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

F••••• D••••• C•••• • P•••••••• L••

Independent wealth managerWaltham, MassachusettsCRD 300282SEC 801-114693websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Jan 10, 2019 · 25 filings
SEC status approved since Feb 12, 2019
RAUM
$2.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
85%
$1.9B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
21
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
8
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$2.2B as of Mar 27, 2026
Mar 30, 2020$1.5B then
HNW client RAUM$1.9B as of Mar 27, 2026
Mar 30, 2020$1.3B then
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 30, 20200 then
Employees (5.A)21 as of Mar 27, 2026
Mar 30, 202015 then
Private funds8 as of Mar 27, 2026
Mar 30, 20206 then
RAUM +11% over the last fiscal year+13% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private 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
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$2.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
+4.7%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Custody
$1.6B, 657 clientsreportedItem 9.A
Ownership
controlled by a public reporting companyderived
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)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.9B84%
  • Corporations and businesses$154M6.9%
  • Pooled investment vehicles$111M5.0%
  • Charitable organizations$57.2M2.6%
  • Individuals$26.2M1.2%
  • Pension and profit-sharing plans$8.9M0.4%
Individual clients
78reported
HNW clients
718reported
Pension plan clients
n/areported
Charitable clients
15reported
Accounts
855reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$1.6B for 657 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.85 fund_share=0.05 institutional_share=0.03 related_bd=true related_bank=true bd_reps=0.0 bank_owner=falsederived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      9 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••••• E••••••••• A•• · President, Partnercontrol
        since 01/2019 · owns less than 5%
      • F•••••• F••••••••• P•••• · Portfolio M••••••, Partnercontrol
        since 01/2019 · owns less than 5%
      • G•••••• D•••••••• N•• · Chief O•••••••• Officer, Chief Compliance Officer, Partnercontrol
        since 01/2019 · owns less than 5%
      • M•••••••• B•••••• L••••••• · Partnercontrol
        since 01/2019 · owns less than 5%
      • M•••••• J••••••• D••••• · Chief Investment Officer, Partnercontrol
        since 01/2019 · owns less than 5%
      • S•••••• V•••••• N•• · Portfolio M••••••, Partnercontrol
        since 01/2019 · owns less than 5%
      Entity owners
      • F•••• O••••••••• L•• · Member (M••••••)
        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, Class B Common Stock
        indirect · owns 75% or more of F•••• F•••••••• P•••••••• I•••
      • F•••••••• F•• U••••••• H•••••••• L• · Shareholder
        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
      • F•• M•••••• I• L••
        pooled vehicle sponsory
      • F•• M•••••• I•• L••
        pooled vehicle sponsory
      • F•• M•••••• I• L••
        pooled vehicle sponsory
      • F•• M•••••• V• L••
        pooled vehicle sponsory
      • F•• M•••••• V•• L••
        pooled vehicle sponsory
      • F•• M•••••• V• L••
        pooled vehicle sponsory
      • F•• M•••••• V•• L••
        pooled vehicle sponsory
      • F•••• R••• S••••••••• L••
        real estaten
      Advisers that list F••••• D••••• C•••• • P•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • control person changedChange between filings · filing Mar 27, 2026
        F•••••• F••••••••• P•••• (PORTFOLIO M••••••, PARTNER) left Schedule A between the filings of 2023-09-28 and 2026-03-27
        peers: independent wealth managers, $1B to $5B (1,362)
      • control person changedChange between filings · filing Mar 27, 2026
