DFX Intelligence

Data Factory

RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM under $100M

INVESTMENT RESEARCH CORP

CRD 108208

DENVER, CO

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:5a89db92-4d3b-7a5f-3554-9f3dc5878fa2

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:47 PM UTC and rebuilt at most every 15 minutes.

Relationships: 35
Dated events: 2
On other graphs: 0
Observed: Jan 19, 2012 to Mar 30, 2026
32 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.66 fund_share=0.26 institutional_share=0.08 related_bd=true related_bank=false bd_reps=15.0
Regulatory AUM: $76.3MItem 5.F on the latest filing (2026-03-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $19.9M
Private client RAUM: $50.7MderivedItem 5.D individuals plus high net worth individuals
Private client share: 66%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 16
RAUM per advisor: $4.8Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 21
Advisory employees: 16
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 166
Individual clients: 159
High net worth clients: 4
SEC number: 801-8599
CRD: 108208
Filings on the tape: 32
First filed: Jan 19, 2012
Latest filed: Mar 30, 2026
Organised: Corporation, CO
Website: invresearch.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
TIMOTHY EUGENE TAGGART	n/a	DENVER, CO \| Denver, CO	22	29	1	yes
BRIAN JOSEPH REGAN	n/a	PITTSBURGH, PA \| DENVER, CO	16	39	3	yes
PAUL WILLIAM FOSTER	n/a	Saint Clairsville, OH \| DENVER, CO	15	21	1	yes
JOHN EUGENE WEIDNER	Chartered Financial Consultant	COLORADO SPRINGS, CO \| DENVER, CO \| Mesa, AZ	14	35	1	yes
BYRON KUM WAH LEONG	n/a	DENVER, CO \| Honolulu, HI	11	40	3	yes
MICHAEL VANZANDT SUMMERS	Certified Financial Planner	York, PA \| DENVER, CO	9	41	n/a	yes
TODD CHRISTIAN SMITH	n/a	Silverton, OR \| DENVER, CO	9	28	5	yes
MARK D MANBER	n/a	KINGWOOD, TX \| DENVER, CO	9	30	1	yes
MICHAEL JAMES THROCKMORTON	Certified Financial Planner\|Chartered Financial Consultant	Saint Clairsville, OH \| DENVER, CO	6	23	4	no
JOE MORRIS ZIMMERMAN	n/a	DENVER, CO \| Houston, TX	5	26	2	yes
JASON ERIC ANDERSON	n/a	DENVER, CO \| Raleigh, NC	4	19	1	yes
CHRISTINE SIONIA NEILSON	n/a	DENVER, CO \| Rancho Mirage, CA	2	32	5	yes
Heidi Sue Kennedy	Chartered Financial Consultant	Claysburg, PA \| DENVER, CO	1	24	3	yes
ERIC WEI TING LIN	n/a	DENVER, CO \| Rancho Santa Margarita, CA	1	13	5	yes
Matthew David Raves	n/a	Lago Vista, TX \| DENVER, CO	0	13	3	yes
JAMES ANTHONY PANZER	n/a	Champaign, IL \| DENVER, CO	0	22	1	yes

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BLUM, PATRICIA, ANN	VICE PRESIDENT	Na	yes	06/2013	Jul 15, 2013	Mar 27, 2024
GAUGHAN, MICHAEL, LAWRENCE	VICE PRESIDENT AND CORPORATE SECRETARY	Na	yes	09/2004	Jan 19, 2012	Mar 27, 2024
TAGGART, TIMOTHY, EUGENE	PRESIDENT, TREASURER AND CHIEF COMPLIANCE OFFICER	E	yes	04/2004	Jan 19, 2012	Mar 27, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
WORLD CAPITAL ADVISORS, LLC	n/a	Independent wealth	$72.0M	Y	yes	n/a
AMERICAN GROWTH FINANCIAL SERVICES	n/a	n/a	n/a	Y	yes	n/a
WORLD CAPITAL BROKERAGE, INC.	n/a	n/a	n/a	Y	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 30, 2026	$76.3M	$19.9M	21	16	0	n/a	n/a
2024	Mar 6, 2025	$63.4M	$20.2M	17	14	0	n/a	n/a
2023	Mar 27, 2024	$52.0M	$18.5M	17	15	0	n/a	n/a
2022	Mar 3, 2023	$43.5M	$16.2M	18	16	0	n/a	n/a
2021	Mar 25, 2022	$52.7M	$22.2M	16	14	0	n/a	n/a
2020	Mar 22, 2021	$42.1M	$20.2M	16	14	0	n/a	n/a
2019	Mar 27, 2020	$42.1M	$20.2M	12	10	0	n/a	n/a
2018	Mar 1, 2019	$35.2M	$15.7M	16	14	0	n/a	n/a
2017	Mar 26, 2018	$36.9M	$18.0M	18	15	0	n/a	n/a
2016	Mar 28, 2017	$51.3M	$17.2M	17	14	n/a	n/a	n/a
2015	Jan 29, 2016	$27.2M	$16.3M	15	9	n/a	n/a	n/a
2014	Jan 23, 2015	$30.4M	$25.1M	15	11	n/a	n/a	n/a
2013	Jan 28, 2014	$29.0M	$22.4M	7	2	n/a	n/a	n/a
2012	Apr 1, 2013	$21.6M	$16.9M	8	2	n/a	n/a	n/a
2011	Jan 19, 2012	$19.2M	$15.4M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
2	0	2	0.0%	1	0	0	6	2

