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SEC-registered adviser

A•• I••••••••• P•••••••• L••

Independent wealth managerNew York, New YorkCRD 5845SEC 801-7566websiteIAPD
Latest filing Apr 27, 2026
First filing on the tape Mar 9, 2012 · 50 filings
SEC status approved since Jul 12, 1971
RAUM
$2.7B
reported, Item 5.F
Discretionary
91%
of RAUM
Private clients
74%
$2.0B individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$541M
derived; firm RAUM over IAPD count
Employees
18
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
50 filings and snapshots on the tape
RAUM$2.7B as of Apr 27, 2026
Mar 29, 2012$1.2B then
HNW client RAUM$1.9B as of Apr 27, 2026
Mar 31, 2018$750M then
State-registered IARs (5.B.3)5 as of Apr 27, 2026
Mar 28, 20136 then
Employees (5.A)18 as of Apr 27, 2026
Mar 28, 201322 then
Private funds2 as of Apr 27, 2026
Mar 28, 20172 then
RAUM +52% over the last fiscal year+26% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Apr 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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)
RAUM per advisor
$541MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
69derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$8.9MderivedHNW RAUM over HNW clients
Average account
$2.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
91%derivedof RAUM
Institutional
5.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.6derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+52%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.5%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisers, publications, educational seminarsreportedItem 5.G
Custody
$17.6M, 2 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)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.9B72%
  • Investment companies$289M11%
  • Corporations and businesses$260M9.6%
  • Charitable organizations$117M4.3%
  • Individuals$54.1M2.0%
  • Pooled investment vehicles$24.9M0.9%
  • Pension and profit-sharing plans$19.3M0.7%
Individual clients
129reported
HNW clients
217reported
Pension plan clients
4reported
Charitable clients
13reported
Accounts
937reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$17.6M for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.74 fund_share=0.12 institutional_share=0.05 related_bd=true related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A••••• R•••• S•••••••••New York, NySep 30, 202137 y0
S••• D•••• L••••••Chartered Financial AnalystNew York, NySep 30, 202115 y0
S•••••• R••••• B••••New York, NySep 30, 202117 y0
A••••• J••• S•••••••••New York, NySep 30, 202116 y0
G•••••• M•••••• K•••New York, Ny Jan 20, 202211 y1
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
    5 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    P•••••• C•••••• F••• L•Hedge Fund$13.1M33Mar 31, 2021
    3••••••• T••••••••• F••• L••Venture Capital Fund$7.0M39Mar 31, 2022
    P•••••• P•••••••• Y•••• F••• L•no longer reportedHedge Fund$1.8M14Mar 31, 2022
    S••••••• C•••••• P••••••• L•••no longer reportedHedge Fund$1.6M22Mar 29, 2012
    P••• S••••• A••••••••• L•••no longer reportedHedge Fund$1.0M1Mar 23, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • B••••• S••••••• R••••• · Managing Partner And Directorcontrol
      since 12/2016 · owns less than 5%
    • L••••••• S•••• D•••• · Partnercontrol
      since 12/2016 · owns less than 5%
    • M••••••• T•••••• W•••••• · Directorcontrol
      since 12/2016 · owns less than 5%
    • N••••••• K••••••• E•••••••• · Chief Compliance Officer, Chief Operating Officer, And Directorcontrol
      since 08/2017 · owns less than 5%
    • P•••••• A•••••• T••••• · Directorcontrol
