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

Courier Capital, LLC

Independent wealth managerBuffalo, New YorkCRD 282485SEC 801-107119websiteIAPD
Latest filing Mar 16, 2026
First filing on the tape Dec 28, 2015 · 29 filings
SEC status approved since Jan 4, 2016
RAUM
$3.6B
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
68%
$2.4B individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$256M
derived; firm RAUM over IAPD count
Employees
26
12 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$3.6B as of Mar 16, 2026
Mar 31, 2017$1.3B then
HNW client RAUM$1.8B as of Mar 16, 2026
Mar 29, 2018$699M then
State-registered IARs (5.B.3)12 as of Mar 16, 2026
Mar 31, 20172 then
Employees (5.A)26 as of Mar 16, 2026
Mar 31, 201713 then
Private funds: no history
RAUM +16% over the last fiscal year+24% a year over threeIARs 11 to 12offices 3 to 4
Practice profile
derived from the filing of Mar 16, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 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
$256MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
150derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.0MderivedHNW RAUM over HNW clients
Average account
$929,519derivedRAUM over accounts (5.F.2.f)
Discretionary
86%derivedof RAUM
Institutional
28%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
2.8derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+9.1%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$3.0B, 2,496 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.8B50%
  • Individuals$636M18%
  • Pension and profit-sharing plans$548M15%
  • Charitable organizations$456M13%
  • Corporations and businesses$159M4.4%
Individual clients
1,738reported
HNW clients
356reported
Pension plan clients
45reported
Charitable clients
35reported
Accounts
3,857reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $22.1M managedreported
Custody of client assets
$3.0B for 2,496 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.68 fund_share=0.0 institutional_share=0.28 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
William Henry GurneyBuffalo, NyFeb 24, 201634 y0
Steven Anthony GattusoCertified Financial Planner, Chartered Financial AnalystSarasota, Fl Aug 3, 202113 y0
Thomas James HanlonCertified Financial PlannerBuffalo, NyAug 3, 202110 y0
Michael Robert BraceBuffalo, NyAug 11, 202118 y0
Jason Michael StronzBuffalo, NyAug 12, 202113 y0
Rebecca Levengood WesterveltBuffalo, NyMay 9, 202323 y1
Nicholas Timothy NorvellCertified Financial PlannerRochester, NyMay 30, 202328 y1
David Carl RobbinsRochester, NyJun 13, 202325 y1
Stephen John FasselBuffalo, NyJun 13, 202314 y2
Thomas Blick ReadingPittsburgh, PaJun 13, 202333 y3
Ryan Thomas HanlonBuffalo, NyAug 11, 202310 y0
Lawrence Vernon WhistlerChartered Financial AnalystBuffalo, NyFeb 26, 202531 y1
Ryan Paul CoppolaChartered Financial AnalystBuffalo, NyJun 22, 202512 y0
Jozef Nicholas KuzmkowskiBuffalo, NyJun 15, 202610 y2
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • James Thomas Hanlon · Executive Vice President, Wealth Managementcontrol
      since 10/2023 · owns less than 5%
    • Edward James Iglewski · Presidentcontrol
      since 10/2023 · owns less than 5%
    • Ann Karen Mohn · Chief Compliance Officercontrol
      since 02/2025 · owns less than 5%
    • Michael Jason Stronz · Senior Managing Directorcontrol
      since 10/2023 · owns less than 5%
    • Levengood Rebecca Westervelt · Chief Compliance Officercontrol
      since 12/2023 · owns less than 5%
    • Lynn Heather Wisinski · Senior Director Of Operationscontrol
      since 01/2022 · owns less than 5%
    Entity owners
    • Financial Institutions, Inc. · Owner (100%)
      direct · owns 75% or more · public reporting company
    Related persons
    Schedule D 7.A
    • Five Star Bank
      custodiann
    • Sdn Insurance Agency LLC
      real estaten
    Advisers that list Courier Capital, LLC as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Buffalo, Ny · principal1110
    Rochester, Ny200
    Offices
    Schedule D 1.F, the 25 largest
    • Rochester, NY2 employees
    • Jamestown, NY1 employees
    • Pittsburgh, PA1 employees
    ADV anomalies
    4 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Mar 16, 2026
      MOHN, KAREN, ANN (CHIEF COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2024-03-28 and 2026-03-16
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Mar 16, 2026
      WISINSKI, HEATHER, LYNN (SENIOR DIRECTOR OF OPERATIONS) left Schedule A between the filings of 2024-03-28 and 2026-03-16
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Mar 16, 2026
      WESTERVELT, REBECCA, LEVENGOOD (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-03-28 and 2026-03-16
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Mar 16, 2026
      HANLON, THOMAS, JAMES (EXECUTIVE VICE PRESIDENT, WEALTH MANAGEMENT) left Schedule A between the filings of 2024-03-28 and 2026-03-16
      peers: independent wealth managers, $1B to $5B (1,360)
    What changed
    consecutive filings, newest first
    • Accounts · 3,600 to 3,857
      Sep 23, 2025 to Mar 16, 2026
    • Advisory employees · 11 to 12
      Sep 23, 2025 to Mar 16, 2026
    • Charity clients · 31 to 35
      Sep 23, 2025 to Mar 16, 2026
    • Corporate clients · 36 to 38
      Sep 23, 2025 to Mar 16, 2026
    • HNW clients · 360 to 356
      Sep 23, 2025 to Mar 16, 2026
    • Individual clients · 1,735 to 1,738
      Sep 23, 2025 to Mar 16, 2026
    • Pension plan clients · 56 to 45
      Sep 23, 2025 to Mar 16, 2026
    • Assets in custody · $1.9B to $3.0B
      Sep 23, 2025 to Mar 16, 2026
    • Employees · 25 to 26
      Sep 23, 2025 to Mar 16, 2026
    • State-registered IARs · 11 to 12
      Sep 23, 2025 to Mar 16, 2026
    • Discretionary RAUM · $2.7B to $3.1B
      Sep 23, 2025 to Mar 16, 2026
    • HNW RAUM · $1.5B to $1.8B
      Sep 23, 2025 to Mar 16, 2026
    • Individual RAUM · $488M to $636M
      Sep 23, 2025 to Mar 16, 2026
    • Non-discretionary RAUM · $431M to $504M
      Sep 23, 2025 to Mar 16, 2026
    • Pension RAUM · $553M to $548M
      Sep 23, 2025 to Mar 16, 2026
    • RAUM · $3.1B to $3.6B
      Sep 23, 2025 to Mar 16, 2026
    • Wrap assets (manager) · $19.8M to $22.1M
      Sep 23, 2025 to Mar 16, 2026
    • Other offices · 3 to 4
      Mar 27, 2025 to Sep 23, 2025
    • Accounts · 2,222 to 3,600
      Apr 19, 2024 to Mar 27, 2025
    • Advisory employees · 12 to 11
      Apr 19, 2024 to Mar 27, 2025
    • Charity clients · 33 to 31
      Apr 19, 2024 to Mar 27, 2025
    • Corporate clients · 27 to 36
      Apr 19, 2024 to Mar 27, 2025
    • HNW clients · 406 to 360
      Apr 19, 2024 to Mar 27, 2025
    • Individual clients · 1,684 to 1,735
      Apr 19, 2024 to Mar 27, 2025
    • Pension plan clients · 71 to 56
      Apr 19, 2024 to Mar 27, 2025
    • Assets in custody · $1.5B to $1.9B
      Apr 19, 2024 to Mar 27, 2025
    • Employees · 23 to 25
      Apr 19, 2024 to Mar 27, 2025
    • Financial planning clients · 1-10 to 1-10
      Apr 19, 2024 to Mar 27, 2025
    • State-registered IARs · 12 to 11
      Apr 19, 2024 to Mar 27, 2025
    • Discretionary RAUM · $2.5B to $2.7B
      Apr 19, 2024 to Mar 27, 2025
    • HNW RAUM · $1.4B to $1.5B
      Apr 19, 2024 to Mar 27, 2025
    • Individual RAUM · $430M to $488M
      Apr 19, 2024 to Mar 27, 2025
    • Non-discretionary RAUM · $401M to $431M
      Apr 19, 2024 to Mar 27, 2025
    • Pension RAUM · $578M to $553M
      Apr 19, 2024 to Mar 27, 2025
    • RAUM · $2.9B to $3.1B
      Apr 19, 2024 to Mar 27, 2025
    • Wrap assets (manager) · $16.5M to $19.8M
      Apr 19, 2024 to Mar 27, 2025
    • Accounts · 1,496 to 2,222
      May 17, 2023 to Mar 28, 2024
    • Charity clients · 31 to 33
      May 17, 2023 to Mar 28, 2024
    • Corporate clients · 20 to 27
      May 17, 2023 to Mar 28, 2024
    • HNW clients · 242 to 406
      May 17, 2023 to Mar 28, 2024
    Signals
    19 dated events
    • John Raymond Piccirilli left Courier Capital, Llc for Verdence Capital Advisors, Llc (registered 2025-09-16)
      Jun 2, 2025 · Advisor changed firm · fact
    • Robert Christopher Hobaica no longer registered at Courier Capital, Llc; no later IA registration on IAPD
      Feb 26, 2025 · Advisor departure · fact
    • Courier Capital, Llc reported RAUM $2.9B, up 51% from $1.9B (2023-05-17 to 2024-03-28)
      Mar 28, 2024 · RAUM change · derived
    • Edward James Iglewski (President) appeared on Schedule A of Courier Capital, Llc
      Mar 28, 2024 · Control person joined · fact
    • Levengood Rebecca Westervelt (Chief Compliance Officer) appeared on Schedule A of Courier Capital, Llc
      Mar 28, 2024 · Control person joined · fact
    • Michael Jason Stronz (Senior Managing Director) appeared on Schedule A of Courier Capital, Llc
      Mar 28, 2024 · Control person joined · fact
    • Ann Karen Mohn (Chief Compliance Officer) no longer on Schedule A of Courier Capital, Llc (listed 2023-05-17, absent 2024-03-28)
      Mar 28, 2024 · Control person left · inference
    • Isabella Francis Loughlin left Courier Capital, Llc for Cobblestone Capital Advisors, Llc (registered 2024-01-30)
      Jan 25, 2024 · Advisor changed firm · fact
    • Hnp Capital LLC's advisors moved to Courier Capital, LLC (Rochester, NY): 6 of 9 registered, on the same day
      May 9, 2023 · Firm absorbed (people side) · derived
    • Lynn Heather Wisinski (Senior Director Of Operations) appeared on Schedule A of Courier Capital, Llc
      Mar 28, 2023 · Control person joined · fact
    • Brian Bruce Kaz (Chief Compliance Officer) no longer on Schedule A of Courier Capital, Llc (listed 2018-07-16, absent 2019-03-30)
      Mar 30, 2019 · Control person left · inference
    • K Martin Birmingham (Chairman/Ceo) no longer on Schedule A of Courier Capital, Llc (listed 2018-07-16, absent 2019-03-30)
      Mar 30, 2019 · Control person left · inference
    • Bruce Kevin Klotzbach (Treasurer) no longer on Schedule A of Courier Capital, Llc (listed 2018-07-16, absent 2019-03-30)
      Mar 30, 2019 · Control person left · inference
    • Marie Sonia Dumbleton (Secretary) no longer on Schedule A of Courier Capital, Llc (listed 2018-07-16, absent 2019-03-30)
      Mar 30, 2019 · Control person left · inference
    • L William Kreienberg (President) no longer on Schedule A of Courier Capital, Llc (listed 2018-07-16, absent 2019-03-30)
      Mar 30, 2019 · Control person left · inference
    • Ann Karen Mohn (Chief Compliance Officer) appeared on Schedule A of Courier Capital, Llc
      Mar 30, 2019 · Control person joined · fact
    • Courier Capital, Llc reported RAUM $1.7B, up 27% from $1.3B (2017-09-29 to 2018-03-29)
      Mar 29, 2018 · RAUM change · derived
    • Mustard Acquisition Sub, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Dec 28, 2015 · Succession (Item 4) · fact
    • Mustard Acquisition Sub, Llc filed its initial SEC registration (Form ADV)
      Dec 28, 2015 · First SEC registration · fact
    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 email
    info@couriercapital.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    412-447-6080reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    585-461-6085reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    716-484-2402reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/COURIER-CAPITAL-CORPORATIONreportedpublic record, Form ADV, Sep 17, 2026
    Website
    COURIERCAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    716-883-9595reportedpublic record, Form ADV, Mar 16, 2026
    Team page
    couriercapital.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $256Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026