SourcingSourcing

ADIRONDACK FINANCIAL SERVICES CORP

C45
CRD 126155·SEC 801-64779·UTICA, NY
AUM
$461.8M
$100M-$500M
Est. Revenue
$4.6M
@ 1% on AUM
Est. EBITDA
$1.4M
@ 30% margin
Est. Deal Value
$11.1M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
ADIRONDACK FINANCIAL SERVICES CORP
CRD
126155
SEC file #
801-64779
EIN
—
DBA names
—

Economics

AUM
$461.8M
AUM band
$100M-$500M
AUM trajectory
'20'26
$284.1M → $461.8M▲ +63%
Client mix
Individuals Other459
Individuals High Net Worth137
Charitable Organizations29
Corporations19
Pension Profit Sharing Plans4

Operations

Employees (total)
16
Advisory staff (per ADV)
9
Advisory staff (5-yr trend)
'20'26
9 advisors → 9 advisors▬ 0%
Primary office
UTICA NY
Branches
—

Custodian & Brokerage

Primary custodian
Pershinglow confidence
Services offered
Financial planningPortfolio mgmt — individualsPension consulting
Fee basis
% of AUMFixed fees

Filings

Latest ADV filing
03/31/2026
ADV-W filed at
—
Website
facebook.com/adirondackfinancialservices(social)

Compliance

Disclosures (firm)
2
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
LOCKE, WILLIAM, FOX
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
LOCKE, WILLIAM, FOX
CLARK, JOHN, J
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
fallback_guess:adirondack.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No
Form 5500 Plan Count
1
Form 5500 Total Compensation
120,315
Form 5500 Compensation Trajectory 3y
2025120,315
Form 5500 Plan Count Trajectory 3y
20251
Schedule C Total Compensation
120,315
Schedule C Service Provider Rows
1

SEC EDGAR

Edgar Registered
No

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.103
Soi Zip Pct 200k Plus
0.0207
Soi Zip Returns 200k Plus
320
Soi Zip Total AGI
787,406
Fdic Zip Total Deposits
16,361,582,000
Fdic Zip Branch Count
241
Fdic Zip Top Banks
Adirondack Bank
The Savings Bank of Utica

Compliance & brand

Firm Registration Status
active

All other collected signals (19)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
1
Bc Firm Active IA Count
3
Bc Firm IAR Count
3
Custodian Candidates
Full
Pershing4
E*trade4
Fdic Zip Branches Raw
The Savings Bank of UticaUtica, NY
Adirondack Bank, A Federal Savings BankUtica, NY
Fdic Zip HHI
1061.56
Fdic Zip Top Bank Share Pct
20.52
Fdic Zip Year
2025
Firm Has Custody
No
Mailing Office Differs
No
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI71,829
Returns5,580
Stub 2
AGI182,235
Returns5,000
Stub 3
AGI134,192
Returns2,220
Soi Zip Total Business Income
32,404
Soi Zip Total Cap Gains
26,000
Soi Zip Total Dividends
10,998
Soi Zip Total Returns
15,440
Top Owner CRD
1574382
Trust Company Affiliate
No

People (4)

4
LOCKE, WILLIAM, FOX
IAR · Direct Owner · 87.5%
1574382
CLARK, JOHN, J
IAR · Executive Officer · 2.5%
4344180
PATRICIA MARIE RUGARI
Executive Officer · 2.5%
4836500
FRANCES J PARENT
IAR
2191132