      since 11/2023 · owns less than 5%
    • P•••••• L••• · Directorcontrol
      since 08/2025 · owns less than 5%
    • S••••••••• A•••••• J••• · Partnercontrol
      since 12/2016 · owns less than 5%
    • S••••••••• A•••••• R•••• · Senior Partnercontrol
      since 12/2016 · owns less than 5%
    • S••••••••• G•••• · Directorcontrol
      since 12/2016 · owns less than 5%
    • T••••• I••• P••••• R••• · Partnercontrol
      since 12/2016 · owns less than 5%
    • N••••• M••••• S•••••• · Ownercontrol
      since 06/2010 · owns 75% or more of A•••••• U• C•••••••••
    Entity owners
    • A•••••• U• C••••••••• · Owner
      direct · owns 75% or more
    • A•••••• I••••••••• M••••••••• ••••• C••••••••• · Owner
      indirect · owns 75% or more of A•••••• U• C•••••••••
    Related persons
    Schedule D 7.A
    Advisers that list A•• I••••••••• P•••••••• L•• as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    New York, Ny · principal500
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    7 against comparable advisers; where to look, not conclusions
    • RAUM up clients flatCombination · filing Apr 27, 2026
      RAUM grew 50 percent or more while private clients stayed within 5 percent: existing clients grew, a few large clients arrived, or a reporting change. RAUM $1,778,346,372 to $2,705,726,063, advisors 5 to 5, private clients 341 to 346, offices 0 to 0 (2025-04-29 to 2026-04-27)
      peers: independent wealth managers, $1B to $5B (1,362)
    • control person changedChange between filings · filing Apr 27, 2026
      P•••••• L••• (DIRECTOR) appeared on Schedule A between the filings of 2024-03-29 and 2026-04-27
      peers: independent wealth managers, $1B to $5B (1,362)
    • control person changedChange between filings · filing Apr 27, 2026
      S••••••••• G•••• (DIRECTOR) left Schedule A between the filings of 2024-03-29 and 2026-04-27
      peers: independent wealth managers, $1B to $5B (1,362)
    • control person changedChange between filings · filing Apr 27, 2026
      N••••• M••••• S•••••• (OWNER) left Schedule A between the filings of 2024-03-29 and 2026-04-27
      peers: independent wealth managers, $1B to $5B (1,362)
    • HNW share shiftChange between filings · filing Apr 27, 2026
      HNW share of RAUM moved from 87.0% to 72.0% between the annual amendments of 2025-04-29 and 2026-04-27
      peers: independent wealth managers, $1B to $5B (1,362)
    • RAUM up 50 %Change between filings · filing Apr 27, 2026
      RAUM (Item 5.F) moved from $1,778,346,372 to $2,705,726,063 (+52.0%) between the annual amendments of 2025-04-29 and 2026-04-27; 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
    • client mix shiftChange between filings · filing Apr 27, 2026
      private-client share of RAUM moved from 90.0% to 74.0% between the annual amendments of 2025-04-29 and 2026-04-27
      peers: independent wealth managers, $1B to $5B (1,362)
    What changed
    consecutive filings, newest first
    • Accounts · 897 to 937
      Apr 29, 2025 to Mar 30, 2026
    • Advisory activities · 6 to 7
      Apr 29, 2025 to Mar 30, 2026
    • Corporate clients · 8 to 12
      Apr 29, 2025 to Mar 30, 2026
    • HNW clients · 199 to 217
      Apr 29, 2025 to Mar 30, 2026
    • Individual clients · 142 to 129
      Apr 29, 2025 to Mar 30, 2026
    • Pension plan clients · 5 to 4
      Apr 29, 2025 to Mar 30, 2026
    • Pooled vehicle clients · 4 to 3
      Apr 29, 2025 to Mar 30, 2026
    • Assets in custody · $14.8M to $17.6M
      Apr 29, 2025 to Mar 30, 2026
    • Employees · 17 to 18
      Apr 29, 2025 to Mar 30, 2026
    • Private funds · 3 to 2
      Apr 29, 2025 to Mar 30, 2026
