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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

PIERSHALE FINANCIAL GROUP, INC.

CRD 156862

BARRINGTON, IL

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:7976cb5c-c344-4a3c-753e-a942a1ff6a69

Data as of Jan 20, 2023 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:26 PM UTC and rebuilt at most every 15 minutes.

Relationships: 8
Dated events: 3
On other graphs: 0
Observed: Mar 27, 2012 to Jan 20, 2023
26 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: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $264MItem 5.F on the latest filing (2023-01-20); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $243M
Private client RAUM: $264MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 8
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 1,412
Individual clients: 366
High net worth clients: 69
SEC number: 801-72209
CRD: 156862
Filings on the tape: 26
First filed: Mar 27, 2012
Latest filed: Jan 20, 2023
Organised: Corporation, Illinois

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
MICHAEL DENNIS PIERSHALE LIVING TRUST	DIRECT OWNER	E	yes	04/2011	Mar 27, 2012	Jan 20, 2023
PIERSHALE, MICHAEL, DENNIS	Trustee	F	yes	04/2002	Mar 27, 2012	Jan 20, 2023
PIERSHALE, MICHAEL, DENNIS	CHIEF COMPLIANCE OFFICER	Na	yes	02/2012	Mar 27, 2012	Jan 20, 2023

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
2022	Jan 20, 2023	$264M	$243M	8	4	0	n/a	n/a
2021	Feb 14, 2022	$296M	$274M	8	4	0	n/a	n/a
2020	Feb 22, 2021	$247M	$226M	7	4	0	n/a	n/a
2019	Mar 9, 2020	$216M	$196M	7	4	0	n/a	n/a
2018	Feb 7, 2019	$227M	$203M	7	4	0	n/a	n/a
2017	Mar 15, 2018	$251M	$196M	7	4	0	n/a	n/a
2016	Mar 23, 2017	$217M	$162M	7	3	n/a	n/a	n/a
2015	Mar 15, 2016	$212M	$168M	7	3	n/a	n/a	n/a
2014	Mar 18, 2015	$209M	$164M	8	3	n/a	n/a	n/a
2013	Feb 24, 2014	$138M	$138M	8	3	n/a	n/a	n/a
2012	Mar 19, 2013	$131M	$131M	8	3	n/a	n/a	n/a
2011	Mar 27, 2012	$129M	$129M	n/a	n/a	n/a	n/a	n/a

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
2022	$264M	$296M	-10.7%	$216M	7.0%	8	8	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
APOLLON WEALTH MANAGEMENT, LLC	2	Sep 26, 2023	Jun 29, 2023	BARRINGTON, IL	Team lift out	RIA to RIA	100.0%

Relationships

Controls (2)

← PIERSHALE, MICHAEL, DENNISOwnerTRUSTEE, ownership code F, individual
Mar 27, 2012 to presentfactForm ADV
← MICHAEL DENNIS PIERSHALE LIVING TRUSTOwnerDIRECT OWNER, ownership code E, domestic entity
Mar 27, 2012 to presentfactForm ADV

Registered with (4)

← BAHMAN KUSHA BARZIDEHAdvisorregistration: previous registration
Aug 3, 2011 to Sep 26, 2023factForm ADV
← MATTHEW DAVID NADEAUAdvisorregistration: previous registration
Aug 3, 2011 to Sep 26, 2023factForm ADV
← JOHN MATTHEW PIERSHALEAdvisorregistration: previous registration
Aug 1, 2013 to Jun 20, 2019factForm ADV
← GERY JOSEPH SADZEWICZAdvisorregistration: previous registration
Apr 4, 2011 to Jan 17, 2012factForm ADV

Moved with (1)

→ APOLLON WEALTH MANAGEMENT, LLCRegistered adviser2 advisors, team lift out, same day
Sep 26, 2023 to Jun 29, 2023factForm ADV

Dated events

Occurred
Sep 26, 2023
Team lift-out
2 advisors left Piershale Financial Group, Inc. (Barrington, IL) for Apollon Wealth Management, LLC on the same day
Form ADVobserved 6 days ago
2 advisors
Occurred
Sep 26, 2023
Advisor changed firm
Bahman Kusha Barzideh left Piershale Financial Group, Inc. for Apollon Wealth Management, Llc (registered 2023-06-29)
Form ADVobserved 6 days ago
Occurred
Sep 26, 2023
Advisor changed firm
Matthew David Nadeau left Piershale Financial Group, Inc. for Apollon Wealth Management, Llc (registered 2023-06-29)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:7976cb5c-c344-4a3c-753e-a942a1ff6a69
First observed: Mar 27, 2012
Last observed: Jan 20, 2023 44 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.

PIERSHALE FINANCIAL GROUP, INC.

CRD 156862

BARRINGTON, IL

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:7976cb5c-c344-4a3c-753e-a942a1ff6a69

Data as of Jan 20, 2023 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:26 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MICHAEL DENNIS PIERSHALE LIVING TRUST

DIRECT OWNER

yes

04/2011

Mar 27, 2012

Jan 20, 2023

PIERSHALE, MICHAEL, DENNIS

Trustee

yes

04/2002

Mar 27, 2012

Jan 20, 2023

PIERSHALE, MICHAEL, DENNIS

CHIEF COMPLIANCE OFFICER

yes

02/2012

Mar 27, 2012

Jan 20, 2023

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2022

Jan 20, 2023

$264M

$243M

n/a

2021

Feb 14, 2022

$296M

$274M

n/a

2020

Feb 22, 2021

$247M

$226M

n/a

2019

Mar 9, 2020

$216M

$196M

n/a

2018

Feb 7, 2019

$227M

$203M

n/a

2017

Mar 15, 2018

$251M

$196M

n/a

2016

Mar 23, 2017

$217M

$162M

n/a

2015

Mar 15, 2016

$212M

$168M

n/a

2014

Mar 18, 2015

$209M

$164M

n/a

2013

Feb 24, 2014

$138M

n/a

2012

Mar 19, 2013

$131M

n/a

2011

Mar 27, 2012

$129M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2022

$264M

$296M

-10.7%

$216M

7.0%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

APOLLON WEALTH MANAGEMENT, LLC

Sep 26, 2023

Jun 29, 2023

BARRINGTON, IL

Team lift out

RIA to RIA

100.0%