# Shanzer Management

> Shanzer Management is a state-registered investment advisory firm, registered since 1995, reporting under $25 million in regulatory assets under management in its Form ADV filing dated January 18, 2026.

- CRD: 124452
- Filed as: SHANZER MANAGEMENT
- Legal name: Shanzer, Herbert Martin
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Massachusetts
- Filing period: October 2026
- Form ADV filing dated: January 18, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/124452
- AdvisorCensus page: https://advisorcensus.com/firm/shanzer-management-124452

## Quick answers

**How is Shanzer Management compensated?**
On its Form ADV (Item 5.E, October 2026), Shanzer Management reports these compensation arrangements: a percentage of assets under its management.

**Is Shanzer Management registered with the SEC or a state?**
Shanzer Management is a state-registered investment advisory firm, registered since 1995. Status as filed: APPROVED. CRD 124452.

**How much does Shanzer Management manage?**
Shanzer Management reports $5,222,028 in regulatory assets under management in its Form ADV filing dated January 18, 2026 (100% discretionary).

**What types of clients does Shanzer Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3).

**Does Shanzer Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/124452

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $5,222,028
- Discretionary: $5,222,028
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 3 | $5,222,028 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1995 (31 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Shanzer Management (CRD 124452): Form ADV filing data as of October 2026.