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

A•• F•••••••• S•••••••

Independent wealth managerHingham, MassachusettsCRD 309943SEC 801-119539websiteIAPD
Legal name A•• F•••••••• S••••••• L•••••• P•••••••••
Latest filing Mar 5, 2026
First filing on the tape Aug 27, 2020 · 14 filings
SEC status approved since Sep 25, 2020
RAUM
$166M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$164M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$55.4M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$166M as of Mar 5, 2026
Mar 31, 2021$186M then
HNW client RAUM$117M as of Mar 5, 2026
Mar 31, 2021$70.0M then
State-registered IARs (5.B.3)3 as of Mar 5, 2026
Mar 31, 20214 then
Employees (5.A)3 as of Mar 5, 2026
Mar 31, 20214 then
Private funds: no history
RAUM -27% over the last fiscal year-1.7% a year over threeIARs 4 to 3
Practice profile
derived from the filing of Mar 5, 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
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$55.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
53derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.0MderivedHNW RAUM over HNW clients
Average account
$514,725derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-27%derivedbetween the last two annual amendments
Advisor growth, one year
-25%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.5%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Wrap fee program
$166MreportedItem 5.I
Custody
$28.4M, 31 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$117M70%
  • Individuals$46.5M28%
  • Corporations and businesses$1.8M1.1%
  • Pension and profit-sharing plans$945,3840.6%
Individual clients
46reported
HNW clients
113reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
323reported
Financial planning clients
51-100reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$28.4M for 31 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.01 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
J••••• W•••••• M•••••••Certified Financial PlannerHingham, MaDec 15, 202044 y3
B•••• M•••••• K•••••Hingham, MaJan 4, 202139 y4
S•••• A•••• S•••••Hingham, MaJun 29, 202131 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
    • K•••••• B••••• M•••••• · Partner/Principal / Chief Compliance Officercontrol
      since 08/2020 · owns less than 5%
    • K•••••• B••••• M•••••• · Managing Partnercontrol
      since 06/2020 · owns 75% or more of A•• G• L••
    Entity owners
    • A•• G• L•• · General Partner
      direct · 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
    Hingham, Ma · principal300
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • RAUM down 25 %Change between filings · filing Mar 5, 2026
      RAUM (Item 5.F) moved from $229,162,602 to $166,256,181 (-27.0%) between the annual amendments of 2025-02-13 and 2026-03-05; the peer median change was +15.0% (4550 comparable advisers, 1.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (4,550) · 1.5% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 442 to 323
      Feb 13, 2025 to Mar 5, 2026
    • Advisory employees · 4 to 3
      Feb 13, 2025 to Mar 5, 2026
    • Corporate clients · 5.0 to unset
      Feb 13, 2025 to Mar 5, 2026
    • HNW clients · 67 to 113
      Feb 13, 2025 to Mar 5, 2026
    • Individual clients · 96 to 46
      Feb 13, 2025 to Mar 5, 2026
    • Assets in custody · $40.7M to $28.4M
      Feb 13, 2025 to Mar 5, 2026
    • Employees · 4 to 3
      Feb 13, 2025 to Mar 5, 2026
    • State-registered IARs · 4 to 3
      Feb 13, 2025 to Mar 5, 2026
    • Discretionary RAUM · $228M to $166M
      Feb 13, 2025 to Mar 5, 2026
    • HNW RAUM · $154M to $117M
      Feb 13, 2025 to Mar 5, 2026
    • Individual RAUM · $64.0M to $46.5M
      Feb 13, 2025 to Mar 5, 2026
    • Non-discretionary RAUM · $1.3M to $0
      Feb 13, 2025 to Mar 5, 2026
    • Pension RAUM · $4.9M to $945,384
      Feb 13, 2025 to Mar 5, 2026
    • RAUM · $229M to $166M
      Feb 13, 2025 to Mar 5, 2026
    • Accounts · 414 to 442
      Feb 23, 2024 to Feb 13, 2025
    • HNW clients · 120 to 67
      Feb 23, 2024 to Feb 13, 2025
    • Individual clients · 45 to 96
      Feb 23, 2024 to Feb 13, 2025
    • Assets in custody · $131M to $40.7M
      Feb 23, 2024 to Feb 13, 2025
    • Financial planning clients · 101-250 to 51-100
      Feb 23, 2024 to Feb 13, 2025
    • Discretionary RAUM · $212M to $228M
      Feb 23, 2024 to Feb 13, 2025
    • HNW RAUM · $111M to $154M
      Feb 23, 2024 to Feb 13, 2025
    • Individual RAUM · $93.4M to $64.0M
      Feb 23, 2024 to Feb 13, 2025
    • Non-discretionary RAUM · $1.7M to $1.3M
      Feb 23, 2024 to Feb 13, 2025
    • Pension RAUM · $2.2M to $4.9M
      Feb 23, 2024 to Feb 13, 2025
    • RAUM · $213M to $229M
      Feb 23, 2024 to Feb 13, 2025
    • Accounts · 392 to 414
      Mar 23, 2023 to Feb 23, 2024
    • Corporate clients · unset to 5.0
      Mar 23, 2023 to Feb 23, 2024
    • HNW clients · 58 to 120
      Mar 23, 2023 to Feb 23, 2024
    • Individual clients · 79 to 45
      Mar 23, 2023 to Feb 23, 2024
    • Assets in custody · $110M to $131M
      Mar 23, 2023 to Feb 23, 2024
    • Other offices · 1 to 0
      Mar 23, 2023 to Feb 23, 2024
    • Discretionary RAUM · $164M to $212M
      Mar 23, 2023 to Feb 23, 2024
    • HNW RAUM · $142M to $111M
      Mar 23, 2023 to Feb 23, 2024
    • Individual RAUM · $27.0M to $93.4M
      Mar 23, 2023 to Feb 23, 2024
    • Non-discretionary RAUM · $11.0M to $1.7M
      Mar 23, 2023 to Feb 23, 2024
    • Pension RAUM · $3.0M to $2.2M
      Mar 23, 2023 to Feb 23, 2024
    • RAUM · $175M to $213M
      Mar 23, 2023 to Feb 23, 2024
    • Other offices · 0 to 1
      Feb 24, 2023 to Mar 23, 2023
    • Accounts · 380 to 392
      Feb 9, 2022 to Feb 24, 2023
    • Corporate clients · 5.0 to unset
      Feb 9, 2022 to Feb 24, 2023
    Signals
    1 dated events
    • A•• F•••••••• S••••••• filed its initial SEC registration (Form ADV)
      Aug 27, 2020 · 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
    781-741-2540reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    781-741-2541reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    877-741-2540reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    a•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (781) 741-2540reportedpublic record, Form ADV, Mar 5, 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
    $55.4Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026