Pathway Financial Advisors, Llc
- Regulatory AUM
- $1.6B
- Discretionary
- $1.6B
- Clients
- 253
- Avg AUM / client
- $6.5M
- Accounts
- 1,147
- Employees
- 11
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jul 31, 2026
Investments (13F portfolio — 130 positions, $857,307,774)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Vanguard Index Fds | VALUE ETF | $115,877,988 | 528,713 | 13.5% | 7.03% |
| 2 | Vanguard Index Fds | GROWTH ETF | $102,564,838 | 1,199,589 | 12.0% | 6.22% |
| 3 | Goldman Sachs Etf Tr | ACCES TREASURY | $88,221,455 | 883,009 | 10.3% | 5.35% |
| 4 | Vanguard Index Fds | MID CAP ETF | $47,508,773 | 590,098 | 5.54% | 2.88% |
| 5 | Ishares Inc | CORE MSCI EMKT | $42,858,945 | 536,810 | 5.0% | 2.6% |
| 6 | Ishares Tr | CORE MSCI EAFE | $37,801,662 | 388,506 | 4.41% | 2.29% |
| 7 | Ishares Tr | MSCI ACWI ETF | $37,648,523 | 241,105 | 4.39% | 2.28% |
| 8 | Vanguard Scottsdale Fds | INTER TERM TREAS | $35,158,557 | 597,935 | 4.1% | 2.13% |
| 9 | Vanguard Instl Index Fd | 0-3 MO TREAS BIL | $31,125,275 | 412,146 | 3.63% | 1.89% |
| 10 | Ishares Tr | CORE S&P SCP ETF | $30,800,507 | 210,271 | 3.59% | 1.87% |
| 11 | Ishares Tr | GLOBAL MATER ETF | $20,028,523 | 185,828 | 2.34% | 1.21% |
| 12 | Flexshares Tr | MORNSTAR UPSTR | $19,303,740 | 387,547 | 2.25% | 1.17% |
| 13 | Victory Portfolios Ii | CORE INTERMEDIAT | $18,645,521 | 398,354 | 2.17% | 1.13% |
| 14 | State Str Spdr S&P 500 Etf T | TR UNIT | $16,959,385 | 22,771 | 1.98% | 1.03% |
| 15 | Vanguard Instl Index Fd | ULTRA-SHORT TREA | $15,638,508 | 207,201 | 1.82% | 0.95% |
| 16 | American Centy Etf Tr | US QUALITY GROW | $13,659,647 | 117,502 | 1.59% | 0.83% |
| 17 | Vanguard Specialized Funds | DIV APP ETF | $9,777,217 | 40,974 | 1.14% | 0.59% |
| 18 | Matthews Intl Fds | PACIFIC TIGER AC | $9,741,732 | 229,271 | 1.14% | 0.59% |
| 19 | Spdr Series Trust | STATE STREET SPD | $8,763,776 | 95,842 | 1.02% | 0.53% |
| 20 | Ishares Tr | MSCI EAFE ETF | $6,716,836 | 64,356 | 0.78% | 0.41% |
| 21 | Ishares Tr | S&P 500 VAL ETF | $6,693,986 | 29,079 | 0.78% | 0.41% |
| 22 | Vanguard Index Fds | SMALL CP ETF | $5,797,861 | 19,304 | 0.68% | 0.35% |
| 23 | Apple Inc | COM | $4,999,841 | 16,200 | 0.58% | 0.3% |
| 24 | Bny Mellon Etf Trust | CONCENTRATED INT | $4,927,225 | 91,287 | 0.57% | 0.3% |
| 25 | Ishares Inc | EM MKT SM-CP ETF | $4,225,964 | 56,453 | 0.49% | 0.26% |
Top 25 of 130 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 53 | $30.8M | 1.87% |
| High net worth individuals | 200 | $1.4B | 86.0% |
| Pension and profit sharing plans | Fewer than 5 | $200M | 12.1% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Vermont Information Processing, Inc. Profit Sharing Plan Vermont Information Processing, Inc. | 2024 |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Scott Anthony Beaudin | Manager (1/2018) & Chief Compliance Officer | CFP Personal Financial Specialist | May 2003 (23y) | 75% or more |
| Jonathan Jenness Smith | Member | CFP | Feb 2018 (8y) | 10% – 25% |
| Darren James Beck | Registered representative | CFP | May 2008 (18y) | |
| Mary Beth Brigham | Registered representative | CFP | Dec 2015 (11y) | |
| Michael Jonathan Schell | Registered representative | CFP | Feb 2022 (4y) | |
| Jordan Victor Mac Dougall | Registered representative | CFP | Apr 2025 (1y) |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Vermont Information Processing, Inc. Profit Sharing Plan | Vermont Information Processing, Inc. | 675 | $37.1M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/13/2026 | 1010 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $979M (59% of AUM) Jul 2026
- National Financial Services (Fidelity) $462M (28% of AUM) Jul 2026
- John Hancock Funds, Llc $200M (12% of AUM) Jul 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 31, 2026.
View current Form ADV (SEC/IAPD) ↗