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
Cove Private Wealth, LLC
Latest filing Feb 25, 2026
First filing on the tape Oct 25, 2021 · 11 filings
SEC status approved since Nov 24, 2021
RAUM
$455M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$446M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$91.1M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$455M as of Feb 25, 2026
Jan 24, 2022$0 then
HNW client RAUM$446M as of Feb 25, 2026
Feb 3, 2023$129M then
State-registered IARs (5.B.3)2 as of Feb 25, 2026
Jan 24, 20221 then
Employees (5.A)2 as of Feb 25, 2026
Jan 24, 20221 then
Private funds: no history
RAUM +69% over the last fiscal year+50% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 25, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- RAUM per advisor
- $91.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.9MderivedHNW RAUM over HNW clients
- Average account
- $4.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 2.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.4derivedItem 5.A over advisors
- Advisors per office
- 2.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +69%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
- Custody
- $2.3M, 1 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)
- compensates non-employees for client referrals (8.G.2)
- 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$446M98%
- Charitable organizations$5.5M1.2%
- Pension and profit-sharing plans$3.7M0.8%
- Corporations and businesses$101,6350.0%
- Individual clients
- n/areported
- HNW clients
- 92reported
- Pension plan clients
- 1reported
- Charitable clients
- 1reported
- Accounts
- 95reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $2.3M for 1 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Joseph Carmelo Capezza | Oyster Bay, Ny | Jan 3, 2022 | 18 y | 0 |
| Jeffrey John Whalen | Stony Brook, Ny | Oct 7, 2024 | 16 y | 1 |
| Peter John BurklyChartered Financial Analyst | Hampton, Nh | Mar 2, 2026 | 32 y | 0 |
| Santo S Vicenzino | Oyster Bay, Ny | Jul 18, 2026 | 18 y | 2 |
| Lori B Jackson | Oyster Bay, Ny | Aug 17, 2026 | 32 y | 2 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days2 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Lori B Jackson from Deutsche Bank Securities Inc.Aug 17, 2026 · RIA to RIA
- Santo S Vicenzino from Deutsche Bank Securities Inc.Jul 18, 2026 · RIA to RIA
- Jeffrey John Whalen from Deutsche Bank Securities Inc.Oct 7, 2024 · RIA to RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from Deutsche Bank Securities Inc.Dec 18, 2023 · East Rockaway, Ny
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Carmelo Joseph Capezza · Chief Compliance Officercontrolsince 02/2021 · owns less than 5%
- Carmelo Joseph Capezza · Ownercontrolsince 01/2022 · owns 75% or more of Jcpw, LLC
Entity owners
- Jcpw, LLC · Holding Companydirect · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Oyster Bay, Ny · principal | 5 | 3 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Feb 25, 2026RAUM (Item 5.F) moved from $269,895,864 to $455,483,465 (+69.0%) between the annual amendments of 2025-01-14 and 2026-02-25; the peer median change was +15.0% (4551 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 57 to 95Dec 17, 2025 to Feb 25, 2026
- Charity clients · unset to 1.0Dec 17, 2025 to Feb 25, 2026
- Corporate clients · unset to 1.0Dec 17, 2025 to Feb 25, 2026
- HNW clients · 55 to 92Dec 17, 2025 to Feb 25, 2026
- Pension plan clients · unset to 1.0Dec 17, 2025 to Feb 25, 2026
- Assets in custody · $35.9M to $2.3MDec 17, 2025 to Feb 25, 2026
- Discretionary RAUM · $270M to $455MDec 17, 2025 to Feb 25, 2026
- HNW RAUM · $262M to $446MDec 17, 2025 to Feb 25, 2026
- Pension RAUM · $3.3M to $3.7MDec 17, 2025 to Feb 25, 2026
- RAUM · $270M to $455MDec 17, 2025 to Feb 25, 2026
- Accounts · 43 to 57May 7, 2024 to Jan 14, 2025
- Advisory employees · 1 to 2May 7, 2024 to Jan 14, 2025
- HNW clients · 18 to 55May 7, 2024 to Jan 14, 2025
- Assets in custody · $42.7M to $35.9MMay 7, 2024 to Jan 14, 2025
- Employees · 1 to 2May 7, 2024 to Jan 14, 2025
- Financial planning clients · 0 to 0May 7, 2024 to Jan 14, 2025
- State-registered IARs · 1 to 2May 7, 2024 to Jan 14, 2025
- Other offices · 0 to 1May 7, 2024 to Jan 14, 2025
- Discretionary RAUM · $200M to $270MMay 7, 2024 to Jan 14, 2025
- HNW RAUM · $193M to $262MMay 7, 2024 to Jan 14, 2025
- Pension RAUM · $3.1M to $3.3MMay 7, 2024 to Jan 14, 2025
- RAUM · $200M to $270MMay 7, 2024 to Jan 14, 2025
- Accounts · 28 to 43Feb 3, 2023 to Feb 1, 2024
- HNW clients · 17 to 18Feb 3, 2023 to Feb 1, 2024
- Assets in custody · $35.7M to $42.7MFeb 3, 2023 to Feb 1, 2024
- HQ city · SYOSSET to OYSTER BAYFeb 3, 2023 to Feb 1, 2024
- Discretionary RAUM · $130M to $200MFeb 3, 2023 to Feb 1, 2024
- HNW RAUM · $129M to $193MFeb 3, 2023 to Feb 1, 2024
- Non-discretionary RAUM · $5.5M to $0Feb 3, 2023 to Feb 1, 2024
- Pension RAUM · $2.9M to $3.1MFeb 3, 2023 to Feb 1, 2024
- RAUM · $135M to $200MFeb 3, 2023 to Feb 1, 2024
- Accounts · 11 to 28Feb 22, 2022 to Feb 3, 2023
- Advisory activities · 3 to 4Feb 22, 2022 to Feb 3, 2023
- HNW clients · 11 to 17Feb 22, 2022 to Feb 3, 2023
- Assets in custody · $32.1M to $35.7MFeb 22, 2022 to Feb 3, 2023
- Discretionary RAUM · $109M to $130MFeb 22, 2022 to Feb 3, 2023
- HNW RAUM · $109M to $129MFeb 22, 2022 to Feb 3, 2023
- Non-discretionary RAUM · $0 to $5.5MFeb 22, 2022 to Feb 3, 2023
- Pension RAUM · unset to 2871942.0Feb 22, 2022 to Feb 3, 2023
- RAUM · $109M to $135MFeb 22, 2022 to Feb 3, 2023
Signals
5 dated events
- Cove Private Wealth, Llc reported RAUM $455.5M, up 69% from $269.9M (2025-12-17 to 2026-02-25)Feb 25, 2026 · RAUM change · derived
- 3 advisors left Deutsche Bank Securities Inc. (East Rockaway, NY) for Cove Private Wealth, LLC a day apartDec 18, 2023 · Team lift-out · derived
- William Andrew Hamelin (Chief Compliance Officer) no longer on Schedule A of Cove Private Wealth, Llc (listed 2021-10-25, absent 2021-12-07)Dec 7, 2021 · Control person left · inference
- Joseph Capezza (Managing Member & Chief Compliance Officer) appeared on Schedule A of Cove Private Wealth, LlcDec 7, 2021 · Control person joined · fact
- Cove Private Wealth, Llc filed its initial SEC registration (Form ADV)Oct 25, 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
- Firm profile
- linkedin.com/company/cove-private-wealth-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- COVEPRIVATEWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 516-588-1123reportedpublic record, Form ADV, Feb 25, 2026
- Contact form
- coveprivatewealth.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
- $91.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026