{"url":"https://nivawealth.com/firms/d-and-p-investment-advisors-119631","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/119631","regulatoryAum":197759856,"crd":"119631","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4516166","suffix":null,"lastName":"PROVOST","firstName":"MARK","middleName":"ROBERT"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-03-29","regulatoryAum":126201394,"clients":204,"employees":1,"offices":2},{"filedOn":"2023-03-16","regulatoryAum":132532354,"clients":219,"employees":1,"offices":2},{"filedOn":"2024-03-13","regulatoryAum":152052829,"clients":232,"employees":1,"offices":2},{"filedOn":"2025-03-11","regulatoryAum":173823817,"clients":239,"employees":1,"offices":2},{"filedOn":"2026-03-06","regulatoryAum":197759856,"clients":247,"employees":1,"offices":2}],"secFileNumber":"801-124798","legalName":"D & P Investment Advisors, LTD.","displayName":"D & P Investment Advisors","slug":"d-and-p-investment-advisors-119631","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Rhode Island corporation","fiscalYearEnd":"December","headquarters":{"street":"10 High Street, Suite B","city":"Wakefield","state":"RI","stateName":"Rhode Island","country":"United States","postalCode":"02879"},"tradeNames":[],"registration":{"secApproved":"28 April 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":834681.4780701754,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":197759856,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":197759856,"nonDiscretionaryAccounts":647,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":170,"regulatoryAum":48827171},{"label":"High-net-worth individuals","clients":58,"regulatoryAum":141480206},{"label":"Corporations and other businesses","clients":7,"regulatoryAum":2632489},{"label":"Other","clients":12,"regulatoryAum":4819990}],"feePrograms":[{"role":"main","program":"Investment Management Fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015711","versionId":1015711,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-06","documentName":"D & P INVESTMENT ADVISORS, LTD DISCLOSURE BROCHURE","fee_rate_low":1,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"Financial planning and consulting are billed hourly, generally $270 to $300 per hour and negotiable; half the estimated fee is due on signing.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015711","versionId":1015711,"submittedOn":"2026-03-06","documentName":"D & P INVESTMENT ADVISORS, LTD DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:31:58.984349+00:00","documents":[{"name":"D & P INVESTMENT ADVISORS, LTD DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015711","versionId":1015711,"submittedOn":"2026-03-06"}]},"custodians":[{"name":"Fidelity Distributors Company LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":197759856}],"custodyNote":"D & P Investment Advisors does not have custody of client assets.","leadership":[{"name":"Mark Provost","title":"President, Secretary, Treasurer / Chief Compliance Officer","crd":"4516166"}],"ownership":[{"label":"Mark Provost","detail":"President, secretary, treasurer / chief compliance officer in the 75% or more ownership band and a control person, since January 2002."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Rhode Island","offices":1,"addresses":[{"street":"10 High Street, Suite B","city":"Wakefield","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"401-792-0100","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":33},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":46},{"label":"Cash and cash equivalents","percent":20}],"privateFunds":0},"sources":{"adv1FilingDate":"6 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/119631/PDF/119631.pdf","brochureDate":"6 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015711","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does D & P Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does D & P Investment Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does D & P Investment Advisors charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does D & P Investment Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does D & P Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does D & P Investment Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns D & P Investment Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does D & P Investment Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is D & P Investment Advisors registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact D & P Investment Advisors?","answer":"D & P Investment Advisors’ main office is at 10 High Street, Suite B, Wakefield, RI 02879. Its phone number is 401-792-0100.","source":"Form ADV Part 1A, Item 1.F, filed 6 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}