Firm profile

Accountants Proprietary Financial Servicenet, Inc..

PLAINVIEW, NYCRD 126685Registration Status: ApprovedEffective since October 23, 2003SEC # 801-62457Latest ADV December 11, 2025

Accountants Proprietary Financial Servicenet, Inc. is an SEC registered investment adviser organized as a limited liability company with a primary office location in Plainview, NY. Its latest Form ADV filing, dated December 11, 2025, reports $464M in regulatory assets under management, 3 employees, 1 office, and 283 accounts.

Assets Under Management
$464M
Employees
3
Offices
1 office
Total Clients
283

Associated firm names

2 names listed
  • ACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, INC.
  • ACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLC

Leadership

2 roles identified
CEOMichael A. Lamena
CCOBruce H. Shapiro

Advisory services offered

3 types reported
Pension consulting services
Portfolio management for individuals and small businesses
Selection of other advisers

Fee models offered

1 types reported
Asset based fees

Offices & Contact

Primary office

PLAINVIEW, New York, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

New York

PLAINVIEWPrimary office

1 office records listed · 1 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links
Phone516-887-4433
WebsiteNot found
LinkedInNot found

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$464Mas of December 11, 2025
Discretionary57.1%
$265M
57% of total RAUM57.1%
Non-discretionary42.9%
$199M
43% of total RAUM42.9%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Client Coverage Demographics

Top client segmentPension Plans represent 76.3% of total clients.
Top client categories% of clientsClients
1
Pension Plans
76.3%
216
2
Individuals
23.7%
67

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$464M
Total Accounts283
10Y AUM Change+$80M (+20.7%)

Private Funds

Private funds reported by Accountants Proprietary Financial Servicenet, Inc..

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees3
Clients per Employee94:1
10Y Employee Change-2 (-40.0%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
IMPROVED FUNDING TECHNIQUES, INC.Direct owner · Schedule AInterest in ACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLC
75%+
WEALTHSPIRE RETIREMENT ADVISORYIndirect owner · Schedule BInterest in IMPROVED FUNDING TECHNIQUES, INC.
75%+
WEALTHSPIRE HOLDCO, LPIndirect owner · Schedule BInterest in WEALTHSPIRE TOPCO, LP
75%+
WEALTHSPIRE TOPCO, LPIndirect owner · Schedule BInterest in WEALTHSPIRE I, LP
75%+
WEALTHSPIRE I, LPIndirect owner · Schedule BInterest in WEALTHSPIRE II, LP
75%+
WEALTHSPIRE II, LPIndirect owner · Schedule BInterest in WEALTHSPIRE, LP
75%+
WEALTHSPIRE, LPIndirect owner · Schedule BInterest in WEALTHSPIRE US PARENT, LLC
75%+
WEALTHSPIRE US PARENT, LLCIndirect owner · Schedule BInterest in WEALTHSPIRE RETIREMENT, LLC
75%+
WEALTHSPIRE RETIREMENT, LLCIndirect owner · Schedule BInterest in IMPROVED FUNDING TECHNIQUES, INC.
75%+
MDCP CO-INVESTORS (CHICAGO-C) L.P.Indirect owner · Schedule BInterest in WEALTHSPIRE GP LLC
25% to < 50%

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Accountants Proprietary Financial Servicenet, Inc...

Reported ownership and control details

Form ADV · Filing date 2025-12-11 · Schedules A and B

19 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1IMPROVED FUNDING TECHNIQUES, INC.OWNERDomestic entityACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLC75% or moreCode EYesOWNER12/2021Schedule APDF page 26
2BRUCE HOWARD SHAPIROSR. INVESTMENT SPECIALIST / CHIEF COMPLIANCE OFFICERIndividualACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCLess than 5%Code NAYesSR. INVESTMENT SPECIALIST / CHIEF COMPLIANCE OFFICER12/2021Schedule APDF page 26
3DANIEL ROBERT BYSTROMSVPIndividualACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCLess than 5%Code NAYesSVP12/2021Schedule APDF page 26
4BRETT RONALD SCHNEIDERDIRECTORIndividualACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCLess than 5%Code NAYesDIRECTOR12/2021Schedule APDF page 26
5VERONICA EI CHUN MOODIRECTORIndividualACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCLess than 5%Code NAYesDIRECTOR12/2021Schedule APDF page 26
6CARL EDWARD NELSONPRESIDENTIndividualACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCLess than 5%Code NAYesPRESIDENT10/2025Schedule APDF page 26
7MICHAEL EDMOND GOSSDIRECTORIndividualACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCLess than 5%Code NAYesDIRECTOR10/2025Schedule APDF page 26
8MICHAEL ANTHONY LAMENACHIEF EXECUTIVE OFFICERIndividualACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCLess than 5%Code NAYesCHIEF EXECUTIVE OFFICER10/2025Schedule APDF page 26
9ROBERT JAY HILZENRATHDIRECTORIndividualACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCLess than 5%Code NAYesDIRECTOR10/2025Schedule APDF page 26
10WEALTHSPIRE RETIREMENT ADVISORYOWNERDomestic entityIMPROVED FUNDING TECHNIQUES, INC.75% or moreCode EYesOWNER12/2021Schedule BPDF page 27
11MDCP CO-INVESTORS (CHICAGO-C) L.P.OWNERDomestic entityWEALTHSPIRE GP LLC25% to less than 50%Code CYesOWNER10/2025Schedule BPDF page 27
12WEALTHSPIRE GP LLCGENERAL PARTNERDomestic entityWEALTHSPIRE HOLDCO, LPPercentage not specifiedCode FYesGENERAL PARTNER10/2025Schedule BPDF page 27
13WEALTHSPIRE HOLDCO, LPOWNERDomestic entityWEALTHSPIRE TOPCO, LP75% or moreCode EYesOWNER10/2025Schedule BPDF page 27
14WEALTHSPIRE TOPCO, LPOWNERDomestic entityWEALTHSPIRE I, LP75% or moreCode EYesOWNER10/2025Schedule BPDF page 27
15WEALTHSPIRE I, LPOWNERDomestic entityWEALTHSPIRE II, LP75% or moreCode EYesOWNER10/2025Schedule BPDF page 27
16WEALTHSPIRE II, LPOWNERDomestic entityWEALTHSPIRE, LP75% or moreCode EYesOWNER10/2025Schedule BPDF page 27
17WEALTHSPIRE, LPOWNERDomestic entityWEALTHSPIRE US PARENT, LLC75% or moreCode EYesOWNER10/2025Schedule BPDF page 27
18WEALTHSPIRE US PARENT, LLCOWNERDomestic entityWEALTHSPIRE RETIREMENT, LLC75% or moreCode EYesOWNER10/2025Schedule BPDF page 27
19WEALTHSPIRE RETIREMENT, LLCOWNERDomestic entityIMPROVED FUNDING TECHNIQUES, INC.75% or moreCode EYesOWNER10/2025Schedule BPDF page 27

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 12/11/2025 9:58:55 AM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.