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

Donoghue Forlines LLC

Asset manager (funds and pooled vehicles)Boston, MassachusettsCRD 285403SEC 801-108564websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Oct 17, 2016 · 32 filings
SEC status approved since Nov 9, 2016
RAUM
$371M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.3%
$999,915 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$371M
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$371M as of Mar 27, 2026
Mar 20, 2017$2.2B then
HNW client RAUM$1.0M as of Mar 30, 2021
Jan 10, 2018$495,355 then
State-registered IARs (5.B.3)1 as of Mar 27, 2026
Mar 20, 20170 then
Employees (5.A)7 as of Mar 27, 2026
Mar 20, 201715 then
Private funds: no history
RAUM -4.6% over the last fiscal year-2.4% a year over threeIARs 1 to 1offices 2 to 1
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$371MderivedRAUM 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
$18.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
7.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-4.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$367M99%
  • Pension and profit-sharing plans$1.5M0.4%
  • Individuals$999,9150.3%
  • Corporations and businesses$536,5480.1%
Individual clients
5reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
20reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.99 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jeffrey Robert ThompsonBoston, MaDec 15, 201629 y1
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
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Alexander Jack Earp · Chief Compliance Officercontrol
      since 10/2019 · owns less than 5%
    • Arthur John Forlines · Chief Investment Officer, Directorcontrol
      since 12/2017 · owns less than 5%
    • Anthony David Minella · Directorcontrol
      since 10/2016 · owns less than 5%
    • Edward Richard Molari · Chief Operating Officer, Treasurer, And Directorcontrol
      since 09/2016 · owns less than 5%
    • Robert Jeffrey Thompson · Chief Executive Officer, Directorcontrol
      since 09/2016 · owns less than 5%
    • Bradley William Dowler · Membercontrol
      since 05/2022 · owns 25% to 50% of Df Management LLC
    • Anthony David Minella · Membercontrol
      since 10/2006 · owns 75% or more of Minella Capital Management, LLC
    • Robert Jeffrey Thompson · Membercontrol
      since 05/2022 · owns 25% to 50% of Df Management LLC
    Entity owners
    • Df Management LLC · Member
      direct · owns 25% to 50%
    • Wedco Acquisition Co., LLC · Member
      direct · owns 50% to 75%
    • Minella Capital Management, LLC · Member
      indirect · owns 75% or more of Wedco Acquisition Co., LLC
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 23 to 20
      May 2, 2025 to Mar 27, 2026
    • Advisory employees · 4 to 3
      May 2, 2025 to Mar 27, 2026
    • Individual clients · unset to 5.0
      May 2, 2025 to Mar 27, 2026
    • Employees · 8 to 7
      May 2, 2025 to Mar 27, 2026
    • Other offices · 2 to 1
      May 2, 2025 to Mar 27, 2026
    • Discretionary RAUM · $389M to $371M
      May 2, 2025 to Mar 27, 2026
    • Individual RAUM · $646,255 to $999,915
      May 2, 2025 to Mar 27, 2026
    • Pension RAUM · $1.3M to $1.5M
      May 2, 2025 to Mar 27, 2026
    • RAUM · $389M to $371M
      May 2, 2025 to Mar 27, 2026
    • Financial planning clients · 0 to 0
      Mar 31, 2025 to May 2, 2025
    • Discretionary RAUM · $389M to $389M
      Mar 31, 2025 to May 2, 2025
    • RAUM · $389M to $389M
      Mar 31, 2025 to May 2, 2025
    • Accounts · 29 to 23
      Feb 3, 2025 to Mar 31, 2025
    • Advisory activities · 6 to 5
      Feb 3, 2025 to Mar 31, 2025
    • Individual clients · 6.0 to unset
      Feb 3, 2025 to Mar 31, 2025
    • Other offices · 0 to 2
      Feb 3, 2025 to Mar 31, 2025
    • Discretionary RAUM · $376M to $389M
      Feb 3, 2025 to Mar 31, 2025
    • Individual RAUM · $1.0M to $646,255
      Feb 3, 2025 to Mar 31, 2025
    • Pension RAUM · $1.2M to $1.3M
      Feb 3, 2025 to Mar 31, 2025
    • RAUM · $376M to $389M
      Feb 3, 2025 to Mar 31, 2025
    • Accounts · 30 to 29
      Aug 21, 2023 to Mar 28, 2024
    • BD registered reps · 1 to 0
      Aug 21, 2023 to Mar 28, 2024
    • Individual clients · 5 to 6
      Aug 21, 2023 to Mar 28, 2024
    • Pooled vehicle clients · 1.0 to unset
      Aug 21, 2023 to Mar 28, 2024
    • Employees · 11 to 8
      Aug 21, 2023 to Mar 28, 2024
    • State-registered IARs · 2 to 1
      Aug 21, 2023 to Mar 28, 2024
    • Other offices · 1 to 0
      Aug 21, 2023 to Mar 28, 2024
    • Discretionary RAUM · $399M to $376M
      Aug 21, 2023 to Mar 28, 2024
    • Individual RAUM · $691,002 to $1.0M
      Aug 21, 2023 to Mar 28, 2024
    • Pension RAUM · $1.1M to $1.2M
      Aug 21, 2023 to Mar 28, 2024
    • Pooled vehicle RAUM · 1699345.0 to unset
      Aug 21, 2023 to Mar 28, 2024
    • RAUM · $399M to $376M
      Aug 21, 2023 to Mar 28, 2024
    • Accounts · 34 to 30
      Aug 18, 2022 to Mar 31, 2023
    • BD registered reps · 2 to 1
      Aug 18, 2022 to Mar 31, 2023
    • Individual clients · 8 to 5
      Aug 18, 2022 to Mar 31, 2023
    • Employees · 12 to 11
      Aug 18, 2022 to Mar 31, 2023
    • State-registered IARs · 3 to 2
      Aug 18, 2022 to Mar 31, 2023
    • Discretionary RAUM · $656M to $399M
      Aug 18, 2022 to Mar 31, 2023
    • Individual RAUM · $1.6M to $691,002
      Aug 18, 2022 to Mar 31, 2023
    • Pension RAUM · $1.2M to $1.1M
      Aug 18, 2022 to Mar 31, 2023
    Signals
    12 dated events
    • Steven Grady Carver left Donoghue Forlines Llc for Lpl Financial Llc (registered 2023-05-18)
      Apr 5, 2023 · Advisor changed firm · fact
    • Bradley William Dowler (Member) appeared on Schedule A of Donoghue Forlines Llc
      Mar 31, 2023 · Control person joined · fact
    • Donoghue Forlines Llc reported RAUM $398.8M, down 39% from $656.1M (2022-08-18 to 2023-03-31)
      Mar 31, 2023 · RAUM change · derived
    • Curtis Alexander Meyer (Director Of Sales, Director) no longer on Schedule A of Donoghue Forlines Llc (listed 2022-03-31, absent 2022-08-18)
      Aug 18, 2022 · Control person left · inference
    • Donoghue Forlines Llc reported RAUM $706.9M, down 73% from $2.6B (2020-01-09 to 2020-03-30)
      Mar 30, 2020 · RAUM change · derived
    • Joseph Robert Shea (Co-Chief Investment Officer) no longer on Schedule A of Donoghue Forlines Llc (listed 2019-10-31, absent 2020-01-09)
      Jan 9, 2020 · Control person left · inference
    • Alexander Jack Earp (Chief Compliance Officer) appeared on Schedule A of Donoghue Forlines Llc
      Oct 31, 2019 · Control person joined · fact
    • Bradley William Dowler (Chief Compliance Officer And Treasurer) no longer on Schedule A of Donoghue Forlines Llc (listed 2019-03-25, absent 2019-10-31)
      Oct 31, 2019 · Control person left · inference
    • Joseph Robert Shea (Co-Chief Investment Officer) appeared on Schedule A of Donoghue Forlines Llc
      Mar 25, 2019 · Control person joined · fact
    • Donoghue Forlines Llc reported RAUM $3.5B, up 30% from $2.7B (2017-12-05 to 2018-01-10)
      Jan 10, 2018 · RAUM change · derived
    • W.E. Donoghue & Co., Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Oct 17, 2016 · Succession (Item 4) · fact
    • W.E. Donoghue & Co., Llc filed its initial SEC registration (Form ADV)
      Oct 17, 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/donoghueforlinesreportedpublic record, Form ADV, Sep 18, 2026
    Website
    donoghueforlines.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    800.642.4276reportedpublic record, Form ADV, Mar 27, 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
    $371Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026