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

Quartz Partners Investment Management

Independent wealth managerSaratoga Springs, New YorkCRD 174327SEC 801-80822websiteIAPD
Legal name Quartz Partners, LLC
Latest filing Jun 8, 2026
First filing on the tape Dec 26, 2014 · 43 filings
SEC status approved since Jan 20, 2015
RAUM
$612M
reported, Item 5.F
Discretionary
59%
of RAUM
Private clients
59%
$362M individuals and HNW
Advisors
29
registered through the firm on IAPD
RAUM per advisor
$21.1M
derived; firm RAUM over IAPD count
Employees
26
22 advisory (5.B.1)
Offices
12
beyond the principal office
Private funds
0
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$612M as of Jun 8, 2026
Mar 27, 2015$0 then
HNW client RAUM$206M as of Jun 8, 2026
Mar 29, 2023$1.6M then
State-registered IARs (5.B.3)13 as of Jun 8, 2026
Mar 27, 20152 then
Employees (5.A)26 as of Jun 8, 2026
Mar 27, 20154 then
Private funds: no history
RAUM +143% over the last fiscal year+129% a year over threeIARs 13 to 13offices 8 to 12
Practice profile
derived from the filing of Jun 8, 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
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$21.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
26derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$479,206derivedRAUM over accounts (5.F.2.f)
Discretionary
59%derivedof RAUM
Institutional
5.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
2.2derived13 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
-4.3%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, otherreportedItem 5.G
Wrap fee program
$204MreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Firms absorbed, 24 months
1derivedhalf or more of a firm's advisors moved here within 14 days
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
  • Other investment advisers$212M35%
  • High-net-worth individuals$206M34%
  • Individuals$156M26%
  • Pension and profit-sharing plans$33.8M5.5%
  • Corporations and businesses$3.5M0.6%
  • Charitable organizations$7420.0%
Individual clients
656reported
HNW clients
88reported
Pension plan clients
10reported
Charitable clients
1reported
Accounts
1,277reported
Financial planning clients
0reported
Wrap fee programs
$15.7M sponsored, $225M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.59 fund_share=0.35 institutional_share=0.06 related_bd=true related_bank=false bd_reps=8.0derived
Advisors registered through the firm
29 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Joseph William ArenaSaratoga Springs, Ny Jan 27, 201513 y2
Kyle Patrick WebberSaratoga Springs, NyJan 27, 201519 y4
Stephen Howard LullaCambridge, Ny Aug 31, 202110 y0
Joseph Albert LeoUtica, NyMay 1, 202321 y1
Matthew Alan NiggBloomington, InMay 2, 202328 y3
Stephen Charles FurnoSaratoga Springs, Ny May 2, 202330 y4
Mark Randal CameronLas Colinas, TxMay 2, 202328 y6
James Edward RutherfordSaratoga Springs, NyMay 2, 202335 y3
George Dennis LexChartered Financial ConsultantSaratoga Springs, Ny May 3, 202330 y3
Donald Joe FlorenceDanville, InAug 16, 202322 y4
Tyson Mcginn MarlowMount Pleasant, ScAug 29, 202319 y2
Pierre DuchmannUtica, Ny Jan 6, 202510 y0
Anthony F SpencerSaratoga Springs, NyMar 4, 202512 y2
David BossovDeerfield, Il Apr 1, 202516 y4
Mark Joseph LandauSaratoga Springs, NyApr 21, 202519 y4
Jonathan HoenigChicago, Il Apr 22, 202511 y0
Ross Paul BrunerShelter Island, Ny May 12, 202530 y3
Benjamin Christian GeraldSaratoga Springs, Ny May 22, 202517 y2
Joshua Tyler GilbertSaratoga Springs, NyJul 16, 202511 y2
Jack Napoli TalaricoSaratoga Springs, Ny Aug 8, 202511 y0
Joseph NassarEgg Harbor Township, Nj Sep 16, 202511 y2
