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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Former SEC-registered adviser

L••• S••••• A•••••••

Former SEC-registered adviserPortsmouth, New HampshireCRD 288300SEC 801-110455websiteIAPD
Legal name L••• S••••• A••••••• G••••• L••
Latest filing May 23, 2024
First filing on the tape Apr 13, 2017 · 27 filings
SEC status approved since Apr 25, 2017
RAUM
$3.1B
reported, Item 5.F
Discretionary
41%
of RAUM
Private clients
100%
$3.1B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
45
22 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$3.1B as of Mar 28, 2024
Mar 29, 2018$3.1B then
HNW client RAUM$3.1B as of Mar 28, 2024
Mar 29, 2018$3.1B then
State-registered IARs (5.B.3)27 as of Mar 28, 2024
Mar 29, 201818 then
Employees (5.A)45 as of Mar 28, 2024
Mar 29, 201829 then
Private funds: 1
RAUM +7.6% over the last fiscal year+2.2% a year over threeIARs 27 to 27
Practice profile
derived from the filing of May 23, 2024; every figure names its basis
RAUM per advisor
$115MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$33.8MderivedHNW RAUM over HNW clients
Average account
$1.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
41%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
13.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+7.6%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, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 5.G
Custody
$2.2B, 561 clientsreportedItem 9.A
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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)
  • controlled by a public reporting company (10.A)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$3.1B100%
  • Charitable organizations$3.4M0.1%
Individual clients
n/areported
HNW clients
92reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
1,858reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$2.2B for 561 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
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
L•• A••••• F••• L•Hedge Fund$00Mar 28, 2024
Owners and control persons
Schedule A and B, latest filing
  • C••••• J•••••• W•••••• · Managing Partnercontrol
    since 01/2023 · owns less than 5%
  • D•••••• C••••••• B•••••• R••• · Partnercontrol
    since 04/2017 · owns less than 5%
  • K•••••• M••••••• R••••• · Chief Compliance Officercontrol
    since 05/2024 · owns less than 5%
  • O•••••• M•••••• · Partnercontrol
    since 04/2017 · owns less than 5%
  • V•••••••• S••••• T• · Partnercontrol
    since 01/2023 · owns less than 5%
  • W•••• N•••••• E••••• · Partnercontrol
    since 04/2017 · owns less than 5%
Entity owners
  • F•••• O••••••••• L•• · Member (Manager)
    direct · owns 75% or more
  • C••• F•••••••• C••••••••• L••• · Partner
    indirect · owns 25% to 50% of C••• F•••••••• H•••••••• L•••
  • C••• F•••••••• H•••••••• L••• · Partner
    indirect · owns 50% to 75% of F•••••••• F•• U••••••• H•••••••• L•
  • C••••••• D••••••• • R••• F••• X••• L••• · Partner
    indirect · owns 50% to 75% of C••• F•••••••• H•••••••• L•••
  • F•••••••• F•• A••••••••• L•• · Shareholder, Class A Common Stock
    indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
  • F•••••••• F•• I••••••••• H•••••••• L•• · Member
    indirect · owns 75% or more of F•••••••• F•• A••••••••• L••
  • F•••••••• F•• P•••••• I••• · Member
    indirect · owns 75% or more of F•••••••• F•• I••••••••• H•••••••• L••
  • F•••••••• F•• U••••••• H•••••••• L• · Shareholder
    indirect · owns 75% or more of F•••••••• F•• P•••••• I•••
  • F•••••••• F•• U••••••• H•••••••• L• · Shareholder, Class B Common Stock
    indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
  • F•••• F•••••••• P••••••• I••• · Member
    indirect · owns 75% or more of F•••• F•••••••• P•••••••• L••
  • F•••• F•••••••• P•••••••• L•• · Member
    indirect · owns 75% or more of F•••• O••••••••• L••
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Boston, Ma000
Portsmouth, Nh · principal000
Offices
Schedule D 1.F, the 25 largest
  • Boston, MA4 employees
What changed
consecutive filings, newest first
  • Accounts · 1,862 to 1,858
    Sep 27, 2023 to Mar 28, 2024
  • Advisory employees · 21 to 22
    Sep 27, 2023 to Mar 28, 2024
  • HNW clients · 74 to 92
    Sep 27, 2023 to Mar 28, 2024
  • Assets in custody · $1.6B to $2.2B
    Sep 27, 2023 to Mar 28, 2024
  • Employees · 43 to 45
    Sep 27, 2023 to Mar 28, 2024
  • Private funds · unset to 1
    Sep 27, 2023 to Mar 28, 2024
  • Discretionary RAUM · $1.1B to $1.3B
    Sep 27, 2023 to Mar 28, 2024
  • HNW RAUM · $2.9B to $3.1B
    Sep 27, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $1.8B to $1.8B
    Sep 27, 2023 to Mar 28, 2024
  • RAUM · $2.9B to $3.1B
    Sep 27, 2023 to Mar 28, 2024
  • Charity clients · unset to 1.0
    May 31, 2023 to Sep 27, 2023
  • Pension plan clients · 1.0 to unset
    May 31, 2023 to Sep 27, 2023
  • Pension RAUM · 3687850.0 to unset
    May 31, 2023 to Sep 27, 2023
  • Accounts · 1,524 to 1,862
    Nov 2, 2022 to Mar 30, 2023
  • Advisory employees · 16 to 21
    Nov 2, 2022 to Mar 30, 2023
  • HNW clients · 66 to 74
