{"url":"https://nivawealth.com/firms/glasgow-and-associates-145151","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/145151","regulatoryAum":206479807,"crd":"145151","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4639107","suffix":null,"lastName":"BURTON","firstName":"ALLEN","middleName":"RYAN"},{"crd":"7155447","suffix":null,"lastName":"Burton","firstName":"Todd","middleName":"Jarrett"},{"crd":"7200853","suffix":null,"lastName":"Edmister","firstName":"Bryce","middleName":null},{"crd":"4066459","suffix":null,"lastName":"GLASGOW","firstName":"JOHN","middleName":"MICHAEL"},{"crd":"7530487","suffix":null,"lastName":"MATHERON","firstName":"JANET","middleName":"LYNN"},{"crd":"7745825","suffix":null,"lastName":"Rogers","firstName":"Cort","middleName":"Carlton"},{"crd":"7867632","suffix":null,"lastName":"Ruthling","firstName":"Logan","middleName":"Cameron"}],"total":7,"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":"2025-06-26","regulatoryAum":155941918,"clients":206,"employees":8,"offices":5},{"filedOn":"2026-07-08","regulatoryAum":206479807,"clients":228,"employees":9,"offices":5}],"secFileNumber":"801-133988","legalName":"Glasgow & Associates, LLC","displayName":"Glasgow & Associates","slug":"glasgow-and-associates-145151","website":"https://masonboroadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"http://linkedin.com/company/masonboro-advisors","xUrl":"http://twitter.com/masonboroFP","founded":"2007","organization":"North Carolina limited liability company","fiscalYearEnd":"December","headquarters":{"street":"5815 Oleander Drive, Suite 260","city":"Wilmington","state":"NC","stateName":"North Carolina","country":"United States","postalCode":"28403"},"tradeNames":["Glasgow Asset Management","Masonboro Advisors","Y.e.s - Yield Enhancement Strategy"],"registration":{"secApproved":"28 July 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":902507.3640350878,"staff":{"employees":9,"advisory":7,"brokerDealerReps":0,"insuranceAgents":4,"promoters":1},"aum":{"regulatory":206479807,"discretionary":206479807,"discretionaryAccounts":564,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":159,"regulatoryAum":50162363},{"label":"High-net-worth individuals","clients":69,"regulatoryAum":155609316},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":708117},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":11}],"feePrograms":[{"role":"main","program":"Investment management services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051080","versionId":1051080,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-07-08","documentName":"ADV PART 2A","fee_rate_low":null,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051080","versionId":1051080,"submittedOn":"2026-07-08","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:38:18.180667+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051080","versionId":1051080,"submittedOn":"2026-07-08"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":87637070},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":108832419}],"custodyNote":"Glasgow & Associates has custody of $45.7M in client assets for 48 clients.","otherCustodians":[],"leadership":[{"name":"John Parker","title":"Chief Compliance Officer","crd":"7441570"},{"name":"Allen Burton","title":"Founder and CIO","crd":"4639107"},{"name":"Bryce Edmister","title":"Secretary","crd":"7200853"}],"ownership":[{"label":"Allen Burton","detail":"Founder and cio in the 75% or more ownership band and a control person, since July 2022."},{"label":"Bryce Edmister","detail":"Secretary in the 5% to 10% ownership band, since March 2026."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":1},"listedOfficeAddresses":4,"foreignOffices":[],"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"2450 Colorado Avenue","city":"Santa Monica"},{"street":"41877 Enterprise Cir. N","city":"Temecula"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"5815 Oleander Drive, Suite 260","city":"Wilmington","headquarters":true}]},{"state":"South Carolina","offices":1,"addresses":[{"street":"1000 2nd Ave S","city":"North Myrtle Beach"}]}],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"910-742-0509","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":52},{"label":"U.S. government/agency bonds","percent":11},{"label":"Investment grade corporate bonds","percent":23},{"label":"Securities issued by registered investment companies or business development companies","percent":11},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"8 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/145151/PDF/145151.pdf","brochureDate":"8 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051080","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Glasgow & Associates have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Glasgow & Associates offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Glasgow & Associates charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Glasgow & Associates use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Glasgow & Associates have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Glasgow & Associates invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Glasgow & Associates?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Glasgow & Associates get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Glasgow & Associates?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 8 July 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."}