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.

SEC-registered adviser

Pallas Capital Advisors, LLC

Independent wealth managerBraintree, MassachusettsCRD 310327SEC 801-119646websiteIAPD
Latest filing Jul 24, 2026
First filing on the tape Sep 16, 2020 · 40 filings
SEC status approved since Nov 12, 2020
RAUM
$4.3B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
100%
$4.3B individuals and HNW
Advisors
28
registered through the firm on IAPD
RAUM per advisor
$154M
derived; firm RAUM over IAPD count
Employees
28
23 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$4.3B as of Jul 24, 2026
Mar 11, 2021$720M then
HNW client RAUM$3.6B as of Jul 24, 2026
Mar 11, 2021$709M then
State-registered IARs (5.B.3)23 as of Jul 24, 2026
Mar 11, 20219 then
Employees (5.A)28 as of Jul 24, 2026
Mar 11, 202112 then
Private funds: no history
RAUM +35% over the last fiscal year+41% a year over threeIARs 25 to 23offices 4 to 5
Practice profile
derived from the filing of Jul 24, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$154MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
44derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.7MderivedHNW RAUM over HNW clients
Average account
$1.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.7derived6 offices incl. principal (1.F.5)
RAUM growth, one year
+35%derivedbetween the last two annual amendments
Advisor growth, one year
-8.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.2%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 consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$4.3BreportedItem 5.I
Custody
$1.3B, 721 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)
  • compensates persons for client referrals (8.G.1)
  • 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$3.6B85%
  • Individuals$648M15%
  • Corporations and businesses$14.4M0.3%
  • Charitable organizations$2.7M0.1%
  • Pension and profit-sharing plans$2.3M0.1%
Individual clients
747reported
HNW clients
474reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4,210reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$1.3B for 721 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=8.0derived
Advisors registered through the firm
28 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Richard Sholes MullenBraintree, MaNov 16, 202032 y4
Charles Costa EvangelakosBraintree, MaNov 16, 202033 y2
James Christopher LandryChartered Financial ConsultantBraintree, MaNov 16, 202028 y2
Camden Link NewtonBraintree, MaNov 18, 202020 y1
Gregory Edward BoyleBraintree, MaNov 18, 202020 y5
Jack Andrew MccrokenCertified Financial PlannerBraintree, MaNov 18, 202014 y3
Ali Danielle LaflammeBraintree, MaMay 14, 202119 y4
Joseph Arthur CullenCertified Financial PlannerBraintree, MaMay 14, 202126 y1
Ryner Lee GorowskyCertified Financial PlannerBraintree, MaMay 14, 202116 y1
Shannon Nicole SmithCertified Financial PlannerBraintree, MaMay 25, 202119 y1
Eric James LalimeCertified Financial PlannerPark Ridge, Nj Jun 21, 202119 y2
Athol David CochraneBraintree, Ma Jul 22, 202137 y1
Stephen Eric KylanderWarren, Vt Oct 14, 202120 y0
Jason Richard HughesBraintree, MaMay 4, 202214 y0
Adam Alexander AvilaCertified Financial PlannerNewport, Ri Jun 10, 202213 y2
Garret Mark QuillenBraintree, Ma Mar 8, 202316 y1
Andrew Paul KroutBraintree, MaSep 25, 202313 y3
Alex KozlowskiChartered Financial AnalystBraintree, MaNov 3, 202313 y0
Melissa Sue AlaimoPark Ridge, Nj Feb 22, 202410 y0
Praveena R NaduthotaWestford, Ma Feb 27, 202423 y0
Jackson Darcy RobertsBraintree, MaMar 6, 202411 y0
Peter James GillisOak Bluffs, Ma Jul 12, 202428 y0
