Wealth manager, independent · Boston, MA
Twin Focus Capital Partners, LLC
SEC-registered investment adviser · CRD 140522 · SEC 801-66717
At a glance
Twin Focus Capital Partners, LLC is an SEC-registered investment adviser based in Boston, Massachusetts, with $4.6B in regulatory assets under management as of its Form ADV filed April 30, 2026. It reports 75 individual clients, 74 of them high-net-worth, holding an average of about $60 million each, and 37 employees. That ranks it 249th among the nation’s 5,657 independent wealth management RIAs and 18th of 202 in Massachusetts. It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, Fidelity and Vanguard.
Main office 617-720-4500twinfocus.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $4.6B
- Rank among independent wealth managers
- #249 of 5,657
- Rank among all SEC RIAs
- #2,226 of 17,210
- Rank in Massachusetts
- #18 of 202
- Individual clients
- 75
- High-net-worth clients
- 74
- Accounts
- 77
- Discretionary
- 76% of AUM
- Employees
- 37
- Advisory staff
- 18
- Offices
- 1
Owners and executives on its Form ADV
- Paul KargerManaging Member
- Wesley KargerManaging Member
- John PantekidisChief Investment Officer, Chief Compliance Officer, General Counsel
- Jonathan T. PerryChief Financial Officer, Chief Operating Officer
- DAVID A. DAGLIOGlobal Investment Strategist
- Laurence J. GrosbaumManaging Director, Portfolio Management
Custody and brokerage
Broker-dealer
No broker-dealer ties
Twin Focus Capital Partners, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 74 | $4.5B | 98% |
| Pooled investment vehicles | 6 | $55M | 1% |
| Other | 2 | $20M | <1% |
| Individuals | 1 | $1M | <1% |
Private funds
Twin Focus Capital Partners, LLC reports 6 private funds with $55M in gross assets: real estate funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Twin Focus Capital Partners, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗twinfocus.com ↗
AtlasMembers
The full record on Twin Focus Capital Partners, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 883 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Massachusetts
All of Massachusetts →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Grimes & CompanyWestborough | $6.3B | 3,660 |
| GC Wealth Management RIA, LLCCambridge | $5.8B | 247 |
| New England Private Wealth Advisors, LLCWellesley | $5.1B | 376 |
| Reynders, McVeigh Capital Management, LLCBoston | $4.2B | 704 |
| Castle Rock Advisors LLCBoston | $3.9B | 37 |
| St. Germain Investment ManagementSpringfield | $3.8B | 6,461 |
Background
Questions
How much does Twin Focus Capital Partners, LLC manage?
Twin Focus Capital Partners, LLC reports $4.6B in regulatory assets under management across 77 accounts, 76% of it on a discretionary basis, on its Form ADV filed April 30, 2026.
How many clients does Twin Focus Capital Partners, LLC have?
It reports 75 individual clients: 74 high-net-worth individuals and 1 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Twin Focus Capital Partners, LLC headquartered?
Its main office is in Boston, Massachusetts. It reports 1 office in total and 37 employees, 18 of whom perform investment advisory functions.
How does Twin Focus Capital Partners, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; performance-based fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Twin Focus Capital Partners, LLC use?
It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, Fidelity and Vanguard. On Schedule D of its Form ADV filed April 30, 2026, it reports these amounts held: Charles Schwab ($1.8B); Fidelity ($1.3B); Vanguard ($334M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Twin Focus Capital Partners, LLC a hybrid RIA with a broker-dealer?
Twin Focus Capital Partners, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Twin Focus Capital Partners, LLC a fiduciary?
As an SEC-registered investment adviser, Twin Focus Capital Partners, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Twin Focus Capital Partners, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-04-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →