DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Nottingham Advisors Inc.
Latest filing Sep 11, 2026
First filing on the tape Mar 29, 2012 · 40 filings
SEC status approved since Sep 22, 1982
RAUM
$1.4B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
28%
$405M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$204M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$1.4B as of Aug 17, 2026
Mar 29, 2012$627M then
HNW client RAUM$259M as of Aug 17, 2026
Mar 22, 2018$355M then
State-registered IARs (5.B.3)7 as of Aug 17, 2026
Mar 28, 20130 then
Employees (5.A)9 as of Aug 17, 2026
Mar 28, 201313 then
Private funds: no history
RAUM -14% over the last fiscal year+3.1% a year over threeIARs 5 to 7offices 1 to 5
Practice profile
derived from the filing of Sep 11, 2026; every figure names its basis
Archetypes, each a printed rule
- Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $204MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 104derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.8MderivedHNW RAUM over HNW clients
- Average account
- $1.0MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 61%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 1.2derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- -14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +80%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -40%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $461M, 273 clientsreportedItem 9.A
- Ownership
- a bank, bancorp or trust company is a 50 percent or greater ownerderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$793M56%
- High-net-worth individuals$259M18%
- Corporations and businesses$148M10%
- Individuals$146M10%
- Charitable organizations$78.9M5.5%
- State and municipal entities$1.5M0.1%
- Individual clients
- 584reported
- HNW clients
- 145reported
- Pension plan clients
- 32reported
- Charitable clients
- 20reported
- Accounts
- 1,385reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- $0 sponsored, $151M managedreported
- Custody of client assets
- $461M for 273 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.28 fund_share=0.0 institutional_share=0.61 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Conner John GyllenhammerChartered Financial Analyst | Amherst, Ny | Aug 7, 2024 | 14 y | 0 |
| Charles J. PerrilloCertified Financial Planner | Amherst, Ny | Aug 19, 2025 | 41 y | 0 |
| Kristopher Anthony HackerChartered Financial Analyst | Amherst, Ny | Sep 2, 2025 | 15 y | 0 |
| Adam Christopher NiebanckCertified Financial Planner | Oneonta, Ny | Sep 8, 2025 | 26 y | 0 |
| Ericka N DemarsChartered Financial Analyst | Amherst, Ny | Jul 10, 2026 | 11 y | 0 |
| Bret ValerioChartered Financial Analyst | Amherst, Ny | Aug 24, 2026 | 13 y | 0 |
| Sean ConnorChartered Financial Analyst | Amherst, Ny | Aug 26, 2026 | 10 y | 0 |
Advisor movement
3 left, 0 joined in 12 months
net -3 in 12 months2 left in 90 days0 joined in 90 daysdeparture rate 43% of current headcount6 left over 36 months
Left, latest
- Matthew Krajna to Alpine Advisory Partners, LLCJul 6, 2026 · RIA to a newly registered adviser
- Michael Jonathan Skrzypczyk to Raymond James Financial Services Advisors, IncJul 6, 2026 · RIA to affiliated broker-dealer or bank
- Nicholas Stephen Dirienzo to Finish Line Wealth Management, LLCMar 25, 2026 · RIA to a state-registered adviser
- Lawrence Vernon Whistler to Courier Capital, LLCDec 4, 2024 · RIA to RIA
- Thomas Stephen Quealy to Aureum Wealth Management, LLCDec 4, 2024 · RIA to RIA
- Peter Kazmierczak to Sandhill Investment ManagementJul 16, 2024 · RIA to RIA
Joined, latest
- Peter Kazmierczak from Alliancebernstein L.P.May 12, 2022 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Stephen Nicholas Dirienzo · Chief Compliance Officer And Director Of Operationscontrolsince 11/2020 · owns less than 5%
- J. Charles Perrillo · Ceo Officercontrolsince 08/2026 · owns less than 5%
- Stephen Thomas Quealy · Chief Executive Officercontrolsince 01/2004 · owns less than 5%
- Francis Paul Wood · Presidentcontrolsince 08/2026 · owns less than 5%
- Vernon Lawrence Whistler · Presidentsince 06/2006 · owns less than 5%
Entity owners
- Community Bank N. A. · Shareholderdirect · owns 75% or more