        S•••••• V•••••• N•• (PORTFOLIO M••••••, PARTNER) left Schedule A between the filings of 2023-09-28 and 2026-03-27
        peers: independent wealth managers, $1B to $5B (1,362)
      What changed
      consecutive filings, newest first
      • Accounts · 816 to 855
        Apr 25, 2025 to Mar 27, 2026
      • Corporate clients · 29 to 32
        Apr 25, 2025 to Mar 27, 2026
      • HNW clients · 686 to 718
        Apr 25, 2025 to Mar 27, 2026
      • Individual clients · 74 to 78
        Apr 25, 2025 to Mar 27, 2026
      • Assets in custody · $1.4B to $1.6B
        Apr 25, 2025 to Mar 27, 2026
      • Employees · 19 to 21
        Apr 25, 2025 to Mar 27, 2026
      • Discretionary RAUM · $2.0B to $2.2B
        Apr 25, 2025 to Mar 27, 2026
      • HNW RAUM · $1.7B to $1.9B
        Apr 25, 2025 to Mar 27, 2026
      • Individual RAUM · $24.6M to $26.2M
        Apr 25, 2025 to Mar 27, 2026
      • Pension RAUM · $8.0M to $8.9M
        Apr 25, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $92.4M to $111M
        Apr 25, 2025 to Mar 27, 2026
      • RAUM · $2.0B to $2.2B
        Apr 25, 2025 to Mar 27, 2026
      • Accounts · 737 to 816
        Oct 16, 2024 to Apr 25, 2025
      • Corporate clients · 28 to 29
        Oct 16, 2024 to Apr 25, 2025
      • HNW clients · 611 to 686
        Oct 16, 2024 to Apr 25, 2025
      • Individual clients · 76 to 74
        Oct 16, 2024 to Apr 25, 2025
      • Pooled vehicle clients · 7 to 8
        Oct 16, 2024 to Apr 25, 2025
      • Assets in custody · $1.3B to $1.4B
        Oct 16, 2024 to Apr 25, 2025
      • Employees · 18 to 19
        Oct 16, 2024 to Apr 25, 2025
      • Financial planning clients · 1-10 to 1-10
        Oct 16, 2024 to Apr 25, 2025
      • Private funds · 7 to 8
        Oct 16, 2024 to Apr 25, 2025
      • Discretionary RAUM · $1.7B to $2.0B
        Oct 16, 2024 to Apr 25, 2025
      • HNW RAUM · $1.4B to $1.7B
        Oct 16, 2024 to Apr 25, 2025
      • Individual RAUM · $20.4M to $24.6M
        Oct 16, 2024 to Apr 25, 2025
      • Pension RAUM · $7.2M to $8.0M
        Oct 16, 2024 to Apr 25, 2025
      • Pooled vehicle RAUM · $88.1M to $92.4M
        Oct 16, 2024 to Apr 25, 2025
      • RAUM · $1.7B to $2.0B
        Oct 16, 2024 to Apr 25, 2025
      • Related insurance company · false to true
        Oct 16, 2024 to Apr 25, 2025
      • Accounts · 705 to 737
        Sep 28, 2023 to Mar 27, 2024
      • Charity clients · 11 to 15
        Sep 28, 2023 to Mar 27, 2024
      • Corporate clients · 9 to 28
        Sep 28, 2023 to Mar 27, 2024
      • HNW clients · 603 to 611
        Sep 28, 2023 to Mar 27, 2024
      • Individual clients · 69 to 76
        Sep 28, 2023 to Mar 27, 2024
      • Pension plan clients · 3.0 to unset
        Sep 28, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 8 to 7
        Sep 28, 2023 to Mar 27, 2024
      • Assets in custody · $1.5B to $1.3B
        Sep 28, 2023 to Mar 27, 2024
      • Financial planning clients · 0 to 1-10
        Sep 28, 2023 to Mar 27, 2024
      • Private funds · 8 to 7
        Sep 28, 2023 to Mar 27, 2024
      • Discretionary RAUM · $1.5B to $1.7B
        Sep 28, 2023 to Mar 27, 2024
      • HNW RAUM · $1.3B to $1.4B
        Sep 28, 2023 to Mar 27, 2024
      Signals
      2 dated events
      • Richardson Andrew Knowland (Chief Compliance Officer) no longer on Schedule A of F••••• D••••• C•••• • P•••••••• L•• (listed 2019-08-19, absent 2020-01-02)
        Jan 2, 2020 · Control person left · inference
      • F••••• D••••• C•••• • P•••••••• L•• filed its initial SEC registration (Form ADV)
        Jan 10, 2019 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Business phone
      617-423-3900reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      FDCCO.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      617-423-3900reportedpublic record, Form ADV, Mar 27, 2026
      Contact form
      fdcpartners.com/contactreportedpublished 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026