Michael Stephen VazzaChartered Financial AnalystBraintree, MaSep 24, 202411 y2
Christopher Robert AdamBraintree, Ma Jan 1, 202613 y0
Todd VandamBraintree, MaMar 4, 202631 y0
Jessica Michelle FrigonBraintree, MaMar 6, 202611 y0
Anthony Paul CaputoBraintree, Ma Aug 19, 202610 y0
Emily L. RichardChartered Financial AnalystBraintree, MaSep 9, 202611 y1
Advisor movement
3 left, 1 joined in 12 months
net -2 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 11% of current headcount5 left over 36 months
Left, latest
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
  • Edward Gregory Boyle · Founding Partner & Chief Growth Officer Director Of Planning / Chief Compliance Officercontrol
    since 10/2020 · owns less than 5%
  • Costa Charles Evangelakos · Co-Foundercontrol
    since 10/2020 · owns less than 5%
  • Christopher James Landry · President / Chief Operating Officer / Director Of Planning / Chief Compliance Officercontrol
    since 10/2020 · owns less than 5%
  • Gaurav Mallik · Chief Investment Officercontrol
    since 06/2024 · owns less than 5%
  • Andrew Jack Mccroken · Chief Technology Officer & Vice President Of Operationscontrol
    since 07/2024 · owns less than 5%
  • Sholes Richard Mullen · Founding Partner & Chief Executive Officercontrol
    since 10/2020 · owns less than 5%
  • Edward Gregory Boyle · Managing Membercontrol
    since 06/2021 · owns 25% to 50% of Mbe, LLC
  • Costa Charles Evangelakos · Managing Membercontrol
    since 06/2021 · owns 25% to 50% of Mbe, LLC
  • Sholes Richard Mullen · Managing Membercontrol
    since 06/2021 · owns 25% to 50% of Mbe, LLC
Entity owners
  • Mbe, LLC · Managing Member
    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
Braintree, Ma · principal28521
Newport, Ri310
Park Ridge, Nj310
Johnston, Ri001
Portsmouth, Nh000
Offices
Schedule D 1.F, the 25 largest
  • Newport, RI4 employees
  • Wakefield, MA4 employees
  • Park Ridge, NJ2 employees
  • Portsmouth, NH1 employees
  • , 1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Jul 24, 2026
    MCCROKEN, JACK, ANDREW (CHIEF TECHNOLOGY OFFICER & VICE PRESIDENT OF OPERATIONS) appeared on Schedule A between the filings of 2024-06-26 and 2026-07-24
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Jul 24, 2026
    EVANGELAKOS, CHARLES, COSTA (MANAGING MEMBER) left Schedule A between the filings of 2024-06-26 and 2026-07-24
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Jul 24, 2026
    LANDRY, JAMES, CHRISTOPHER (PRESIDENT / CHIEF OPERATING OFFICER / DIRECTOR OF PLANNING / CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-06-26 and 2026-07-24
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Jul 24, 2026
    MALLIK, GAURAV (CHIEF INVESTMENT OFFICER) left Schedule A between the filings of 2024-06-26 and 2026-07-24
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 3,780 to 4,210
    Sep 8, 2025 to Feb 25, 2026
  • Advisory employees · 25 to 23
    Sep 8, 2025 to Feb 25, 2026
  • Advisory activities · 4 to 5
    Sep 8, 2025 to Feb 25, 2026
  • BD registered reps · 17 to 8
    Sep 8, 2025 to Feb 25, 2026
  • HNW clients · 469 to 474
    Sep 8, 2025 to Feb 25, 2026
  • Individual clients · 649 to 747
    Sep 8, 2025 to Feb 25, 2026
  • Assets in custody · $1.3B to $1.3B
    Sep 8, 2025 to Feb 25, 2026
  • Employees · 31 to 28
    Sep 8, 2025 to Feb 25, 2026
  • Financial planning clients · 26-50 to 0
    Sep 8, 2025 to Feb 25, 2026
  • State-registered IARs · 25 to 23
    Sep 8, 2025 to Feb 25, 2026
  • Other offices · 4 to 5
    Sep 8, 2025 to Feb 25, 2026
  • Discretionary RAUM · $3.2B to $4.3B
