DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Avantax Advisory Services

Former SEC-registered adviserDallas, TexasCRD 104556SEC 801-29892websiteIAPD
Legal name Avantax Advisory Services, Inc.
Latest filing Mar 31, 2025
First filing on the tape Nov 18, 2011 · 127 filings
SEC status approved since Sep 20, 1987
RAUM
$46B
reported, Item 5.F
Discretionary
83%
of RAUM
Private clients
92%
$43B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2,278
2,278 advisory (5.B.1)
Offices
1,923
beyond the principal office
Private funds
0
reported on Schedule D
History
127 filings and snapshots on the tape
RAUM$46B as of Mar 31, 2025
Mar 29, 2012$5.9B then
HNW client RAUM$20B as of Mar 31, 2025
Mar 30, 2018$1.6B then
State-registered IARs (5.B.3)2,278 as of Mar 31, 2025
Mar 29, 20120 then
Employees (5.A)2,278 as of Mar 31, 2025
Apr 1, 20131,962 then
Private funds: no history
RAUM +11% over the last fiscal year+10% a year over threeIARs 2,478 to 2,278offices 1,580 to 1,923
Practice profile
derived from the filing of Mar 31, 2025; every figure names its basis
RAUM per advisor
$20.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
41derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.9MderivedHNW RAUM over HNW clients
Average account
$328,638derivedRAUM over accounts (5.F.2.f)
Discretionary
83%derivedof RAUM
Institutional
2.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.2derived1,924 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
-8.1%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.1%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
$23BreportedItem 5.I
Custody
$46B, 93,711 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$23B49%
  • High-net-worth individuals$20B43%
  • Corporations and businesses$2.2B4.7%
  • Pension and profit-sharing plans$1.3B2.9%
  • Charitable organizations$1.1M0.0%
Individual clients
87,266reported
HNW clients
5,171reported
Pension plan clients
1,842reported
Charitable clients
1reported
Accounts
140,306reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$46B for 93,711 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Gregory Matthew Bregozzo · Chief Compliance Officercontrol
    since 04/2024 · owns less than 5%
  • Lynn Gary Chaffin · Tax Officercontrol
    since 01/2024 · owns less than 5%
  • Neil Kalani Matthew Fries · Vice Presidentcontrol
    since 10/2024 · owns less than 5%
  • Anne Lisa Gok · Co-Secretarycontrol
    since 01/2024 · owns less than 5%
  • Andrew Thomas Gooley · Chief Operations Officercontrol
    since 01/2024 · owns less than 5%
  • Ai-Ling Winnie Lee · Assistant Secretarycontrol
    since 01/2024 · owns less than 5%
  • Christopher Todd Mackay · Vice Presidentcontrol
    since 10/2024 · owns less than 5%
  • Daniel Joseph Neary · Vice Presidentcontrol
    since 01/2024 · owns less than 5%
  • Keith Allan Shores · Co-Treasurercontrol
    since 01/2024 · owns less than 5%
  • James David Van Havermaat · Assistant Secretarycontrol
    since 01/2024 · owns less than 5%
  • David Andrew Watts · President & Co-Secretarycontrol
    since 10/2024 · owns less than 5%
Entity owners
  • Avantax Wealth Management, Inc. · Shareholder
    direct · owns 75% or more
  • Aretec Group, Inc. · Sole Shareholder
    indirect · owns 75% or more of Avantax, Inc.
  • Avantax Holdings, LLC · Shareholder
    indirect · owns 75% or more of Project Baseball Sub, Inc.
  • Avantax Wm Holdings, Inc. · Sole Shareholder
    indirect · owns 75% or more of Avantax Wealth Management, Inc.
  • Avantax, Inc. · Shareholder
    indirect · owns 75% or more of Avantax Holdings, LLC
  • Gc Three Holdings, Inc. · Sole Shareholder
    indirect · owns 75% or more of Gc Two Holdings, Inc.
