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

Dsf Advisors, LLC

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 283411SEC 801-108000websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Jun 14, 2016 · 19 filings
SEC status approved since Jun 17, 2016
RAUM
$1.1B
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
21
19 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
8
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$1.1B as of Mar 30, 2026
Mar 30, 2017$266M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 30, 20170 then
Employees (5.A)21 as of Mar 30, 2026
Mar 30, 201717 then
Private funds8 as of Mar 30, 2026
Mar 30, 20172 then
RAUM -13% over the last fiscal year+16% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$134MderivedRAUM 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
-13%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
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$1.1B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
8reported
Financial planning clients
reported
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=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
      8 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Dsf Multi-Family Fund-2023, LPReal Estate Fund$482M63Mar 27, 2024
      Dsf Multi-Family Fund-2019, LPReal Estate Fund$371M63Mar 31, 2021
      Dsf Multi-Family Real Estate Fund III, LPReal Estate Fund$250M93Jun 14, 2016
      Dsf Multi-Family Fund-2019 A, LPReal Estate Fund$35.0M2Mar 31, 2021
      Dsf Multi-Family Real Estate Fund III-A, LPReal Estate Fund$30.0M2Jun 14, 2016
      Dsf Multi-Family Fund-2023 A, LPReal Estate Fund$20.0M1Mar 27, 2024
      Dsf Multi-Family Real Estate Fund III-B, LPReal Estate Fund$5.0M1Mar 20, 2018
      Dsf Multi-Family Fund-2019 B, LPReal Estate Fund$5.0M1Mar 31, 2021
      Owners and control persons
      Schedule A and B, latest filing
      • Walker Thomas Mazza · Managing Membercontrol
        since 11/2000 · owns 50% to 75%
      • Paul Arthur Solomon · Managing Membercontrol
        since 11/2000 · owns less than 5%
      • Douglas Joshua Solomon · Managing Membercontrol
        since 11/2000 · owns 50% to 75%
      • Douglas Eric Smith · Chief Compliance Officer
        since 03/2024 · owns less than 5%
      Related persons
      Schedule D 7.A
      • Dsf Multi-Family Fund-2019 Gp, LLC
        pooled vehicle sponsory
      • Dsf Multi-Family Fund-2023 Gp, LLC
        pooled vehicle sponsory
      • Dsf Multi-Family Real Estate Fund III Gp, LLC
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $1.2B to $1.1B
        Mar 21, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $1.2B to $1.1B
        Mar 21, 2025 to Mar 30, 2026
      • RAUM · $1.2B to $1.1B
        Mar 21, 2025 to Mar 30, 2026
      • Advisory employees · 21 to 19
        Mar 27, 2024 to Mar 21, 2025
      • Assets in custody · $1.2B to $0
        Mar 27, 2024 to Mar 21, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 21, 2025
      • Discretionary RAUM · $1.2B to $1.2B
        Mar 27, 2024 to Mar 21, 2025
      • Pooled vehicle RAUM · $1.2B to $1.2B
        Mar 27, 2024 to Mar 21, 2025
      • RAUM · $1.2B to $1.2B
        Mar 27, 2024 to Mar 21, 2025
      • Accounts · 6 to 8
        Mar 22, 2023 to Mar 27, 2024
      • Advisory employees · 20 to 21
        Mar 22, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 6 to 8
        Mar 22, 2023 to Mar 27, 2024
      • Assets in custody · $696M to $1.2B
        Mar 22, 2023 to Mar 27, 2024
      • Employees · 20 to 21
        Mar 22, 2023 to Mar 27, 2024
      • Private funds · 6 to 8
        Mar 22, 2023 to Mar 27, 2024
      • Discretionary RAUM · $696M to $1.2B
        Mar 22, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $696M to $1.2B
        Mar 22, 2023 to Mar 27, 2024
      • RAUM · $696M to $1.2B
        Mar 22, 2023 to Mar 27, 2024
      • Assets in custody · $661M to $696M
        Oct 25, 2021 to Mar 25, 2022
      • Discretionary RAUM · $661M to $696M
        Oct 25, 2021 to Mar 25, 2022
      • Pooled vehicle RAUM · $661M to $696M
        Oct 25, 2021 to Mar 25, 2022
      • RAUM · $661M to $696M
        Oct 25, 2021 to Mar 25, 2022
      • Related bank · true to false
        Oct 25, 2021 to Mar 25, 2022
      • HQ city · WALTHAM to BOSTON
        Apr 15, 2021 to Oct 25, 2021
      • Accounts · 3 to 6
        Mar 16, 2020 to Mar 31, 2021
      • Advisory employees · 19 to 20
        Mar 16, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 3 to 6
        Mar 16, 2020 to Mar 31, 2021
      • Assets in custody · $285M to $661M
        Mar 16, 2020 to Mar 31, 2021
      • Employees · 19 to 20
        Mar 16, 2020 to Mar 31, 2021
      • Private funds · 3 to 6
        Mar 16, 2020 to Mar 31, 2021
      • Discretionary RAUM · $285M to $661M
        Mar 16, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $285M to $661M
        Mar 16, 2020 to Mar 31, 2021
      • RAUM · $285M to $661M
        Mar 16, 2020 to Mar 31, 2021
      • Advisory employees · 20 to 19
        Mar 29, 2019 to Mar 16, 2020
      • Employees · 20 to 19
        Mar 29, 2019 to Mar 16, 2020
      • Advisory employees · 15 to 20
        Feb 25, 2019 to Mar 29, 2019
      • Employees · 17 to 20
        Feb 25, 2019 to Mar 29, 2019
      • Accounts · 2 to 3
        May 18, 2017 to Mar 20, 2018
      • Pooled vehicle clients · unset to 3.0
        May 18, 2017 to Mar 20, 2018
      • Assets in custody · $266M to $285M
        May 18, 2017 to Mar 20, 2018
      Signals
      5 dated events
      • Dsf Advisors, Llc reported RAUM $1.2B, up 72% from $695.8M (2023-03-22 to 2024-03-27)
        Mar 27, 2024 · RAUM change · derived
      • Dsf Advisors, Llc reported RAUM $661.4M, up 132% from $285.1M (2020-03-16 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Elizabeth Colleen Corwell (Chief Compliance Officer) appeared on Schedule A of Dsf Advisors, Llc
        Feb 25, 2019 · Control person joined · fact
      • Ann Marie Swanson (Chief Compliance Officer) no longer on Schedule A of Dsf Advisors, Llc (listed 2019-02-04, absent 2019-02-25)
        Feb 25, 2019 · Control person left · inference
      • Dsf Advisors, Llc filed its initial SEC registration (Form ADV)
        Jun 14, 2016 · 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
      Firm profile
      linkedin.com/company/the-dsf-group/mycompanyreportedpublic record, Form ADV, Sep 17, 2026
      Website
      THEDSFGROUP.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      617-675-3600reportedpublic record, Form ADV, Mar 30, 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
      Across the graphs

      Dsf Advisors, LLC is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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