SENECA FINANCIAL ADVISORS LLC

RIASEC RegisteredEst. 2010

Total AUM

$847M

Discretionary

$740M

87% of AUM

Avg account

$751K

Accounts

1,128

Employees

Advisory reps

Firm details

Headquarters: ROCHESTER, New York
CRD number: 152824
Registered since: February 8, 2010
Website: senecafinancialadvisors.com
Custodians: CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI90.36%
Individuals6.01%
Corporations / Businesses1.94%
Other1.69%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Seneca Financial Advisors LLC is an independent registered investment adviser formed as an LLC and SEC-registered since 2010. The firm is owned by an individual and describes itself as a capital allocator that serves both individual/family and institutional clients. Its fee arrangements include asset-based fees, hourly charges, and fixed fees. Core advisory services are financial planning, portfolio management for individuals, small businesses and institutions, and selection of outside managers. Seneca does not identify as an active ESG investor. Seneca’s investment approach blends pooled public funds with allocations to third-party alternative managers. Its regulatory filings and allocation activity indicate a reliance on mutual funds and ETFs for core exposure while selectively using external fund managers to access private-market and other alternative strategies.