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

Independence Financial Advisors, LLC

Independent wealth managerFranklin, New HampshireCRD 156305SEC 801-81025website IAPD

Latest filing Dec 19, 2025

First filing on the tape Feb 18, 2015 · 14 filings

SEC status approved since Mar 12, 2015

RAUM

$464M

reported, Item 5.F

Discretionary

94%

of RAUM

Private clients

88%

$407M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$58.0M

derived; firm RAUM over IAPD count

Employees

7 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

14 filings and snapshots on the tape

RAUM$464M as of Dec 19, 2025

Dec 23, 2015$146M then

HNW client RAUM$84.6M as of Dec 19, 2025

Dec 26, 2017$38.4M then

State-registered IARs (5.B.3)6 as of Dec 19, 2025

Dec 23, 20153 then

Employees (5.A)11 as of Dec 19, 2025

Dec 23, 20153 then

Private funds: no history

RAUM +33% over the last fiscal year+12% a year over threeIARs 4 to 6offices 8 to 7

Practice profile

derived from the filing of Dec 19, 2025; every figure names its basis

Archetypes, each a printed rule

Bank 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
Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)

RAUM per advisor: $58.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 342derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $2.2MderivedHNW RAUM over HNW clients
Average account: $151,319derivedRAUM over accounts (5.F.2.f)
Discretionary: 94%derivedof RAUM
Institutional: 8.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.4derivedItem 5.A over advisors
Advisors per office: 1.0derived8 offices incl. principal (1.F.5)
RAUM growth, one year: +24%derivedbetween the last two annual amendments
Advisor growth, one year: +25%derivedItem 5.B.3 between annual amendments
Client growth, one year: +5.9%derived
Compensation: percentage of assets, hourly, otherreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 5.G
Financial planning clients: 1,000reportedItem 5.H
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 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)
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

Individuals$322M69%
High-net-worth individuals$84.6M18%
Pension and profit-sharing plans$29.9M6.4%
Corporations and businesses$18.3M4.0%
State and municipal entities$9.0M1.9%

Individual clients: 2,695reported
HNW clients: 39reported
Pension plan clients: 5reported
Charitable clients: n/areported
Accounts: 3,065reported
Financial planning clients: 1,000reported
Wrap fee programs: noreported
Custody of client assets: noreported
Compensation: % of AUM, hourlyreported
Class basis: private_client_share=0.88 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived

Advisors registered through the firm

8 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Paul William Gatehouse	Franklin, Nh	Apr 11, 2011	40 y	2
Michael Francis Ventura	Franklin, Nh	Apr 11, 2011	33 y	1
Mark Paige Perkins	Franklin, Nh	May 30, 2018	9 y	0
Luca Anthony D ItaliaCertified Financial Planner	Franklin, Nh	Dec 26, 2018	16 y	6
Christopher Thomas Pessotti	Chelmsford, Ma	Jan 27, 2019	14 y	0
Pamela Lynn Hannan	Franklin, Nh	Feb 19, 2021	20 y	1
Luis Mauricio Trigueros	Rochester, Nh	Jun 6, 2025	11 y	0
Glen Arthur Moore	Franklin, Nh	Oct 22, 2025	20 y	0

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 headcount1 left over 36 months

Left, latest

Geoffrey Edward Tuthill to Mariner
May 28, 2025 · RIA to affiliated broker-dealer or bank
Jaimie L. Sousa to Focus Partners Wealth, LLC
Dec 20, 2022 · RIA to RIA

Joined, latest

Geoffrey Edward Tuthill from Northwestern Mutual Investment Services,LLC
Jan 30, 2024 · Other
Pamela Lynn Hannan from Osaic Institutions, Inc.
Feb 19, 2021 · Affiliated broker-dealer or bank to independent RIA
Jaimie L. Sousa from Cambridge Investment Research Advisors, Inc.
Sep 2, 2019 · Affiliated broker-dealer or bank to independent RIA
Luca Anthony D Italia from Osaic Institutions, Inc.
Dec 26, 2018 · Affiliated broker-dealer or bank to independent RIA
Paul William Gatehouse from Osaic Institutions, Inc.
Apr 11, 2011 · Other
Michael Francis Ventura from Osaic Institutions, Inc.
Apr 11, 2011 · Other

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

William Paul Gatehouse · Senior Vice Presidentcontrol
since 12/2010 · owns less than 5%
Francis Michael Ventura · Chief Compliance Officer, President And Ceocontrol
since 12/2010 · owns less than 5%

Entity owners

Franklin Savings Bank · Member
direct · owns 75% or more

Related persons

Schedule D 7.A

Franklin Savings Bank
y

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Franklin, Nh · principal	8	1	0
Merrimack, Nh	0	0	0

Offices

Schedule D 1.F, the 25 largest

Tilton, NH2 employees
Manchester, NH2 employees
Bedford, NH2 employees
Gilford, NH1 employees
Rochester, NH1 employees
Merrimack, NH1 employees
Boscawen, NH1 employees
Bristol, NH1 employees

