{"url":"https://nivawealth.com/firms/albanyadvisor-group-316226","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/316226","regulatoryAum":302795621,"crd":"316226","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2853423","suffix":null,"lastName":"AGEL","firstName":"MARC","middleName":"ALLEN"},{"crd":"5418354","suffix":null,"lastName":"CARRILLO","firstName":"MICHAEL","middleName":"JOSEPH"},{"crd":"4210326","suffix":null,"lastName":"HART","firstName":"SUSAN","middleName":"BETHANY"},{"crd":"4210566","suffix":null,"lastName":"LURIE","firstName":"MICHAEL","middleName":"SETH"},{"crd":"5240690","suffix":null,"lastName":"MURPHY","firstName":"LORI","middleName":"GLUCK"}],"total":5,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-07-18","regulatoryAum":138878526,"clients":202,"employees":5,"offices":1},{"filedOn":"2023-06-22","regulatoryAum":172685345,"clients":257,"employees":5,"offices":1},{"filedOn":"2024-05-02","regulatoryAum":212315423,"clients":289,"employees":7,"offices":3},{"filedOn":"2025-02-06","regulatoryAum":270450487,"clients":425,"employees":7,"offices":3},{"filedOn":"2026-02-09","regulatoryAum":302795621,"clients":412,"employees":6,"offices":2}],"secFileNumber":"801-122496","legalName":"Albanyadvisor 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Agel","detail":"Founding partner in the 25% to 50% ownership band and a control person, since August 2021."},{"label":"Susan Hart","detail":"Founding partner in the 10% to 25% ownership band and a control person, since August 2021."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"New York","offices":2,"addresses":[{"street":"20 Corporate Woods BLVD.., Suite 400","city":"Albany","headquarters":true},{"street":"292 Washington Avenue Extension","city":"Albany"}]}],"brochureServices":["education planning","estate planning","insurance"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"518-689-3577","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":11},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":82},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"9 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/316226/PDF/316226.pdf","brochureDate":"9 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007500","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does AlbanyAdvisor Group have?","answer":"AlbanyAdvisor Group has 412 clients and manages $303 million for them, as of February 2026. They include 339 individual clients, 70 high-net-worth individuals and 3 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 9 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does AlbanyAdvisor Group offer?","answer":"AlbanyAdvisor Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, and insurance.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does AlbanyAdvisor Group charge?","answer":"AlbanyAdvisor Group charges 0.50%–1.50% a year for its Investment Management Services. The fee is billed in arrears and is negotiable.","source":"AAG DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS, filed 9 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does AlbanyAdvisor Group use?","answer":"AlbanyAdvisor Group’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $256M and Charles Schwab & Co., Inc. (Westlake, TX), with $46.8M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does AlbanyAdvisor Group have?","answer":"AlbanyAdvisor Group has 5 investment adviser representatives registered with state securities authorities, out of 6 employees, and 6 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does AlbanyAdvisor Group invest in?","answer":"At the end of its last fiscal year, AlbanyAdvisor Group’s separately managed accounts held 82% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities, 5% cash and equivalents, 1% state and local bonds and 1% investment grade corporate bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns AlbanyAdvisor Group?","answer":"AlbanyAdvisor Group’s direct owners are Lori Murphy, Marc Agel and Susan Hart, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 9 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does AlbanyAdvisor Group get paid?","answer":"AlbanyAdvisor Group is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact AlbanyAdvisor Group?","answer":"AlbanyAdvisor Group’s main office is at 20 Corporate Woods BLVD.., Suite 400, Albany, NY 12211-2396. Its phone number is 518-689-3577. Its website is albanyadvisor.com.","source":"Form ADV Part 1A, Item 1.F, filed 9 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}