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• F•••••••• S•••••••• L••

Independent wealth managerFalmouth, MaineCRD 304297SEC 801-120468websiteIAPD
Latest filing Mar 23, 2026
First filing on the tape Feb 5, 2021 · 12 filings
SEC status approved since Mar 8, 2021
RAUM
$245M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
95%
$234M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$81.8M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$245M as of Mar 23, 2026
Feb 19, 2021$126M then
HNW client RAUM$164M as of Mar 23, 2026
Feb 19, 2021$89.4M then
State-registered IARs (5.B.3)3 as of Mar 23, 2026
Feb 19, 20212 then
Employees (5.A)4 as of Mar 23, 2026
Feb 19, 20214 then
Private funds: no history
RAUM +11% over the last fiscal year+12% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
RAUM per advisor
$81.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
130derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$250,400derivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
4.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$164M67%
  • Individuals$70.1M29%
  • Pension and profit-sharing plans$8.7M3.5%
  • Corporations and businesses$1.6M0.6%
  • Charitable organizations$731,6300.3%
  • State and municipal entities$716,8030.3%
Individual clients
271reported
HNW clients
119reported
Pension plan clients
5reported
Charitable clients
2reported
Accounts
980reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A•••• P••• R•••Falmouth, MeOct 25, 201932 y1
M••• L••••••• M••••••Falmouth, Me Nov 15, 201927 y1
C•••• J••• M••••Falmouth, MeMar 6, 202311 y1
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
    Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • M••••••• M•••• L••••••• · Managing Member / Presidentcontrol
      since 05/2019 · owns 50% to 75%
    • R•••• A••••• P••• · Chief Executive Officercontrol
      since 05/2019 · owns 50% to 75%
    • M••••• C••••• J••• · Chief Compliance Officer
      since 02/2023 · owns less than 5%
    Related persons
    Schedule D 7.A
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Falmouth, Me · principal300
    Offices
    Schedule D 1.F, the 25 largest
    • Delray Beach, FL1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 993 to 980
      Apr 22, 2025 to Mar 23, 2026
    • HNW clients · 113 to 119
      Apr 22, 2025 to Mar 23, 2026
    • Individual clients · 238 to 271
      Apr 22, 2025 to Mar 23, 2026
    • Employees · 5 to 4
      Apr 22, 2025 to Mar 23, 2026
    • Discretionary RAUM · $212M to $237M
      Apr 22, 2025 to Mar 23, 2026
    • HNW RAUM · $155M to $164M
      Apr 22, 2025 to Mar 23, 2026
    • Individual RAUM · $53.3M to $70.1M
      Apr 22, 2025 to Mar 23, 2026
    • Non-discretionary RAUM · $9.5M to $8.7M
      Apr 22, 2025 to Mar 23, 2026
    • Pension RAUM · $9.5M to $8.7M
      Apr 22, 2025 to Mar 23, 2026
    • RAUM · $221M to $245M
      Apr 22, 2025 to Mar 23, 2026
    • Accounts · 934 to 993
      Nov 13, 2024 to Apr 22, 2025
    • Advisory activities · 2 to 3
      Nov 13, 2024 to Apr 22, 2025
    • Charity clients · 1 to 2
      Nov 13, 2024 to Apr 22, 2025
    • HNW clients · 118 to 113
      Nov 13, 2024 to Apr 22, 2025
    • Individual clients · 374 to 238
      Nov 13, 2024 to Apr 22, 2025
    • Pension plan clients · 4 to 5
      Nov 13, 2024 to Apr 22, 2025
    • Financial planning clients · 26-50 to 26-50
      Nov 13, 2024 to Apr 22, 2025
    • Discretionary RAUM · $201M to $212M
      Nov 13, 2024 to Apr 22, 2025
    • HNW RAUM · $73.2M to $155M
      Nov 13, 2024 to Apr 22, 2025
    • Individual RAUM · $125M to $53.3M
      Nov 13, 2024 to Apr 22, 2025
    • Non-discretionary RAUM · $6.7M to $9.5M
      Nov 13, 2024 to Apr 22, 2025
    • Pension RAUM · $6.7M to $9.5M
      Nov 13, 2024 to Apr 22, 2025
    • RAUM · $208M to $221M
      Nov 13, 2024 to Apr 22, 2025
    • Related adviser · true to false
      Nov 13, 2024 to Apr 22, 2025
    • Related broker-dealer · true to false
      Nov 13, 2024 to Apr 22, 2025
    • Accounts · 872 to 934
      Oct 26, 2023 to Mar 25, 2024
    • BD registered reps · 4 to 3
      Oct 26, 2023 to Mar 25, 2024
    • Corporate clients · 3 to 4
      Oct 26, 2023 to Mar 25, 2024
    • HNW clients · 90 to 118
      Oct 26, 2023 to Mar 25, 2024
    • Individual clients · 257 to 374
      Oct 26, 2023 to Mar 25, 2024
    • Pension plan clients · unset to 4.0
      Oct 26, 2023 to Mar 25, 2024
    • Employees · 6 to 5
      Oct 26, 2023 to Mar 25, 2024
    • Insurance-licensed employees · 4 to 0
      Oct 26, 2023 to Mar 25, 2024
    • Discretionary RAUM · $172M to $201M
      Oct 26, 2023 to Mar 25, 2024
    • HNW RAUM · $116M to $73.2M
      Oct 26, 2023 to Mar 25, 2024
    • Individual RAUM · $54.8M to $125M
      Oct 26, 2023 to Mar 25, 2024
    • Non-discretionary RAUM · $0 to $6.7M
      Oct 26, 2023 to Mar 25, 2024
    • Pension RAUM · unset to 6741367.0
      Oct 26, 2023 to Mar 25, 2024
    • RAUM · $172M to $208M
      Oct 26, 2023 to Mar 25, 2024
    • HQ city · DELRAY BEACH to FALMOUTH
      Mar 23, 2023 to Jul 21, 2023
    Signals
    2 dated events
    • 2 advisors left N••• F•••••••• G••••• I••• (Falmouth, ME) for R• F•••••••• S•••••••• L•• within 6 days
      Oct 20, 2023 · Team lift-out · derived
    • R• F•••••••• S•••••••• L•• filed its initial SEC registration (Form ADV)
      Feb 5, 2021 · 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
    Business phone
    207-781-7637reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    207-781-7639reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    877-781-7637reportedpublished by the firm, firm site, Sep 17, 2026
    Website
    r••••••.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (207) 781-7637reportedpublic record, Form ADV, Mar 23, 2026
    Contact form
    r••••••.comreportedpublished by the firm, firm site, Sep 17, 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
    $81.8Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026