# Moldenhauer & Associates

> Moldenhauer & Associates is an SEC-registered investment advisory firm in Orchard Park, NY, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated January 23, 2026.

- CRD: 337303
- Filed as: MOLDENHAUER & ASSOCIATES
- Legal name: Buffalo Business & Estate Services Ltd
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Orchard Park, NY
- Filing period: October 2026
- Form ADV filing dated: January 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/337303
- AdvisorCensus page: https://advisorcensus.com/firm/moldenhauer-and-associates-orchard-park-ny-337303

## Quick answers

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

**How much does Moldenhauer & Associates charge?**
Its Form ADV Part 2A brochure dated January 23, 2026 states: Hourly rate: up to $500 an hour (Wealth Management Consulting). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Moldenhauer & Associates located?**
Moldenhauer & Associates' principal office is in Orchard Park, NY, according to its Form ADV.

**Is Moldenhauer & Associates registered with the SEC or a state?**
Moldenhauer & Associates is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 337303.

**How much does Moldenhauer & Associates manage?**
Moldenhauer & Associates reports $764,911,010 in regulatory assets under management in its Form ADV filing dated January 23, 2026 (100% discretionary).

**What types of clients does Moldenhauer & Associates serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (920); high net worth individuals (232).

**Which custodians does Moldenhauer & Associates use?**
Moldenhauer & Associates' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Moldenhauer & Associates 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/337303

**What changed in Moldenhauer & Associates' recent Form ADV filings?**
In the December 2025 filing data: Newly registered with the SEC.

## 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 January 23, 2026)

- Hourly rate: up to $500 an hour (Wealth Management Consulting)

> Wealth Management Consulting: The program provides clients with the option of paying an annual fee for ongoing services, a flat or fixed fee, or an hourly rate not to exceed $500.

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services 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: $764,911,010
- Discretionary: $764,911,010
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 920 | $301,071,015 |
| High net worth individuals | 232 | $461,749,124 |
| Corporations or other businesses not listed above | Fewer than 5 | $2,090,871 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2025 (1 year)
- Employees: 15 total, 10 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, FL, MD, NC, NY, OH, PA, SC, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- moldenhauerassociates.com
- Facebook @MoldenhauerAssociates
- LinkedIn @moldenhauer-&-associates

## Changes in the filing (last 12 months)

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Moldenhauer & Associates (CRD 337303): Form ADV filing data as of October 2026.