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Kershner, Grosso & Co.
Kershner, Grosso & Co. was established in 1979 and maintains its advisory practice in Saratoga Springs, New York. The firm was built to serve the investment...
Kershner, Grosso & Co.
Kershner, Grosso & Co. was established in 1979 and maintains its advisory practice in Saratoga Springs, New York. The firm was built to serve the investment and planning needs of individuals, high-net-worth families, trusts, and corporate accounts across upstate New York. The firm's advisory model centers on discretionary portfolio management, retirement planning, tax-advantaged strategy, and integrated financial planning for long-term private clients. It constructs portfolios using individual equities, fixed-income instruments, mutual funds, and exchange-traded products, with allocation decisions shaped by client-specific objectives. Kershner, Grosso & Co. serves a client base that spans Saratoga County and the broader Capital Region, operating as a local fiduciary rather than a national platform. Kershner, Grosso & Co. generates revenue through asset-based fees and separate financial-planning engagements, the standard structure for an RIA with a wealth-management footprint. The firm is registered with the SEC, and its Form ADV disclosures confirm it manages discretionary accounts alongside non-discretionary advisory relationships for a small book of household and institutional clients. As a locally rooted independent RIA, the firm's structure differs from the consolidator-backed wealth managers and bank trust departments that dominate the upstate New York market. It remains a partnership without external private-equity backing, operating as a fiduciary to a concentrated client base that has shown multi-decade retention patterns typical of relationship-driven planning shops.
General information
Firm type
Bank / Wealth / Trust
Year founded
1979
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Saratoga Springs
Corporate office
Saratoga Springs, NY, United States
Frequently asked questions
How does Kershner, Grosso & Co. structure its client relationships?
Kershner, Grosso & Co. operates as a fee-only registered investment advisor under SEC regulation. It structures the majority of its client engagements around discretionary portfolio management, where the firm makes investment decisions on behalf of the client within an agreed asset-allocation framework. Additional engagements cover non-discretionary advisory and stand-alone financial-planning mandates. Revenue is derived from asset-based fees, which is standard for RIAs serving private wealth clients.
What asset classes does the firm use in client portfolios?
Per its SEC filings, the firm constructs portfolios from individual equities, corporate and government bonds, mutual funds, and exchange-traded funds. The mix for any given household depends on the client's risk tolerance, tax circumstances, and income requirements. The firm does not market itself as a direct investor in private equity, venture capital, or direct real estate — its offerings are drawn from public-market instruments and traditional managed products.
Who are the principals managing the firm?
The firm's current ownership and management roster is not widely publicized outside of its SEC Form ADV filings. Regulatory records identify the firm as having a small number of individual owners who serve as the primary investment advisors and decision-makers, consistent with a longstanding local partnership structure.
What client types does Kershner, Grosso & Co. serve?
The firm's client base includes individuals, high-net-worth individuals, trusts, estates, and corporate entities. The geographic concentration is heavily weighted toward the Saratoga Springs area and New York's Capital Region, with planning services extending to multi-generational households and small business owners.
Is Kershner, Grosso & Co. affiliated with a bank or larger wealth-management platform?
No. Kershner, Grosso & Co. is an independent registered investment advisor, not a subsidiary of a bank, trust company, or private-equity-backed consolidator. This independence distinguishes its fiduciary posture from bank-affiliated wealth-management groups, particularly in a regional market where trust departments and national wirehouses are common competitors.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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