SourcingSourcing

COVALENT PARTNERS LLC

B61
CRD 140494·SEC 801-66656·CONCORD, MA
AUM
$117.3M
$100M-$500M
Est. Revenue
$1.2M
@ 1% on AUM
Est. EBITDA
$352K
@ 30% margin
Est. Deal Value
$2.8M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
COVALENT PARTNERS LLC
CRD
140494
SEC file #
801-66656
EIN
204576502
DBA names
—

Economics

AUM
$117.3M
AUM band
$100M-$500M
AUM trajectory
'20'26
$182.3M → $117.3M▼ -36%
Client mix
Pooled Investment Vehicles2

Operations

Employees (total)
4
Advisory staff (per ADV)
4
Advisory staff (5-yr trend)
'20'26
6 advisors → 4 advisors▼ -33%
Primary office
CONCORD MA
Branches
—

Custodian & Brokerage

Primary custodian
Goldman Sachslow confidence
Services offered
Portfolio mgmt — pooled vehicles
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
03/30/2026
ADV-W filed at
—
Website
covalentpartnersllc.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
BENJES, WILLIAM, DUNCAN
Top Owner Pct
37.5
Top Owner Entity Kind
I
Owner Count
4
Control Persons
BENJES, WILLIAM, DUNCAN
LAMONDA, BRETT, DAVID
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
COVALENTPARTNERSLLC.COM
Rdap Domain Creation Date
2005-07-15T20:23:49Z
Rdap Firm Age Years
21
Rdap Firm Age Band
20+y
Rdap Registrar
GoDaddy.com, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
Yes
Form 5500 Plan Count
1
Form 5500 Total Participants
559
Form 5500 Compensation Trajectory 3y
20240
Form 5500 Plan Count Trajectory 3y
20241
Schedule C Service Provider Rows
1

SEC EDGAR

Edgar Cik
0001456168
Edgar Registered
Yes
Edgar Filing Count
18
Edgar First Filing Date
2009-02-26
Edgar Last Filing Date
2025-09-24
Edgar Form D Count
17
Edgar Form D Offerings
2025-09-242025-09-24 · 0001456168-25-000002
2024-09-272024-09-27 · 0001456168-24-000001

Compliance & brand

Firm Registration Status
active

All other collected signals (17)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
0
Bc Firm IAR Count
0
Custodian Candidates
Full
Goldman Sachs6
E*trade4
Morgan Stanley3
Edgar Addresses
Mailing
30 MONUMENT SQUARESUITE 250CONCORD, MA 01742
Business
30 MONUMENT SQUARESUITE 250CONCORD, MA 01742
Edgar EIN
204576502
Edgar Recent Filings
D/A2025-09-24 · 0001456168-25-000002
D/A2024-09-27 · 0001456168-24-000001
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2026-07-15T20:23:49Z
Rdap Domain Last Changed
2024-07-16T14:32:21Z
Rdap Nameservers
Glen.ns.cloudflare.comKia.ns.cloudflare.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Delete ProhibitedClient Renew ProhibitedClient Transfer ProhibitedClient Update Prohibited
Top Owner CRD
2327899
Trust Company Affiliate
Yes

People (4)

4
BENJES, WILLIAM, DUNCAN
Direct Owner · 37.5%
2327899
LAMONDA, BRETT, DAVID
Direct Owner · 37.5%
5081067
HOCKETT, ROBERT, LEE
Direct Owner · 7.5%
1984566
Mattera, Gail, Kelly
Executive Officer · 2.5%
7519161