Investment adviser · CRD 104690

ALLEGHENY FINANCIAL GROUP

Investment adviser filing (IA)

PITTSBURGH, PA, United States · Form ADV filed Aug 24, 2026

Regulatory AUM
$5.59B
Form ADV · Item 5.F
Client accounts
14,030
Accounts, not individual clients
Employees
103
Reported in this filing
Advisory professionals
28
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
High-net-worth individuals1,337$4,499,103,61980.4%
Individuals2,583$802,923,02114.4%
Pooled investment vehicles13$155,582,0932.8%
Corporations & businesses13$72,600,7681.3%
Charities20$47,316,8160.8%
Retirement plans5$16,065,5510.3%
Filing source

Form ADV 2127826 · Aug 24, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

13 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

AFG-SBLPrivate Equity Fund · Last reported Aug 24, 2026$3.89MGross asset value

Form D fundraising filings

AFG-SBL LLC

Fund administrator UMB FUND SERVICES, INC CHADDS FORD, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor LALLY & CO LLC PITTSBURGH, Pennsylvania, United States
Custodian FIDELITY BROKERAGE SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

LALLY & CO LLC
PCAOB 3578

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

Fund details & source
Fund ID
805-3621666520
Reported beneficial owners
3
Minimum commitment
$250K
Form D file number
021-364649

Form ADV 2127826 · Aug 24, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AFG-PECA IIPrivate Equity Fund · Last reported Aug 24, 2026$3.86MGross asset value
Auditor LALLY & CO LLC PITTSBURGH, Pennsylvania, United States
Custodian FIDELITY BROKERAGE SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

LALLY & CO LLC
PCAOB 3578

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

Fund details & source
Fund ID
805-2660604991
Reported beneficial owners
3
Minimum commitment
$250K

Form ADV 2127826 · Aug 24, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AFG - GUARDIANPrivate Equity Fund · Last reported Aug 24, 2026$3.1MGross asset value

Form D fundraising filings

AFG-Guardian I LLC

Auditor LALLY & CO LLC PITTSBURGH, Pennsylvania, United States
Custodian FIDELITY BROKERAGE SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

LALLY & CO LLC
PCAOB 3578

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

Fund details & source
Fund ID
805-1813032687
Reported beneficial owners
2
Minimum commitment
$250K
Form D file number
021-545422

Form ADV 2127826 · Aug 24, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AFG-SBL IIPrivate Equity Fund · Last reported Aug 24, 2026$2.91MGross asset value

Form D fundraising filings

AFG-SBL II, LLC

Fund administrator UMB FUND SERVICES, INC CHADDS FORD, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor LALLY & CO LLC PITTSBURGH, Pennsylvania, United States
Custodian FIDELITY BROKERAGE SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

LALLY & CO LLC
PCAOB 3578

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

Fund details & source
Fund ID
805-6345825628
Reported beneficial owners
3
Minimum commitment
$250K
Form D file number
021-416273

Form ADV 2127826 · Aug 24, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PECA IIIPrivate Equity Fund · Last reported Aug 24, 2026$2.41MGross asset value
Auditor LALLY & CO LLC PITTSBURGH, Pennsylvania, United States
Custodian FIDELITY BROKERAGE SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

LALLY & CO LLC
PCAOB 3578

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

Fund details & source
Fund ID
805-9656539226
Reported beneficial owners
2
Minimum commitment
$250K

Form ADV 2127826 · Aug 24, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AFG REAL ESTATE OPPORTUNITIES FUND LPReal Estate Fund · Last reported Aug 24, 2026$1.74MGross asset value
Custodian FIDELITY BROKERAGE SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

Fund details & source
Fund ID
805-4527451207
Reported beneficial owners
4
Minimum commitment
$250K
Form D file number
021-109680

Form ADV 2127826 · Aug 24, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Aug 24, 2026. View historical filings

Reported services

Financial planning · Individual portfolio management · Pooled investment vehicle management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets · Hourly · Fixed

Principal office

STONE QUARRY CROSSING, 811 CAMP HORNE ROAD, SUITE 100
PITTSBURGH, PA, 15237, United States

CRD 104690

Filing source

Form ADV 2127826 · Aug 24, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.