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

A••••• C••••••• L••

Independent wealth managerManchester, MassachusettsCRD 283713SEC 801-107908websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape May 24, 2016 · 23 filings
SEC status approved since Jun 2, 2016
RAUM
$642M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
75%
$479M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$214M
derived; firm RAUM over IAPD count
Employees
14
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
7
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$642M as of Mar 31, 2026
Mar 23, 2017$179M then
HNW client RAUM$439M as of Mar 31, 2026
Mar 27, 2018$188M then
State-registered IARs (5.B.3)3 as of Mar 31, 2026
Mar 23, 20173 then
Employees (5.A)14 as of Mar 31, 2026
Mar 23, 20176 then
Private funds7 as of Mar 31, 2026
Apr 1, 20257 then
RAUM +1.3% over the last fiscal year+20% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$214MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
50derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.5MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.7derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+1.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.9%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$118M, 7 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$439M68%
  • Pooled investment vehicles$118M18%
  • Individuals$40.1M6.2%
  • Charitable organizations$25.7M4.0%
  • Corporations and businesses$14.7M2.3%
  • Pension and profit-sharing plans$4.4M0.7%
Individual clients
51reported
HNW clients
98reported
Pension plan clients
n/areported
Charitable clients
11reported
Accounts
554reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$118M for 7 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.75 fund_share=0.18 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
F•••• F••••• B••••Durham, Nc Aug 23, 201630 y2
N•••••• L••••• L•••Manchester, MaJan 30, 201710 y0
K••• D•••••• F••••Chartered Financial AnalystManchester-By-The-Sea, Ma Feb 24, 202511 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••• F••••• F••••• · Chief Compliance Officer/Managing Membercontrol
    since 06/2015 · owns 50% to 75%
  • L•••• N••••••• L••••• · Managing Membercontrol
    since 06/2016 · owns 50% to 75%
Related persons
Schedule D 7.A
Advisers that list A••••• C••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Manchester, Ma · principal300
Offices
Schedule D 1.F, the 25 largest
  • Manchester, MA2 employees
What changed
consecutive filings, newest first
  • Accounts · 610 to 554
    Jun 5, 2025 to Mar 31, 2026
  • HNW clients · 102 to 98
    Jun 5, 2025 to Mar 31, 2026
  • Individual clients · 53 to 51
    Jun 5, 2025 to Mar 31, 2026
  • Assets in custody · $118M to $118M
    Jun 5, 2025 to Mar 31, 2026
  • Discretionary RAUM · $599M to $642M
    Jun 5, 2025 to Mar 31, 2026
  • HNW RAUM · $416M to $439M
    Jun 5, 2025 to Mar 31, 2026
  • Individual RAUM · $38.3M to $40.1M
    Jun 5, 2025 to Mar 31, 2026
  • Pension RAUM · $4.0M to $4.4M
    Jun 5, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $118M to $118M
    Jun 5, 2025 to Mar 31, 2026
  • RAUM · $599M to $642M
    Jun 5, 2025 to Mar 31, 2026
  • Assets in custody · $117M to $118M
    Apr 1, 2025 to Jun 5, 2025
  • Financial planning clients · 101-250 to 101-250
    Apr 1, 2025 to Jun 5, 2025
  • Discretionary RAUM · $634M to $599M
    Apr 1, 2025 to Jun 5, 2025
  • HNW RAUM · $448M to $416M
    Apr 1, 2025 to Jun 5, 2025
  • Individual RAUM · $40.8M to $38.3M
    Apr 1, 2025 to Jun 5, 2025
  • Pooled vehicle RAUM · $117M to $118M
    Apr 1, 2025 to Jun 5, 2025
  • RAUM · $634M to $599M
    Apr 1, 2025 to Jun 5, 2025
  • Accounts · 621 to 610
    Mar 28, 2024 to Apr 1, 2025
  • Advisory activities · 3 to 4
    Mar 28, 2024 to Apr 1, 2025
  • Charity clients · 9 to 11
    Mar 28, 2024 to Apr 1, 2025
  • Corporate clients · 5 to 7
    Mar 28, 2024 to Apr 1, 2025
  • HNW clients · 97 to 102
    Mar 28, 2024 to Apr 1, 2025
  • Pooled vehicle clients · 0 to 7
    Mar 28, 2024 to Apr 1, 2025
  • Assets in custody · unset to 117031465.0
    Mar 28, 2024 to Apr 1, 2025
  • Custody of client assets · false to true
    Mar 28, 2024 to Apr 1, 2025
  • Employees · 10 to 14
    Mar 28, 2024 to Apr 1, 2025
  • HQ city · DURHAM to MANCHESTER
    Mar 28, 2024 to Apr 1, 2025
  • HQ state · NC to MA
    Mar 28, 2024 to Apr 1, 2025
  • Private funds · unset to 7
    Mar 28, 2024 to Apr 1, 2025
  • Discretionary RAUM · $458M to $634M
    Mar 28, 2024 to Apr 1, 2025
  • HNW RAUM · $396M to $448M
    Mar 28, 2024 to Apr 1, 2025
  • Individual RAUM · $39.7M to $40.8M
    Mar 28, 2024 to Apr 1, 2025
  • Pension RAUM · $3.8M to $4.0M
    Mar 28, 2024 to Apr 1, 2025
  • Pooled vehicle RAUM · $0 to $117M
    Mar 28, 2024 to Apr 1, 2025
  • RAUM · $458M to $634M
    Mar 28, 2024 to Apr 1, 2025
  • Accounts · 523 to 621
    Feb 13, 2024 to Mar 28, 2024
  • Advisory activities · 2 to 3
    Feb 13, 2024 to Mar 28, 2024
  • Charity clients · 10 to 9
    Feb 13, 2024 to Mar 28, 2024
  • HNW clients · 83 to 97
    Feb 13, 2024 to Mar 28, 2024
  • Individual clients · 57 to 53
    Feb 13, 2024 to Mar 28, 2024
Signals
3 dated events
  • A••••• C••••••• L•• reported RAUM $634.1M, up 38% from $458.1M (2024-03-28 to 2025-04-01)
    Apr 1, 2025 · RAUM change · derived
  • David Adam Seitchik (Chief Investment Officer/Managing Member) no longer on Schedule A of A••••• C••••••• L•• (listed 2023-03-29, absent 2023-05-16)
    May 16, 2023 · Control person left · inference
  • A••••• C••••••• L•• filed its initial SEC registration (Form ADV)
    May 24, 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
Business phone
919-794-4794reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
978-704-0112reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
H•••S://WWW.LINKEDIN.COM/COMPANY/A•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(978) 704-0112reportedpublic record, Form ADV, Mar 31, 2026
Contact form
arjuna-capital.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
arjuna-capital.com/teamreportedpublished by the firm, firm site, Sep 15, 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
$214Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026