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RIA / WealthRegistered adviserformer SEC adviserleft the SEC rosterRAUM under $100M

FG ADVISORY SERVICES, LLC.

CRD 329430

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:f9bd25d9-e8b7-d6e2-8bd0-7026fc2ecd10

Data as of Jun 16, 2025 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 12:24 AM UTC and rebuilt at most every 15 minutes.

Relationships: 18
Dated events: 10
On other graphs: 0
Observed: Dec 15, 2023 to Jun 16, 2025
12 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: $37.4MItem 5.F on the latest filing (2025-06-16); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $37.4M
Private client RAUM: $37.4MderivedItem 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: 7
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 273
Individual clients: 271
High net worth clients: 2
SEC number: 801-129361
CRD: 329430
Filings on the tape: 12
First filed: Dec 15, 2023
Latest filed: Jun 16, 2025
Organised: Limited Liability Company, DE
Website: fgadvisoryservices.com

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
MCLAY, SHANNON LALLY	Shareholder	D	yes	08/2017	Dec 15, 2023	Aug 1, 2024
MCLAY, SHANNON LALLY	PRESIDENT, CEO, CCO, AND SHAREHOLDER	Na	yes	12/2023	Dec 15, 2023	Aug 1, 2024
NEXT-GEN FINANCIAL LLC	Shareholder	C	yes	08/2017	Dec 15, 2023	Aug 1, 2024
THE FINANCIAL GYM, INC.	Owner	E	yes	07/2017	Dec 15, 2023	Aug 1, 2024
VAN ECK ASSOCIATES CORPORATION	Shareholder	C	yes	04/2021	Dec 15, 2023	Aug 1, 2024
JAN FREDERICK VAN ECK REVOCABLE TRUST, JAN VAN ECK TRUSTEE	Shareholder	D	no	04/2021	Jan 26, 2024	Aug 1, 2024
MCLAY, WILLIAM S	Shareholder	C	no	08/2017	Jan 26, 2024	Aug 1, 2024
VANECK, JAN, FREDERICK	Shareholder	E	no	04/2021	Jan 26, 2024	Aug 1, 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
VAN ECK ASSOCIATES CORPORATION	n/a	Asset manager	$126B	Y	no	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
2024	Apr 3, 2025	$37.4M	$37.4M	8	7	0	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
2024	$37.4M	n/a	n/a	n/a	n/a	8	n/a	0	n/a

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
CONNECTIVE WEALTH PARTNERS, LLC	3	Aug 19, 2025	Jul 29, 2025	NEW YORK, NY	Firm absorbed	RIA to new firm	50.0%

Relationships

Affiliated with (3)

← VAN ECK ASSOCIATES CORP.Registered adviserother investment adviser, control
factForm ADV
← VAN ECK ABSOLUTE RETURN ADVISERS CORP.Registered adviserother investment adviser, common control
factForm ADV
→ VAN ECK ASSOCIATES CORP.Registered adviserother investment adviser, control
factForm ADV

Registered with (6)

← JILL CHRISTINE WagnerAdvisorregistration: previous registration
Feb 6, 2025 to Aug 19, 2025factForm ADV
← KADRI CLAUDE AUGUSTINAdvisorregistration: previous registration
Feb 12, 2024 to Aug 19, 2025factForm ADV
← Joy Zilan LiuAdvisorregistration: previous registration
Feb 1, 2024 to Aug 19, 2025factForm ADV
← Garrett Dean FaulconerAdvisorregistration: previous registration
Apr 9, 2024 to Aug 19, 2025factForm ADV
← Tina HangAdvisorregistration: previous registration
Apr 1, 2024 to Aug 19, 2025factForm ADV
← Erika MoromisatoAdvisorregistration: previous registration
May 13, 2024 to Aug 19, 2025factForm ADV

Moved with (1)

→ CONNECTIVE WEALTH PARTNERS, LLCRegistered adviser4 advisors, firm absorbed, same day
Aug 19, 2025 to Jul 29, 2025factForm ADV

Owns (3)

← VANECK, JAN, FREDERICKOwnerSHAREHOLDER, ownership code E, individual
Jan 26, 2024 to Aug 1, 2024factForm ADV
← JAN FREDERICK VAN ECK REVOCABLE TRUST, JAN VAN ECK TRUSTEEOwnerSHAREHOLDER, ownership code D, domestic entity
Jan 26, 2024 to Aug 1, 2024factForm ADV
← MCLAY, WILLIAM SOwnerSHAREHOLDER, ownership code C, individual
Jan 26, 2024 to Aug 1, 2024factForm ADV

Controls (4)

