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

B••••• F••••• A••••••• L••

Independent wealth managerB•••••, MassachusettsCRD 299060SEC 801-128445websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Jun 28, 2023 · 9 filings
SEC status approved since Aug 2, 2023
RAUM
$330M
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
98%
$322M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$55.0M
derived; firm RAUM over IAPD count
Employees
10
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$330M as of Mar 19, 2026
Mar 13, 2024$169M then
HNW client RAUM$322M as of Mar 19, 2026
Mar 13, 2024$158M then
State-registered IARs (5.B.3)6 as of Mar 19, 2026
Mar 13, 20244 then
Employees (5.A)10 as of Mar 19, 2026
Mar 13, 20248 then
Private funds1 as of Mar 19, 2026
Mar 13, 20241 then
RAUM +16% over the last fiscal yearIARs 6 to 6
Practice profile
derived from the filing of Mar 19, 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
  • ria with p•••••• funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$55.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$8.5MderivedHNW RAUM over HNW clients
Average account
$1.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
80%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%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, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Custody
$407M, 42 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$322M98%
  • Pooled investment vehicles$8.0M2.4%
Individual clients
n/areported
HNW clients
38reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
198reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$407M for 42 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.98 fund_share=0.02 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
N••••••• A•••••• R•••••• H••••Certified Financial PlannerB•••••, MaJan 9, 201925 y0
W••••• J••• G•••••Chartered Financial AnalystB•••••, MaApr 24, 202014 y0
T••••• M•••••• C•••••••Certified Financial PlannerB•••••, MaFeb 1, 202211 y1
E••• D••••• C••••B•••••, MaFeb 5, 202514 y1
R••••• M••••••B•••••, MaFeb 19, 202511 y0
J••• M• A•••••B•••••, MaMar 3, 202611 y0
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
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
B•• P•••••• O••••••••• F••• I• L•Private Equity Fund$3.5M34Jun 28, 2023
Owners and control persons
Schedule A and B, latest filing
  • G•••••• W•••••• J••• · Cio And Membercontrol
    since 04/2020 · owns 10% to 25%
  • H••••• N•••••••• A•••••• R•••••• · President And Membercontrol
    since 09/2018 · owns 50% to 75%
  • L••••••• J•••••• A••• · Chief Compliance Officer, Chief Operating Officer, And Membercontrol
    since 06/2020 · owns 10% to 25%
  • T•••••• L••••• M••••••• · Head Of Family Offices And Membercontrol
    since 06/2021 · owns 5% to 10%
  • S•••••••• G•••••• G•••••• · Advisor And Member
    since 03/2019 · owns 10% to 25%
Related persons
Schedule D 7.A
  • B•• P•••••• O••••••••• F••• I• G• L••
    pooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
B•••••, Ma · principal610
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • unusually large average HNW clientStatic outlier · filing Mar 19, 2026
    HNW RAUM per HNW client of $8,467,504 against a peer median of $2,404,040 (4940 comparable advisers, 99.0th percentile, 4.1 robust deviations)
    peers: independent wealth managers, $100M to $500M (4,940) · 99% percentile
What changed
consecutive filings, newest first
  • Accounts · 283 to 198
    Oct 14, 2025 to Mar 19, 2026
  • HNW clients · 37 to 38
    Oct 14, 2025 to Mar 19, 2026
  • Assets in custody · $290M to $407M
    Oct 14, 2025 to Mar 19, 2026
  • Employees · 11 to 10
    Oct 14, 2025 to Mar 19, 2026
  • Discretionary RAUM · $254M to $264M
    Oct 14, 2025 to Mar 19, 2026
  • HNW RAUM · $274M to $322M
    Oct 14, 2025 to Mar 19, 2026
  • Non-discretionary RAUM · $31.2M to $66.1M
    Oct 14, 2025 to Mar 19, 2026
  • Pooled vehicle RAUM · $11.4M to $8.0M
    Oct 14, 2025 to Mar 19, 2026
  • RAUM · $285M to $330M
    Oct 14, 2025 to Mar 19, 2026
  • Financial planning clients · 0 to 0
    Apr 24, 2025 to Oct 14, 2025
  • Accounts · 245 to 283
    Mar 5, 2025 to Apr 24, 2025
  • Advisory employees · 4 to 6
    Mar 5, 2025 to Apr 24, 2025
  • Advisory activities · 4 to 5
    Mar 5, 2025 to Apr 24, 2025
  • HNW clients · 40 to 37
    Mar 5, 2025 to Apr 24, 2025
  • Assets in custody · $133M to $290M
    Mar 5, 2025 to Apr 24, 2025
  • Employees · 8 to 11
    Mar 5, 2025 to Apr 24, 2025
  • State-registered IARs · 4 to 6
    Mar 5, 2025 to Apr 24, 2025
  • Discretionary RAUM · $144M to $254M
    Mar 5, 2025 to Apr 24, 2025
  • HNW RAUM · $158M to $274M
    Mar 5, 2025 to Apr 24, 2025
  • Non-discretionary RAUM · $25.7M to $31.2M
    Mar 5, 2025 to Apr 24, 2025
  • Pooled vehicle RAUM · $11.3M to $11.4M
    Mar 5, 2025 to Apr 24, 2025
  • RAUM · $169M to $285M
    Mar 5, 2025 to Apr 24, 2025
  • Accounts · 140 to 245
    Jan 4, 2024 to Mar 13, 2024
  • HNW clients · 35 to 40
    Jan 4, 2024 to Mar 13, 2024
  • Assets in custody · $130M to $133M
    Jan 4, 2024 to Mar 13, 2024
  • Employees · 7 to 8
    Jan 4, 2024 to Mar 13, 2024
  • Discretionary RAUM · $153M to $144M
    Jan 4, 2024 to Mar 13, 2024
  • HNW RAUM · $144M to $158M
    Jan 4, 2024 to Mar 13, 2024
  • Non-discretionary RAUM · $0 to $25.7M
    Jan 4, 2024 to Mar 13, 2024
  • Pooled vehicle RAUM · $9.0M to $11.3M
    Jan 4, 2024 to Mar 13, 2024
  • RAUM · $153M to $169M
    Jan 4, 2024 to Mar 13, 2024
  • Advisory activities · 3 to 4
    Jul 20, 2023 to Aug 10, 2023
  • Financial planning clients · unset to 0
    Jul 20, 2023 to Aug 10, 2023
Signals
3 dated events
  • B••••• F••••• A••••••• L•• reported RAUM $284.9M, up 68% from $169.2M (2025-03-05 to 2025-04-24)
    Apr 24, 2025 · RAUM change · derived
  • B••••• F••••• A••••••• L•• filed its initial SEC registration (Form ADV)
    Jun 28, 2023 · First SEC registration · fact
  • T••••• L••• K••• left B••••• F••••• A••••••• L•• for T••• F•••• C•••••• P•••••••• L•• (registered 2023-07-14)
    Mar 6, 2023 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/boston-family-advisors-llcreportedpublic record, Form ADV, Sep 18, 2026
Website
bostonfamilyadvisors.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(617) 963-0904reportedpublic record, Form ADV, Mar 19, 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
$55.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026