Adirondack Financial Services Corp

Registered investment adviser · Utica, NY · CRD #126155

Form ADV data as of 2026-09-01

Regulatory assets

$461.8 million

Total accounts

851

Employees

Disclosure events

Firm details

Website: https://www.facebook.com/adirondackfinancialservices
Telephone: 315-724-4186
SEC file number: 801-64779
Most recent Form ADV filing: 2026-05-22
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 2 disclosure questions answered Yes, covering 2 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC imposed a civil money penalty or a cease-and-desist order

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$417.0 million
Non-discretionary regulatory assets under management	$44.8 million
Total regulatory assets under management	$461.8 million
Discretionary accounts	845
Non-discretionary accounts	6
Total accounts	851
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	16
Employees performing investment advisory functions (including research)	9
Employees who are registered representatives of a broker-dealer	5
Employees registered as investment adviser representatives with a state	2
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	7
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPension consulting services

Other business activities

Registered representative of a broker-dealerInsurance broker or agent

Affiliated related persons

Banking or thrift institutionInsurance company or agency

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Recommends brokers or dealers to clients
Provides employee compensation specifically for obtaining clients

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	459	$81.5 million
High net worth individuals	137	$272.4 million
Pension and profit sharing plans (not the participants or government plans)	4	$44.6 million
Charitable organizations	29	$44.6 million
Insurance companies	1	$5.2 million
Corporations or other businesses not listed above	19	$13.4 million