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

Castle Rock Advisors LLC

Independent wealth managerBoston, MassachusettsCRD 331429SEC 801-130907IAPD
Latest filing Aug 6, 2026
First filing on the tape Jul 11, 2024 · 8 filings
SEC status approved since Aug 9, 2024
RAUM
$3.9B
reported, Item 5.F
Discretionary
27%
of RAUM
Private clients
70%
$2.7B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
33
27 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$3.9B as of Aug 6, 2026
Mar 28, 2025$1.6B then
HNW client RAUM$2.7B as of Aug 6, 2026
Mar 28, 2025$1.0B then
State-registered IARs (5.B.3)0 as of Aug 6, 2026
Mar 28, 20250 then
Employees (5.A)33 as of Aug 6, 2026
Mar 28, 202533 then
Private funds6 as of Aug 6, 2026
Mar 28, 20253 then
RAUM +142% over the last fiscal yearIARs 0 to 0offices 1 to 0
Practice profile
derived from the filing of Aug 6, 2026; every figure names its basis
Archetypes, each a printed rule
  • Multi-family-office-like · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, average HNW client assets at least $25M, fewer than 200 HNW clients, and business name contains 'family office' or private funds are reported
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • 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
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$73.4MderivedHNW RAUM over HNW clients
Average account
$83.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
27%derivedof RAUM
Institutional
2.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+49%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$632M, 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.7B70%
  • Pooled investment vehicles$1.1B27%
  • Charitable organizations$91.3M2.4%
Individual clients
n/areported
HNW clients
37reported
Pension plan clients
n/areported
Charitable clients
3reported
Accounts
46reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$632M for 6 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.7 fund_share=0.27 institutional_share=0.02 related_bd=false related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Cra Fund IV LLC$298M33Aug 6, 2026
      Cra Hf LLC$190M26Aug 6, 2026
      Cra Re 2025 LLC$45.2M26Aug 6, 2026
      Cra Fund I LLC$41.0M84Aug 6, 2026
      Cra Vc-Ge 2025 LLC$36.8M24Aug 6, 2026
      Cra Energy 2025 LLC$21.9M24Aug 6, 2026
      Owners and control persons
      Schedule A and B, latest filing
      • Scott Kenneth Bring · Chief Financial Officercontrol
        since 05/2024 · owns less than 5%
      • Paul Daniel Carbonneau · Partnercontrol
        since 05/2024 · owns less than 5%
      • John Christopher Hadley · Executive Officercontrol
        since 05/2024 · owns less than 5%
      • Marshall Ross Jones · Executive Officercontrol
        since 05/2024 · owns less than 5%
      • Carter Sharlyn Musslewhite · General Counselcontrol
        since 05/2024 · owns less than 5%
      • Joshua Robert Small · Executive Officercontrol
        since 05/2024 · owns less than 5%
      • Buckner Michael Sweeny · Chief Investment Officercontrol
        since 05/2024 · owns less than 5%
      • H Terry Thompson · Chief Operating Officercontrol
        since 05/2024 · owns less than 5%
      • Benjamin Reuben Ackerman · Chief Compliance Officer Officer And Ciso
        since 05/2024 · owns less than 5%
      • Bertty Martinez Torres · Chief Financial Officer
        since 05/2025 · owns less than 5%
      • R Eric Souza · Chief Technology Officer And Ciso
        since 05/2024 · owns less than 5%
      Entity owners
      • Castle Rock Advisors Holdings LLC · Managing Member
        direct · owns 50% to 75%
