{"url":"https://nivawealth.com/firms/hz-investments-312268","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/312268","regulatoryAum":591392745,"crd":"312268","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2390208","suffix":null,"lastName":"ZIRKIN","firstName":"HAROLD","middleName":null}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-06-09","regulatoryAum":333319321,"clients":80,"employees":1,"offices":1},{"filedOn":"2022-03-17","regulatoryAum":469000000,"clients":35,"employees":1,"offices":1},{"filedOn":"2023-03-03","regulatoryAum":424927050,"clients":28,"employees":1,"offices":1},{"filedOn":"2024-03-29","regulatoryAum":496493260,"clients":29,"employees":1,"offices":1},{"filedOn":"2025-03-20","regulatoryAum":536704435,"clients":22,"employees":1,"offices":1},{"filedOn":"2026-02-24","regulatoryAum":591392745,"clients":21,"employees":1,"offices":1}],"secFileNumber":"801-120217","legalName":"HZ Investments Inc.","displayName":"HZ Investments","slug":"hz-investments-312268","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Maryland corporation","fiscalYearEnd":"December","headquarters":{"street":"5610 Wisconsin Ave #108","city":"Chevy Chase","state":"MD","stateName":"Maryland","country":"United States","postalCode":"20815"},"tradeNames":[],"registration":{"secApproved":"26 January 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":28161559.285714287,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":591392745,"discretionary":591392745,"discretionaryAccounts":120,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":21,"regulatoryAum":591392745}],"feePrograms":[{"role":"main","program":"Portfolio Management Fees","feeBasis":"whole_balance","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011421","versionId":1011421,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-02-24","documentName":"ADV PART 2A- HZ INVESTMENTS INC.","fee_rate_low":1,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T07:44:26.924552+00:00","documents":[{"name":"ADV PART 2A- HZ INVESTMENTS INC.","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011421","versionId":1011421,"submittedOn":"2026-02-24"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":290303846},{"name":"Wilmington Trust Investment Management, LLC","shortName":"Wilmington Trust Investment Management","location":"Wilmington, DE","smaAssets":281115126}],"custodyNote":"HZ Investments does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Harold Zirkin","title":"Managing Member & Chief Compliance Officer","crd":"2390208"}],"ownership":[{"label":"Harold Zirkin","detail":"Managing member & chief compliance officer in the 75% or more ownership band and a control person, since December 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"5610 Wisconsin Ave #108","city":"Chevy Chase","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"301-922-7631","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":65},{"label":"U.S. government/agency bonds","percent":14},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":12},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":3,"detail":"Private Real Estate"}],"privateFunds":0},"sources":{"adv1FilingDate":"24 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/312268/PDF/312268.pdf","brochureDate":"24 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011421","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does HZ Investments have?","answer":"HZ Investments has 21 clients and manages $591 million for them, as of February 2026. They include 21 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 24 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does HZ Investments offer?","answer":"HZ Investments provides portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does HZ Investments charge?","answer":"HZ Investments charges 1.00% a year for its Portfolio Management Fees. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.","source":"ADV PART 2A- HZ INVESTMENTS INC., filed 24 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does HZ Investments use?","answer":"HZ Investments’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $290M and Wilmington Trust Investment Management, LLC (Wilmington, DE), with $281M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does HZ Investments have?","answer":"HZ Investments has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does HZ Investments invest in?","answer":"At the end of its last fiscal year, HZ Investments’ separately managed accounts held 65% exchange-traded equities, 14% U.S. government and agency bonds, 12% registered funds (mutual funds, ETFs, BDCs), 5% cash and equivalents, 3% other and 1% state and local bonds. The 3% other category is described as: Private Real Estate.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns HZ Investments?","answer":"HZ Investments’ direct owner is Harold Zirkin (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 24 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does HZ Investments get paid?","answer":"HZ Investments is paid through a percentage of assets under management. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact HZ Investments?","answer":"HZ Investments’ main office is at 5610 Wisconsin Ave #108, Chevy Chase, MD 20815. Its phone number is 301-922-7631.","source":"Form ADV Part 1A, Item 1.F, filed 24 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}