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.

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SEC-registered adviser

S••• E•••••• A••••••••• I•••

Independent wealth managerCranford, New JerseyCRD 121356SEC 801-113687websiteIAPD
Latest filing Feb 19, 2026
First filing on the tape Nov 22, 2011 · 23 filings
SEC status approved since Jul 26, 2018
RAUM
$186M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$186M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$92.9M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$186M as of Feb 19, 2026
Mar 9, 2012$61.5M then
HNW client RAUM$163M as of Feb 19, 2026
Mar 20, 2019$94.7M then
State-registered IARs (5.B.3)2 as of Feb 19, 2026
Mar 9, 20120 then
Employees (5.A)2 as of Feb 19, 2026
Mar 20, 20192 then
Private funds: no history
RAUM +9.6% over the last fiscal year+11% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 19, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$92.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
59derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$482,541derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+9.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$80.0M, 67 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 hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$163M88%
  • Individuals$23.2M12%
Individual clients
62reported
HNW clients
55reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
385reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$80.0M for 67 clientsreported
Compensation
% of AUM, fixedreported
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
S•••••• F••• E••••••Cranford, NjNov 28, 201130 y1
J••• C•••• Z•••••••Certified Financial Planner, Chartered Financial AnalystCranford, NjJul 19, 201619 y1
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
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Z•••••••• J•••• C•••• · President, Secretary, Treasurer (12/2023) And Chief Compliance Officercontrol
      since 07/2017 · 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
    Cranford, Nj · principal200
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 394 to 385
      Aug 14, 2025 to Feb 19, 2026
    • HNW clients · 52 to 55
      Aug 14, 2025 to Feb 19, 2026
    • Individual clients · 68 to 62
      Aug 14, 2025 to Feb 19, 2026
    • Assets in custody · $64.2M to $80.0M
      Aug 14, 2025 to Feb 19, 2026
    • Discretionary RAUM · $170M to $186M
      Aug 14, 2025 to Feb 19, 2026
    • HNW RAUM · $145M to $163M
      Aug 14, 2025 to Feb 19, 2026
    • Individual RAUM · $24.9M to $23.2M
      Aug 14, 2025 to Feb 19, 2026
    • RAUM · $170M to $186M
      Aug 14, 2025 to Feb 19, 2026
    • Accounts · 380 to 394
      Mar 5, 2024 to Feb 11, 2025
    • HNW clients · 53 to 52
      Mar 5, 2024 to Feb 11, 2025
    • Individual clients · 64 to 68
      Mar 5, 2024 to Feb 11, 2025
    • Assets in custody · $64.5M to $64.2M
      Mar 5, 2024 to Feb 11, 2025
    • Financial planning clients · 101-250 to 101-250
      Mar 5, 2024 to Feb 11, 2025
    • Discretionary RAUM · $151M to $170M
      Mar 5, 2024 to Feb 11, 2025
    • HNW RAUM · $125M to $145M
      Mar 5, 2024 to Feb 11, 2025
    • Individual RAUM · $26.0M to $24.9M
      Mar 5, 2024 to Feb 11, 2025
    • RAUM · $151M to $170M
      Mar 5, 2024 to Feb 11, 2025
    • Accounts · 350 to 380
      Jan 23, 2024 to Mar 5, 2024
    • HNW clients · 49 to 53
      Jan 23, 2024 to Mar 5, 2024
    • Individual clients · 62 to 64
      Jan 23, 2024 to Mar 5, 2024
    • Assets in custody · $60.6M to $64.5M
      Jan 23, 2024 to Mar 5, 2024
    • Discretionary RAUM · $136M to $151M
      Jan 23, 2024 to Mar 5, 2024
    • HNW RAUM · $117M to $125M
      Jan 23, 2024 to Mar 5, 2024
    • Individual RAUM · $19.1M to $26.0M
      Jan 23, 2024 to Mar 5, 2024
    • RAUM · $136M to $151M
      Jan 23, 2024 to Mar 5, 2024
    • Accounts · 345 to 350
      Mar 19, 2022 to Mar 21, 2023
    • HNW clients · 48 to 49
      Mar 19, 2022 to Mar 21, 2023
    • Individual clients · 61 to 62
      Mar 19, 2022 to Mar 21, 2023
    • Assets in custody · $64.5M to $60.6M
      Mar 19, 2022 to Mar 21, 2023
    • Financial planning clients · 51-100 to 101-250
      Mar 19, 2022 to Mar 21, 2023
    • Discretionary RAUM · $153M to $136M
      Mar 19, 2022 to Mar 21, 2023
    • HNW RAUM · $132M to $117M
      Mar 19, 2022 to Mar 21, 2023
    • Individual RAUM · $21.4M to $19.1M
      Mar 19, 2022 to Mar 21, 2023
    • RAUM · $153M to $136M
      Mar 19, 2022 to Mar 21, 2023
    • Accounts · 337 to 345
      Mar 12, 2021 to Mar 19, 2022
    • HNW clients · 42 to 48
      Mar 12, 2021 to Mar 19, 2022
    • Individual clients · 58 to 61
      Mar 12, 2021 to Mar 19, 2022
    • Assets in custody · $56.6M to $64.5M
      Mar 12, 2021 to Mar 19, 2022
    • Discretionary RAUM · $134M to $153M
      Mar 12, 2021 to Mar 19, 2022
    • HNW RAUM · $113M to $132M
      Mar 12, 2021 to Mar 19, 2022
    Signals
    2 dated events
    • Fred Stanley Ehrlich (President) no longer on Schedule A of S••• E•••••• A••••••••• I••• (listed 2024-01-23, absent 2024-01-23)
      Jan 23, 2024 · Control person left · inference
    • S••• E•••••• A••••••••• I••• filed its initial SEC registration (Form ADV)
      Jun 26, 2018 · 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 phone
    908-789-1100reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    908-789-1115reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    908-789-1944reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/s.f.-ehrlich-associates-inc./?viewAsMemreportedpublic record, Form ADV, Sep 18, 2026
    Website
    SFE••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    908-789-1100reportedpublic record, Form ADV, Feb 19, 2026
    Team page
    s••••••••.comreportedpublished 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
    $92.9Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026