{
  "crd_number": 288959,
  "slug": "the-westchester-group-llc-288959",
  "primary_business_name": "THE WESTCHESTER GROUP, LLC",
  "legal_name": "THE WESTCHESTER GROUP, LLC",
  "dbas": [
    "THE WESTCHESTER GROUP LLC"
  ],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-06-13",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-11",
  "carried_forward": false,
  "raum_total": 187923640.0,
  "raum_discretionary": 50283714.0,
  "raum_non_discretionary": 137639926.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 177601115.0,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 10322525.0,
      "count": 13
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 10
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [
    "MI",
    "OH"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288959",
  "disclosure_items": [
    {
      "item": "11.E(1)",
      "question": "Has a self-regulatory organization (such as FINRA) or a commodities exchange ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/the-westchester-group-llc-288959",
  "display_name": "The Westchester Group, LLC",
  "summary": "The Westchester Group, LLC is an SEC-registered investment advisory firm, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 11, 2026.",
  "citation": "AdvisorCensus. The Westchester Group, LLC (CRD 288959): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is The Westchester Group, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), The Westchester Group, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does The Westchester Group, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 11, 2026 states: Up to $10,000,000: 0.6% a year; $10,000,001 to $20,000,000: 0.4% a year; $20,000,001 to $50,000,000: 0.3% a year; Above $50,000,001: 0.15% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is The Westchester Group, LLC registered with the SEC or a state?",
      "a": "The Westchester Group, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 288959."
    },
    {
      "q": "How much does The Westchester Group, LLC manage?",
      "a": "The Westchester Group, LLC reports $187,923,640 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (27% discretionary)."
    },
    {
      "q": "How have The Westchester Group, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for The Westchester Group, LLC: Regulatory assets under management: $169,484,109 in the October 2021 data and $187,923,640 in the October 2026 data, up 11%. 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."
    },
    {
      "q": "What types of clients does The Westchester Group, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (13); corporations or other businesses not listed above (10)."
    },
    {
      "q": "Does The Westchester Group, LLC report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.E(1) (self-regulatory organization's finding of a false statement or omission), 11.E(2) (self-regulatory organization's finding of a rule violation), and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288959"
    },
    {
      "q": "Does The Westchester Group, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 11, 2026 says: \"Westchester does not generally impose a minimum portfolio value.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 169484109.0,
      "total_employees": 2,
      "filing_date": "2021-01-14"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 181328897.0,
      "total_employees": 2,
      "filing_date": "2022-02-10"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 156390805.0,
      "total_employees": 2,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 166549970.0,
      "total_employees": 2,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 181306015.0,
      "total_employees": 2,
      "filing_date": "2025-03-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 187923640.0,
      "total_employees": 2,
      "filing_date": "2026-03-11"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 11, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $10,000,000",
        "rate": "0.6%"
      },
      {
        "band": "$10,000,001 to $20,000,000",
        "rate": "0.4%"
      },
      {
        "band": "$20,000,001 to $50,000,000",
        "rate": "0.3%"
      },
      {
        "band": "Above $50,000,001",
        "rate": "0.15%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $10,000,000: 0.6% a year",
          "$10,000,001 to $20,000,000: 0.4% a year",
          "$20,000,001 to $50,000,000: 0.3% a year",
          "Above $50,000,001: 0.15% a year"
        ],
        "quotes": [
          "The annual rates are as follows: Assets Under Management Annual Rate $0.00 - $10,000,000 0.60% $10,000,001 - $20,000,000 0.40% $20,000,001 - $50,000,000 0.30% Over $50,000,001 0.15%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Westchester does not generally impose a minimum portfolio value."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 10000000.0,
          "rate_pct": 0.6
        },
        {
          "min": 10000001.0,
          "max": 20000000.0,
          "rate_pct": 0.4
        },
        {
          "min": 20000001.0,
          "max": 50000000.0,
          "rate_pct": 0.3
        },
        {
          "min": 50000001.0,
          "max": null,
          "rate_pct": 0.15
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The annual rates are as follows: Assets Under Management Annual Rate $0.00 - $10,000,000 0.60% $10,000,001 - $20,000,000 0.40% $20,000,001 - $50,000,000 0.30% Over $50,000,001 0.15%",
      "Westchester does not generally impose a minimum portfolio value."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/the-westchester-group-llc-288959.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 13,
      "fewer_than_5": false,
      "raum": 10322525.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": true,
      "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": true,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 177601115.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 10,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "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/288959",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}