Members Advisory Group provides portfolio management for individuals and small businesses.
Members Advisory Group reports 906 clients. They include 777 individual clients and 129 high-net-worth individuals. Of its assets, 99.4% ($441M across 1,434 accounts) are managed with discretion; $2.51M across 5 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 53% |
| High-net-worth individuals | 14% | 47% |
| 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) | 777 | $234M | 52.7% | $301K |
| High-net-worth individuals | 129 | $209M | 47.2% | $1.62M |
| Corporations and other businesses | Fewer than 5 | $273K | 0.1% | — |
| Total | 906 | $443M | 100% | — |
- Clients
- 777
- Regulatory AUM
- $234M
- AUM share
- 52.7%
- Avg. per client
- $301K
- Clients
- 129
- Regulatory AUM
- $209M
- AUM share
- 47.2%
- Avg. per client
- $1.62M
- Clients
- Fewer than 5
- Regulatory AUM
- $273K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 906
- Regulatory AUM
- $443M
- 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
Members Advisory Group charges 0.75%–1.00% a year for its Wealth Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$100K | 1.00% |
| $100K–$1M | 0.85% |
| $1M and above | 0.75% |
Fee details and sources
Scott Cashmore owns 75% or more of Members Advisory Group. The leadership team of Members Advisory Group includes Chief Compliance Officer Cheryl Fluker. It has 7 employees, 4 of them in advisory roles.
Staff
- 7 employees
- 4 in advisory functions
- 4 state-registered reps
- 1 insurance agent
- Owns 75% or more of Members Advisory Group, LLC
Scott Cashmore
Control person · since March 2024
Members Advisory Group’s regulatory assets grew 1.5× from $288M (March 2021) to $443M (September 2026); clients rose from 802 to 906 and employees from 6 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $443M | 906 | 7 | 6 |
| Mar 2025March 2025 | $405M | 895 | 7 | 6 |
| Mar 2024March 2024 | $349M | 852 | 6 | 6 |
| Jul 2023July 2023 | $313M | 829 | 6 | 6 |
| Jun 2022June 2022 | $340M | 984 | 6 | 5 |
| Mar 2021March 2021 | $288M | 802 | 6 | 5 |
Besides its headquarters, Members Advisory Group has 5 offices, with 6 listed addresses in 1 state.
New York · 6 listed addresses
- 6750 Main Street, WilliamsvilleHQ
- 1075 Davis Road, West Falls
- 135 Old Cove Road, Liverpool
- 26 East 1st Street, Oswego
- 264 East Main Road, Fredonia
- 259 JB Wise Place, Watertown
Contact and registration details
- Legal name
- Members Advisory Group, LLC
- Headquarters
- 6750 Main Street, Williamsville, NY 14221
- Website
- membersadvgrp.com
- Phone
- 716-632-4066
- SEC file
- 801-77362
- Structure
- New York LLC
- Fiscal year end
- December
Members Advisory Group’s named custodian for separately managed accounts is Charles Schwab ($434M). Members Advisory Group does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $434M100%
At year end, Members Advisory Group’s separately managed accounts were mostly in funds (93%).
What the accounts hold
- Stocks2%
- Funds93%
- Cash3%
- Other2%
- Variable annuities2%
How many clients does Members Advisory Group have?
Members Advisory Group has 906 clients and manages $443 million for them, as of September 2026. They include 777 individual clients and 129 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 September 2026
What services does Members Advisory Group offer?
Members Advisory Group provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Members Advisory Group charge?
Members Advisory Group charges 0.75%–1.00% a year for its Wealth Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.
Source: 03 11 2026 MAG FORM ADV PART 2A AND 2B FINAL, filed 11 March 2026
Which custodians does Members Advisory Group use?
Members Advisory Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $434M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 September 2026
How many financial advisors does Members Advisory Group have?
Members Advisory Group has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Members Advisory Group invest in?
At the end of its last fiscal year, Members Advisory Group’s separately managed accounts held 93% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents, 2% exchange-traded equities and 2% other. The 2% other category is described as: Variable Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Members Advisory Group?
Members Advisory Group’s direct owner is Scott Cashmore (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 September 2026
How does Members Advisory Group get paid?
Members Advisory Group 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 Members Advisory Group?
Members Advisory Group’s main office is at 6750 Main Street, Williamsville, NY 14221. Its phone number is 716-632-4066. Its website is membersadvgrp.com.