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$76.3M	$63.4M	20.3%	$43.5M	20.6%	21	17	0	0

Relationships

Registered with (26)

← JAMES ANTHONY PANZERAdvisorregistration: current employment
Jul 30, 2026 to presentfactForm ADV
← Matthew David RavesAdvisorregistration: previous registration
Apr 2, 2024 to Sep 3, 2024factForm ADV
← ERIC WEI TING LINAdvisorregistration: current employment
May 8, 2025 to presentfactForm ADV
← Heidi Sue KennedyAdvisorregistration: current employment
Apr 17, 2025 to presentfactForm ADV
← CHRISTINE SIONIA NEILSONAdvisorregistration: current employment
Feb 8, 2024 to presentfactForm ADV
← JASON ERIC ANDERSONAdvisorregistration: current employment
Jan 27, 2022 to presentfactForm ADV
← JOE MORRIS ZIMMERMANAdvisorregistration: current employment
Jan 4, 2021 to presentfactForm ADV
← MICHAEL JAMES THROCKMORTONAdvisorregistration: previous registration
Jan 3, 2011 to Dec 31, 2018factForm ADV
← MARK D MANBERAdvisorregistration: current employment
May 31, 2017 to presentfactForm ADV
← TODD CHRISTIAN SMITHAdvisorregistration: current employment
Feb 14, 2017 to presentfactForm ADV
← MICHAEL VANZANDT SUMMERSAdvisorregistration: current employment
Oct 10, 2016 to presentfactForm ADV
← BYRON KUM WAH LEONGAdvisorregistration: current employment
Feb 3, 2015 to presentfactForm ADV
← JOHN EUGENE WEIDNERAdvisorregistration: current employment
Jan 9, 2012 to presentfactForm ADV
← PAUL WILLIAM FOSTERAdvisorregistration: current employment
Jan 4, 2011 to presentfactForm ADV
← BRIAN JOSEPH REGANAdvisorregistration: current employment
Jul 22, 2010 to presentfactForm ADV
← TIMOTHY EUGENE TAGGARTAdvisorregistration: previous registration
Apr 16, 2004 to Dec 31, 2004factForm ADV
← Phillip Ryan HortonAdvisorregistration: previous registration
Apr 25, 2023 to Aug 22, 2024factForm ADV
← JOSEPH MICHAEL COSTELLOAdvisorregistration: previous registration
Jan 16, 2018 to Dec 3, 2019factForm ADV
← STEPHEN STANLEY WEBBAdvisorregistration: previous registration
Nov 25, 2015 to Dec 5, 2017factForm ADV
← JEREMY SCOTT EATONAdvisorregistration: previous registration
Feb 14, 2017 to Sep 21, 2017factForm ADV
← Christine Mitchell McCaffertyAdvisorregistration: previous registration
Sep 12, 2011 to Sep 23, 2015factForm ADV
← BRYCE CARROLL JOHNSONAdvisorregistration: previous registration
Jan 1, 2010 to Feb 9, 2015factForm ADV
← MARIA ELIZABETH BONGIOVANNIAdvisorregistration: previous registration
May 24, 2012 to Aug 15, 2012factForm ADV
← JASON WAYNE BAIRDAdvisorregistration: previous registration
Jun 7, 2012 to Aug 15, 2012factForm ADV
← JOHN ROGER MCGONAGLEAdvisorregistration: previous registration
Aug 11, 2010 to Apr 27, 2011factForm ADV
← GARY RAYMOND MCCARVERAdvisorregistration: previous registration
Apr 6, 2009 to Nov 23, 2010factForm ADV

Affiliated with (2)

→ WORLD CAPITAL ADVISORS, LLCRegistered adviserother investment adviser, control, common control
factForm ADV
← WORLD CAPITAL ADVISORS, LLCRegistered adviserother investment adviser, control, common control
factForm ADV

Controls (3)