  • Gc Two Holdings, Inc. · Sole Shareholder
    indirect · owns 75% or more of Gc Two Intermediate Holdings, Inc.
  • Gc Two Intermediate Holdings, Inc. · Sole Shareholder
    indirect · owns 75% or more of Aretec Group, Inc.
  • Project Baseball Sub, Inc. · Shareholder
    indirect · owns 75% or more of Avantax Wm Holdings, Inc.
Related persons
Schedule D 7.A
Advisers that list Avantax Advisory Services as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Holly Springs, Nc000
Huntsville, Al000
Irvine, Ca000
Irving, Tx000
Jackson, Mi000
Jacksonville, Fl000
Jasper, Ga000
Alexandria, Va000
Amery, Wi000
Ashburn, Va000
Augusta, Ga000
Austin, Tx000
Baton Rouge, La000
Bentonville, Ar000
Bethel Park, Pa000
Bismarck, Nd000
Bloomfield, Nj000
Bozeman, Mt000
Brewster, Ma000
Brownsville, Tx000
All 60 offices
Offices
Schedule D 1.F, the 25 largest
  • Mount Arlington, NJ52 employees
  • Eugene, OR39 employees
  • Rochester, NY38 employees
  • Lafayette, LA30 employees
  • South Milwaukee, WI28 employees
  • Raleigh, NC25 employees
  • Baytown, TX24 employees
  • Holland, PA24 employees
  • Coldwater, OH23 employees
  • Orland Park, IL23 employees
  • Elk Grove, IL22 employees
  • Wall Township, NJ21 employees
  • Fort Smith, AR21 employees
  • Celina, OH21 employees
  • Cleveland, OH20 employees
  • Wenatchee, WA20 employees
  • Atlanta, GA20 employees
  • Buffalo, NY20 employees
  • Indianapolis, IN18 employees
  • Celina, OH18 employees
  • Mount Pleasant, SC18 employees
  • Surprise, AZ18 employees
  • Carson City, NV17 employees
  • Sioux Falls, SD17 employees
  • Beaumont, TX8 employees
What changed
consecutive filings, newest first
  • Accounts · 131,534 to 140,306
    Oct 22, 2024 to Mar 31, 2025
  • Advisory employees · 2,478 to 2,278
    Oct 22, 2024 to Mar 31, 2025
  • Advisory activities · 7 to 6
    Oct 22, 2024 to Mar 31, 2025
  • BD registered reps · 2,219 to 2,182
    Oct 22, 2024 to Mar 31, 2025
  • Charity clients · 0 to 1
    Oct 22, 2024 to Mar 31, 2025
  • Corporate clients · 726 to 658
    Oct 22, 2024 to Mar 31, 2025
  • HNW clients · 4,470 to 5,171
    Oct 22, 2024 to Mar 31, 2025
  • Individual clients · 84,296 to 87,266
    Oct 22, 2024 to Mar 31, 2025
  • Pension plan clients · 1,664 to 1,842
    Oct 22, 2024 to Mar 31, 2025
  • Assets in custody · $42B to $46B
    Oct 22, 2024 to Mar 31, 2025
  • Employees · 2,478 to 2,278
    Oct 22, 2024 to Mar 31, 2025
  • Insurance-licensed employees · 81 to 106
    Oct 22, 2024 to Mar 31, 2025
  • Financial planning clients · 251-500 to 251-500
    Oct 22, 2024 to Mar 31, 2025
  • State-registered IARs · 2,478 to 2,278
    Oct 22, 2024 to Mar 31, 2025
  • Other offices · 1,580 to 1,923
    Oct 22, 2024 to Mar 31, 2025
  • Discretionary RAUM · $34B to $38B
    Oct 22, 2024 to Mar 31, 2025
  • HNW RAUM · $18B to $20B
    Oct 22, 2024 to Mar 31, 2025
  • Individual RAUM · $21B to $23B
    Oct 22, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $8.0B to $8.0B
    Oct 22, 2024 to Mar 31, 2025
  • Pension RAUM · $1.3B to $1.3B
    Oct 22, 2024 to Mar 31, 2025
  • RAUM · $42B to $46B
    Oct 22, 2024 to Mar 31, 2025
