Wealth manager, public-company owned · Albany, NY
PKS Advisory Services, LLC
SEC-registered investment adviser · CRD 125648 · SEC 801-62147
At a glance
PKS Advisory Services, LLC is an SEC-registered investment adviser based in Albany, New York, with $1.1B in regulatory assets under management as of its Form ADV filed July 29, 2026. It reports 4,874 individual clients, 178 of them high-net-worth, holding an average of about $0.2 million each, and 45 employees. That ranks it 1006th among the nation’s 5,657 independent wealth management RIAs and 76th of 408 in New York. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 518-426-5791LinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,006 of 5,657
- Rank among all SEC RIAs
- #5,101 of 17,210
- Rank in New York
- #76 of 408
- Individual clients
- 4,874
- High-net-worth clients
- 178
- Accounts
- 4,892
- Discretionary
- 95% of AUM
- Employees
- 45
- Advisory staff
- 36
- Offices
- 25
Owners and executives on its Form ADV
- Pamela S. YoungPresident and Chief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
PKS Advisory Services, LLC is a hybrid RIA: 43 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Cabot Lodge Securities LLC, PKS Securities, Inc., Purshe Kaplan Sterling Investments, Inc. and World Equity Group, Inc..
- Cabot Lodge Securities LLC ↗CRD 159712
An introducing broker-dealer: its trades clear through RBC Capital Markets and Raymond James, which hold the brokerage accounts. Its annual audited report filed with the SEC, March 2026
- PKS Securities, Inc. ↗CRD 101600
- Purshe Kaplan Sterling Investments, Inc. ↗CRD 35747
An introducing broker-dealer: its trades clear through National Financial Services (Fidelity), which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
- World Equity Group, Inc. ↗CRD 29087
Its Form ADV brochure (filed June 2026) names Purshe Kaplan Sterling Investments and Cabot Lodge Securities as the broker-dealer its advisers are registered with.
Under this arrangement, clients may implement securities transactions through certain of PKSA’s Supervised Persons in their respective individual capacities as registered representatives of PKS (the “Brokerage Relationship”).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 4,696 | $753M | 69% |
| High-net-worth individuals | 178 | $326M | 30% |
| Corporations or other businesses | 18 | $14M | 1% |
Disciplinary disclosures
PKS Advisory Services, 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
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗
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The full record on PKS Advisory Services, 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, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,319 peers of its type and size
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- Owners and executives, with titles and stakes
- 1 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 |
|---|---|---|
| Kelleher Financial Advisors, LLCNew York | $1.2B | 279 |
| EllevestNew York | $1.1B | 471 |
| Overbrook Management CorporationNew York | $1.1B | 105 |
| King Wealth Management Group, LLCSaratoga Springs | $1.1B | 708 |
| Armbruster Capital Management, Inc.Pittsford | $1.1B | 462 |
| Matauro, LLCNew York | $1.0B | 876 |
Background
Questions
How much does PKS Advisory Services, LLC manage?
PKS Advisory Services, LLC reports $1.1B in regulatory assets under management across 4,892 accounts, 95% of it on a discretionary basis, on its Form ADV filed July 29, 2026.
How many clients does PKS Advisory Services, LLC have?
It reports 4,874 individual clients: 178 high-net-worth individuals and 4,696 other individuals. Individuals account for about 99% of its regulatory assets.
Where is PKS Advisory Services, LLC headquartered?
Its main office is in Albany, New York. It reports 25 offices in total and 45 employees, 36 of whom perform investment advisory functions.
How does PKS Advisory Services, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does PKS Advisory Services, LLC use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed July 29, 2026, it reports these amounts held: Fidelity ($988M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is PKS Advisory Services, LLC a hybrid RIA with a broker-dealer?
PKS Advisory Services, LLC is a hybrid RIA: 43 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Cabot Lodge Securities LLC, PKS Securities, Inc., Purshe Kaplan Sterling Investments, Inc. and World Equity Group, Inc.. Cabot Lodge Securities LLC clears through RBC Capital Markets and Raymond James, according to its annual report filed with the SEC. Purshe Kaplan Sterling Investments, Inc. clears through National Financial Services (Fidelity), according to its annual report filed with the SEC. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is PKS Advisory Services, LLC a fiduciary?
As an SEC-registered investment adviser, PKS Advisory Services, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 43 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is PKS Advisory Services, 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 (2026-07-29), 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 →