CONE ADVISORY GROUP, INC.

Cone Advisory Group, Inc. is a small, state-registered advisory firm that serves individual clients, high‑net‑worth individuals, and pension/profit‑sharing plans. The firm offers discretionary and non‑discretionary portfolio management, financial planning, and financial consulting services and reports roughly $17.3 million in assets under management.

Investment advice is provided primarily through model portfolios and third‑party money managers rather than in‑house quantitative security selection; the firm may use fundamental analysis and longer‑term purchase strategies as part of those models. Clients can engage the firm for both ongoing portfolio management and one‑time or hourly planning and consulting, and may impose written restrictions on their accounts; the firm may also engage sub‑advisers in co‑advisory arrangements to manage assets on a discretionary basis.

A noteworthy distinction is that persons providing advice on behalf of the firm are licensed insurance agents who may earn separate commission‑based compensation for insurance product sales, a practice the brochure identifies as a potential conflict of interest. The firm also routinely directs brokerage to Charles Schwab, participates in Schwab’s institutional program, and uses a co‑advisory relationship with an unaffiliated manager for discretionary management, all of which affect how client assets are managed and how services are delivered.