High Probability Advisors, LLC (Pittsford)

High Probability Advisors, LLC is a mid-sized advisory firm based in Pittsford. It manages $50.59 million of regulatory assets for 64 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, New York, and Texas.

High Probability Advisors provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

High Probability Advisors: assets under management

The assets under management (AUM) of High Probability Advisors, LLC is $50.59 million. The firm's AUM has grown by 100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $47.46 million in discretionary accounts and $3.13 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $765.48 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.57 million.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 39% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay High Probability Advisors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients High Probability Advisors serves?

The only and largest group of clients of High Probability Advisors is high net worth individuals with 49 clients and $50.59 million of assets under management. Among the 5 most similar advisory firms, High Probability Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $50.59 million for 49 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

High Probability Advisors doesn't advise any private funds.

Careers at High Probability Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Michael Edward Jones has served as the Chief Investment Officer since 1 Oct 2017. Llc Jones Carl Group joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Joseph Carl	Chief compliance officer, chief executive officer	1 Aug 2017	50% - 75%	4161139
Michael Edward Jones	Chief investment officer	1 Oct 2017	50% - 75%	1695247
Llc Jones Carl Group	Owner	1 Aug 2018	50% - 75%	5390595
Llp Bonadio & Co	Owner	1 Aug 2018	25% - 50%	160773396

Based in Pittsford

The principal office where High Probability Advisors, LLC performs its advisory services is located at 110 Office Park Way,, Pittsford, NY 14534, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 585-485-0135 or by fax 585-248-8334. The normal business hours are 9 am to 5 pm on Monday - Friday.