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

P•••••• P••••••• W••••• A•••••••• L••

Independent wealth managerAmherst, New YorkCRD 323507SEC 801-130336websiteIAPD
Latest filing Jan 27, 2026
First filing on the tape Apr 23, 2024 · 13 filings
SEC status approved since May 21, 2024
RAUM
$78.9M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$78.9M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$13.2M
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$78.9M as of Jan 27, 2026
Jan 28, 2025$58.0M then
HNW client RAUM$41.5M as of Jan 27, 2026
Jan 28, 2025$27.3M then
State-registered IARs (5.B.3)6 as of Jan 27, 2026
Jan 28, 20255 then
Employees (5.A)8 as of Jan 27, 2026
Jan 28, 20257 then
Private funds: no history
RAUM +36% over the last fiscal yearIARs 6 to 6
Practice profile
derived from the filing of Jan 27, 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
RAUM per advisor
$13.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
61derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$703,356derivedHNW RAUM over HNW clients
Average account
$124,325derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+36%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+49%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$41.5M53%
  • Individuals$37.4M47%
Individual clients
308reported
HNW clients
59reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
635reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••• J••••••• H••••Amherst, NyOct 24, 202223 y3
M••• S••••• W••••••••Amherst, NyJan 6, 202312 y1
M•••••• A•••••Amherst, NyFeb 9, 202310 y1
G•••• D• J•••••Amherst, NyJul 18, 202318 y3
J••••• P••• T••••Amherst, NyAug 1, 202319 y3
A••• J•••• S•••••••••Amherst, NyFeb 3, 202512 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • H••••• C••••• J••••••• · President And Chief Executive Officercontrol
      since 03/2022 · owns 75% or more
    • J•••••• G••••• D• · Chief Compliance Officercontrol
      since 06/2023 · owns 5% to 10%
    • B•••• J••• J•••• A•••••• · Coo, Director
      since 02/2023 · owns 5% to 10%
    • J•••••• R••••••• B•••• · Director
      since 02/2023 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Amherst, Ny · principal600
    Offices
    Schedule D 1.F, the 25 largest
    • Hamburg, NY1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • RAUM up 25 %Change between filings · filing Jan 27, 2026
      RAUM (Item 5.F) moved from $58,027,060 to $78,946,149 (+36.0%) between the annual amendments of 2025-03-13 and 2026-01-27; the peer median change was +8.0% (219 comparable advisers, 95.0th percentile of changes)
      peers: independent wealth managers, under $100M (219) · 95% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 409 to 635
      Jul 3, 2025 to Jan 27, 2026
    • HNW clients · 17 to 59
      Jul 3, 2025 to Jan 27, 2026
    • Individual clients · 230 to 308
      Jul 3, 2025 to Jan 27, 2026
    • Financial planning clients · 101-250 to 251-500
      Jul 3, 2025 to Jan 27, 2026
    • Discretionary RAUM · $58.0M to $78.9M
      Jul 3, 2025 to Jan 27, 2026
    • HNW RAUM · $27.3M to $41.5M
      Jul 3, 2025 to Jan 27, 2026
    • Individual RAUM · $30.7M to $37.4M
      Jul 3, 2025 to Jan 27, 2026
    • RAUM · $58.0M to $78.9M
      Jul 3, 2025 to Jan 27, 2026
    • Financial planning clients · 101-250 to 101-250
      Jun 10, 2025 to Jul 3, 2025
    • Related adviser · false to true
      Feb 4, 2025 to Mar 13, 2025
    • Advisory employees · 5 to 6
      Jan 28, 2025 to Feb 4, 2025
    • Employees · 7 to 8
      Jan 28, 2025 to Feb 4, 2025
    • State-registered IARs · 5 to 6
      Jan 28, 2025 to Feb 4, 2025
    • Accounts · 274 to 409
      Dec 19, 2024 to Jan 28, 2025
    • HNW clients · 5 to 17
      Dec 19, 2024 to Jan 28, 2025
    • Individual clients · 177 to 230
      Dec 19, 2024 to Jan 28, 2025
    • Financial planning clients · 51-100 to 101-250
      Dec 19, 2024 to Jan 28, 2025
    • Discretionary RAUM · $34.3M to $58.0M
      Dec 19, 2024 to Jan 28, 2025
    • HNW RAUM · $6.3M to $27.3M
      Dec 19, 2024 to Jan 28, 2025
    • Individual RAUM · $28.0M to $30.7M
      Dec 19, 2024 to Jan 28, 2025
    • RAUM · $34.3M to $58.0M
      Dec 19, 2024 to Jan 28, 2025
    Signals
    1 dated events
    • P•••••• P••••••• W••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
      Apr 23, 2024 · 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
    716-929-6010reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    pathwaypartnerswa.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    716-929-6010reportedpublic record, Form ADV, Jan 27, 2026
    Contact form
    pathwaypartnerswa.com/contact-usreportedpublished 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
    $13.2Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026