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.

Former SEC-registered adviser

Ropes Wealth Advisors

Former SEC-registered adviserBoston, MassachusettsCRD 168615SEC 801-80238IAPD
Legal name Ropes Wealth Advisors LLC
Latest filing Jul 28, 2023
First filing on the tape Aug 15, 2014 · 21 filings
RAUM
$6.5B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
86%
$5.6B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
41
11 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$6.5B as of Mar 30, 2023
Jan 15, 2015$2.7B then
HNW client RAUM$5.4B as of Mar 30, 2023
Mar 29, 2018$3.0B then
State-registered IARs (5.B.3)9 as of Mar 30, 2023
Jan 15, 20156 then
Employees (5.A)41 as of Mar 30, 2023
Jan 15, 201510 then
Private funds: no history
RAUM -14% over the last fiscal year+8.9% a year over threeIARs 9 to 9
Practice profile
derived from the filing of Jul 28, 2023; every figure names its basis
RAUM per advisor
$719MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
147derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.9MderivedHNW RAUM over HNW clients
Average account
$1.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.6derivedItem 5.A over advisors
Advisors per office
9.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$2.5B, 527 clientsreportedItem 9.A
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$5.4B84%
  • Charitable organizations$448M6.9%
  • Pension and profit-sharing plans$407M6.3%
  • Individuals$134M2.1%
  • Corporations and businesses$33.8M0.5%
Individual clients
405reported
HNW clients
921reported
Pension plan clients
n/areported
Charitable clients
20reported
Accounts
3,632reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$2.5B for 527 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Ann Michelle Knight · President And Chief Economistcontrol
      since 01/2020 · owns less than 5%
    • Guy Matthew Hamilton · Managercontrol
      since 12/2020 · owns F of Ai Holdings Gp, LLC
    • Lynn Chelsea Jurman · Managercontrol
      since 12/2020 · owns F of Ai Holdings Gp, LLC
    • Hale James Lowell · Managercontrol
      since 12/2020 · owns F of Ai Holdings Gp, LLC
    • Philip Daniel Wiener · Managercontrol
      since 12/2020 · owns F of Ai Holdings Gp, LLC
    • Krishna Vamsi Yadlapati · Managercontrol
      since 12/2020 · owns F of Ai Holdings Gp, LLC
    • Dibarnaba Kristin Fazio · Chief Compliance Officer
      since 01/2015 · owns less than 5%
    • Edmund Joseph Powers · Chief Investment Officer
      since 01/2020 · owns less than 5%
    Entity owners
    • Adviser Investments · Managing Member
      direct · owns 75% or more
    • Ai Holdings Gp, LLC · General Partner
      indirect · owns F of Sp-Ai Holdings, L.P.
    • Ai Intermediate, LLC · Managing Member
      indirect · owns 75% or more of Adviser Investments
    • Ai Parent, LLC · Managing Member
      indirect · owns F of Ai Intermediate, LLC
    • Sp-Ai Holdings, L.P. · Managing Member
      indirect · owns F of Ai Parent, LLC
    • Summit Master Company, LLC · General Partner
      indirect · owns F of Summit Partners, L.P.
    • Summit Partners Ge X, LP · General Partner
      indirect · owns F of Summit Partners Growth Equity Fund X-A, L.P.
    • Summit Partners Growth Equity Fund X-A, L.P. · Limited Partner
      indirect · owns 25% to 50% of Sp-Ai Holdings, L.P.
    • Summit Partners, L.P. · General Partner
      indirect · owns F of Summit Partners Ge X, LP
    Related persons
    Schedule D 7.A
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Boston, Ma · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Related adviser · false to true
      Mar 30, 2023 to Jul 28, 2023
    • Accounts · 3,332 to 3,632
      Mar 29, 2022 to Mar 30, 2023
    • Advisory employees · 10 to 11
      Mar 29, 2022 to Mar 30, 2023
    • Charity clients · 16 to 20
      Mar 29, 2022 to Mar 30, 2023
    • HNW clients · 873 to 921
      Mar 29, 2022 to Mar 30, 2023
    • Individual clients · 402 to 405
      Mar 29, 2022 to Mar 30, 2023
    • Assets in custody · $2.0B to $2.5B
      Mar 29, 2022 to Mar 30, 2023
    • Employees · 37 to 41
      Mar 29, 2022 to Mar 30, 2023
    • Discretionary RAUM · $7.3B to $6.2B
      Mar 29, 2022 to Mar 30, 2023
    • HNW RAUM · $6.4B to $5.4B
      Mar 29, 2022 to Mar 30, 2023
    • Individual RAUM · $168M to $134M
      Mar 29, 2022 to Mar 30, 2023
    • Non-discretionary RAUM · $181M to $248M
      Mar 29, 2022 to Mar 30, 2023
    • Pension RAUM · $516M to $407M
      Mar 29, 2022 to Mar 30, 2023