← TAGGART, TIMOTHY, EUGENEOwnerPRESIDENT, TREASURER AND CHIEF COMPLIANCE OFFICER, ownership code E, individual
Jan 19, 2012 to Mar 27, 2024factForm ADV
← GAUGHAN, MICHAEL, LAWRENCEOwnerVICE PRESIDENT AND CORPORATE SECRETARY, ownership code NA, individual
Jan 19, 2012 to Mar 27, 2024factForm ADV
← BLUM, PATRICIA, ANNOwnerVICE PRESIDENT, ownership code NA, individual
Jul 15, 2013 to Mar 27, 2024factForm ADV

Dated events

Occurred
Sep 3, 2024
Advisor changed firm
Matthew David Raves left Investment Research Corp for Kestra Private Wealth Services, Llc (registered 2024-09-03)
Form ADVobserved 4 days ago
Occurred
Aug 22, 2024
Advisor changed firm
Phillip Ryan Horton left Investment Research Corp for Osaic Wealth, Inc. (registered 2024-08-23)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:5a89db92-4d3b-7a5f-3554-9f3dc5878fa2
First observed: Jan 19, 2012
Last observed: Mar 30, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

INVESTMENT RESEARCH CORP

CRD 108208

DENVER, CO

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:5a89db92-4d3b-7a5f-3554-9f3dc5878fa2

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:47 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

TIMOTHY EUGENE TAGGART

n/a

DENVER, CO | Denver, CO

yes

BRIAN JOSEPH REGAN

n/a

PITTSBURGH, PA | DENVER, CO

yes

PAUL WILLIAM FOSTER

n/a

Saint Clairsville, OH | DENVER, CO

yes

JOHN EUGENE WEIDNER

Chartered Financial Consultant

COLORADO SPRINGS, CO | DENVER, CO | Mesa, AZ

yes

BYRON KUM WAH LEONG

n/a

DENVER, CO | Honolulu, HI

yes

MICHAEL VANZANDT SUMMERS

Certified Financial Planner

York, PA | DENVER, CO

n/a

yes

TODD CHRISTIAN SMITH

n/a

Silverton, OR | DENVER, CO

yes

MARK D MANBER

n/a

KINGWOOD, TX | DENVER, CO

yes

MICHAEL JAMES THROCKMORTON

Certified Financial Planner|Chartered Financial Consultant

Saint Clairsville, OH | DENVER, CO

JOE MORRIS ZIMMERMAN

n/a

DENVER, CO | Houston, TX

yes

JASON ERIC ANDERSON

n/a

DENVER, CO | Raleigh, NC

yes

CHRISTINE SIONIA NEILSON

n/a

DENVER, CO | Rancho Mirage, CA

yes

Heidi Sue Kennedy

Chartered Financial Consultant

Claysburg, PA | DENVER, CO

yes

ERIC WEI TING LIN

n/a

DENVER, CO | Rancho Santa Margarita, CA

yes

Matthew David Raves

n/a

Lago Vista, TX | DENVER, CO

yes

JAMES ANTHONY PANZER

n/a

Champaign, IL | DENVER, CO

yes

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BLUM, PATRICIA, ANN

VICE PRESIDENT

yes

06/2013

Jul 15, 2013

Mar 27, 2024

GAUGHAN, MICHAEL, LAWRENCE

VICE PRESIDENT AND CORPORATE SECRETARY

yes

09/2004

Jan 19, 2012

Mar 27, 2024

TAGGART, TIMOTHY, EUGENE

PRESIDENT, TREASURER AND CHIEF COMPLIANCE OFFICER

yes

04/2004

Jan 19, 2012

Mar 27, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

WORLD CAPITAL ADVISORS, LLC

n/a

Independent wealth

$72.0M

yes

n/a

AMERICAN GROWTH FINANCIAL SERVICES

n/a

yes

n/a

WORLD CAPITAL BROKERAGE, INC.

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$76.3M

$19.9M

n/a

2024

Mar 6, 2025

$63.4M

$20.2M

n/a

2023

Mar 27, 2024

$52.0M

$18.5M

n/a

2022

Mar 3, 2023

$43.5M

$16.2M

n/a

2021

Mar 25, 2022

$52.7M

$22.2M

n/a

2020

Mar 22, 2021

$42.1M

$20.2M

n/a

2019

Mar 27, 2020

$42.1M

$20.2M

n/a

2018

Mar 1, 2019

$35.2M

$15.7M

n/a

2017

Mar 26, 2018

$36.9M

$18.0M

n/a

2016

Mar 28, 2017

$51.3M

$17.2M

n/a

2015

Jan 29, 2016

$27.2M

$16.3M

n/a

2014

Jan 23, 2015

$30.4M

$25.1M

n/a

2013

Jan 28, 2014

$29.0M

$22.4M

n/a

2012

Apr 1, 2013

$21.6M

$16.9M

n/a

2011

Jan 19, 2012

$19.2M

$15.4M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$76.3M

$63.4M

20.3%

$43.5M

20.6%