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Top 3 financial advisor firms in Utica

3 SEC-registered financial advisor firms are headquartered in Utica, NY, with $3.55B in combined regulatory assets under management. The largest by assets are Strategic Financial Services ($2.81B), Adirondack Financial Services ($462M) and Caruso McLean & Co. ($282M).

3
Financial advisor firms
$3.55B
Their combined AUM
$462M
Median firm AUM
2,110
Clients of the top 3

The 3 largest by assets

  1. 1
    Strategic Financial Services

    RIA

    $2.81B

  2. 2
    Adirondack Financial Services

    RIA

    $462M

  3. 3
    Caruso McLean & Co.

    RIA

    $282M

Profiles of the top 3

No. 1 · RIA

Strategic Financial Services

Strategic Financial Services is an investment adviser based in Utica, NY, registered with the SEC since 1989. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and individual clients. Its regulatory assets under management total $2.81 billion, as filed on 26 March 2026.

Strategic Financial Services charges 0.45%–1.50% for its Wealth Management Services. The brochure does not state whether the rate is annual.

Regulatory AUM
$2.81B
Clients
1,336
Advisory staff
26
Fee schedule
0.45% to 1.50%
Custodians
Charles Schwab
Headquarters
114 Business Park Drive, Utica, NY 13502
Phone
315-724-1776
Website
investstrategic.com

No. 2 · RIA

Adirondack Financial Services

Adirondack Financial Services is an investment adviser based in Utica, NY, registered with the SEC since 2005. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $462 million, as filed on 22 May 2026.

Adirondack Financial Services charges 0.65%–1.00% for its Standard Fee Schedule. The brochure does not state whether the rate is annual.

Regulatory AUM
$462M
Clients
649
Advisory staff
9
Fee schedule
0.65% to 1.00%
Custodians
Pershing
Headquarters
185 Genesee Street, Suite 210, Utica, NY 13501
Phone
315-724-4186
Website
adkfinancialservices.com

No. 3 · RIA

Caruso McLean & Co.

Caruso McLean & Co. is an investment adviser based in Utica, NY, registered with the SEC since 2005. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and corporations and other businesses. Its regulatory assets under management total $282 million, as filed on 18 March 2026.

Caruso McLean & Co. charges 0.75%–1.80% a year for its Asset management services.

Regulatory AUM
$282M
Clients
125
Advisory staff
4
Fee schedule
0.75% to 1.80% a year
Headquarters
130 Lomond Court, Utica, NY 13502
Phone
315-724-5105
Website
carusomclean.com

Questions about financial advisors in Utica

How many financial advisor firms are headquartered in Utica?

3 SEC-registered financial advisor firms report their principal office in Utica, NY, managing $3.55B in regulatory assets between them.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Utica?

Strategic Financial Services, with $2.81B in regulatory assets under management on its latest Form ADV. The next largest are Adirondack Financial Services ($462M) and Caruso McLean & Co. ($282M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Utica?

The median firm manages $462M in regulatory assets. That is the midpoint of the 3 firms headquartered in Utica.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Utica charge?

Of the 3 largest firms, 3 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 1.80% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Utica?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

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