{"url":"https://nivawealth.com/firms/investment-advisory-group-109445","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/109445","regulatoryAum":1217000000,"crd":"109445","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4535957","suffix":"JR.","lastName":"CIOLKOSZ","firstName":"THEODORE","middleName":"D"},{"crd":"1345796","suffix":null,"lastName":"MCCALL","firstName":"GEORGE","middleName":"ARTHUR"},{"crd":"2149952","suffix":null,"lastName":"REARDON","firstName":"PAUL","middleName":"WILLIAM"},{"crd":"1689554","suffix":null,"lastName":"RICHARDS","firstName":"JAY","middleName":"LIPFERT"},{"crd":"5111717","suffix":null,"lastName":"WHITT","firstName":"KEITH","middleName":"WENDELL"}],"total":5,"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":"2021-03-02","regulatoryAum":619900000,"clients":1364,"employees":12,"offices":1},{"filedOn":"2022-02-07","regulatoryAum":716350000,"clients":3241,"employees":12,"offices":1},{"filedOn":"2023-01-30","regulatoryAum":709634040,"clients":3071,"employees":10,"offices":1},{"filedOn":"2024-06-11","regulatoryAum":848188265,"clients":1430,"employees":10,"offices":1},{"filedOn":"2025-06-27","regulatoryAum":994439000,"clients":1508,"employees":10,"offices":2},{"filedOn":"2026-02-05","regulatoryAum":1217000000,"clients":1542,"employees":10,"offices":2}],"secFileNumber":"801-56937","legalName":"Investment Advisory Group, LLC","displayName":"Investment Advisory Group","slug":"investment-advisory-group-109445","website":"https://iagadvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/109445/044c37aff5b3247c-r1.webp","tone":"light","width":964,"height":200,"sourceUrl":"https://iagadvisors.com/","sourceLabel":"Investment Advisory Group LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"1998","organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1343 Main Street, Suite 705-787","city":"Sarasota","state":"FL","stateName":"Florida","country":"United States","postalCode":"34236"},"tradeNames":["Maritime Wealth Advisors"],"registration":{"secApproved":"3 December 1999","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":788413.1018158236,"staff":{"employees":10,"advisory":5,"brokerDealerReps":4,"insuranceAgents":4,"promoters":0},"aum":{"regulatory":1217000000,"discretionary":1217000000,"discretionaryAccounts":3581,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1267,"regulatoryAum":591385620},{"label":"High-net-worth individuals","clients":275,"regulatoryAum":624347383},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":1266997}],"feePrograms":[{"role":"other","program":"Stand-alone financial planning","summary":"Hourly planning fees range from $100 to $300 per hour; fixed and annual retainer fees typically range from $500 to $10,000, with a $500 minimum. Negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006645","versionId":1006645,"submittedOn":"2026-02-05","documentName":"IAG DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T06:06:43.904572+00:00","documents":[{"name":"IAG DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006645","versionId":1006645,"submittedOn":"2026-02-05"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":1217000000}],"custodyNote":"Investment Advisory Group has custody of $327M for 325 clients.","otherCustodians":[],"leadership":[{"name":"Jay Richards","title":"CFP/Partner, Chief Compliance Officer","crd":"1689554"},{"name":"George McCall","title":"CFP/Partner","crd":"1345796"}],"ownership":[{"label":"George McCall","detail":"Cfp/partner in the 50% to 75% ownership band and a control person, since June 1998."},{"label":"Jay Richards","detail":"Cfp/partner, chief compliance officer in the 50% to 75% ownership band and a control person, since June 1998."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"1343 Main Street, Suite 705-787","city":"Sarasota","headquarters":true}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"51 Mill Street","city":"Hanover"}]}],"brochureServices":["estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"781-826-1235","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":31},{"label":"U.S. state and local bonds","percent":4},{"label":"Investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":51},{"label":"Cash and cash equivalents","percent":12}],"privateFunds":0},"sources":{"adv1FilingDate":"5 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/109445/PDF/109445.pdf","brochureDate":"5 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006645","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 Investment Advisory Group have?","answer":"Investment Advisory Group has 1,542 clients and manages $1.22 billion for them, as of February 2026. They include 1,267 individual clients and 275 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 5 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Investment Advisory Group offer?","answer":"Investment Advisory Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Investment Advisory Group use?","answer":"Investment Advisory Group’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $1.22B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Investment Advisory Group have?","answer":"Investment Advisory Group has 5 investment adviser representatives registered with state securities authorities, out of 10 employees, and 5 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 4 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 Investment Advisory Group invest in?","answer":"At the end of its last fiscal year, Investment Advisory Group’s separately managed accounts held 51% registered funds (mutual funds, ETFs, BDCs), 31% exchange-traded equities, 12% cash and equivalents, 4% state and local bonds and 2% investment grade corporate bonds.","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 Investment Advisory Group?","answer":"Investment Advisory Group’s direct owners are George McCall (50% to 75%) and Jay Richards (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 5 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Investment Advisory Group get paid?","answer":"Investment Advisory Group 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Investment Advisory Group?","answer":"Investment Advisory Group’s main office is at 1343 Main Street, Suite 705-787, Sarasota, FL 34236. Its phone number is 781-826-1235. Its website is iagadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 5 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."}