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.

Former SEC-registered adviser

Prw Wealth Management LLC

Former SEC-registered adviserQuincy, MassachusettsCRD 284669SEC 801-108258IAPD

Latest filing Apr 17, 2023

First filing on the tape Aug 8, 2016 · 19 filings

RAUM

$512M

reported, Item 5.F

Discretionary

96%

of RAUM

Private clients

83%

$426M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

n/a

derived; firm RAUM over IAPD count

Employees

7 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

19 filings and snapshots on the tape

RAUM$488M as of Mar 24, 2023

Mar 22, 2017$285M then

HNW client RAUM$352M as of Mar 24, 2023

Jan 25, 2018$193M then

State-registered IARs (5.B.3)7 as of Mar 24, 2023

Mar 22, 20175 then

Employees (5.A)13 as of Mar 24, 2023

Mar 22, 201712 then

Private funds: no history

RAUM -15% over the last fiscal year+4.4% a year over threeIARs 9 to 7

Practice profile

derived from the filing of Apr 17, 2023; every figure names its basis

RAUM per advisor: $73.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 28derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $3.6MderivedHNW RAUM over HNW clients
Average account: $789,401derivedRAUM over accounts (5.F.2.f)
Discretionary: 96%derivedof RAUM
Institutional: 16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.9derivedItem 5.A over advisors
Advisors per office: 7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: -19%derivedbetween the last two annual amendments
Advisor growth, one year: -22%derivedItem 5.B.3 between annual amendments
Client growth, one year: +9.1%derived
Compensation: percentage of assets, fixed feesreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody: $220M, 264 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)

Where the RAUM sits

Form ADV Item 5.D, latest filing

High-net-worth individuals$387M76%
Individuals$38.1M7.5%
Charitable organizations$33.9M6.6%
Pension and profit-sharing plans$25.4M5.0%
Insurance companies$23.9M4.7%
Corporations and businesses$2.8M0.5%

Individual clients: 87reported
HNW clients: 107reported
Pension plan clients: n/areported
Charitable clients: 9reported
Accounts: 648reported
Financial planning clients: 0reported
Wrap fee programs: noreported
Custody of client assets: $220M for 264 clientsreported
Compensation: % of AUM, fixedreported
Class basis: absent from the latest SEC rosterderived

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

Elliot Bruce Herman to Edelman Financial Engines
Dec 11, 2023 · RIA to RIA
Nathan Jacob Baldwin to Edelman Financial Engines
Dec 11, 2023 · RIA to RIA
Stephanie Ann Manchon to Edelman Financial Engines
Dec 11, 2023 · RIA to RIA
Debra Ann Burns to Edelman Financial Engines
Dec 11, 2023 · RIA to RIA
Jared Andrew Sweeney to Mission Wealth Management, LP
Nov 7, 2022 · RIA to RIA

Joined, latest

Debra Ann Burns from Mcguire Financial Services, Inc.
Feb 1, 2022 · Other
Nathan Jacob Baldwin from Gw & Wade, LLC
Jul 7, 2021 · RIA to RIA
Stephanie Ann Manchon from Advice And Planning Services
Aug 23, 2018 · Affiliated broker-dealer or bank to independent RIA
Jared Andrew Sweeney from Contravisory Investment Management, Inc.
Jun 11, 2018 · Other
Elliot Bruce Herman from Kestra Advisory Services, LLC
Nov 23, 2016 · Other

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

4 left for Edelman Financial Engines
Dec 11, 2023 · Quincy, Ma · Firm absorbed

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Bruce Elliot Herman · Chief Investment Officercontrol
since 09/2016 · owns less than 5%
Arthur William Payne · Managing Member/Co-Foundercontrol
since 09/2016 · owns 50% to 75%
Alan Richard Renwick · Managing Member/Co-Founder/Chief Compliance Officercontrol
since 09/2016 · owns 50% to 75%
Alan Gary Wentling · Director Of Finance And Operationscontrol
since 09/2016 · owns less than 5%

Related persons

Schedule D 7.A

Prw Associates Insurance Agency, LLC
real estaten

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Quincy, Ma · principal	0	0	0

