D & P Investment Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
D & P Investment Advisors reports 247 clients. They include 170 individual clients, 58 high-net-worth individuals and 12 other clients. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $198M across 647 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 69% | 25% |
| High-net-worth individuals | 23% | 72% |
| Corporations and other businesses | 3% | 1% |
| Other | 5% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 170 | $48.8M | 24.7% | $287K |
| High-net-worth individuals | 58 | $141M | 71.5% | $2.44M |
| Corporations and other businesses | 7 | $2.63M | 1.3% | $376K |
| Other | 12 | $4.82M | 2.4% | $402K |
| Total | 247 | $198M | 100% | $801K |
- Clients
- 170
- Regulatory AUM
- $48.8M
- AUM share
- 24.7%
- Avg. per client
- $287K
- Clients
- 58
- Regulatory AUM
- $141M
- AUM share
- 71.5%
- Avg. per client
- $2.44M
- Clients
- 7
- Regulatory AUM
- $2.63M
- AUM share
- 1.3%
- Avg. per client
- $376K
- Clients
- 12
- Regulatory AUM
- $4.82M
- AUM share
- 2.4%
- Avg. per client
- $402K
Total
- Clients
- 247
- Regulatory AUM
- $198M
- AUM share
- 100%
- Avg. per client
- $801K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
D & P Investment Advisors charges 1.00% a year for its Investment Management Fee. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting are billed hourly, generally $270 to $300 per hour and negotiable; half the estimated fee is due on signing.
Mark Provost owns 75% or more of D & P Investment Advisors. The leadership team of D & P Investment Advisors includes President Mark Provost. It has 1 employee.
Leadership
- Mark ProvostPresident, Secretary, Treasurer / Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of D & P Investment Advisors, LTD.
Mark Provost
Control person · since January 2002
D & P Investment Advisors’ regulatory assets grew 1.6× from $126M (March 2022) to $198M (March 2026); clients rose from 204 to 247 and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $198M | 247 | 1 | 2 |
| March 2025 | $174M | 239 | 1 | 2 |
| March 2024 | $152M | 232 | 1 | 2 |
| March 2023 | $133M | 219 | 1 | 2 |
| March 2022 | $126M | 204 | 1 | 2 |
Besides its headquarters, D & P Investment Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in Rhode Island.
Rhode Island · 1 listed address
- 10 High Street, Suite B, WakefieldHQ
Contact and registration details
- Legal name
- D & P Investment Advisors, LTD.
- Headquarters
- 10 High Street, Suite B, Wakefield, RI 02879
- Website
- Not reported
- Phone
- 401-792-0100
- SEC file
- 801-124798
- Structure
- Rhode Island corporation
- Fiscal year end
- December
D & P Investment Advisors uses Fidelity ($198M) as custodian for its separately managed accounts. D & P Investment Advisors does not have custody of client assets.
- FidelityFidelity Distributors Company LLC · Boston, MA · $198M100%
At year end, D & P Investment Advisors’ separately managed accounts were largely in funds (46%) and stocks (33%).
What the accounts hold
- Stocks33%
- Funds46%
- Bonds1%
- Cash20%
How many clients does D & P Investment Advisors have?
D & P Investment Advisors has 247 clients and manages $198 million for them, as of March 2026. They include 170 individual clients, 58 high-net-worth individuals and 12 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 March 2026
What services does D & P Investment Advisors offer?
D & P Investment Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does D & P Investment Advisors charge?
D & P Investment Advisors charges 1.00% a year for its Investment Management Fee. The fee is billed in arrears and is negotiable.
Source: D & P INVESTMENT ADVISORS, LTD DISCLOSURE BROCHURE, filed 6 March 2026
Which custodians does D & P Investment Advisors use?
D & P Investment Advisors’ separately managed account assets are held at Fidelity Distributors Company LLC (Boston, MA), with $198M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 March 2026
How many financial advisors does D & P Investment Advisors have?
D & P Investment Advisors has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does D & P Investment Advisors invest in?
At the end of its last fiscal year, D & P Investment Advisors’ separately managed accounts held 46% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities, 20% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns D & P Investment Advisors?
D & P Investment Advisors’ direct owner is Mark Provost (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 6 March 2026
How does D & P Investment Advisors get paid?
D & P Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is D & P Investment Advisors registered with the SEC?
Yes, D & P Investment Advisors has been registered with the SEC as an investment adviser since 28 April 2022. Its CRD number is 119631 and its SEC file number is 801-124798.
Source: Form ADV Part 1A, Item 1, filed 6 March 2026; IAPD firm record
How do I contact D & P Investment Advisors?
D & P Investment Advisors’ main office is at 10 High Street, Suite B, Wakefield, RI 02879. Its phone number is 401-792-0100.