SGROI WEALTH ADVISORY GROUP LLC

RIASEC RegisteredEst. 2017

Total AUM

$1.4B

Discretionary

$1.4B

100% of AUM

Avg account

$177K

Accounts

7,676

Employees

Advisory reps

Firm details

Headquarters: WEST SENECA, New York
CRD number: 289764
Registered since: November 27, 2017
Website: sgroifinancial.com
Custodians: IPX, FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCWAB
Fee structure: Percentage of AUM
Client types: Individuals79.55%
HNWI20.1%
Pension & Profit Sharing Plans0.26%
Charitable Organizations0.09%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Sgroi Wealth Advisory Group LLC is an independent, SEC-registered registered investment adviser organized as an LLC and registered in 2017. The firm serves both individual and family clients as well as institutional accounts, charging fees based on a percentage of assets under management. Its advisory services center on financial planning and discretionary portfolio management for individuals, small businesses, and business or institutional clients. The firm also maintains a registered representative relationship with a broker-dealer and lists a law firm among its industry affiliations. Sgroi Wealth does not self-identify as an active ESG investor and is not registered as a multi-state adviser. The firm is classified as a non–capital allocator, indicating it primarily places client capital with external managers and pooled vehicles rather than deploying principal capital or acting as a direct principal investor.