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
Sgroi Wealth Advisory Group LLC
Latest filing Feb 2, 2026
First filing on the tape Oct 25, 2017 · 20 filings
SEC status approved since Nov 27, 2017
RAUM
$1.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$1.4B individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$123M
derived; firm RAUM over IAPD count
Employees
27
14 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$1.4B as of Feb 2, 2026
Jan 30, 2018$193M then
HNW client RAUM$273M as of Feb 2, 2026
Jan 30, 2018$22.1M then
State-registered IARs (5.B.3)13 as of Feb 2, 2026
Jan 30, 20189 then
Employees (5.A)27 as of Feb 2, 2026
Jan 30, 201820 then
Private funds: no history
RAUM +25% over the last fiscal year+25% a year over threeIARs 13 to 13offices 0 to 1
Practice profile
derived from the filing of Feb 2, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- RAUM per advisor
- $123MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 695derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.6MderivedHNW RAUM over HNW clients
- Average account
- $176,805derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.5derivedItem 5.A over advisors
- Advisors per office
- 5.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +25%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +102%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Financial planning clients
- 5,500reportedItem 5.H
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$1.1B80%
- High-net-worth individuals$273M20%
- Pension and profit-sharing plans$3.5M0.3%
- Charitable organizations$1.3M0.1%
- Individual clients
- 7,478reported
- HNW clients
- 169reported
- Pension plan clients
- 23reported
- Charitable clients
- 6reported
- Accounts
- 7,676reported
- Financial planning clients
- 5,500reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=13.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Patrick Joseph Sgroi | West Seneca, Ny | Jan 30, 2018 | 34 y | 1 |
| Brian Michael Clouden | West Seneca, Ny | Jan 30, 2018 | 24 y | 1 |
| Jeffrey Loren HaxtonCertified Financial Planner | West Seneca, Ny | Jan 30, 2018 | 16 y | 1 |
| John Gerald Clouden | West Seneca, Ny | Jan 30, 2018 | 31 y | 1 |
| Jennifer Lynn JurekCertified Financial Planner | West Seneca, Ny | Mar 12, 2018 | 30 y | 1 |
| Shawn Patrick Mclaughlin | West Seneca, Ny | Mar 13, 2018 | 25 y | 1 |
| Paul Kirsten Hutchings | West Seneca, Ny | Oct 19, 2018 | 18 y | 1 |
| Vincent John ScarsellaCertified Financial Planner | West Seneca, Ny | Oct 19, 2018 | 14 y | 2 |
| Sandra Jean Turchiarelli | West Seneca, Ny | Oct 19, 2018 | 27 y | 1 |
| Matthew McanultyCertified Financial Planner | West Seneca, Ny | Jul 18, 2022 | 15 y | 1 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Matthew Mcanulty from Cadaret Grant & Co IncJul 18, 2022 · Affiliated broker-dealer or bank to independent RIA
- Shawn Patrick Mclaughlin from Cadaret Grant & Co IncMar 13, 2018 · Affiliated broker-dealer or bank to independent RIA
- Patrick Joseph Sgroi from Cadaret Grant & Co IncJan 30, 2018 · Affiliated broker-dealer or bank to independent RIA
- Brian Michael Clouden from Cadaret Grant & Co IncJan 30, 2018 · Affiliated broker-dealer or bank to independent RIA
- John Gerald Clouden from Cadaret Grant & Co IncJan 30, 2018 · Affiliated broker-dealer or bank to independent RIA
- Jeffrey Loren Haxton from Cadaret Grant & Co IncJan 30, 2018 · Affiliated broker-dealer or bank to independent RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 6 joined from Cadaret Grant & Co IncJul 10, 2025 · West Seneca, Ny
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Gerald John Clouden · Chief Compliance Officer And Senior Vice Presidentcontrolsince 10/2017 · owns 25% to 50%
- Joseph Patrick Sgroi · President And Senior Vice Presidentcontrolsince 10/2017 · owns less than 5%
Entity owners
- Lawley Sgroi Georgetown LLC · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| West Seneca, Ny · principal | 11 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- unusually high clients per advisorStatic outlier · filing Feb 2, 2026private clients per advisor of 695.2 against a peer median of 64.8 (1150 comparable advisers, 99.0th percentile, 15.4 robust deviations)peers: independent wealth managers, $1B to $5B (1,150) · 99% percentile
