AdvisorCensus / Financial advisors / New York / Buffalo / Paramount Wealth Advisors
Paramount Wealth Advisors
Filed as PARAMOUNT WEALTH ADVISORS · Legal name Invictus Advisory Services LLC
Paramount Wealth Advisors is an SEC-registered investment advisory firm in Buffalo, NY, registered since 2026, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated May 5, 2026.
Quick answers
From the filingHow is Paramount Wealth Advisors compensated?
On its Form ADV (Item 5.E, October 2026), Paramount Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Paramount Wealth Advisors located?
Paramount Wealth Advisors' principal office is in Buffalo, NY, according to its Form ADV.
Is Paramount Wealth Advisors registered with the SEC or a state?
Paramount Wealth Advisors is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 312399.
How much does Paramount Wealth Advisors manage?
Paramount Wealth Advisors reports $37,639,930 in regulatory assets under management in its Form ADV filing dated May 5, 2026 (100% discretionary).
What types of clients does Paramount Wealth Advisors serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (44); high net worth individuals (12); corporations or other businesses not listed above (8).
Which custodians does Paramount Wealth Advisors use?
Paramount Wealth 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.
Does Paramount Wealth Advisors 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/312399
Does Paramount Wealth Advisors state an account minimum?
Its Form ADV Part 2A brochure dated March 31, 2026 says: "Invictus does not impose a stated minimum fee or minimum portfolio value for starting or maintaining an investment advisory relationship."
What changed in Paramount Wealth Advisors' recent Form ADV filings?
In the June 2026 filing data: Newly registered with the SEC.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: None
The brochure's wording
Invictus does not impose a stated minimum fee or minimum portfolio value for starting or maintaining an investment advisory relationship.
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$37,639,930 as of October 2026, filing dated May 5, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Invictus Advisory Services LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 3. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Changes in the filing
Last 12 months- June 2026
- Newly registered with the SEC.
- May 2026
- No longer lists the business name Paramount Wealth Advisors.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Paramount Wealth Advisors (CRD 312399): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/paramount-wealth-advisors-buffalo-ny-312399