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

Frisch Financial Group, Inc.

Independent wealth managerMelville, New YorkCRD 126524SEC 801-62300websiteIAPD
Latest filing Apr 10, 2026
First filing on the tape Feb 28, 2012 · 31 filings
SEC status approved since Aug 21, 2003
RAUM
$932M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
99%
$924M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$155M
derived; firm RAUM over IAPD count
Employees
18
7 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$932M as of Apr 10, 2026
Feb 28, 2012$230M then
HNW client RAUM$819M as of Apr 10, 2026
Mar 29, 2018$301M then
State-registered IARs (5.B.3)6 as of Apr 10, 2026
Mar 28, 20134 then
Employees (5.A)18 as of Apr 10, 2026
Mar 28, 201312 then
Private funds: no history
RAUM +18% over the last fiscal year+16% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Apr 10, 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
RAUM per advisor
$155MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
100derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$529,599derivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.2derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+10%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$18.4M, 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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$819M88%
  • Individuals$104M11%
  • Charitable organizations$4.5M0.5%
  • Pension and profit-sharing plans$3.4M0.4%
  • Corporations and businesses$77,5730.0%
Individual clients
243reported
HNW clients
358reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,759reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$18.4M for 3 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Joyce Ann StreithorstCertified Financial PlannerMelville, NyFeb 2, 201121 y0
David Andrew FrischCertified Financial Planner, Personal Financial SpecialistMelville, NyFeb 3, 201127 y0
Jason Matthew SacksCertified Financial PlannerMelville, NyFeb 3, 201129 y1
Shawn Patrick GallagherCertified Financial PlannerMelville, NyMay 19, 201521 y1
Josiah ChoyChartered Financial AnalystMelville, NyJun 5, 201717 y1
Li GettlemanCertified Financial PlannerMelville, NyAug 13, 202511 y0
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 33% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Andrew David Frisch · Chief Executive Officer / Shareholdercontrol
    since 06/1999 · owns 75% or more
  • Patrick Shawn Gallagher · Shareholdercontrol
    since 11/2022 · owns less than 5%
  • Matthew Jason Sacks · Shareholdercontrol
    since 12/2010 · owns 5% to 10%
  • Ann Joyce Streithorst · Chief Compliance Officer / Shareholdercontrol
    since 03/2010 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Melville, Ny · principal602
Offices
Schedule D 1.F, the 25 largest
  • New York, NY1 employees
  • Tampa, FL1 employees
  • White Plains, NY1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • high employee count relative to advisorsStatic outlier · filing Apr 10, 2026
    employees per registered advisor of 3.0 against a peer median of 1.4 (947 comparable advisers, 98.0th percentile, 4.0 robust deviations)
    peers: independent wealth managers, $500M to $1B (947) · 98% percentile
  • control person changedChange between filings · filing Apr 10, 2026
    SACKS, JASON, MATTHEW (SHAREHOLDER) left Schedule A between the filings of 2023-03-28 and 2026-04-10
    peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
  • Accounts · 1,625 to 1,759
    Mar 28, 2025 to Mar 27, 2026
  • Advisory activities · 3 to 2
    Mar 28, 2025 to Mar 27, 2026
  • HNW clients · 296 to 358
    Mar 28, 2025 to Mar 27, 2026
  • Individual clients · 250 to 243
    Mar 28, 2025 to Mar 27, 2026