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

What changed

consecutive filings, newest first

Accounts · 646 to 648
Mar 24, 2023 to Apr 17, 2023
Charity clients · 5 to 9
Mar 24, 2023 to Apr 17, 2023
HNW clients · 106 to 107
Mar 24, 2023 to Apr 17, 2023
Individual clients · 97 to 87
Mar 24, 2023 to Apr 17, 2023
Assets in custody · $213M to $220M
Mar 24, 2023 to Apr 17, 2023
Discretionary RAUM · $466M to $489M
Mar 24, 2023 to Apr 17, 2023
HNW RAUM · $352M to $387M
Mar 24, 2023 to Apr 17, 2023
Individual RAUM · $52.5M to $38.1M
Mar 24, 2023 to Apr 17, 2023
Non-discretionary RAUM · $21.6M to $22.3M
Mar 24, 2023 to Apr 17, 2023
Pension RAUM · $24.1M to $25.4M
Mar 24, 2023 to Apr 17, 2023
RAUM · $488M to $512M
Mar 24, 2023 to Apr 17, 2023
Discretionary RAUM · $590M to $466M
May 25, 2022 to Mar 24, 2023
HNW RAUM · $405M to $352M
May 25, 2022 to Mar 24, 2023
Individual RAUM · $53.0M to $52.5M
May 25, 2022 to Mar 24, 2023
Non-discretionary RAUM · $14.0M to $21.6M
May 25, 2022 to Mar 24, 2023
Pension RAUM · $31.3M to $24.1M
May 25, 2022 to Mar 24, 2023
RAUM · $604M to $488M
May 25, 2022 to Mar 24, 2023
Accounts · 614 to 646
May 25, 2022 to Mar 24, 2023
Advisory employees · 9 to 7
May 25, 2022 to Mar 24, 2023
Advisory activities · 4 to 5
May 25, 2022 to Mar 24, 2023
BD registered reps · 8 to 6
May 25, 2022 to Mar 24, 2023
Corporate clients · 3.0 to unset
May 25, 2022 to Mar 24, 2023
HNW clients · 89 to 106
May 25, 2022 to Mar 24, 2023
Pension plan clients · 1.0 to unset
May 25, 2022 to Mar 24, 2023
Assets in custody · $275M to $213M
May 25, 2022 to Mar 24, 2023
Employees · 15 to 13
May 25, 2022 to Mar 24, 2023
State-registered IARs · 9 to 7
May 25, 2022 to Mar 24, 2023
Accounts · 555 to 614
Oct 18, 2021 to Mar 25, 2022
Advisory employees · 8 to 9
Oct 18, 2021 to Mar 25, 2022
HNW clients · 84 to 89
Oct 18, 2021 to Mar 25, 2022
Individual clients · 87 to 97
Oct 18, 2021 to Mar 25, 2022
Assets in custody · $265M to $275M
Oct 18, 2021 to Mar 25, 2022
Employees · 14 to 15
Oct 18, 2021 to Mar 25, 2022
State-registered IARs · 7 to 9
Oct 18, 2021 to Mar 25, 2022
Discretionary RAUM · $521M to $590M
Oct 18, 2021 to Mar 25, 2022
HNW RAUM · $360M to $405M
Oct 18, 2021 to Mar 25, 2022
Individual RAUM · $32.5M to $53.0M
Oct 18, 2021 to Mar 25, 2022
Non-discretionary RAUM · $0 to $14.0M
Oct 18, 2021 to Mar 25, 2022
Pension RAUM · $18.9M to $31.3M
Oct 18, 2021 to Mar 25, 2022
RAUM · $521M to $604M
Oct 18, 2021 to Mar 25, 2022

Signals

8 dated events

Debra Ann Burns left Prw Wealth Management Llc for Edelman Financial Engines (registered 2023-11-07)
Dec 11, 2023 · Advisor changed firm · fact
Elliot Bruce Herman left Prw Wealth Management Llc for Edelman Financial Engines (registered 2023-11-03)
Dec 11, 2023 · Advisor changed firm · fact
Nathan Jacob Baldwin left Prw Wealth Management Llc for Edelman Financial Engines (registered 2023-11-03)
Dec 11, 2023 · Advisor changed firm · fact
Stephanie Ann Manchon left Prw Wealth Management Llc for Edelman Financial Engines (registered 2023-11-07)
Dec 11, 2023 · Advisor changed firm · fact
Prw Wealth Management LLC's advisors moved to Edelman Financial Engines (Quincy, MA): 4 of 4 registered, on the same day
Dec 11, 2023 · Firm absorbed (people side) · derived
Jared Andrew Sweeney left Prw Wealth Management Llc for Mission Wealth Management, Lp (registered 2023-01-31)
Nov 7, 2022 · Advisor changed firm · fact
English Catherine Dolphyn (Chief Compliance Officer) no longer on Schedule A of Prw Wealth Management Llc (listed 2022-03-25, absent 2022-05-25)
May 25, 2022 · Control person left · inference
South Shore Advisors filed its initial SEC registration (Form ADV)
Aug 8, 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.

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: Former SEC-registered adviserderiveda 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