- Community Bank Systems, Inc. · Shareholderindirect · owns 75% or more of Community Bank N. A. · public reporting company
Related persons
Schedule D 7.A
- Benefit Plans Administrative Services, Inc.LP sponsorn
- Bpas Actuarial And Pension Services LLCLP sponsorn
- Bpas Trust Company Of Puerto Ricon
- Bpas, LLC / Fringe BenefitsLP sponsorn
- Community Bank N.A.custodiany
- Community Investment Services, Inc.real estaten
- Global Trust Company, Inc.n
- Hand Benefits & Trust Companyn
- Hand Securities, Incbroker-dealern
- Northeast Retirement Services, LLCLP sponsorn
- Onegroup Ny, Inc.real estaten
- Nottingham Wealth Partners, Inc.investment advisernRAUM $80.5M
- The Carta Group, Inc.investment advisern
Advisers that list Nottingham Advisors Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Amherst, Ny · principal | 7 | 3 | 3 | ||
| Latham, Ny | 2 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Palm Beach Gardens, FL1 employees
ADV anomalies
11 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Sep 11, 2026institutional share of RAUM of 61% against a peer median of 3% (1362 comparable advisers, 98.0th percentile, 14.6 robust deviations)peers: independent wealth managers, $1B to $5B (1,362) · 98% percentile
- control person changedChange between filings · filing Sep 11, 2026QUEALY, THOMAS, STEPHEN (CHIEF EXECUTIVE OFFICER) left Schedule A between the filings of 2020-11-12 and 2026-09-11peers: independent wealth managers, $1B to $5B (1,362)
- control person changedChange between filings · filing Sep 11, 2026DIRIENZO, NICHOLAS, STEPHEN (CHIEF COMPLIANCE OFFICER AND DIRECTOR OF OPERATIONS) left Schedule A between the filings of 2020-11-12 and 2026-09-11peers: independent wealth managers, $1B to $5B (1,362)
- control person changedChange between filings · filing Sep 11, 2026PERRILLO, CHARLES, J. (CEO OFFICER) appeared on Schedule A between the filings of 2020-11-12 and 2026-09-11peers: independent wealth managers, $1B to $5B (1,362)
- control person changedChange between filings · filing Sep 11, 2026WOOD, PAUL, FRANCIS (PRESIDENT) appeared on Schedule A between the filings of 2020-11-12 and 2026-09-11peers: independent wealth managers, $1B to $5B (1,362)
- wealth to institutional shiftCombination · filing Mar 30, 2026private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $1,651,666,071 to $1,426,068,477, advisors 5 to 9, private clients 1205 to 729, offices 1 to 4 (2025-04-01 to 2026-03-30)peers: independent wealth managers, $1B to $5B (1,362)
- clients down average size upCombination · filing Mar 30, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $1,651,666,071 to $1,426,068,477, advisors 5 to 9, private clients 1205 to 729, offices 1 to 4 (2025-04-01 to 2026-03-30)peers: independent wealth managers, $1B to $5B (1,362)
- institutional asset share shiftChange between filings · filing Mar 30, 2026institutional share of RAUM moved from 56.0% to 72.0% between the annual amendments of 2025-04-01 and 2026-03-30peers: independent wealth managers, $1B to $5B (1,362)
- advisor count surgeChange between filings · filing Mar 30, 2026advisory representatives (Item 5.B.3) moved from 5.0 to 9.0 (+80.0%) between the annual amendments of 2025-04-01 and 2026-03-30; the peer median change was 0.0% (999 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $1B to $5B (999) · 98% percentile
- client count collapseChange between filings · filing Mar 30, 2026individual and HNW clients (Item 5.D) moved from 1,205.0 to 729.0 (-40.0%) between the annual amendments of 2025-04-01 and 2026-03-30; the peer median change was +5.0% (1132 comparable advisers, 2.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,132) · 1.7% percentile
- client mix shiftChange between filings · filing Mar 30, 2026private-client share of RAUM moved from 44.0% to 28.0% between the annual amendments of 2025-04-01 and 2026-03-30peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
- Financial planning clients · 11-25 to 11-25Aug 17, 2026 to Sep 11, 2026
- Succession · false to unsetAug 17, 2026 to Sep 11, 2026
- Advisory employees · 9 to 7Mar 30, 2026 to Aug 17, 2026
- Employees · 11 to 9Mar 30, 2026 to Aug 17, 2026
- State-registered IARs · 9 to 7Mar 30, 2026 to Aug 17, 2026
- Other offices · 4 to 5Mar 30, 2026 to Aug 17, 2026