    • RAUM · $7.5B to $6.5B
      Mar 29, 2022 to Mar 30, 2023
    • Accounts · 2,986 to 3,332
      Mar 29, 2021 to Mar 29, 2022
    • Charity clients · 17 to 16
      Mar 29, 2021 to Mar 29, 2022
    • HNW clients · 769 to 873
      Mar 29, 2021 to Mar 29, 2022
    • Individual clients · 427 to 402
      Mar 29, 2021 to Mar 29, 2022
    • Assets in custody · $1.3B to $2.0B
      Mar 29, 2021 to Mar 29, 2022
    • Employees · 33 to 37
      Mar 29, 2021 to Mar 29, 2022
    • Financial planning clients · 51-100 to 101-250
      Mar 29, 2021 to Mar 29, 2022
    • State-registered IARs · 10 to 9
      Mar 29, 2021 to Mar 29, 2022
    • Discretionary RAUM · $6.2B to $7.3B
      Mar 29, 2021 to Mar 29, 2022
    • HNW RAUM · $5.2B to $6.4B
      Mar 29, 2021 to Mar 29, 2022
    • Individual RAUM · $183M to $168M
      Mar 29, 2021 to Mar 29, 2022
    • Non-discretionary RAUM · $139M to $181M
      Mar 29, 2021 to Mar 29, 2022
    • Pension RAUM · $474M to $516M
      Mar 29, 2021 to Mar 29, 2022
    • RAUM · $6.3B to $7.5B
      Mar 29, 2021 to Mar 29, 2022
    • Accounts · 2,693 to 2,986
      Dec 23, 2020 to Mar 29, 2021
    • Charity clients · 19 to 17
      Dec 23, 2020 to Mar 29, 2021
    • Corporate clients · 4.0 to unset
      Dec 23, 2020 to Mar 29, 2021
    • HNW clients · 694 to 769
      Dec 23, 2020 to Mar 29, 2021
    • Individual clients · 436 to 427
      Dec 23, 2020 to Mar 29, 2021
    • Pension plan clients · 3.0 to unset
      Dec 23, 2020 to Mar 29, 2021
    • Assets in custody · $1.2B to $1.3B
      Dec 23, 2020 to Mar 29, 2021
    • Employees · 36 to 33
      Dec 23, 2020 to Mar 29, 2021
    • Discretionary RAUM · $4.9B to $6.2B
      Dec 23, 2020 to Mar 29, 2021
    • HNW RAUM · $4.1B to $5.2B
      Dec 23, 2020 to Mar 29, 2021
    • Individual RAUM · $188M to $183M
      Dec 23, 2020 to Mar 29, 2021
    • Non-discretionary RAUM · $131M to $139M
      Dec 23, 2020 to Mar 29, 2021
    Signals
    21 dated events
    • Michelle Ann Knight left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-14)
      Nov 29, 2023 · Advisor changed firm · fact
    • Winfield Craven Grimm left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Michael James Stevens left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Joseph Edmund Powers left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Blake Mackay Russell left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Shruti Bansal left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Sean Clifford Turner left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Daniel Luiz Almeida left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-13)
      Nov 29, 2023 · Advisor changed firm · fact
    • Jennifer K Loveless left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Francis John Sennott left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Terrence Callahan Tedeschi left Ropes Wealth Advisors for Rwa Wealth Partners (registered 2023-12-06)
      Nov 29, 2023 · Advisor changed firm · fact
    • Ropes Wealth Advisors's advisors moved to Rwa Wealth Partners (Boston, MA): 11 of 11 registered, on the same day
      Nov 29, 2023 · Firm absorbed (people side) · derived
    • Hale James Lowell (Manager) appeared on Schedule A of Ropes Wealth Advisors
      Jul 28, 2023 · Control person joined · fact
    • Philip Daniel Wiener (Manager) appeared on Schedule A of Ropes Wealth Advisors
      Jul 28, 2023 · Control person joined · fact
    • Lynn Chelsea Jurman (Manager) appeared on Schedule A of Ropes Wealth Advisors
      Jul 28, 2023 · Control person joined · fact
    • Guy Matthew Hamilton (Manager) appeared on Schedule A of Ropes Wealth Advisors
      Jul 28, 2023 · Control person joined · fact
    • Krishna Vamsi Yadlapati (Manager) appeared on Schedule A of Ropes Wealth Advisors
      Jul 28, 2023 · Control person joined · fact
    • Ropes Wealth Advisors reported RAUM $6.3B, up 26% from $5.0B (2020-12-23 to 2021-03-29)
      Mar 29, 2021 · RAUM change · derived
    • Newman Robert Shapiro (Chief Executive Officer) no longer on Schedule A of Ropes Wealth Advisors (listed 2019-03-28, absent 2020-02-13)
      Feb 13, 2020 · Control person left · inference
    • Ropes Wealth Advisors reported RAUM $3.8B, up 26% from $3.1B (2017-09-19 to 2018-03-29)
      Mar 29, 2018 · RAUM change · derived
    • Ropes Wealth Advisors filed its initial SEC registration (Form ADV)
      Aug 15, 2014 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026