Glasgow & Associates provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Glasgow & Associates reports 228 clients. They include 159 individual clients and 69 high-net-worth individuals. Of its assets, 100.0% ($206M across 564 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 24% |
| High-net-worth individuals | 30% | 75% |
| Charitable organizations | Fewer than 5 | <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) | 159 | $50.2M | 24.3% | $315K |
| High-net-worth individuals | 69 | $156M | 75.4% | $2.26M |
| Charitable organizations | Fewer than 5 | $708K | 0.3% | — |
| Corporations and other businesses | Fewer than 5 | $11 | 0.0% | — |
| Total | 228 | $206M | 100% | — |
- Clients
- 159
- Regulatory AUM
- $50.2M
- AUM share
- 24.3%
- Avg. per client
- $315K
- Clients
- 69
- Regulatory AUM
- $156M
- AUM share
- 75.4%
- Avg. per client
- $2.26M
- Clients
- Fewer than 5
- Regulatory AUM
- $708K
- AUM share
- 0.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $11
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 228
- Regulatory AUM
- $206M
- 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
- 1–10
Glasgow & Associates charges up to 1.50% a year for its Investment management services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is billed as a flat fee of $1,500 to $10,000, or hourly at a rate not to exceed $250 per hour, quoted in advance.
Allen Burton owns 75% or more of Glasgow & Associates. The leadership team of Glasgow & Associates includes Chief Compliance Officer John Parker. It has 9 employees, 7 of them in advisory roles.
Leadership
John ParkerChief Compliance Officer
Allen BurtonFounder and CIO
Bryce EdmisterSecretary
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
Staff
- 9 employees
- 7 in advisory functions
- 7 state-registered reps
- 4 insurance agents
- 1 soliciting firm
- Owns 75% or more of Glasgow & Associates, LLC
Allen Burton
Control person · since July 2022
- Owns 5% to 10% of Glasgow & Associates, LLC
Bryce Edmister
since March 2026
Glasgow & Associates’ regulatory assets grew from $156M (June 2025) to $206M (July 2026); clients rose from 206 to 228 and employees from 8 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $206M | 228 | 9 | 5 |
| Jun 2025June 2025 | $156M | 206 | 8 | 5 |
Besides its headquarters, Glasgow & Associates has 4 offices (1 private residence, listed without an address), with 4 listed addresses across 3 states.
California · 2 listed addresses
- 2450 Colorado Avenue, Santa Monica
- 41877 Enterprise Cir. N, Temecula
North Carolina · 1 listed address
- 5815 Oleander Drive, Suite 260, WilmingtonHQ
South Carolina · 1 listed address
- 1000 2nd Ave S, North Myrtle Beach
Other business names
Glasgow & Associates has reported 3 other business names to the SEC.
- Glasgow Asset Management
- Masonboro Advisors
- Y.e.s - Yield Enhancement Strategy
Contact and registration details
- Legal name
- Glasgow & Associates, LLC
- Headquarters
- 5815 Oleander Drive, Suite 260, Wilmington, NC 28403
- Website
- masonboroadvisors.com
- Phone
- 910-742-0509
- @masonboro-advisors
- SEC file
- 801-133988
- Founded
- 2007
- Structure
- North Carolina LLC
- Fiscal year end
- December
Glasgow & Associates’ named custodians for separately managed accounts are Charles Schwab ($109M, 55%) and Fidelity ($87.6M, 45%). Glasgow & Associates has custody of $45.7M for 48 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $87.6M45%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $109M55%
At year end, Glasgow & Associates’ separately managed accounts were mostly in stocks (52%) and bonds (34%).
What the accounts hold
- Stocks52%
- Funds11%
- Bonds34%
- Investment grade corporate bonds23%
- U.S. government and agency bonds11%
- Cash3%
How many clients does Glasgow & Associates have?
Glasgow & Associates has 228 clients and manages $206 million for them, as of July 2026. They include 159 individual clients and 69 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 8 July 2026
What services does Glasgow & Associates offer?
Glasgow & Associates provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, 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 Glasgow & Associates charge?
Glasgow & Associates charges up to 1.50% a year for its Investment management services. The fee is billed in advance and is negotiable.
Source: ADV PART 2A, filed 8 July 2026
Which custodians does Glasgow & Associates use?
Glasgow & Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $109M and Fidelity Brokerage Services LLC (Smithfield, RI), with $87.6M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 July 2026
How many financial advisors does Glasgow & Associates have?
Glasgow & Associates has 7 investment adviser representatives registered with state securities authorities, out of 9 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 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 Glasgow & Associates invest in?
At the end of its last fiscal year, Glasgow & Associates’ separately managed accounts held 52% exchange-traded equities, 23% investment grade corporate bonds, 11% U.S. government and agency bonds, 11% registered funds (mutual funds, ETFs, BDCs) and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Glasgow & Associates?
Glasgow & Associates’ direct owners are Allen Burton (75% or more) and Bryce Edmister (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 8 July 2026
How does Glasgow & Associates get paid?
Glasgow & Associates 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 Glasgow & Associates?
Glasgow & Associates’ main office is at 5815 Oleander Drive, Suite 260, Wilmington, NC 28403. Its phone number is 910-742-0509. Its website is masonboroadvisors.com.