Procyon
Registered investment adviser · Shelton, CT · CRD #288239
Form ADV data as of 2026-09-01Regulatory assets
$9.20 billion
Total accounts
8,716
Employees
76
Disclosure events
3
Firm details
- Website: https://www.linkedin.com/company/18096239/admin/updates/
- Telephone: (475) 232-2704
- SEC file number: 801-110493
- Most recent Form ADV filing: 2026-07-28
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 2 disclosure questions answered Yes, covering 3 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- A self-regulatory organization found a violation of its rules
- A self-regulatory organization expelled, suspended, barred, or restricted the firm
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $3.54 billion |
| Non-discretionary regulatory assets under management | $5.66 billion |
| Total regulatory assets under management | $9.20 billion |
| Discretionary accounts | 8,535 |
| Non-discretionary accounts | 181 |
| Total accounts | 8,716 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 76 |
| Employees performing investment advisory functions (including research) | 49 |
| Employees who are registered representatives of a broker-dealer | 1 |
| Employees registered as investment adviser representatives with a state | 49 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 8 |
| Firms or persons who solicit advisory clients on the firm's behalf | 7 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $1.34 billion |
| Clients for whom the firm has custody | 2,012 |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 3 |
How the firm is compensated
Advisory services offered
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Brokers or dealers selected under 8.C.(3) are related persons
- Recommends brokers or dealers to clients
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
- Receives compensation from others for client referrals
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 2,084 | $574.1 million |
| High net worth individuals | 691 | $2.84 billion |
| Pooled investment vehicles (other than investment companies and BDCs) | 2 | $43.1 million |
| Pension and profit sharing plans (not the participants or government plans) | 156 | $4.91 billion |
| State or municipal government entities (including government pension plans) | 12 | $479.3 million |
| Corporations or other businesses not listed above | 103 | $350.5 million |