Delaware Avenue Advisors Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Delaware Avenue Advisors provides ongoing investment supervisory services and financial planning to individuals, high‑net‑worth clients, and pension/profit‑sharing plans. Its services include the preparation of individualized Investment Policy Statements and discretionary portfolio management, along with ERISA consulting offered in partnership with an external specialist.
The firm’s investment process is guided by client‑specific Investment Policy Statements and a combination of macroeconomic, fundamental, technical, and portfoliometric analysis to set asset allocation and monitor risk. It employs both active and passive strategies and may use long‑term positions as well as short sales, margin transactions, and options writing across its Alpha core, Beta core, and Income core portfolio types.
DAA is a small, two‑person investment team managing roughly $27 million in discretionary assets for about 85 client accounts and accepts written discretionary authority to execute trades. Compared with many peers, the brochure discloses documented adherence to the CFA Institute Asset Manager Code, a formal ERISA/401(k) consulting arrangement, and receipt of research/soft‑dollar benefits from its custodian — operational and research features that can influence fiduciary and execution considerations.
Client services
Expertise
Fee options
Financial planning fixed fees between $500 and $2,500, ERISA Fiduciary services may exceed $2,500 annually
$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
$90 - $150 per hour for financial planning; $120 - $175 per hour for fiduciary services
Account minimum: $250,000 Fee-only: Fixed fees between $500 and $2,500; hourly fees $90 - $150, fiduciary services $120 - $175/hour; flat fixed fees are negotiable
Main office
1207 Delaware Avenue, #Suite 202
Buffalo NY 14209
Advisors at this office
2
Most active in
New York
Also doing business as
Delaware Avenue Advisors Inc. · The Strategic Advisors · The Strategic Advisors Incorporated
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
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:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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. with a Series 65 designation and experience in various roles including AML compliance and retail positions. He previously worked at AML RightSource, Bigger and Better Bakery, Best Buy, and Watson Bowman Acme. Delaware Avenue Advisors provides investment supervisory services and financial planning to individuals, high-net-worth clients, and pension/profit-sharing plans. The firm uses a combination of active and passive strategies, guided by client-specific Investment Policy Statements and multiple analytical approaches, to manage approximately $27 million in discretionary assets.
Eugene C
CFA®, Series 63, Series 65
Buffalo, NY
Delaware Avenue Advisors Inc.
Eugene Chaas is a CFA® charterholder with four years of experience as a financial advisor at Delaware Avenue Advisors Inc. He has been a part-time lecturer at Buffalo State College since 2007, teaching courses in investments, estates, and corporate finance. Outside of his advisory and academic roles, he serves as the national treasurer of the Modern Whig Institute. Delaware Avenue Advisors provides investment supervisory services and financial planning to individuals, high-net-worth clients, and pension/profit-sharing plans. The firm integrates client-specific Investment Policy Statements with macroeconomic, fundamental, technical, and portfoliometric analysis, employing both active and passive strategies across various portfolio types.
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