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

The Clifford Group LLC

Independent wealth managerWayland, MassachusettsCRD 318897SEC 801-123547websiteIAPD
Latest filing Aug 17, 2026
First filing on the tape Feb 25, 2022 · 20 filings
SEC status approved since Mar 25, 2022
RAUM
$248M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$248M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$124M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$248M as of Aug 17, 2026
Mar 23, 2023$119M then
HNW client RAUM$168M as of Aug 17, 2026
Mar 23, 2023$68.2M then
State-registered IARs (5.B.3)3 as of Aug 17, 2026
Mar 23, 20232 then
Employees (5.A)6 as of Aug 17, 2026
Mar 23, 20234 then
Private funds: no history
RAUM +22% over the last fiscal year+28% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Aug 17, 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
$124MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
131derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$269,582derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Wrap fee program
$248MreportedItem 5.I
Custody
$69.3M, 56 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$168M68%
  • Individuals$80.1M32%
Individual clients
200reported
HNW clients
61reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
921reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$69.3M for 56 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Gregory L. CliffordWayland, MaMar 31, 202214 y2
Ryan Michael CarragherWayland, MaNov 15, 202412 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount1 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Gregory Clifford · Managing Member / Founder / Chief Executive Officercontrol
      since 02/2022 · owns 75% or more
    • E Sarah Ludden · Director Of Operations And Chief Compliance Officercontrol
      since 02/2022 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Wayland, Ma · principal201
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 824 to 921
      Jul 25, 2025 to Mar 25, 2026
    • HNW clients · 60 to 61
      Jul 25, 2025 to Mar 25, 2026
    • Individual clients · 190 to 200
      Jul 25, 2025 to Mar 25, 2026
    • Assets in custody · $20.0M to $69.3M
      Jul 25, 2025 to Mar 25, 2026
    • Employees · 7 to 6
      Jul 25, 2025 to Mar 25, 2026
    • Financial planning clients · 101-250 to 251-500
      Jul 25, 2025 to Mar 25, 2026
    • Discretionary RAUM · $204M to $248M
      Jul 25, 2025 to Mar 25, 2026
    • HNW RAUM · $143M to $168M
      Jul 25, 2025 to Mar 25, 2026
    • Individual RAUM · $61.3M to $80.1M
      Jul 25, 2025 to Mar 25, 2026
    • RAUM · $204M to $248M
      Jul 25, 2025 to Mar 25, 2026
    • Financial planning clients · 101-250 to 101-250
      Mar 26, 2025 to Jul 25, 2025
    • Accounts · 688 to 824
      Nov 22, 2024 to Mar 26, 2025
    • Advisory employees · 2 to 3
      Nov 22, 2024 to Mar 26, 2025
    • HNW clients · 43 to 60
      Nov 22, 2024 to Mar 26, 2025
    • Individual clients · 192 to 190
      Nov 22, 2024 to Mar 26, 2025
    • Assets in custody · $91.8M to $20.0M
      Nov 22, 2024 to Mar 26, 2025
    • Employees · 4 to 7
      Nov 22, 2024 to Mar 26, 2025
    • State-registered IARs · 2 to 3
      Nov 22, 2024 to Mar 26, 2025
    • Discretionary RAUM · $166M to $204M
      Nov 22, 2024 to Mar 26, 2025
    • HNW RAUM · $113M to $143M
      Nov 22, 2024 to Mar 26, 2025
    • Individual RAUM · $53.5M to $61.3M
      Nov 22, 2024 to Mar 26, 2025
    • RAUM · $166M to $204M
      Nov 22, 2024 to Mar 26, 2025
    • Accounts · 600 to 688
      Dec 7, 2023 to Mar 22, 2024
    • HNW clients · 28 to 43
      Dec 7, 2023 to Mar 22, 2024
    • Individual clients · 196 to 192
      Dec 7, 2023 to Mar 22, 2024
    • Assets in custody · $61.2M to $91.8M
      Dec 7, 2023 to Mar 22, 2024
    • Discretionary RAUM · $119M to $166M
      Dec 7, 2023 to Mar 22, 2024
    • HNW RAUM · $68.2M to $113M
      Dec 7, 2023 to Mar 22, 2024
    • Individual RAUM · $50.8M to $53.5M
      Dec 7, 2023 to Mar 22, 2024
    • RAUM · $119M to $166M
      Dec 7, 2023 to Mar 22, 2024
    • Accounts · 504 to 600
      Dec 22, 2022 to Mar 23, 2023
    • BD registered reps · 2 to 0
      Dec 22, 2022 to Mar 23, 2023
    • Individual clients · 193 to 196
      Dec 22, 2022 to Mar 23, 2023
    • Assets in custody · unset to 61205841.0
      Dec 22, 2022 to Mar 23, 2023
    • Custody of client assets · false to true
      Dec 22, 2022 to Mar 23, 2023
    • Employees · 3 to 4
      Dec 22, 2022 to Mar 23, 2023
    • Financial planning clients · 0 to 101-250
      Dec 22, 2022 to Mar 23, 2023
    • Discretionary RAUM · $114M to $119M
      Dec 22, 2022 to Mar 23, 2023
    • HNW RAUM · $65.3M to $68.2M
      Dec 22, 2022 to Mar 23, 2023
    • Individual RAUM · $48.4M to $50.8M
      Dec 22, 2022 to Mar 23, 2023
    Signals
    3 dated events
    • John Connor Murtagh left The Clifford Group Llc for Integrated Wealth Concepts Llc (registered 2026-04-10)
      Apr 7, 2026 · Advisor changed firm · fact
    • 2 advisors left Newedge Advisors (Newton, MA) for The Clifford Group LLC on the same day
      Jul 27, 2022 · Team lift-out · derived
    • The Clifford Group Llc filed its initial SEC registration (Form ADV)
      Feb 25, 2022 · 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
    617-600-2083reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/the-clifford-groupreportedpublic record, Form ADV, Sep 18, 2026
    Website
    thecliffordgrp.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (617) 600-2083reportedpublic record, Form ADV, Aug 17, 2026
    Team page
    thecliffordgrp.com/our-teamreportedpublished by the firm, firm site, Sep 16, 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
    $124Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026