Fingerlakes Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Fingerlakes Wealth Management reports 592 clients. They include 477 individual clients, 87 high-net-worth individuals, and 19 pension and profit-sharing plans. Of its assets, 100.0% ($285M across 1,328 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 81% | 39% |
| High-net-worth individuals | 15% | 58% |
| Pension and profit-sharing plans | 3% | 3% |
| Charitable organizations | 2% | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
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) | 477 | $111M | 38.8% | $232K |
| High-net-worth individuals | 87 | $165M | 57.9% | $1.9M |
| Pension and profit-sharing plans | 19 | $7.26M | 2.5% | $382K |
| Charitable organizations | 9 | $1.56M | 0.5% | $173K |
| Corporations and other businesses | Fewer than 5 | $670K | 0.2% | — |
| Total | 592 | $285M | 100% | — |
- Clients
- 477
- Regulatory AUM
- $111M
- AUM share
- 38.8%
- Avg. per client
- $232K
- Clients
- 87
- Regulatory AUM
- $165M
- AUM share
- 57.9%
- Avg. per client
- $1.9M
- Clients
- 19
- Regulatory AUM
- $7.26M
- AUM share
- 2.5%
- Avg. per client
- $382K
- Clients
- 9
- Regulatory AUM
- $1.56M
- AUM share
- 0.5%
- Avg. per client
- $173K
- Clients
- Fewer than 5
- Regulatory AUM
- $670K
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 592
- Regulatory AUM
- $285M
- 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
- 0
Fingerlakes Wealth Management charges 0.50%–1.00% for its Comprehensive Portfolio Management. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial consulting services
- Financial planning and consulting are billed hourly at $250 per hour, which may be negotiable, with a retainer of 50% of the estimated fee.
- Pension consulting
- Pension consulting for plan sponsors is a flat fee generally ranging from $750 to $10,000, charged annually for ongoing services, or a percentage of assets.
Susan McCormick owns 75% or more of Fingerlakes Wealth Management. Susan McCormick is CEO; the leadership team includes Chief Compliance Officer Marshall McCormick. It has 4 employees.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- 2 broker-dealer reps
- 2 insurance agents
- Owns 75% or more of Fingerlakes Wealth Management, Inc.
Susan McCormick
Control person · since April 2009
Fingerlakes Wealth Management’s regulatory assets grew 2.1× from $133M (July 2021) to $285M (April 2026); clients rose from 389 to 592 and employees from 3 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $285M | 592 | 4 | 1 |
| Mar 2025March 2025 | $232M | 567 | 3 | 1 |
| Feb 2024February 2024 | $185M | 498 | 3 | 1 |
| Mar 2023March 2023 | $148M | 480 | 3 | 1 |
| Feb 2022February 2022 | $172M | 413 | 3 | 1 |
| Jul 2021July 2021 | $133M | 389 | 3 | 1 |
Besides its headquarters, Fingerlakes Wealth Management has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 450 North Aurora Street, IthacaHQ
Contact and registration details
- Legal name
- Fingerlakes Wealth Management, Inc.
- Headquarters
- 450 North Aurora Street, Ithaca, NY 14850
- Website
- fingerlakeswm.com
- Phone
- 607-257-1008
- @fingerlakes-wealth-management
- SEC file
- 801-69987
- Structure
- New York corporation
- Fiscal year end
- December
Fingerlakes Wealth Management’s named custodians for separately managed accounts are Charles Schwab ($244M, 87%) and Tiaa-Cref Individual & Institutional Services ($36.1M, 13%). Fingerlakes Wealth Management has custody of $86.4M for 215 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Omaha, NE · $244M87%
- Tiaa-Cref Individual & Institutional ServicesTiaa-Cref Individual & Institutional Services, LLC · New York, NY · $36.1M13%
At year end, Fingerlakes Wealth Management’s separately managed accounts were mostly in funds (72%) and stocks (20%). Its reported 13F holdings for the quarter ended 30 June 2026 total $186M across 101 positions; the largest are Vanguard World FD (6.9%), Invesco Qqq TR (5.4%) and Vanguard World FD (5.4%).
What the accounts hold
- Stocks20%
- Funds72%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash5%
How many clients does Fingerlakes Wealth Management have?
Fingerlakes Wealth Management has 592 clients and manages $285 million for them, as of April 2026. They include 477 individual clients, 87 high-net-worth individuals, and 19 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 April 2026
What services does Fingerlakes Wealth Management offer?
Fingerlakes Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, 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 Fingerlakes Wealth Management charge?
Fingerlakes Wealth Management charges 0.50%–1.00% for its Comprehensive Portfolio Management. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Which custodians does Fingerlakes Wealth Management use?
Fingerlakes Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Omaha, NE), with $244M and Tiaa-Cref Individual & Institutional Services, LLC (New York, NY), with $36.1M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 April 2026
How many financial advisors does Fingerlakes Wealth Management have?
Fingerlakes Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 2 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
What does Fingerlakes Wealth Management invest in?
At the end of its last fiscal year, Fingerlakes Wealth Management’s separately managed accounts held 72% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 5% cash and equivalents, 1% U.S. government and agency bonds, 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
Who owns Fingerlakes Wealth Management?
Fingerlakes Wealth Management’s direct owner is Susan McCormick (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 April 2026
How does Fingerlakes Wealth Management get paid?
Fingerlakes Wealth Management 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 Fingerlakes Wealth Management?
Fingerlakes Wealth Management’s main office is at 450 North Aurora Street, Ithaca, NY 14850. Its phone number is 607-257-1008. Its website is fingerlakeswm.com.