State-registered independent wealth management RIA
Heaphy Investments, LLC
As of its Form ADV filed September 23, 2026, Heaphy Investments, LLC, a state-registered independent wealth management RIA in Wilbraham, Massachusetts, reported $67.2 million in regulatory assets under management across 213 accounts, ranking #344 among independent RIAs in Massachusetts by assets.
Registration
- Registration
- State-registered, Approved
- CRD number
- 151849
- SEC file number
- None (state-registered)
- Registered since
- June 26, 2012
- Latest Form ADV filing
- September 23, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 1
Key figures
- Regulatory assets under management
- $67.2 million
- Discretionary
- $67.2 million (100.0%)
- Non-discretionary
- $0
- Accounts
- 213 (213 discretionary)
- Clients
- 99, approximate as reported
- Employees
- 3
- Advisory staff
- 2 performing investment advisory functions
- Average account
- $315,607
- Asset growth, 1 year
- Not reported
- Asset growth, 3-year annual rate
- Not reported
- Asset growth, 5-year annual rate
- Not reported
- Client growth, 1 year
- Not reported
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In Massachusetts | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #9,479 | #344 | $67.2 million |
| Independent RIAs with the most clients | #8,852 | #307 | 99 |
| Independent RIAs with the most accounts | #8,259 | #278 | 213 |
| Independent RIAs with the most advisory staff | #6,488 | #220 | 2 |
| Independent RIAs with the most high net worth clients | #10,316 | #364 | 16 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $36.5 million |
| October 3, 2011 | $48.4 million |
| October 7, 2026 | $67.2 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 16 clients | $46.1 million | |
| Individuals (other than high net worth) 83 clients | $20.2 million | |
| Charitable organizations fewer than 5 clients | $918,210 |
How the firm is paid
- A percentage of assets under management
- Fixed fees
- Other
Advisory services
- Portfolio management for individuals or small businesses
- Other
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
None reported.
Custody (Item 9)
The firm reported custody of client cash or securities, $37.2 million in total.
Investment adviser representatives
- IARs registered with the firm
- 2
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 2
0 of the firm's 2 IARs are registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
Our source has no Form ADV Item 11 detail for this firm. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Massachusetts
| Firm | City | RAUM |
|---|---|---|
| Granite Wealth Management LLC | Plymouth | $68.5 million |
| Gregory M Doherty, CPA | Dedham | $66.7 million |
| Roman Retirement Planning, LLC | Mashpee | $66.4 million |
| US Advisory Group | Beverly | $65.8 million |
| CIO Wealth Management, Inc. | Sudbury | $65.8 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Heaphy Investments, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Independent RIAs in Massachusetts
Firm data as of October 7, 2026, from IA_FIRM_STATE_Feed_10_07_2026.xml.gz. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 7, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.