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
D••••••• W••••• S••••••• L••
Latest filing Mar 11, 2026
First filing on the tape Feb 1, 2023 · 10 filings
SEC status approved since Mar 7, 2023
RAUM
$563M
reported, Item 5.F
Discretionary
7.3%
of RAUM
Private clients
98%
$551M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$141M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
8
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$563M as of Mar 11, 2026
Mar 11, 2024$886M then
HNW client RAUM$549M as of Mar 11, 2026
Mar 11, 2024$882M then
State-registered IARs (5.B.3)4 as of Mar 11, 2026
Mar 11, 20244 then
Employees (5.A)5 as of Mar 11, 2026
Mar 11, 20245 then
Private funds: no history
RAUM -11% over the last fiscal yearIARs 4 to 4offices 10 to 8
Practice profile
derived from the filing of Mar 11, 2026; every figure names its basis
Archetypes, each a printed rule
- UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
- RAUM per advisor
- $141MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 11derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $15.3MderivedHNW RAUM over HNW clients
- Average account
- $4.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 7.3%derivedof RAUM
- Institutional
- 2.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 0.4derived9 offices incl. principal (1.F.5)
- RAUM growth, one year
- -11%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +13%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $45.9M, 6 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)
- 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$549M97%
- Charitable organizations$12.2M2.2%
- Individuals$2.2M0.4%
- Individual clients
- 9reported
- HNW clients
- 36reported
- Pension plan clients
- 0reported
- Charitable clients
- 1reported
- Accounts
- 135reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- $45.9M for 6 clientsreported
- Compensation
- % of AUM, fixedreported
- 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
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| D•••••• J••••Chartered Financial Analyst | Wellesley, Ma | Apr 5, 2023 | 13 y | 1 |
| K••••••• D••••• C••••• | Ipswich, Ma | Apr 18, 2023 | 10 y | 1 |
| J••••• C••••••••• C••••• | Miami, Fl | May 5, 2023 | 27 y | 0 |
| T••••• C••••• | New York, Ny | Aug 18, 2025 | 10 y | 0 |
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 headcount1 left over 36 months
Left, latest
- J•••• C••••••• to S••••• W••••• A•••••••• I•••Aug 1, 2025 · Other
Joined, latest
- J•••• C••••••• from F••••••• P••••••• A•• W•••••••• A•••••••Feb 13, 2024 · Affiliated broker-dealer or bank to independent RIA
- K••••••• D••••• C••••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Apr 18, 2023 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- D•••••• J•••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Apr 5, 2023 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Mar 20, 2023 · New York, Ny
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- C•••••• J•••••• C••••••••• · Managing Partner, Chief Compliance Officercontrolsince 03/2023 · owns less than 5%
- C•••••• J•••••• C••••••••• · Managing Membercontrolsince 03/2023 · owns 75% or more of C••••••• W••••• C••••••••• L••
Entity owners
- C••••••• W••••• C••••••••• L•• · Managing Member/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 |
|---|---|---|---|---|---|
| Miami, Fl · principal | 4 | 0 | 0 | ||
| Chandler, Az | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Beverly Hills, CA1 employees
- Cambridge, MA1 employees
- Miami, FL1 employees
- New York, NY1 employees
- , 1 employees
- Scottsdale, AZ
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- unusually large average HNW clientStatic outlier · filing Mar 11, 2026HNW RAUM per HNW client of $15,252,775 against a peer median of $3,134,900 (1404 comparable advisers, 99.0th percentile, 8.0 robust deviations)peers: independent wealth managers, $500M to $1B (1,404) · 99% percentile
- custody status changedChange between filings · filing Mar 11, 2026custody of client assets (Item 9.A): no on the filing of 2025-03-11, yes on the filing of 2026-03-11peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