Luis Enrique ServellonSaratoga Springs, NyJan 7, 202610 y0
Eric Michael ReedSaratoga Springs, Ny Jan 14, 202612 y1
Andrew Charles HowardSaratoga Springs, Ny Apr 27, 202619 y2
Charles Thomas HowardSaratoga Springs, Ny Apr 27, 202619 y2
Lambert Cadwalader BunkerDenver, Co Apr 28, 202616 y2
Michael J KulinskiSaratoga Springs, Ny Apr 30, 202627 y4
David Joseph StockSaratoga Springs, Ny Jun 11, 202620 y2
David Matthew CroceEvergreen, Co Sep 4, 202626 y2
Advisor movement
2 left, 8 joined in 12 months
net +6 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 6.9% of current headcount2 left over 36 months
Left, latest
Joined, latest
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
    • William Joseph Arena · Managing Member & Chief Investment Officercontrol
      since 12/2014 · owns less than 5%
    • Albert Joseph Leo · Chief Executive Officer & Managing Membercontrol
      since 04/2023 · owns less than 5%
    • Patrick Kyle Webber · Managing Member, Chief Operating Officer & Chief Compliance Officercontrol
      since 12/2014 · owns less than 5%
    • William Joseph Arena · Member And Elected Managercontrol
      since 02/2022 · owns F of Etico Financial, LLC
    • Patrick Kyle Webber · Member And Elected Managercontrol
      since 02/2022 · owns F of Etico Financial, LLC
    • Albert Joseph Leo · Member And Elected Manager
      since 01/2018 · owns 25% to 50% of Etico Financial, LLC
    • Alan Scott Weisman · Member And Elected Manager Through Pterodactyl Holdings
      since 01/2018 · owns 25% to 50% of Etico Financial, LLC
    Entity owners
    • Etico Financial, LLC · Member
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    Advisers that list Quartz Partners Investment Management as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Saratoga Springs, Ny · principal2491
    Mckinney, Tx210
    Utica, Ny200
    Dumont, Nj001
    Offices
    Schedule D 1.F, the 25 largest
    • King Of Prussia, PA1 employees
    • Danville, IN1 employees
    • Las Colinas, TX1 employees
    • Mt. Pleasant, SC1 employees
    • Utica, NY1 employees
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Charity clients · unset to 1.0
      May 13, 2026 to Jun 8, 2026
    • HNW clients · 67 to 88
      May 13, 2026 to Jun 8, 2026
    • Individual clients · 621 to 656
      May 13, 2026 to Jun 8, 2026
    • Pension plan clients · 8 to 10
      May 13, 2026 to Jun 8, 2026
    • Discretionary RAUM · $349M to $358M
      May 13, 2026 to Jun 8, 2026
    • HNW RAUM · $181M to $206M
      May 13, 2026 to Jun 8, 2026
    • Individual RAUM · $178M to $156M
      May 13, 2026 to Jun 8, 2026
    • Non-discretionary RAUM · $48.4M to $254M
      May 13, 2026 to Jun 8, 2026
    • Pension RAUM · $30.8M to $33.8M
      May 13, 2026 to Jun 8, 2026
    • RAUM · $398M to $612M
      May 13, 2026 to Jun 8, 2026
    • Wrap assets (manager) · $4.7M to $225M
      May 13, 2026 to Jun 8, 2026
    • Wrap assets (sponsor) · $15.1M to $15.7M
      May 13, 2026 to Jun 8, 2026
    • Accounts · 1,124 to 1,277
      Oct 10, 2025 to Dec 26, 2025
    • Advisory employees · 13 to 22
      Oct 10, 2025 to Dec 26, 2025
    • Corporate clients · 1 to 3
      Oct 10, 2025 to Dec 26, 2025
    • HNW clients · 46 to 67
      Oct 10, 2025 to Dec 26, 2025
    • Individual clients · 646 to 621
      Oct 10, 2025 to Dec 26, 2025
    • Employees · 17 to 26
      Oct 10, 2025 to Dec 26, 2025
    • Other offices · 9 to 12
      Oct 10, 2025 to Dec 26, 2025
    • Discretionary RAUM · $230M to $349M
      Oct 10, 2025 to Dec 26, 2025
    • HNW RAUM · $106M to $181M
      Oct 10, 2025 to Dec 26, 2025