ADV anomalies

1 against comparable advisers; where to look, not conclusions

unusually high clients per advisorStatic outlier · filing Dec 19, 2025
private clients per advisor of 341.8 against a peer median of 57.3 (3075 comparable advisers, 99.0th percentile, 8.1 robust deviations)
peers: independent wealth managers, $100M to $500M (3,075) · 99% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 2,732 to 3,065
Dec 20, 2024 to Dec 19, 2025
Advisory employees · 8 to 7
Dec 20, 2024 to Dec 19, 2025
Corporate clients · 38 to 32
Dec 20, 2024 to Dec 19, 2025
HNW clients · 38 to 39
Dec 20, 2024 to Dec 19, 2025
Individual clients · 2,652 to 2,695
Dec 20, 2024 to Dec 19, 2025
Pension plan clients · 4 to 5
Dec 20, 2024 to Dec 19, 2025
Financial planning clients · More than 500 to More than 500
Dec 20, 2024 to Dec 19, 2025
State-registered IARs · 5 to 6
Dec 20, 2024 to Dec 19, 2025
Other offices · 8 to 7
Dec 20, 2024 to Dec 19, 2025
Discretionary RAUM · $411M to $434M
Dec 20, 2024 to Dec 19, 2025
HNW RAUM · $69.2M to $84.6M
Dec 20, 2024 to Dec 19, 2025
Individual RAUM · $325M to $322M
Dec 20, 2024 to Dec 19, 2025
Non-discretionary RAUM · $22.0M to $29.9M
Dec 20, 2024 to Dec 19, 2025
Pension RAUM · $22.0M to $29.9M
Dec 20, 2024 to Dec 19, 2025
RAUM · $433M to $464M
Dec 20, 2024 to Dec 19, 2025
Accounts · 2,578 to 2,732
Jan 31, 2024 to Dec 20, 2024
Advisory employees · 7 to 8
Jan 31, 2024 to Dec 20, 2024
Corporate clients · 33 to 38
Jan 31, 2024 to Dec 20, 2024
HNW clients · 32 to 38
Jan 31, 2024 to Dec 20, 2024
Individual clients · 2,509 to 2,652
Jan 31, 2024 to Dec 20, 2024
Employees · 10 to 11
Jan 31, 2024 to Dec 20, 2024
State-registered IARs · 4 to 5
Jan 31, 2024 to Dec 20, 2024
Discretionary RAUM · $330M to $411M
Jan 31, 2024 to Dec 20, 2024
HNW RAUM · $49.6M to $69.2M
Jan 31, 2024 to Dec 20, 2024
Individual RAUM · $266M to $325M
Jan 31, 2024 to Dec 20, 2024
Non-discretionary RAUM · $18.7M to $22.0M
Jan 31, 2024 to Dec 20, 2024
Pension RAUM · $18.7M to $22.0M
Jan 31, 2024 to Dec 20, 2024
RAUM · $349M to $433M
Jan 31, 2024 to Dec 20, 2024
Accounts · 2,337 to 2,578
Jan 3, 2023 to Dec 14, 2023
Corporate clients · 27 to 33
Jan 3, 2023 to Dec 14, 2023
HNW clients · 26 to 32
Jan 3, 2023 to Dec 14, 2023
Individual clients · 2,279 to 2,509
Jan 3, 2023 to Dec 14, 2023
Pension plan clients · 5 to 4
Jan 3, 2023 to Dec 14, 2023
Discretionary RAUM · $312M to $330M
Jan 3, 2023 to Dec 14, 2023
HNW RAUM · $48.3M to $49.6M
Jan 3, 2023 to Dec 14, 2023
Individual RAUM · $252M to $266M
Jan 3, 2023 to Dec 14, 2023
Non-discretionary RAUM · $17.4M to $18.7M
Jan 3, 2023 to Dec 14, 2023
Pension RAUM · $17.4M to $18.7M
Jan 3, 2023 to Dec 14, 2023
RAUM · $330M to $349M
Jan 3, 2023 to Dec 14, 2023
Accounts · 2,115 to 2,337
Dec 22, 2021 to Jan 3, 2023

Signals

3 dated events

Geoffrey Edward Tuthill left Independence Financial Advisors, Llc for Mariner (registered 2025-05-09)
May 28, 2025 · Advisor changed firm · fact
Jaimie L. Sousa left Independence Financial Advisors, Llc for Focus Partners Wealth, Llc (registered 2022-09-21)
Dec 20, 2022 · Advisor changed firm · fact
Independence Financial Advisors, Llc filed its initial SEC registration (Form ADV)
Feb 18, 2015 · 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 phone: 603-335-0206reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 603-455-2569reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 603-455-6086reportedpublished by the firm, firm site, Sep 15, 2026
Website: IFA-NH.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 603-934-4445reportedpublic record, Form ADV, Dec 19, 2025
Contact form: ifa-nh.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page: ifa-nh.com/the-team/advisorsreportedpublished 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: $58.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026