Broadway Advisor Group

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Client assets under management

$202,800,455

Clients

315

23% high-net worth

Advisors

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

158

Very High

Average account size

$643,811

About

Broadway Advisor Group serves individual and high‑net‑worth clients as well as pension and profit‑sharing plans, providing ongoing discretionary portfolio management, financial planning, and pension consulting. The firm reports roughly $215 million in assets under management across about 315 client accounts.

BAG documents client objectives in an Investment Policy Statement and typically operates with discretionary trading authority, applying a mix of analysis methods (charting, fundamental, quantitative, technical, and modern portfolio theory) to construct portfolios. It invests across a broad set of instruments — mutual funds, ETFs, fixed income, real estate funds, private equity and hedge funds — and also employs higher‑complexity strategies such as options, margin, and short sales, while selecting third‑party managers after due diligence and receiving fee‑sharing arrangements.

A feature that is uncommon among supported peers is that BAG sponsors a wrap‑fee program and manages wrap accounts under the same processes as non‑wrap accounts. The firm combines a small advisory team with access to alternative and complex strategies and operates under fiduciary obligations when advising retirement accounts.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Wealth management

Fee options

Fixed

Financial planning fees between $350 and $2,000; Pension consulting plan fees between $1,000 and $25,000

Percentage

$1 - $999,999: 1.50% $1,000,000 - $2,999,999: 1.25% $3,000,000 - $5,999,999: 1.00% $6,000,000 - AND UP: 0.75%

Project-based

$150 to $500 per hour

Main office location

Broadway Advisor Group

368 Broadway, First Floor

Albany NY 12207, United States

Number of offices

Most active in

Florida · New Hampshire · New Jersey · New York · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 518-477-3626

Advisors at this firm

John M

Series 63

Albany, NY

Broadway Advisor Group

John Mendrysa is a financial advisor at Broadway Advisor Group with 31 years of industry experience. He holds a Series 63 designation and previously worked at Linsco Private Ledger and LPL Financial for 18 and 17 years, respectively. His other business activities have included non-variable insurance sales and operating a DBA under Capital Wealth Management of New York. Broadway Advisor Group provides investment advisory services to individuals, high-net-worth clients, and pension/profit-sharing plans, offering portfolio management, financial planning, and pension consulting. The firm sponsors a wrap fee program and employs a wide range of investment strategies, managing approximately $166.6 million for around 250 clients.

Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Wealth management

Jason S

Series 66

Albany, NY

Broadway Advisor Group

Jason Sgroi is a financial advisor with Broadway Advisor Group in Albany, NY, holding a Series 66 designation and 19 years of industry experience. His work history includes roles at LPL Financial since 2005 and operating Sgroi Wealth Management Inc. since 2018. Broadway Advisor Group provides investment advisory services to individuals, high-net-worth clients, and pension plans, offering portfolio management, financial planning, and pension consulting. The firm sponsors a wrap fee program and employs a variety of investment strategies, including discretionary management and third-party manager allocations.

Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Wealth management

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