# Armbruster Capital Management

Armbruster Capital Management is an Asset Manager based in Pittsford, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Pittsford, United States
- **Region:** North America
- **Address:** Pittsford, NY, United States
- **Founded:** 1985
- **Assets under management:** Undisclosed
- **Website:** armbrustercapital.com
- **LinkedIn:** https://www.linkedin.com/company/armbrustercapital

## Regulatory record

- **CRD number:** 151590
- **SEC file number:** 801-71184
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/151590

## About

At Armbruster Capital Management (ACM), we believe investing should be grounded in integrity, discipline, and transparency. Founded in 2009, our firm has grown to manage over $1 billion in assets, serving individuals, institutions, and corporations nationwide. Our story is rooted in independence. From the start, ACM chose to operate as a fee-only, SEC-registered investment advisor, free from third-party commissions or outside affiliations. That decision wasn’t just about business; it was about building trust. We want clients to know that every recommendation we make is guided by their goals and not by incentives. That’s why the Wall Street Journal featured ACM in a 2025 story about fiduciary advisors—underscoring our commitment to acting in your best interest, not ours. We also believe financial advice should extend beyond investments. Whether it’s estate planning, tax considerations, or retirement strategies, we act as a sounding board, helping clients navigate life’s complexities without the pressure of hourly fees. Today, ACM stands as a firm that has grown in size but stayed true to its roots: personal service, disciplined investing, and unwavering independence. Our story is about more than managing money; it’s about building lasting relationships and guiding generations toward financial peace of mind and uncompromising integrity. For disclosures, visit: https://www.armbrustercapital.com/compliance/

## Sectors

- Equities
- Fixed Income

## People

- David W. Armbruster — President and Chief Investment Officer

## Questions

### Who runs investment decisions at Armbruster Capital Management?

David W. Armbruster serves as President and Chief Investment Officer. He founded the firm in 1985 and remains the lead decision-maker for portfolio construction and security selection. There are no publicly identified co-portfolio managers.

### How does the firm compare to the large wirehouses in upstate New York?

Armbruster's key differentiator — sustained over four decades — is fiduciary independence. It does not sell proprietary products, earn commissions, or answer to a public parent company. That contrasts with the region's dominant wirehouse and bank-owned advisory models, where product distribution incentives can create structural conflicts.

### Has the ownership or corporate structure changed since founding?

No. David Armbruster founded the firm in 1985, and it has remained an independent, privately held entity headquartered in Pittsford, New York. It has never been acquired, merged, or recapitalized by an outside financial institution, a status that is increasingly atypical for an RIA of its vintage.

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- [Arié Family Office](https://altss.com/profile/arie-family-office)

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Last updated: 2026-06-03T20:00:00.000Z

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