← MCLAY, SHANNON LALLYOwnerSHAREHOLDER, ownership code D, individual
Dec 15, 2023 to Aug 1, 2024factForm ADV
← NEXT-GEN FINANCIAL LLCOwnerSHAREHOLDER, ownership code C, domestic entity
Dec 15, 2023 to Aug 1, 2024factForm ADV
← THE FINANCIAL GYM, INC.OwnerOWNER, ownership code E, domestic entity
Dec 15, 2023 to Aug 1, 2024factForm ADV
← VAN ECK ASSOCIATES CORPORATIONOwnerSHAREHOLDER, ownership code C, domestic entity
Dec 15, 2023 to Aug 1, 2024factForm ADV

Dated events

1 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Aug 19, 2025
Firm absorbed
FG Advisory Services, LLC.'s advisors moved to Connective Wealth Partners, LLC (New York, NY): 4 of 6 registered, on the same day
Form ADVobserved 3 days ago
4 advisors
Occurred
Aug 19, 2025
Advisor changed firm
Joy Zilan Liu left Fg Advisory Services, Llc. for Connective Wealth Partners, Llc (registered 2025-07-29)
Form ADVobserved 3 days ago
Occurred
Aug 19, 2025
Advisor changed firm
Garrett Dean Faulconer left Fg Advisory Services, Llc. for Connective Wealth Partners, Llc (registered 2025-06-02)
Form ADVobserved 3 days ago
Occurred
Aug 19, 2025
Advisor changed firm
Tina Hang left Fg Advisory Services, Llc. for Connective Wealth Partners, Llc (registered 2025-06-02)
Form ADVobserved 3 days ago
Occurred
Aug 19, 2025
Advisor changed firm
Erika Moromisato left Fg Advisory Services, Llc. for Connective Wealth Partners, Llc (registered 2025-06-03)
Form ADVobserved 3 days ago
Occurred
Aug 19, 2025
Advisor changed firm
Jill Christine Wagner left Fg Advisory Services, Llc. for Connective Wealth Partners, Llc (registered 2025-07-29)
Form ADVobserved 3 days ago
Occurred
Aug 19, 2025
Advisor changed firm
Kadri Claude Augustin left Fg Advisory Services, Llc. for Connective Wealth Partners, Llc (registered 2025-05-22)
Form ADVobserved 3 days ago
Occurred
Mar 27, 2024
Control person left
Ryan Calvin Persaud (Chief Compliance Officer) no longer on Schedule A of Fg Advisory Services, Llc. (listed 2024-03-18, absent 2024-03-27)
Form ADVobserved 3 days ago
Occurred
Dec 15, 2023
First Form ADV filing
The Financial Gym filed its initial SEC registration (Form ADV)
Form ADVobserved 3 days ago

Show 1 bookkeeping events

Occurred
Sep 2, 2025
Fg Advisory Services, Llc. no longer on the SEC adviser roster (last listed 2025-08-01, RAUM $37.4M)

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:f9bd25d9-e8b7-d6e2-8bd0-7026fc2ecd10
First observed: Dec 15, 2023
Last observed: Jun 16, 2025 15 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.

FG ADVISORY SERVICES, LLC.

CRD 329430

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:f9bd25d9-e8b7-d6e2-8bd0-7026fc2ecd10

Data as of Jun 16, 2025 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 12:24 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MCLAY, SHANNON LALLY

Shareholder

yes

08/2017

Dec 15, 2023

Aug 1, 2024

MCLAY, SHANNON LALLY

PRESIDENT, CEO, CCO, AND SHAREHOLDER

yes

12/2023

Dec 15, 2023

Aug 1, 2024

NEXT-GEN FINANCIAL LLC

Shareholder

yes

08/2017

Dec 15, 2023

Aug 1, 2024

THE FINANCIAL GYM, INC.

Owner

yes

07/2017

Dec 15, 2023

Aug 1, 2024

VAN ECK ASSOCIATES CORPORATION

Shareholder

yes

04/2021

Dec 15, 2023

Aug 1, 2024

JAN FREDERICK VAN ECK REVOCABLE TRUST, JAN VAN ECK TRUSTEE

Shareholder

04/2021

Jan 26, 2024

Aug 1, 2024

MCLAY, WILLIAM S

Shareholder

08/2017

Jan 26, 2024

Aug 1, 2024

VANECK, JAN, FREDERICK

Shareholder

04/2021

Jan 26, 2024

Aug 1, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

VAN ECK ASSOCIATES CORPORATION

n/a

Asset manager

$126B

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2024

Apr 3, 2025

$37.4M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2024

$37.4M

n/a

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

CONNECTIVE WEALTH PARTNERS, LLC

Aug 19, 2025

Jul 29, 2025

NEW YORK, NY

Firm absorbed

RIA to new firm

50.0%