    • Discretionary RAUM · $1.6B to $2.5B
      Apr 29, 2025 to Mar 30, 2026
    • HNW RAUM · $1.5B to $1.9B
      Apr 29, 2025 to Mar 30, 2026
    • Individual RAUM · $55.5M to $54.1M
      Apr 29, 2025 to Mar 30, 2026
    • Non-discretionary RAUM · $199M to $238M
      Apr 29, 2025 to Mar 30, 2026
    • Pension RAUM · $19.1M to $19.3M
      Apr 29, 2025 to Mar 30, 2026
    • Pooled vehicle RAUM · $21.6M to $24.9M
      Apr 29, 2025 to Mar 30, 2026
    • RAUM · $1.8B to $2.7B
      Apr 29, 2025 to Mar 30, 2026
    • Accounts · 870 to 897
      Apr 19, 2024 to Apr 29, 2025
    • Advisory employees · 8 to 7
      Apr 19, 2024 to Apr 29, 2025
    • Advisory activities · 5 to 6
      Apr 19, 2024 to Apr 29, 2025
    • Charity clients · 10 to 13
      Apr 19, 2024 to Apr 29, 2025
    • Corporate clients · 10 to 8
      Apr 19, 2024 to Apr 29, 2025
    • HNW clients · 135 to 199
      Apr 19, 2024 to Apr 29, 2025
    • Individual clients · 200 to 142
      Apr 19, 2024 to Apr 29, 2025
    • Pension plan clients · 4 to 5
      Apr 19, 2024 to Apr 29, 2025
    • Pooled vehicle clients · 3 to 4
      Apr 19, 2024 to Apr 29, 2025
    • Assets in custody · $17.2M to $14.8M
      Apr 19, 2024 to Apr 29, 2025
    • Employees · 18 to 17
      Apr 19, 2024 to Apr 29, 2025
    • Financial planning clients · unset to
      Apr 19, 2024 to Apr 29, 2025
    • Private funds · 4 to 3
      Apr 19, 2024 to Apr 29, 2025
    • Discretionary RAUM · $1.4B to $1.6B
      Apr 19, 2024 to Apr 29, 2025
    • HNW RAUM · $1.3B to $1.5B
      Apr 19, 2024 to Apr 29, 2025
    • Individual RAUM · $144M to $55.5M
      Apr 19, 2024 to Apr 29, 2025
    • Non-discretionary RAUM · $130M to $199M
      Apr 19, 2024 to Apr 29, 2025
    • Pension RAUM · $14.1M to $19.1M
      Apr 19, 2024 to Apr 29, 2025
    • Pooled vehicle RAUM · $19.6M to $21.6M
      Apr 19, 2024 to Apr 29, 2025
    • RAUM · $1.6B to $1.8B
      Apr 19, 2024 to Apr 29, 2025
    • Accounts · 469 to 870
      Jan 19, 2024 to Mar 29, 2024
    • Advisory employees · 7 to 8
      Jan 19, 2024 to Mar 29, 2024
    • Advisory activities · 4 to 5
      Jan 19, 2024 to Mar 29, 2024
    Signals
    5 dated events
    • A•• I••••••••• P•••••••• L•• reported RAUM $2.7B, up 52% from $1.8B (2025-04-29 to 2026-03-30)
      Mar 30, 2026 · RAUM change · derived
    • Thomas Austin Porter (Director) appeared on Schedule A of A•• I••••••••• P•••••••• L••
      Jan 19, 2024 · Control person joined · fact
    • Joseph Michael Killeen (Director) no longer on Schedule A of A•• I••••••••• P•••••••• L•• (listed 2023-09-13, absent 2024-01-19)
      Jan 19, 2024 · Control person left · inference
    • Michael Schaenen (Senior Partner And Director) no longer on Schedule A of A•• I••••••••• P•••••••• L•• (listed 2022-11-02, absent 2023-03-29)
      Mar 29, 2023 · Control person left · inference
    • A• R• S••••••••• • C••• I••• reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Jan 18, 2017 · Succession (Item 4) · fact
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Business email
    i•••@a••••••••.comreportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    212-687-9800reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    646-736-0453reportedpublished by the firm, firm site, Sep 17, 2026
    Website
    a••••••••.comreportedpublic record, Form ADV, Sep 21, 2026
    Principal office phone
    212-931-5722reportedpublic record, Form ADV, Apr 27, 2026
    Contact form
    a••••••••.comreportedpublished by the firm, firm site, Sep 17, 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
    $541Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026