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RIA / WealthRegistered adviserformer SEC adviserleft the SEC rosterRAUM 100m 1b

NORTH COUNTRY INVESTMENT ADVISERS, INC.

CRD 112554

GLENS FALLS, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:9385836a-1e35-c4b6-c878-a0d3447d5f4f

Data as of Mar 21, 2025 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 8:20 AM UTC and rebuilt at most every 15 minutes.

Relationships: 12
Dated events: 12
On other graphs: 0
Observed: Feb 10, 2012 to Mar 21, 2025
27 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $125MItem 5.F on the latest filing (2025-03-21); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $125M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 6
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 1
SEC number: 801-58290
CRD: 112554
Filings on the tape: 27
First filed: Feb 10, 2012
Latest filed: Mar 21, 2025
Organised: Corporation, NY

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
ARROW FINANCIAL CORP.	SOLE OWNER	E	yes	09/1983	Feb 10, 2012	Mar 22, 2024
ASHLINE, HEATHER, L	CHIEF COMPLIANCE OFFICER	Na	yes	02/2022	Mar 24, 2022	Mar 22, 2024
BEHAN, MARK, L	Director	Na	yes	02/2016	Mar 2, 2016	Mar 22, 2024
CASACCIO, TENEE, R	Director	Na	yes	05/2011	Feb 10, 2012	Mar 22, 2024
DAWSEY, JAMES, M	Director	Na	yes	01/2016	Jul 6, 2017	Mar 22, 2024
Duffy, Kristine, D	Director	Na	yes	04/2021	May 6, 2021	Mar 22, 2024
GLENS FALLS NATIONAL BANK & TRUST COMPANY	SOLE OWNER	E	yes	12/2000	Feb 10, 2012	Mar 22, 2024
HOROWITZ, ADAM, MATTHEW	Secretary	Na	yes	02/2019	Mar 5, 2019	Mar 22, 2024
KINDRON, EMANUELA, ALINA	VICE PRESIDENT	Na	yes	08/2018	Sep 4, 2018	Mar 22, 2024
Mihaly, Michael, G	President	Na	yes	06/2019	Jun 25, 2019	Mar 22, 2024
MORRIS, PHILIP, C	Director	Na	yes	01/2022	Mar 24, 2022	Mar 22, 2024
IVANOV, PENKO, KRASSIMIR	Treasurer	Na	no	03/2023	Mar 17, 2023	Mar 22, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2024	Mar 21, 2025	$125M	$125M	6	4	0	n/a	n/a
2023	Mar 22, 2024	$119M	$119M	6	4	0	n/a	n/a
2022	Mar 17, 2023	$124M	$124M	6	4	0	n/a	n/a
2021	Mar 24, 2022	$253M	$253M	6	4	0	n/a	n/a
2020	Feb 11, 2021	$246M	$246M	6	3	0	n/a	n/a
2019	Mar 5, 2020	$219M	$219M	5	3	0	n/a	n/a
2018	Mar 5, 2019	$186M	$186M	6	3	1	n/a	n/a
2017	Mar 7, 2018	$197M	$197M	4	3	1	n/a	n/a
2016	Mar 6, 2017	$197M	$197M	6	3	n/a	n/a	n/a
2015	Mar 2, 2016	$202M	$202M	6	3	n/a	n/a	n/a
2014	Feb 17, 2015	$184M	$184M	8	3	n/a	n/a	n/a
2013	Feb 7, 2014	$179M	$179M	8	3	n/a	n/a	n/a
2012	Feb 13, 2013	$164M	$164M	7	3	n/a	n/a	n/a
2011	Feb 10, 2012	$150M	$150M	n/a	n/a	n/a	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2024	$125M	$119M	4.9%	$253M	-21.0%	6	6	0	0

Relationships

Owns (1)

← IVANOV, PENKO, KRASSIMIROwnerTREASURER, ownership code NA, individual
Mar 17, 2023 to Mar 22, 2024factForm ADV

Controls (11)

← HOROWITZ, ADAM, MATTHEWOwnerSECRETARY, ownership code NA, individual
Mar 5, 2019 to Mar 22, 2024factForm ADV
← CASACCIO, TENEE, ROwnerDIRECTOR, ownership code NA, individual
Feb 10, 2012 to Mar 22, 2024factForm ADV
← BEHAN, MARK, LOwnerDIRECTOR, ownership code NA, individual
Mar 2, 2016 to Mar 22, 2024factForm ADV
← DAWSEY, JAMES, MOwnerDIRECTOR, ownership code NA, individual
Jul 6, 2017 to Mar 22, 2024factForm ADV
← KINDRON, EMANUELA, ALINAOwnerVICE PRESIDENT, ownership code NA, individual
Sep 4, 2018 to Mar 22, 2024factForm ADV
← Mihaly, Michael, GOwnerPRESIDENT, ownership code NA, individual
Jun 25, 2019 to Mar 22, 2024factForm ADV
← Duffy, Kristine, DOwnerDIRECTOR, ownership code NA, individual
May 6, 2021 to Mar 22, 2024factForm ADV
← MORRIS, PHILIP, COwnerDIRECTOR, ownership code NA, individual
Mar 24, 2022 to Mar 22, 2024factForm ADV
← ASHLINE, HEATHER, LOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 24, 2022 to Mar 22, 2024factForm ADV
← ARROW FINANCIAL CORP.OwnerSOLE OWNER, ownership code E, domestic entity
Feb 10, 2012 to Mar 22, 2024factForm ADV
← GLENS FALLS NATIONAL BANK & TRUST COMPANYOwnerSOLE OWNER, ownership code E, domestic entity
Feb 10, 2012 to Mar 22, 2024factForm ADV

