{"url":"https://nivawealth.com/firms/imz-advisory-314890","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/314890","regulatoryAum":452739985,"crd":"314890","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5930757","suffix":null,"lastName":"Davis","firstName":"Cory","middleName":null},{"crd":"7486110","suffix":null,"lastName":"Katte","firstName":"Bradley","middleName":"Andrew"},{"crd":"6344044","suffix":null,"lastName":"RUSSO","firstName":"CHRISTIAN","middleName":"JOSEPH"},{"crd":"1424184","suffix":null,"lastName":"ZAGORIA","firstName":"IRWIN","middleName":"MICHAEL"}],"total":4,"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":"2022-04-11","regulatoryAum":100963000,"clients":72,"employees":4,"offices":1},{"filedOn":"2023-02-02","regulatoryAum":201659000,"clients":231,"employees":4,"offices":1},{"filedOn":"2024-04-02","regulatoryAum":320260000,"clients":264,"employees":4,"offices":1},{"filedOn":"2025-02-21","regulatoryAum":381697000,"clients":298,"employees":4,"offices":1},{"filedOn":"2026-08-12","regulatoryAum":452739985,"clients":442,"employees":4,"offices":1}],"secFileNumber":"801-122106","legalName":"Imz Advisory Inc.","displayName":"IMZ Advisory","slug":"imz-advisory-314890","website":"https://imzfinancialservices.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/314890/dce606ac1f016a7e-r1.webp","tone":"light","width":292,"height":200,"sourceUrl":"https://imzfinancialservices.com/","sourceLabel":"IMZ Advisory Inc., website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Florida corporation","fiscalYearEnd":"December","headquarters":{"street":"137 W. Royal Palm Road","city":"Boca Raton","state":"FL","stateName":"Florida","country":"United States","postalCode":"33432"},"tradeNames":[],"registration":{"secApproved":"18 August 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":800615.4623655914,"staff":{"employees":4,"advisory":3,"brokerDealerReps":1,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":452739985,"discretionary":388202755,"discretionaryAccounts":442,"nonDiscretionary":64537230,"nonDiscretionaryAccounts":60,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":247,"regulatoryAum":50970726},{"label":"High-net-worth individuals","clients":125,"regulatoryAum":246858226},{"label":"Pension and profit-sharing plans","clients":70,"regulatoryAum":154911033}],"feePrograms":[{"role":"main","program":"Asset management fees","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014001","versionId":1014001,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-03","documentName":"IMZ ADVISORY INC. BROCHURE","fee_rate_low":0.6,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Fixed-fee ongoing advice","summary":"Where IMZ does not manage the client's portfolio, ongoing advice and quarterly meetings are billed at $50 per month, paid quarterly in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014001","versionId":1014001,"submittedOn":"2026-03-03","documentName":"IMZ ADVISORY INC. BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:01:50.64118+00:00","documents":[{"name":"IMZ ADVISORY INC. BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014001","versionId":1014001,"submittedOn":"2026-03-03"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":388202755},{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":7149293},{"name":"John Hancock Distributors LLC","shortName":"John Hancock Distributors","location":"Boston, MA","smaAssets":34596564},{"name":"Nationwide Investment Services Corporation","shortName":"Nationwide Investment Services","location":"Columbus, OH","smaAssets":17395101}],"custodyNote":"IMZ Advisory does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Cory Davis","title":"Vice President","crd":"5930757"},{"name":"Irwin Zagoria","title":"President and CEO","crd":"1424184"},{"name":"Shellie Correa","title":"COO and CCO","crd":"5283205"}],"ownership":[{"label":"Imz Financial Services, Inc.","detail":"Owner in the 75% or more ownership band and a control person, since April 2021."},{"label":"Irwin Zagoria","detail":"Indirect owner: a owner of Imz Financial Services, Inc. in the 50% to 75% band and a control person, since April 2021.","parent":"Imz Financial Services, Inc."},{"label":"Cory Davis","detail":"Indirect owner: a owner of Imz Financial Services, Inc. in the 25% to 50% band and a control person, since April 2021.","parent":"Imz Financial Services, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"137 W. Royal Palm Road","city":"Boca Raton","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"561-368-2336","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":73},{"label":"Investment grade corporate bonds","percent":22},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Other","percent":4,"detail":"Reits and Cash"}],"privateFunds":0},"sources":{"adv1FilingDate":"12 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/314890/PDF/314890.pdf","brochureDate":"3 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014001","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 IMZ Advisory have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does IMZ Advisory offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does IMZ Advisory charge?","answer":"IMZ Advisory charges 0.60%–1.50% a year for its Asset management fees. The fee is billed in advance and is negotiable.","source":"IMZ ADVISORY INC. BROCHURE, filed 3 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does IMZ Advisory use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does IMZ Advisory have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does IMZ Advisory invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns IMZ Advisory?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does IMZ Advisory get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact IMZ Advisory?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 12 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/imz-advisory-314890/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-07","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2017735/000201773526000003/0002017735-26-000003-index.html","totalValue":315813762,"positionCount":38,"top10Share":0.8814088127039885,"top10":[{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR TECHN ETF","cusip":"81369Y803","value":93626885,"shares":491428,"shareType":"SH","priorValue":67754500,"priorShares":509816},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR FINL ETF","cusip":"81369Y605","value":29540502,"shares":551026,"shareType":"SH","priorValue":26799965,"priorShares":542839},{"issuer":"J P MORGAN EXCHANGE TRADED F","titleOfClass":"ULTRA SHRT ETF","cusip":"46641Q837","value":28918047,"shares":571842,"shareType":"SH","priorValue":20169405,"priorShares":398526},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR DISCR ETF","cusip":"81369Y407","value":24992960,"shares":213105,"shareType":"SH","priorValue":22132333,"priorShares":203086},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR SVC ETF","cusip":"81369Y852","value":24911625,"shares":232536,"shareType":"SH","priorValue":23366327,"priorShares":210773},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR CARE ETF","cusip":"81369Y209","value":24240662,"shares":152784,"shareType":"SH","priorValue":20813584,"priorShares":141966},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR INDL ETF","cusip":"81369Y704","value":20526627,"shares":110817,"shareType":"SH","priorValue":17448915,"priorShares":107889},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR STAPL ETF","cusip":"81369Y308","value":11567368,"shares":139248,"shareType":"SH","priorValue":9967224,"priorShares":121581},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"SHRT TRM CORP BD","cusip":"92206C409","value":10070482,"shares":127426,"shareType":"SH","priorValue":9474154,"priorShares":119518},{"issuer":"LISTED FDS TR","titleOfClass":"ROUN MA SEVE ETF","cusip":"53656G498","value":9965875,"shares":154990,"shareType":"SH","priorValue":8502822,"priorShares":146752}],"positionsListed":38,"positions":[{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR TECHN ETF","cusip":"81369Y803","value":93626885,"shares":491428,"shareType":"SH","priorValue":67754500,"priorShares":509816},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR FINL ETF","cusip":"81369Y605","value":29540502,"shares":551026,"shareType":"SH","priorValue":26799965,"priorShares":542839},{"issuer":"J P MORGAN EXCHANGE TRADED F","titleOfClass":"ULTRA SHRT ETF","cusip":"46641Q837","value":28918047,"shares":571842,"shareType":"SH","priorValue":20169405,"priorShares":398526},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR DISCR ETF","cusip":"81369Y407","value":24992960,"shares":213105,"shareType":"SH","priorValue":22132333,"priorShares":203086},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR SVC ETF","cusip":"81369Y852","value":24911625,"shares":232536,"shareType":"SH","priorValue":23366327,"priorShares":210773},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR CARE ETF","cusip":"81369Y209","value":24240662,"shares":152784,"shareType":"SH","priorValue":20813584,"priorShares":141966},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR INDL ETF","cusip":"81369Y704","value":20526627,"shares":110817,"shareType":"SH","priorValue":17448915,"priorShares":107889},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR STAPL ETF","cusip":"81369Y308","value":11567368,"shares":139248,"shareType":"SH","priorValue":9967224,"priorShares":121581},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"SHRT