    Nov 2, 2022 to Mar 30, 2023
  • Assets in custody · $2.2B to $1.6B
    Nov 2, 2022 to Mar 30, 2023
  • Employees · 35 to 43
    Nov 2, 2022 to Mar 30, 2023
  • State-registered IARs · 23 to 27
    Nov 2, 2022 to Mar 30, 2023
  • Discretionary RAUM · $1.3B to $1.1B
    Nov 2, 2022 to Mar 30, 2023
  • HNW RAUM · $3.4B to $2.9B
    Nov 2, 2022 to Mar 30, 2023
  • Non-discretionary RAUM · $2.1B to $1.8B
    Nov 2, 2022 to Mar 30, 2023
  • Pension RAUM · $14.8M to $3.7M
    Nov 2, 2022 to Mar 30, 2023
  • RAUM · $3.4B to $2.9B
    Nov 2, 2022 to Mar 30, 2023
  • Accounts · 1,259 to 1,524
    Nov 30, 2021 to Mar 31, 2022
  • Advisory employees · 17 to 16
    Nov 30, 2021 to Mar 31, 2022
  • HNW clients · 54 to 66
    Nov 30, 2021 to Mar 31, 2022
  • Assets in custody · $1.8B to $2.2B
    Nov 30, 2021 to Mar 31, 2022
  • Employees · 33 to 35
    Nov 30, 2021 to Mar 31, 2022
  • Financial planning clients · 26-50 to 51-100
    Nov 30, 2021 to Mar 31, 2022
  • State-registered IARs · 20 to 23
    Nov 30, 2021 to Mar 31, 2022
  • Other offices · 2 to 1
    Nov 30, 2021 to Mar 31, 2022
  • Discretionary RAUM · $982M to $1.3B
    Nov 30, 2021 to Mar 31, 2022
  • HNW RAUM · $2.9B to $3.4B
    Nov 30, 2021 to Mar 31, 2022
  • Non-discretionary RAUM · $1.9B to $2.1B
    Nov 30, 2021 to Mar 31, 2022
  • Pension RAUM · $23.9M to $14.8M
    Nov 30, 2021 to Mar 31, 2022
  • RAUM · $2.9B to $3.4B
    Nov 30, 2021 to Mar 31, 2022
  • Accounts · 1,082 to 1,259
    May 28, 2020 to Mar 30, 2021
  • Advisory employees · 12 to 17
    May 28, 2020 to Mar 30, 2021
  • HNW clients · 52 to 54
    May 28, 2020 to Mar 30, 2021
Signals
37 dated events
  • L••• S••••• A••••••• no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $3.1B)
    May 2, 2025 · Left the SEC roster · derived
  • N••••• E••••• W••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 19, 2025 · Advisor changed firm · fact
  • K•••••• R••••• G•••••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-05)
    Mar 14, 2025 · Advisor changed firm · fact
  • C••• R• M••••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • J••••••• A••• H••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • M•••••• R••••• K••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • M•••••• R•••••• L•••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • G•••••••• A•••••• Z••••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • R••• P•••••• N•••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • T••••• J•••• B••••••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • C•••••• A••• F••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • N••••• R•••• B••••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • K••••• J•••• L•••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • W•••••• A••• G••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • C•••••• B•••••• R••• D••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-04)
    Mar 11, 2025 · Advisor changed firm · fact
  • Z•••••• P•••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • D•••• A••• S••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • J••••• V••••••• H••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • M•••••• O••••• left L••• S••••• A••••••• for S•• C•••••• M••••••••• L•• (registered 2025-03-03)
    Mar 11, 2025 · Advisor changed firm · fact
  • L••• S••••• A•••••••'s advisors moved to S•• C•••••• M••••••••• L•• (Portsmouth, NH): 18 of 18 registered, within 8 days
    Mar 11, 2025 · Firm absorbed (people side) · derived
  • S••••• G••••• S•••••• left L••• S••••• A••••••• for I••••••••• C•••••• M••••••••• L•• (registered 2025-07-11)
    Feb 20, 2025 · Advisor changed firm · fact
  • H••••• W•••••• S••••••• left L••• S••••• A••••••• for I••••••••• C•••••• M••••••••• L•• (registered 2025-05-27)
    Feb 20, 2025 · Advisor changed firm · fact
  • J•••• P•••••• M••••••••• left L••• S••••• A••••••• for I••••••••• C•••••• M••••••••• L•• (registered 2025-05-30)
    Feb 20, 2025 · Advisor changed firm · fact
  • 3 advisors left L••• S••••• A••••••• (Portsmouth, NH) for I••••••••• C•••••• M••••••••• L•• on the same day
    Feb 20, 2025 · Team lift-out · derived
  • R•••••• E• B•••• left L••• S••••• A••••••• for C•• W••••• M••••••••• L•• (registered 2025-08-04)
    Oct 16, 2024 · Advisor changed firm · fact
  • R••••• M•••••• K••••• (Chief Compliance Officer) appeared on Schedule A of L••• S••••• A•••••••
    May 23, 2024 · Control person joined · fact
  • Joseph Brian Durkin (Chief Compliance Officer/Chief Financial Officer) no longer on Schedule A of L••• S••••• A••••••• (listed 2024-03-28, absent 2024-05-23)
    May 23, 2024 · Control person left · inference
  • B•••• J••••• D••••• left L••• S••••• A••••••• for G•• P•••••• W••••• (registered 2024-05-22)
    May 3, 2024 · Advisor changed firm · fact
  • C••••••••• J••• C•••• left L••• S••••• A••••••• for Lnw (registered 2024-05-09)
    Apr 5, 2024 · Advisor changed firm · fact
  • P•••• W•••••• A••••• left L••• S••••• A••••••• for W••• P••• C•••••• (registered 2024-05-14)
    Mar 26, 2024 · Advisor changed firm · 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