Upstate Financial Planning, LLC

Upstate Financial Planning is an independent, single‑advisor registered investment adviser that manages about $12.4 million for a small client base (33 clients) and provides ongoing portfolio management alongside financial planning and consulting for individuals, high‑net‑worth clients, and retirement plans. The firm prepares an Investment Policy Statement for each client and may be granted discretionary authority to select securities and execute transactions on clients’ behalf.

The firm’s investment approach combines several analytical methods—charting, cyclical, fundamental, modern portfolio theory, quantitative and technical analysis—and uses both long‑term trading and options strategies (including covered, uncovered and spread positions). Portfolios may include a broad set of instruments beyond typical mutual funds and ETFs, such as REITs, fixed income, commodities, private placements, hedge funds, private equity and venture capital, with risks and tolerances documented in each client’s IPS.

Distinctive aspects disclosed in the brochure include that the adviser is a licensed insurance agent and may recommend insurance products (a potential conflict that the firm states it addresses through disclosure and review), and that the firm may receive soft‑dollar research or other benefits from custodians. The firm names multiple custodians it recommends (including Altruist/Apex Clearing and Charles Schwab) and notes no account minimum, features that, together with its small client roster and concentration of services, may influence custody, execution, and the level of individualized attention clients receive.