{ "crd_number": 341449, "slug": "upstate-advisers-inc-pittsford-ny-341449", "primary_business_name": "UPSTATE ADVISERS INC", "legal_name": "UPSTATE ADVISERS INC.", "dbas": [], "city": "Pittsford", "state": "NY", "country": "United States", "cbsa_code": "40380", "metro": { "cbsa_code": "40380", "common_name": "Rochester", "msa_name": "Rochester, NY", "path": "/advisors/ny/rochester" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2026-04-21", "years_registered": 0, "period": "2026-10-01", "filing_date": "2026-07-21", "carried_forward": false, "raum_total": 34053630.0, "raum_discretionary": 15743630.0, "raum_non_discretionary": 18310000.0, "raum_band": "25m_100m", "raum_band_label": "$25 million to $100 million", "total_employees": 1, "advisory_employees": 1, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 4353324.0, "count": 7 }, "pension_profit_sharing": { "raum": 18310000.0, "count": 8 }, "high_net_worth_individuals": { "raum": 11390306.0, "count": 6 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NY" ], "websites": [ "https://linkedin.com/company/upstate-advisers-inc?viewAsMember=true", "https://upstateadvisers.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/341449", "city_as_filed": "PITTSFORD", "url": "https://advisorcensus.com/firm/upstate-advisers-inc-pittsford-ny-341449", "display_name": "Upstate Advisers Inc", "summary": "Upstate Advisers Inc is an SEC-registered investment advisory firm in Pittsford, NY, registered since 2026, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated July 21, 2026.", "citation": "AdvisorCensus. Upstate Advisers Inc (CRD 341449): 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": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Upstate Advisers Inc compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Upstate Advisers Inc reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Upstate Advisers Inc located?", "a": "Upstate Advisers Inc's principal office is in Pittsford, NY, according to its Form ADV." }, { "q": "Is Upstate Advisers Inc registered with the SEC or a state?", "a": "Upstate Advisers Inc is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 341449." }, { "q": "How much does Upstate Advisers Inc manage?", "a": "Upstate Advisers Inc reports $34,053,630 in regulatory assets under management in its Form ADV filing dated July 21, 2026 (46% discretionary)." }, { "q": "What types of clients does Upstate Advisers Inc serve?", "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (8); individuals (other than high net worth individuals) (7); high net worth individuals (6)." }, { "q": "Which custodians does Upstate Advisers Inc use?", "a": "Upstate Advisers Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists ADP Retirement Services, Charles Schwab & Co., Inc. and Vanguard Retirement Services as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Upstate Advisers Inc 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/341449" }, { "q": "What changed in Upstate Advisers Inc's recent Form ADV filings?", "a": "In the May 2026 filing data: Newly registered with the SEC. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [], "recent_changes": [ { "period": "2026-05-01", "period_label": "May 2026", "notes": [ "Newly registered with the SEC.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "ADP Retirement Services", "name_as_filed": "ADP RETIREMENT SERVICES", "affiliated": false }, { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Vanguard Retirement Services", "name_as_filed": "VANGUARD RETIREMENT SERVICES", "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/upstate-advisers-inc-pittsford-ny-341449.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 7, "fewer_than_5": false, "raum": 4353324.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 6, "fewer_than_5": false, "raum": 11390306.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 8, "fewer_than_5": false, "raum": 18310000.0 } ], "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/341449", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }