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

Shapiro Financial Security Group, Inc.

Independent wealth managerHazlet, New JerseyCRD 120801SEC 801-121063websiteIAPD
Latest filing Mar 24, 2026
First filing on the tape Mar 19, 2012 · 10 filings
SEC status approved since May 4, 2021
RAUM
$153M
reported, Item 5.F
Discretionary
92%
of RAUM
Private clients
100%
$153M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$76.3M
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$153M as of Mar 24, 2026
Mar 19, 2012$44.7M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 24, 2026
Mar 30, 20220 then
Employees (5.A)5 as of Mar 24, 2026
Mar 30, 20226 then
Private funds: no history
RAUM +16% over the last fiscal year+13% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 24, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
$76.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$270,597derivedRAUM over accounts (5.F.2.f)
Discretionary
92%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, educational seminarsreportedItem 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
  • 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
  • Individuals$153M100%
Individual clients
137reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
564reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Devon Jacob ShapiroHazlet, NjJul 24, 202412 y0
Kenneth Bart ShapiroCertified Financial PlannerHazlet, NjJan 1, 202643 y0
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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Bart Kenneth Shapiro · President/Chief Compliance Officercontrol
    since 12/1982 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Hazlet, Nj · principal210
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 526 to 564
    Mar 27, 2025 to Mar 24, 2026
  • Individual clients · 139 to 137
    Mar 27, 2025 to Mar 24, 2026
  • Discretionary RAUM · $124M to $141M
    Mar 27, 2025 to Mar 24, 2026
  • Individual RAUM · $131M to $153M
    Mar 27, 2025 to Mar 24, 2026
  • Non-discretionary RAUM · $7.4M to $12.0M
    Mar 27, 2025 to Mar 24, 2026
  • RAUM · $131M to $153M
    Mar 27, 2025 to Mar 24, 2026
  • Accounts · 528 to 526
    Mar 29, 2024 to Mar 27, 2025
  • Advisory employees · 1 to 2
    Mar 29, 2024 to Mar 27, 2025
  • Individual clients · 127 to 139
    Mar 29, 2024 to Mar 27, 2025
  • Employees · 4 to 5
    Mar 29, 2024 to Mar 27, 2025
  • Financial planning clients · 11-25 to 26-50
    Mar 29, 2024 to Mar 27, 2025
  • Discretionary RAUM · $113M to $124M
    Mar 29, 2024 to Mar 27, 2025
  • Individual RAUM · $122M to $131M
    Mar 29, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $9.1M to $7.4M
    Mar 29, 2024 to Mar 27, 2025
  • RAUM · $122M to $131M
    Mar 29, 2024 to Mar 27, 2025
  • Accounts · 525 to 528
    Mar 31, 2023 to Mar 29, 2024
  • Advisory employees · 2 to 1
    Mar 31, 2023 to Mar 29, 2024
  • Employees · 6 to 4
    Mar 31, 2023 to Mar 29, 2024
  • Discretionary RAUM · $93.2M to $113M
    Mar 31, 2023 to Mar 29, 2024
  • Individual RAUM · $105M to $122M
    Mar 31, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $12.0M to $9.1M
    Mar 31, 2023 to Mar 29, 2024
  • RAUM · $105M to $122M
    Mar 31, 2023 to Mar 29, 2024
  • Accounts · 533 to 525
    Mar 30, 2022 to Mar 31, 2023
  • Individual clients · 103 to 127
    Mar 30, 2022 to Mar 31, 2023
  • Discretionary RAUM · $97.8M to $93.2M
    Mar 30, 2022 to Mar 31, 2023
  • Individual RAUM · $127M to $105M
    Mar 30, 2022 to Mar 31, 2023
  • Non-discretionary RAUM · $29.0M to $12.0M
    Mar 30, 2022 to Mar 31, 2023
  • RAUM · $127M to $105M
    Mar 30, 2022 to Mar 31, 2023
  • Accounts · 562 to 533
    Jun 29, 2021 to Mar 30, 2022
  • Financial planning clients · 1-10 to 11-25
    Jun 29, 2021 to Mar 30, 2022
  • Discretionary RAUM · $68.1M to $97.8M
    Jun 29, 2021 to Mar 30, 2022
  • Individual RAUM · $113M to $127M
    Jun 29, 2021 to Mar 30, 2022
  • Non-discretionary RAUM · $44.5M to $29.0M
    Jun 29, 2021 to Mar 30, 2022
  • RAUM · $113M to $127M
    Jun 29, 2021 to Mar 30, 2022
  • Other offices · 2 to 1
    Mar 31, 2021 to Jun 29, 2021
  • Accounts · 357 to 562
    Sep 14, 2012 to Mar 31, 2021
  • Advisory employees · unset to 2.0
    Sep 14, 2012 to Mar 31, 2021
  • Individual clients · unset to 103.0
    Sep 14, 2012 to Mar 31, 2021
  • Employees · unset to 6.0
    Sep 14, 2012 to Mar 31, 2021
  • Insurance-licensed employees · 1 to 0
    Sep 14, 2012 to Mar 31, 2021
Signals
1 dated events
  • Shapiro Financial Security Group, Inc. filed its initial SEC registration (Form ADV)
    Mar 31, 2021 · 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
mboncada@shapirofsg.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
732-739-8667reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
732-739-8991reportedpublished by the firm, firm site, Sep 16, 2026
Website
SHAPIROFSG.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
732-739-8991reportedpublic record, Form ADV, Mar 24, 2026
Team page
SHAPIROFSG.COM/team-memberreportedpublished 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
$76.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026