  • Accounts · 123,393 to 131,534
    Feb 22, 2024 to Mar 28, 2024
  • Advisory employees · 2,433 to 2,478
    Feb 22, 2024 to Mar 28, 2024
  • BD registered reps · 2,322 to 2,219
    Feb 22, 2024 to Mar 28, 2024
  • Corporate clients · 613 to 726
    Feb 22, 2024 to Mar 28, 2024
  • HNW clients · 5,188 to 4,470
    Feb 22, 2024 to Mar 28, 2024
  • Individual clients · 77,935 to 84,296
    Feb 22, 2024 to Mar 28, 2024
  • Pension plan clients · 1,578 to 1,664
    Feb 22, 2024 to Mar 28, 2024
  • Assets in custody · $31B to $42B
    Feb 22, 2024 to Mar 28, 2024
  • Employees · 2,433 to 2,478
    Feb 22, 2024 to Mar 28, 2024
  • Insurance-licensed employees · 37 to 81
    Feb 22, 2024 to Mar 28, 2024
  • State-registered IARs · 2,433 to 2,478
    Feb 22, 2024 to Mar 28, 2024
  • Other offices · 1,514 to 1,580
    Feb 22, 2024 to Mar 28, 2024
  • Discretionary RAUM · $23B to $34B
    Feb 22, 2024 to Mar 28, 2024
  • HNW RAUM · $12B to $18B
    Feb 22, 2024 to Mar 28, 2024
  • Individual RAUM · $17B to $21B
    Feb 22, 2024 to Mar 28, 2024
  • Non-discretionary RAUM · $7.6B to $8.0B
    Feb 22, 2024 to Mar 28, 2024
  • Pension RAUM · $1.1B to $1.3B
    Feb 22, 2024 to Mar 28, 2024
  • RAUM · $31B to $42B
    Feb 22, 2024 to Mar 28, 2024
  • Advisory activities · 6 to 7
    Jul 10, 2023 to Sep 14, 2023
Signals
60 dated events
  • 2 advisors left Dkcb Financial Advisors, LLC (Rochester, NY) for Avantax Advisory Services on the same day
    Feb 26, 2026 · Team lift-out · derived
  • Avantax Advisory Services no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $46.1B)
    Dec 20, 2025 · Left the SEC roster · derived
  • 2 advisors left Legacy Cornerstone Wealth LLC (Peoria, AZ) for Avantax Advisory Services on the same day
    Dec 12, 2025 · Team lift-out · derived
  • 2 advisors left Meaden & Moore Financial Services, LTD. (Cleveland, OH) for Avantax Advisory Services on the same day
    Sep 18, 2025 · Team lift-out · derived
  • Phylip Charles Simmons left Avantax Advisory Services for Ats Wealth Management (registered 2025-03-18)
    Sep 5, 2025 · Advisor changed firm · fact
  • Grace M Lopez-Williams left Avantax Advisory Services for Oneamerica Securities, Inc. (registered 2025-09-18)
    Sep 5, 2025 · Advisor changed firm · fact
  • Sheila Marie Monachino left Avantax Advisory Services for Davie Kaplan Wealth Care Advisors, Llc (registered 2024-02-07)
    Sep 5, 2025 · Advisor changed firm · fact
  • Glenna Joy Durwin left Avantax Advisory Services for Davie Kaplan Wealth Care Advisors, Llc (registered 2022-11-29)
    Sep 5, 2025 · Advisor changed firm · fact
  • Nicholas Michael Piehler left Avantax Advisory Services for Davie Kaplan Wealth Care Advisors, Llc (registered 2024-02-07)
    Sep 5, 2025 · Advisor changed firm · fact
  • John J Nicklas left Avantax Advisory Services for Meaden & Moore Financial Services, Ltd. (registered 2020-10-07)
    Sep 5, 2025 · Advisor changed firm · fact
  • Ryan Paul Fischer left Avantax Advisory Services for Pk Financial Strategies, Llc (registered 2020-03-17)
    Sep 5, 2025 · Advisor changed firm · fact
