Davidov Wealth Group provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 11–25 clients last fiscal year.
Davidov Wealth Group reports 363 clients. They include 277 individual clients, 77 high-net-worth individuals, and 5 corporations and other businesses. Of its assets, 100.0% ($174M across 668 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 31% |
| High-net-worth individuals | 21% | 64% |
| Pension and profit-sharing plans | <1% | 1% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | 1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 277 | $53.9M | 30.9% | $195K |
| High-net-worth individuals | 77 | $112M | 64.2% | $1.45M |
| Pension and profit-sharing plans | Fewer than 5 | $1.76M | 1.0% | $881K |
| Charitable organizations | Fewer than 5 | $3.6M | 2.1% | $1.8M |
| Corporations and other businesses | 5 | $3.21M | 1.8% | $642K |
| Total | 363 | $174M | 100% | — |
- Clients
- 277
- Regulatory AUM
- $53.9M
- AUM share
- 30.9%
- Avg. per client
- $195K
- Clients
- 77
- Regulatory AUM
- $112M
- AUM share
- 64.2%
- Avg. per client
- $1.45M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.76M
- AUM share
- 1.0%
- Avg. per client
- $881K
- Clients
- Fewer than 5
- Regulatory AUM
- $3.6M
- AUM share
- 2.1%
- Avg. per client
- $1.8M
- Clients
- 5
- Regulatory AUM
- $3.21M
- AUM share
- 1.8%
- Avg. per client
- $642K
Total
- Clients
- 363
- Regulatory AUM
- $174M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Davidov Wealth Group charges 0.99% a year for its Investment Supervisory Services. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Hourly financial planning
- Hourly fee between $350 and $600, negotiable, paid in advance but never more than six months ahead.
- Portfolio analysis
- Fee of $250 to $500 to analyze a client portfolio.
Michael Davidov owns 75% or more of Davidov Wealth Group. It has 3 employees, 2 of them in advisory roles.
Leadership
Michael DavidovManaging Member - CCO
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Davidov Wealth Group, LLC
Michael Davidov
Control person · since February 2013
Davidov Wealth Group’s regulatory assets grew 2.6× from $67.6M (July 2021) to $174M (July 2026); clients rose from 227 to 363 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $174M | 363 | 3 | 1 |
| February 2025 | $113M | 337 | 3 | 1 |
| February 2024 | $90.3M | 304 | 2 | 1 |
| March 2023 | $77.4M | 228 | 2 | 1 |
| February 2022 | $78.5M | 407 | 2 | 1 |
| July 2021 | $67.6M | 227 | 2 | 1 |
Besides its headquarters, Davidov Wealth Group has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 1122 Franklin Avenue, Suite 102, Garden CityHQ
Contact and registration details
- Legal name
- Davidov Wealth Group, LLC
- Headquarters
- 1122 Franklin Avenue, Suite 102, Garden City, NY 11530
- Website
- davidovfinancial.com
- Phone
- 516-587-5550
- SEC file
- 801-119871
- Structure
- New York LLC
- Fiscal year end
- December
Davidov Wealth Group uses Charles Schwab ($169M) as custodian for its separately managed accounts. Davidov Wealth Group has custody of $525K in client assets for 2 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $169M100%
At year end, Davidov Wealth Group’s separately managed accounts were mostly in funds (85%).
What the accounts hold
- Stocks6%
- Funds85%
- Bonds4%
- U.S. government and agency bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash2%
- Other3%
- Annuities3%
How many clients does Davidov Wealth Group have?
Davidov Wealth Group has 363 clients and manages $174 million for them, as of July 2026. They include 277 individual clients, 77 high-net-worth individuals, and 5 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 July 2026
What services does Davidov Wealth Group offer?
Davidov Wealth Group provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Davidov Wealth Group charge?
Davidov Wealth Group charges 0.99% a year for its Investment Supervisory Services. The fee is billed in advance and is negotiable.
Source: ADV PART 2A, filed 31 July 2026
Which custodians does Davidov Wealth Group use?
Davidov Wealth Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $169M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 July 2026
How many financial advisors does Davidov Wealth Group have?
Davidov Wealth Group has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Davidov Wealth Group invest in?
At the end of its last fiscal year, Davidov Wealth Group’s separately managed accounts held 85% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities, 3% other, 2% U.S. government and agency bonds, 2% cash and equivalents, 1% state and local bonds and 1% investment grade corporate bonds. The 3% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Davidov Wealth Group?
Davidov Wealth Group’s direct owner is Michael Davidov (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 July 2026
How does Davidov Wealth Group get paid?
Davidov Wealth Group is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Davidov Wealth Group?
Davidov Wealth Group’s main office is at 1122 Franklin Avenue, Suite 102, Garden City, NY 11530. Its phone number is 516-587-5550. Its website is davidovfinancial.com.