{
  "crd_number": 107562,
  "slug": "fagan-associates-inc-troy-ny-107562",
  "primary_business_name": "FAGAN ASSOCIATES INC",
  "legal_name": "FAGAN ASSOCIATES INC",
  "dbas": [],
  "city": "Troy",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "10580",
  "metro": {
    "cbsa_code": "10580",
    "common_name": "Albany",
    "msa_name": "Albany-Schenectady-Troy, NY",
    "path": "/advisors/ny/albany"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1996-03-06",
  "years_registered": 30,
  "period": "2026-10-01",
  "filing_date": "2026-03-09",
  "carried_forward": false,
  "raum_total": 940732988.0,
  "raum_discretionary": 922720928.0,
  "raum_non_discretionary": 18012060.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 7,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 20267824.0,
      "count": 28
    },
    "individuals": {
      "raum": 369128540.0,
      "count": 1518
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 13115922.0,
      "count": 9
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 538220702.0,
      "count": 245
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CT",
    "FL",
    "GA",
    "MA",
    "NC",
    "NH",
    "NJ",
    "NY",
    "OH",
    "PA",
    "RI",
    "SC",
    "TN",
    "TX",
    "VA",
    "VT"
  ],
  "websites": [
    "https://facebook.com/faganasset",
    "https://faganasset.com",
    "https://iheart.com/podcast/418-the-fagan-financial-report-28194661",
    "https://instagram.com/faganassociates",
    "https://linkedin.com/company/fagan-associates-inc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107562",
  "city_as_filed": "TROY",
  "url": "https://advisorcensus.com/firm/fagan-associates-inc-troy-ny-107562",
  "display_name": "Fagan Associates Inc",
  "summary": "Fagan Associates Inc is an SEC-registered investment advisory firm in Troy, NY, registered since 1996, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 9, 2026.",
  "citation": "AdvisorCensus. Fagan Associates Inc (CRD 107562): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Fagan Associates Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Fagan Associates Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "What does Fagan Associates Inc's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 9, 2026 states: Up to $999,999: 1.5% a year; $1,000,000 to $2,500,000: 1.25% a year; $2,500,001 to $5,000,000: 1% a year; Above $5,000,001: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Fagan Associates Inc located?",
      "a": "Fagan Associates Inc's principal office is in Troy, NY, according to its Form ADV."
    },
    {
      "q": "Is Fagan Associates Inc registered with the SEC or a state?",
      "a": "Fagan Associates Inc is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 107562."
    },
    {
      "q": "How much does Fagan Associates Inc manage?",
      "a": "Fagan Associates Inc reports $940,732,988 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (98% discretionary)."
    },
    {
      "q": "How have Fagan Associates Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Fagan Associates Inc: Regulatory assets under management: $555,169,712 in the October 2021 data and $940,732,988 in the October 2026 data, up 69%. Total employees: 4 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Fagan Associates Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,518); high net worth individuals (245); charitable organizations (28)."
    },
    {
      "q": "Which custodians does Fagan Associates Inc use?",
      "a": "Fagan Associates Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Fagan Associates Inc report any disciplinary disclosures?",
      "a": "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/107562"
    },
    {
      "q": "Does Fagan Associates Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 9, 2026 says: \"FAI requires a minimum account of $250,000 for investment advisory clients, although this may be negotiable under certain circumstances.\""
    },
    {
      "q": "What changed in Fagan Associates Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $801,637,420 to $940,732,988 (+17%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 555169712.0,
      "total_employees": 4,
      "filing_date": "2021-08-20"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 667481658.0,
      "total_employees": 6,
      "filing_date": "2022-08-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 583233874.0,
      "total_employees": 5,
      "filing_date": "2023-03-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 677040155.0,
      "total_employees": 5,
      "filing_date": "2024-07-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 801637420.0,
      "total_employees": 6,
      "filing_date": "2025-07-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 940732988.0,
      "total_employees": 7,
      "filing_date": "2026-03-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 3.",
        "Regulatory assets under management went from $801,637,420 to $940,732,988 (+17%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 9, 2026",
    "tiers": [
      {
        "band": "Up to $999,999",
        "rate": "1.5%"
      },
      {
        "band": "$1,000,000 to $2,500,000",
        "rate": "1.25%"
      },
      {
        "band": "$2,500,001 to $5,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $5,000,001",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$500",
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $999,999: 1.5% a year",
          "$1,000,000 to $2,500,000: 1.25% a year",
          "$2,500,001 to $5,000,000: 1% a year",
          "Above $5,000,001: 0.5% a year"
        ],
        "quotes": [
          "Schedule of Management Fees:\n\nAssets Under Management Annual Fee \nLess than $1,000,000 1.50% \n$1,000,000 to $2,500,000 1.25% \n$2,500,001 to $5,000,000 1.00% \nOver $5,000,000 0.50%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "FAI requires a minimum account of $250,000 for investment advisory clients, although this may be negotiable under certain circumstances."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $500"
        ],
        "quotes": [
          "For the vast majority of its clients, FAI levies a fee that is negotiable, as a percentage of assets under management with a minimum fee of $500."
        ]
      }
    ],
    "quotes": [
      "Schedule of Management Fees:\n\nAssets Under Management Annual Fee \nLess than $1,000,000 1.50% \n$1,000,000 to $2,500,000 1.25% \n$2,500,001 to $5,000,000 1.00% \nOver $5,000,000 0.50%",
      "FAI requires a minimum account of $250,000 for investment advisory clients, although this may be negotiable under certain circumstances.",
      "For the vast majority of its clients, FAI levies a fee that is negotiable, as a percentage of assets under management with a minimum fee of $500."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/fagan-associates-inc-troy-ny-107562.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1518,
      "fewer_than_5": false,
      "raum": 369128540.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 245,
      "fewer_than_5": false,
      "raum": 538220702.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 13115922.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 28,
      "fewer_than_5": false,
      "raum": 20267824.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107562",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}