Asset manager · Shelton, CT
Procyon
Procyon Advisors, LLC · SEC-registered investment adviser · CRD 288239 · SEC 801-110493
At a glance
Procyon is an SEC-registered investment adviser based in Shelton, Connecticut, with $9.2 billion in regulatory assets under management as of its Form ADV filed September 29, 2026. Its largest client group by assets is pension and profit sharing plans, and it reports 2,775 individual clients. By Form ADV it is a asset manager, ranked 539th of 3,218 asset managers and 1,449th of 17,210 SEC-registered advisers by assets.
Main office 475-232-2704procyon.netLinkedInAs filed on Form ADV
- Regulatory AUM
- $9.2B
- Rank among asset managers
- #539 of 3,218
- Rank among all SEC RIAs
- #1,449 of 17,210
- Rank in Connecticut
- #60 of 507
- Individual clients
- 2,775
- High-net-worth clients
- 691
- Accounts
- 8,716
- Discretionary
- 39% of AUM
- Employees
- 76
- Advisory staff
- 49
- Offices
- 24
Owners and executives on its Form ADV
- Phil G. FioreExecutive Managing Member and Chief Executive Officer
- Christopher E. FosterPresident
- Jeffrey H. FarrarExecutive Managing Member and Chief Operating Officer
- Todd J. SmallwoodChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Procyon is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed September 2026) names Purshe Kaplan Sterling Investments as the broker-dealer its advisers are registered with.
Certain Advisory Persons may also be registered representatives of Purshe Kaplan Sterling Investments (“PKS”).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 156 | $4.9B | 53% |
| High-net-worth individuals | 691 | $2.8B | 31% |
| Individuals | 2,084 | $574M | 6% |
| State or municipal government entities | 12 | $479M | 5% |
| Corporations or other businesses | 103 | $351M | 4% |
| Pooled investment vehicles | 2 | $43M | <1% |
Private funds
Procyon reports 2 private funds with $43M in gross assets: hedge funds, private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
Procyon answers yes to 3 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗procyon.net ↗Procyon news and profile →
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The full record on Procyon
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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- Rank against 556 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Procyon manage?
Procyon reports $9.2 billion in regulatory assets under management across 8,716 accounts, 39% of it on a discretionary basis, on its Form ADV filed September 29, 2026.
What kind of firm is Procyon?
Procyon is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Procyon’s clients?
By assets, its largest client types are pension and profit sharing plans ($4.9 billion, 156 clients); high-net-worth individuals ($2.8 billion, 691 clients); individuals ($574 million, 2,084 clients).
Does Procyon manage private funds?
Yes. It reports 2 private funds with $43 million in gross assets, including hedge funds, private equity funds.
Does Procyon have any disciplinary history?
Procyon answers yes to 3 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Procyon’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 (2026-09-29), 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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →