DELPHI MANAGEMENT INC

Advisory Business

Type of Organization	Corporation
Fiscal Year End	DECEMBER
Legal Location	Massachusetts, United States

Employees

Total Number of Employees	4
Investment Advisory/Research	4
Registered Broker-Dealer Representatives	0
Registered State Investment Advisers	0
Licensed Agents of an Insurance Company	0
No. of Firms/People that Solicit Clients	0

RAUM

Provides Management of Securities Portfolios	Yes

Type	Accounts	RAUM
Discretionary	28	$103.0M
Non-Discretionary	0	$0
Total	28	$103.0M

Clients

Type	Number	RAUM
Individuals	0	$0
HNW Individuals	27	$90.2M
Banking or thrift institutions	0	$0
Investment companies	0	$0
Business development companies	0	$0
Pooled investment vehicles	0	$0
Pension and profit sharing plans	0	$0
Charitable organizations	<5	$12.8M
State or municipal gov entities	0	$0
Other investment advisers	0	$0
Insurance companies	0	$0
Sovereign wealth funds and foreign official institutions	0	$0
Corporations or other businesses	0	$0
Other	0	$0

Type	Number
No. of Non-RAUM Clients	0
No. of Non-U.S. Clients	0
No. of Financial Planning Clients	0

Services

Advisory Services	Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients
Compensation	% of AUM

Wrap Fee Program

Offers Wrap Fee Program	Yes

Acting As	RAUM
Sponsor	0
Portfolio Manager	17.8M
Both for Same	0

Portfolio Manager to Program	Sponsor
MORGAN STANLEY WEALTH MANAGEMENT	MORGAN STANLEY WEALTH MANAGEMENT

Identifiers

SEC RIA File Number	801-18367
SEC ERA File Number	801-18367
SEC CIK Numbers	767684
SEC CRD Numbers	106042
Legal Entity Identifier	None

Principal Office

9 SEARS RD
BROOKLINE
MA
United States

Websites

Chief Compliance Officer

No. Employees, Historic

RAUM, Historic

No. Clients, Historic