  • Anthony Paul Gibson no longer registered at Avantax Advisory Services; no later IA registration on IAPD
    Sep 5, 2025 · Advisor departure · fact
  • Deanna Jean Gutta left Avantax Advisory Services for Davie Kaplan Wealth Care Advisors, Llc (registered 2025-08-22)
    Sep 5, 2025 · Advisor changed firm · fact
  • Edward Bowman Pettegrew left Avantax Advisory Services for Meaden & Moore Financial Services, Ltd. (registered 2021-07-28)
    Sep 5, 2025 · Advisor changed firm · fact
  • Deborah Leigh Jones left Avantax Advisory Services for Jones Tax & Investment Planning Services, Inc. (registered 1998-01-02)
    Sep 5, 2025 · Advisor changed firm · fact
  • 2 advisors left Avantax Advisory Services (Cleveland, OH) for Meaden & Moore Financial Services, LTD. on the same day
    Sep 5, 2025 · Team lift-out · derived
  • 3 advisors left Avantax Advisory Services (Rochester, NY) for Davie Kaplan Wealth Care Advisors, LLC on the same day
    Sep 5, 2025 · Team lift-out · derived
  • Timothy Riley left Avantax Advisory Services for Ameriprise Financial Services, Llc (registered 2025-08-25)
    Sep 4, 2025 · Advisor changed firm · fact
  • Jeffrey Donald Metzger left Avantax Advisory Services for Raymond James Financial Services Advisors, Inc (registered 2025-09-03)
    Sep 3, 2025 · Advisor changed firm · fact
  • Richard Edward Mitchen left Avantax Advisory Services for Raymond James Financial Services Advisors, Inc (registered 2025-08-29)
    Sep 3, 2025 · Advisor changed firm · fact
  • Eric Wayne Mitchen left Avantax Advisory Services for Raymond James Financial Services Advisors, Inc (registered 2025-09-03)
    Sep 3, 2025 · Advisor changed firm · fact
  • 3 advisors left Avantax Advisory Services (Baton Rouge, LA) for Raymond James Financial Services Advisors, Inc on the same day
    Sep 3, 2025 · Team lift-out · derived
  • Caitlyn Marie Tierney left Avantax Advisory Services for Westover Capital Advisors, Llc (registered 2025-09-03)
    Aug 29, 2025 · Advisor changed firm · fact
  • Simha R Portnoy left Avantax Advisory Services for Lpl Financial Llc (registered 2025-08-29)
    Aug 29, 2025 · Advisor changed firm · fact
  • Huan Wang left Avantax Advisory Services for Strategic Advisers Llc (registered 2025-09-26)
    Aug 28, 2025 · Advisor changed firm · fact
  • Damian Zuniga left Avantax Advisory Services for Charles Schwab & Co., Inc. (registered 2025-08-28)
    Aug 19, 2025 · Advisor changed firm · fact
  • Tyler Mcconville left Avantax Advisory Services for Retirement Income Strategies, Llc (registered 2025-08-28)
    Aug 19, 2025 · Advisor changed firm · fact
  • Oluwaribigbe Durosoga left Avantax Advisory Services for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2025-09-11)
    Aug 19, 2025 · Advisor changed firm · fact
  • 2 advisors left LPL Financial LLC (Mentor, OH) for Avantax Advisory Services on the same day
    Jul 30, 2025 · Team lift-out · derived
  • David Douglas Burson left Avantax Advisory Services for Lpl Financial Llc (registered 2025-07-17)
    Jul 24, 2025 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026