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
Aznar Financial Advisors, LLC
Latest filing Feb 11, 2026
First filing on the tape May 3, 2022 · 7 filings
SEC status approved since Jun 2, 2022
RAUM
$170M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$170M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$170M as of Feb 11, 2026
Mar 22, 2023$114M then
HNW client RAUM$170M as of Feb 11, 2026
Mar 22, 2023$113M then
State-registered IARs (5.B.3)1 as of Feb 11, 2026
Mar 22, 20231 then
Employees (5.A)1 as of Feb 11, 2026
Mar 22, 20231 then
Private funds: no history
RAUM +12% over the last fiscal year+14% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Feb 11, 2026; every figure names its basis
- RAUM per advisor
- $170MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 37derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.6MderivedHNW RAUM over HNW clients
- Average account
- $932,125derivedRAUM 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
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.0%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$170M100%
- Individual clients
- 0reported
- HNW clients
- 37reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 182reported
- Financial planning clients
- 26-50reported
- 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
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 days1 left over 36 months
Left, latest
- Marnie Beecher Hards to Sax Wealth Advisors, LLCJun 3, 2026 · RIA to RIA
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Beecher Marnie Hards · Principal, Ccocontrolsince 09/1999 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Morris Plains, Nj | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 172 to 182Feb 6, 2025 to Feb 11, 2026
- HNW clients · 35 to 37Feb 6, 2025 to Feb 11, 2026
- Individual clients · 2 to 0Feb 6, 2025 to Feb 11, 2026
- Assets in custody · 77767131.0 to unsetFeb 6, 2025 to Feb 11, 2026
- Custody of client assets · true to falseFeb 6, 2025 to Feb 11, 2026
- Discretionary RAUM · $151M to $170MFeb 6, 2025 to Feb 11, 2026
- HNW RAUM · $150M to $170MFeb 6, 2025 to Feb 11, 2026
- Individual RAUM · $1.9M to $0Feb 6, 2025 to Feb 11, 2026
- RAUM · $151M to $170MFeb 6, 2025 to Feb 11, 2026
- Accounts · 180 to 172Jan 25, 2024 to Feb 6, 2025
- HNW clients · 33 to 35Jan 25, 2024 to Feb 6, 2025
- Assets in custody · unset to 77767131.0Jan 25, 2024 to Feb 6, 2025
- Custody of client assets · false to trueJan 25, 2024 to Feb 6, 2025
- Financial planning clients · 26-50 to 26-50Jan 25, 2024 to Feb 6, 2025
- HQ city · unset to Jan 25, 2024 to Feb 6, 2025
- HQ state · unset to Jan 25, 2024 to Feb 6, 2025
- Organization form · Corporation to Limited Liability CompanyJan 25, 2024 to Feb 6, 2025
- Discretionary RAUM · $139M to $151MJan 25, 2024 to Feb 6, 2025
- HNW RAUM · $136M to $150MJan 25, 2024 to Feb 6, 2025
- Individual RAUM · $2.3M to $1.9MJan 25, 2024 to Feb 6, 2025
- RAUM · $139M to $151MJan 25, 2024 to Feb 6, 2025
- Accounts · 34 to 180Sep 5, 2023 to Jan 25, 2024
- Individual clients · 1 to 2Sep 5, 2023 to Jan 25, 2024
- Discretionary RAUM · $114M to $139MSep 5, 2023 to Jan 25, 2024
- HNW RAUM · $113M to $136MSep 5, 2023 to Jan 25, 2024
- Individual RAUM · $792,472 to $2.3MSep 5, 2023 to Jan 25, 2024
- RAUM · $114M to $139MSep 5, 2023 to Jan 25, 2024
- Accounts · 163 to 34May 3, 2022 to Mar 22, 2023
- HNW clients · 34 to 33May 3, 2022 to Mar 22, 2023
- State-registered IARs · 0 to 1May 3, 2022 to Mar 22, 2023
- Organization form · Limited Liability Company to CorporationMay 3, 2022 to Mar 22, 2023
- Discretionary RAUM · $142M to $114MMay 3, 2022 to Mar 22, 2023
- HNW RAUM · $141M to $113MMay 3, 2022 to Mar 22, 2023
- Individual RAUM · $964,499 to $792,472May 3, 2022 to Mar 22, 2023
- RAUM · $142M to $114MMay 3, 2022 to Mar 22, 2023
Signals
3 dated events
- Aznar Financial Advisors, Llc no longer on the SEC adviser roster (last listed 2026-06-01, RAUM $169.6M)Jul 1, 2026 · Left the SEC roster · derived
- Marnie Beecher Hards left Aznar Financial Advisors, Llc for Sax Wealth Advisors, Llc (registered 2026-03-31)Jun 3, 2026 · Advisor changed firm · fact
- Aznar Financial Advisors, Llc filed its initial SEC registration (Form ADV)May 3, 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.
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