# Allegheny Financial Group

> Allegheny Financial Group is an SEC-registered investment advisory firm in Pittsburgh, PA, registered since 1977, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 24, 2026.

- CRD: 104690
- Filed as: ALLEGHENY FINANCIAL GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Pittsburgh, PA
- Filing period: October 2026
- Form ADV filing dated: August 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104690
- AdvisorCensus page: https://advisorcensus.com/firm/allegheny-financial-group-pittsburgh-pa-104690

## Quick answers

**How is Allegheny Financial Group compensated?**
On its Form ADV (Item 5.E, October 2026), Allegheny Financial Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**How much does Allegheny Financial Group charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Hourly rate: $500 an hour (financial planning and other services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Allegheny Financial Group located?**
Allegheny Financial Group's principal office is in Pittsburgh, PA, according to its Form ADV.

**Is Allegheny Financial Group registered with the SEC or a state?**
Allegheny Financial Group is an SEC-registered investment advisory firm, registered since 1977. Status as filed: Approved. CRD 104690.

**How much does Allegheny Financial Group manage?**
Allegheny Financial Group reports $5,593,591,868 in regulatory assets under management in its Form ADV filing dated August 24, 2026 (98% discretionary).

**How have Allegheny Financial Group's assets and staff changed since 2021?**
In the Form ADV data for Allegheny Financial Group: Regulatory assets under management: $3,897,483,825 in the October 2021 data and $5,593,591,868 in the October 2026 data, up 44%. Total employees: 100 in October 2021 and 103 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Allegheny Financial Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,583); high net worth individuals (1,337); charitable organizations (20).

**Which custodians does Allegheny Financial Group use?**
Allegheny Financial Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Allegheny Financial Group 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/104690

**What changed in Allegheny Financial Group's recent Form ADV filings?**
In the September 2026 filing data: Registered or notice-filed in CO.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Hourly rate: $500 an hour (financial planning and other services)

> Our maximum hourly fee rate is $500.00, and we will negotiate this fee with you in advance.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $5,593,591,868
- Discretionary: $5,472,954,953
- Non-discretionary: $120,636,915

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,583 | $802,923,021 |
| High net worth individuals | 1,337 | $4,499,103,619 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | Not reported | $0 |
| Business development companies | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $155,582,093 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 5 | $16,065,551 |
| Charitable organizations | 20 | $47,316,816 |
| State or municipal government entities (including government pension plans) | Not reported | $0 |
| Other investment advisers | Not reported | $0 |
| Insurance companies | Not reported | $0 |
| Sovereign wealth funds and foreign official institutions | Not reported | $0 |
| Corporations or other businesses not listed above | 13 | $72,600,768 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1977 (49 years)
- Employees: 103 total, 28 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IL, IN, KY, LA, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NM, NV, NY, OH, OR, PA, RI, SC, TN, TX, VA, VT, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alleghenyfinancial.com
- alleghenyinvestments.com
- Facebook @alleghenyfinancialgroup.com
- Instagram @alleghenyfinancialgroup
- LinkedIn @alllegheny-financial-group

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,897,483,825 | 100 | May 12, 2021 |
| October 2022 | $4,417,139,275 | 102 | September 20, 2022 |
| October 2023 | $3,789,857,601 | 101 | March 31, 2023 |
| October 2024 | $4,472,173,015 | 101 | April 16, 2024 |
| October 2025 | $4,904,134,773 | 105 | April 1, 2025 |
| October 2026 | $5,593,591,868 | 103 | August 24, 2026 |

Regulatory assets under management: $3,897,483,825 in the October 2021 data and $5,593,591,868 in the October 2026 data, up 44%.
Total employees: 100 in October 2021 and 103 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Registered or notice-filed in CO.

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $4,904,134,773 to $5,593,591,868 (+14%).
- Registered or notice-filed in NE, NV, RI.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in CO, ID, MS, NE, NV, UT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Allegheny Financial Group (CRD 104690): Form ADV filing data as of October 2026.