# WNY Asset Management, LLC

> WNY Asset Management, LLC is an SEC-registered investment advisory firm in Williamsville, NY, registered since 2010, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 153872
- Filed as: WNY ASSET MANAGEMENT, LLC
- Also doing business as: SPECTRUM WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Williamsville, NY
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/153872
- AdvisorCensus page: https://advisorcensus.com/firm/wny-asset-management-llc-williamsville-ny-153872

## Quick answers

**How is WNY Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), WNY Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is WNY Asset Management, LLC located?**
WNY Asset Management, LLC's principal office is in Williamsville, NY, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is WNY Asset Management, LLC registered with the SEC or a state?**
WNY Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153872.

**How much does WNY Asset Management, LLC manage?**
WNY Asset Management, LLC reports $1,729,468,767 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (100% discretionary).

**How have WNY Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for WNY Asset Management, LLC: Regulatory assets under management: $947,628,274 in the October 2021 data and $1,729,468,767 in the October 2026 data, up 83%. Total employees: 26 in October 2021 and 35 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does WNY Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,851); high net worth individuals (383); corporations or other businesses not listed above (17).

**Which custodians does WNY Asset Management, LLC use?**
WNY Asset Management, LLC's 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 WNY Asset Management, LLC 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/153872

**Does WNY Asset Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 19, 2026 says: "The Registrant does not generally require an annual minimum fee or minimum asset level." "The Registrant’s clients shall generally include individuals, business entities, trusts, pension and profit sharing plans, estates and charitable organizations. The Registrant does not generally require an annual minimum fee or minimum asset level."

**What changed in WNY Asset Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,450,691,313 to $1,729,468,767 (+19%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 19, 2026)

- Account minimum: None

> The Registrant does not generally require an annual minimum fee or minimum asset level.

> The Registrant’s clients shall generally include individuals, business entities, trusts, pension and profit sharing plans, estates and charitable organizations. The Registrant does not generally require an annual minimum fee or minimum asset level.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,729,468,767
- Discretionary: $1,729,468,767
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,851 | $855,507,545 |
| High net worth individuals | 383 | $845,180,963 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 9 | $14,209,746 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 17 | $14,570,513 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Educational seminars/workshops

### Firm details
- Registered since: 2010 (16 years)
- Employees: 35 total, 18 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, DE, FL, GA, IL, LA, MA, MD, MI, NC, NH, NJ, NV, NY, OH, PA, SC, TN, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Amherst, NY
- Orchard Park, NY

### Websites listed on Form ADV (Item 1.I)
- cpafinancialnetwork.com
- wnyasset.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $947,628,274 | 26 | September 9, 2021 |
| October 2022 | $1,202,102,032 | 32 | June 15, 2022 |
| October 2023 | $1,106,305,725 | 31 | September 12, 2023 |
| October 2024 | $1,297,442,303 | 39 | May 20, 2024 |
| October 2025 | $1,450,691,313 | 39 | July 14, 2025 |
| October 2026 | $1,729,468,767 | 35 | March 19, 2026 |

Regulatory assets under management: $947,628,274 in the October 2021 data and $1,729,468,767 in the October 2026 data, up 83%.
Total employees: 26 in October 2021 and 35 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,450,691,313 to $1,729,468,767 (+19%).

### December 2025
- Registered or notice-filed in WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. WNY Asset Management, LLC (CRD 153872): Form ADV filing data as of October 2026.