InterVest provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
InterVest reports 175 clients. They include 105 high-net-worth individuals and 70 individual clients. Of its assets, 53.2% ($131M across 135 accounts) are managed with discretion; $115M across 204 accounts are not. It advised 146 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 40% | 8% |
| High-net-worth individuals | 60% | 92% |
| Charitable organizations | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 70 | $19M | 7.7% | $271K |
| High-net-worth individuals | 105 | $227M | 92.1% | $2.17M |
| Charitable organizations | Fewer than 5 | $572K | 0.2% | — |
| Total | 175 | $247M | 100% | — |
- Clients
- 70
- Regulatory AUM
- $19M
- AUM share
- 7.7%
- Avg. per client
- $271K
- Clients
- 105
- Regulatory AUM
- $227M
- AUM share
- 92.1%
- Avg. per client
- $2.17M
- Clients
- Fewer than 5
- Regulatory AUM
- $572K
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 175
- Regulatory AUM
- $247M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 146
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
InterVest charges 0.25%–1.00% a year for its Compensation Based on Assets Under Management. The brochure also prices 4 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning, fixed fee
- Fixed fee set by the complexity of the client situation; a comprehensive Financial Plan has a minimum annual fee of $4,000, half payable when the agreement is signed.
- Limited financial planning, hourly
- When financial planning is provided on a limited basis without a Financial Plan, charges are $400.00 per hour, generally billed after the work is performed.
- Non-discretionary asset management consulting
- Charged as a percentage of assets under management set in the client agreement, paid from the account quarterly.
- Non-financial planning advisory services, fixed fee
- Fixed fees vary with the services provided and the value of assets advised, quoted in advance, and may be charged quarterly or annually in advance or in arrears.
Richard Schoenfeld owns 75% or more of InterVest. The leadership team of InterVest includes President Richard Schoenfeld. It has 5 employees, 2 of them in advisory roles.
Leadership
Richard SchoenfeldPresident, Chief Compliance Officer- Hunter SchoenfeldDirector
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Intervest LTD
Richard Schoenfeld
Control person · since March 1991
InterVest’s regulatory assets grew from $165M (March 2021) to $247M (March 2026); clients rose from 150 to 175 and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $247M | 175 | 5 | 1 |
| March 2025 | $209M | 174 | 5 | 1 |
| March 2024 | $188M | 166 | 5 | 1 |
| March 2023 | $148M | 145 | 5 | 1 |
| April 2022 | $166M | 157 | 5 | 1 |
| March 2021 | $165M | 150 | 5 | 1 |
Besides its headquarters, InterVest has 0 offices, with 1 listed address in Maryland.
Maryland · 1 listed address
- 2 Wisconsin Circle, Suite 910, Chevy ChaseHQ
Contact and registration details
- Legal name
- Intervest LTD
- Headquarters
- 2 Wisconsin Circle, Suite 910, Chevy Chase, MD 20815-7040
- Website
- intervestltd.com
- Phone
- 301-951-4455
- SEC file
- 801-26390
- Founded
- 1982
- Structure
- Maryland corporation
- Fiscal year end
- December
InterVest uses SEI Investments Distribution ($62.8M) as custodian for its separately managed accounts. InterVest has custody of client assets.
- SEI Investments DistributionSEI Investments Distribution Co. · Oaks, PA · $62.8M100%
At year end, InterVest’s separately managed accounts were mostly in stocks (90%) and bonds (10%).
What the accounts hold
- Stocks90%
- Non-exchange-traded equities70%
- Exchange-traded equities20%
- Bonds10%
- Investment grade corporate bonds5%
- State and local bonds3%
- U.S. government and agency bonds2%
How many clients does InterVest have?
InterVest has 175 clients and manages $247 million for them, as of March 2026. They include 105 high-net-worth individuals and 70 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does InterVest offer?
InterVest provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does InterVest charge?
InterVest charges 0.25%–1.00% a year for its Compensation Based on Assets Under Management.
Source: UPDATED ADV PART 2A: FIRM BROCHURE (3/31/2026), filed 31 March 2026
Which custodians does InterVest use?
InterVest’s separately managed account assets are held at SEI Investments Distribution Co. (Oaks, PA), with $62.8M. 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 March 2026
How many financial advisors does InterVest have?
InterVest has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 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
What does InterVest invest in?
At the end of its last fiscal year, InterVest’s separately managed accounts held 70% non-exchange-traded equities, 20% exchange-traded equities, 5% investment grade corporate bonds, 3% state and local bonds and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns InterVest?
InterVest’s direct owner is Richard Schoenfeld (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does InterVest get paid?
InterVest is paid through a percentage of assets under management, hourly charges 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 InterVest?
InterVest’s main office is at 2 Wisconsin Circle, Suite 910, Chevy Chase, MD 20815-7040. Its phone number is 301-951-4455. Its website is intervestltd.com.