- client count surgeChange between filings · filing Feb 2, 2026individual and HNW clients (Item 5.D) moved from 3,785.0 to 7,647.0 (+102.0%) between the annual amendments of 2025-04-15 and 2026-02-02; the peer median change was +5.0% (1132 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,132) · 98% percentile
- control person changedChange between filings · filing Feb 2, 2026CLOUDEN, JOHN, GERALD (CHIEF COMPLIANCE OFFICER AND SENIOR VICE PRESIDENT) left Schedule A between the filings of 2017-10-25 and 2026-02-02peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 6,848 to 7,676Oct 2, 2025 to Jan 30, 2026
- Advisory employees · 13 to 14Oct 2, 2025 to Jan 30, 2026
- Charity clients · 12 to 6Oct 2, 2025 to Jan 30, 2026
- HNW clients · 97 to 169Oct 2, 2025 to Jan 30, 2026
- Individual clients · 3,688 to 7,478Oct 2, 2025 to Jan 30, 2026
- Pension plan clients · 25 to 23Oct 2, 2025 to Jan 30, 2026
- Other offices · 0 to 1Oct 2, 2025 to Jan 30, 2026
- Discretionary RAUM · $1.1B to $1.4BOct 2, 2025 to Jan 30, 2026
- HNW RAUM · $164M to $273MOct 2, 2025 to Jan 30, 2026
- Individual RAUM · $906M to $1.1BOct 2, 2025 to Jan 30, 2026
- Pension RAUM · $8.8M to $3.5MOct 2, 2025 to Jan 30, 2026
- RAUM · $1.1B to $1.4BOct 2, 2025 to Jan 30, 2026
- Accounts · 6,993 to 6,848Mar 27, 2024 to Apr 15, 2025
- Advisory employees · 11 to 13Mar 27, 2024 to Apr 15, 2025
- BD registered reps · 11 to 13Mar 27, 2024 to Apr 15, 2025
- Charity clients · 0 to 12Mar 27, 2024 to Apr 15, 2025
- Individual clients · 5,148 to 3,688Mar 27, 2024 to Apr 15, 2025
- Pension plan clients · 11 to 25Mar 27, 2024 to Apr 15, 2025
- Employees · 25 to 27Mar 27, 2024 to Apr 15, 2025
- Insurance-licensed employees · 10 to 12Mar 27, 2024 to Apr 15, 2025
- Financial planning clients · More than 500 to More than 500Mar 27, 2024 to Apr 15, 2025
- State-registered IARs · 11 to 13Mar 27, 2024 to Apr 15, 2025
- Discretionary RAUM · $939M to $1.1BMar 27, 2024 to Apr 15, 2025
- HNW RAUM · $162M to $164MMar 27, 2024 to Apr 15, 2025
- Individual RAUM · $767M to $906MMar 27, 2024 to Apr 15, 2025
- Pension RAUM · $6.4M to $8.8MMar 27, 2024 to Apr 15, 2025
- RAUM · $939M to $1.1BMar 27, 2024 to Apr 15, 2025
- Accounts · 5,085 to 6,993Mar 28, 2023 to Mar 27, 2024
- Advisory employees · 12 to 11Mar 28, 2023 to Mar 27, 2024
- BD registered reps · 12 to 11Mar 28, 2023 to Mar 27, 2024
- HNW clients · 69 to 97Mar 28, 2023 to Mar 27, 2024
- Individual clients · 3,680 to 5,148Mar 28, 2023 to Mar 27, 2024
- Pension plan clients · 0 to 11Mar 28, 2023 to Mar 27, 2024
- Employees · 22 to 25Mar 28, 2023 to Mar 27, 2024
- Discretionary RAUM · $692M to $939MMar 28, 2023 to Mar 27, 2024
- HNW RAUM · $117M to $162MMar 28, 2023 to Mar 27, 2024
- Individual RAUM · $572M to $767MMar 28, 2023 to Mar 27, 2024
- Pension RAUM · $1.7M to $6.4MMar 28, 2023 to Mar 27, 2024
- RAUM · $692M to $939MMar 28, 2023 to Mar 27, 2024
- Accounts · 4,256 to 5,085Mar 25, 2022 to Mar 28, 2023
Signals
7 dated events
- Sgroi Wealth Advisory Group Llc reported RAUM $1.4B, up 25% from $1.1B (2025-10-02 to 2026-01-30)Jan 30, 2026 · RAUM change · derived
- 6 advisors left Cadaret Grant & CO Inc (West Seneca, NY) for Sgroi Wealth Advisory Group LLC a day apartJul 10, 2025 · Team lift-out · derived
- Sgroi Wealth Advisory Group Llc reported RAUM $939.0M, up 36% from $691.6M (2023-03-28 to 2024-03-27)Mar 27, 2024 · RAUM change · derived
- Sgroi Wealth Advisory Group Llc reported RAUM $707.2M, up 26% from $563.4M (2021-03-05 to 2022-03-25)Mar 25, 2022 · RAUM change · derived
- Sgroi Wealth Advisory Group Llc reported RAUM $563.4M, up 37% from $411.4M (2020-05-15 to 2021-03-05)Mar 5, 2021 · RAUM change · derived
- Sgroi Wealth Advisory Group Llc reported RAUM $411.4M, up 39% from $295.6M (2019-03-26 to 2020-03-28)Mar 28, 2020 · RAUM change · derived
- Sgroi Wealth Advisory Group Llc filed its initial SEC registration (Form ADV)Oct 25, 2017 · 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 phone
- 716-674-6700reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 716-674-6822reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 800-989-6710reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- SGROILAWLEY.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 716-674-6700reportedpublic record, Form ADV, Feb 2, 2026
- Contact form
- sgroilawley.com/contactreportedpublished 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $123Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026