{
  "crd_number": 132737,
  "slug": "lipe-and-dalton-investment-counsel-syracuse-ny-132737",
  "primary_business_name": "LIPE & DALTON INVESTMENT COUNSEL",
  "legal_name": "LIPE & DALTON,INC.",
  "dbas": [
    "WWW.LIPEANDDALTON.COM"
  ],
  "city": "Syracuse",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "45060",
  "metro": {
    "cbsa_code": "45060",
    "common_name": "Syracuse",
    "msa_name": "Syracuse, NY",
    "path": "/advisors/ny/syracuse"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-03-23",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-02-11",
  "carried_forward": false,
  "raum_total": 779900000.0,
  "raum_discretionary": 779900000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 38995000.0,
      "count": 6
    },
    "high_net_worth_individuals": {
      "raum": 740905000.0,
      "count": 376
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "DE",
    "FL",
    "GA",
    "IN",
    "MA",
    "NC",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "PA",
    "TN",
    "TX",
    "VT",
    "WA"
  ],
  "websites": [
    "https://lipeanddalton.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/132737",
  "city_as_filed": "SYRACUSE",
  "url": "https://advisorcensus.com/firm/lipe-and-dalton-investment-counsel-syracuse-ny-132737",
  "display_name": "Lipe & Dalton Investment Counsel",
  "summary": "Lipe & Dalton Investment Counsel is an SEC-registered investment advisory firm in Syracuse, NY, registered since 2006, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 11, 2026.",
  "citation": "AdvisorCensus. Lipe & Dalton Investment Counsel (CRD 132737): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Lipe & Dalton Investment Counsel compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Lipe & Dalton Investment Counsel reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Lipe & Dalton Investment Counsel charge?",
      "a": "Its Form ADV Part 2A brochure dated February 11, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Lipe & Dalton Investment Counsel located?",
      "a": "Lipe & Dalton Investment Counsel's principal office is in Syracuse, NY, according to its Form ADV."
    },
    {
      "q": "Is Lipe & Dalton Investment Counsel registered with the SEC or a state?",
      "a": "Lipe & Dalton Investment Counsel is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 132737."
    },
    {
      "q": "How much does Lipe & Dalton Investment Counsel manage?",
      "a": "Lipe & Dalton Investment Counsel reports $779,900,000 in regulatory assets under management in its Form ADV filing dated February 11, 2026 (100% discretionary)."
    },
    {
      "q": "How have Lipe & Dalton Investment Counsel's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Lipe & Dalton Investment Counsel: Regulatory assets under management: $525,098,309 in the October 2021 data and $779,900,000 in the October 2026 data, up 49%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Lipe & Dalton Investment Counsel serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (376); charitable organizations (6)."
    },
    {
      "q": "Does Lipe & Dalton Investment Counsel 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/132737"
    },
    {
      "q": "Does Lipe & Dalton Investment Counsel state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 11, 2026 says: \"A minimum of $250,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances.\""
    },
    {
      "q": "What changed in Lipe & Dalton Investment Counsel's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $690,500,000 to $779,900,000 (+13%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 525098309.0,
      "total_employees": 2,
      "filing_date": "2021-02-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 656529903.0,
      "total_employees": 2,
      "filing_date": "2022-02-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 605514001.0,
      "total_employees": 2,
      "filing_date": "2023-02-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 653951923.0,
      "total_employees": 2,
      "filing_date": "2024-03-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 690500000.0,
      "total_employees": 2,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 779900000.0,
      "total_employees": 2,
      "filing_date": "2026-02-11"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $690,500,000 to $779,900,000 (+13%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 11, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "1% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1% of assets a year"
        ],
        "quotes": [
          "Our annual fees for Investment Supervisory Services are based upon a percentage of assets under management and generally start at 1.00%."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "A minimum of $250,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 1.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 250000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Our annual fees for Investment Supervisory Services are based upon a percentage of assets under management and generally start at 1.00%.",
      "A minimum of $250,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/lipe-and-dalton-investment-counsel-syracuse-ny-132737.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 376,
      "fewer_than_5": false,
      "raum": 740905000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 6,
      "fewer_than_5": false,
      "raum": 38995000.0
    }
  ],
  "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/132737",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}