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KERSHNER, GROSSO & CO.
Legal name: KENNERMAN ASSOCIATE INC
CRD 105696File 801-25724
APPROVED
Retail clients
Custody
Filing as of Feb 26, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$825.5M
Above cohort median (national)
Discretionary AUM
$825.1M
Non-discretionary $351K
Clients
562
1,418 accounts
Employees
6
Above cohort median in NY
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- NYRO
- Registration date
- Sep 24, 1986
- Principal office
- 480 BROADWAY, STE 310, SARATOGA SPRING, NY, 12866-2285
- Phone
- 518-584-2600
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $825.5M
- Discretionary AUM
- $825.1M
- Non-discretionary AUM
- $351K
- Discretionary accounts
- 1,417
- Non-discretionary accounts
- 1
- Total accounts
- 1,418
- AUM per client
- $1.5M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 20 | $20.6M |
| High net worth individuals | 100 | $453.5M |
| Pension and profit sharing plans | 17 | $22.5M |
| Individuals (other than high net worth individuals) | 425 | $302.9M |
Compensation & activities
ADV Items 5E, 5GCompensation
- A percentage of assets under your management
Advisory activities
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Aug 17, 2026 | Clients | 570 | 562 | decreased by8 |
| Mar 1, 2026 | Employees | 4 | 6 | increased by2 |
| Mar 1, 2026 | Clients | 393 | 570 | increased by177 |
| Mar 1, 2026 | AUM | $524,701,866 | $825,450,300 | increased by$300,748,434 |
| Mar 1, 2026 | Accounts | 938 | 1,418 | increased by480 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 3 | 4 | increased by1 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 280 | 393 | increased by113 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $456,020,013 | $524,701,866 | increased by$68,681,853 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 729 | 938 | increased by209 |
| Apr 1, 2022 | Clients | 260 | 280 | increased by20 |
| Apr 1, 2022 | AUM | $444,104,106 | $456,020,013 | increased by$11,915,907 |
| Apr 1, 2022 | Accounts | 745 | 729 | decreased by16 |
| Sep 1, 2021 | Clients | 243 | 260 | increased by17 |
| Sep 1, 2021 | AUM | $387,684,496 | $444,104,106 | increased by$56,419,610 |
| Sep 1, 2021 | Accounts | 644 | 745 | increased by101 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “KERSHNER GROSSO” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“KERSHNER GROSSO” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.