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

N•• I••••• C••••••

Independent wealth managerCRD 286587SEC 801-117120websiteIAPD
Legal name N•• I••••• A•••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Jul 3, 2019 · 33 filings
SEC status approved since Aug 2, 2019
RAUM
$459M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
56%
$256M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$153M
derived; firm RAUM over IAPD count
Employees
9
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$459M as of Mar 31, 2026
Mar 30, 2020$120M then
HNW client RAUM$237M as of Mar 31, 2026
Mar 30, 2020$78.5M then
State-registered IARs (5.B.3)3 as of Mar 31, 2026
Mar 30, 20201 then
Employees (5.A)9 as of Mar 31, 2026
Mar 30, 202012 then
Private funds: no history
RAUM -13% over the last fiscal year+19% a year over threeIARs 4 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
RAUM per advisor
$153MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$1.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
18%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-13%derivedbetween the last two annual amendments
Advisor growth, one year
-25%derivedItem 5.B.3 between annual amendments
Client growth, one year
-13%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, selection of other advisers, educational seminarsreportedItem 5.G
Custody
$65.8M, 19 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$237M52%
  • Investment companies$90.4M20%
  • Charitable organizations$83.8M18%
  • Corporations and businesses$28.6M6.2%
  • Individuals$18.7M4.1%
Individual clients
70reported
HNW clients
77reported
Pension plan clients
0reported
Charitable clients
13reported
Accounts
313reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$65.8M for 19 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.56 fund_share=0.2 institutional_share=0.18 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
K•••••• B•••• H•••Piedmont, CaApr 23, 201816 y0
J••••• A•••• T•••••••Chartered Financial AnalystWaltham, Ma Feb 22, 202411 y1
S••••••• K••••••••Berkeley, Ca Jan 15, 202610 y1
Advisor movement
1 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A•••••• R••••••• E••••• J••••• · Chief Compliance Officer & I••••• Directorcontrol
    since 11/2023 · owns less than 5%
  • H•••• K••••••• B•••• · Sole And Managing Member And Chief Executive Officercontrol
    since 02/2017 · owns 75% or more
  • T•••••••• J•••••• A•••• · Partner And Portfolio Managercontrol
    since 01/2024 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Berkeley, Ca210
Weston, Ma001
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • very high RAUM per advisorStatic outlier · filing Mar 31, 2026
    RAUM per registered advisor of $152,990,262 against a peer median of $55,731,856 (3254 comparable advisers, 99.0th percentile, 3.4 robust deviations)
    peers: independent wealth managers, $100M to $500M (3,254) · 99% percentile
  • custody status changedChange between filings · filing Mar 31, 2026
    custody of client assets (Item 9.A): no on the filing of 2025-12-23, yes on the filing of 2026-03-31
    peers: independent wealth managers, $100M to $500M (5,676)
  • discretionary share shiftChange between filings · filing Mar 31, 2026
    discretionary share of RAUM moved from 85.0% to 100.0% between the annual amendments of 2025-03-31 and 2026-03-31
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 344 to 313
    Dec 23, 2025 to Mar 31, 2026
  • Corporate clients · 9 to 10
    Dec 23, 2025 to Mar 31, 2026
  • HNW clients · 92 to 77
    Dec 23, 2025 to Mar 31, 2026
  • Individual clients · 76 to 70
    Dec 23, 2025 to Mar 31, 2026
  • Assets in custody · $67.3M to $65.8M
    Dec 23, 2025 to Mar 31, 2026
  • Custody of client assets · false to true
    Dec 23, 2025 to Mar 31, 2026
  • Employees · 10 to 9
