Note Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, estate planning, and tax preparation. Financial planning was provided to 101–250 clients last fiscal year.
Note Advisors reports 542 clients. They include 465 individual clients, 53 high-net-worth individuals, and 24 pension and profit-sharing plans. Of its assets, 99.9% ($437M across 1,170 accounts) are managed with discretion; $358K across 13 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 40% |
| High-net-worth individuals | 10% | 44% |
| Pension and profit-sharing plans | 4% | 17% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 465 | $173M | 39.7% | $373K |
| High-net-worth individuals | 53 | $191M | 43.7% | $3.6M |
| Pension and profit-sharing plans | 24 | $72.5M | 16.6% | $3.02M |
| Total | 542 | $437M | 100% | $806K |
- Clients
- 465
- Regulatory AUM
- $173M
- AUM share
- 39.7%
- Avg. per client
- $373K
- Clients
- 53
- Regulatory AUM
- $191M
- AUM share
- 43.7%
- Avg. per client
- $3.6M
- Clients
- 24
- Regulatory AUM
- $72.5M
- AUM share
- 16.6%
- Avg. per client
- $3.02M
Total
- Clients
- 542
- Regulatory AUM
- $437M
- AUM share
- 100%
- Avg. per client
- $806K
- 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
- 101–250
Note Advisors charges 0.50%–2.00% a year for its Asset Management. The fee is billed in advance, is negotiable and requires an account of at least $500,000. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Consulting
- Hourly rates range from $150 to $350; fixed fees typically range from $500 to $5,000.
- Financial Planning and Wealth Coaching
- Hourly rates range from $150 to $350; fixed fees typically range from $2,500 to $50,000.
- Tax Preparation
- Hourly rates range from $150 to $350; fixed fees typically range from $500 to $5,000.
Ssao1210, LLC owns 75% or more of Note Advisors and is in turn owned by Shawn Glogowski (75% or more). It has 11 employees, 6 of them in advisory roles.
Leadership
- Shawn GlogowskiPrincipal/CCO
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 11 employees
- 6 in advisory functions
- 5 state-registered reps
- 2 insurance agents
- 1 soliciting firm
- Owns 75% or more of Note Advisors, LLC
Ssao1210, LLC
Control person · since June 2023
- Owns 75% or more of Ssao1210, LLC
Shawn Glogowski
Control person · since June 2023
Note Advisors’ regulatory assets grew 3.1× from $143M (March 2021) to $437M (March 2026); clients rose from 374 to 542 and employees from 6 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $437M | 542 | 11 | 1 |
| March 2025 | $382M | 512 | 9 | 1 |
| March 2024 | $292M | 456 | 8 | 1 |
| March 2023 | $199M | 395 | 8 | 1 |
| March 2022 | $197M | 385 | 8 | 1 |
| March 2021 | $143M | 374 | 6 | 1 |
Besides its headquarters, Note Advisors has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 50 Lakefront BLVD, Suite 215, BuffaloHQ
Contact and registration details
- Legal name
- Note Advisors, LLC
- Headquarters
- 50 Lakefront BLVD, Suite 215, Buffalo, NY 14202
- Website
- noteadvisor.com
- Phone
- 716-256-1682
- @noteadvisorsllc
- SEC file
- 801-79807
- Founded
- 2014
- Structure
- New York LLC
- Fiscal year end
- December
Note Advisors uses Charles Schwab ($364M) as custodian for its separately managed accounts. Note Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $364M100%
At year end, Note Advisors’ separately managed accounts were mostly in funds (67%) and cash (17%). Its reported 13F holdings for the quarter ended 30 June 2026 total $231M across 86 positions; the largest are Dimensional ETF Trust (23.8%), Dimensional ETF Trust (10.6%) and Dimensional ETF Trust (8.3%).
What the accounts hold
- Stocks6%
- Funds67%
- Bonds10%
- Cash17%
Reported 13F holdings
- $231M
- Reported 13F value
- 86
- Positions
- 65.2%
- In the 10 largest
- +15.2%
- Value vs. prior quarter
- Dimensional ETF Trust · US Core EQT Mkt23.8%
- Dimensional ETF Trust · Core Fixe IN ETF10.6%
- Dimensional ETF Trust · Intl Core EQT MK8.3%
- Dimensional ETF Trust · US Cor Equ 2 ETF4.9%
- Vanguard BD Index Fds · Total Bnd Mrkt4.0%
- Dimensional ETF Trust · Emgr Cre EQT Mng3.3%
- Vanguard Scottsdale Fds · Vng Rus1000idx3.1%
- Vanguard Index Fds · Real Estate ETF2.6%
- iShares TR · New York Mun ETF2.4%
- Vanguard Whitehall Fds · Intl High ETF2.3%
Together, the ten largest are 65.2% of reported value.
How many clients does Note Advisors have?
Note Advisors has 542 clients and manages $437 million for them, as of March 2026. They include 465 individual clients, 53 high-net-worth individuals, and 24 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Note Advisors offer?
Note Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, estate planning, and tax preparation.
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 Note Advisors charge?
Note Advisors charges 0.50%–2.00% a year for its Asset Management. The fee is billed in advance, is negotiable and requires an account of at least $500,000.
Which custodians does Note Advisors use?
Note Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $364M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Note Advisors have?
Note Advisors has 5 investment adviser representatives registered with state securities authorities, out of 11 employees, and 6 perform investment advisory functions. 0 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 Note Advisors invest in?
At the end of its last fiscal year, Note Advisors’ separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 17% cash and equivalents, 10% state and local bonds and 6% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Note Advisors have a minimum investment?
Yes, Note Advisors’ minimum account size for its Asset Management is $500K.
Who owns Note Advisors?
Note Advisors is owned through a holding company by Shawn Glogowski. Its direct owner is Ssao1210, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Note Advisors get paid?
Note Advisors 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 Note Advisors?
Note Advisors’ main office is at 50 Lakefront BLVD, Suite 215, Buffalo, NY 14202. Its phone number is 716-256-1682. Its website is noteadvisor.com.