{
  "crd_number": 306083,
  "slug": "western-new-york-financial-group-llc-buffalo-ny-306083",
  "primary_business_name": "WESTERN NEW YORK FINANCIAL GROUP, LLC",
  "legal_name": "WESTERN NEW YORK FINANCIAL GROUP, LLC",
  "dbas": [],
  "city": "Buffalo",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "15380",
  "metro": {
    "cbsa_code": "15380",
    "common_name": "Buffalo",
    "msa_name": "Buffalo-Cheektowaga, NY",
    "path": "/advisors/ny/buffalo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-11-21",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 84133024.0,
  "raum_discretionary": 58782238.0,
  "raum_non_discretionary": 25350786.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 58289742.0,
      "count": 199
    },
    "banking_thrift": {
      "raum": 492496.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 25350786.0,
      "count": 6
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [
    "https://facebook.com/61571010591659",
    "https://linkedin.com/in/marknarby",
    "https://linkedin.com/in/michaelaquino",
    "https://wnyfg.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/306083",
  "city_as_filed": "BUFFALO",
  "url": "https://advisorcensus.com/firm/western-new-york-financial-group-llc-buffalo-ny-306083",
  "display_name": "Western New York Financial Group, LLC",
  "summary": "Western New York Financial Group, LLC is an SEC-registered investment advisory firm in Buffalo, NY, registered since 2019, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Western New York Financial Group, LLC (CRD 306083): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Western New York Financial Group, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Western New York Financial Group, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Western New York Financial Group, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Flat fee: $1,500 to $5,000 (Comprehensive services); Hourly rate: $200 an hour (Consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Western New York Financial Group, LLC located?",
      "a": "Western New York Financial Group, LLC's principal office is in Buffalo, NY, according to its Form ADV."
    },
    {
      "q": "Is Western New York Financial Group, LLC registered with the SEC or a state?",
      "a": "Western New York Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 306083."
    },
    {
      "q": "How much does Western New York Financial Group, LLC manage?",
      "a": "Western New York Financial Group, LLC reports $84,133,024 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (70% discretionary)."
    },
    {
      "q": "How have Western New York Financial Group, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Western New York Financial Group, LLC: Regulatory assets under management: $64,807,724 in the October 2021 data and $84,133,024 in the October 2026 data, up 30%. 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 Western New York Financial Group, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (199); pension and profit sharing plans (but not the plan participants or government pension plans) (6); banking or thrift institutions (1)."
    },
    {
      "q": "Which custodians does Western New York Financial Group, LLC use?",
      "a": "Western New York Financial Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Western New York Financial Group, 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/306083"
    },
    {
      "q": "Does Western New York Financial Group, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 says: \"We require a minimum account size of $500,000 which may be waivable at our discretion.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 64807724.0,
      "total_employees": 2,
      "filing_date": "2021-04-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 72691522.0,
      "total_employees": 2,
      "filing_date": "2022-09-19"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 65347706.0,
      "total_employees": 2,
      "filing_date": "2023-03-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 73666167.0,
      "total_employees": 2,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 80572019.0,
      "total_employees": 2,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 84133024.0,
      "total_employees": 2,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $1,500 to $5,000 (Comprehensive services)",
      "Hourly rate: $200 an hour (Consulting services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "We require a minimum account size of $500,000 which may be waivable at our discretion."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,500 to $5,000 (Comprehensive services)"
        ],
        "quotes": [
          "Comprehensive services are offered on a fixed fee basis . The fixed fee ranges from $1,500 to $5,000."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $200 an hour (Consulting services)"
        ],
        "quotes": [
          "Consulting services are provided at an hourly rate of $200."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 1500.0,
          "max": 5000.0,
          "period": "one_time",
          "service": "Comprehensive services"
        },
        {
          "kind": "hourly",
          "amount": 200.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Consulting services"
        }
      ]
    },
    "quotes": [
      "We require a minimum account size of $500,000 which may be waivable at our discretion.",
      "Comprehensive services are offered on a fixed fee basis . The fixed fee ranges from $1,500 to $5,000.",
      "Consulting services are provided at an hourly rate of $200."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "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/western-new-york-financial-group-llc-buffalo-ny-306083.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 199,
      "fewer_than_5": false,
      "raum": 58289742.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 1,
      "fewer_than_5": true,
      "raum": 492496.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 25350786.0
    }
  ],
  "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/306083",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}