    Dec 23, 2025 to Mar 31, 2026
  • Financial planning clients · 1-10 to 0
    Dec 23, 2025 to Mar 31, 2026
  • State-registered IARs · 4 to 3
    Dec 23, 2025 to Mar 31, 2026
  • Discretionary RAUM · $446M to $459M
    Dec 23, 2025 to Mar 31, 2026
  • HNW RAUM · $241M to $237M
    Dec 23, 2025 to Mar 31, 2026
  • Individual RAUM · $17.7M to $18.7M
    Dec 23, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $79.2M to $0
    Dec 23, 2025 to Mar 31, 2026
  • RAUM · $526M to $459M
    Dec 23, 2025 to Mar 31, 2026
  • Financial planning clients · 1-10 to 1-10
    Mar 31, 2025 to Jun 17, 2025
  • Accounts · 319 to 344
    Jan 14, 2025 to Mar 31, 2025
  • Non-discretionary RAUM · $0 to $79.2M
    Jan 14, 2025 to Mar 31, 2025
  • RAUM · $446M to $526M
    Jan 14, 2025 to Mar 31, 2025
  • Accounts · 320 to 319
    Sep 30, 2024 to Jan 14, 2025
  • Corporate clients · 10 to 9
    Sep 30, 2024 to Jan 14, 2025
  • HNW clients · 82 to 92
    Sep 30, 2024 to Jan 14, 2025
  • Individual clients · 92 to 76
    Sep 30, 2024 to Jan 14, 2025
  • Assets in custody · unset to 67277699.0
    Sep 30, 2024 to Jan 14, 2025
  • HQ city · unset to
    Sep 30, 2024 to Jan 14, 2025
  • HQ state · unset to
    Sep 30, 2024 to Jan 14, 2025
  • Other offices · 0 to 2
    Sep 30, 2024 to Jan 14, 2025
  • Discretionary RAUM · $433M to $446M
    Sep 30, 2024 to Jan 14, 2025
  • HNW RAUM · $223M to $241M
    Sep 30, 2024 to Jan 14, 2025
  • Individual RAUM · $30.6M to $17.7M
    Sep 30, 2024 to Jan 14, 2025
  • RAUM · $433M to $446M
    Sep 30, 2024 to Jan 14, 2025
  • Accounts · 314 to 320
    Mar 27, 2024 to Aug 26, 2024
  • Charity clients · 15 to 13
    Mar 27, 2024 to Aug 26, 2024
  • Corporate clients · 13 to 10
    Mar 27, 2024 to Aug 26, 2024
  • HNW clients · 80 to 82
    Mar 27, 2024 to Aug 26, 2024
  • Individual clients · 89 to 92
    Mar 27, 2024 to Aug 26, 2024
  • Employees · 11 to 10
    Mar 27, 2024 to Aug 26, 2024
  • Discretionary RAUM · $409M to $433M
    Mar 27, 2024 to Aug 26, 2024
  • HNW RAUM · $190M to $223M
    Mar 27, 2024 to Aug 26, 2024
  • Individual RAUM · $28.6M to $30.6M
    Mar 27, 2024 to Aug 26, 2024
  • RAUM · $409M to $433M
    Mar 27, 2024 to Aug 26, 2024
Signals
8 dated events
  • J•••• J•••••• M•••••• left N•• I••••• C•••••• for N•••••••• A•••• M••••••••• (registered 2026-02-10)
    Feb 12, 2026 · Advisor changed firm · fact
  • A••••• N••••• W•••• left N•• I••••• C•••••• for S••••• W••••• M••••••••• (registered 2025-07-15)
    May 12, 2025 · Advisor changed firm · fact
  • A•••• J••••• T••••••• (Partner And Portfolio Manager) appeared on Schedule A of N•• I••••• C••••••
    Feb 29, 2024 · Control person joined · fact
  • Jasmin Erika Andraca Ramirez (Chief Compliance Officer & Impact Director) appeared on Schedule A of N•• I••••• C••••••
    Dec 1, 2023 · Control person joined · fact
  • N•• I••••• C•••••• reported RAUM $274.5M, down 34% from $417.4M (2022-11-18 to 2023-03-24)
    Mar 24, 2023 · RAUM change · derived
  • N•• I••••• C•••••• reported RAUM $456.1M, up 51% from $301.9M (2021-05-18 to 2021-11-17)
    Nov 17, 2021 · RAUM change · derived
  • N•• I••••• C•••••• reported RAUM $314.1M, up 161% from $120.2M (2020-09-30 to 2021-01-28)
    Jan 28, 2021 · RAUM change · derived
  • N•• I••••• C•••••• filed its initial SEC registration (Form ADV)
    Jul 3, 2019 · 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@addend.comreportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/nia-impact-capitalreportedpublic record, Form ADV, Sep 18, 2026
Website
addend.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
510-319-9221reportedpublic record, Form ADV, Mar 31, 2026
Team page
addend.com/teamreportedpublished 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
$153Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026