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

Beacon Capital Advisory Group

Independent wealth managerCharlotte, North CarolinaCRD 333090SEC 801-131303website IAPD

Legal name Davidson Advisory Group, LLC

Latest filing Jul 17, 2026

First filing on the tape Sep 16, 2024 · 16 filings

SEC status approved since Oct 17, 2024

RAUM

$224M

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

100%

$224M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$112M

derived; firm RAUM over IAPD count

Employees

2 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

16 filings and snapshots on the tape

RAUM$224M as of Jul 17, 2026

Feb 20, 2025$152M then

HNW client RAUM$172M as of Jul 17, 2026

Feb 20, 2025$108M then

State-registered IARs (5.B.3)2 as of Jul 17, 2026

Feb 20, 20252 then

Employees (5.A)4 as of Jul 17, 2026

Feb 20, 20255 then

Private funds: no history

RAUM +47% over the last fiscal yearIARs 2 to 2offices 3 to 1

Practice profile

derived from the filing of Jul 17, 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

RAUM per advisor: $112MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 92derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $3.6MderivedHNW RAUM over HNW clients
Average account: $415,499derivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 2.0derivedItem 5.A over advisors
Advisors per office: 1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year: +47%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: +23%derived
Compensation: percentage of assets, fixed fees, commissions, otherreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutions, educational seminarsreportedItem 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

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)

Where the RAUM sits

Form ADV Item 5.D, latest filing

High-net-worth individuals$172M77%
Individuals$52.0M23%

Individual clients: 136reported
HNW clients: 48reported
Pension plan clients: n/areported
Charitable clients: n/areported
Accounts: 538reported
Financial planning clients: 1-10reported
Wrap fee programs: noreported
Custody of client assets: noreported
Compensation: % of AUM, fixed, commissionsreported
Class basis: private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived

Advisors registered through the firm

2 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
David Frank RotatoriCertified Financial Planner	Charlotte, Nc	Oct 21, 2024	17 y	3
Christopher William ZaccarelliChartered Financial Analyst	Charlotte, Nc	Oct 28, 2024	20 y	2

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

Christopher William Zaccarelli from Independent Advisor Alliance, LLC
Oct 28, 2024 · RIA to a newly registered adviser
David Frank Rotatori from Independent Advisor Alliance, LLC
Oct 21, 2024 · RIA to a newly registered adviser

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

2 joined from Independent Advisor Alliance, LLC
Oct 21, 2024 · Charlotte, Nc

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Frank David Rotatori · Managing Partnercontrol
since 05/2020 · owns 50% to 75%
William Christopher Zaccarelli · Managing Partner And Chief Compliance Officercontrol
since 10/2017 · owns 50% to 75%

Related persons

Schedule D 7.A

No related person reported.

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Charlotte, Nc · principal	2	0	0

Offices

Schedule D 1.F, the 25 largest

Cornelius, NC1 employees
, 1 employees

ADV anomalies

2 against comparable advisers; where to look, not conclusions

office count dropChange between filings · filing Feb 25, 2026
offices other than the principal office (Item 1.F.5) moved from 3.0 to 1.0 (-67.0%) between the annual amendments of 2025-04-11 and 2026-02-25; the peer median change was 0.0% (450 comparable advisers, 2.0th percentile of changes)
peers: independent wealth managers, $100M to $500M (450) · 1.6% percentile
RAUM up 25 %Change between filings · filing Feb 25, 2026
RAUM (Item 5.F) moved from $151,717,271 to $223,538,419 (+47.0%) between the annual amendments of 2025-04-11 and 2026-02-25; the peer median change was +15.0% (4551 comparable advisers, 95.0th percentile of changes)
peers: independent wealth managers, $100M to $500M (4,551) · 95% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 405 to 538
Jan 6, 2026 to Feb 25, 2026
HNW clients · 36 to 48
Jan 6, 2026 to Feb 25, 2026
Individual clients · 114 to 136
Jan 6, 2026 to Feb 25, 2026
Employees · 5 to 4
Jan 6, 2026 to Feb 25, 2026
Discretionary RAUM · $152M to $224M
Jan 6, 2026 to Feb 25, 2026
HNW RAUM · $108M to $172M
Jan 6, 2026 to Feb 25, 2026
Individual RAUM · $44.0M to $52.0M
Jan 6, 2026 to Feb 25, 2026
RAUM · $152M to $224M
Jan 6, 2026 to Feb 25, 2026
Advisory activities · 2 to 4
Jun 19, 2025 to Jul 15, 2025
Commission compensation · false to true
Jun 19, 2025 to Jul 15, 2025
Employees · 6 to 5
Jun 19, 2025 to Jul 15, 2025
Financial planning clients · 1-10 to 1-10
Jun 19, 2025 to Jul 15, 2025
Other offices · 3 to 1
Jun 19, 2025 to Jul 15, 2025
Employees · 5 to 6
Feb 20, 2025 to Apr 11, 2025
Accounts · 239 to 405
Nov 26, 2024 to Feb 20, 2025
Advisory activities · 3 to 2
Nov 26, 2024 to Feb 20, 2025
HNW clients · 33 to 36
Nov 26, 2024 to Feb 20, 2025
Individual clients · 54 to 114
Nov 26, 2024 to Feb 20, 2025
Assets in custody · 0.0 to unset
Nov 26, 2024 to Feb 20, 2025
Custody of client assets · true to false
Nov 26, 2024 to Feb 20, 2025
Financial planning clients · 0 to 1-10
Nov 26, 2024 to Feb 20, 2025
Discretionary RAUM · $105M to $152M
Nov 26, 2024 to Feb 20, 2025
HNW RAUM · $78.0M to $108M
Nov 26, 2024 to Feb 20, 2025
Individual RAUM · $27.5M to $44.0M
Nov 26, 2024 to Feb 20, 2025
RAUM · $105M to $152M
Nov 26, 2024 to Feb 20, 2025
Accounts · 0 to 239
Oct 28, 2024 to Nov 12, 2024
HNW clients · unset to 33.0
Oct 28, 2024 to Nov 12, 2024
Individual clients · unset to 54.0
Oct 28, 2024 to Nov 12, 2024
Other offices · 0 to 3
Oct 28, 2024 to Nov 12, 2024
Discretionary RAUM · $0 to $105M
Oct 28, 2024 to Nov 12, 2024
HNW RAUM · unset to 77961007.0
Oct 28, 2024 to Nov 12, 2024
Individual RAUM · unset to 27518622.0
Oct 28, 2024 to Nov 12, 2024
RAUM · $0 to $105M
Oct 28, 2024 to Nov 12, 2024
Related adviser · true to false
Oct 22, 2024 to Oct 28, 2024
Related adviser · false to true
Sep 18, 2024 to Oct 2, 2024

Signals

2 dated events

2 advisors left Independent Advisor Alliance, LLC (Charlotte, NC) for Beacon Capital Advisory Group within 4 days
Oct 21, 2024 · Team lift-out · derived
Beacon Capital Advisory Group filed its initial SEC registration (Form ADV)
Sep 16, 2024 · 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: 866-905-8876reportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 877-801-2322reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile: linkedin.com/company/beaconcag/?viewAsMember=truereportedpublic record, Form ADV, Sep 17, 2026
Firm profile: linkedin.com/company/northlightamreportedpublic record, Form ADV, Sep 17, 2026
Website: beaconcag.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 877-801-2322reportedpublic record, Form ADV, Jul 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: $112Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026