Pathway Financial Advisors provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 251–500 clients last fiscal year.
Pathway Financial Advisors reports 253 clients. They include 200 high-net-worth individuals and 53 individual clients. Of its assets, 100.0% ($1.65B across 1,147 accounts) are managed with discretion. It advised 6 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 21% | 2% |
| High-net-worth individuals | 79% | 86% |
| Pension and profit-sharing plans | Fewer than 5 | 12% |
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) | 53 | $30.8M | 1.9% | $580K |
| High-net-worth individuals | 200 | $1.42B | 86.0% | $7.09M |
| Pension and profit-sharing plans | Fewer than 5 | $200M | 12.1% | — |
| Total | 253 | $1.65B | 100% | — |
- Clients
- 53
- Regulatory AUM
- $30.8M
- AUM share
- 1.9%
- Avg. per client
- $580K
- Clients
- 200
- Regulatory AUM
- $1.42B
- AUM share
- 86.0%
- Avg. per client
- $7.09M
- Clients
- Fewer than 5
- Regulatory AUM
- $200M
- AUM share
- 12.1%
- Avg. per client
- —
Total
- Clients
- 253
- Regulatory AUM
- $1.65B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 6
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Pathway Financial Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting (stand-alone)
- Stand-alone financial planning and consulting are generally $195 to $300 an hour, depending on the service and professional, or a flat fee under an engagement letter.
Scott Beaudin owns 75% or more of Pathway Financial Advisors. The leadership team of Pathway Financial Advisors includes Chief Compliance Officer Scott Beaudin. It has 11 employees, 7 of them in advisory roles.
Staff
- 11 employees
- 7 in advisory functions
- 6 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Pathway Financial Advisors, LLC
Scott Beaudin
Control person · since May 2003
- Owns 10% to 25% of Pathway Financial Advisors, LLC
Jonathan Smith
since January 2024
Pathway Financial Advisors’ regulatory assets grew 2.4× from $683M (March 2021) to $1.65B (July 2026); clients rose from 194 to 253 and employees fell from 12 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $1.65B | 253 | 11 | 2 |
| Mar 2025March 2025 | $895M | 241 | 11 | 2 |
| Mar 2024March 2024 | $783M | 200 | 11 | 2 |
| Mar 2023March 2023 | $656M | 195 | 13 | 2 |
| Mar 2022March 2022 | $767M | 242 | 13 | 2 |
| Mar 2021March 2021 | $683M | 194 | 12 | 2 |
Besides its headquarters, Pathway Financial Advisors has 1 office, with 2 listed addresses across 2 states.
Georgia · 1 listed address
- 2000 Riveredge Parkway, Atlanta
Vermont · 1 listed address
- 725 Community Drive, Suite 402, South BurlingtonHQ
Contact and registration details
- Legal name
- Pathway Financial Advisors, LLC
- Headquarters
- 725 Community Drive, Suite 402, South Burlington, VT 05403
- Website
- pathwayadvisors.com
- Phone
- 802-660-7086
- @15932024
- SEC file
- 801-64598
- Structure
- Vermont LLC
- Fiscal year end
- December
Pathway Financial Advisors’ named custodians for separately managed accounts are Charles Schwab ($979M, 60%), Fidelity ($462M, 28%) and John Hancock Trust ($200M, 12%). Pathway Financial Advisors has custody of $29.4M for 21 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $979M60%
- FidelityNational Financial Services LLC · Boston, MA · $462M28%
- John Hancock TrustJohn Hancock Trust Company LLC · Boston, MA · $200M12%
At year end, Pathway Financial Advisors’ separately managed accounts were mostly in funds (78%) and bonds (16%). Its reported 13F holdings for the quarter ended 30 June 2026 total $857M across 130 positions; the largest are Vanguard Index Fds (13.5%), Vanguard Index Fds (12.0%) and Goldman Sachs ETF TR (10.3%).
What the accounts hold
- Stocks3%
- Funds78%
- Bonds16%
- U.S. government and agency bonds15%
- Investment grade corporate bonds1%
- Cash3%
How many clients does Pathway Financial Advisors have?
Pathway Financial Advisors has 253 clients and manages $1.65 billion for them, as of July 2026. They include 200 high-net-worth individuals and 53 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 July 2026
What services does Pathway Financial Advisors offer?
Pathway Financial Advisors provides financial planning, 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
Which custodians does Pathway Financial Advisors use?
Pathway Financial Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $979M, National Financial Services LLC (Boston, MA), with $462M and John Hancock Trust Company LLC (Boston, MA), with $200M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 July 2026
How many financial advisors does Pathway Financial Advisors have?
Pathway Financial Advisors has 6 investment adviser representatives registered with state securities authorities, out of 11 employees, and 7 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 Pathway Financial Advisors invest in?
At the end of its last fiscal year, Pathway Financial Advisors’ separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 15% U.S. government and agency bonds, 3% exchange-traded equities, 3% cash and equivalents and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pathway Financial Advisors?
Pathway Financial Advisors’ direct owners are Scott Beaudin (75% or more) and Jonathan Smith (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 July 2026
How does Pathway Financial Advisors get paid?
Pathway Financial 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 Pathway Financial Advisors?
Pathway Financial Advisors’ main office is at 725 Community Drive, Suite 402, South Burlington, VT 05403. Its phone number is 802-660-7086. Its website is pathwayadvisors.com.