- Accounts · 117 to 135Mar 11, 2025 to Mar 11, 2026
- HNW clients · 34 to 36Mar 11, 2025 to Mar 11, 2026
- Individual clients · 6 to 9Mar 11, 2025 to Mar 11, 2026
- Assets in custody · unset to 45894080.0Mar 11, 2025 to Mar 11, 2026
- Custody of client assets · false to trueMar 11, 2025 to Mar 11, 2026
- Employees · 6 to 5Mar 11, 2025 to Mar 11, 2026
- Financial planning clients · 0 to 11-25Mar 11, 2025 to Mar 11, 2026
- Other offices · 10 to 8Mar 11, 2025 to Mar 11, 2026
- Discretionary RAUM · $19.7M to $41.4MMar 11, 2025 to Mar 11, 2026
- HNW RAUM · $628M to $549MMar 11, 2025 to Mar 11, 2026
- Individual RAUM · $2.1M to $2.2MMar 11, 2025 to Mar 11, 2026
- Non-discretionary RAUM · $615M to $522MMar 11, 2025 to Mar 11, 2026
- RAUM · $635M to $563MMar 11, 2025 to Mar 11, 2026
- Accounts · 116 to 117Sep 18, 2024 to Mar 11, 2025
- HNW clients · 32 to 34Sep 18, 2024 to Mar 11, 2025
- Individual clients · 5 to 6Sep 18, 2024 to Mar 11, 2025
- Employees · 5 to 6Sep 18, 2024 to Mar 11, 2025
- Financial planning clients · 0 to 0Sep 18, 2024 to Mar 11, 2025
- Discretionary RAUM · $20.0M to $19.7MSep 18, 2024 to Mar 11, 2025
- HNW RAUM · $882M to $628MSep 18, 2024 to Mar 11, 2025
- Individual RAUM · $1.7M to $2.1MSep 18, 2024 to Mar 11, 2025
- Non-discretionary RAUM · $866M to $615MSep 18, 2024 to Mar 11, 2025
- RAUM · $886M to $635MSep 18, 2024 to Mar 11, 2025
- Other offices · 9 to 10Mar 11, 2024 to Sep 18, 2024
- Accounts · 111 to 116Feb 12, 2024 to Mar 11, 2024
- Discretionary RAUM · $18.5M to $20.0MFeb 12, 2024 to Mar 11, 2024
- HNW RAUM · $745M to $882MFeb 12, 2024 to Mar 11, 2024
- Individual RAUM · $484,444 to $1.7MFeb 12, 2024 to Mar 11, 2024
- Non-discretionary RAUM · $729M to $866MFeb 12, 2024 to Mar 11, 2024
- RAUM · $747M to $886MFeb 12, 2024 to Mar 11, 2024
- Accounts · 31 to 111Jun 30, 2023 to Feb 12, 2024
- Advisory employees · 3 to 4Jun 30, 2023 to Feb 12, 2024
- Charity clients · 0 to 1Jun 30, 2023 to Feb 12, 2024
- HNW clients · 29 to 32Jun 30, 2023 to Feb 12, 2024
- Individual clients · 2 to 5Jun 30, 2023 to Feb 12, 2024
- Employees · 3 to 5Jun 30, 2023 to Feb 12, 2024
- State-registered IARs · 3 to 4Jun 30, 2023 to Feb 12, 2024
- Other offices · 7 to 9Jun 30, 2023 to Feb 12, 2024
- Discretionary RAUM · $19.2M to $18.5MJun 30, 2023 to Feb 12, 2024
- HNW RAUM · $266M to $745MJun 30, 2023 to Feb 12, 2024
Signals
9 dated events
- J•••• C••••••• left D••••••• W••••• S••••••• L•• for S••••• W••••• A•••••••• I••• (registered 2025-08-21)Aug 1, 2025 · Advisor changed firm · fact
- D••••••• W••••• S••••••• L•• reported RAUM $635.0M, down 28% from $886.3M (2024-09-18 to 2025-03-11)Mar 11, 2025 · RAUM change · derived
- D••••••• W••••• S••••••• L•• reported RAUM $747.2M, up 181% from $266.3M (2023-06-30 to 2024-02-12)Feb 12, 2024 · RAUM change · derived
- 2 advisors left M•••••• L••••• P•••••• F••••• • S•••• I••••••••• (New York, NY) for D••••••• W••••• S••••••• L•• a day apartMar 20, 2023 · Team lift-out · derived
- D••••••• W••••• S•••••• G•••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)Mar 17, 2023 · Succession (Item 4) · fact
- D••••••• W••••• S••••••• L•• reported 7 offices beyond its principal office, up from 0 (2023-02-10 to 2023-03-17)Mar 17, 2023 · Office count change · derived
- C••••••••• J••••• C••••• (Managing Partner, Chief Compliance Officer) appeared on Schedule A of D••••••• W••••• S••••••• L••Mar 17, 2023 · Control person joined · fact
- Nmn C•••• K••••• (Managing Member) no longer on Schedule A of D••••••• W••••• S••••••• L•• (listed 2023-02-10, absent 2023-03-17)Mar 17, 2023 · Control person left · inference
- D••••••• W••••• S•••••• G•••• L•• filed its initial SEC registration (Form ADV)Feb 1, 2023 · 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
- Website
- dtwn.coreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 888-240-2737reportedpublic record, Form ADV, Mar 11, 2026
- Team page
- dtwn.co/our-teamreportedpublished by the firm, firm site, Sep 15, 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
- $141Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026