Excelsior Investment Advisors, Llc
- Regulatory AUM
- $23.9M
- Discretionary
- $23.9M
- Clients
- 13
- Avg AUM / client
- $1.8M
- Accounts
- 81
- Employees
- 1
AUM over time
Annual snapshots from Form ADV filings · as of Feb 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 5 | $3.4M | 14.4% |
| High net worth individuals | 8 | $20.4M | 85.6% |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Carl August Friedrich | Cio | CFP CFA | Nov 2020 (6y) | ≈ 37.5% – 75% via Friedrich Perrino Llc |
| Perrino, Stephen, T | Coo & Cco | Nov 2020 (6y) | ≈ 37.5% – 75% via Friedrich Perrino Llc |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Friedrich Perrino Llc | Holding Company | Nov 2020 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Carl August Friedrich: 50% – 75% of Friedrich Perrino Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Perrino, Stephen, T: 50% – 75% of Friedrich Perrino Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
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)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 02/24/2026 | 1.01 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- Charles Schwab & Co. $16.5M (69% of AUM) Feb 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Feb 24, 2026.
View current Form ADV (SEC/IAPD) ↗