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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

S••••••••

Independent wealth managerHigganum, ConnecticutCRD 284158SEC 801-127573websiteIAPD
Legal name S•••••••• A••••••• S•••••••• L••
Latest filing Mar 16, 2026
First filing on the tape Mar 2, 2023 · 10 filings
SEC status approved since Mar 31, 2023
RAUM
$192M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$188M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$64.0M
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$192M as of Mar 16, 2026
Feb 29, 2024$124M then
HNW client RAUM$154M as of Mar 16, 2026
Feb 29, 2024$96.1M then
State-registered IARs (5.B.3)3 as of Mar 16, 2026
Feb 29, 20242 then
Employees (5.A)5 as of Mar 16, 2026
Feb 29, 20243 then
Private funds: no history
RAUM +24% over the last fiscal yearIARs 2 to 3
Practice profile
derived from the filing of Mar 16, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$64.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
53derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$382,700derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminars, otherreportedItem 5.G
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
  • is an insurance broker or agent (6.A.6)
  • 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$154M80%
  • Individuals$34.2M18%
  • Corporations and businesses$3.7M1.9%
  • Charitable organizations$78,9420.0%
Individual clients
101reported
HNW clients
58reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
502reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.0 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
T••••••• M••••• D••••••Higganum, CtJul 25, 201626 y4
T•••••• R• G••••Higganum, CtAug 19, 201621 y3
J•••• F•••• L•••••Higganum, CtNov 13, 202512 y1
Advisor movement
0 left, 1 joined in 12 months
net +1 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
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • D••••••• T•••••••• M••••• · Managing Membercontrol
      since 05/2016 · owns 50% to 75%
    • G••••• T••••••• R• · Managing Member And Ccocontrol
      since 08/2016 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    • S•••••••• W••••• M••••••••• L••
      real estatey
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Higganum, Ct · principal310
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 443 to 502
      Oct 27, 2025 to Mar 16, 2026
    • Advisory activities · 3 to 6
      Oct 27, 2025 to Mar 16, 2026
    • Corporate clients · 4 to 3
      Oct 27, 2025 to Mar 16, 2026
    • HNW clients · 47 to 58
      Oct 27, 2025 to Mar 16, 2026
    • Individual clients · 102 to 101
      Oct 27, 2025 to Mar 16, 2026
    • Employees · 3 to 5
      Oct 27, 2025 to Mar 16, 2026
    • State-registered IARs · 2 to 3
      Oct 27, 2025 to Mar 16, 2026
    • Discretionary RAUM · $155M to $192M
      Oct 27, 2025 to Mar 16, 2026
    • HNW RAUM · $122M to $154M
      Oct 27, 2025 to Mar 16, 2026
    • Individual RAUM · $30.4M to $34.2M
      Oct 27, 2025 to Mar 16, 2026
    • RAUM · $155M to $192M
      Oct 27, 2025 to Mar 16, 2026
    • Accounts · 413 to 443
      Jan 22, 2025 to Feb 7, 2025
    • Charity clients · 0 to 1
      Jan 22, 2025 to Feb 7, 2025
    • Corporate clients · 3 to 4
      Jan 22, 2025 to Feb 7, 2025
    • HNW clients · 40 to 47
      Jan 22, 2025 to Feb 7, 2025
    • Individual clients · 89 to 102
      Jan 22, 2025 to Feb 7, 2025
    • Financial planning clients · 101-250 to 101-250
      Jan 22, 2025 to Feb 7, 2025
    • Discretionary RAUM · $124M to $155M
      Jan 22, 2025 to Feb 7, 2025
    • HNW RAUM · $96.1M to $122M
      Jan 22, 2025 to Feb 7, 2025
    • Individual RAUM · $26.3M to $30.4M
      Jan 22, 2025 to Feb 7, 2025
    • RAUM · $124M to $155M
      Jan 22, 2025 to Feb 7, 2025
    • Accounts · 385 to 413
      Oct 19, 2023 to Feb 29, 2024
    • Corporate clients · 5 to 3
      Oct 19, 2023 to Feb 29, 2024
    • HNW clients · 34 to 40
      Oct 19, 2023 to Feb 29, 2024
    • Individual clients · 91 to 89
      Oct 19, 2023 to Feb 29, 2024
    • Discretionary RAUM · $101M to $124M
      Oct 19, 2023 to Feb 29, 2024
    • HNW RAUM · $75.4M to $96.1M
      Oct 19, 2023 to Feb 29, 2024
    • Individual RAUM · $24.6M to $26.3M
      Oct 19, 2023 to Feb 29, 2024
    • RAUM · $101M to $124M
      Oct 19, 2023 to Feb 29, 2024
    Signals
    1 dated events
    • Spurstone filed its initial SEC registration (Form ADV)
      Mar 2, 2023 · 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
    info@spurstone.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    ted.degroot@spurstone.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    860-264-1111reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    S••••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    860-264-1111reportedpublic record, Form ADV, Mar 16, 2026
    Contact form
    spurstone.com/connect-with-usreportedpublished by the firm, firm site, Sep 16, 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
    $64.0Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026