{"url":"https://nivawealth.com/firms/diversified-financial-management-associates-171813","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/171813","regulatoryAum":338750827,"crd":"171813","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6601007","suffix":null,"lastName":"Cadigan","firstName":"Bradford","middleName":null},{"crd":"5998277","suffix":null,"lastName":"DWORKIN","firstName":"ADAM","middleName":"KEITH"},{"crd":"4261840","suffix":null,"lastName":"EVERETT","firstName":"MARK","middleName":"JOSEPH"},{"crd":"5862403","suffix":"JR.","lastName":"PLACE","firstName":"HENRY","middleName":"CALVIN"}],"total":4,"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":"2021-04-26","regulatoryAum":188782136,"clients":116,"employees":4,"offices":1},{"filedOn":"2022-03-04","regulatoryAum":231077646,"clients":120,"employees":4,"offices":1},{"filedOn":"2023-03-06","regulatoryAum":227647098,"clients":125,"employees":4,"offices":1},{"filedOn":"2024-03-15","regulatoryAum":258977565,"clients":131,"employees":4,"offices":1},{"filedOn":"2025-03-20","regulatoryAum":302397835,"clients":131,"employees":5,"offices":2},{"filedOn":"2026-03-13","regulatoryAum":338750827,"clients":144,"employees":5,"offices":2}],"secFileNumber":"801-79902","legalName":"Diversified Financial Management Associates, Inc.","displayName":"Diversified Financial Management Associates","slug":"diversified-financial-management-associates-171813","website":"https://dfmwealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/diversified-financial-management-inc./","founded":"1986","organization":"Massachusetts corporation","fiscalYearEnd":"December","headquarters":{"street":"80 Washington Street, Building E-13","city":"Norwell","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02061-1729"},"tradeNames":[],"registration":{"secApproved":"13 June 2014","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2334028.4676258992,"staff":{"employees":5,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":338750827,"discretionary":242195099,"discretionaryAccounts":391,"nonDiscretionary":96555728,"nonDiscretionaryAccounts":87,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":74,"regulatoryAum":34101037},{"label":"High-net-worth individuals","clients":65,"regulatoryAum":290328920},{"label":"Pension and profit-sharing plans","clients":5,"regulatoryAum":14320870}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":3000000,"pct":0.9,"from":1000000},{"to":5000000,"pct":0.75,"from":3000000},{"to":null,"pct":0.5,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018536","versionId":1018536,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-13","documentName":"DFM ADV PART 2A BROCHURE","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":5000},{"role":"other","program":"Financial Planning","summary":"Free for advisory clients as a courtesy; other clients pay a fixed fee based on complexity or an hourly rate of $350.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018536","versionId":1018536,"submittedOn":"2026-03-13","documentName":"DFM ADV PART 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T09:58:22.437843+00:00","documents":[{"name":"DFM ADV PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018536","versionId":1018536,"submittedOn":"2026-03-13"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":268593315},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":57430337}],"custodyNote":"Diversified Financial Management Associates has custody of $60.1M in client assets for 31 clients.","leadership":[{"name":"Henry Place","title":"President and Chief Compliance Officer","crd":"5862403"}],"ownership":[{"label":"Henry Place","detail":"President and chief compliance officer in the 75% or more ownership band and a control person, since May 2014."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Massachusetts","offices":2,"addresses":[{"street":"80 Washington Street, Building E-13","city":"Norwell","headquarters":true},{"street":"20 Walnut Street","city":"Wellesley Hills"}]}],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"781-792-0440","stateRegisteredReps":3,"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","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":42},{"label":"U.S. government/agency bonds","percent":2},{"label":"U.S. state and local bonds","percent":3},{"label":"Investment grade corporate bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":30},{"label":"Cash and cash equivalents","percent":18}],"privateFunds":0},"sources":{"adv1FilingDate":"13 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/171813/PDF/171813.pdf","brochureDate":"13 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018536","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 Diversified Financial Management Associates have?","answer":"Diversified Financial Management Associates has 144 clients and manages $339 million for them, as of March 2026. They include 74 individual clients, 65 high-net-worth individuals, and 5 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 13 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Diversified Financial Management Associates offer?","answer":"Diversified Financial Management Associates provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, educational seminars, education planning, estate planning, insurance, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Diversified Financial Management Associates charge?","answer":"Diversified Financial Management Associates charges 0.50%–1.00% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $5,000 annual minimum.","source":"DFM ADV PART 2A BROCHURE, filed 13 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Diversified Financial Management Associates use?","answer":"Diversified Financial Management Associates’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $269M and Charles Schwab & Co., Inc. (San Francisco, CA), with $57.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Diversified Financial Management Associates have?","answer":"Diversified Financial Management Associates has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Diversified Financial Management Associates invest in?","answer":"At the end of its last fiscal year, Diversified Financial Management Associates’ separately managed accounts held 42% exchange-traded equities, 30% registered funds (mutual funds, ETFs, BDCs), 18% cash and equivalents, 5% investment grade corporate bonds, 3% state and local bonds and 2% 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 Diversified Financial Management Associates?","answer":"Diversified Financial Management Associates’ direct owner is Henry Place (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 13 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Diversified Financial Management Associates get paid?","answer":"Diversified Financial Management Associates 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 Diversified Financial Management Associates registered with the SEC?","answer":"Yes, Diversified Financial Management Associates has been registered with the SEC as an investment adviser since 13 June 2014. Its CRD number is 171813 and its SEC file number is 801-79902.","source":"Form ADV Part 1A, Item 1, filed 13 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Diversified Financial Management Associates?","answer":"Diversified Financial Management Associates’ main office is at 80 Washington Street, Building E-13, Norwell, MA 02061-1729. Its phone number is 781-792-0440. Its website is dfmwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 13 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."}