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

W••••• E••••••

Independent wealth managerBoston, MassachusettsCRD 315244SEC 801-121699websiteIAPD
Legal name W••••• E•••••• L••
Latest filing Feb 13, 2026
First filing on the tape Jun 7, 2021 · 16 filings
SEC status approved since Jul 7, 2021
RAUM
$472M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$469M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$59.0M
derived; firm RAUM over IAPD count
Employees
17
9 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$472M as of Feb 13, 2026
Mar 18, 2022$330M then
HNW client RAUM$150M as of Feb 13, 2026
Mar 18, 2022$200M then
State-registered IARs (5.B.3)9 as of Feb 13, 2026
Mar 18, 20224 then
Employees (5.A)17 as of Feb 13, 2026
Mar 18, 202210 then
Private funds: no history
RAUM +16% over the last fiscal year+16% a year over threeIARs 7 to 9offices 6 to 10
Practice profile
derived from the filing of Feb 13, 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
RAUM per advisor
$59.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
75derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$477,733derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.1derivedItem 5.A over advisors
Advisors per office
0.7derived11 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+29%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.5%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Custody
$35.0M, 75 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
  • Individuals$319M68%
  • High-net-worth individuals$150M32%
  • Charitable organizations$2.0M0.4%
  • Pension and profit-sharing plans$1.0M0.2%
Individual clients
496reported
HNW clients
100reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
988reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$35.0M for 75 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
Advisor movement
0 left, 1 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • L••••••• W••••••• A•••••• · Chief Executive Officer And Chief Compliance Officercontrol
    since 05/2021 · 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
Boston, Ma · principal811
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Feb 13, 2026
    pension consulting (Item 5.G.6): no on the filing of 2025-04-04, yes on the filing of 2026-02-13
    peers: independent wealth managers, $100M to $500M (5,676)
  • office count surgeChange between filings · filing Feb 13, 2026
    offices other than the principal office (Item 1.F.5) moved from 6.0 to 10.0 (+67.0%) between the annual amendments of 2025-04-04 and 2026-02-13; the peer median change was 0.0% (450 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (450) · 97% percentile
What changed
consecutive filings, newest first
  • Accounts · 969 to 988
    Apr 4, 2025 to Feb 13, 2026
  • Advisory activities · 2 to 3
    Apr 4, 2025 to Feb 13, 2026
  • Charity clients · unset to 6.0
    Apr 4, 2025 to Feb 13, 2026
  • HNW clients · 30 to 100
    Apr 4, 2025 to Feb 13, 2026
  • Individual clients · 569 to 496
    Apr 4, 2025 to Feb 13, 2026
  • Employees · 16 to 17
    Apr 4, 2025 to Feb 13, 2026
  • State-registered IARs · 7 to 9
    Apr 4, 2025 to Feb 13, 2026
  • Other offices · 6 to 10
    Apr 4, 2025 to Feb 13, 2026
  • Discretionary RAUM · $406M to $472M
    Apr 4, 2025 to Feb 13, 2026
  • HNW RAUM · $80.2M to $150M
    Apr 4, 2025 to Feb 13, 2026
  • Individual RAUM · $325M to $319M
    Apr 4, 2025 to Feb 13, 2026
  • Pension RAUM · unset to 1000000.0
    Apr 4, 2025 to Feb 13, 2026
  • RAUM · $406M to $472M
    Apr 4, 2025 to Feb 13, 2026
  • Financial planning clients · 101-250 to 101-250
    Jan 29, 2025 to Apr 4, 2025
  • Accounts · 1,008 to 969
    Nov 22, 2024 to Jan 29, 2025
  • Advisory employees · 7 to 9
    Nov 22, 2024 to Jan 29, 2025
  • Individual clients · 571 to 569
    Nov 22, 2024 to Jan 29, 2025
  • Employees · 14 to 16
    Nov 22, 2024 to Jan 29, 2025
  • Other offices · 5 to 6
    Nov 22, 2024 to Jan 29, 2025
  • Discretionary RAUM · $393M to $406M
    Nov 22, 2024 to Jan 29, 2025
  • HNW RAUM · $78.6M to $80.2M
    Nov 22, 2024 to Jan 29, 2025
  • Individual RAUM · $313M to $325M
    Nov 22, 2024 to Jan 29, 2025
  • RAUM · $393M to $406M
    Nov 22, 2024 to Jan 29, 2025
  • Accounts · 914 to 1,008
    Nov 13, 2023 to Jan 31, 2024
  • Advisory employees · 6 to 7
    Nov 13, 2023 to Jan 31, 2024
  • Corporate clients · 1.0 to unset
    Nov 13, 2023 to Jan 31, 2024
  • HNW clients · 25 to 30
    Nov 13, 2023 to Jan 31, 2024
  • Individual clients · 534 to 571
    Nov 13, 2023 to Jan 31, 2024
  • Assets in custody · $10.0M to $35.0M
    Nov 13, 2023 to Jan 31, 2024
  • Employees · 12 to 14
    Nov 13, 2023 to Jan 31, 2024
  • State-registered IARs · 6 to 7
    Nov 13, 2023 to Jan 31, 2024
  • Other offices · 4 to 5
    Nov 13, 2023 to Jan 31, 2024
  • Discretionary RAUM · $300M to $393M
    Nov 13, 2023 to Jan 31, 2024
  • HNW RAUM · $60.0M to $78.6M
    Nov 13, 2023 to Jan 31, 2024
  • Individual RAUM · $240M to $313M
    Nov 13, 2023 to Jan 31, 2024
  • RAUM · $300M to $393M
    Nov 13, 2023 to Jan 31, 2024
  • Other offices · 3 to 4
    Oct 17, 2023 to Nov 13, 2023
  • Accounts · 793 to 914
    Feb 15, 2023 to Feb 23, 2023
  • Advisory employees · 4 to 6
    Feb 15, 2023 to Feb 23, 2023
  • Charity clients · 1.0 to unset
    Feb 15, 2023 to Feb 23, 2023
Signals
2 dated events
  • Richard Paul Roche no longer registered at W••••• E••••••; no later IA registration on IAPD
    May 14, 2026 · Advisor departure · fact
  • W••••• E•••••• filed its initial SEC registration (Form ADV)
    Jun 7, 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 email
info@w-effects.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
617-465-2560reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/wealtheffectsreportedpublic record, Form ADV, Sep 18, 2026
Website
w-effects.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
617-465-2560reportedpublic record, Form ADV, Feb 13, 2026
Contact form
w-effects.com/contactreportedpublished 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
$59.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026