- Accounts · 1,578 to 1,385Dec 10, 2025 to Mar 30, 2026
- Advisory employees · 6 to 9Dec 10, 2025 to Mar 30, 2026
- Charity clients · 32 to 20Dec 10, 2025 to Mar 30, 2026
- Corporate clients · 20 to 14Dec 10, 2025 to Mar 30, 2026
- HNW clients · 144 to 145Dec 10, 2025 to Mar 30, 2026
- Individual clients · 1,061 to 584Dec 10, 2025 to Mar 30, 2026
- Pension plan clients · 36 to 32Dec 10, 2025 to Mar 30, 2026
- Assets in custody · $94.2M to $461MDec 10, 2025 to Mar 30, 2026
- Employees · 9 to 11Dec 10, 2025 to Mar 30, 2026
- Insurance-licensed employees · 1 to 0Dec 10, 2025 to Mar 30, 2026
- State-registered IARs · 6 to 9Dec 10, 2025 to Mar 30, 2026
- Other offices · 5 to 4Dec 10, 2025 to Mar 30, 2026
- Discretionary RAUM · $1.6B to $1.4BDec 10, 2025 to Mar 30, 2026
- HNW RAUM · $398M to $259MDec 10, 2025 to Mar 30, 2026
- Individual RAUM · $331M to $146MDec 10, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $51.6M to $48.3MDec 10, 2025 to Mar 30, 2026
- Pension RAUM · $628M to $793MDec 10, 2025 to Mar 30, 2026
- RAUM · $1.7B to $1.4BDec 10, 2025 to Mar 30, 2026
- Wrap assets (manager) · $132M to $151MDec 10, 2025 to Mar 30, 2026
- Other offices · 4 to 5Sep 3, 2025 to Dec 10, 2025
- Advisory employees · 5 to 6Apr 1, 2025 to Aug 29, 2025
- BD registered reps · 1 to 0Apr 1, 2025 to Aug 29, 2025
- State-registered IARs · 5 to 6Apr 1, 2025 to Aug 29, 2025
- Other offices · 1 to 4Apr 1, 2025 to Aug 29, 2025
- Accounts · 2,249 to 1,578Mar 29, 2024 to Apr 1, 2025
- Advisory employees · 9 to 5Mar 29, 2024 to Apr 1, 2025
- BD registered reps · 0 to 1Mar 29, 2024 to Apr 1, 2025
- Charity clients · 34 to 32Mar 29, 2024 to Apr 1, 2025
- Corporate clients · 17 to 20Mar 29, 2024 to Apr 1, 2025
- HNW clients · 146 to 144Mar 29, 2024 to Apr 1, 2025
- Individual clients · 964 to 1,061Mar 29, 2024 to Apr 1, 2025
- Pension plan clients · 33 to 36Mar 29, 2024 to Apr 1, 2025
- Pooled vehicle clients · 0.0 to unsetMar 29, 2024 to Apr 1, 2025
- Assets in custody · $318M to $94.2MMar 29, 2024 to Apr 1, 2025
Signals
10 dated events
- Michael Jonathan Skrzypczyk left Nottingham Advisors Inc. for Raymond James Financial Services Advisors, Inc (registered 2026-08-13)Jul 6, 2026 · Advisor changed firm · fact
- Matthew Krajna left Nottingham Advisors Inc. for Alpine Advisory Partners, Llc (registered 2026-08-05)Jul 6, 2026 · Advisor changed firm · fact
- Nicholas Stephen Dirienzo left Nottingham Advisors Inc. for Finish Line Wealth Management, Llc (registered 2026-04-21)Mar 25, 2026 · Advisor changed firm · fact
- Lawrence Vernon Whistler left Nottingham Advisors Inc. for Courier Capital, Llc (registered 2025-02-26)Dec 4, 2024 · Advisor changed firm · fact
- Thomas Stephen Quealy left Nottingham Advisors Inc. for Aureum Wealth Management, Llc (registered 2025-01-31)Dec 4, 2024 · Advisor changed firm · fact
- Peter Kazmierczak left Nottingham Advisors Inc. for Sandhill Investment Management (registered 2024-08-07)Jul 16, 2024 · Advisor changed firm · fact
- Stephen Nicholas Dirienzo (Chief Compliance Officer And Director Of Operations) appeared on Schedule A of Nottingham Advisors Inc.Nov 12, 2020 · Control person joined · fact
- Kitty Mazurkiewicz (Chief Compliance Officer) no longer on Schedule A of Nottingham Advisors Inc. (listed 2020-06-29, absent 2020-11-12)Nov 12, 2020 · Control person left · inference
- Kitty Mazurkiewicz (Chief Compliance Officer) appeared on Schedule A of Nottingham Advisors Inc.Mar 5, 2019 · Control person joined · fact
- Ann Karen Mohn (Chief Compliance Officer) no longer on Schedule A of Nottingham Advisors Inc. (listed 2018-10-18, absent 2019-03-05)Mar 5, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 716-633-3800reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 716-633-3810reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 816-585-8224reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- nottinghamsolutions.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 716-633-3800reportedpublic record, Form ADV, Sep 11, 2026
- Contact form
- nottinghamadvisors.com/contact-usreportedpublished by the firm, firm site, Sep 17, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $204Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026