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

S••••••••• P•••••••• L••

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 172766SEC 801-117000websiteIAPD
Latest filing Sep 17, 2026
First filing on the tape Jun 21, 2019 · 14 filings
SEC status approved since Jul 19, 2019
RAUM
$439M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$219M
derived; firm RAUM over IAPD count
Employees
7
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$439M as of Mar 26, 2026
Mar 30, 2020$308M then
HNW client RAUM: no history
State-registered IARs (5.B.3)2 as of Mar 26, 2026
Mar 30, 20202 then
Employees (5.A)7 as of Mar 26, 2026
Mar 30, 20205 then
Private funds1 as of Mar 26, 2026
Mar 30, 20201 then
RAUM -53% over the last fiscal year-23% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Sep 17, 2026; every figure names its basis
RAUM per advisor
$219MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$62.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
24%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-53%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$306M75%
  • Charitable organizations$105M25%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
7reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.7 institutional_share=0.24 related_bd=false related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D••••• H•••Boston, MaSep 9, 201514 y1
P••• M•••••• L••••••Boston, MaDec 18, 201712 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
Left, latest
none on the tape
    Private funds
    2 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    S••••••••• P••••••• F•••• L•••no longer reportedHedge Fund$759M70Jun 21, 2019
    S••••••••• P••••••• Q• F•••• L•••Hedge Fund$603M183Mar 25, 2022
    Owners and control persons
    Schedule A and B, latest filing
    • H•••• D••••• · Managing Membercontrol
      since 02/2012 · owns 75% or more
    • L••••••• P•••• M•••••• · Chief Operating Officercontrol
      since 06/2014 · owns less than 5%
    • T•••••• J•••• · Chief Compliance Officer, Chief Financial Officercontrol
      since 01/2022 · owns less than 5%
    Related persons
    Schedule D 7.A
    • S••••••••• P••••••• G•• L•••
      bankpooled vehicle sponsorn
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Boston, Ma · principal200
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • high institutional concentrationStatic outlier · filing Sep 17, 2026
      institutional share of RAUM of 24% against a peer median of 0% (1567 comparable advisers, 99.0th percentile, 8.0 robust deviations)
      peers: asset managers, $100M to $500M (1,567) · 99% percentile
    • RAUM down 50 %Change between filings · filing Mar 26, 2026
      RAUM (Item 5.F) moved from $939,754,193 to $438,723,788 (-53.0%) between the annual amendments of 2025-03-24 and 2026-03-26; the peer median change was +4.0% (1148 comparable advisers, 3.0th percentile of changes)
      peers: asset managers, $100M to $500M (1,148) · 2.5% percentile
    What changed
    consecutive filings, newest first
    • Financial planning clients · to unset
      Mar 26, 2026 to Sep 17, 2026
    • Private funds · 1 to unset
      Mar 26, 2026 to Sep 17, 2026
    • Succession · false to unset
      Mar 26, 2026 to Sep 17, 2026
    • Accounts · 8 to 7
      Mar 24, 2025 to Mar 26, 2026
    • Advisory employees · 5 to 4
      Mar 24, 2025 to Mar 26, 2026
    • Charity clients · 6 to 5
      Mar 24, 2025 to Mar 26, 2026
    • Assets in custody · $701M to $0
      Mar 24, 2025 to Mar 26, 2026
    • Employees · 8 to 7
      Mar 24, 2025 to Mar 26, 2026
