AUMdb

Asset Strategy Advisors, Llc

SEC-registered Insurance-Affiliated · Small ($100M–$1B) CRD 139879 · SEC file 801-66549 · Wayland, MA · www.facebook.com
☆ Save with Pro ADV data as of Mar 31, 2026
Regulatory AUM
$649M
Discretionary
$221M
Clients
504
Avg AUM / client
$1.3M
Accounts
504
Employees
10

AUM over time

$122M $918M
Dec 2011 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 31, 2026

Asset allocation (SMA assets by investment type)

as of Mar 31, 2026
Registered investment companies (funds/ETFs)
$597M 92%
Exchange-traded equities
$26.0M 4%
Cash & equivalents
$26.0M 4%

Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 191 $36.6M 5.64%
High net worth individuals 290 $193M 29.7%
Pension and profit sharing plans 23 $420M 64.6%

Retirement plan clients

Plans that reported this firm as an investment service provider on Form 5500 Schedule C.

Plan Location Plan year
Envestnet 401(k) Retirement Plan Envestnet Financial Technologies, Inc. 2024
Southwest Airlines Pilots Retirement Savings Plan Southwest Airlines Company 2024
The Groom Construction Co., Inc. 401(k) Plan Groom Construction Co., Inc. 2024

People (13)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Kent Allan Fitzpatrick Member/Chief Compliance Officer Jun 2006 (20y) 75% or more
Rosario Salvatore Salamone Director Of Research Dec 2014 (12y) 5% – 10%
Sean David Whalen Financial Consultant CFP Aug 2020 (6y) 5% – 10%
William D Mahony Registered representative Jul 2008 (18y)
Richard Robert Racine Registered representative Chartered Financial Consultant May 2015 (11y)
David Christopher O'brien Registered representative CFP Aug 2019 (7y)
Bruce Woodman Hardy Registered representative Aug 2020 (6y)
Peter Doherty Registered representative Mar 2023 (3y)
Kaelan C Fitzpatrick Registered representative CFP Jul 2024 (2y)
Timothy Joseph Black Registered representative Jul 2024 (2y)
Jian Wei Fu Registered representative CFP Aug 2024 (2y)
Edward Rosenau Registered representative Oct 2025 (1y)
William Christopher Sargent Registered representative Jan 2026 (1y)

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Asset Strategy Holdings, Llc Holding Company Aug 2020 A 75% or more

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 (3)

PlanSponsorParticipantsPlan assetsAs of
Envestnet 401(k) Retirement Plan Envestnet Financial Technologies, Inc. 1,602 $347M 01/01/2024
Southwest Airlines Pilots Retirement Savings Plan Southwest Airlines Company 11,679 $11.6B 01/01/2024
The Groom Construction Co., Inc. 401(k) Plan Groom Construction Co., Inc. 156 $11.7M 01/01/2024

From Form 5500 service-provider disclosures.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/31/2026 1.15 MB 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
  • Pension consulting services
  • Selection of other advisers

Custody

Firm reports it does not have custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.

View current Form ADV (SEC/IAPD) ↗