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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Former SEC-registered adviser

P•• W•••••

Former SEC-registered adviserNorth Reading, MassachusettsCRD 316919SEC 801-122713IAPD
Legal name P•• W•••••• L••
Latest filing May 1, 2024
First filing on the tape Oct 18, 2021 · 22 filings
RAUM
$83.5M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$82.6M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
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
22 filings and snapshots on the tape
RAUM$83.5M as of May 1, 2024
Mar 29, 2022$53.6M then
HNW client RAUM$49.1M as of May 1, 2024
Mar 29, 2022$22.7M then
State-registered IARs (5.B.3)2 as of May 1, 2024
Mar 29, 20223 then
Employees (5.A)2 as of May 1, 2024
Mar 29, 20224 then
Private funds: no history
RAUM +35% over the last fiscal yearIARs 3 to 2
Practice profile
derived from the filing of May 1, 2024; every figure names its basis
RAUM per advisor
$41.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
108derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$170,122derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+35%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.9%derived
Compensation
percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Custody
$1.1M, 4 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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$49.1M59%
  • Individuals$33.4M40%
  • Pension and profit-sharing plans$969,2471.2%
Individual clients
186reported
HNW clients
29reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
491reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$1.1M for 4 clientsreported
Compensation
% of AUM, fixed, hourly, commissionsreported
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
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
  • L••••••• M••••••• J••• · Founding Partnercontrol
    since 10/2021 · owns 25% to 50%
  • W•••••• J•••••• M•••••• · Founding Partner/Ccocontrol
    since 10/2021 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Freedom, Nh000
North Reading, Ma · principal000
Portsmouth, Nh000
Offices
Schedule D 1.F, the 25 largest
  • Freedom, NH1 employees
What changed
consecutive filings, newest first
  • Advisory activities · 4 to 3
    Mar 28, 2024 to Apr 22, 2024
  • Accounts · 462 to 491
    Mar 14, 2024 to Mar 28, 2024
  • HNW clients · 18 to 29
    Mar 14, 2024 to Mar 28, 2024
  • Individual clients · 187 to 186
    Mar 14, 2024 to Mar 28, 2024
  • Assets in custody · $1.7M to $1.1M
    Mar 14, 2024 to Mar 28, 2024
  • Discretionary RAUM · $61.7M to $83.5M
    Mar 14, 2024 to Mar 28, 2024
  • HNW RAUM · $26.5M to $49.1M
    Mar 14, 2024 to Mar 28, 2024
  • Individual RAUM · $34.5M to $33.4M
    Mar 14, 2024 to Mar 28, 2024
  • Pension RAUM · $725,282 to $969,247
    Mar 14, 2024 to Mar 28, 2024
  • RAUM · $61.7M to $83.5M
    Mar 14, 2024 to Mar 28, 2024
  • Commission compensation · false to true
    Dec 4, 2023 to Jan 29, 2024
  • Advisory employees · 3 to 2
    Oct 16, 2023 to Dec 1, 2023
  • Employees · 4 to 2
    Oct 16, 2023 to Dec 1, 2023
  • State-registered IARs · 3 to 2
    Oct 16, 2023 to Dec 1, 2023
  • Other offices · 4 to 1
    Oct 16, 2023 to Dec 1, 2023
  • Other offices · 1 to 4
    Mar 31, 2023 to Apr 26, 2023
  • Accounts · 371 to 462
    Dec 8, 2022 to Mar 31, 2023
  • HNW clients · 16 to 18
    Dec 8, 2022 to Mar 31, 2023
  • Individual clients · 151 to 187
    Dec 8, 2022 to Mar 31, 2023
  • Assets in custody · $4.4M to $1.7M
    Dec 8, 2022 to Mar 31, 2023
  • Discretionary RAUM · $53.6M to $61.7M
    Dec 8, 2022 to Mar 31, 2023
  • HNW RAUM · $22.7M to $26.5M
    Dec 8, 2022 to Mar 31, 2023
  • Individual RAUM · $30.1M to $34.5M
    Dec 8, 2022 to Mar 31, 2023
  • Pension RAUM · $797,267 to $725,282
    Dec 8, 2022 to Mar 31, 2023
  • RAUM · $53.6M to $61.7M
    Dec 8, 2022 to Mar 31, 2023
  • Related adviser · true to false
    Dec 8, 2022 to Mar 31, 2023
  • Accounts · 0 to 371
    Feb 4, 2022 to Mar 29, 2022
  • Advisory employees · 0 to 3
    Feb 4, 2022 to Mar 29, 2022
  • BD registered reps · 0 to 1
    Feb 4, 2022 to Mar 29, 2022
  • HNW clients · unset to 16.0
    Feb 4, 2022 to Mar 29, 2022
  • Individual clients · unset to 151.0
    Feb 4, 2022 to Mar 29, 2022
  • Assets in custody · unset to 4367585.0
    Feb 4, 2022 to Mar 29, 2022
  • Custody of client assets · false to true
    Feb 4, 2022 to Mar 29, 2022
  • Employees · 1 to 4
    Feb 4, 2022 to Mar 29, 2022
  • State-registered IARs · 0 to 3
    Feb 4, 2022 to Mar 29, 2022
  • Discretionary RAUM · $0 to $53.6M
    Feb 4, 2022 to Mar 29, 2022
  • HNW RAUM · unset to 22721688.0
    Feb 4, 2022 to Mar 29, 2022
  • Individual RAUM · unset to 30115371.0
    Feb 4, 2022 to Mar 29, 2022
  • Pension RAUM · unset to 797267.0
    Feb 4, 2022 to Mar 29, 2022
  • RAUM · $0 to $53.6M
    Feb 4, 2022 to Mar 29, 2022
Signals
11 dated events
  • M•••••• J••• M•••• left P•• W••••• for C••••••••• F•••••••• N•••••• (registered 2024-05-28)
    Jul 29, 2024 · Advisor changed firm · fact
  • J••••• M•••••• W••••• left P•• W••••• for C••••••••• F•••••••• N•••••• (registered 2024-06-03)
    Jul 10, 2024 · Advisor changed firm · fact
  • A••••••• D•••• K••••••• (Founding Partner) no longer on Schedule A of P•• W••••• (listed 2023-10-16, absent 2023-12-01)
    Dec 1, 2023 · Control person left · inference
  • D•••• A••••••• K••••••• left P•• W••••• for T••••••• I••••••••• M••••••••• I••• (registered 2023-12-21)
    Nov 30, 2023 · Advisor changed firm · fact
  • R•••••• F•••• P•••••••• left P•• W••••• for A•••• C•••••• C•••• (registered 2023-07-21)
    Jun 2, 2023 · Advisor changed firm · fact
  • 3 advisors left S••••••••• A•••••• A•••••••• I••• (North Reading, MA) for P•• W••••• on the same day
    Jan 18, 2022 · Team lift-out · derived
  • Cooper Ashleigh Swayze (Managing Member) no longer on Schedule A of P•• W••••• (listed 2021-11-17, absent 2021-12-02)
    Dec 2, 2021 · Control person left · inference
  • J••• M•••••• Lazzara (Founding Partner) appeared on Schedule A of P•• W•••••
    Nov 17, 2021 · Control person joined · fact
  • Michael Joshua Wilson (Founding Partner/Cco) appeared on Schedule A of P•• W•••••
    Nov 17, 2021 · Control person joined · fact
  • A••••••• D•••• K••••••• (Founding Partner) appeared on Schedule A of P•• W•••••
    Nov 17, 2021 · Control person joined · fact
  • P•• W••••• filed its initial SEC registration (Form ADV)
    Oct 18, 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.
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