    • Individual RAUM · $132M to $178M
      Oct 10, 2025 to Dec 26, 2025
    • Non-discretionary RAUM · $50.9M to $48.4M
      Oct 10, 2025 to Dec 26, 2025
    • Pension RAUM · $29.0M to $30.8M
      Oct 10, 2025 to Dec 26, 2025
    • RAUM · $281M to $398M
      Oct 10, 2025 to Dec 26, 2025
    • Wrap assets (manager) · $12.0M to $4.7M
      Oct 10, 2025 to Dec 26, 2025
    • Wrap assets (sponsor) · $13.8M to $15.1M
      Oct 10, 2025 to Dec 26, 2025
    • Financial planning clients · 0 to 0
      May 28, 2025 to Oct 10, 2025
    • Accounts · 1,164 to 1,124
      Mar 28, 2024 to Mar 31, 2025
    • Advisory employees · 14 to 13
      Mar 28, 2024 to Mar 31, 2025
    • BD registered reps · 11 to 8
      Mar 28, 2024 to Mar 31, 2025
    • Corporate clients · 2 to 1
      Mar 28, 2024 to Mar 31, 2025
    • HNW clients · 62 to 46
      Mar 28, 2024 to Mar 31, 2025
    • Individual clients · 661 to 646
      Mar 28, 2024 to Mar 31, 2025
    • Employees · 18 to 17
      Mar 28, 2024 to Mar 31, 2025
    • Other offices · 8 to 9
      Mar 28, 2024 to Mar 31, 2025
    • Discretionary RAUM · $208M to $230M
      Mar 28, 2024 to Mar 31, 2025
    • HNW RAUM · $104M to $106M
      Mar 28, 2024 to Mar 31, 2025
    • Individual RAUM · $111M to $132M
      Mar 28, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $43.4M to $50.9M
      Mar 28, 2024 to Mar 31, 2025
    Signals
    8 dated events
    • Jorge Luis Taverasurena left Quartz Partners Investment Management for Quint Capital Management (registered 2026-06-10)
      Jun 11, 2026 · Advisor changed firm · fact
    • Quartz Partners Investment Management reported RAUM $611.9M, up 54% from $397.8M (2026-05-13 to 2026-06-08)
      Jun 8, 2026 · RAUM change · derived
    • Athenainvest Advisors LLC's advisors moved to Quartz Partners Investment Management (Greenwood Village, CO): 4 of 4 registered, on the same day
      Jun 8, 2026 · Firm absorbed (people side) · derived
    • Quartz Partners Investment Management reported RAUM $397.8M, up 42% from $281.0M (2025-10-10 to 2025-12-26)
      Dec 26, 2025 · RAUM change · derived
    • William Vincent Canale left Quartz Partners Investment Management for Ameriprise Financial Services, Llc (registered 2025-11-07)
      Nov 10, 2025 · Advisor changed firm · fact
    • Etico Wealth Management LLC's advisors moved to Quartz Partners Investment Management (Saratoga Springs, NY): 5 of 8 registered, a day apart
      Oct 24, 2023 · Firm absorbed (people side) · derived
    • Quartz Partners Investment Management reported 8 offices beyond its principal office, up from 1 (2023-05-01 to 2023-05-12)
      May 12, 2023 · Office count change · derived
    • Quartz Partners filed its initial SEC registration (Form ADV)
      Dec 26, 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.
    How to reach
    public business contact points only, each with its source
    Business email
    hello@quartzpartners.comreportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    800-433-0422reportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    linkedin.com/company/quartz-partners-investment-managementreportedpublic record, Form ADV, Sep 17, 2026
    Firm profile
    linkedin.com/company/etico-financialreportedpublic record, Form ADV, Sep 17, 2026
    Website
    quartzpartners.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    800-433-0422reportedpublic record, Form ADV, Jun 8, 2026
    Contact form
    quartzpartners.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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $21.1Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026