  • Assets in custody · $19.0M to $18.4M
    Mar 28, 2025 to Mar 27, 2026
  • Employees · 16 to 18
    Mar 28, 2025 to Mar 27, 2026
  • Discretionary RAUM · $747M to $893M
    Mar 28, 2025 to Mar 27, 2026
  • HNW RAUM · $667M to $819M
    Mar 28, 2025 to Mar 27, 2026
  • Individual RAUM · $111M to $104M
    Mar 28, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $43.0M to $38.3M
    Mar 28, 2025 to Mar 27, 2026
  • Pension RAUM · $7.6M to $3.4M
    Mar 28, 2025 to Mar 27, 2026
  • RAUM · $790M to $932M
    Mar 28, 2025 to Mar 27, 2026
  • Accounts · 1,539 to 1,625
    Feb 7, 2025 to Mar 28, 2025
  • Advisory employees · 6 to 7
    Feb 7, 2025 to Mar 28, 2025
  • HNW clients · 250 to 296
    Feb 7, 2025 to Mar 28, 2025
  • Individual clients · 274 to 250
    Feb 7, 2025 to Mar 28, 2025
  • Assets in custody · $20.7M to $19.0M
    Feb 7, 2025 to Mar 28, 2025
  • Employees · 15 to 16
    Feb 7, 2025 to Mar 28, 2025
  • Financial planning clients · 101-250 to 101-250
    Feb 7, 2025 to Mar 28, 2025
  • Other offices · 3 to 4
    Feb 7, 2025 to Mar 28, 2025
  • Discretionary RAUM · $684M to $747M
    Feb 7, 2025 to Mar 28, 2025
  • HNW RAUM · $580M to $667M
    Feb 7, 2025 to Mar 28, 2025
  • Individual RAUM · $130M to $111M
    Feb 7, 2025 to Mar 28, 2025
  • Non-discretionary RAUM · $37.2M to $43.0M
    Feb 7, 2025 to Mar 28, 2025
  • Pension RAUM · $6.9M to $7.6M
    Feb 7, 2025 to Mar 28, 2025
  • RAUM · $721M to $790M
    Feb 7, 2025 to Mar 28, 2025
  • Accounts · 1,460 to 1,539
    Mar 28, 2023 to Mar 22, 2024
  • Corporate clients · 6.0 to unset
    Mar 28, 2023 to Mar 22, 2024
  • HNW clients · 225 to 250
    Mar 28, 2023 to Mar 22, 2024
  • Individual clients · 272 to 274
    Mar 28, 2023 to Mar 22, 2024
  • Assets in custody · $25.7M to $20.7M
    Mar 28, 2023 to Mar 22, 2024
  • Employees · 14 to 15
    Mar 28, 2023 to Mar 22, 2024
  • Discretionary RAUM · $555M to $684M
    Mar 28, 2023 to Mar 22, 2024
  • HNW RAUM · $450M to $580M
    Mar 28, 2023 to Mar 22, 2024
  • Individual RAUM · $117M to $130M
    Mar 28, 2023 to Mar 22, 2024
  • Non-discretionary RAUM · $36.6M to $37.2M
    Mar 28, 2023 to Mar 22, 2024
  • Pension RAUM · $5.6M to $6.9M
    Mar 28, 2023 to Mar 22, 2024
  • RAUM · $592M to $721M
    Mar 28, 2023 to Mar 22, 2024
  • Accounts · 1,430 to 1,460
    Mar 24, 2022 to Mar 28, 2023
  • Corporate clients · 7 to 6
    Mar 24, 2022 to Mar 28, 2023
Signals
4 dated events
  • Peter Vitale left Frisch Financial Group, Inc. for Charles Schwab & Co., Inc. (registered 2026-07-01)
    Jul 3, 2026 · Advisor changed firm · fact
  • Samandar Kasimov left Frisch Financial Group, Inc. for Avestar Capital, Llc (registered 2026-04-19)
    Nov 6, 2025 · Advisor changed firm · fact
  • Patrick Shawn Gallagher (Shareholder) appeared on Schedule A of Frisch Financial Group, Inc.
    Mar 28, 2023 · Control person joined · fact
  • Sol Harold Frisch (Chief Financial Officer) no longer on Schedule A of Frisch Financial Group, Inc. (listed 2020-06-24, absent 2021-03-23)
    Mar 23, 2021 · Control person left · inference
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
212-983-8151reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
212-983-8444reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
516-694-7900reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
LINKEDIN.COM/COMPANY/3041267reportedpublic record, Form ADV, Sep 17, 2026
Website
FRISCHFINANCIAL.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
516-694-7900reportedpublic record, Form ADV, Apr 10, 2026
Contact form
frischfinancial.com/contactreportedpublished 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
$155Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026