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
E•••• W••••• M••••••••• L••
Latest filing Mar 16, 2026
First filing on the tape Nov 30, 2018 · 26 filings
SEC status approved since Jan 28, 2019
RAUM
$310M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
15%
$46.5M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$62.1M
derived; firm RAUM over IAPD count
Employees
9
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$310M as of Mar 16, 2026
Mar 4, 2020$343M then
HNW client RAUM$4.3M as of Mar 16, 2026
Mar 4, 2020$1.0M then
State-registered IARs (5.B.3)5 as of Mar 16, 2026
Mar 4, 20204 then
Employees (5.A)9 as of Mar 16, 2026
Mar 4, 20205 then
Private funds: no history
RAUM +14% over the last fiscal year-9.5% a year over threeIARs 6 to 5offices 3 to 1
Practice profile
derived from the filing of Mar 16, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $62.1MderivedRAUM 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
- $935,230derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 85%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 2.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- -17%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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
- is an insurance broker or agent (6.A.6)
- 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
- Pension and profit-sharing plans$264M85%
- Individuals$42.2M14%
- High-net-worth individuals$4.3M1.4%
- Individual clients
- 263reported
- HNW clients
- n/areported
- Pension plan clients
- 63reported
- Charitable clients
- n/areported
- Accounts
- 332reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.15 fund_share=0.0 institutional_share=0.85 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| E••••• B•••••••• | Manchester, Ct | Jan 28, 2019 | 36 y | 1 |
| P••• A••••• H••••• | Manchester, Ct | Feb 25, 2019 | 23 y | 1 |
| J••••• D••••••• M•••••• | Manchester, Ct | Feb 29, 2020 | 14 y | 0 |
| G••••• M•••••• M••••••••• | Manchester, Ct | Apr 28, 2022 | 30 y | 2 |
| N••••••• C•••••• | Manchester, Ct | Apr 30, 2024 | 12 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 20% of current headcount3 left over 36 months
Left, latest
- J•••• R••••• N•••••••• to Z••• D•• C•••••• E••••••••• L••Oct 14, 2025 · Other
- R••••• H••••••• D••••• to S••••• R••••••••• G••••Mar 24, 2025 · Other
- M••• B•••••• to S••••• R••••••••• G••••Mar 24, 2025 · Other
- C••••••••• M•••••• D•••• to H•••••• T••••••• • K•••• L••Jul 11, 2023 · Other
- J••• A•••••••• R•••• to K•• I••••••••• S••••••• L••Jul 27, 2022 · Other
Joined, latest
- J••• A•••••••• R•••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Jun 23, 2022 · Other
- R••••• H••••••• D••••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Jun 23, 2022 · Other
- G••••• M•••••• M••••••••• from T•• A•••••••• I•••Apr 28, 2022 · Other
- C••••••••• M•••••• D•••• from E•• F•••••••• A•••••••Mar 2, 2022 · Other
- P••• A••••• H••••• from M•• F•••••••• S•••••••• I•••Feb 25, 2019 · Other
- E••••• B•••••••• from F•• S••••••••• C•••••••••Jan 28, 2019 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- B••••••••• E••••• · Managing Member, Chief Investment Officer And Chief Compliance Officercontrolsince 11/2018 · owns 25% to 50%
- L••••• M••••••• A••••• · Managing Membercontrolsince 08/2020 · owns 25% to 50%
- H•••••• P•••• A••••• · Financial Consultantsince 01/2023 · owns 5% to 10%
- R•••••••• J••••• R•••••• · Chief Operating Officersince 01/2023 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Manchester, Ct · principal | 5 | 0 | 1 | ||
| Longwood, Fl | 0 | 0 | 0 | ||
| Ringoes, Nj | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Mar 16, 2026institutional share of RAUM of 85% against a peer median of 0% (212 comparable advisers, 98.0th percentile, 28.7 robust deviations)peers: other advisers, $100M to $500M (212) · 98% percentile
- office count dropChange between filings · filing Mar 16, 2026offices other than the principal office (Item 1.F.5) moved from 3.0 to 1.0 (-67.0%) between the annual amendments of 2025-04-21 and 2026-03-16; the peer median change was 0.0% (7 comparable advisers, 0.0th percentile of changes)peers: other advisers, $100M to $500M (7) · 0.0% percentile
