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
Northeast Financial Group, Inc.
Latest filing Jul 28, 2026
First filing on the tape Mar 29, 2012 · 31 filings
SEC status approved since Jun 14, 2013
RAUM
$1.4B
reported, Item 5.F
Discretionary
49%
of RAUM
Private clients
37%
$532M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.4B
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
4
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$1.4B as of Jul 28, 2026
Mar 29, 2012$58.8M then
HNW client RAUM$384M as of Jul 28, 2026
Mar 30, 2018$85.6M then
State-registered IARs (5.B.3)1 as of Jul 28, 2026
Mar 13, 20145 then
Employees (5.A)1 as of Jul 28, 2026
Mar 13, 20149 then
Private funds4 as of Jul 28, 2026
Apr 1, 20162 then
RAUM +20% over the last fiscal year+23% a year over threeIARs 10 to 1
Practice profile
derived from the filing of Jul 28, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $1.4BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 553derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $843,709derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 49%derivedof RAUM
- Institutional
- 52%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 0.3derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- -90%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.9%derived
- Compensation
- percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $22.4M, 3 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
- is an insurance broker or agent (6.A.6)
- 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
- Pension and profit-sharing plans$401M28%
- High-net-worth individuals$384M27%
- State and municipal entities$266M19%
- Individuals$149M10%
- Other investment advisers$121M8.4%
- Charitable organizations$76.8M5.3%
- Pooled investment vehicles$22.4M1.6%
- Corporations and businesses$18.9M1.3%
- Individual clients
- 393reported
- HNW clients
- 160reported
- Pension plan clients
- 58reported
- Charitable clients
- 17reported
- Accounts
- 1,710reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $22.4M for 3 clientsreported
- Compensation
- % of AUM, fixed, hourly, performancereported
- Class basis
- private_client_share=0.37 fund_share=0.1 institutional_share=0.52 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Robert Lee Hackenberg | Allentown, Pa | Jul 20, 1998 | 42 y | 1 |
Advisor movement
10 left, 0 joined in 12 months
net -10 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 1000% of current headcount10 left over 36 months
Left, latest
- Thomas Ronald Sylvester to Choreo, LLCMar 5, 2026 · RIA to RIA
- William Joseph Fisher to Choreo, LLCMar 5, 2026 · RIA to RIA
- Josh Robert Laychock to Herbein Financial Group, LLCMar 5, 2026 · Other
- Dominic Loyola Voiland to Choreo, LLCMar 5, 2026 · RIA to RIA
- Camerone Vincent Giancaterino to Choreo, LLCMar 5, 2026 · RIA to RIA
- Kyle O'Neill to Choreo, LLCMar 5, 2026 · RIA to RIA
- Peter Christopher Pape to Choreo, LLCMar 5, 2026 · RIA to RIA
- Jonathan Lee Kline to Lakewood Financial Group, LLCFeb 2, 2026 · RIA to a state-registered adviser
- Alexander Farnum Lippitt to Lakewood Financial Group, LLCFeb 2, 2026 · RIA to a state-registered adviser
- Panos George Grivakis to Lakewood Financial Group, LLCDec 31, 2025 · RIA to a state-registered adviser
- Gerard Francis Clunan to Hershey Financial Advisers, LLCMay 7, 2009 · Other
Joined, latest
- William Joseph Fisher from Equitable Advisors, LLCAug 15, 2025 · Affiliated broker-dealer or bank to independent RIA
- Peter Christopher Pape from Equitable Advisors, LLCMay 21, 2018 · Affiliated broker-dealer or bank to independent RIA
- Josh Robert Laychock from Equitable Advisors, LLCNov 14, 2007 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 6 left for Choreo, LLCMar 5, 2026 · Allentown, Pa · Firm absorbed
- 2 left for Lakewood Financial Group, LLCFeb 2, 2026 · Allentown, Pa
Private funds
4 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Capital Partners Alternative Income & Growth Fund, LLC | Other Private Fund | $13.0M | 24 | Mar 29, 2019 |
| Capital Partners Lending Fund, LLC | Securitized Asset Fund | $4.1M | 25 | Mar 30, 2018 |
| H&L Capital Group II, LLC | Real Estate Fund | $3.6M | 9 | Apr 1, 2016 |
| H&L Capital Group, LLC | Real Estate Fund | $1.7M | 10 | Apr 1, 2016 |
Owners and control persons
Schedule A and B, latest filing
- Robert Josh Laychock · Presidentcontrolsince 01/2024 · owns 75% or more
- Lee Robert Hackenberg · Chief Compliance Officersince 08/1987 · owns less than 5%
- Farnum Alexander Lippitt · Chief Investment Officersince 08/2022 · owns less than 5%
Related persons
Schedule D 7.A
- Herbein Financial Group, LLCinvestment adviserreal estatey
- Nefg Capital Partners, LLCpooled vehicle sponsory
Advisers that list Northeast Financial Group, Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Allentown, Pa · principal | 1 | 0 | 10 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Wyomissing, PA2 employees
- Tannersville, PA1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- advisor count dropChange between filings · filing Mar 29, 2026advisory representatives (Item 5.B.3) moved from 10.0 to 1.0 (-90.0%) between the annual amendments of 2025-03-26 and 2026-03-29; the peer median change was 0.0% (999 comparable advisers, 0.0th percentile of changes)peers: independent wealth managers, $1B to $5B (999) · 0.4% percentile
- employee count dropChange between filings · filing Mar 29, 2026employees (Item 5.A) moved from 10.0 to 1.0 (-90.0%) between the annual amendments of 2025-03-26 and 2026-03-29; the peer median change was +4.0% (1050 comparable advisers, 0.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,050) · 0.0% percentile
What changed
consecutive filings, newest first
- Accounts · 1,368 to 1,710Mar 26, 2025 to Mar 29, 2026
- Advisory employees · 10 to 1Mar 26, 2025 to Mar 29, 2026
- Charity clients · 13 to 17Mar 26, 2025 to Mar 29, 2026
- Corporate clients · 3 to 14Mar 26, 2025 to Mar 29, 2026
- HNW clients · 109 to 160Mar 26, 2025 to Mar 29, 2026
- Individual clients · 418 to 393Mar 26, 2025 to Mar 29, 2026
- Pension plan clients · 59 to 58Mar 26, 2025 to Mar 29, 2026
- Pooled vehicle clients · 3 to 4Mar 26, 2025 to Mar 29, 2026
- Assets in custody · $19.5M to $22.4MMar 26, 2025 to Mar 29, 2026
- Employees · 10 to 1Mar 26, 2025 to Mar 29, 2026
- Insurance-licensed employees · 1 to 0Mar 26, 2025 to Mar 29, 2026
- State-registered IARs · 10 to 1Mar 26, 2025 to Mar 29, 2026
- Discretionary RAUM · $595M to $708MMar 26, 2025 to Mar 29, 2026
- HNW RAUM · $293M to $384MMar 26, 2025 to Mar 29, 2026
- Individual RAUM · $136M to $149MMar 26, 2025 to Mar 29, 2026
- Non-discretionary RAUM · $610M to $735MMar 26, 2025 to Mar 29, 2026
- Pension RAUM · $391M to $401MMar 26, 2025 to Mar 29, 2026
- Pooled vehicle RAUM · $19.5M to $22.4MMar 26, 2025 to Mar 29, 2026
- RAUM · $1.2B to $1.4BMar 26, 2025 to Mar 29, 2026
- Accounts · 1,639 to 1,368Dec 12, 2024 to Mar 26, 2025
- Advisory employees · 9 to 10Dec 12, 2024 to Mar 26, 2025
- BD registered reps · 2 to 0Dec 12, 2024 to Mar 26, 2025
- Charity clients · 4 to 13Dec 12, 2024 to Mar 26, 2025
- Corporate clients · 7 to 3Dec 12, 2024 to Mar 26, 2025
- HNW clients · 83 to 109Dec 12, 2024 to Mar 26, 2025
- Individual clients · 423 to 418Dec 12, 2024 to Mar 26, 2025
- Pension plan clients · 117 to 59Dec 12, 2024 to Mar 26, 2025
