Z
Zales Investment Management, Inc
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$14,000,000
Clients
6
0% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
6
Very LowAverage account size
$2,333,333
About
Zales Investment Management provides discretionary, fee‑only portfolio management to individual clients and trusts. As of December 31, 2023, the firm reported approximately $14.1 million in assets under management across six client accounts.
Investment decisions are grounded in fundamental analysis and a concentrated, long‑term approach: the adviser typically holds no more than about ten companies and seeks to maintain positions for at least ten years, sometimes using multiple securities tied to the same company. Zales uses written financial profile and risk‑profile documents to determine suitability, and the strategy is intended for clients with a higher tolerance for volatility given the potential for meaningful gains or losses from individual holdings.
The firm is operated by its owner, Michael (Jack) Zales, who serves as the sole registered advisor and is responsible for compliance and client supervision, reflecting a small, long‑standing practice in operation since 1982. Compared with many peers, Zales is notable for its very small client roster and concentrated holding strategy, its policy of not voting client proxies (clients retain proxy voting responsibility), and its reliance on custodial records rather than internal performance calculations.
Client services
Portfolio management
Expertise
Active portfolio management
Fee options
$0 - $2,000,000: 1.00% / Year $2,000,000+: Negotiable
Fee-only: Fee only financial advisor; no commissions received
Most active in
Zales Investment Management, Inc has reported serving >5 clients in these states in the last 12 months.
Colorado
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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