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••• S•••• A•••• M••••••••• L••

Independent wealth managerBeverly, MassachusettsCRD 336573SEC 801-132913websiteIAPD
Latest filing Apr 23, 2026
First filing on the tape May 6, 2025 · 5 filings
SEC status approved since Jun 3, 2025
RAUM
$192M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
80%
$153M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$48.1M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$192M as of Apr 23, 2026
May 6, 2025$207M then
HNW client RAUM$145M as of Apr 23, 2026
May 6, 2025$143M then
State-registered IARs (5.B.3)4 as of Apr 23, 2026
May 6, 20250 then
Employees (5.A)6 as of Apr 23, 2026
May 6, 20255 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
$48.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
13derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.5MderivedHNW RAUM over HNW clients
Average account
$1.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, 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
  • 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)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$145M75%
  • Pension and profit-sharing plans$25.2M13%
  • Corporations and businesses$9.1M4.7%
  • Individuals$8.4M4.3%
  • Charitable organizations$4.6M2.4%
Individual clients
18reported
HNW clients
32reported
Pension plan clients
4reported
Charitable clients
1reported
Accounts
133reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.8 fund_share=0.0 institutional_share=0.16 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
W•••••• L•••••• F•••••Beverly, MaJun 26, 202525 y2
D••••• A•••• C•••••Chartered Financial AnalystBeverly, MaAug 6, 202510 y1
L•••• M••Certified Financial PlannerBeverly, MaAug 19, 202535 y1
S••••• B•••••• C••••Certified Financial Planner, Chartered Financial AnalystBeverly, MaMay 11, 202613 y3
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
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
  • F•••••• W••••••• L•••••• · Managing Partnercontrol
    since 04/2025 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Beverly, Ma · principal410
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 135 to 133
    Oct 30, 2025 to Mar 31, 2026
  • Advisory activities · 3 to 4
    Oct 30, 2025 to Mar 31, 2026
  • Corporate clients · 7 to 5
    Oct 30, 2025 to Mar 31, 2026
  • HNW clients · 37 to 32
    Oct 30, 2025 to Mar 31, 2026
  • Individual clients · 12 to 18
    Oct 30, 2025 to Mar 31, 2026
  • Pension plan clients · 2 to 4
    Oct 30, 2025 to Mar 31, 2026
  • Financial planning clients · to 0
    Oct 30, 2025 to Mar 31, 2026
  • Discretionary RAUM · $200M to $191M
    Oct 30, 2025 to Mar 31, 2026
  • HNW RAUM · $153M to $145M
    Oct 30, 2025 to Mar 31, 2026
  • Individual RAUM · $4.0M to $8.4M
    Oct 30, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $0 to $1.6M
    Oct 30, 2025 to Mar 31, 2026
  • Pension RAUM · $26.9M to $25.2M
    Oct 30, 2025 to Mar 31, 2026
  • RAUM · $200M to $192M
    Oct 30, 2025 to Mar 31, 2026
  • Accounts · 118 to 135
    Aug 28, 2025 to Oct 30, 2025
  • Advisory employees · 3 to 4
    Aug 28, 2025 to Oct 30, 2025
  • Corporate clients · 4 to 7
    Aug 28, 2025 to Oct 30, 2025
  • HNW clients · 30 to 37
    Aug 28, 2025 to Oct 30, 2025
  • Individual clients · 21 to 12
    Aug 28, 2025 to Oct 30, 2025
  • Pension plan clients · 1 to 2
    Aug 28, 2025 to Oct 30, 2025
  • Employees · 5 to 6
    Aug 28, 2025 to Oct 30, 2025
  • Insurance-licensed employees · 2 to 0
    Aug 28, 2025 to Oct 30, 2025
  • State-registered IARs · 3 to 4
    Aug 28, 2025 to Oct 30, 2025
  • Discretionary RAUM · $207M to $200M
    Aug 28, 2025 to Oct 30, 2025
  • HNW RAUM · $143M to $153M
    Aug 28, 2025 to Oct 30, 2025
  • Individual RAUM · $10.5M to $4.0M
    Aug 28, 2025 to Oct 30, 2025
  • Pension RAUM · $25.6M to $26.9M
    Aug 28, 2025 to Oct 30, 2025
  • Pooled vehicle RAUM · unset to 0.0
    Aug 28, 2025 to Oct 30, 2025
  • RAUM · $207M to $200M
    Aug 28, 2025 to Oct 30, 2025
  • Related adviser · true to false
    Aug 28, 2025 to Oct 30, 2025
  • State-registered IARs · 0 to 3
    May 6, 2025 to Aug 28, 2025
  • Related adviser · false to true
    May 6, 2025 to Aug 28, 2025
Signals
1 dated events
  • 2 advisors left A••••••• I••••••••• P•••••••• I••• (Beverly, MA) for P••• S•••• A•••• M••••••••• L•• on the same day
    Oct 28, 2025 · Team lift-out · derived
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
978-529-2395reportedpublished by the firm, firm site, Sep 17, 2026
Website
p•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
978.529.2395reportedpublic record, Form ADV, Apr 23, 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
$48.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026