- Assets in custody · $23.3M to $19.5MDec 12, 2024 to Mar 26, 2025
- Employees · 9 to 10Dec 12, 2024 to Mar 26, 2025
- Financial planning clients · 11-25 to 26-50Dec 12, 2024 to Mar 26, 2025
- State-registered IARs · 9 to 10Dec 12, 2024 to Mar 26, 2025
- Discretionary RAUM · $539M to $595MDec 12, 2024 to Mar 26, 2025
- HNW RAUM · $192M to $293MDec 12, 2024 to Mar 26, 2025
- Individual RAUM · $135M to $136MDec 12, 2024 to Mar 26, 2025
- Non-discretionary RAUM · $462M to $610MDec 12, 2024 to Mar 26, 2025
- Pension RAUM · $592M to $391MDec 12, 2024 to Mar 26, 2025
- Pooled vehicle RAUM · $23.3M to $19.5MDec 12, 2024 to Mar 26, 2025
- RAUM · $1.0B to $1.2BDec 12, 2024 to Mar 26, 2025
- Accounts · 1,524 to 1,639Feb 21, 2024 to Mar 27, 2024
- Advisory employees · 7 to 9Feb 21, 2024 to Mar 27, 2024
Signals
14 dated events
- Northeast Financial Group, Inc.'s advisors moved to Choreo, LLC (Allentown, PA): 6 of 8 registered, on the same dayMar 5, 2026 · Firm absorbed (people side) · derived
- Kyle O'Neill left Northeast Financial Group, Inc. for Choreo, Llc (registered 2026-03-10)Mar 5, 2026 · Advisor changed firm · fact
- Thomas Ronald Sylvester left Northeast Financial Group, Inc. for Choreo, Llc (registered 2026-03-11)Mar 5, 2026 · Advisor changed firm · fact
- Josh Robert Laychock left Northeast Financial Group, Inc. for Herbein Financial Group, Llc (registered 2022-09-02)Mar 5, 2026 · Advisor changed firm · fact
- Dominic Loyola Voiland left Northeast Financial Group, Inc. for Choreo, Llc (registered 2026-03-12)Mar 5, 2026 · Advisor changed firm · fact
- Camerone Vincent Giancaterino left Northeast Financial Group, Inc. for Choreo, Llc (registered 2026-03-10)Mar 5, 2026 · Advisor changed firm · fact
- Peter Christopher Pape left Northeast Financial Group, Inc. for Choreo, Llc (registered 2026-03-11)Mar 5, 2026 · Advisor changed firm · fact
- William Joseph Fisher left Northeast Financial Group, Inc. for Choreo, Llc (registered 2026-03-17)Mar 5, 2026 · Advisor changed firm · fact
- Jonathan Lee Kline left Northeast Financial Group, Inc. for Lakewood Financial Group, Llc (registered 2026-01-15)Feb 2, 2026 · Advisor changed firm · fact
- Alexander Farnum Lippitt left Northeast Financial Group, Inc. for Lakewood Financial Group, Llc (registered 2026-01-15)Feb 2, 2026 · Advisor changed firm · fact
- 2 advisors left Northeast Financial Group, Inc. (Allentown, PA) for Lakewood Financial Group, LLC on the same dayFeb 2, 2026 · Team lift-out · derived
- Panos George Grivakis left Northeast Financial Group, Inc. for Lakewood Financial Group, Llc (registered 2026-01-15)Dec 31, 2025 · Advisor changed firm · fact
- Northeast Financial Group, Inc. reported RAUM $1.0B, up 29% from $775.1M (2024-02-21 to 2024-03-27)Mar 27, 2024 · RAUM change · derived
- Northeast Financial Group, Inc. filed its initial SEC registration (Form ADV)Jun 4, 2013 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Northeast Financial Group, Inc. · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business phone
- 570-688-2944reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 570-688-9898reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/NORTHEAST-FINANCIAL-GROUP-INC.reportedpublic record, Form ADV, Sep 17, 2026
- Website
- NEFGINC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 570-688-9898reportedpublic record, Form ADV, Jul 28, 2026
- Contact form
- nefginc.com/contactreportedpublished by the firm, firm site, Sep 17, 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $1.4Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
Northeast Financial Group, Inc. is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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