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.
SEC-registered adviser
Hager Investment Management Services, LLC
Latest filing Jan 28, 2026
First filing on the tape Feb 25, 2022 · 10 filings
SEC status approved since Mar 28, 2022
RAUM
$222M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
95%
$211M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$55.4M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$222M as of Jan 28, 2026
Mar 9, 2023$104M then
HNW client RAUM$172M as of Jan 28, 2026
Mar 9, 2023$68.4M then
State-registered IARs (5.B.3)3 as of Jan 28, 2026
Mar 9, 20233 then
Employees (5.A)3 as of Jan 28, 2026
Mar 9, 20233 then
Private funds: no history
RAUM +17% over the last fiscal year+29% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Jan 28, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $55.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 43derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $1.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 4.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.8derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +17%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.0%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
- Custody
- $228M, 18 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$172M77%
- Individuals$39.2M18%
- Charitable organizations$10.8M4.9%
- Individual clients
- 103reported
- HNW clients
- 68reported
- Pension plan clients
- n/areported
- Charitable clients
- 7reported
- Accounts
- 178reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $228M for 18 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Andrew Webster Hager | New London, Nh | Apr 20, 1999 | 27 y | 0 |
| Peter Edward Hager | New London, Nh | Jan 1, 2001 | 43 y | 0 |
| Robin Clifton BrighamCertified Financial Planner | New London, Nh | Dec 15, 2015 | 39 y | 0 |
| Michael J Bechtold | New London, Nh | Feb 18, 2022 | 10 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Webster Andrew Hager · Managing Partner/Chief Compliance Officercontrolsince 01/2014 · owns 75% or more
- Edward Peter Hager · Partnercontrolsince 01/2014 · owns 10% to 25%
- Clifton Robin Brigham · Financial Plannersince 08/2018 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| New London, Nh · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- account count collapseChange between filings · filing Jan 28, 2026accounts (Item 5.F.2.f) moved from 386.0 to 178.0 (-54.0%) between the annual amendments of 2025-02-07 and 2026-01-28; the peer median change was +5.0% (3688 comparable advisers, 3.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,688) · 2.7% percentile
What changed
consecutive filings, newest first
- Accounts · 386 to 178Sep 24, 2025 to Jan 28, 2026
- Charity clients · 6 to 7Sep 24, 2025 to Jan 28, 2026
- HNW clients · 58 to 68Sep 24, 2025 to Jan 28, 2026
- Individual clients · 108 to 103Sep 24, 2025 to Jan 28, 2026
- Assets in custody · $111M to $228MSep 24, 2025 to Jan 28, 2026
- Financial planning clients · 101-250 to 26-50Sep 24, 2025 to Jan 28, 2026
- Discretionary RAUM · $183M to $214MSep 24, 2025 to Jan 28, 2026
- HNW RAUM · $138M to $172MSep 24, 2025 to Jan 28, 2026
- Individual RAUM · $41.7M to $39.2MSep 24, 2025 to Jan 28, 2026
- Non-discretionary RAUM · $6.3M to $7.1MSep 24, 2025 to Jan 28, 2026
- RAUM · $189M to $222MSep 24, 2025 to Jan 28, 2026
- Financial planning clients · 101-250 to 101-250Feb 7, 2025 to Jul 17, 2025
- Accounts · 326 to 386Feb 29, 2024 to Feb 7, 2025
- Advisory employees · 2 to 3Feb 29, 2024 to Feb 7, 2025
- HNW clients · 46 to 58Feb 29, 2024 to Feb 7, 2025
- Individual clients · 103 to 108Feb 29, 2024 to Feb 7, 2025
- Assets in custody · $35.5M to $111MFeb 29, 2024 to Feb 7, 2025
- Financial planning clients · 26-50 to 101-250Feb 29, 2024 to Feb 7, 2025
- Discretionary RAUM · $127M to $183MFeb 29, 2024 to Feb 7, 2025
- HNW RAUM · $91.1M to $138MFeb 29, 2024 to Feb 7, 2025
- Individual RAUM · $33.9M to $41.7MFeb 29, 2024 to Feb 7, 2025
- Non-discretionary RAUM · $5.9M to $6.3MFeb 29, 2024 to Feb 7, 2025
- RAUM · $133M to $189MFeb 29, 2024 to Feb 7, 2025
- Accounts · 282 to 326Mar 9, 2023 to Feb 29, 2024
- Advisory employees · 3 to 2Mar 9, 2023 to Feb 29, 2024
- Charity clients · 4 to 6Mar 9, 2023 to Feb 29, 2024
- HNW clients · 37 to 46Mar 9, 2023 to Feb 29, 2024
- Individual clients · 106 to 103Mar 9, 2023 to Feb 29, 2024
- Pension plan clients · 0.0 to unsetMar 9, 2023 to Feb 29, 2024
- Assets in custody · $37.9M to $35.5MMar 9, 2023 to Feb 29, 2024
- Discretionary RAUM · $98.8M to $127MMar 9, 2023 to Feb 29, 2024
- HNW RAUM · $68.4M to $91.1MMar 9, 2023 to Feb 29, 2024
- Individual RAUM · $28.9M to $33.9MMar 9, 2023 to Feb 29, 2024
- Non-discretionary RAUM · $5.6M to $5.9MMar 9, 2023 to Feb 29, 2024
- RAUM · $104M to $133MMar 9, 2023 to Feb 29, 2024
- Accounts · 266 to 282Aug 23, 2022 to Mar 9, 2023
- HNW clients · 42 to 37Aug 23, 2022 to Mar 9, 2023
- Individual clients · 96 to 106Aug 23, 2022 to Mar 9, 2023
- Assets in custody · unset to 37940367.0Aug 23, 2022 to Mar 9, 2023
- Custody of client assets · false to trueAug 23, 2022 to Mar 9, 2023
Signals
1 dated events
- Hager Investment Management Services, Llc filed its initial SEC registration (Form ADV)Feb 25, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- info@hagerinvestments.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 603-526-4099reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 603-526-2305reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- HAGERINVESTMENTS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 603-526-4099reportedpublic record, Form ADV, Jan 28, 2026
- Contact form
- hagerinvestments.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- hagerinvestments.com/our-teamreportedpublished by the firm, firm site, Sep 16, 2026
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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $55.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026