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Armbruster Capital Management, Inc.

Updated today

Client assets under management

$898,245,209

Clients

462

56% high-net-worth

Advisors

7

of 9 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

66

Typical

Average account size

$1,944,254

About

Armbruster Capital Management serves individual and high-net-worth clients as well as institutions such as pension plans, trusts, and charitable organizations, offering discretionary portfolio management, financial planning advice at no additional charge, and sub‑advisory services. The firm operates on a fee‑only basis and states its fiduciary role in advising on account rollovers and transfers.

The firm’s investment approach emphasizes long‑term, buy‑and‑hold portfolios implemented primarily with low‑cost, index‑based ETFs and mutual funds, combined with quantitative tilts (size, value, momentum), periodic rebalancing, and selective use of alternative asset classes and individual bonds to manage risk and tax outcomes. Portfolios are customized to clients’ tax situations and preferences, and ACM discloses regular performance reporting and client statements as part of its review process.

What distinguishes ACM from many peers is its explicit disclosure of affiliations and third‑party relationships: the CEO’s concurrent role at Fischer Investment Group and the firm’s active pursuit of sub‑advisory relationships are described along with policies to segregate operations and limit information flow. The brochure also notes the firm’s use of borrowing (margin) in client accounts and explains how negative cash balances affect billing, and it documents that ACM provides public performance reporting (and advertises performance), a practice that is less common among similar team firms.

Client services

Financial planning Portfolio management

Expertise

Factor investing / smart beta Private / alternative investments Real estate investing

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Fee options

Percentage

$0 - $3,000,000: 0.60% annually >$3,000,000+: 0.40% annually

Other

Fee-only: Fee-only arrangement; no commissions or third-party compensation

Main office location

Armbruster Capital Management, Inc.

1250 Pittsford Victor Road, Building 100, Suite 180

Pittsford NY 14534, United States

Number of offices

1

Most active in

California · Florida · Massachusetts · New Hampshire · New York · North Carolina · Texas

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

Luca Z

CFA®

Pittsford, NY

Armbruster Capital Management, Inc.

Luca Zambito is a CFA® charterholder affiliated with Armbruster Capital Management, Inc. in Pittsford, NY, with two years of industry experience. His prior roles include positions at Citigroup and Landmark Wealth Management. Armbruster Capital Management serves individual and high-net-worth clients, as well as institutions such as pension plans, trusts, and charitable organizations, providing discretionary portfolio management, financial planning, and sub-advisory services. The firm emphasizes long-term, buy-and-hold strategies using low-cost, index-based ETFs and mutual funds combined with quantitative tilts and customized portfolios tailored to clients’ tax situations and preferences.

Factor investing / smart beta Private / alternative investments Real estate investing
user avatar

Evan C

Series 65

Pittsford, NY

Armbruster Capital Management, Inc.

Evan Carr is a financial advisor at Armbruster Capital Management, Inc. with three years of industry experience. He holds a Series 65 designation and previously worked at O'Keefe Stevens Advisory and Medtronic. Armbruster Capital Management serves individual and high-net-worth clients, as well as institutions such as pension plans, trusts, and charitable organizations, providing discretionary portfolio management, financial planning, and sub-advisory services on a fee-only basis. The firm’s investment approach focuses on long-term, buy-and-hold strategies using low-cost, index-based ETFs and mutual funds, combined with quantitative tilts and customized portfolio management based on clients’ tax situations and preferences.

Factor investing / smart beta Private / alternative investments Real estate investing
user avatar

Mark A

CFA®, Series 63

Pittsford, NY

Armbruster Capital Management, Inc.

Mark Armbruster is a CFA® charterholder with 12 years of industry experience. He is affiliated with Armbruster Capital Management, Inc. and has concurrently served as a portfolio manager at Fischer Investment Group since 2009, where he participates in a client referral program shared by both firms. Armbruster Capital Management serves individual, high-net-worth, and institutional clients, offering discretionary portfolio management, financial planning, and sub-advisory services. The firm employs a long-term, buy-and-hold investment approach focused on low-cost, index-based ETFs and mutual funds, enhanced by quantitative strategies, periodic rebalancing, and selective use of alternative assets and bonds.

Factor investing / smart beta Private / alternative investments Real estate investing
user avatar

Rudolph W

Series 65

Pittsford, NY

Armbruster Capital Management, Inc.

Rudolph Warren is a financial advisor at Armbruster Capital Management, Inc. with 4 years of industry experience. He holds a Series 65 designation and has been with Armbruster Capital Management since 2013. Outside of his advisory role, he is the managing member of Rabbit Hutch Associates LLC, a real estate development company, and serves as treasurer for RTR Transportation Corp. Armbruster Capital Management serves individual, high-net-worth, and institutional clients, providing discretionary portfolio management, financial planning, and sub-advisory services on a fee-only basis. The firm’s investment approach focuses on long-term, buy-and-hold portfolios using primarily low-cost, index-based ETFs and mutual funds with quantitative tilts and customizations to client tax situations.

Factor investing / smart beta Private / alternative investments Real estate investing
user avatar

Tarryn R

Series 65

Pittsford, NY

Armbruster Capital Management, Inc.

Tarryn Rozen is a financial advisor at Armbruster Capital Management, Inc. with seven years of industry experience. She holds a Series 65 credential and has been with Armbruster Capital since 2015. Prior to this, she was involved with Camp Susquehannock Inc. for ten years. Armbruster Capital Management serves individual and high-net-worth clients as well as institutions, providing discretionary portfolio management, financial planning, and sub-advisory services. The firm’s investment approach focuses on long-term, buy-and-hold portfolios using low-cost, index-based ETFs and mutual funds, quantitative strategies, and customized risk and tax management.

Factor investing / smart beta Private / alternative investments Real estate investing
user avatar

Christopher C

Series 65

Pittsford, NY

Armbruster Capital Management, Inc.

Christopher Cebula is a financial advisor at Armbruster Capital Management, Inc. in Pittsford, NY, holding a Series 65 designation with six years of industry experience. He has been with Armbruster Capital Management since 2013. Armbruster Capital Management serves individual and high-net-worth clients as well as institutional investors like pension plans, trusts, and charitable organizations, offering discretionary portfolio management, financial planning advice, and sub-advisory services on a fee-only basis. The firm emphasizes long-term, buy-and-hold portfolios primarily using low-cost, index-based ETFs and mutual funds, incorporating quantitative tilts, rebalancing, and selective use of alternative assets and bonds to manage risk and tax outcomes.

Factor investing / smart beta Private / alternative investments Real estate investing
user avatar

Craig J

Series 65

Pittsford, NY

Armbruster Capital Management, Inc.

Craig Julien is a financial advisor at Armbruster Capital Management, Inc. in Pittsford, NY, holding a Series 65 credential with seven years of industry experience. He has been with Armbruster Capital Management since 2017 and previously worked at EFPR Group for 17 years. Armbruster Capital Management serves individual and high-net-worth clients as well as institutions, providing discretionary portfolio management, financial planning, and sub-advisory services on a fee-only basis. The firm employs a long-term, buy-and-hold investment approach using low-cost, index-based ETFs and mutual funds, supplemented by quantitative factors and selective alternative assets tailored to clients’ tax situations and preferences.

Factor investing / smart beta Private / alternative investments Real estate investing
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