Dated events

Occurred
Jul 1, 2025
Left the SEC roster
North Country Investment Advisers, Inc. no longer on the SEC adviser roster (last listed 2025-06-02, RAUM $124.9M)
Form ADVobserved 6 days ago
$125M
Occurred
Mar 17, 2023
Regulatory AUM changed
North Country Investment Advisers, Inc. reported RAUM $124.2M, down 51% from $253.1M (2022-10-06 to 2023-03-17)
Form ADVobserved 6 days ago
$-129M
Occurred
Mar 24, 2022
Control person left
Marianne Laroche (Director) no longer on Schedule A of North Country Investment Advisers, Inc. (listed 2021-05-06, absent 2022-03-24)
Form ADVobserved 6 days ago
Occurred
Mar 24, 2022
Control person joined
Philip Morris (Director) appeared on Schedule A of North Country Investment Advisers, Inc.
Form ADVobserved 6 days ago
Occurred
Mar 24, 2022
Control person joined
Heather Ashline (Chief Compliance Officer) appeared on Schedule A of North Country Investment Advisers, Inc.
Form ADVobserved 6 days ago
Occurred
May 6, 2021
Control person left
J Richard Reisman (Director) no longer on Schedule A of North Country Investment Advisers, Inc. (listed 2021-02-11, absent 2021-05-06)
Form ADVobserved 6 days ago
Occurred
May 6, 2021
Control person joined
D Kristine Duffy (Director) appeared on Schedule A of North Country Investment Advisers, Inc.
Form ADVobserved 6 days ago
Occurred
May 6, 2021
Control person joined
Marianne Laroche (Director) appeared on Schedule A of North Country Investment Advisers, Inc.
Form ADVobserved 6 days ago
Occurred
Feb 11, 2021
Control person left
Francis Raymond Oconor (Director) no longer on Schedule A of North Country Investment Advisers, Inc. (listed 2020-03-05, absent 2021-02-11)
Form ADVobserved 6 days ago
Occurred
Jun 25, 2019
Control person left
Matthew Peter Capozzola (President) no longer on Schedule A of North Country Investment Advisers, Inc. (listed 2019-03-05, absent 2019-06-25)
Form ADVobserved 6 days ago
Occurred
Jun 25, 2019
Control person joined
G Michael Mihaly (President) appeared on Schedule A of North Country Investment Advisers, Inc.
Form ADVobserved 6 days ago
Occurred
Mar 5, 2019
Control person joined
Matthew Adam Horowitz (Secretary) appeared on Schedule A of North Country Investment Advisers, Inc.
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:9385836a-1e35-c4b6-c878-a0d3447d5f4f
First observed: Feb 10, 2012
Last observed: Mar 21, 2025 18 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

NORTH COUNTRY INVESTMENT ADVISERS, INC.

CRD 112554

GLENS FALLS, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:9385836a-1e35-c4b6-c878-a0d3447d5f4f

Data as of Mar 21, 2025 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 8:20 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

ARROW FINANCIAL CORP.

SOLE OWNER

yes

09/1983

Feb 10, 2012

Mar 22, 2024

ASHLINE, HEATHER, L

CHIEF COMPLIANCE OFFICER

yes

02/2022

Mar 24, 2022

Mar 22, 2024

BEHAN, MARK, L

Director

yes

02/2016

Mar 2, 2016

Mar 22, 2024

CASACCIO, TENEE, R

Director

yes

05/2011

Feb 10, 2012

Mar 22, 2024

DAWSEY, JAMES, M

Director

yes

01/2016

Jul 6, 2017

Mar 22, 2024

Duffy, Kristine, D

Director

yes

04/2021

May 6, 2021

Mar 22, 2024

GLENS FALLS NATIONAL BANK & TRUST COMPANY

SOLE OWNER

yes

12/2000

Feb 10, 2012

Mar 22, 2024

HOROWITZ, ADAM, MATTHEW

Secretary

yes

02/2019

Mar 5, 2019

Mar 22, 2024

KINDRON, EMANUELA, ALINA

VICE PRESIDENT

yes

08/2018

Sep 4, 2018

Mar 22, 2024

Mihaly, Michael, G

President

yes

06/2019

Jun 25, 2019

Mar 22, 2024

MORRIS, PHILIP, C

Director

yes

01/2022

Mar 24, 2022

Mar 22, 2024

IVANOV, PENKO, KRASSIMIR

Treasurer

03/2023

Mar 17, 2023

Mar 22, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2024

Mar 21, 2025

$125M

n/a

2023

Mar 22, 2024

$119M

n/a

2022

Mar 17, 2023

$124M

n/a

2021

Mar 24, 2022

$253M

n/a

2020

Feb 11, 2021

$246M

n/a

2019

Mar 5, 2020

$219M

n/a

2018

Mar 5, 2019

$186M

n/a

2017

Mar 7, 2018

$197M

n/a

2016

Mar 6, 2017

$197M

n/a

2015

Mar 2, 2016

$202M

n/a

2014

Feb 17, 2015

$184M

n/a

2013

Feb 7, 2014

$179M

n/a

2012

Feb 13, 2013

$164M

n/a

2011

Feb 10, 2012

$150M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2024

$125M

$119M

4.9%

$253M

-21.0%