Lipe & Dalton,inc. provides portfolio management for individuals and small businesses and portfolio management for institutions.
Lipe & Dalton,inc. reports 382 clients. They include 376 high-net-worth individuals and 6 charitable organizations. Of its assets, 100.0% ($780M across 382 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 98% | 95% |
| Charitable organizations | 2% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 376 | $741M | 95.0% | $1.97M |
| Charitable organizations | 6 | $39M | 5.0% | $6.5M |
| Total | 382 | $780M | 100% | $2.04M |
- Clients
- 376
- Regulatory AUM
- $741M
- AUM share
- 95.0%
- Avg. per client
- $1.97M
- Clients
- 6
- Regulatory AUM
- $39M
- AUM share
- 5.0%
- Avg. per client
- $6.5M
Total
- Clients
- 382
- Regulatory AUM
- $780M
- AUM share
- 100%
- Avg. per client
- $2.04M
- 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
Lipe & Dalton,inc. is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Willard Lipe owns 50% to 75% of Lipe & Dalton,inc.. Willard Lipe is CEO; the leadership team includes President Patrick Dalton. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- Owns 50% to 75% of Lipe & Dalton,inc.
Willard Lipe
Control person · since August 2004
- Owns 50% to 75% of Lipe & Dalton,inc.
Patrick Dalton
Control person · since August 2004
Lipe & Dalton,inc.’s regulatory assets grew from $525M (February 2021) to $780M (February 2026); clients rose from 345 to 382 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $780M | 382 | 2 | 1 |
| Mar 2025March 2025 | $691M | 358 | 2 | 1 |
| Mar 2024March 2024 | $654M | 357 | 2 | 1 |
| Feb 2023February 2023 | $606M | 351 | 2 | 1 |
| Feb 2022February 2022 | $657M | 354 | 2 | 1 |
| Feb 2021February 2021 | $525M | 345 | 2 | 1 |
Besides its headquarters, Lipe & Dalton,inc. has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 103 E. Water Street, Suite 305, SyracuseHQ
Other business names
Lipe & Dalton,inc. has reported 1 other business name to the SEC.
- Www.lipeanddalton.com
Contact and registration details
- Legal name
- Lipe & Dalton,inc.
- Headquarters
- 103 E. Water Street, Suite 305, Syracuse, NY 13202
- Website
- lipeanddalton.com
- Phone
- 315-428-8585
- SEC file
- 801-66472
- Founded
- 2004
- Structure
- New York corporation
- Fiscal year end
- December
Lipe & Dalton,inc. does not have custody of client assets.
At year end, Lipe & Dalton,inc.’s separately managed accounts were mostly in stocks (75%) and bonds (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $215K across 94 positions; the largest are Apple Inc. (8.7%), Alphabet Inc. Cap Stock CL C (8.1%) and Goldman Sachs Group Inc. (6.5%).
What the accounts hold
- Stocks75%
- Bonds24%
- U.S. government and agency bonds23%
- Investment grade corporate bonds1%
- Cash1%
How many clients does Lipe & Dalton,inc. have?
Lipe & Dalton,inc. has 382 clients and manages $780 million for them, as of February 2026. They include 376 high-net-worth individuals and 6 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 February 2026
What services does Lipe & Dalton,inc. offer?
Lipe & Dalton,inc. provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Lipe & Dalton,inc. have?
Lipe & Dalton,inc. has 0 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Lipe & Dalton,inc. invest in?
At the end of its last fiscal year, Lipe & Dalton,inc.’s separately managed accounts held 75% exchange-traded equities, 23% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% 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 Lipe & Dalton,inc.?
Lipe & Dalton,inc.’s direct owners are Willard Lipe (50% to 75%) and Patrick Dalton (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 11 February 2026
How does Lipe & Dalton,inc. get paid?
Lipe & Dalton,inc. is paid through a percentage of assets under management. 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 Lipe & Dalton,inc.?
Lipe & Dalton,inc.’s main office is at 103 E. Water Street, Suite 305, Syracuse, NY 13202. Its phone number is 315-428-8585. Its website is lipeanddalton.com.