{
  "crd_number": 125648,
  "slug": "pks-advisory-services-llc-albany-ny-125648",
  "primary_business_name": "PKS ADVISORY SERVICES, LLC",
  "legal_name": "PKS ADVISORY SERVICES, LLC",
  "dbas": [
    "ALLEGIANT WEALTH MANAGEMENT",
    "CAPITAL SARATOGA WEALTH MANAGEMENT",
    "FBG ADVISORY",
    "MACALUSO WEALTH MANAGEMENT GROUP",
    "NATALE WEALTH MANAGEMENT",
    "PREMIER WEALTH ADVISORY GROUP",
    "PYJM WEALTH MANAGEMENT",
    "ROY MATLOCK JR. ADVISORY",
    "SMART GROUP",
    "WOEHLER FINANCIAL GROUP",
    "WOODLANDS PORTFOLIO MANAGEMENT"
  ],
  "city": "Albany",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "10580",
  "metro": {
    "cbsa_code": "10580",
    "common_name": "Albany",
    "msa_name": "Albany-Schenectady-Troy, NY",
    "path": "/advisors/ny/albany"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2003-06-20",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-07-29",
  "carried_forward": false,
  "raum_total": 1093322679.0,
  "raum_discretionary": 1042778589.0,
  "raum_non_discretionary": 50544090.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 45,
  "advisory_employees": 36,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 752919507.0,
      "count": 4696
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 326168691.0,
      "count": 178
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 14234481.0,
      "count": 18
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://allegiantwm.com",
    "https://capitalsaratogawealth.com",
    "https://facebook.com/LouisJCzerwinski",
    "https://facebook.com/wpminvest",
    "https://financialbenefitsgroupinc.com",
    "https://instagram.com/wpminvest?igsh=OHJiaXk0ZXNkcnR3",
    "https://linkedin.com/in/john-a-ramirez-70897620",
    "https://linkedin.com/in/louczerwinski",
    "https://premierwealthadvisorygroup.com",
    "https://roymatlockjr.com",
    "https://themacalusogroup.com",
    "https://woehlerfinancialgroup.com",
    "https://wpminvest.com",
    "https://x.com/john16ramirez?s=21&t=cJUwLK6XauuxBHBFHXyKEg",
    "https://x.com/louisczerwinski?s=11"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/125648",
  "city_as_filed": "ALBANY",
  "url": "https://advisorcensus.com/firm/pks-advisory-services-llc-albany-ny-125648",
  "display_name": "PKS Advisory Services, LLC",
  "summary": "PKS Advisory Services, LLC is an SEC-registered investment advisory firm in Albany, NY, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 29, 2026.",
  "citation": "AdvisorCensus. PKS Advisory Services, LLC (CRD 125648): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is PKS Advisory Services, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), PKS Advisory Services, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is PKS Advisory Services, LLC located?",
      "a": "PKS Advisory Services, LLC's principal office is in Albany, NY, according to its Form ADV; the August 2026 filing also lists 9 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is PKS Advisory Services, LLC registered with the SEC or a state?",
      "a": "PKS Advisory Services, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 125648."
    },
    {
      "q": "How much does PKS Advisory Services, LLC manage?",
      "a": "PKS Advisory Services, LLC reports $1,093,322,679 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (95% discretionary)."
    },
    {
      "q": "How have PKS Advisory Services, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for PKS Advisory Services, LLC: Regulatory assets under management: $766,929,026 in the October 2021 data and $1,093,322,679 in the October 2026 data, up 43%. Total employees: 50 in October 2021 and 45 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does PKS Advisory Services, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4,696); high net worth individuals (178); corporations or other businesses not listed above (18)."
    },
    {
      "q": "Which custodians does PKS Advisory Services, LLC use?",
      "a": "PKS Advisory Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does PKS Advisory Services, LLC 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/125648"
    },
    {
      "q": "Does PKS Advisory Services, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 18, 2026 says: \"PKSA does not impose a minimum portfolio size or minimum annual fee.\""
    },
    {
      "q": "What changed in PKS Advisory Services, LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in AK, HI, IA, KS, KY, ME, MO, MT, ND, NE, NV, WY."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 766929026.0,
      "total_employees": 50,
      "filing_date": "2021-05-19"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 976577638.0,
      "total_employees": 47,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 725246094.0,
      "total_employees": 46,
      "filing_date": "2023-09-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 697742374.0,
      "total_employees": 50,
      "filing_date": "2024-07-02"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 905367391.0,
      "total_employees": 49,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1093322679.0,
      "total_employees": 45,
      "filing_date": "2026-07-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in AK, HI, IA, KS, KY, ME, MO, MT, ND, NE, NV, WY."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "No longer lists the business name Laine Wealth Management.",
        "Added the business name Smart Group.",
        "Added an office in Houston, TX."
      ]
    },
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "No longer lists the business name Davis Brinks Wealth Management.",
        "Added the business name Laine Wealth Management.",
        "Added an office in El Segundo, CA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Growe Capital Advisors.",
        "No longer lists the business name Reid Financial.",
        "Added the business name Pyjm Wealth Management.",
        "Employees performing advisory functions went from 37 to 36.",
        "Regulatory assets under management went from $905,367,391 to $1,093,322,679 (+21%).",
        "Changed its office addresses in Malta, NY.",
        "No longer lists an office in Memphis, TN.",
        "Registered or notice-filed in AR, MD."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 18, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "None",
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "PKSA does not impose a minimum portfolio size or minimum annual fee."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: None"
        ],
        "quotes": [
          "PKSA does not impose a minimum portfolio size or minimum annual fee."
        ]
      }
    ],
    "quotes": [
      "PKSA does not impose a minimum portfolio size or minimum annual fee.",
      "PKSA does not impose a minimum portfolio size or minimum annual fee."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/pks-advisory-services-llc-albany-ny-125648.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 4696,
      "fewer_than_5": false,
      "raum": 752919507.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 178,
      "fewer_than_5": false,
      "raum": 326168691.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 18,
      "fewer_than_5": false,
      "raum": 14234481.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/125648",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}