{
  "crd_number": 285136,
  "slug": "layline-advisors-rochester-ny-285136",
  "primary_business_name": "LAYLINE ADVISORS",
  "legal_name": "LAYLINE ADVISORS, LLC",
  "dbas": [],
  "city": "Rochester",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "40380",
  "metro": {
    "cbsa_code": "40380",
    "common_name": "Rochester",
    "msa_name": "Rochester, NY",
    "path": "/advisors/ny/rochester"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-03-08",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-01-09",
  "carried_forward": false,
  "raum_total": 131311586.0,
  "raum_discretionary": 112237246.0,
  "raum_non_discretionary": 19074340.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 21658075.0,
      "count": 66
    },
    "pension_profit_sharing": {
      "raum": 13448436.0,
      "count": 6
    },
    "high_net_worth_individuals": {
      "raum": 96205075.0,
      "count": 48
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY",
    "TX"
  ],
  "websites": [
    "https://laylineadvisors.com",
    "https://linkedin.com/company/layline-advisors-llc",
    "https://linkedin.com/in/mark-wyand",
    "https://linkedin.com/in/matthew-c-lechner",
    "https://twitter.com/LaylineAdvisors"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/285136",
  "city_as_filed": "ROCHESTER",
  "url": "https://advisorcensus.com/firm/layline-advisors-rochester-ny-285136",
  "display_name": "Layline Advisors",
  "summary": "Layline Advisors is an SEC-registered investment advisory firm in Rochester, NY, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 9, 2026.",
  "citation": "AdvisorCensus. Layline Advisors (CRD 285136): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Layline Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Layline Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Layline Advisors located?",
      "a": "Layline Advisors' principal office is in Rochester, NY, according to its Form ADV."
    },
    {
      "q": "Is Layline Advisors registered with the SEC or a state?",
      "a": "Layline Advisors is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 285136."
    },
    {
      "q": "How much does Layline Advisors manage?",
      "a": "Layline Advisors reports $131,311,586 in regulatory assets under management in its Form ADV filing dated January 9, 2026 (85% discretionary)."
    },
    {
      "q": "How have Layline Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Layline Advisors: Regulatory assets under management: $44,127,000 in the October 2021 data and $131,311,586 in the October 2026 data, up 198%. Total employees: 2 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Layline Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (66); high net worth individuals (48); pension and profit sharing plans (but not the plan participants or government pension plans) (6)."
    },
    {
      "q": "Which custodians does Layline Advisors use?",
      "a": "Layline Advisors' 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 Layline Advisors 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/285136"
    },
    {
      "q": "Does Layline Advisors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 9, 2026 says: \"We do not have a minimum account size requirement.\""
    },
    {
      "q": "What changed in Layline Advisors' recent Form ADV filings?",
      "a": "In the February 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $106,535,272 to $131,311,586 (+23%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 44127000.0,
      "total_employees": 2,
      "filing_date": "2021-06-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 64400000.0,
      "total_employees": 2,
      "filing_date": "2022-02-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 62040430.0,
      "total_employees": 2,
      "filing_date": "2023-01-09"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 78157663.0,
      "total_employees": 2,
      "filing_date": "2024-01-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 106535272.0,
      "total_employees": 2,
      "filing_date": "2025-03-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 131311586.0,
      "total_employees": 4,
      "filing_date": "2026-01-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 3.",
        "Regulatory assets under management went from $106,535,272 to $131,311,586 (+23%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 9, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We do not have a minimum account size requirement."
        ]
      }
    ],
    "quotes": [
      "We do not have a minimum account size requirement."
    ],
    "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/layline-advisors-rochester-ny-285136.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 66,
      "fewer_than_5": false,
      "raum": 21658075.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 48,
      "fewer_than_5": false,
      "raum": 96205075.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 13448436.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "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/285136",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}