DFX Intelligence

Data Factory

RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

ANDESA FINANCIAL MANAGEMENT, INC.

CRD 131702

ALLENTOWN, PA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:1b988f06-a026-679c-4de9-4f16dccaa5c8

Data as of Apr 25, 2023 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:54 PM UTC and rebuilt at most every 15 minutes.

Relationships: 12
Dated events: 4
On other graphs: 0
Observed: Mar 5, 2012 to Apr 25, 2023
34 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $361MItem 5.F on the latest filing (2023-04-25); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $333M
Private client RAUM: $358MderivedItem 5.D individuals plus high net worth individuals
Private client share: 99%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 5
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 849
Individual clients: 188
High net worth clients: 120
Custody, client assets: $1.6M
SEC number: 801-67683
CRD: 131702
Filings on the tape: 34
First filed: Mar 5, 2012
Latest filed: Apr 25, 2023
Organised: Corporation, Pennsylvania

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BAITTINGER, MICHAEL, DAVID	Principal	Na	yes	11/2006	Mar 5, 2012	Apr 25, 2023
BARBEHENN, PAUL, CURTIS	PRINCIPAL & CHIEF COMPLIANCE OFFICER	Na	yes	08/2006	Mar 5, 2012	Apr 25, 2023
BRIGGS, MALCOLM, NORTHRUP	Shareholder	Na	yes	01/2009	Mar 5, 2012	Apr 25, 2023
MERCER GLOBAL ADVISORS INC.	PARENT COMPANY	E	yes	03/2023	Apr 17, 2023	Apr 25, 2023
SHEPTOCK, KELLY, JUSTINE	SENIOR ASSOCIATE AND SHAREHOLDER	Na	no	01/2023	Mar 10, 2023	Apr 25, 2023

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2022	Mar 10, 2023	$361M	$333M	5	3	0	n/a	n/a
2021	Mar 28, 2022	$400M	$370M	5	3	0	n/a	n/a
2020	Feb 18, 2021	$337M	$307M	5	3	0	n/a	n/a
2019	Feb 7, 2020	$308M	$271M	4	2	0	n/a	n/a
2018	Feb 20, 2019	$255M	$215M	4	2	1	n/a	n/a
2017	Feb 22, 2018	$264M	$223M	4	2	0	n/a	n/a
2016	Feb 16, 2017	$233M	$192M	4	2	n/a	n/a	n/a
2015	Feb 25, 2016	$200M	$162M	5	2	n/a	n/a	n/a
2014	Mar 3, 2015	$199M	$152M	5	2	n/a	n/a	n/a
2013	Mar 10, 2014	$189M	$189M	5	3	n/a	n/a	n/a
2012	Feb 27, 2013	$153M	$153M	5	3	n/a	n/a	n/a
2011	Mar 5, 2012	$132M	$132M	n/a	n/a	n/a	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2022	$361M	$400M	-9.7%	$308M	5.4%	5	5	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
MERCER GLOBAL ADVISORS INC.	2	May 9, 2023	Apr 10, 2023	ALLENTOWN, PA	Team lift out	RIA to RIA	66.7%

Relationships

Controls (4)

← MERCER GLOBAL ADVISORS INC.OwnerPARENT COMPANY, ownership code E, domestic entity
Apr 17, 2023 to presentfactForm ADV
← BAITTINGER, MICHAEL, DAVIDOwnerPRINCIPAL, ownership code NA, individual
Mar 5, 2012 to presentfactForm ADV
← BRIGGS, MALCOLM, NORTHRUPOwnerSHAREHOLDER, ownership code NA, individual
Mar 5, 2012 to presentfactForm ADV
← BARBEHENN, PAUL, CURTISOwnerPRINCIPAL & CHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 5, 2012 to presentfactForm ADV

Owns (1)

← SHEPTOCK, KELLY, JUSTINEOwnerSENIOR ASSOCIATE AND SHAREHOLDER, ownership code NA, individual
Mar 10, 2023 to presentfactForm ADV

Registered with (6)