    Sep 8, 2025 to Feb 25, 2026
  • HNW RAUM · $2.9B to $3.6B
    Sep 8, 2025 to Feb 25, 2026
  • Individual RAUM · $286M to $648M
    Sep 8, 2025 to Feb 25, 2026
  • Non-discretionary RAUM · $5.6M to $36.3M
    Sep 8, 2025 to Feb 25, 2026
  • Pension RAUM · $2.6M to $2.3M
    Sep 8, 2025 to Feb 25, 2026
  • RAUM · $3.2B to $4.3B
    Sep 8, 2025 to Feb 25, 2026
  • Financial planning clients · 26-50 to 26-50
    Mar 20, 2025 to Jun 18, 2025
  • Accounts · 3,566 to 3,780
    Jun 26, 2024 to Mar 20, 2025
  • Advisory employees · 24 to 25
    Jun 26, 2024 to Mar 20, 2025
  • HNW clients · 503 to 469
    Jun 26, 2024 to Mar 20, 2025
  • Individual clients · 588 to 649
    Jun 26, 2024 to Mar 20, 2025
  • Pension plan clients · 16.0 to unset
    Jun 26, 2024 to Mar 20, 2025
  • Assets in custody · $122M to $1.3B
    Jun 26, 2024 to Mar 20, 2025
  • Employees · 30 to 31
    Jun 26, 2024 to Mar 20, 2025
  • State-registered IARs · 24 to 25
    Jun 26, 2024 to Mar 20, 2025
  • Other offices · 6 to 4
    Jun 26, 2024 to Mar 20, 2025
  • Discretionary RAUM · $3.0B to $3.2B
    Jun 26, 2024 to Mar 20, 2025
  • HNW RAUM · $2.7B to $2.9B
    Jun 26, 2024 to Mar 20, 2025
  • Individual RAUM · $174M to $286M
    Jun 26, 2024 to Mar 20, 2025
  • Non-discretionary RAUM · $0 to $5.6M
    Jun 26, 2024 to Mar 20, 2025
  • Pension RAUM · $66.4M to $2.6M
    Jun 26, 2024 to Mar 20, 2025
  • RAUM · $3.0B to $3.2B
    Jun 26, 2024 to Mar 20, 2025
  • Other offices · 5 to 6
    Mar 7, 2024 to Mar 22, 2024
  • Accounts · 3,686 to 3,566
    Nov 2, 2023 to Feb 29, 2024
  • Advisory employees · 20 to 24
    Nov 2, 2023 to Feb 29, 2024
  • BD registered reps · 15 to 17
    Nov 2, 2023 to Feb 29, 2024
  • Charity clients · 2.0 to unset
    Nov 2, 2023 to Feb 29, 2024
  • Corporate clients · 1.0 to unset
    Nov 2, 2023 to Feb 29, 2024
  • HNW clients · 447 to 503
    Nov 2, 2023 to Feb 29, 2024
Signals
27 dated events
  • Pallas Capital Advisors, Llc reported RAUM $4.3B, up 35% from $3.2B (2025-09-08 to 2026-02-25)
    Feb 25, 2026 · RAUM change · derived
  • Kristen Lee Nunes left Pallas Capital Advisors, Llc for New Edge Wealth (registered 2026-01-06)
    Dec 31, 2025 · Advisor changed firm · fact
  • Michael Joseph Mccarthy left Pallas Capital Advisors, Llc for New Edge Wealth (registered 2026-01-06)
    Dec 31, 2025 · Advisor changed firm · fact
  • Damien Thomas Depeter left Pallas Capital Advisors, Llc for New Edge Wealth (registered 2026-01-06)
    Dec 31, 2025 · Advisor changed firm · fact
  • 2 advisors left Pallas Capital Advisors, LLC (Braintree, MA) for New Edge Wealth on the same day
    Dec 31, 2025 · Team lift-out · derived
  • Christopher Bradley Ayer left Pallas Capital Advisors, Llc for New Edge Wealth (registered 2024-11-26)
    Nov 6, 2024 · Advisor changed firm · fact
  • Allan Mark Bogar (Chief Investment Officer) no longer on Schedule A of Pallas Capital Advisors, Llc (listed 2024-03-22, absent 2024-06-26)
    Jun 26, 2024 · Control person left · inference
  • Gaurav Mallik (Chief Investment Officer) appeared on Schedule A of Pallas Capital Advisors, Llc
    Jun 26, 2024 · Control person joined · fact
  • Mark Allan Bogar left Pallas Capital Advisors, Llc for Elyxium Wealth Llc (registered 2025-04-04)
    Jun 10, 2024 · Advisor changed firm · fact
  • Pallas Capital Advisors, Llc reported RAUM $3.0B, up 29% from $2.3B (2023-11-02 to 2024-02-29)
    Feb 29, 2024 · RAUM change · derived
  • Pallas Capital Advisors, Llc reported RAUM $2.3B, up 49% from $1.5B (2023-03-09 to 2023-11-02)
    Nov 2, 2023 · RAUM change · derived
