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

Imz Advisory Inc.

Independent wealth managerBoca Raton, FloridaCRD 314890SEC 801-122106websiteIAPD
Latest filing Aug 12, 2026
First filing on the tape Jul 16, 2021 · 16 filings
SEC status approved since Aug 18, 2021
RAUM
$453M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
66%
$298M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$113M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$453M as of Aug 12, 2026
Feb 4, 2022$101M then
HNW client RAUM$247M as of Aug 12, 2026
Feb 4, 2022$65.1M then
State-registered IARs (5.B.3)4 as of Aug 12, 2026
Feb 4, 20222 then
Employees (5.A)4 as of Aug 12, 2026
Feb 4, 20224 then
Private funds: no history
RAUM +19% over the last fiscal year+31% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Aug 12, 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
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • 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
RAUM per advisor
$113MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
93derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$901,872derivedRAUM over accounts (5.F.2.f)
Discretionary
86%derivedof RAUM
Institutional
34%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+67%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 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)
  • 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
  • High-net-worth individuals$247M55%
  • Pension and profit-sharing plans$155M34%
  • Individuals$51.0M11%
Individual clients
247reported
HNW clients
125reported
Pension plan clients
70reported
Charitable clients
n/areported
Accounts
502reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.66 fund_share=0.0 institutional_share=0.34 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Cory DavisBoca Raton, FlAug 25, 202114 y2
Christian Joseph RussoBoca Raton, FlAug 27, 202112 y0
Irwin Michael ZagoriaBoca Raton, FlAug 27, 202131 y2
Bradley Andrew KatteBoca Raton, FlDec 16, 202413 y1
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Shellie Correa · Coo And Ccocontrol
      since 10/2023 · owns less than 5%
    • J Cory Davis · Vice Presidentcontrol
      since 04/2021 · owns less than 5%
    • Michael Irwin Zagoria · President And Ceocontrol
      since 04/2021 · owns less than 5%
    • J Cory Davis · Ownercontrol
      since 04/2021 · owns 25% to 50% of Imz Financial Services, Inc.
    • Michael Irwin Zagoria · Ownercontrol
      since 04/2021 · owns 50% to 75% of Imz Financial Services, Inc.
    Entity owners
    • Imz Financial Services, Inc. · Owner
      direct · 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
    OfficeAdvisorsJoinedLeftTeams outForming
    Boca Raton, Fl · principal400
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • client count surgeChange between filings · filing Mar 3, 2026
      individual and HNW clients (Item 5.D) moved from 223.0 to 372.0 (+67.0%) between the annual amendments of 2025-02-21 and 2026-03-03; the peer median change was +3.0% (3309 comparable advisers, 98.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,309) · 98% percentile
    • HNW share shiftChange between filings · filing Mar 3, 2026
      HNW share of RAUM moved from 37.0% to 55.0% between the annual amendments of 2025-02-21 and 2026-03-03
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 655 to 502
      Nov 16, 2025 to Mar 3, 2026
    • HNW clients · 33 to 125
      Nov 16, 2025 to Mar 3, 2026
    • Individual clients · 190 to 247
      Nov 16, 2025 to Mar 3, 2026
