Sgroi Wealth Advisory Group provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 5,500 clients last fiscal year.
Sgroi Wealth Advisory Group reports 7,676 clients. They include 7,478 individual clients, 169 high-net-worth individuals, and 23 pension and profit-sharing plans. Of its assets, 100.0% ($1.36B across 7,676 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 97% | 80% |
| High-net-worth individuals | 2% | 20% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 7,478 | $1.08B | 79.6% | $144K |
| High-net-worth individuals | 169 | $273M | 20.1% | $1.61M |
| Pension and profit-sharing plans | 23 | $3.5M | 0.3% | $152K |
| Charitable organizations | 6 | $1.26M | 0.1% | $209K |
| Total | 7,676 | $1.36B | 100% | $177K |
- Clients
- 7,478
- Regulatory AUM
- $1.08B
- AUM share
- 79.6%
- Avg. per client
- $144K
- Clients
- 169
- Regulatory AUM
- $273M
- AUM share
- 20.1%
- Avg. per client
- $1.61M
- Clients
- 23
- Regulatory AUM
- $3.5M
- AUM share
- 0.3%
- Avg. per client
- $152K
- Clients
- 6
- Regulatory AUM
- $1.26M
- AUM share
- 0.1%
- Avg. per client
- $209K
Total
- Clients
- 7,676
- Regulatory AUM
- $1.36B
- AUM share
- 100%
- Avg. per client
- $177K
- 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
- 5500
Sgroi Wealth Advisory Group 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. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Consulting Services
- Consulting is billed hourly at $250 per hour in fifteen-minute increments, or as a fixed fee set in the agreement, and may be negotiable or waived.
Lawley Sgroi Georgetown LLC owns 75% or more of Sgroi Wealth Advisory Group and is in turn owned by Lawley Service Incorporated (25–50%) and Lawley PPC Investor LLC (25–50%). The leadership team of Sgroi Wealth Advisory Group includes President John Clouden. It has 27 employees, 14 of them in advisory roles.
Leadership
- John CloudenChief Compliance Officer and Senior Vice President
- Patrick SgroiPresident
Investment adviser representatives
11 representatives listed in the SEC register as of 9 October 2026.
- Brian Michael Clouden
- John Gerald Clouden
- Jeffrey Loren Haxton
- Paul Kirsten Hutchings
- Jennifer Lynn Jurek
- Matthew McAnulty
- Summer Melody McKellar
- Shawn Patrick McLaughlin
- Vincent John Scarsella
- Patrick Joseph Sgroi
- Sandra Jean Turchiarelli
Staff
- 27 employees
- 14 in advisory functions
- 13 state-registered reps
- 13 broker-dealer reps
- 18 insurance agents
- Owns 75% or more of Sgroi Wealth Advisory Group LLC
Lawley Sgroi Georgetown LLC
Control person · since October 2024
- Owns 25% to 50% of Lawley Sgroi Georgetown LLC
Lawley Service Incorporated
Control person · since October 2024
- Owns 25% to 50% of Lawley Sgroi Georgetown LLC
Lawley PPC Investor LLC
Control person · since October 2024
Sgroi Wealth Advisory Group’s regulatory assets grew 2.4× from $563M (March 2021) to $1.36B (February 2026); clients rose from 2,089 to 7,676 and employees from 25 to 27.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $1.36B | 7,676 | 27 | 2 |
| April 2025 | $1.08B | 3,822 | 27 | 1 |
| March 2024 | $939M | 5,256 | 25 | 1 |
| March 2023 | $692M | 3,749 | 22 | 1 |
| March 2022 | $707M | 2,089 | 22 | 1 |
| March 2021 | $563M | 2,089 | 25 | 1 |
Besides its headquarters, Sgroi Wealth Advisory Group has 1 office, with 2 listed addresses in New York.
New York · 2 listed addresses
- 965 Union Road, West SenecaHQ
- 5350 Main Street, Williamsville
Contact and registration details
- Legal name
- Sgroi Wealth Advisory Group LLC
- Headquarters
- 965 Union Road, West Seneca, NY 14224
- Website
- sgroilawley.com
- Phone
- 716-674-6700
- SEC file
- 801-112067
- Structure
- New York LLC
- Fiscal year end
- December
Sgroi Wealth Advisory Group uses PCS Retirement ($61.4M, 100%), Fidelity ($0, 0%) and Charles Schwab ($0, 0%) as custodians for its separately managed accounts. Sgroi Wealth Advisory Group does not have custody of client assets.
- PCS RetirementPCS Retirement · Centennial, CO · $61.4M100%
At year end, Sgroi Wealth Advisory Group’s separately managed accounts were mostly in funds (50%) and stocks (40%).
What the accounts hold
- Stocks40%
- Funds50%
- Bonds5%
- State and local bonds2%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- High-yield corporate bonds1%
- Cash5%
How many clients does Sgroi Wealth Advisory Group have?
Sgroi Wealth Advisory Group has 7,676 clients and manages $1.36 billion for them, as of February 2026. They include 7,478 individual clients, 169 high-net-worth individuals, and 23 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 February 2026
What services does Sgroi Wealth Advisory Group offer?
Sgroi Wealth Advisory Group 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 Sgroi Wealth Advisory Group use?
Sgroi Wealth Advisory Group’s separately managed account assets are held at PCS Retirement (Centennial, CO), with $61.4M. The filing also lists Fidelity Brokerage Services LLC and Charles Schwab with no separately managed account assets.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 February 2026
How many financial advisors does Sgroi Wealth Advisory Group have?
Sgroi Wealth Advisory Group has 13 investment adviser representatives registered with state securities authorities, out of 27 employees, and 14 perform investment advisory functions. 13 employees are registered representatives of a broker-dealer and 18 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 Sgroi Wealth Advisory Group invest in?
At the end of its last fiscal year, Sgroi Wealth Advisory Group’s separately managed accounts held 50% registered funds (mutual funds, ETFs, BDCs), 40% exchange-traded equities, 5% cash and equivalents, 2% state and local bonds, 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% high-yield 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 Sgroi Wealth Advisory Group?
Sgroi Wealth Advisory Group is owned through a holding company by Lawley Service Incorporated and Lawley PPC Investor LLC. Its direct owner is Lawley Sgroi Georgetown LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 2 February 2026
How does Sgroi Wealth Advisory Group get paid?
Sgroi Wealth 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 Sgroi Wealth Advisory Group?
Sgroi Wealth Advisory Group’s main office is at 965 Union Road, West Seneca, NY 14224. Its phone number is 716-674-6700. Its website is sgroilawley.com.