← MICHAEL DAVID BAITTINGERAdvisorregistration: previous registration
May 4, 2007 to May 9, 2023factForm ADV
← PAUL CURTIS BARBEHENNAdvisorregistration: previous registration
Oct 1, 2004 to May 9, 2023factForm ADV
← KELLY JUSTINE ALBERTAdvisorregistration: previous registration
Jun 15, 2020 to May 9, 2023factForm ADV
← RODMAN DEHART YOUNGAdvisorregistration: previous registration
Oct 1, 2004 to Oct 24, 2008factForm ADV
← JACLYN MARIE CORNELIUSAdvisorregistration: previous registration
Oct 1, 2004 to Nov 21, 2007factForm ADV
← DOUGLAS ROBYN MACGRAYAdvisorregistration: previous registration
Oct 1, 2004 to Aug 26, 2006factForm ADV

Moved with (1)

→ MERCER GLOBAL ADVISORS INC.Registered adviser2 advisors, team lift out, same day
May 9, 2023 to Apr 10, 2023factForm ADV

Dated events

Occurred
May 9, 2023
Team lift-out
2 advisors left Andesa Financial Management, Inc. (Allentown, PA) for Mercer Global Advisors Inc. on the same day
Form ADVobserved 4 days ago
2 advisors
Occurred
May 9, 2023
Advisor changed firm
Michael David Baittinger left Andesa Financial Management, Inc. for Mercer Global Advisors Inc. (registered 2023-04-10)
Form ADVobserved 4 days ago
Occurred
May 9, 2023
Advisor changed firm
Kelly Justine Albert left Andesa Financial Management, Inc. for Mercer Global Advisors Inc. (registered 2023-04-06)
Form ADVobserved 4 days ago
Occurred
May 9, 2023
Advisor changed firm
Paul Curtis Barbehenn left Andesa Financial Management, Inc. for Andesa Strategies, Inc. (registered 2004-10-14)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:1b988f06-a026-679c-4de9-4f16dccaa5c8
First observed: Mar 5, 2012
Last observed: Apr 25, 2023 41 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

ANDESA FINANCIAL MANAGEMENT, INC.

CRD 131702

ALLENTOWN, PA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:1b988f06-a026-679c-4de9-4f16dccaa5c8

Data as of Apr 25, 2023 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:54 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BAITTINGER, MICHAEL, DAVID

Principal

yes

11/2006

Mar 5, 2012

Apr 25, 2023

BARBEHENN, PAUL, CURTIS

PRINCIPAL & CHIEF COMPLIANCE OFFICER

yes

08/2006

Mar 5, 2012

Apr 25, 2023

BRIGGS, MALCOLM, NORTHRUP

Shareholder

yes

01/2009

Mar 5, 2012

Apr 25, 2023

MERCER GLOBAL ADVISORS INC.

PARENT COMPANY

yes

03/2023

Apr 17, 2023

Apr 25, 2023

SHEPTOCK, KELLY, JUSTINE

SENIOR ASSOCIATE AND SHAREHOLDER

01/2023

Mar 10, 2023

Apr 25, 2023

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2022

Mar 10, 2023

$361M

$333M

n/a

2021

Mar 28, 2022

$400M

$370M

n/a

2020

Feb 18, 2021

$337M

$307M

n/a

2019

Feb 7, 2020

$308M

$271M

n/a

2018

Feb 20, 2019

$255M

$215M

n/a

2017

Feb 22, 2018

$264M

$223M

n/a

2016

Feb 16, 2017

$233M

$192M

n/a

2015

Feb 25, 2016

$200M

$162M

n/a

2014

Mar 3, 2015

$199M

$152M

n/a

2013

Mar 10, 2014

$189M

n/a

2012

Feb 27, 2013

$153M

n/a

2011

Mar 5, 2012

$132M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2022

$361M

$400M

-9.7%

$308M

5.4%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

MERCER GLOBAL ADVISORS INC.

May 9, 2023

Apr 10, 2023

ALLENTOWN, PA

Team lift out

RIA to RIA

66.7%