Wealth manager, independent · Pittsford, NY
High Probability Advisors, LLC
SEC-registered investment adviser · CRD 289541 · SEC 801-111913
At a glance
High Probability Advisors, LLC is an SEC-registered investment adviser based in Pittsford, New York, with $1.0B in regulatory assets under management as of its Form ADV filed May 19, 2026. It reports 344 individual clients, 152 of them high-net-worth, holding an average of about $2.6 million each, and 16 employees. That ranks it 1059th among the nation’s 5,657 independent wealth management RIAs and 80th of 408 in New York. It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, American Trust Custody and Fidelity Distributors Company.
Main office 585-485-0135highprobabilityadvisors.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,059 of 5,657
- Rank among all SEC RIAs
- #5,247 of 17,210
- Rank in New York
- #80 of 408
- Individual clients
- 344
- High-net-worth clients
- 152
- Accounts
- 860
- Discretionary
- 96% of AUM
- Employees
- 16
- Advisory staff
- 13
- Offices
- 4
Owners and executives on its Form ADV
- Stephen J. CarlChief Executive Officer, Managing Member
- Michael E. JonesChief Investment Officer
- Jeffrey S. CoonsChief Compliance Officer
Custody and brokerage
3 custodians
- Charles Schwab$798M76%
- American Trust Custody$140M13%
- Fidelity Distributors Company$105M10%
Broker-dealer
No broker-dealer ties
High Probability Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 152 | $808M | 77% |
| Pension and profit sharing plans | 45 | $146M | 14% |
| Individuals | 192 | $77M | 7% |
| Charitable organizations | 9 | $15M | 1% |
Disciplinary disclosures
High Probability Advisors, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗highprobabilityadvisors.com ↗
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The full record on High Probability Advisors, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 8 years of filings
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- Growth over one, three and five years
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- Rank against 3,423 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in New York
All of New York →| Firm | Regulatory AUM | Clients |
|---|---|---|
| King Wealth Management Group, LLCSaratoga Springs | $1.1B | 708 |
| Armbruster Capital Management, Inc.Pittsford | $1.1B | 462 |
| Matauro, LLCNew York | $1.0B | 876 |
| Sterling Investment Counsel, LLCBuffalo | $1.0B | 853 |
| J.w.burns & Company, Inc.Dewitt | $1.0B | 572 |
Background
Questions
How much does High Probability Advisors, LLC manage?
High Probability Advisors, LLC reports $1.0B in regulatory assets under management across 860 accounts, 96% of it on a discretionary basis, on its Form ADV filed May 19, 2026.
How many clients does High Probability Advisors, LLC have?
It reports 344 individual clients: 152 high-net-worth individuals and 192 other individuals. Individuals account for about 85% of its regulatory assets.
Where is High Probability Advisors, LLC headquartered?
Its main office is in Pittsford, New York. It reports 4 offices in total and 16 employees, 13 of whom perform investment advisory functions.
How does High Probability Advisors, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does High Probability Advisors, LLC use?
It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, American Trust Custody and Fidelity Distributors Company. On Schedule D of its Form ADV filed May 19, 2026, it reports these amounts held: Charles Schwab ($798M); American Trust Custody ($140M); Fidelity Distributors Company ($105M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is High Probability Advisors, LLC a hybrid RIA with a broker-dealer?
High Probability Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is High Probability Advisors, LLC a fiduciary?
As an SEC-registered investment adviser, High Probability Advisors, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is High Probability Advisors, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-19), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →