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

F••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Cambridge, MassachusettsCRD 187517SEC 801-108075IAPD
Latest filing Feb 4, 2026
First filing on the tape Jun 28, 2016 · 18 filings
SEC status approved since Jul 5, 2016
RAUM
$290M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$290M as of Feb 4, 2026
Mar 29, 2017$865M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Feb 4, 2026
Mar 29, 20170 then
Employees (5.A)3 as of Feb 4, 2026
Mar 29, 20172 then
Private funds2 as of Feb 4, 2026
Mar 29, 20173 then
RAUM +2.0% over the last fiscal year-14% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Feb 4, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM 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
$145MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+2.0%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$290M, 2 clientsreportedItem 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$290M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$290M for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      F••••••••• F••• M••••••••• L•••no longer reportedPrivate Equity Fund$1.6B3Mar 30, 2016
      F••••••••• F••• E••••• L•••Private Equity Fund$191M3Jun 28, 2016
      F••••••••• F••• 1• L•••Private Equity Fund$146M3May 8, 2015
      Owners and control persons
      Schedule A and B, latest filing
      • S••••••••• A•••••• L•••• · Elected Manager, Membercontrol
        since 03/2015 · owns 75% or more
      • S••••••••• H•••••• H••••••••• · Chief Compliance Officer, Elected Manager, Membercontrol
        since 03/2015 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • A••••• L•••• S••••••••
        pooled vehicle sponsory
      • H••••• H••••••••• S••••••••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $250M to $290M
        Sep 5, 2025 to Feb 4, 2026
      • Discretionary RAUM · $285M to $290M
        Sep 5, 2025 to Feb 4, 2026
      • Pooled vehicle RAUM · $285M to $290M
        Sep 5, 2025 to Feb 4, 2026
      • RAUM · $285M to $290M
        Sep 5, 2025 to Feb 4, 2026
      • Assets in custody · $284M to $250M
        Feb 16, 2025 to Sep 5, 2025
      • Discretionary RAUM · $284M to $285M
        Feb 16, 2025 to Sep 5, 2025
      • Pooled vehicle RAUM · $284M to $285M
        Feb 16, 2025 to Sep 5, 2025
      • RAUM · $284M to $285M
        Feb 16, 2025 to Sep 5, 2025
      • Assets in custody · $288M to $284M
        Apr 1, 2024 to Feb 16, 2025
      • Financial planning clients · unset to
        Apr 1, 2024 to Feb 16, 2025
      • Discretionary RAUM · $288M to $284M
        Apr 1, 2024 to Feb 16, 2025
      • Pooled vehicle RAUM · $288M to $284M
        Apr 1, 2024 to Feb 16, 2025
      • RAUM · $288M to $284M
        Apr 1, 2024 to Feb 16, 2025
      • Assets in custody · $458M to $288M
        Jan 3, 2023 to Apr 1, 2024
      • Discretionary RAUM · $458M to $288M
        Jan 3, 2023 to Apr 1, 2024
      • Pooled vehicle RAUM · $458M to $288M
        Jan 3, 2023 to Apr 1, 2024
      • RAUM · $458M to $288M
        Jan 3, 2023 to Apr 1, 2024
      • Accounts · 3 to 2
        Apr 30, 2022 to Jan 3, 2023
      • Pooled vehicle clients · 3 to 2
        Apr 30, 2022 to Jan 3, 2023
      • Assets in custody · $2.9B to $458M
        Apr 30, 2022 to Jan 3, 2023
      • Private funds · 3 to 2
        Apr 30, 2022 to Jan 3, 2023
      • Discretionary RAUM · $2.9B to $458M
        Apr 30, 2022 to Jan 3, 2023
      • Pooled vehicle RAUM · $2.9B to $458M
        Apr 30, 2022 to Jan 3, 2023
      • RAUM · $2.9B to $458M
        Apr 30, 2022 to Jan 3, 2023
      • Assets in custody · $2.0B to $2.9B
        Mar 31, 2021 to Apr 30, 2022
      • Discretionary RAUM · $2.3B to $2.9B
        Mar 31, 2021 to Apr 30, 2022
      • Pooled vehicle RAUM · $2.3B to $2.9B
        Mar 31, 2021 to Apr 30, 2022
      • RAUM · $2.3B to $2.9B
        Mar 31, 2021 to Apr 30, 2022
      • Discretionary RAUM · $2.2B to $2.3B
        Apr 29, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $2.2B to $2.3B
        Apr 29, 2020 to Mar 31, 2021
      • RAUM · $2.2B to $2.3B
        Apr 29, 2020 to Mar 31, 2021
      • Discretionary RAUM · $2.0B to $2.2B
        Mar 30, 2019 to Apr 29, 2020
      • Pooled vehicle RAUM · $2.0B to $2.2B
        Mar 30, 2019 to Apr 29, 2020
      • RAUM · $2.0B to $2.2B
        Mar 30, 2019 to Apr 29, 2020
      • Individual clients · 0.0 to unset
        Sep 7, 2018 to Mar 30, 2019
      • Assets in custody · $986M to $2.0B
        Sep 7, 2018 to Mar 30, 2019
      • Discretionary RAUM · $994M to $2.0B
        Sep 7, 2018 to Mar 30, 2019
      • Pooled vehicle RAUM · $994M to $2.0B
        Sep 7, 2018 to Mar 30, 2019
      • RAUM · $994M to $2.0B
        Sep 7, 2018 to Mar 30, 2019
      • Assets in custody · $997M to $986M
        Mar 26, 2018 to Sep 7, 2018
      Signals
      5 dated events
      • F••••••••• M••••••••• L•• reported RAUM $288.3M, down 37% from $457.9M (2023-01-03 to 2024-04-01)
        Apr 1, 2024 · RAUM change · derived
      • F••••••••• M••••••••• L•• reported RAUM $457.9M, down 84% from $2.9B (2022-04-30 to 2023-01-03)
        Jan 3, 2023 · RAUM change · derived
      • F••••••••• M••••••••• L•• reported RAUM $2.9B, up 25% from $2.3B (2021-03-31 to 2022-04-30)
        Apr 30, 2022 · RAUM change · derived
      • F••••••••• M••••••••• L•• reported RAUM $2.0B, up 106% from $994.5M (2018-09-07 to 2019-03-30)
        Mar 30, 2019 · RAUM change · derived
      • F••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 28, 2016 · 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
      Principal office phone
      617-714-3057reportedpublic record, Form ADV, Feb 4, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026