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

R•••••• I•••

Independent wealth managerNatick, MassachusettsCRD 301106SEC 801-132378websiteIAPD
Latest filing Feb 20, 2026
First filing on the tape Mar 20, 2025 · 4 filings
SEC status approved since Apr 14, 2025
RAUM
$119M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$111M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$59.6M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$119M as of Feb 20, 2026
Mar 20, 2025$116M then
HNW client RAUM$28.7M as of Feb 20, 2026
Mar 20, 2025$56.2M then
State-registered IARs (5.B.3)3 as of Feb 20, 2026
Mar 20, 20252 then
Employees (5.A)4 as of Feb 20, 2026
Mar 20, 20253 then
Private funds: no history
RAUM +2.6% over the last fiscal yearIARs 2 to 3
Practice profile
derived from the filing of Feb 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$59.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
159derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$957,000derivedHNW RAUM over HNW clients
Average account
$212,142derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+2.6%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+65%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 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
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$82.0M69%
  • High-net-worth individuals$28.7M24%
  • Pension and profit-sharing plans$8.4M7.0%
  • Charitable organizations$80,0000.1%
Individual clients
288reported
HNW clients
30reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
562reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••• Y••••••• R•••Certified Financial PlannerNatick, MaMay 21, 202022 y2
P••••• L•Natick, MaJun 21, 202214 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
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • R•••• D••••• Y••••••• · Owner, Chief Compliance Officercontrol
      since 01/2019 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Natick, Ma · principal200
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    3 against comparable advisers; where to look, not conclusions
    • client count surgeChange between filings · filing Feb 20, 2026
      individual and HNW clients (Item 5.D) moved from 193.0 to 318.0 (+65.0%) between the annual amendments of 2025-03-20 and 2026-02-20; the peer median change was +3.0% (3309 comparable advisers, 98.0th percentile of changes)
      peers: WEALTH_I•••••••••, $100M to $500M (3,309) · 98% percentile
    • HNW share shiftChange between filings · filing Feb 20, 2026
      HNW share of RAUM moved from 48.0% to 24.0% between the annual amendments of 2025-03-20 and 2026-02-20
      peers: WEALTH_I•••••••••, $100M to $500M (5,678)
    • custody status changedChange between filings · filing Feb 20, 2026
      custody of client assets (Item 9.A): yes on the filing of 2025-08-12, no on the filing of 2026-02-20
      peers: WEALTH_I•••••••••, $100M to $500M (5,678)
    What changed
    consecutive filings, newest first
    • Accounts · 468 to 562
      Aug 12, 2025 to Feb 20, 2026
    • Advisory employees · 2 to 3
      Aug 12, 2025 to Feb 20, 2026
    • HNW clients · 53 to 30
      Aug 12, 2025 to Feb 20, 2026
    • Individual clients · 140 to 288
      Aug 12, 2025 to Feb 20, 2026
    • Assets in custody · 107789639.0 to unset
      Aug 12, 2025 to Feb 20, 2026
    • Custody of client assets · true to false
      Aug 12, 2025 to Feb 20, 2026
    • Employees · 3 to 4
      Aug 12, 2025 to Feb 20, 2026
    • State-registered IARs · 2 to 3
      Aug 12, 2025 to Feb 20, 2026
    • Discretionary RAUM · $116M to $119M
      Aug 12, 2025 to Feb 20, 2026
    • HNW RAUM · $56.2M to $28.7M
      Aug 12, 2025 to Feb 20, 2026
    • Individual RAUM · $52.5M to $82.0M
      Aug 12, 2025 to Feb 20, 2026
    • Pension RAUM · $7.0M to $8.4M
      Aug 12, 2025 to Feb 20, 2026
    • RAUM · $116M to $119M
      Aug 12, 2025 to Feb 20, 2026
    • Financial planning clients · 1-10 to 1-10
      Mar 20, 2025 to Jun 11, 2025
    Signals
    No event on the tape.
    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 phone
    508-655-1185reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    508-960-2169reportedpublished by the firm, firm site, Sep 17, 2026
    Website
    r•••.coreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    (508) 655-1185reportedpublic record, Form ADV, Feb 20, 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
    $59.6Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026