{"url":"https://nivawealth.com/firms/chelsea-advisory-services-150791","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/150791","regulatoryAum":147350970,"crd":"150791","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5344227","suffix":null,"lastName":"Allgood","firstName":"Randi","middleName":null},{"crd":"1006294","suffix":null,"lastName":"Balog","firstName":"Paul","middleName":"Michael"},{"crd":"1427534","suffix":null,"lastName":"Bresky","firstName":"Scott","middleName":"Martin"},{"crd":"7085736","suffix":null,"lastName":"CILENTO","firstName":"ANDREW","middleName":"JAMES"},{"crd":"7394365","suffix":null,"lastName":"CILENTO","firstName":"MATTHEW","middleName":"FRANCIS"},{"crd":"2636691","suffix":null,"lastName":"FRANCO","firstName":"JON","middleName":"PAUL"},{"crd":"6511241","suffix":null,"lastName":"Golob","firstName":"Saralynn","middleName":"Deer"},{"crd":"2497329","suffix":null,"lastName":"GRAUMANN","firstName":"DOUG","middleName":"SCOTT"},{"crd":"4932962","suffix":null,"lastName":"IARROBINO","firstName":"NICHOLAS","middleName":"WILLIAM"},{"crd":"2089102","suffix":null,"lastName":"KALENDEK","firstName":"JOHN","middleName":"J"},{"crd":"1084019","suffix":null,"lastName":"Keir","firstName":"Sandra","middleName":"OHehir"},{"crd":"5618662","suffix":null,"lastName":"Keller","firstName":"Ryan","middleName":"Christopher"},{"crd":"2228764","suffix":null,"lastName":"LAMB","firstName":"DAVID","middleName":"RUSSELL"},{"crd":"2993804","suffix":null,"lastName":"LOPEZ","firstName":"ODALIS","middleName":"MERCEDES"},{"crd":"2486592","suffix":null,"lastName":"LUCE","firstName":"RUSSELL","middleName":"GEORGE"},{"crd":"4147862","suffix":null,"lastName":"MCNEILL","firstName":"TONY","middleName":"EARL"},{"crd":"2435804","suffix":null,"lastName":"Medlin","firstName":"David","middleName":"Andrew"},{"crd":"4030383","suffix":null,"lastName":"Melchiorri","firstName":"Steven","middleName":"Mario"},{"crd":"5101861","suffix":null,"lastName":"NUGENT","firstName":"MATTHEW","middleName":"ROBERT"},{"crd":"354430","suffix":"JR","lastName":"OVERCASH","firstName":"DANIEL","middleName":"RAY"},{"crd":"3262884","suffix":null,"lastName":"PAGOVICH","firstName":"ORI","middleName":"WILLIAM"},{"crd":"7825077","suffix":null,"lastName":"Palermo","firstName":"Joseph","middleName":null},{"crd":"5518350","suffix":null,"lastName":"PALERMO","firstName":"ROSEANN","middleName":null},{"crd":"2336216","suffix":null,"lastName":"PISAPIA","firstName":"JOHN","middleName":"THOMAS"},{"crd":"2453748","suffix":null,"lastName":"SEBOLD","firstName":"STEPHEN","middleName":"RAPHAEL"},{"crd":"2816275","suffix":null,"lastName":"Steed","firstName":"Wesley","middleName":"Andrew"},{"crd":"6603230","suffix":null,"lastName":"Stephenson","firstName":"James","middleName":null},{"crd":"2643658","suffix":null,"lastName":"STEWART","firstName":"RICHARD","middleName":"BRIAN"},{"crd":"4641925","suffix":null,"lastName":"VANDERLINDEN","firstName":"SCOTT","middleName":null},{"crd":"2476447","suffix":null,"lastName":"VETRANO","firstName":"CHRISTOPHER","middleName":null},{"crd":"1161335","suffix":null,"lastName":"WILLIS","firstName":"BARON","middleName":"THOMAS"}],"total":31,"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":"2021-07-29","regulatoryAum":73788975,"clients":321,"employees":14,"offices":9},{"filedOn":"2022-07-19","regulatoryAum":94039247,"clients":379,"employees":18,"offices":16},{"filedOn":"2023-03-08","regulatoryAum":89453437,"clients":463,"employees":19,"offices":19},{"filedOn":"2024-04-04","regulatoryAum":101001903,"clients":445,"employees":19,"offices":19},{"filedOn":"2025-02-18","regulatoryAum":126883334,"clients":538,"employees":22,"offices":22},{"filedOn":"2026-08-18","regulatoryAum":147350970,"clients":552,"employees":30,"offices":22}],"secFileNumber":"801-112349","legalName":"Chelsea 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They include 506 individual clients and 46 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 18 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Chelsea Advisory Services offer?","answer":"Chelsea Advisory Services provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Chelsea Advisory Services charge?","answer":"Chelsea Advisory Services charges up to 2.00% a year for its Account Management. The fee is billed in arrears and is negotiable.","source":"CHELSEA ADVISORY ADV 2A - FEBRUARY 2026, filed 18 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Chelsea Advisory Services use?","answer":"Chelsea Advisory Services’ separately managed account assets are held at Hilltop Securities Inc. (Dallas, TX), with $138M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Chelsea Advisory Services have?","answer":"Chelsea Advisory Services has 25 investment adviser representatives registered with state securities authorities, out of 30 employees, and 25 perform investment advisory functions. 25 employees are registered representatives of a broker-dealer and 29 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 Chelsea Advisory Services invest in?","answer":"At the end of its last fiscal year, Chelsea Advisory Services’ separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs) and 31% exchange-traded equities.","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 Chelsea Advisory Services?","answer":"Chelsea Advisory Services’ direct owner is John Pisapia (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 18 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Chelsea Advisory Services get paid?","answer":"Chelsea Advisory Services 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Chelsea Advisory Services?","answer":"Chelsea Advisory Services’ main office is at 242 Main Street, Staten Island, NY 10307. Its phone number is 718-967-8400. Its website is chfs.com.","source":"Form ADV Part 1A, Item 1.F, filed 18 August 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."}