    • Discretionary RAUM · $940M to $439M
      Mar 24, 2025 to Mar 26, 2026
    • Pooled vehicle RAUM · $701M to $306M
      Mar 24, 2025 to Mar 26, 2026
    • RAUM · $940M to $439M
      Mar 24, 2025 to Mar 26, 2026
    • Assets in custody · $603M to $701M
      Jun 18, 2024 to Mar 24, 2025
    • Financial planning clients · unset to
      Jun 18, 2024 to Mar 24, 2025
    • Discretionary RAUM · $932M to $940M
      Jun 18, 2024 to Mar 24, 2025
    • Pooled vehicle RAUM · $603M to $701M
      Jun 18, 2024 to Mar 24, 2025
    • RAUM · $932M to $940M
      Jun 18, 2024 to Mar 24, 2025
    • Assets in custody · $0 to $603M
      May 1, 2023 to Mar 27, 2024
    • Discretionary RAUM · $978M to $932M
      May 1, 2023 to Mar 27, 2024
    • Pooled vehicle RAUM · $698M to $603M
      May 1, 2023 to Mar 27, 2024
    • RAUM · $978M to $932M
      May 1, 2023 to Mar 27, 2024
    • Accounts · 6 to 8
      Mar 25, 2022 to Mar 28, 2023
    • Charity clients · 4 to 6
      Mar 25, 2022 to Mar 28, 2023
    • Assets in custody · $1.1B to $0
      Mar 25, 2022 to Mar 28, 2023
    • Employees · 6 to 8
      Mar 25, 2022 to Mar 28, 2023
    • Discretionary RAUM · $1.6B to $978M
      Mar 25, 2022 to Mar 28, 2023
    • Pooled vehicle RAUM · $1.1B to $698M
      Mar 25, 2022 to Mar 28, 2023
    • RAUM · $1.6B to $978M
      Mar 25, 2022 to Mar 28, 2023
    • Accounts · 5 to 6
      Jan 19, 2022 to Mar 25, 2022
    • Advisory employees · 4 to 5
      Jan 19, 2022 to Mar 25, 2022
    • Charity clients · 3 to 4
      Jan 19, 2022 to Mar 25, 2022
    • Assets in custody · $759M to $1.1B
      Jan 19, 2022 to Mar 25, 2022
    • Employees · 4 to 6
      Jan 19, 2022 to Mar 25, 2022
    • Discretionary RAUM · $1.2B to $1.6B
      Jan 19, 2022 to Mar 25, 2022
    • Pooled vehicle RAUM · $759M to $1.1B
      Jan 19, 2022 to Mar 25, 2022
    • RAUM · $1.2B to $1.6B
      Jan 19, 2022 to Mar 25, 2022
    • Charity clients · 2 to 3
      Mar 30, 2020 to Mar 23, 2021
    • Assets in custody · $0 to $759M
      Mar 30, 2020 to Mar 23, 2021
    • Employees · 5 to 4
      Mar 30, 2020 to Mar 23, 2021
    • Discretionary RAUM · $308M to $1.2B
      Mar 30, 2020 to Mar 23, 2021
    • Pooled vehicle RAUM · $77.4M to $759M
      Mar 30, 2020 to Mar 23, 2021
    Signals
    6 dated events
    • S••••••••• P•••••••• L•• reported RAUM $438.7M, down 53% from $939.8M (2025-03-24 to 2026-03-26)
      Mar 26, 2026 · RAUM change · derived
    • S••••••••• P•••••••• L•• reported RAUM $977.9M, down 38% from $1.6B (2022-03-25 to 2023-03-28)
      Mar 28, 2023 · RAUM change · derived
    • S••••••••• P•••••••• L•• reported RAUM $1.6B, up 32% from $1.2B (2022-01-19 to 2022-03-25)
      Mar 25, 2022 · RAUM change · derived
    • J•••• T••••• (Chief Compliance Officer) appeared on Schedule A of S••••••••• P•••••••• L••
      Jan 18, 2022 · Control person joined · fact
    • S••••••••• P•••••••• L•• reported RAUM $1.2B, up 288% from $308.3M (2020-03-30 to 2021-03-23)
      Mar 23, 2021 · RAUM change · derived
    • S••••••••• P•••••••• L•• filed its initial SEC registration (Form ADV)
      Jun 21, 2019 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Firm profile
    linkedin.com/company/shawspring-partners-llc/aboutreportedpublic record, Form ADV, Sep 18, 2026
    Website
    H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    857-310-5010reportedpublic record, Form ADV, 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
    Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
    RAUM per advisor
    $219Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026