    • Pension plan clients · 75 to 70
      Nov 16, 2025 to Mar 3, 2026
    • State-registered IARs · 3 to 4
      Nov 16, 2025 to Mar 3, 2026
    • Discretionary RAUM · $323M to $388M
      Nov 16, 2025 to Mar 3, 2026
    • HNW RAUM · $140M to $247M
      Nov 16, 2025 to Mar 3, 2026
    • Individual RAUM · $101M to $51.0M
      Nov 16, 2025 to Mar 3, 2026
    • Non-discretionary RAUM · $58.9M to $64.5M
      Nov 16, 2025 to Mar 3, 2026
    • Pension RAUM · $141M to $155M
      Nov 16, 2025 to Mar 3, 2026
    • RAUM · $382M to $453M
      Nov 16, 2025 to Mar 3, 2026
    • Accounts · 590 to 655
      Apr 2, 2024 to Feb 21, 2025
    • Advisory employees · 2 to 3
      Apr 2, 2024 to Feb 21, 2025
    • BD registered reps · 0 to 1
      Apr 2, 2024 to Feb 21, 2025
    • HNW clients · 29 to 33
      Apr 2, 2024 to Feb 21, 2025
    • Individual clients · 170 to 190
      Apr 2, 2024 to Feb 21, 2025
    • Pension plan clients · 65 to 75
      Apr 2, 2024 to Feb 21, 2025
    • Financial planning clients · unset to
      Apr 2, 2024 to Feb 21, 2025
    • State-registered IARs · 2 to 3
      Apr 2, 2024 to Feb 21, 2025
    • Discretionary RAUM · $264M to $323M
      Apr 2, 2024 to Feb 21, 2025
    • HNW RAUM · $138M to $140M
      Apr 2, 2024 to Feb 21, 2025
    • Individual RAUM · $82.4M to $101M
      Apr 2, 2024 to Feb 21, 2025
    • Non-discretionary RAUM · $56.1M to $58.9M
      Apr 2, 2024 to Feb 21, 2025
    • Pension RAUM · $100M to $141M
      Apr 2, 2024 to Feb 21, 2025
    • RAUM · $320M to $382M
      Apr 2, 2024 to Feb 21, 2025
    • Accounts · 467 to 590
      Oct 24, 2023 to Jan 26, 2024
    • HNW clients · 28 to 29
      Oct 24, 2023 to Jan 26, 2024
    • Individual clients · 158 to 170
      Oct 24, 2023 to Jan 26, 2024
    • Pension plan clients · 45 to 65
      Oct 24, 2023 to Jan 26, 2024
    • Discretionary RAUM · $202M to $264M
      Oct 24, 2023 to Jan 26, 2024
    • HNW RAUM · $102M to $138M
      Oct 24, 2023 to Jan 26, 2024
    • Individual RAUM · $57.1M to $82.4M
      Oct 24, 2023 to Jan 26, 2024
    • Non-discretionary RAUM · $0 to $56.1M
      Oct 24, 2023 to Jan 26, 2024
    • Pension RAUM · $43.0M to $100M
      Oct 24, 2023 to Jan 26, 2024
    • RAUM · $202M to $320M
      Oct 24, 2023 to Jan 26, 2024
    • BD registered reps · 2 to 0
      Feb 2, 2023 to Oct 24, 2023
    • Accounts · 122 to 467
      Apr 11, 2022 to Jan 13, 2023
    • HNW clients · 16 to 28
      Apr 11, 2022 to Jan 13, 2023
    • Individual clients · 40 to 158
      Apr 11, 2022 to Jan 13, 2023
    • Pension plan clients · 16 to 45
      Apr 11, 2022 to Jan 13, 2023
    Signals
    4 dated events
    • Imz Advisory Inc. reported RAUM $320.3M, up 59% from $201.7M (2023-10-24 to 2024-01-26)
      Jan 26, 2024 · RAUM change · derived
    • Shellie Correa (Coo And Cco) appeared on Schedule A of Imz Advisory Inc.
      Oct 24, 2023 · Control person joined · fact
    • Imz Advisory Inc. reported RAUM $201.7M, up 100% from $101.0M (2022-04-11 to 2023-01-13)
      Jan 13, 2023 · RAUM change · derived
    • Imz Advisory filed its initial SEC registration (Form ADV)
      Jul 16, 2021 · 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 phone
    561-368-2336reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    561-368-2339reportedpublished by the firm, firm site, Sep 17, 2026
    Website
    imzfinancialservices.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    561-368-2336reportedpublic record, Form ADV, Aug 12, 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
    $113Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026