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.

Former SEC-registered adviser

Ethic Wealth Advisors LLC

Former SEC-registered adviserBoston, MassachusettsCRD 305868SEC 801-117794IAPD
Latest filing Sep 9, 2020
First filing on the tape Nov 14, 2019 · 12 filings
RAUM
$0
reported, Item 5.F
Discretionary
n/a
of RAUM
Private clients
n/a
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
19
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$0 as of Sep 9, 2020
Nov 14, 2019$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)6 as of Sep 9, 2020
Nov 14, 20190 then
Employees (5.A)19 as of Sep 9, 2020
Nov 14, 20194 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Sep 9, 2020; every figure names its basis
RAUM per advisor
$0derivedRAUM 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
unknownderivedRAUM over accounts (5.F.2.f)
Discretionary
unknownderivedof RAUM
Institutional
unknownderivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.2derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 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, 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
  • 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
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
0reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • S Matthew Morse · Chief Investment Officercontrol
    since 01/2020 · owns less than 5%
  • J Dimitri Nionakis · Chief Operating Officer And Chief Compliance Officercontrol
    since 11/2019 · owns less than 5%
  • Greg Oconnell · Directorcontrol
    since 03/2020 · owns less than 5%
  • Peter Joseph Sullivan · Directorcontrol
    since 12/2019 · owns less than 5%
  • Kline Laura Tayloe · Directorcontrol
    since 12/2019 · owns less than 5%
  • Anthony Charles Toye · Svp, Strategy And Corporate Developmentcontrol
    since 11/2019 · owns less than 5%
  • Anthony Marc White · Presidentcontrol
    since 11/2019 · owns less than 5%
Entity owners
  • Ethic · Managing Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • Ethic Bank
    y
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory employees · 2 to 6
    Mar 23, 2020 to Apr 27, 2020
  • BD registered reps · 2 to 0
    Mar 23, 2020 to Apr 27, 2020
  • Assets in custody · 0.0 to unset
    Mar 23, 2020 to Apr 27, 2020
  • Custody of client assets · true to false
    Mar 23, 2020 to Apr 27, 2020
  • Employees · 4 to 19
    Mar 23, 2020 to Apr 27, 2020
  • State-registered IARs · 0 to 6
    Mar 23, 2020 to Apr 27, 2020
Signals
5 dated events
  • Greg Oconnell (Director) appeared on Schedule A of Ethic Wealth Advisors Llc
    Jul 15, 2020 · Control person joined · fact
  • Peter Joseph Sullivan (Director) appeared on Schedule A of Ethic Wealth Advisors Llc
    Jul 15, 2020 · Control person joined · fact
  • Kline Laura Tayloe (Director) appeared on Schedule A of Ethic Wealth Advisors Llc
    Jul 15, 2020 · Control person joined · fact
  • S Matthew Morse (Chief Investment Officer) appeared on Schedule A of Ethic Wealth Advisors Llc
    Jul 15, 2020 · Control person joined · fact
  • Ethic Wealth Advisors Llc filed its initial SEC registration (Form ADV)
    Nov 14, 2019 · 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.
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
Former SEC-registered adviserderiveda 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