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

Macro Consulting Group

Former SEC-registered adviserParsippany, New JerseyCRD 108755SEC 801-70753IAPD
Legal name Macro Consulting Group LLC
Latest filing May 5, 2021
First filing on the tape Jan 27, 2012 · 36 filings
RAUM
$485M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$483M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
22
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$485M as of Apr 1, 2021
Jan 27, 2012$98.0M then
HNW client RAUM$405M as of Apr 1, 2021
Mar 29, 2018$354M then
State-registered IARs (5.B.3)5 as of Apr 1, 2021
Jan 27, 20120 then
Employees (5.A)22 as of Apr 1, 2021
Mar 15, 20139 then
Private funds: no history
RAUM +19% over the last fiscal year+5.8% a year over threeIARs 5 to 5
Practice profile
derived from the filing of May 5, 2021; every figure names its basis
RAUM per advisor
$97.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
83derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.4derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.5%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, otherreportedItem 5.G
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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$405M84%
  • Individuals$78.0M16%
  • Charitable organizations$2.0M0.4%
Individual clients
146reported
HNW clients
268reported
Pension plan clients
0reported
Charitable clients
2reported
Accounts
416reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
    • Anthony Mark Cortazzo · Managing Membercontrol
      since 03/1995 · owns 75% or more
    • Nicholas Spagnoletti · Partnercontrol
      since 04/2017 · owns 5% to 10%
    • Heidi Heath · Chief Compliance Officer
      since 01/2011 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 958 to 416
      Nov 4, 2020 to Apr 1, 2021
    • HNW clients · 243 to 268
      Nov 4, 2020 to Apr 1, 2021
    • Individual clients · 165 to 146
      Nov 4, 2020 to Apr 1, 2021
    • Discretionary RAUM · $407M to $485M
      Nov 4, 2020 to Apr 1, 2021
    • HNW RAUM · $269M to $405M
      Nov 4, 2020 to Apr 1, 2021
    • Individual RAUM · $136M to $78.0M
      Nov 4, 2020 to Apr 1, 2021
    • RAUM · $407M to $485M
      Nov 4, 2020 to Apr 1, 2021
    • Accounts · 1,095 to 958
      Dec 10, 2019 to Mar 31, 2020
    • Advisory employees · 6 to 7
      Dec 10, 2019 to Mar 31, 2020
    • Charity clients · 4 to 2
      Dec 10, 2019 to Mar 31, 2020
    • HNW clients · 229 to 243
      Dec 10, 2019 to Mar 31, 2020
    • Individual clients · 243 to 165
      Dec 10, 2019 to Mar 31, 2020
    • Pension plan clients · 4 to 0
      Dec 10, 2019 to Mar 31, 2020
    • Employees · 17 to 22
      Dec 10, 2019 to Mar 31, 2020
    • Discretionary RAUM · $394M to $407M
      Dec 10, 2019 to Mar 31, 2020
    • HNW RAUM · $331M to $269M
      Dec 10, 2019 to Mar 31, 2020
    • Individual RAUM · $54.0M to $136M
      Dec 10, 2019 to Mar 31, 2020
    • Non-discretionary RAUM · $2.0M to $0
      Dec 10, 2019 to Mar 31, 2020
    • Pension RAUM · $3.0M to $0
      Dec 10, 2019 to Mar 31, 2020
    • RAUM · $396M to $407M
      Dec 10, 2019 to Mar 31, 2020
    • Accounts · 1,000 to 1,095
      Jun 21, 2018 to Mar 28, 2019
    • Advisory activities · 6 to 5
      Jun 21, 2018 to Mar 28, 2019
    • BD registered reps · 5 to 6
      Jun 21, 2018 to Mar 28, 2019
    • Charity clients · 3 to 4
      Jun 21, 2018 to Mar 28, 2019
    • Corporate clients · 1 to 0
      Jun 21, 2018 to Mar 28, 2019
    • HNW clients · 302 to 229
      Jun 21, 2018 to Mar 28, 2019
    • Individual clients · 123 to 243
      Jun 21, 2018 to Mar 28, 2019
    • Financial planning clients · 101-250 to 51-100
      Jun 21, 2018 to Mar 28, 2019
    • State-registered IARs · 4 to 5
      Jun 21, 2018 to Mar 28, 2019
    • Discretionary RAUM · $410M to $394M
      Jun 21, 2018 to Mar 28, 2019
    • HNW RAUM · $354M to $331M
      Jun 21, 2018 to Mar 28, 2019
    • Individual RAUM · $42.0M to $54.0M
      Jun 21, 2018 to Mar 28, 2019
    • Non-discretionary RAUM · $0 to $2.0M
      Jun 21, 2018 to Mar 28, 2019
    • Pension RAUM · $3.4M to $3.0M
      Jun 21, 2018 to Mar 28, 2019
    • RAUM · $410M to $396M
      Jun 21, 2018 to Mar 28, 2019
    • Accounts · 902 to 1,000
      Jul 28, 2017 to Mar 29, 2018
    • Charity clients · unset to 3.0
      Jul 28, 2017 to Mar 29, 2018
    • Corporate clients · unset to 1.0
      Jul 28, 2017 to Mar 29, 2018
    • HNW clients · unset to 302.0
      Jul 28, 2017 to Mar 29, 2018
    • Individual clients · unset to 123.0
      Jul 28, 2017 to Mar 29, 2018
    Signals
    1 dated events
    • Macro Consulting Group reported succeeding to the business of Another Adviser (Form ADV Item 4)
      May 2, 2017 · Succession (Item 4) · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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