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

Kaizen Advisory, LLC

Former SEC-registered adviserWheaton, IllinoisCRD 171520SEC 801-80221IAPD
Latest filing Mar 1, 2019
First filing on the tape Aug 12, 2014 · 15 filings
RAUM
$275M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
2.2%
$6.0M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$275M as of Mar 1, 2019
Feb 22, 2016$145M then
HNW client RAUM$6.0M as of Mar 1, 2019
Mar 26, 2018$5.5M then
State-registered IARs (5.B.3)3 as of Mar 1, 2019
Mar 31, 20151 then
Employees (5.A)3 as of Mar 1, 2019
Mar 31, 20151 then
Private funds: no history
RAUM +8.7% over the last fiscal year+24% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 1, 2019; every figure names its basis
RAUM per advisor
$91.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$666,667derivedHNW RAUM over HNW clients
Average account
$30.5MderivedRAUM 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
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+8.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisersreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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
  • Investment companies$269M98%
  • High-net-worth individuals$6.0M2.2%
Individual clients
n/areported
HNW clients
9reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
9reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Richard Thomas Young · Managing Member, Chief Compliance Officercontrol
      since 05/2014 · owns less than 5%
    • Dean Zayed · Ownercontrol
      since 03/2015 · owns 75% or more
    Related persons
    Schedule D 7.A
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 10 to 9
      Oct 12, 2018 to Mar 1, 2019
    • Discretionary RAUM · $253M to $275M
      Oct 12, 2018 to Mar 1, 2019
    • HNW RAUM · $5.5M to $6.0M
      Oct 12, 2018 to Mar 1, 2019
    • RAUM · $253M to $275M
      Oct 12, 2018 to Mar 1, 2019
    • Wrap assets (manager) · $31.0M to $0
      Oct 12, 2018 to Mar 1, 2019
    • Accounts · 50 to 10
      Sep 18, 2017 to Mar 26, 2018
    • Advisory activities · 3 to 4
      Sep 18, 2017 to Mar 26, 2018
    • BD registered reps · 1 to 0
      Sep 18, 2017 to Mar 26, 2018
    • HNW clients · unset to 9.0
      Sep 18, 2017 to Mar 26, 2018
    • Other offices · unset to 0.0
      Sep 18, 2017 to Mar 26, 2018
    • Discretionary RAUM · $155M to $253M
      Sep 18, 2017 to Mar 26, 2018
    • HNW RAUM · unset to 5500000.0
      Sep 18, 2017 to Mar 26, 2018
    • RAUM · $155M to $253M
      Sep 18, 2017 to Mar 26, 2018
    • Wrap assets (manager) · unset to 31000000.0
      Sep 18, 2017 to Mar 26, 2018
    • Wrap assets (sponsor) · unset to 0.0
      Sep 18, 2017 to Mar 26, 2018
    • Accounts · 2 to 50
      Feb 22, 2016 to Jan 17, 2017
    • Advisory employees · 2 to 3
      Feb 22, 2016 to Jan 17, 2017
    • State-registered IARs · 1 to 3
      Feb 22, 2016 to Jan 17, 2017
    • Discretionary RAUM · $145M to $155M
      Feb 22, 2016 to Jan 17, 2017
    • RAUM · $145M to $155M
      Feb 22, 2016 to Jan 17, 2017
    • Accounts · unset to 2.0
      Feb 8, 2016 to Feb 22, 2016
    • Advisory employees · 1 to 2
      Feb 8, 2016 to Feb 22, 2016
    • Advisory activities · 1 to 3
      Feb 8, 2016 to Feb 22, 2016
    • Employees · 1 to 3
      Feb 8, 2016 to Feb 22, 2016
    • Discretionary RAUM · unset to 145000000.0
      Feb 8, 2016 to Feb 22, 2016
    • Non-discretionary RAUM · unset to 0.0
      Feb 8, 2016 to Feb 22, 2016
    • RAUM · unset to 145000000.0
      Feb 8, 2016 to Feb 22, 2016
    • Advisory activities · 2 to 1
      Dec 2, 2014 to Mar 31, 2015
    • Related adviser · false to true
      Dec 2, 2014 to Mar 31, 2015
    • Advisory activities · 1 to 2
      Aug 12, 2014 to Dec 2, 2014
    Signals
    1 dated events
    • Kaizen Advisory, Llc filed its initial SEC registration (Form ADV)
      Aug 12, 2014 · 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