# Lipe & Dalton Investment Counsel

> 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.

- CRD: 132737
- Filed as: LIPE & DALTON INVESTMENT COUNSEL
- Legal name: Lipe & Dalton,inc.
- Also doing business as: WWW.LIPEANDDALTON.COM
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Syracuse, NY
- Filing period: October 2026
- Form ADV filing dated: February 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/132737
- AdvisorCensus page: https://advisorcensus.com/firm/lipe-and-dalton-investment-counsel-syracuse-ny-132737

## Quick answers

**How is Lipe & Dalton Investment Counsel compensated?**
On its Form ADV (Item 5.E, October 2026), Lipe & Dalton Investment Counsel reports these compensation arrangements: a percentage of assets under its management.

**How much does Lipe & Dalton Investment Counsel charge?**
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.

**Where is Lipe & Dalton Investment Counsel located?**
Lipe & Dalton Investment Counsel's principal office is in Syracuse, NY, according to its Form ADV.

**Is Lipe & Dalton Investment Counsel registered with the SEC or a state?**
Lipe & Dalton Investment Counsel is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 132737.

**How much does Lipe & Dalton Investment Counsel manage?**
Lipe & Dalton Investment Counsel reports $779,900,000 in regulatory assets under management in its Form ADV filing dated February 11, 2026 (100% discretionary).

**How have Lipe & Dalton Investment Counsel's assets and staff changed since 2021?**
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.

**What types of clients does Lipe & Dalton Investment Counsel serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (376); charitable organizations (6).

**Does Lipe & Dalton Investment Counsel 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/132737

**Does Lipe & Dalton Investment Counsel state an account minimum?**
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."

**What changed in Lipe & Dalton Investment Counsel's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $690,500,000 to $779,900,000 (+13%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 11, 2026)

- Asset-based fee: 1% of assets a year

> Our annual fees for Investment Supervisory Services are based upon a percentage of assets under management and generally start at 1.00%.

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

> A minimum of $250,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances.

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

### Regulatory assets under management (Item 5.F)
- Total: $779,900,000
- Discretionary: $779,900,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 376 | $740,905,000 |
| Charitable organizations | 6 | $38,995,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2006 (20 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, DE, FL, GA, IN, MA, NC, NH, NJ, NM, NV, NY, OH, PA, TN, TX, VT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- lipeanddalton.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $525,098,309 | 2 | February 11, 2021 |
| October 2022 | $656,529,903 | 2 | February 9, 2022 |
| October 2023 | $605,514,001 | 2 | February 21, 2023 |
| October 2024 | $653,951,923 | 2 | March 11, 2024 |
| October 2025 | $690,500,000 | 2 | March 27, 2025 |
| October 2026 | $779,900,000 | 2 | February 11, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $690,500,000 to $779,900,000 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lipe & Dalton Investment Counsel (CRD 132737): Form ADV filing data as of October 2026.