Wealth manager, independent · Totowa, NJ
CFS Investment Advisory Services LLC
SEC-registered investment adviser · CRD 106577 · SEC 801-45064
At a glance
CFS Investment Advisory Services LLC is an SEC-registered investment adviser based in Totowa, New Jersey, with $2.7B in regulatory assets under management as of its Form ADV filed March 5, 2026. It reports 1,139 individual clients, 532 of them high-net-worth, holding an average of about $1.5 million each, and 13 employees. That ranks it 409th among the nation’s 5,657 independent wealth management RIAs and 10th of 157 in New Jersey. It reports 4 custodians for its clients’ separately managed accounts: Charles Schwab, Fidelity, Raymond James and Great-West Trust Company.
Main office 973-826-8800cfsias.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.7B
- Rank among independent wealth managers
- #409 of 5,657
- Rank among all SEC RIAs
- #3,001 of 17,210
- Rank in New Jersey
- #10 of 157
- Individual clients
- 1,139
- High-net-worth clients
- 532
- Accounts
- 3,437
- Discretionary
- 68% of AUM
- Employees
- 13
- Advisory staff
- 10
- Offices
- 3
Owners and executives on its Form ADV
- Gregory M. MakowskiManaging Member/chief Compliance Officer
- Harris S. NydickManaging Member
Custody and brokerage
4 custodians
- Charles Schwab$1.5B66%
- Fidelity$306M13%
- Raymond James$243M11%
- Great-West Trust Company$222M10%
Broker-dealer
No broker-dealer ties
CFS Investment Advisory Services LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 532 | $1.6B | 59% |
| Pension and profit sharing plans | 87 | $942M | 35% |
| Individuals | 607 | $145M | 5% |
| Charitable organizations | 5 | $21M | <1% |
| Corporations or other businesses | 7 | $7M | <1% |
Disciplinary disclosures
CFS Investment Advisory Services LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗cfsias.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 1,480 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in New Jersey
All of New Jersey →| Firm | Regulatory AUM | Clients |
|---|---|---|
| SAX Wealth Advisors, LLCParsippany | $3.6B | 1,596 |
| LEO Wealth, LLCEdison | $3.2B | 1,714 |
| RMR Wealth Builders, Inc.Montclair | $2.9B | 1,907 |
| Valley Wealth Managers, Inc.Paramus | $2.7B | 854 |
| Pine Valley InvestmentsMarlton | $2.7B | 2,070 |
| Withum Wealth ManagementRed Bank | $2.3B | 755 |
Background
Questions
How much does CFS Investment Advisory Services LLC manage?
CFS Investment Advisory Services LLC reports $2.7B in regulatory assets under management across 3,437 accounts, 68% of it on a discretionary basis, on its Form ADV filed March 5, 2026.
How many clients does CFS Investment Advisory Services LLC have?
It reports 1,139 individual clients: 532 high-net-worth individuals and 607 other individuals. Individuals account for about 64% of its regulatory assets.
Where is CFS Investment Advisory Services LLC headquartered?
Its main office is in Totowa, New Jersey. It reports 3 offices in total and 13 employees, 10 of whom perform investment advisory functions.
How does CFS Investment Advisory Services LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does CFS Investment Advisory Services LLC use?
It reports 4 custodians for its clients’ separately managed accounts: Charles Schwab, Fidelity, Raymond James and Great-West Trust Company. On Schedule D of its Form ADV filed March 5, 2026, it reports these amounts held: Charles Schwab ($1.5B); Fidelity ($306M); Raymond James ($243M); Great-West Trust Company ($222M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is CFS Investment Advisory Services LLC a hybrid RIA with a broker-dealer?
CFS Investment Advisory Services LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is CFS Investment Advisory Services LLC a fiduciary?
As an SEC-registered investment adviser, CFS Investment Advisory Services LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is CFS Investment Advisory Services LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-05), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →