AleSco Advisors, LLC, an ESL Company logo

AleSco Advisors, LLC, an ESL Company

Updated today

Client assets under management

$2,560,684,266

Clients

503

72% high-net worth

Advisors

13

of 26 employees

Firm type

Multi Team

Clients per advisor

39

Low

Average account size

$5,090,824

About

Alesco Advisors, LLC, An ESL Company provides discretionary investment management and consulting primarily to institutions — including foundations, endowments, retirement plans, trusts and estates — and to high net worth individuals. The firm also offers written financial planning and retirement-plan advisory services and serves as a portfolio manager in two LPL-sponsored wrap programs while supplying model allocations to RBC Wealth Management.

The firm works with each client to establish an asset allocation plan that accounts for time horizon, risk tolerance, taxable status and other client-specific factors, using fundamental analysis and quantitative modeling to implement those plans. Alesco typically favors index-based and systematic mutual funds and ETFs, monitors tracking error, may include private assets for some clients, and conducts account reviews on a schedule ranging from one to four times per year.

Alesco’s ownership and operational structure is distinctive for a multi-team adviser: it is part of a holding-company group under ESL HoldCo, LLC that is ultimately owned by ESL Federal Credit Union and includes ESL Trust Services, LLC, a New York limited trust company, and a FINRA broker-dealer affiliate. The firm’s affiliations, its role in wrap and model programs, and certain custody practices described in the brochure — including retention of limited client website credentials for account access and an employee serving as trustee on two client trust accounts — set its arrangements apart from many peers.

Client services

Financial planning Portfolio management Selection of other advisers Newsletters or periodicals Educational seminars or workshops

Expertise

Private / alternative investments

Fee options

Fixed

Fixed financial planning fees; specific amounts not stated

Percentage

$0 - $500,000: 0.90% annually $500,000 - $2,000,000: 0.60% annually $2,000,000 - $10,000,000: 0.40% annually $10,000,000 - $50,000,000: 0.35% annually $50,000,000+: 0.30% annually

Other

Account minimum: $3,000,000 Minimum fee: Clients may be charged a minimum management fee, generally applying to accounts under the $3 million minimum; exact amount not specified Fee-only: Fixed financial planning fees for individuals who are not investment management clients; amount not specified

Main office location

AleSco Advisors, LLC, an ESL Company

120 Office Park Way

Pittsford NY 14534, United States

Number of offices

1

Most active in

California · Colorado · Florida · Illinois · Maryland · Massachusetts · Michigan · Nebraska · New Hampshire · New York · North Carolina · Ohio · Pennsylvania · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Frederick M

Series 63, Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Frederick Minges is a financial advisor at ESL Newco I, LLC with 10 years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Alesco Advisors LLC for 16 years before joining his current firm. ESL NewCo I, LLC, operating as Alesco Advisors, provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs fundamental analysis and quantitative modeling, commonly recommending index-based mutual funds and ETFs, and serves approximately 468 clients with about $4.81 billion in regulatory assets under management.

Private / alternative investments
user avatar

Stephen M

CFA®, Series 63, Series 66

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Stephen Mitchell is a CFA® charterholder with 10 years of industry experience. He currently works at ESL Newco I, LLC and has held roles at Alesco Advisors LLC, Novem Group, American Portfolios Financial Services, Inc., and Cetera ADVISORS LLC. ESL Newco I, LLC, operating as Alesco Advisors, provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm uses fundamental analysis and quantitative modeling to develop asset-allocation plans tailored to clients’ financial and tax considerations.

Private / alternative investments
user avatar

Todd G

CFA®, Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Todd Green is a CFA® charterholder and holds a Series 65 license with four years of industry experience. He is currently with ESL Newco I, LLC and previously worked at Alesco Advisors LLC for 18 years. He serves as a board member of FERA Diagnostics and Biologicals, a company focused on animal health products. ESL Newco I, LLC, operating as Alesco Advisors, provides investment management and financial planning services primarily to institutions and high-net-worth individuals. The firm employs fundamental analysis and quantitative modeling, often recommending index-based mutual funds and ETFs, and offers both discretionary portfolio management and consulting services.

Private / alternative investments
user avatar

Timothy T

Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Timothy Tindall is a financial advisor at ESL Newco I, LLC with four years of industry experience. He holds a Series 65 designation and has been affiliated with Alesco Advisors LLC since 2005. ESL NewCo I, LLC (operating as Alesco Advisors) provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs a combination of fundamental analysis and quantitative modeling, often recommending index-based mutual funds and ETFs, and is part of a larger financial group that includes broker-dealer and trust services entities.

Private / alternative investments
user avatar

Jody R

Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Jody Rossiter is a financial advisor at ESL Newco I, LLC with four years of industry experience. He holds a Series 65 credential and previously worked at Alesco Advisors LLC for 14 years. ESL NewCo I, LLC (operating as Alesco Advisors) provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs fundamental analysis and quantitative modeling to develop asset-allocation plans tailored to clients’ time horizons, risk tolerance, income needs, and tax considerations.

Private / alternative investments
user avatar

Christopher M

CFA®

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Christopher Mirrione is a CFA® charterholder with four years of industry experience. He is currently with ESL Newco I, LLC and previously spent 17 years at Alesco Advisors LLC. ESL NewCo I, LLC (operating as Alesco Advisors) provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs fundamental analysis and quantitative modeling, offering discretionary portfolio management and non-discretionary consulting while maintaining approximately $4.81 billion in regulatory assets under management.

Private / alternative investments
user avatar

Andrew K

Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Andrew Kay is a financial advisor at ESL Newco I, LLC with four years of industry experience. He holds a Series 65 designation and previously worked at Alesco Advisors LLC for 13 years. ESL NewCo I, LLC, operating as Alesco Advisors, provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs fundamental analysis and quantitative modeling, commonly recommending index-based mutual funds and ETFs, and serves approximately 468 clients with about $4.81 billion in assets under management.

Private / alternative investments
user avatar

James G

Series 63, Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

James Gould is a financial advisor at ESL Newco I, LLC with four years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Alesco Advisors LLC (formerly Wealthcfo) for 25 years. ESL Newco I, LLC, operating as Alesco Advisors, provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs fundamental analysis and quantitative modeling, often recommending index-based mutual funds and ETFs, and manages approximately $4.81 billion in regulatory assets under management.

Private / alternative investments
user avatar

Justin S

Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Justin Sansone is a financial advisor at ESL Newco I, LLC with four years of industry experience. He holds a Series 65 designation and previously worked at Alesco Advisors LLC and EFPR Solutions, LLC. ESL Newco I, LLC, operating as Alesco Advisors, provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs fundamental analysis and quantitative modeling, often recommending index-based mutual funds and ETFs, and offers both discretionary portfolio management and non-discretionary consulting.

Private / alternative investments
user avatar

Kevin R

CFA®

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Kevin Ruster is a CFA® charterholder with four years of industry experience. He is currently with ESL Newco I, LLC and previously worked at Alesco Advisors LLC for twelve years. ESL Newco I, LLC, operating as Alesco Advisors, provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm utilizes fundamental analysis and quantitative modeling, offering both discretionary portfolio management and non-discretionary consulting, and is part of a broader financial group that includes broker-dealer and trust services affiliates.

Private / alternative investments
user avatar

Douglas E

Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Douglas Emblidge is a financial advisor at ESL Newco I, LLC with three years of industry experience. He holds a Series 65 designation and previously worked at Alesco Advisors LLC. Before entering finance, he spent 39 years in broadcasting, including roles at 13WHAM-TV/Sinclair Broadcast Group and WAIO Radio 95.1. ESL Newco I, LLC, operating as Alesco Advisors, provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs a combination of fundamental analysis and quantitative modeling, often recommending index-based mutual funds and ETFs, and manages approximately $4.81 billion in assets.

Private / alternative investments
user avatar

Eric M

Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Eric Morris is a Series 65-licensed financial advisor with three years of industry experience. He is currently with ESL Newco I, LLC and previously worked at Alesco Advisors LLC. His background includes roles at Nazareth College of Rochester, Syracuse University, and Brighton Central School District. ESL Newco I, LLC, operating as Alesco Advisors, provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm employs a combination of fundamental analysis and quantitative modeling, focusing on asset allocation tailored to clients’ time horizons, risk tolerances, income needs, and tax considerations.

Private / alternative investments
user avatar

Megan K

Series 65

Pittsford, NY

AleSco Advisors, LLC, an ESL Company

Megan Konieczny is a financial advisor at ESL Newco I, LLC with one year of industry experience. She holds the Series 65 designation and previously worked at Alesco Advisors LLC and BNY Mellon. Megan's background also includes roles at Duquesne University, Invesco, Coopervision, and Cloud Docx. ESL NewCo I, LLC (operating as Alesco Advisors) provides investment management, financial planning, and consulting services primarily to institutions and high-net-worth individuals. The firm uses fundamental analysis and quantitative modeling to develop asset-allocation plans tailored to clients’ time horizons, risk tolerance, and tax considerations.

Private / alternative investments
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