What changed
consecutive filings, newest first
- Accounts · 462 to 332Oct 14, 2025 to Mar 16, 2026
- Advisory employees · 6 to 5Oct 14, 2025 to Mar 16, 2026
- Individual clients · 462 to 263Oct 14, 2025 to Mar 16, 2026
- Pension plan clients · 58 to 63Oct 14, 2025 to Mar 16, 2026
- Employees · 10 to 9Oct 14, 2025 to Mar 16, 2026
- State-registered IARs · 6 to 5Oct 14, 2025 to Mar 16, 2026
- Other offices · 3 to 1Oct 14, 2025 to Mar 16, 2026
- Discretionary RAUM · $273M to $310MOct 14, 2025 to Mar 16, 2026
- HNW RAUM · unset to 4345333.0Oct 14, 2025 to Mar 16, 2026
- Individual RAUM · $31.7M to $42.2MOct 14, 2025 to Mar 16, 2026
- Pension RAUM · $241M to $264MOct 14, 2025 to Mar 16, 2026
- RAUM · $273M to $310MOct 14, 2025 to Mar 16, 2026
- Financial planning clients · 0 to 0Apr 21, 2025 to Oct 14, 2025
- Accounts · 232 to 462Jun 28, 2024 to Apr 21, 2025
- Advisory employees · 7 to 6Jun 28, 2024 to Apr 21, 2025
- Advisory activities · 3 to 4Jun 28, 2024 to Apr 21, 2025
- Individual clients · 216 to 462Jun 28, 2024 to Apr 21, 2025
- Pension plan clients · 38 to 58Jun 28, 2024 to Apr 21, 2025
- Insurance-licensed employees · 1 to 0Jun 28, 2024 to Apr 21, 2025
- State-registered IARs · 7 to 6Jun 28, 2024 to Apr 21, 2025
- Other offices · 5 to 3Jun 28, 2024 to Apr 21, 2025
- Discretionary RAUM · $233M to $273MJun 28, 2024 to Apr 21, 2025
- HNW RAUM · 3152246.0 to unsetJun 28, 2024 to Apr 21, 2025
- Individual RAUM · $24.4M to $31.7MJun 28, 2024 to Apr 21, 2025
- Pension RAUM · $205M to $241MJun 28, 2024 to Apr 21, 2025
- RAUM · $233M to $273MJun 28, 2024 to Apr 21, 2025
- Accounts · 234 to 232Aug 30, 2023 to Mar 6, 2024
- Advisory employees · 10 to 7Aug 30, 2023 to Mar 6, 2024
- BD registered reps · 4 to 3Aug 30, 2023 to Mar 6, 2024
- HNW clients · 3.0 to unsetAug 30, 2023 to Mar 6, 2024
- Individual clients · 106 to 216Aug 30, 2023 to Mar 6, 2024
- Pension plan clients · 81 to 38Aug 30, 2023 to Mar 6, 2024
- Employees · 12 to 10Aug 30, 2023 to Mar 6, 2024
- State-registered IARs · 10 to 7Aug 30, 2023 to Mar 6, 2024
- Other offices · 4 to 5Aug 30, 2023 to Mar 6, 2024
- Discretionary RAUM · $419M to $233MAug 30, 2023 to Mar 6, 2024
- HNW RAUM · $5.0M to $3.2MAug 30, 2023 to Mar 6, 2024
- Individual RAUM · $28.5M to $24.4MAug 30, 2023 to Mar 6, 2024
- Pension RAUM · $386M to $205MAug 30, 2023 to Mar 6, 2024
- RAUM · $419M to $233MAug 30, 2023 to Mar 6, 2024
Signals
10 dated events
- J•••• R••••• N•••••••• left E•••• W••••• M••••••••• L•• for Z••• D•• C•••••• E••••••••• L•• (registered 2025-07-01)Oct 14, 2025 · Advisor changed firm · fact
- R••••• H••••••• D••••• left E•••• W••••• M••••••••• L•• for S••••• R••••••••• G•••• (registered 2025-01-17)Mar 24, 2025 · Advisor changed firm · fact
- M••• B•••••• left E•••• W••••• M••••••••• L•• for S••••• R••••••••• G•••• (registered 2025-06-20)Mar 24, 2025 · Advisor changed firm · fact
- E•••• W••••• M••••••••• L•• reported RAUM $232.7M, down 45% from $419.5M (2023-08-30 to 2024-03-06)Mar 6, 2024 · RAUM change · derived
- C••••••••• M•••••• D•••• left E•••• W••••• M••••••••• L•• for H•••••• T••••••• • K•••• L•• (registered 2024-01-30)Jul 11, 2023 · Advisor changed firm · fact
- J••• A•••••••• R•••• left E•••• W••••• M••••••••• L•• for K•• I••••••••• S••••••• L•• (registered 2024-04-04)Jul 27, 2022 · Advisor changed firm · fact
- E•••• W••••• M••••••••• L•• reported RAUM $334.5M, down 41% from $565.5M (2021-08-23 to 2021-10-15)Oct 15, 2021 · RAUM change · derived
- E•••• W••••• M••••••••• L•• reported RAUM $565.5M, up 35% from $418.0M (2021-03-03 to 2021-08-23)Aug 23, 2021 · RAUM change · derived
- Angelo M•••••• Lucco (Managing Member) appeared on Schedule A of E•••• W••••• M••••••••• L••Mar 3, 2021 · Control person joined · fact
- E•••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Nov 30, 2018 · 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
- Website
- excelwm.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (888) 929-9920reportedpublic record, Form ADV, Mar 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
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $62.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026