Wealth manager, independent · Williamsville, NY
WNY Asset Management, LLC
SEC-registered investment adviser · CRD 153872 · SEC 801-71632
At a glance
WNY Asset Management, LLC is an SEC-registered investment adviser based in Williamsville, New York, with $1.7B in regulatory assets under management as of its Form ADV filed March 19, 2026. It reports 3,234 individual clients, 383 of them high-net-worth, holding an average of about $0.5 million each, and 35 employees. That ranks it 634th among the nation’s 5,657 independent wealth management RIAs and 47th of 408 in New York. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 716-626-0060wnyasset.comAs filed on Form ADV
- Regulatory AUM
- $1.7B
- Rank among independent wealth managers
- #634 of 5,657
- Rank among all SEC RIAs
- #3,942 of 17,210
- Rank in New York
- #47 of 408
- Individual clients
- 3,234
- High-net-worth clients
- 383
- Accounts
- 3,256
- Discretionary
- 100% of AUM
- Employees
- 35
- Advisory staff
- 18
- Offices
- 3
Owners and executives on its Form ADV
- John A. PieroniManaging Member
- Robert A. CastiglioneMember
- Ronald M. LojaconoMember
- Zachary D ShroyerChief Compliance Officer/ Chief Financial Officer
- Nicholas M ScibiliaChief Operations Officer / Chief Investment Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
WNY Asset Management, LLC is a hybrid RIA: 20 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names LPL Financial as the broker-dealer its advisers are registered with.
Certain investment adviser representatives of Registrant are also associated with LPL Financial (“LPL”) as broker- dealer registered representatives (“Dually Registered Persons”).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 2,851 | $856M | 49% |
| High-net-worth individuals | 383 | $845M | 49% |
| Corporations or other businesses | 17 | $15M | <1% |
| Charitable organizations | 9 | $14M | <1% |
Disciplinary disclosures
WNY Asset Management, 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
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗wnyasset.com ↗
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The full record on WNY Asset Management, 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 2,252 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 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 |
|---|---|---|
| Maridea Wealth ManagementBrooklyn | $2.0B | 2,100 |
| Rockbridge Investment Management, LLCSyracuse | $1.8B | 1,518 |
| Altfest Personal Wealth ManagementNew York | $1.8B | 686 |
| Novem GroupRochester | $1.7B | 3,513 |
| Citrin Cooperman Wealth Management, LLCNew York | $1.7B | 51 |
| Orange Investment Advisors, Inc.Goshen | $1.7B | 1,307 |
Background
Questions
How much does WNY Asset Management, LLC manage?
WNY Asset Management, LLC reports $1.7B in regulatory assets under management across 3,256 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 19, 2026.
How many clients does WNY Asset Management, LLC have?
It reports 3,234 individual clients: 383 high-net-worth individuals and 2,851 other individuals. Individuals account for about 98% of its regulatory assets.
Where is WNY Asset Management, LLC headquartered?
Its main office is in Williamsville, New York. It reports 3 offices in total and 35 employees, 18 of whom perform investment advisory functions.
How does WNY Asset Management, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; 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 WNY Asset Management, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 19, 2026, it reports these amounts held: Charles Schwab ($1.7B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is WNY Asset Management, LLC a hybrid RIA with a broker-dealer?
WNY Asset Management, LLC is a hybrid RIA: 20 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is WNY Asset Management, LLC a fiduciary?
As an SEC-registered investment adviser, WNY Asset Management, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 20 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 WNY Asset Management, 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 (2026-03-19), 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 →