Delaware Avenue Advisors Inc.

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Client assets under management

$26,500,000

Clients

0% high-net-worth

Advisors

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

Low

Average account size

$378,571

About

The firm provides ongoing discretionary portfolio management, financial planning (fixed-fee and hourly) and ERISA consulting to individuals — including high-net-worth clients — and retirement plans. It documents client goals and risk tolerances through an Investment Policy Statement and does not participate in wrap-fee programs.

Investment decisions are informed by macroeconomic, fundamental, technical and cyclical analysis and the firm may employ a range of strategies (long-term and short-term trading, short sales, margin transactions and options writing) with generally low-to-medium turnover. The adviser operates with discretionary trading authority, conducts weekly account reviews, and delivers custodian statements monthly with performance reporting on a quarterly basis.

The brochure discloses an ERISA consulting relationship with a third-party provider and asserts compliance with the CFA Institute Asset Manager Code, and it notes limited custody through direct fee deduction — features that distinguish its service mix. The advisory assets shown in the brochure are approximately $25.5 million discretionary and $1.5 million non‑discretionary, the firm has a $250,000 account minimum that may be waived, and the supplemental ADV Part 2B is referenced for other business activities (the place where the firm discloses additional roles such as insurance-related activities, a service less common among peers).

Client services

Financial planning Portfolio management

Expertise

Options & derivatives strategies Active portfolio management

Fee options

Fixed

Fixed fees between $500 and $2,500 for financial planning; ERISA services as flat annual retainer or hourly basis

Percentage

$100,000 - $249,999: 1.25% $250,000 - $749,999: 1.15% $750,000 - $1,249,999: 1.07% $1,250,000 - $2,499,999: 1.00% $2,500,000 - $5,000,000: 0.85% Above $5,000,000+: Negotiable

Project-based

$90-$150 per hour for financial planning; $120-$175 per hour for fiduciary services

Other

Account minimum: $250,000 (may be waived) Fee-only: Fixed fees between $500 and $2,500 for financial planning; hourly fees from $90 to $175 depending on service complexity; ERISA fiduciary services may exceed $2,500 annually

Main office location

Delaware Avenue Advisors Inc.

1207 Delaware Avenue, #Suite 202

Buffalo NY 14209, United States

Number of offices

Most active in

New York

Disclosures

Business activities & affiliations

Is active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Is not active or affiliated with:

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Website 716-633-4372

Advisors at this firm

Shaun L

Series 65

Buffalo, NY

Delaware Avenue Advisors Inc.

Shaun Laper is a financial advisor at Delaware Avenue Advisors Inc. in Buffalo, NY, holding a Series 65 credential with approximately nine years of combined experience in various industries including AML RightSource, retail, and manufacturing. Prior to his advisory role, he worked at AML RightSource and has experience in both corporate and entrepreneurial settings. Delaware Avenue Advisors provides discretionary portfolio management, financial planning, and ERISA consulting primarily to individuals, including high-net-worth clients, and retirement plans. The firm uses a range of investment strategies informed by macroeconomic and fundamental analysis and maintains discretionary trading authority with regular account reviews and performance reporting.

Options & derivatives strategies Active portfolio management

Eugene C

CFA®, Series 63, Series 65

Buffalo, NY

Delaware Avenue Advisors Inc.

Eugene Chaas is a CFA® charterholder and financial advisor at Delaware Avenue Advisors Inc. with three years of industry experience. He has worked at Raymond James Financial Services, Inc. since 1997 and serves as a part-time lecturer at Buffalo State College, teaching investments, estates, and corporate finance. Additionally, he holds the position of National Treasurer for the Modern Whig Institute. Delaware Avenue Advisors provides discretionary portfolio management, financial planning, and ERISA consulting to individuals, including high-net-worth clients, and retirement plans. The firm employs a range of investment strategies informed by macroeconomic, fundamental, technical, and cyclical analysis, operating with discretionary trading authority and conducting regular account reviews and performance reporting.

Options & derivatives strategies Active portfolio management

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