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
Brophy Wealth Management, LLC
Latest filing May 20, 2026
First filing on the tape Dec 11, 2013 · 23 filings
SEC status approved since Dec 17, 2013
RAUM
$533M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$532M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$133M
derived; firm RAUM over IAPD count
Employees
11
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$533M as of May 20, 2026
Mar 10, 2014$131M then
HNW client RAUM$440M as of May 20, 2026
Mar 30, 2018$102M then
State-registered IARs (5.B.3)4 as of May 20, 2026
Mar 10, 20141 then
Employees (5.A)11 as of May 20, 2026
Mar 10, 20146 then
Private funds: no history
RAUM +3.9% over the last fiscal year+13% a year over threeIARs 2 to 4
Practice profile
derived from the filing of May 20, 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
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $133MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 98derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.0MderivedHNW RAUM over HNW clients
- Average account
- $441,931derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.8derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +3.9%derivedbetween the last two annual amendments
- Advisor growth, one year
- +100%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -1.5%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
- Wrap fee program
- $533MreportedItem 5.I
- 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$440M83%
- Individuals$91.8M17%
- Charitable organizations$455,0450.1%
- Individual clients
- 243reported
- HNW clients
- 148reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,205reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- $533M sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=7.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Stephen Albert BrophyCertified Financial Planner, Chartered Financial Consultant | Bedford, Nh | Dec 20, 2013 | 40 y | 3 |
| James Stephen BrophyCertified Financial Planner | Bedford, Nh | Mar 10, 2016 | 11 y | 0 |
| Luke James TrotochaudCertified Financial Planner | Bedford, Nh | Dec 4, 2018 | 11 y | 2 |
| Michael J GuariniCertified Financial Planner | Bedford, Nh | Mar 26, 2025 | 10 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 headcount0 left over 36 months
Left, latest
- Edward Francis O'Grady to Fidelity Personal And Workplace AdvisorsJun 29, 2022 · RIA to affiliated broker-dealer or bank
- Steven M Dalton to Cambridge Investment Research Advisors, Inc.Nov 29, 2018 · RIA to affiliated broker-dealer or bank
Joined, latest
- Edward Francis O'Grady from Fidelity Personal And Workplace AdvisorsMar 15, 2022 · Affiliated broker-dealer or bank to independent RIA
- Luke James Trotochaud from Merrill Lynch, Pierce, Fenner & Smith IncorporatedDec 4, 2018 · Wirehouse to independent RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Albert Stephen Brophy · Managing Partner, Ccocontrolsince 09/1994 · owns 75% or more
- Stephen James Brophy · Partner, Ciosince 10/2018 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Brophy Wealth Management, LLC as a related person
- 116867 y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Bedford, Nh · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,177 to 1,205Mar 27, 2025 to Mar 30, 2026
- Advisory employees · 2 to 4Mar 27, 2025 to Mar 30, 2026
- BD registered reps · 4 to 7Mar 27, 2025 to Mar 30, 2026
- HNW clients · 137 to 148Mar 27, 2025 to Mar 30, 2026
- Individual clients · 260 to 243Mar 27, 2025 to Mar 30, 2026
- Pension plan clients · 7.0 to unsetMar 27, 2025 to Mar 30, 2026
- Employees · 8 to 11Mar 27, 2025 to Mar 30, 2026
- State-registered IARs · 2 to 4Mar 27, 2025 to Mar 30, 2026
- Discretionary RAUM · $513M to $533MMar 27, 2025 to Mar 30, 2026
- HNW RAUM · $404M to $440MMar 27, 2025 to Mar 30, 2026
- Individual RAUM · $94.7M to $91.8MMar 27, 2025 to Mar 30, 2026
- Pension RAUM · 10934659.0 to unsetMar 27, 2025 to Mar 30, 2026
- RAUM · $513M to $533MMar 27, 2025 to Mar 30, 2026
- Wrap assets (manager) · unset to 0.0Mar 27, 2025 to Mar 30, 2026
- Wrap assets (sponsor) · unset to 532526394.0Mar 27, 2025 to Mar 30, 2026
- Accounts · 119 to 1,177Mar 27, 2024 to Mar 27, 2025
- BD registered reps · 5 to 4Mar 27, 2024 to Mar 27, 2025
- HNW clients · 116 to 137Mar 27, 2024 to Mar 27, 2025
- Individual clients · 296 to 260Mar 27, 2024 to Mar 27, 2025
- Pension plan clients · 6 to 7Mar 27, 2024 to Mar 27, 2025
- Financial planning clients · 1-10 to 1-10Mar 27, 2024 to Mar 27, 2025
- Discretionary RAUM · $407M to $513MMar 27, 2024 to Mar 27, 2025
- HNW RAUM · $300M to $404MMar 27, 2024 to Mar 27, 2025
- Individual RAUM · $97.0M to $94.7MMar 27, 2024 to Mar 27, 2025
- Pension RAUM · $9.1M to $10.9MMar 27, 2024 to Mar 27, 2025
- RAUM · $407M to $513MMar 27, 2024 to Mar 27, 2025
- Accounts · 1,142 to 119Mar 31, 2023 to Mar 27, 2024
- HNW clients · 165 to 116Mar 31, 2023 to Mar 27, 2024
- Individual clients · 455 to 296Mar 31, 2023 to Mar 27, 2024
- Pension plan clients · 8 to 6Mar 31, 2023 to Mar 27, 2024
- Discretionary RAUM · $364M to $407MMar 31, 2023 to Mar 27, 2024
- HNW RAUM · $243M to $300MMar 31, 2023 to Mar 27, 2024
- Individual RAUM · $109M to $97.0MMar 31, 2023 to Mar 27, 2024
- Pension RAUM · $10.5M to $9.1MMar 31, 2023 to Mar 27, 2024
- RAUM · $364M to $407MMar 31, 2023 to Mar 27, 2024
- Related adviser · true to falseMar 31, 2023 to Mar 27, 2024
- Accounts · 1,092 to 1,142Mar 31, 2022 to Mar 31, 2023
- Advisory employees · 5 to 2Mar 31, 2022 to Mar 31, 2023
- BD registered reps · 8 to 5Mar 31, 2022 to Mar 31, 2023
- HNW clients · 126 to 165Mar 31, 2022 to Mar 31, 2023
Signals
5 dated events
- Brophy Wealth Management, Llc reported RAUM $512.6M, up 26% from $407.3M (2024-03-27 to 2025-03-27)Mar 27, 2025 · RAUM change · derived
- Edward Francis O'Grady left Brophy Wealth Management, Llc for Fidelity Personal And Workplace Advisors (registered 2022-08-09)Jun 29, 2022 · Advisor changed firm · fact
- Brophy Wealth Management, Llc reported RAUM $418.0M, up 97% from $211.7M (2021-03-29 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- M Steven Dalton (Partner, Cco) no longer on Schedule A of Brophy Wealth Management, Llc (listed 2018-03-30, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Brophy Wealth Management, Llc filed its initial SEC registration (Form ADV)Dec 11, 2013 · 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
- bwm@brophywealth.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 603-668-2303reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 603-668-2352reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 800-637-3211reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/BROPHY-WEALTH-MANAGEMENT-LLCreportedpublic record, Form ADV, Sep 17, 2026
- Website
- BROPHYWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (603) 668-2303reportedpublic record, Form ADV, May 20, 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
- $133Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026