IMZ Advisory provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
IMZ Advisory reports 442 clients. They include 247 individual clients, 125 high-net-worth individuals, and 70 pension and profit-sharing plans. Of its assets, 85.7% ($388M across 442 accounts) are managed with discretion; $64.5M across 60 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 11% |
| High-net-worth individuals | 28% | 55% |
| Pension and profit-sharing plans | 16% | 34% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 247 | $51M | 11.3% | $206K |
| High-net-worth individuals | 125 | $247M | 54.5% | $1.97M |
| Pension and profit-sharing plans | 70 | $155M | 34.2% | $2.21M |
| Total | 442 | $453M | 100% | $1.02M |
- Clients
- 247
- Regulatory AUM
- $51M
- AUM share
- 11.3%
- Avg. per client
- $206K
- Clients
- 125
- Regulatory AUM
- $247M
- AUM share
- 54.5%
- Avg. per client
- $1.97M
- Clients
- 70
- Regulatory AUM
- $155M
- AUM share
- 34.2%
- Avg. per client
- $2.21M
Total
- Clients
- 442
- Regulatory AUM
- $453M
- AUM share
- 100%
- Avg. per client
- $1.02M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
IMZ Advisory charges 0.60%–1.50% a year for its Asset management fees. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Fixed-fee ongoing advice
- Where IMZ does not manage the client's portfolio, ongoing advice and quarterly meetings are billed at $50 per month, paid quarterly in advance.
Imz Financial Services, Inc. owns 75% or more of IMZ Advisory and is in turn owned by Irwin Zagoria (50–75%) and Cory Davis (25–50%). The leadership team of IMZ Advisory includes President Cory Davis. It has 4 employees, 3 of them in advisory roles.
Staff
- 4 employees
- 3 in advisory functions
- 4 state-registered reps
- 1 broker-dealer rep
- 3 insurance agents
- Owns 75% or more of Imz Advisory Inc.
Imz Financial Services, Inc.
Control person · since April 2021
- Owns 50% to 75% of Imz Financial Services, Inc.
Irwin Zagoria
Control person · since April 2021
- Owns 25% to 50% of Imz Financial Services, Inc.
Cory Davis
Control person · since April 2021
IMZ Advisory’s regulatory assets grew 4.5× from $101M (April 2022) to $453M (August 2026); clients rose from 72 to 442 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $453M | 442 | 4 | 1 |
| Feb 2025February 2025 | $382M | 298 | 4 | 1 |
| Apr 2024April 2024 | $320M | 264 | 4 | 1 |
| Feb 2023February 2023 | $202M | 231 | 4 | 1 |
| Apr 2022April 2022 | $101M | 72 | 4 | 1 |
Besides its headquarters, IMZ Advisory has 0 offices, with 1 listed address in 1 state.
Florida · 1 listed address
- 137 W. Royal Palm Road, Boca RatonHQ
Contact and registration details
- Legal name
- Imz Advisory Inc.
- Headquarters
- 137 W. Royal Palm Road, Boca Raton, FL 33432
- Website
- imzfinancialservices.com
- Phone
- 561-368-2336
- SEC file
- 801-122106
- Structure
- Florida corporation
- Fiscal year end
- December
IMZ Advisory’s named custodians for separately managed accounts include Charles Schwab ($388M, 87%), John Hancock Distributors ($34.6M, 8%) and Nationwide Investment Services ($17.4M, 4%). IMZ Advisory does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $388M87%
- FidelityNational Financial Services LLC · Boston, MA · $7.15M2%
- John Hancock DistributorsJohn Hancock Distributors LLC · Boston, MA · $34.6M8%
- Nationwide Investment ServicesNationwide Investment Services Corporation · Columbus, OH · $17.4M4%
At year end, IMZ Advisory’s separately managed accounts were mostly in stocks (73%) and bonds (22%). Its reported 13F holdings for the quarter ended 30 June 2026 total $316M across 38 positions; the largest are Select Sector SPDR TR (29.6%), Select Sector SPDR TR (9.4%) and J P Morgan Exchange Traded F (9.2%).
What the accounts hold
- Stocks73%
- Funds1%
- Bonds22%
- Other4%
- Reits and cash4%
How many clients does IMZ Advisory have?
IMZ Advisory has 442 clients and manages $453 million for them, as of August 2026. They include 247 individual clients, 125 high-net-worth individuals, and 70 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 August 2026
What services does IMZ Advisory offer?
IMZ Advisory provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does IMZ Advisory charge?
IMZ Advisory charges 0.60%–1.50% a year for its Asset management fees. The fee is billed in advance and is negotiable.
Which custodians does IMZ Advisory use?
IMZ Advisory’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $388M, John Hancock Distributors LLC (Boston, MA), with $34.6M, Nationwide Investment Services Corporation (Columbus, OH), with $17.4M and National Financial Services LLC (Boston, MA), with $7.15M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 August 2026
How many financial advisors does IMZ Advisory have?
IMZ Advisory has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 3 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does IMZ Advisory invest in?
At the end of its last fiscal year, IMZ Advisory’s separately managed accounts held 73% exchange-traded equities, 22% investment grade corporate bonds, 4% other and 1% registered funds (mutual funds, ETFs, BDCs). The 4% other category is described as: Reits and Cash.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns IMZ Advisory?
IMZ Advisory is owned through a holding company by Irwin Zagoria and Cory Davis. Its direct owner is Imz Financial Services, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 August 2026
How does IMZ Advisory get paid?
IMZ Advisory is paid through a percentage of assets under management and fixed fees. 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 IMZ Advisory?
IMZ Advisory’s main office is at 137 W. Royal Palm Road, Boca Raton, FL 33432. Its phone number is 561-368-2336. Its website is imzfinancialservices.com.