      • Berkshire Partners Holdings LLC · General Partner
        indirect · owns 50% to 75% of Castle Rock Advisors Holdings LLC
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      • San Francisco, CA1 employees
      ADV anomalies
      12 against comparable advisers; where to look, not conclusions
      • unusually large average HNW clientStatic outlier · filing Aug 6, 2026
        HNW RAUM per HNW client of $73,380,482 against a peer median of $3,645,749 (1308 comparable advisers, 100.0th percentile, 34.6 robust deviations)
        peers: independent wealth managers, $1B to $5B (1,308) · 100% percentile
      • control person changedChange between filings · filing Aug 6, 2026
        BRING, KENNETH, SCOTT (CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2024-07-11 and 2026-08-06
        peers: independent wealth managers, $1B to $5B (1,360)
      • control person changedChange between filings · filing Aug 6, 2026
        THOMPSON, TERRY, H (CHIEF OPERATING OFFICER) left Schedule A between the filings of 2024-07-11 and 2026-08-06
        peers: independent wealth managers, $1B to $5B (1,360)
      • control person changedChange between filings · filing Aug 6, 2026
        JONES, ROSS, MARSHALL (EXECUTIVE OFFICER) left Schedule A between the filings of 2024-07-11 and 2026-08-06
        peers: independent wealth managers, $1B to $5B (1,360)
      • control person changedChange between filings · filing Aug 6, 2026
        HADLEY, CHRISTOPHER, JOHN (EXECUTIVE OFFICER) left Schedule A between the filings of 2024-07-11 and 2026-08-06
        peers: independent wealth managers, $1B to $5B (1,360)
      • control person changedChange between filings · filing Aug 6, 2026
        SMALL, ROBERT, JOSHUA (EXECUTIVE OFFICER) left Schedule A between the filings of 2024-07-11 and 2026-08-06
        peers: independent wealth managers, $1B to $5B (1,360)
      • wealth RIA private fund surgeCombination · filing Apr 17, 2026
        peers: independent wealth managers, $1B to $5B (1,360)
      • client mix shiftChange between filings · filing Apr 17, 2026
        private-client share of RAUM moved from 65.0% to 82.0% between the annual amendments of 2025-03-28 and 2026-04-17
        peers: independent wealth managers, $1B to $5B (1,360)
      • discretionary share shiftChange between filings · filing Apr 17, 2026
        discretionary share of RAUM moved from 31.0% to 15.0% between the annual amendments of 2025-03-28 and 2026-04-17
        peers: independent wealth managers, $1B to $5B (1,360)
      • HNW share shiftChange between filings · filing Apr 17, 2026
        HNW share of RAUM moved from 65.0% to 82.0% between the annual amendments of 2025-03-28 and 2026-04-17
        peers: independent wealth managers, $1B to $5B (1,360)
      • private fund count surgeChange between filings · filing Apr 17, 2026
        private funds (Schedule D 7.B.1) moved from 3.0 to 6.0 (+100.0%) between the annual amendments of 2025-03-28 and 2026-04-17; the peer median change was 0.0% (126 comparable advisers, 98.0th percentile of changes)
        peers: independent wealth managers, $1B to $5B (126) · 98% percentile
      • RAUM up 25 %Change between filings · filing Apr 17, 2026
        RAUM (Item 5.F) moved from $1,594,841,424 to $2,383,765,925 (+49.0%) between the annual amendments of 2025-03-28 and 2026-04-17; the peer median change was +17.0% (1297 comparable advisers, 93.0th percentile of changes)
        peers: independent wealth managers, $1B to $5B (1,297) · 93% percentile
      What changed
      consecutive filings, newest first
      • Assets in custody · $632M to $632M
        Apr 17, 2026 to Aug 6, 2026
