Adirondack Financial Services Corp

Adirondack Financial Services, Corp, established in 2000, is a privately owned corporation providing Investment Advisory Services, portfolio management, financial planning, pension consulting, 401k investment advice, and Trust management. The firm has discretionary and non-discretionary accounts, tailoring advice to individual clients' needs. With $367,569,493 in discretionary accounts and $44,338,645 in non-discretionary accounts as of 12/31/2024, the firm offers a fee-based structure with a fiduciary standard, charging 1% for the first $1,000,000 in assets managed, 0.85% for the next $2,000,000, and 0.65% for assets exceeding $3,000,000. Clients may choose between discretionary and non-discretionary accounts, with fees payable monthly. AFS does not engage in performance-based fees and serves Retail Clients, Individuals, Companies, Trusts, Non-Profit entities, and Company Defined Benefit Plans without minimum account requirements. The firm employs a defined investment research process for security selection, emphasizing asset allocation across multiple classes. AFS does not recommend frequent trading or specific security types with limited liquidity. The firm's employees adhere to a strong Code of Ethics, placing client interests first and acting with integrity. Adirondack Financial Services does not receive compensation from sources other than clients, does not custody assets, and provides investment discretion based on individual client agreements. The firm votes proxies for clients in their best economic interest and maintains financial stability to meet contractual commitments.