TRM CORP BD","cusip":"92206C409","value":10070482,"shares":127426,"shareType":"SH","priorValue":9474154,"priorShares":119518},{"issuer":"LISTED FDS TR","titleOfClass":"ROUN MA SEVE ETF","cusip":"53656G498","value":9965875,"shares":154990,"shareType":"SH","priorValue":8502822,"priorShares":146752},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR UTIL ETF","cusip":"81369Y886","value":7290746,"shares":160802,"shareType":"SH","priorValue":7016347,"priorShares":152895},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR ENERG ETF","cusip":"81369Y506","value":7142506,"shares":134485,"shareType":"SH","priorValue":6792060,"priorShares":110873},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":4647999,"shares":16063,"shareType":"SH","priorValue":4074302,"priorShares":16054},{"issuer":"NVIDIA CORPORATION","titleOfClass":"COM","cusip":"67066G104","value":3614729,"shares":18066,"shareType":"SH","priorValue":3139224,"priorShares":18000},{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":1904284,"shares":5105,"shareType":"SH","priorValue":1903946,"priorShares":5143},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":1643831,"shares":6897,"shareType":"SH","priorValue":1418110,"priorShares":6809},{"issuer":"INTERNATIONAL BUSINESS MACHS","titleOfClass":"COM","cusip":"459200101","value":1079068,"shares":3837,"shareType":"SH","priorValue":930037,"priorShares":3837},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL B NEW","cusip":"084670702","value":995776,"shares":1990,"shareType":"SH","priorValue":972776,"priorShares":2030},{"issuer":"ADVANCED MICRO DEVICES INC","titleOfClass":"COM","cusip":"007903107","value":899830,"shares":1549,"shareType":"SH","priorValue":343593,"priorShares":1689},{"issuer":"ELI LILLY & CO","titleOfClass":"COM","cusip":"532457108","value":896817,"shares":748,"shareType":"SH","priorValue":686684,"priorShares":747},{"issuer":"JPMORGAN CHASE & CO","titleOfClass":"COM","cusip":"46625H100","value":721826,"shares":2205,"shareType":"SH","priorValue":686907,"priorShares":2335},{"issuer":"BROADCOM INC","titleOfClass":"COM","cusip":"11135F101","value":587334,"shares":1555,"shareType":"SH","priorValue":480403,"priorShares":1552},{"issuer":"J P MORGAN EXCHANGE TRADED F","titleOfClass":"ULTRA SHT MUNCPL","cusip":"46641Q654","value":547292,"shares":10731,"shareType":"SH","priorValue":3996294,"priorShares":78389},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL C","cusip":"02079K107","value":542779,"shares":1536,"shareType":"SH","priorValue":440406,"priorShares":1535},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":524741,"shares":932,"shareType":"SH","priorValue":537050,"priorShares":939},{"issuer":"UNITEDHEALTH GROUP INC","titleOfClass":"COM","cusip":"91324P102","value":495207,"shares":1191,"shareType":"SH","priorValue":339449,"priorShares":1254},{"issuer":"JOHNSON & JOHNSON","titleOfClass":"COM","cusip":"478160104","value":452494,"shares":1782,"shareType":"SH","priorValue":433968,"priorShares":1775},{"issuer":"WALMART INC","titleOfClass":"COM","cusip":"931142103","value":433662,"shares":3829,"shareType":"SH","priorValue":473945,"priorShares":3814},{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":408249,"shares":554,"shareType":"SH","priorValue":328061,"priorShares":568},{"issuer":"CHUBB LIMITED","titleOfClass":"COM","cusip":"H1467J104","value":374226,"shares":1098,"shareType":"SH","priorValue":356900,"priorShares":1095},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR REAL ETF","cusip":"81369Y860","value":358916,"shares":8152,"shareType":"SH","priorValue":368873,"priorShares":9034},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":342077,"shares":457,"shareType":"SH","priorValue":488549,"priorShares":748},{"issuer":"VANGUARD WORLD FD","titleOfClass":"INF TECH ETF","cusip":"92204A702","value":303209,"shares":2537,"shareType":"SH","priorValue":221055,"priorShares":317},{"issuer":"GENERAL DYNAMICS CORP","titleOfClass":"COM","cusip":"369550108","value":281552,"shares":795,"shareType":"SH","priorValue":271547,"priorShares":791},{"issuer":"AUTOMATIC DATA PROCESSING IN","titleOfClass":"COM","cusip":"053015103","value":279696,"shares":1249,"shareType":"SH","priorValue":251617,"priorShares":1238},{"issuer":"COSTCO WHOLESALE CORPORATION","titleOfClass":"COM","cusip":"22160K105","value":248860,"shares":266,"shareType":"SH","priorValue":318976,"priorShares":320},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR MATER ETF","cusip":"81369Y100","value":228346,"shares":4492,"shareType":"SH","priorValue":282637,"priorShares":5656},{"issuer":"HOME DEPOT INC","titleOfClass":"COM","cusip":"437076102","value":206677,"shares":586,"shareType":"SH"}]},"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."}