# Core Alpha, Inc.

> Core Alpha, Inc. is an SEC-registered investment advisory firm in Rochester, NY, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 119635
- Filed as: CORE ALPHA, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rochester, NY
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/119635
- AdvisorCensus page: https://advisorcensus.com/firm/core-alpha-inc-rochester-ny-119635

## Quick answers

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

**Where is Core Alpha, Inc. located?**
Core Alpha, Inc.'s principal office is in Rochester, NY, according to its Form ADV.

**Is Core Alpha, Inc. registered with the SEC or a state?**
Core Alpha, Inc. is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 119635.

**How much does Core Alpha, Inc. manage?**
Core Alpha, Inc. reports $146,054,102 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (85% discretionary).

**How have Core Alpha, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Core Alpha, Inc.: Regulatory assets under management: $66,309,571 in the October 2021 data and $146,054,102 in the October 2026 data, up 120%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Core Alpha, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (321).

**Which custodians does Core Alpha, Inc. use?**
Core Alpha, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC and SEI Investments Distribution Co. as custodians holding 10% or more of its separately managed account assets.

**Does Core Alpha, 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/119635

**What changed in Core Alpha, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $112,770,386 to $146,054,102 (+30%).

## From the Form ADV filing

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

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

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: $146,054,102
- Discretionary: $123,850,105
- Non-discretionary: $22,203,997

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 321 | $146,054,102 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2020 (6 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- corealpha.com
- X @COREALPHA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $66,309,571 | 4 | August 20, 2021 |
| October 2022 | $74,843,303 | 4 | March 23, 2022 |
| October 2023 | $72,582,673 | 4 | July 17, 2023 |
| October 2024 | $94,451,372 | 4 | January 30, 2024 |
| October 2025 | $112,770,386 | 4 | June 25, 2025 |
| October 2026 | $146,054,102 | 3 | March 24, 2026 |

Regulatory assets under management: $66,309,571 in the October 2021 data and $146,054,102 in the October 2026 data, up 120%.
Total employees: 4 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $112,770,386 to $146,054,102 (+30%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Core Alpha, Inc. (CRD 119635): Form ADV filing data as of October 2026.