AUMdb
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The Westchester Group, Llc

SEC-registered Investment Adviser · Small ($100M–$1B) CRD 288959 · SEC file 801-113448 ·
☆ Save with Pro ADV data as of Mar 11, 2026
Regulatory AUM
$188M
Discretionary
$50.3M
Clients
23
Avg AUM / client
$8.2M
Accounts
23
Employees
2

AUM over time

$128M $188M
May 16, 2018 Mar 11, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 11, 2026

Asset allocation (SMA assets by investment type)

as of Mar 11, 2026
Other
$69.5M 37%
US government & agency bonds
$58.3M 31%
Investment-grade corporate bonds
$31.9M 17%
State & local bonds
$16.9M 9%
Exchange-traded equities
$5.6M 3%
Cash & equivalents
$5.6M 3%

Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 0 $0
High net worth individuals 13 $10.3M 5.49%
Banking or thrift institutions 0 $0
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal government entities Fewer than 5 clients $178M 94.5%
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations and other businesses 10

People (2)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
William Joseph Kielczewski President And Director Of Sales And Trading Jun 2017 (9y) Less than 5%
Jennifer Jo Kielczewski Chief Compliance Officer Jul 2017 (9y) 75% or more

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/11/2026 997 KB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

Regulatory · Item 11.E(1), 11.E(2), 11.E(4) as of Mar 29, 2024

Allegations: BILL KIELCZEWSKI ACCUSED OF PRIVATE PLACEMENT TRANSACTIONS Status: On Appeal Sanction Detail: 18 MONTH SUSPENSION BEGINNING 7/16/2020 AFFECTING ALL CAPACITIES Summary: CURRENTLY ON APPEAL WITH FINRA EXPECTED TO HEAR APPEALS CASE MARCH 2021

Disclosure text reproduced verbatim from the firm's own Form ADV filings.

How they charge

  • Percentage of assets under management

Services

  • Portfolio management for individuals/small businesses
  • Portfolio management for businesses/institutional clients

Custody

Firm reports it does not have custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 11, 2026.

View current Form ADV (SEC/IAPD) ↗