{"url":"https://nivawealth.com/firms/pelkonen-and-associates-305933","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/305933","regulatoryAum":293299775,"crd":"305933","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2068332","suffix":null,"lastName":"PELKONEN","firstName":"ALLAN","middleName":"MICHAEL"},{"crd":"8119756","suffix":null,"lastName":"Perrone","firstName":"Anthony","middleName":"Stephen"},{"crd":"6441458","suffix":null,"lastName":"REDDINGTON","firstName":"JOSEPH","middleName":"JOHN"}],"total":3,"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":"2021-03-03","regulatoryAum":176071230,"clients":210,"employees":3,"offices":1},{"filedOn":"2022-01-31","regulatoryAum":193724640,"clients":200,"employees":3,"offices":1},{"filedOn":"2023-03-01","regulatoryAum":169484698,"clients":227,"employees":3,"offices":1},{"filedOn":"2024-03-13","regulatoryAum":212796495,"clients":304,"employees":3,"offices":1},{"filedOn":"2025-02-18","regulatoryAum":253099311,"clients":267,"employees":3,"offices":1},{"filedOn":"2026-03-13","regulatoryAum":293299775,"clients":317,"employees":4,"offices":1}],"secFileNumber":"801-118271","legalName":"Pelkonen and Associates LLC","displayName":"Pelkonen and Associates","slug":"pelkonen-and-associates-305933","website":"https://ampwealthcare.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2020","organization":"New York limited liability company","fiscalYearEnd":"December","headquarters":{"street":"425 Broadhollow Road, Suite 112","city":"Melville","state":"NY","stateName":"New York","country":"United States","postalCode":"11747"},"tradeNames":[],"registration":{"secApproved":"23 March 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":925235.8832807571,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":293299775,"discretionary":278660568,"discretionaryAccounts":792,"nonDiscretionary":14639207,"nonDiscretionaryAccounts":114,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":186,"regulatoryAum":12758540},{"label":"High-net-worth individuals","clients":131,"regulatoryAum":280541235}],"feePrograms":[{"role":"other","program":"Financial Planning Services","summary":"Financial planning is offered on an ongoing basis or for a fixed fee, with fixed or annual fees ranging from $3,000 to $22,500, negotiable and billable quarterly.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018574","versionId":1018574,"submittedOn":"2026-03-13","documentName":"PELKONEN DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENT"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T10:47:45.462779+00:00","documents":[{"name":"PELKONEN DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENT","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018574","versionId":1018574,"submittedOn":"2026-03-13"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":293299775}],"custodyNote":"Pelkonen and Associates has custody of $118M for 266 clients.","otherCustodians":[],"leadership":[{"name":"Allan Pelkonen","title":"Managing Member, Principal; and Chief Compliance Officer","crd":"2068332"}],"ownership":[{"label":"Allan Pelkonen","detail":"Managing member, principal; and chief compliance officer in the 75% or more ownership band and a control person, since February 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"425 Broadhollow Road, Suite 112","city":"Melville","headquarters":true}]}],"brochureServices":["education planning","insurance"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"631-396-1032","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":15},{"label":"Non-exchange-traded equity securities","percent":3},{"label":"U.S. government/agency bonds","percent":2},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":72},{"label":"Cash and cash equivalents","percent":6},{"label":"Other","percent":1,"detail":"Variable Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"13 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/305933/PDF/305933.pdf","brochureDate":"13 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018574","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 Pelkonen and Associates have?","answer":"Pelkonen and Associates has 317 clients and manages $293 million for them, as of March 2026. They include 186 individual clients and 131 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 13 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Pelkonen and Associates offer?","answer":"Pelkonen and Associates provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, and insurance.","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":"Which custodians does Pelkonen and Associates use?","answer":"Pelkonen and Associates’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $293M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Pelkonen and Associates have?","answer":"Pelkonen and Associates has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Pelkonen and Associates invest in?","answer":"At the end of its last fiscal year, Pelkonen and Associates’ separately managed accounts held 72% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities, 6% cash and equivalents, 3% non-exchange-traded equities, 2% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% other. The 1% 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Pelkonen and Associates?","answer":"Pelkonen and Associates’ direct owner is Allan Pelkonen (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 13 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Pelkonen and Associates get paid?","answer":"Pelkonen and Associates is paid through a percentage of assets under management 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 Pelkonen and Associates?","answer":"Pelkonen and Associates’ main office is at 425 Broadhollow Road, Suite 112, Melville, NY 11747. Its phone number is 631-396-1032. Its website is ampwealthcare.com.","source":"Form ADV Part 1A, Item 1.F, filed 13 March 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."}