# Fagan Associates Inc

> 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.

- CRD: 107562
- Filed as: FAGAN ASSOCIATES INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Troy, NY
- Filing period: October 2026
- Form ADV filing dated: March 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107562
- AdvisorCensus page: https://advisorcensus.com/firm/fagan-associates-inc-troy-ny-107562

## Quick answers

**How is Fagan Associates Inc compensated?**
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.

**How much does Fagan Associates Inc charge?**
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; Hourly rate: $400 an hour (investment advice). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Fagan Associates Inc located?**
Fagan Associates Inc's principal office is in Troy, NY, according to its Form ADV.

**Is Fagan Associates Inc registered with the SEC or a state?**
Fagan Associates Inc is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 107562.

**How much does Fagan Associates Inc manage?**
Fagan Associates Inc reports $940,732,988 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (98% discretionary).

**How have Fagan Associates Inc's assets and staff changed since 2021?**
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.

**What types of clients does Fagan Associates Inc serve?**
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).

**Which custodians does Fagan Associates Inc use?**
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.

**Does Fagan Associates 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/107562

**Does Fagan Associates Inc state an account minimum?**
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."

**What changed in Fagan Associates Inc's recent Form ADV filings?**
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%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated March 9, 2026)

- 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

> Schedule of Management Fees: Assets Under Management Annual Fee Less than $1,000,000 1.50% $1,000,000 to $2,500,000 1.25% $2,500,001 to $5,000,000 1.00% Over $5,000,000 0.50%

- Account minimum: $250,000 (the brochure says it may be waived or negotiated)

> FAI requires a minimum account of $250,000 for investment advisory clients, although this may be negotiable under certain circumstances.

- Minimum annual fee: $500

> 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.

- Hourly rate: $400 an hour (investment advice)

> FAI may also provide investment advice on an hourly basis at a negotiable rate of not more than $400 per hour.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $940,732,988
- Discretionary: $922,720,928
- Non-discretionary: $18,012,060

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,518 | $369,128,540 |
| High net worth individuals | 245 | $538,220,702 |
| 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) | 9 | $13,115,922 |
| Charitable organizations | 28 | $20,267,824 |
| 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
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1996 (30 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, GA, MA, NC, NH, NJ, NY, OH, PA, RI, SC, TN, TX, VA, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- faganasset.com
- iheart.com/podcast/418-the-fagan-financial-report-28194661
- Facebook @faganasset
- Instagram @faganassociates
- LinkedIn @fagan-associates-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $555,169,712 | 4 | August 20, 2021 |
| October 2022 | $667,481,658 | 6 | August 11, 2022 |
| October 2023 | $583,233,874 | 5 | March 23, 2023 |
| October 2024 | $677,040,155 | 5 | July 24, 2024 |
| October 2025 | $801,637,420 | 6 | July 7, 2025 |
| October 2026 | $940,732,988 | 7 | March 9, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $801,637,420 to $940,732,988 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fagan Associates Inc (CRD 107562): Form ADV filing data as of October 2026.