AdvisorCensus / Financial advisors / New York / New York / Shapiro Financial Security Group, Inc.
Shapiro Financial Security Group, Inc.
Filed as SHAPIRO FINANCIAL SECURITY GROUP, INC.
Shapiro Financial Security Group, Inc. is an SEC-registered investment advisory firm in Hazlet, NJ, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.
Quick answers
From the filingHow is Shapiro Financial Security Group, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Shapiro Financial Security Group, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Shapiro Financial Security Group, Inc. located?
Shapiro Financial Security Group, Inc.'s principal office is in Hazlet, NJ, according to its Form ADV.
Is Shapiro Financial Security Group, Inc. registered with the SEC or a state?
Shapiro Financial Security Group, Inc. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 120801.
How much does Shapiro Financial Security Group, Inc. manage?
Shapiro Financial Security Group, Inc. reports $152,616,699 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (92% discretionary).
How have Shapiro Financial Security Group, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Shapiro Financial Security Group, Inc.: Regulatory assets under management: $112,599,000 in the October 2021 data and $152,616,699 in the October 2026 data, up 36%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Shapiro Financial Security Group, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (137).
Does Shapiro Financial Security Group, Inc. report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/120801
What changed in Shapiro Financial Security Group, Inc.'s recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $131,191,478 to $152,616,699 (+16%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AMinimum annual fee: $500
The brochure's wording
As a condition for starting and maintaining a relationship, Shapiro Financial generally imposes a minimum annual fee of $500.
Shapiro Financial, in its sole discretion, has the option to waive its minimum annual fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities.
As stated in the firm's Form ADV Part 2A brochure dated March 24, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$152,616,699 as of October 2026, filing dated March 24, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2021 (5 years)
- Employees
- Total: 5. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $152,616,699 | 5 | March 24, 2026 |
| October 2025 | $131,191,478 | 5 | March 27, 2025 |
| October 2024 | $122,209,295 | 4 | March 29, 2024 |
| October 2023 | $105,166,000 | 6 | March 31, 2023 |
| October 2022 | $126,863,000 | 6 | March 30, 2022 |
| October 2021 | $112,599,000 | 6 | June 29, 2021 |
Regulatory assets under management: $112,599,000 in the October 2021 data and $152,616,699 in the October 2026 data, up 36%.
Total employees: 6 in October 2021 and 5 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $131,191,478 to $152,616,699 (+16%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Shapiro Financial Security Group, Inc. (CRD 120801): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/shapiro-financial-security-group-inc-hazlet-nj-120801