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

The Advisory Group

Former SEC-registered adviserDiamond Bar, CaliforniaCRD 109175SEC 801-57715IAPD
Legal name Tag Financial Inc
Latest filing Mar 24, 2022
First filing on the tape Mar 30, 2012 · 21 filings
RAUM
$380M
reported, Item 5.F
Discretionary
69%
of RAUM
Private clients
77%
$293M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$380M as of Mar 24, 2022
Mar 30, 2012$124M then
HNW client RAUM$93.7M as of Mar 24, 2022
Mar 23, 2018$74.2M then
State-registered IARs (5.B.3)5 as of Mar 24, 2022
Mar 30, 20120 then
Employees (5.A)5 as of Mar 24, 2022
Feb 28, 20138 then
Private funds: no history
RAUM +14% over the last fiscal year+16% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 24, 2022; every figure names its basis
RAUM per advisor
$75.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
134derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$524,317derivedRAUM over accounts (5.F.2.f)
Discretionary
69%derivedof RAUM
Institutional
22%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.1%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, educational seminars, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$199M52%
  • High-net-worth individuals$93.7M25%
  • Pension and profit-sharing plans$77.4M20%
  • Charitable organizations$6.2M1.6%
  • Corporations and businesses$3.2M0.8%
Individual clients
633reported
HNW clients
39reported
Pension plan clients
14reported
Charitable clients
8reported
Accounts
724reported
Financial planning clients
51-100reported
Wrap fee programs
$0 sponsored, $262M managedreported
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
  • James Brent Beverly · President, Director & Chief Compliance Officercontrol
    since 04/2000 · owns 50% to 75%
  • Francis Christian Li · Vice President & Directorcontrol
    since 04/2000 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • Torrance, CA2 employees
What changed
consecutive filings, newest first
  • Accounts · 693 to 724
    Mar 23, 2021 to Mar 24, 2022
  • Advisory employees · 6 to 5
    Mar 23, 2021 to Mar 24, 2022
  • BD registered reps · 6 to 5
    Mar 23, 2021 to Mar 24, 2022
  • HNW clients · 145 to 39
    Mar 23, 2021 to Mar 24, 2022
  • Individual clients · 471 to 633
    Mar 23, 2021 to Mar 24, 2022
  • Employees · 6 to 5
    Mar 23, 2021 to Mar 24, 2022
  • Discretionary RAUM · $222M to $262M
    Mar 23, 2021 to Mar 24, 2022
  • HNW RAUM · $115M to $93.7M
    Mar 23, 2021 to Mar 24, 2022
  • Individual RAUM · $135M to $199M
    Mar 23, 2021 to Mar 24, 2022
  • Non-discretionary RAUM · $110M to $118M
    Mar 23, 2021 to Mar 24, 2022
  • Pension RAUM · $72.9M to $77.4M
    Mar 23, 2021 to Mar 24, 2022
  • RAUM · $332M to $380M
    Mar 23, 2021 to Mar 24, 2022
  • Wrap assets (manager) · $222M to $262M
    Mar 23, 2021 to Mar 24, 2022
  • Accounts · 657 to 693
    Jun 11, 2020 to Mar 23, 2021
  • Charity clients · 3 to 8
    Jun 11, 2020 to Mar 23, 2021
  • HNW clients · 15 to 145
    Jun 11, 2020 to Mar 23, 2021
  • Individual clients · 335 to 471
    Jun 11, 2020 to Mar 23, 2021
  • Discretionary RAUM · $196M to $222M
    Jun 11, 2020 to Mar 23, 2021
  • HNW RAUM · $61.8M to $115M
    Jun 11, 2020 to Mar 23, 2021
  • Individual RAUM · $161M to $135M
    Jun 11, 2020 to Mar 23, 2021
  • Non-discretionary RAUM · $92.7M to $110M
    Jun 11, 2020 to Mar 23, 2021
  • Pension RAUM · $57.5M to $72.9M
    Jun 11, 2020 to Mar 23, 2021
  • RAUM · $289M to $332M
    Jun 11, 2020 to Mar 23, 2021
  • Wrap assets (manager) · $99.2M to $222M
    Jun 11, 2020 to Mar 23, 2021
  • Accounts · 659 to 657
    May 7, 2019 to Mar 30, 2020
  • Charity clients · 4 to 3
    May 7, 2019 to Mar 30, 2020
  • HNW clients · 60 to 15
    May 7, 2019 to Mar 30, 2020
  • Individual clients · 254 to 335
    May 7, 2019 to Mar 30, 2020
  • Pension plan clients · 13 to 14
    May 7, 2019 to Mar 30, 2020
  • Discretionary RAUM · $165M to $196M
    May 7, 2019 to Mar 30, 2020
  • HNW RAUM · $97.8M to $61.8M
    May 7, 2019 to Mar 30, 2020
  • Individual RAUM · $91.3M to $161M
    May 7, 2019 to Mar 30, 2020
  • Non-discretionary RAUM · $76.1M to $92.7M
    May 7, 2019 to Mar 30, 2020
  • Pension RAUM · $44.4M to $57.5M
    May 7, 2019 to Mar 30, 2020
  • RAUM · $241M to $289M
    May 7, 2019 to Mar 30, 2020
  • Wrap assets (manager) · $166M to $99.2M
    May 7, 2019 to Mar 30, 2020
  • Accounts · 643 to 659
    Mar 23, 2018 to Mar 25, 2019
  • Charity clients · 5 to 4
    Mar 23, 2018 to Mar 25, 2019
  • HNW clients · 131 to 60
    Mar 23, 2018 to Mar 25, 2019
  • Individual clients · 513 to 254
    Mar 23, 2018 to Mar 25, 2019
Signals
8 dated events
  • Manuel F Chinchay left The Advisory Group for Fsc Securities Corporation (registered 2012-02-17)
    Dec 31, 2022 · Advisor changed firm · fact
  • Maria Krista Piechocki left The Advisory Group for Fsc Securities Corporation (registered 2011-03-09)
    Dec 31, 2022 · Advisor changed firm · fact
  • Gregory Paul Schill left The Advisory Group for Lpl Financial Llc (registered 2022-10-03)
    Dec 31, 2022 · Advisor changed firm · fact
  • Brent James Beverly left The Advisory Group for Lpl Financial Llc (registered 2022-10-03)
    Dec 31, 2022 · Advisor changed firm · fact
  • The Advisory Group's advisors moved to LPL Financial LLC (Diamond Bar, CA): 3 of 5 registered, on the same day
    Dec 31, 2022 · Firm absorbed (people side) · derived
  • 2 advisors left The Advisory Group (Torrance, CA) for Fsc Securities Corporation on the same day
    Dec 31, 2022 · Team lift-out · derived
  • Christian Francis Li left The Advisory Group for Lpl Financial Llc (registered 2022-10-03)
    Dec 31, 2022 · Advisor changed firm · fact
  • 3 advisors left Fsc Securities Corporation (Diamond Bar, CA) for The Advisory Group a day apart
    Oct 11, 2022 · Team lift-out · derived
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