Aufman Associates provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, family office services, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Aufman Associates reports 245 clients. They include 166 high-net-worth individuals and 79 individual clients. Of its assets, 100.0% ($972M across 249 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 32% | 4% |
| High-net-worth individuals | 68% | 95% |
| Banking or thrift institutions | Fewer than 5 | 0% |
| Pension and profit-sharing plans | Fewer than 5 | 0% |
| Charitable organizations | Fewer than 5 | 1% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | Not reported | 0% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 79 | $38.8M | 4.0% | $491K |
| High-net-worth individuals | 166 | $922M | 94.9% | $5.55M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $11.1M | 1.1% | — |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $0 | 0.0% | — |
| Total | 245 | $972M | 100% | — |
- Clients
- 79
- Regulatory AUM
- $38.8M
- AUM share
- 4.0%
- Avg. per client
- $491K
- Clients
- 166
- Regulatory AUM
- $922M
- AUM share
- 94.9%
- Avg. per client
- $5.55M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $11.1M
- AUM share
- 1.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 245
- Regulatory AUM
- $972M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Aufman Associates charges 0.27%–1.125% a year for its Financial Management Services. Each asset band is charged at its own rate. The fee has a $6,000 annual minimum.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.125% |
| $1M–$2M | 0.85% |
| $2M–$5M | 0.58% |
| $5M–$8M | 0.28% |
| $8M and above | 0.27% |
Fee details and sources
William Gaffey owns 25% to 50% of Aufman Associates. The leadership team of Aufman Associates includes President Edward Aufman and Chief Compliance Officer William Gaffey. It has 7 employees, 3 of them in advisory roles.
Leadership
- Edward AufmanPresident
- William GaffeyVice President/Chief Compliance Officer
- Edward AufmanChairman
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 7 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 25% to 50% of Aufman Associates Inc
William Gaffey
Control person · since January 2014
- Owns 10% to 25% of Aufman Associates Inc
Edward Aufman
Control person · since January 2014
Aufman Associates’ regulatory assets grew from $764M (March 2021) to $972M (March 2026); clients rose from 215 to 245 and employees from 6 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $972M | 245 | 7 | 1 |
| March 2025 | $863M | 245 | 7 | 1 |
| March 2024 | $808M | 237 | 7 | 1 |
| March 2023 | $716M | 237 | 7 | 1 |
| March 2022 | $876M | 238 | 7 | 1 |
| March 2021 | $764M | 215 | 6 | 1 |
Besides its headquarters, Aufman Associates has 0 offices, with 1 listed address in Pennsylvania.
Pennsylvania · 1 listed address
- 2200 Georgetown Drive, Suite 401, SewickleyHQ
Contact and registration details
- Legal name
- Aufman Associates Inc
- Headquarters
- 2200 Georgetown Drive, Suite 401, Sewickley, PA 15143
- Website
- aufmanassociates.com
- Phone
- 724-934-5600
- SEC file
- 801-19122
- Founded
- 1983
- Structure
- Pennsylvania corporation
- Fiscal year end
- December
Aufman Associates uses Charles Schwab ($925M) as custodian for its separately managed accounts. Aufman Associates has custody of $590M in client assets for 202 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $925M100%
At year end, Aufman Associates’ separately managed accounts were mostly in funds (79%) and stocks (17%). Its reported 13F holdings for the quarter ended 30 June 2026 total $251M across 67 positions; the largest are Seagate Technology Holdings (19.5%), Vanguard Small-cap Index ETF (17.0%) and Vanguard S&P 500 Index ETF (16.3%).
What the accounts hold
- Stocks17%
- Funds79%
- Cash3%
- Other1%
- Variable annuities and stable value funds.1%
Reported 13F holdings
- $251M
- Reported 13F value
- 67
- Positions
- 85.7%
- In the 10 largest
- +23.1%
- Value vs. prior quarter
- Seagate Technology Holdings19.5%
- Vanguard Small-cap Index ETFETF17.0%
- Vanguard S&P 500 Index ETFETF16.3%
- Vanguard Developed Markets Index ETFETF14.0%
- Schwab Fundamental US Large Company Index ETFETF8.7%
- Vanguard Mid-cap Growth Index ETFETF3.0%
- iShares Core S&P 500 Index ETFETF2.3%
- Moderna1.8%
- Vanguard FTSE All-world Ex US Index ETFETF1.7%
- Alphabet CL C1.4%
Together, the ten largest are 85.7% of reported value.
How many clients does Aufman Associates have?
Aufman Associates has 245 clients and manages $972 million for them, as of March 2026. They include 166 high-net-worth individuals and 79 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Aufman Associates offer?
Aufman Associates provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, family office services, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Aufman Associates charge?
Aufman Associates charges 0.27%–1.125% a year for its Financial Management Services. Each asset band is charged at its own rate. The fee has a $6,000 annual minimum.
Source: AUFMAN ASSOCIATES INC. BROCHURE, filed 30 March 2026
Which custodians does Aufman Associates use?
Aufman Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $925M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Aufman Associates have?
Aufman Associates has 3 investment adviser representatives registered with state securities authorities, out of 7 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Aufman Associates invest in?
At the end of its last fiscal year, Aufman Associates’ separately managed accounts held 79% registered funds (mutual funds, ETFs, BDCs), 17% exchange-traded equities, 3% cash and equivalents and 1% other. The 1% other category is described as: Variable Annuities and Stable Value Funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Aufman Associates?
Aufman Associates’ direct owners are Edward Aufman and William Gaffey, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Aufman Associates get paid?
Aufman Associates 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
How do I contact Aufman Associates?
Aufman Associates’ main office is at 2200 Georgetown Drive, Suite 401, Sewickley, PA 15143. Its phone number is 724-934-5600. Its website is aufmanassociates.com.