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Proficio Capital Partners, LLC

Multifamily office listing in Newton, Massachusetts, United States.

  • SEC-registered
  • Founded 2014
Regulatory AUM
$8.2 billion
Employees
25
Founded
2014
SEC CRD
269931

Proficio Capital Partners is a Newton, Massachusetts multi-family office providing bespoke investment management and integrated planning for families.1

Overview

Founded in 2014, Proficio combines investment management with planning across wealth transfer, estate planning, philanthropy, tax planning, administration, risk management, and family governance.2

History

Proficio Capital Partners was founded in 2014.1

Leadership

Matthew Wosk is Founder, Partner, and Chief Executive Officer. Bob Haber is Founder, Partner, and Chief Investment Officer.3

Justin Sussman is Partner and Chief Operating Officer. Sheldon Hanau is Partner and Chief Strategy Officer. Lauren Maughan Denklau is Partner, Chief Administration Officer, and Head of Investor Relations.3

The firm’s senior leaders report more than 150 years of combined investment and markets experience.3

Services

Proficio provides bespoke investment management and integrated family planning. Its planning services include wealth transfer, estate planning, philanthropy, tax planning, administrative services, risk management, and family governance.2

The firm offers access to equity, debt, alternative private, and direct investment opportunities, including investments in real estate, infrastructure, and technology.4

What the firm offers

  • Investment management
  • Tax planning
  • Estate planning
  • Philanthropy
  • Family governance and education
  • Administration and bill pay
  • Risk and insurance
  • Private and alternative investments

Client Focus

Proficio reports that its average account sizes are usually in the tens to hundreds of millions. It also reports a client-to-employee ratio of around 3 to 1.5

Approach

Proficio describes its investment philosophy as focused on wealth preservation and after-tax, after-fee, risk-adjusted returns.6

The firm uses opportunistic diversification across asset classes and securities through internally managed and externally managed investment vehicles.6

Proficio says it invests alongside clients on the same terms after due diligence by its research team and legal counsel.4

The firm identifies as an objective advice provider and says it generally does not sell traditional brokerage products or receive compensation for products used by clients.7

Assets and Minimums

Proficio reports high average account sizes, usually in the tens to hundreds of millions.5

By the numbers

Regulatory AUM by year$0K$2.2B$4.5B$6.7B$9.0B2016201720182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 269931. As of .
Regulatory assets under management
YearRegulatory AUMDiscretionaryNon-discretionary
2016$374 million$374 million$0
2017$670 million$500 million$170 million
2018$837 million$700 million$137 million
2019$828 million$783 million$45 million
2020$2.0 billion$1.9 billion$117 million
2021$2.4 billion$2.2 billion$140 million
2022$2.9 billion$2.6 billion$222 million
2023$3.2 billion$2.9 billion$232 million
2025$4.0 billion$3.6 billion$421 million
2026$8.2 billion$7.6 billion$536 million
Average AUM per client by year$0K$14M$28M$42M$56M20182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 269931. Regulatory AUM divided by the client count reported in Item 5D. Client types reported as fewer than 5 are not counted, so this is approximate. As of .
Average AUM per client
YearAverage AUM per client
2018$20 million
2019$16 million
2020$29 million
2021$32 million
2022$34 million
2023$30 million
2025$27 million
2026$51 million
Clients by type (2026)High net worth individuals143Pooled investment vehicles9Other advisers6Investment companies1Corporations1
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 269931. "<5" means the firm reported fewer than 5 clients of that type. As of .
Clients by type
Client typeClients (2026)
High net worth individuals143
Investment companies1
Pooled investment vehicles9
Other advisers6
Corporations1
Employees by year071421282016201720182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 269931. As of .
Employees reported on Form ADV
YearEmployees
20165
20176
20189
201910
202012
202114
202216
202316
202521
202625

Ranks #3 of 10 SEC-registered firms in MA on MultifamilyOffices.com by regulatory AUM.

Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 269931. Ranking uses only firms profiled on MultifamilyOffices.com. As of .

FAQs

What type of firm is Proficio Capital Partners?

Proficio Capital Partners is a Newton, Massachusetts multi-family office that provides investment management and integrated planning for families.1

What investment opportunities does Proficio offer?

The firm offers equity, debt, alternative private, and direct investment opportunities, including real estate, infrastructure, and technology investments.4

Is Proficio Capital Partners registered with the SEC?

Proficio Capital Partners LLC is listed in the SEC Investment Adviser Public Disclosure system under CRD 269931.8

  • LocationMultifamily offices in Massachusetts

    This Massachusetts directory helps families compare multi-family office options by location and service focus. It gives a reader considering Proficio Capital Partners a broader regional reference point for evaluating investment management, planning, administration, and family governance providers.

  • Network siteEstatePlanner.com

    EstatePlanner.com offers plain language guides on wills, trusts, estate taxes, and related decisions. Families considering Proficio Capital Partners can use these materials to prepare questions about estate planning and understand how those needs may connect with investment management, philanthropy, and family governance.

  • Network siteFamilyOffices.com

    FamilyOffices.com provides educational resources and a community focused on single family offices and wealthy families. Its articles can help a business owner or family assess which responsibilities to keep in-house and which to seek through services such as administration, private investments, education, or planning.

  • GuideOutsourced CIO vs multifamily office

    This comparison explains how an outsourced chief investment officer differs from a multi-family office in structure, scope, and client relationship. It can help a family decide whether it wants investment focused support or a broader arrangement that also includes tax, estate, risk, administration, and governance work.

  • Similar firmsBallentine Partners
    Daintree Advisors LLC
    Diversified Financial Management

    Profiles of Ballentine Partners, Daintree Advisors LLC, and Diversified Financial Management provide additional points of comparison within this site's directory. Reviewing these firms alongside Proficio Capital Partners can help a family consider differences in service mix, regional presence, investment approach, and fit for its planning needs.

Sources

  1. Proficio Capital Partners on LinkedIn
  2. Proficio Capital Partners, About Us
  3. Proficio Capital Partners, People
  4. Proficio Capital Partners, Direct Investments
  5. Proficio Capital Partners, Our Characteristics
  6. Proficio Capital Partners
  7. SEC Investment Adviser Public Disclosure, Proficio Capital Partners LLC

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.

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