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

Goodman Advisory Group, LLC

Independent wealth managerNeedham, MassachusettsCRD 285637SEC 801-108671websiteIAPD
Latest filing Mar 12, 2026
First filing on the tape Nov 9, 2016 · 27 filings
SEC status approved since Nov 18, 2016
RAUM
$415M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
88%
$367M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$69.2M
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$415M as of Mar 12, 2026
Mar 18, 2017$111M then
HNW client RAUM$327M as of Mar 12, 2026
Mar 23, 2018$160M then
State-registered IARs (5.B.3)6 as of Mar 12, 2026
Mar 18, 20174 then
Employees (5.A)8 as of Mar 12, 2026
Mar 18, 20174 then
Private funds: no history
RAUM +12% over the last fiscal year+17% a year over threeIARs 5 to 6
Practice profile
derived from the filing of Mar 12, 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
RAUM per advisor
$69.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
62derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$556,942derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
11%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+20%derivedItem 5.B.3 between annual amendments
Client growth, one year
-14%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, educational seminarsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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 securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$327M79%
  • Charitable organizations$45.9M11%
  • Individuals$40.0M9.6%
  • Corporations and businesses$1.3M0.3%
  • Pension and profit-sharing plans$1.2M0.3%
Individual clients
160reported
HNW clients
212reported
Pension plan clients
3reported
Charitable clients
2reported
Accounts
746reported
Financial planning clients
101-250reported
Wrap fee programs
$0 sponsored, $97.6M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.88 fund_share=0.0 institutional_share=0.11 related_bd=false related_bank=false bd_reps=6.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Deborah Nicole GoodmanCertified Financial PlannerNeedham, MaJan 3, 201719 y0
Joseph Paul RofinoNeedham, MaJan 3, 201713 y1
Steven Martin GoodmanCertified Financial PlannerNeedham, MaJan 3, 201738 y1
Rosalie CryanChartered Financial AnalystNeedham, MaFeb 27, 202313 y0
Brad Edward BarthelemyNeedham, MaNov 15, 202312 y0
Bernard John LynchCertified Financial PlannerNeedham, MaSep 9, 202511 y6
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 17% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Nicole Deborah Goodman · Managing Member, President And Chief Compliance Officercontrol
    since 10/2016 · owns 50% to 75%
  • Paul Joseph Rofino · Director Of Research And Portfolio Managercontrol
    since 01/2020 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Needham, Ma · principal601
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 817 to 746
    May 5, 2025 to Mar 12, 2026
  • Advisory employees · 4 to 6
    May 5, 2025 to Mar 12, 2026
  • BD registered reps · 3 to 6
    May 5, 2025 to Mar 12, 2026
  • Charity clients · 1 to 2
    May 5, 2025 to Mar 12, 2026
  • Corporate clients · 4 to 3
    May 5, 2025 to Mar 12, 2026
  • HNW clients · 211 to 212
    May 5, 2025 to Mar 12, 2026
  • Individual clients · 220 to 160
    May 5, 2025 to Mar 12, 2026
  • Pension plan clients · 2 to 3
    May 5, 2025 to Mar 12, 2026
  • Assets in custody · unset to 9206992.0
    May 5, 2025 to Mar 12, 2026
  • Financial planning clients · 11-25 to 101-250
    May 5, 2025 to Mar 12, 2026
  • State-registered IARs · 5 to 6
    May 5, 2025 to Mar 12, 2026
  • Discretionary RAUM · $370M to $415M
    May 5, 2025 to Mar 12, 2026
  • HNW RAUM · $285M to $327M
    May 5, 2025 to Mar 12, 2026
  • Individual RAUM · $47.8M to $40.0M
    May 5, 2025 to Mar 12, 2026
  • Pension RAUM · $891,962 to $1.2M
    May 5, 2025 to Mar 12, 2026
  • RAUM · $370M to $415M
    May 5, 2025 to Mar 12, 2026
  • Wrap assets (manager) · $0 to $97.6M
    May 5, 2025 to Mar 12, 2026
  • Financial planning clients · 11-25 to 11-25
    Mar 27, 2025 to May 5, 2025
  • Accounts · 776 to 817
    Nov 8, 2024 to Mar 27, 2025
  • Advisory employees · 6 to 4
    Nov 8, 2024 to Mar 27, 2025
  • Advisory activities · 5 to 4
    Nov 8, 2024 to Mar 27, 2025
  • BD registered reps · 2 to 3
    Nov 8, 2024 to Mar 27, 2025
  • HNW clients · 189 to 211
    Nov 8, 2024 to Mar 27, 2025
  • Individual clients · 231 to 220
    Nov 8, 2024 to Mar 27, 2025
  • State-registered IARs · 6 to 5
    Nov 8, 2024 to Mar 27, 2025
  • Discretionary RAUM · $297M to $370M
    Nov 8, 2024 to Mar 27, 2025
  • HNW RAUM · $220M to $285M
    Nov 8, 2024 to Mar 27, 2025
  • Individual RAUM · $48.9M to $47.8M
    Nov 8, 2024 to Mar 27, 2025
  • Pension RAUM · $679,256 to $891,962
    Nov 8, 2024 to Mar 27, 2025
  • RAUM · $297M to $370M
    Nov 8, 2024 to Mar 27, 2025
  • Accounts · 747 to 776
    Mar 27, 2023 to Mar 27, 2024
  • Advisory employees · 5 to 6
    Mar 27, 2023 to Mar 27, 2024
  • Charity clients · 0 to 1
    Mar 27, 2023 to Mar 27, 2024
  • Corporate clients · 5 to 4
    Mar 27, 2023 to Mar 27, 2024
  • HNW clients · 181 to 189
    Mar 27, 2023 to Mar 27, 2024
  • Individual clients · 234 to 231
    Mar 27, 2023 to Mar 27, 2024
  • Employees · 6 to 8
    Mar 27, 2023 to Mar 27, 2024
  • State-registered IARs · 4 to 6
    Mar 27, 2023 to Mar 27, 2024
  • Discretionary RAUM · $259M to $297M
    Mar 27, 2023 to Mar 27, 2024
  • HNW RAUM · $196M to $220M
    Mar 27, 2023 to Mar 27, 2024
Signals
4 dated events
  • Alan Abraham Zwicker left Goodman Advisory Group, Llc for Schwab Wealth Advisory, Inc. (registered 2026-04-16)
    Jan 21, 2026 · Advisor changed firm · fact
  • David Luke Barlow left Goodman Advisory Group, Llc for Grimes & Company (registered 2024-09-26)
    Jun 3, 2024 · Advisor changed firm · fact
  • Goodman Advisory Group, Llc reported RAUM $222.8M, up 101% from $110.8M (2017-09-20 to 2018-03-23)
    Mar 23, 2018 · RAUM change · derived
  • Goodman Advisory Group, Llc filed its initial SEC registration (Form ADV)
    Nov 9, 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
Business phone
781-350-9995reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
781-559-0320reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
781-559-0321reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/GOODMAN-ADVISORY-GROUP-LLCreportedpublic record, Form ADV, Sep 17, 2026
Website
GOODMANADVISORYGROUP.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(781) 559-0320reportedpublic record, Form ADV, Mar 12, 2026
Contact form
goodmanadvisorygroup.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
goodmanadvisorygroup.com/meet-the-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
$69.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026