Our History


Based in the Philadelphia suburb of Wayne, Pennsylvania, Conestoga Capital Advisors, LLC is an independent registered investment advisory firm that specializes in small and mid cap portfolio management. Our co-founders launched the firm in July 2001 by the purchase of assets from their prior organization (Martindale Andres & Co., a unit of M&T Bank), in a manner allowing for the porting of the GIPS Compliant track record from the inception date of December 31, 1998.

As of December 31, 2017, Conestoga presently manages approximately $2,765.8 Million in client assets. The firm has grown steadily since its inception and has remained 100% employee-owned. This is a defining feature of Conestoga, one that promotes our strategic initiatives and strengthens the culture of our firm. To ensure the diversity of ideas and development of new opportunities, our advisory roles overlap with one another. We believe this team-based approach to investing ensures a more comprehensive perspective that ultimately promotes our clients’ total financial well-being.



Conestoga Capital Advisors, LLC. (“Conestoga”) is an SEC registered investment adviser located in Wayne, Pennsylvania. Registration with the SEC as an investment adviser does not imply any certain level of skill or training. Conestoga’s website is limited to the dissemination of general information pertaining to its advisory services with additional access to commentaries, additional investment-related information and publications. Accordingly, Conestoga’s website publication on the internet should not be construed by any consumer and/or prospective client as Conestoga’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the internet.

A copy of Conestoga’s current written disclosure statement (Part 2 of Form ADV) discussing Conestoga’s advisory business services and fees is available on the website but also can be obtained via a direct verbal or written request. Conestoga does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Conestoga’s website or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users therefor should be guided accordingly.

Please remember that all investing involves risk. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment strategy or specific investment (including those undertaken or recommended by Conestoga), will be profitable or equal any historical performance level(s).

Ratings by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Conestoga is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Conestoga by any of its clients.

Certain portions of the Conestoga website (e.g. press, press releases, and quarterly commentaries, etc.) may contain a discussion of, and/or provide access to, Conestoga positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of or a substitute for, personalized advice from Conestoga, or from any other investment professional. Conestoga is neither an attorney nor an accountant, and no portion of the website content should be interpreted as legal, accounting or tax advice.