  • 2 advisors left Mayflower Advisors (Boston, MA) for Pallas Capital Advisors, LLC on the same day
    Jun 30, 2023 · Team lift-out · derived
  • Robert J Dipadua left Pallas Capital Advisors, Llc for Planmember Securities Corporation (registered 2023-08-23)
    May 31, 2023 · Advisor changed firm · fact
  • John Peter Routhier left Pallas Capital Advisors, Llc for Connectus Wealth (registered 2023-09-27)
    Oct 18, 2022 · Advisor changed firm · fact
  • Mary Frances Mulcahy left Pallas Capital Advisors, Llc for Blackrock Investment Management, Llc (registered 2022-08-03)
    May 13, 2022 · Advisor changed firm · fact
  • Dillon Christen Fitzgerald (Director Of Marketing And Business Development) no longer on Schedule A of Pallas Capital Advisors, Llc (listed 2022-02-22, absent 2022-03-01)
    Mar 1, 2022 · Control person left · inference
  • Allan Mark Bogar (Chief Investment Officer) appeared on Schedule A of Pallas Capital Advisors, Llc
    Mar 1, 2022 · Control person joined · fact
  • Pallas Capital Advisors, Llc reported RAUM $1.6B, up 116% from $720.1M (2021-11-10 to 2022-02-22)
    Feb 22, 2022 · RAUM change · derived
  • Carolann Doherty Brown left Pallas Capital Advisors, Llc for Fox Hill Wealth Management (registered 2026-01-01)
    Jan 4, 2022 · Advisor changed firm · fact
  • Dillon Christen Fitzgerald (Director Of Marketing And Business Development) appeared on Schedule A of Pallas Capital Advisors, Llc
    Nov 1, 2021 · Control person joined · fact
  • Pallas Capital Advisors, Llc reported 11 state-registered advisory representatives, up from 1 (2020-10-08 to 2020-11-02)
    Nov 2, 2020 · Advisor headcount change · derived
  • Edward Christopher Winn (Managing Member And Chief Compliance Officer) no longer on Schedule A of Pallas Capital Advisors, Llc (listed 2020-10-08, absent 2020-11-02)
    Nov 2, 2020 · Control person left · inference
  • Costa Charles Evangelakos (Managing Member / Managing Director & Co-Founder) appeared on Schedule A of Pallas Capital Advisors, Llc
    Nov 2, 2020 · Control person joined · fact
  • Sholes Richard Mullen (Managing Member/ Managing Director & Co-Founder) appeared on Schedule A of Pallas Capital Advisors, Llc
    Nov 2, 2020 · Control person joined · fact
  • Edward Gregory Boyle (Managing Member / Managing Director & Co-Founder) appeared on Schedule A of Pallas Capital Advisors, Llc
    Nov 2, 2020 · Control person joined · fact
  • Christopher James Landry (Chief Operating Officer / Director Of Planning / Chief Compliance Officer) appeared on Schedule A of Pallas Capital Advisors, Llc
    Nov 2, 2020 · Control person joined · fact
  • Pallas Capital Advisors, Llc filed its initial SEC registration (Form ADV)
    Sep 16, 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 email
christie@pallascapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
pallas@pallascapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
401-847-0505reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
551-277-2686reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
781-587-3478reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/pallas-capital-advisorsreportedpublic record, Form ADV, Sep 17, 2026
Website
pallascapitaladvisors.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(781) 971-5052reportedpublic record, Form ADV, Jul 24, 2026
Contact form
pallascapitaladvisors.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
pallascapitaladvisors.com/teamreportedpublished by the firm, firm site, Sep 15, 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
$154Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026