# Marshall + Sterling Wealth Advisors, Inc.

> Marshall + Sterling Wealth Advisors, Inc. is an SEC-registered investment advisory firm in Poughkeepsie, NY, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 12, 2026.

- CRD: 164345
- Filed as: MARSHALL + STERLING WEALTH ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Poughkeepsie, NY
- Filing period: October 2026
- Form ADV filing dated: May 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164345
- AdvisorCensus page: https://advisorcensus.com/firm/marshall-plus-sterling-wealth-advisors-inc-poughkeepsie-ny-164345

## Quick answers

**How is Marshall + Sterling Wealth Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Marshall + Sterling Wealth Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**What does Marshall + Sterling Wealth Advisors, Inc.'s brochure say about its fees?**
Its Form ADV Part 2A brochure dated April 23, 2026 states: Asset-based fee: 0.5% to 1.8% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Marshall + Sterling Wealth Advisors, Inc. located?**
Marshall + Sterling Wealth Advisors, Inc.'s principal office is in Poughkeepsie, NY, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Marshall + Sterling Wealth Advisors, Inc. registered with the SEC or a state?**
Marshall + Sterling Wealth Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 164345.

**How much does Marshall + Sterling Wealth Advisors, Inc. manage?**
Marshall + Sterling Wealth Advisors, Inc. reports $1,586,218,016 in regulatory assets under management in its Form ADV filing dated May 12, 2026 (26% discretionary).

**How have Marshall + Sterling Wealth Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Marshall + Sterling Wealth Advisors, Inc.: Regulatory assets under management: $340,307,553 in the October 2021 data and $1,586,218,016 in the October 2026 data, up 366%. Total employees: 11 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Marshall + Sterling Wealth Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (700); pension and profit sharing plans (but not the plan participants or government pension plans) (95); high net worth individuals (91).

**Which custodians does Marshall + Sterling Wealth Advisors, Inc. use?**
Marshall + Sterling Wealth Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Marshall + Sterling Wealth Advisors, 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/164345

**What changed in Marshall + Sterling Wealth Advisors, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $995,832,115 to $1,586,218,016 (+59%). Employees performing advisory functions went from 7 to 9. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated April 23, 2026)

- Asset-based fee: 0.5% to 1.8% a year (a range, as the brochure states it)

> The annual fee generally varies between 0.50% and 1.80% depending upon the market value of the assets under management and the type of investment services to be rendered.

- Minimum annual fee: None

> The Firm does not require a minimum account size or minimum fee for opening or maintaining an account with the Firm.

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

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial LLC

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: $1,586,218,016
- Discretionary: $418,238,732
- Non-discretionary: $1,167,979,284

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 700 | $191,684,892 |
| High net worth individuals | 91 | $153,579,322 |
| 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) | 95 | $1,168,673,325 |
| Charitable organizations | 8 | $2,952,746 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 1 | $22,567,285 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 7 | $46,760,446 |
| 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
- Pension consulting services

### Firm details
- Registered since: 2013 (12 years)
- Employees: 15 total, 9 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, CT, FL, MA, NC, NJ, NY, PA, SC, TX, VI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Kingston, NY

### Websites listed on Form ADV (Item 1.I)
- marshallsterling.com
- LinkedIn linkedin.com
- LinkedIn @craig-pesce
- LinkedIn @don-graves-72686033
- LinkedIn @eric-diamond-07536111
- LinkedIn @frank-smith-cpa-vp-4086735
- LinkedIn @heather-wargo-961a2b42
- LinkedIn @jeannemaloy
- LinkedIn @jimdahoney
- LinkedIn @kathy-haase-11006252
- LinkedIn @kurt-jaeger-rhu-chhc-95939267
- LinkedIn @matthew-dehond-fpqp-4a0ba399
- LinkedIn @michael-a-ryan-cfp®-0a87a2a
- LinkedIn @timpaulson12
- LinkedIn @yvonnestepnowski
- X @mswealthadvisor

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $340,307,553 | 11 | September 14, 2021 |
| October 2022 | $423,583,859 | 11 | April 14, 2022 |
| October 2023 | $422,467,499 | 14 | July 18, 2023 |
| October 2024 | $663,902,233 | 13 | August 2, 2024 |
| October 2025 | $995,832,115 | 13 | April 7, 2025 |
| October 2026 | $1,586,218,016 | 15 | May 12, 2026 |

Regulatory assets under management: $340,307,553 in the October 2021 data and $1,586,218,016 in the October 2026 data, up 366%.
Total employees: 11 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $995,832,115 to $1,586,218,016 (+59%).
- Employees performing advisory functions went from 7 to 9.
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Changed its legal name from Marshall & Sterling Wealth Advisors, Inc. to Marshall + Sterling Wealth Advisors, Inc..

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Marshall + Sterling Wealth Advisors, Inc. (CRD 164345): Form ADV filing data as of October 2026.