      • Discretionary RAUM · $349M to $1.1B
        Apr 17, 2026 to Aug 6, 2026
      • HNW RAUM · $2.0B to $2.7B
        Apr 17, 2026 to Aug 6, 2026
      • Non-discretionary RAUM · $2.0B to $2.8B
        Apr 17, 2026 to Aug 6, 2026
      • Pooled vehicle RAUM · $349M to $1.1B
        Apr 17, 2026 to Aug 6, 2026
      • RAUM · $2.4B to $3.9B
        Apr 17, 2026 to Aug 6, 2026
      • Assets in custody · $0 to $632M
        Mar 30, 2026 to Apr 17, 2026
      • Accounts · 22 to 46
        Jun 4, 2025 to Mar 30, 2026
      • Charity clients · 1 to 3
        Jun 4, 2025 to Mar 30, 2026
      • HNW clients · 18 to 37
        Jun 4, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 3 to 6
        Jun 4, 2025 to Mar 30, 2026
      • Financial planning clients · 11-25 to 26-50
        Jun 4, 2025 to Mar 30, 2026
      • Other offices · 1 to 0
        Jun 4, 2025 to Mar 30, 2026
      • Private funds · 3 to 6
        Jun 4, 2025 to Mar 30, 2026
      • Discretionary RAUM · $494M to $349M
        Jun 4, 2025 to Mar 30, 2026
      • HNW RAUM · $1.0B to $2.0B
        Jun 4, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $1.1B to $2.0B
        Jun 4, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $494M to $349M
        Jun 4, 2025 to Mar 30, 2026
      • RAUM · $1.6B to $2.4B
        Jun 4, 2025 to Mar 30, 2026
      • Financial planning clients · 11-25 to 11-25
        Mar 28, 2025 to Jun 4, 2025
      • Accounts · 15 to 22
        Dec 6, 2024 to Mar 28, 2025
      • Advisory employees · 22 to 27
        Dec 6, 2024 to Mar 28, 2025
      • Charity clients · unset to 1.0
        Dec 6, 2024 to Mar 28, 2025
      • HNW clients · 14 to 18
        Dec 6, 2024 to Mar 28, 2025
      • Pooled vehicle clients · unset to 3.0
        Dec 6, 2024 to Mar 28, 2025
      • Employees · 28 to 33
        Dec 6, 2024 to Mar 28, 2025
      • Financial planning clients · 0 to 11-25
        Dec 6, 2024 to Mar 28, 2025
      • Private funds · unset to 3
        Dec 6, 2024 to Mar 28, 2025
      • Discretionary RAUM · $0 to $494M
        Dec 6, 2024 to Mar 28, 2025
      • HNW RAUM · $762M to $1.0B
        Dec 6, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $830M to $1.1B
        Dec 6, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · unset to 493665951.0
        Dec 6, 2024 to Mar 28, 2025
      • RAUM · $830M to $1.6B
        Dec 6, 2024 to Mar 28, 2025
      • Accounts · unset to 15.0
        Jul 17, 2024 to Dec 6, 2024
      • HNW clients · unset to 14.0
        Jul 17, 2024 to Dec 6, 2024
      • Assets in custody · unset to 0.0
        Jul 17, 2024 to Dec 6, 2024
      • Custody of client assets · false to true
        Jul 17, 2024 to Dec 6, 2024
      • Discretionary RAUM · unset to 0.0
        Jul 17, 2024 to Dec 6, 2024
      • HNW RAUM · unset to 761963685.0
        Jul 17, 2024 to Dec 6, 2024
      • Non-discretionary RAUM · unset to 830187963.0
        Jul 17, 2024 to Dec 6, 2024
      Signals
      4 dated events
      • Castle Rock Advisors Llc reported RAUM $3.9B, up 62% from $2.4B (2026-04-17 to 2026-08-06)
        Aug 6, 2026 · RAUM change · derived
      • Castle Rock Advisors Llc reported RAUM $2.4B, up 49% from $1.6B (2025-06-04 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Castle Rock Advisors Llc reported RAUM $1.6B, up 92% from $830.2M (2024-12-06 to 2025-03-28)
        Mar 28, 2025 · RAUM change · derived
      • Castle Rock Advisors Llc filed its initial SEC registration (Form ADV)
        Jul 11, 2024 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      617-227-0050reportedpublic record, Form ADV, Aug 6, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026