Broadway Advisor Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Broadway Advisor Group reports 321 clients. They include 244 individual clients, 71 high-net-worth individuals, and 5 pension and profit-sharing plans. Of its assets, 94.8% ($204M across 316 accounts) are managed with discretion; $11.2M across 5 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 31% |
| High-net-worth individuals | 22% | 64% |
| Pension and profit-sharing plans | 2% | 5% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 244 | $65.6M | 30.5% | $269K |
| High-net-worth individuals | 71 | $137M | 63.9% | $1.93M |
| Pension and profit-sharing plans | 5 | $11.2M | 5.2% | $2.24M |
| Corporations and other businesses | Fewer than 5 | $937K | 0.4% | $937K |
| Total | 321 | $215M | 100% | — |
- Clients
- 244
- Regulatory AUM
- $65.6M
- AUM share
- 30.5%
- Avg. per client
- $269K
- Clients
- 71
- Regulatory AUM
- $137M
- AUM share
- 63.9%
- Avg. per client
- $1.93M
- Clients
- 5
- Regulatory AUM
- $11.2M
- AUM share
- 5.2%
- Avg. per client
- $2.24M
- Clients
- Fewer than 5
- Regulatory AUM
- $937K
- AUM share
- 0.4%
- Avg. per client
- $937K
Total
- Clients
- 321
- Regulatory AUM
- $215M
- 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
- 51–100
Broadway Advisor Group charges 0.75%–1.50% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Negotiated fixed fee between $350 and $2,000, or a negotiated hourly fee between $150 and $500.
- Pension Consulting Services
- Asset fee on plan assets from 0.75% under $1,000,000 down to 0.10% at $10,000,000 and up, or a fixed fee of $1,000 to $25,000; generally negotiable.
Jason Sgroi owns 75% or more of Broadway Advisor Group. The leadership team of Broadway Advisor Group includes Chief Compliance Officer Jason Sgroi. It has 4 employees, 3 of them in advisory roles.
Leadership
Jason SgroiManaging Member and Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Broadway Advisor Group
Jason Sgroi
Control person · since October 2022
Broadway Advisor Group’s regulatory assets grew 3.3× from $65.1M (April 2023) to $215M (March 2026); clients rose from 157 to 321 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $215M | 321 | 4 | 1 |
| Jun 2025June 2025 | $167M | 256 | 5 | 1 |
| Apr 2024April 2024 | $91.9M | 221 | 4 | 1 |
| Apr 2023April 2023 | $65.1M | 157 | 4 | 1 |
Besides its headquarters, Broadway Advisor Group has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 368 Broadway, First Floor, AlbanyHQ
Contact and registration details
- Legal name
- Broadway Advisor Group
- Headquarters
- 368 Broadway, First Floor, Albany, NY 12207
- Website
- broadwayadvisorgroup.com
- Phone
- 518-477-3626
- SEC file
- 801-127086
- Structure
- New York LLC
- Fiscal year end
- December
Broadway Advisor Group’s named custodians for separately managed accounts are Interactive Brokers ($107M, 55%) and Fidelity ($86.1M, 45%). Broadway Advisor Group does not have custody of client assets.
- Interactive BrokersInteractive Brokers LLC · Greenwich, CT · $107M55%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $86.1M45%
At year end, Broadway Advisor Group’s separately managed accounts were mostly in funds (58%) and stocks (33%).
What the accounts hold
- Stocks33%
- Funds58%
- Registered funds55%
- Pooled vehicles3%
- Bonds7%
- U.S. government and agency bonds3%
- State and local bonds2%
- Investment grade corporate bonds2%
- Cash4%
How many clients does Broadway Advisor Group have?
Broadway Advisor Group has 321 clients and manages $215 million for them, as of March 2026. They include 244 individual clients, 71 high-net-worth individuals, and 5 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Broadway Advisor Group offer?
Broadway Advisor Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Broadway Advisor Group charge?
Broadway Advisor Group charges 0.75%–1.50% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable.
Source: FORM ADV PART 2A - BROADWAY ADVISOR GROUP, filed 31 March 2026
Which custodians does Broadway Advisor Group use?
Broadway Advisor Group’s separately managed account assets are held at Interactive Brokers LLC (Greenwich, CT), with $107M and Fidelity Brokerage Services LLC (Smithfield, RI), with $86.1M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Broadway Advisor Group have?
Broadway Advisor Group has 3 investment adviser representatives registered with state securities authorities, out of 4 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 Broadway Advisor Group invest in?
At the end of its last fiscal year, Broadway Advisor Group’s separately managed accounts held 55% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities, 4% cash and equivalents, 3% U.S. government and agency bonds, 3% pooled vehicles (private funds and similar), 2% state and local bonds and 2% 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
Who owns Broadway Advisor Group?
Broadway Advisor Group’s direct owner is Jason Sgroi (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Broadway Advisor Group get paid?
Broadway Advisor Group is paid through a percentage of assets under management, hourly charges 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 Broadway Advisor Group?
Broadway Advisor Group’s main office is at 368 Broadway, First Floor, Albany, NY 12207. Its phone number is 518-477-3626. Its website is broadwayadvisorgroup.com.