Mar 14, 2025
- Financial planning clients · 11-25 to 51-100Aug 27, 2024 to Mar 14, 2025
- Discretionary RAUM · $129M to $154MAug 27, 2024 to Mar 14, 2025
- HNW RAUM · $115M to $111MAug 27, 2024 to Mar 14, 2025
- Individual RAUM · $17.0M to $45.5MAug 27, 2024 to Mar 14, 2025
- Non-discretionary RAUM · $10.9M to $11.8MAug 27, 2024 to Mar 14, 2025
- Pension RAUM · $7.3M to $8.8MAug 27, 2024 to Mar 14, 2025
- RAUM · $140M to $166MAug 27, 2024 to Mar 14, 2025
Signals
3 dated events
- Carlton Edwin Anderson left The Dowling Group Wealth Management for Savvy (registered 2026-09-11)Jan 27, 2026 · Advisor changed firm · fact
- Joseph Anthony Manno left The Dowling Group Wealth Management for Merit Financial Partners Llc (registered 2025-10-17)Oct 14, 2025 · Advisor changed firm · fact
- The Dowling Group Wealth Management filed its initial SEC registration (Form ADV)Jun 17, 2024 · First SEC registration · 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
- Business email
- info@thedowlinggroup.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 203-967-2231reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- THEDOWLINGGROUP.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 203-967-2231reportedpublic record, Form ADV, Feb 19, 2026
- Contact form
- thedowlinggroup.com/contact-usreportedpublished by the firm, firm site, Sep 17, 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
- $89.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026