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

PWA WEALTH MANAGEMENT

PRIVATE WEALTH ADVISORS, INC., CRD 126927

GREENSBURG, 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:ca03bb03-0e3c-0eda-ad52-ba5567210c51

Data as of Jan 11, 2021 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 11:24 AM UTC and rebuilt at most every 15 minutes.

Relationships: 31
Dated events: 3
On other graphs: 1
Observed: Dec 23, 2011 to Jan 11, 2021
34 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Allocatorsidentity

PWA Wealth Management

Investment consultant · shared crd

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: $575MItem 5.F on the latest filing (2021-01-11); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $574M
Private client RAUM: $503MderivedItem 5.D individuals plus high net worth individuals
Private client share: 88%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 13
Advisory employees: 8
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 2,209
Individual clients: 795
High net worth clients: 159
Custody, client assets: $26.3M
SEC number: 801-62312
CRD: 126927
Filings on the tape: 34
First filed: Dec 23, 2011
Latest filed: Jan 11, 2021
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
Divens, Michael, Arthur	CHIEF INVESTMENT OFFICER	Na	yes	01/2019	Jul 23, 2019	Jan 11, 2021
DRESKLER, JOSEPH JR, STEVEN	CHIEF FINANCIAL OFFICER	Na	yes	01/2019	Jul 23, 2019	Jan 11, 2021
SCARPO, ANTHONY, NICHOLAS	CHIEF COMPLIANCE OFFICER/PRESIDENT/GENERAL COUNSEL	Na	yes	07/2019	Jul 23, 2019	Jan 11, 2021
SCARPO, JOSEPH, ANTHONY	CEO/OWNER	E	yes	07/2015	Dec 23, 2011	Jan 11, 2021

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
CAPFINANCIAL PARTNERS, LLC	n/a	Institutional manager	$1237B	N	yes	n/a
CAPFINANCIAL SECURITIES, LLC.	n/a	Former SEC adviser	$116B	N	yes	n/a
PENSIONMARK FINANCIAL GROUP, LLC	n/a	Other adviser	$72B	N	yes	n/a
PRIVATE WEALTH ADVISORS REAL ESTATE PARTNERSHIP III, LLC	n/a	n/a	n/a	N	yes	n/a
PWA GNCC, INC.	n/a	n/a	n/a	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Pittsburgh	Pa	United States	1	no
n/a	n/a	n/a	1	no

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
2019	Mar 27, 2020	$575M	$574M	13	8	2	n/a	n/a
2018	Mar 29, 2019	$649M	$649M	15	9	2	n/a	n/a
2017	Mar 29, 2018	$659M	$659M	12	9	3	n/a	n/a
2016	Mar 30, 2017	$582M	$582M	15	9	n/a	n/a	n/a
2015	Mar 30, 2016	$906M	$684M	18	10	n/a	n/a	n/a
2014	Mar 31, 2015	$943M	$720M	20	10	n/a	n/a	n/a
2013	Mar 27, 2014	$912M	$698M	19	9	n/a	n/a	n/a
2012	Mar 22, 2013	$807M	$623M	20	13	n/a	n/a	n/a
2011	Mar 30, 2012	$770M	$607M	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
2019	$575M	$649M	-11.5%	$582M	-0.4%	13	15	2	2

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
Captrust	9	Mar 31, 2021	Jan 20, 2021	GREENSBURG, PA	Firm absorbed	Other	100.0%
COMMONWEALTH FINANCIAL NETWORK	2	Sep 10, 2019	Aug 23, 2019	GREENSBURG, PA	Team lift out	RIA to ibd	16.7%
JMS CAPITAL GROUP WEALTH SERVICES, LLC	2	Jun 8, 2017	Feb 19, 2016	GREENSBURG, PA	Team lift out	Other	22.2%

Relationships

Affiliated with (3)

→ CAPTRUST FINANCIAL ADVISORSRegistered adviserbroker-dealer, common control
factForm ADV
→ CAPTRUSTRegistered adviserother investment adviser, common control
factForm ADV
→ WORLD INVESTMENT ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV

Controls (4)

← SCARPO, JOSEPH, ANTHONYOwnerCEO/OWNER, ownership code E, individual
Dec 23, 2011 to presentfactForm ADV
← Divens, Michael, ArthurOwnerCHIEF INVESTMENT OFFICER, ownership code NA, individual
Jul 23, 2019 to presentfactForm ADV
← SCARPO, ANTHONY, NICHOLASOwnerCHIEF COMPLIANCE OFFICER/PRESIDENT/GENERAL COUNSEL, ownership code NA, individual
Jul 23, 2019 to presentfactForm ADV
← DRESKLER, JOSEPH JR, STEVENOwnerCHIEF FINANCIAL OFFICER, ownership code NA, individual
Jul 23, 2019 to presentfactForm ADV

Registered with (20)

← JODY ANN WERNERAdvisorregistration: previous registration
Mar 22, 2004 to Mar 31, 2021factForm ADV
← PAULA MARIE TREMBAAdvisorregistration: previous registration
Jun 25, 2018 to Mar 31, 2021factForm ADV
← Joseph Anthony ScarpoAdvisorregistration: previous registration
Mar 29, 2004 to Mar 31, 2021factForm ADV
← MICHAEL JOHN PASSALINQUAAdvisorregistration: previous registration
Mar 19, 2004 to Mar 31, 2021factForm ADV
← JEFFREY J HEASLEYAdvisorregistration: previous registration
Mar 11, 2009 to Mar 31, 2021factForm ADV
← KEITH PATRICK BISKUPAdvisorregistration: previous registration
Nov 9, 2004 to Mar 31, 2021factForm ADV
← NICHOLAS MICHAEL WILSONAdvisorregistration: previous registration
Jun 19, 2018 to Mar 31, 2021factForm ADV
← Joseph Corey HowardAdvisorregistration: previous registration
Jul 16, 2019 to Mar 31, 2021factForm ADV
← ANTHONY NICHOLAS SCARPOAdvisorregistration: previous registration
Oct 4, 2018 to Mar 31, 2021factForm ADV
← Michael Arthur DivensAdvisorregistration: previous registration
Sep 26, 2018 to Mar 1, 2021factForm ADV
← DANIEL PATRICK MCCURRYAdvisorregistration: previous registration
Oct 10, 2007 to Sep 10, 2019factForm ADV
← STUART MARC MILLERAdvisorregistration: previous registration
Mar 19, 2004 to Sep 10, 2019factForm ADV
← MELISSA TSAGGARIS CORSOAdvisorregistration: previous registration
Jan 28, 2011 to Jun 8, 2017factForm ADV
← SCOTT WILLIAM MILLERAdvisorregistration: previous registration
Mar 19, 2004 to Jun 8, 2017factForm ADV
← JOHN MARTIN SCHNEIDERAdvisorregistration: previous registration
Mar 19, 2004 to Jan 18, 2017factForm ADV
← LISA JOYCE DELISIOAdvisorregistration: previous registration
May 23, 2011 to Jul 15, 2014factForm ADV
← DAVID LEE RISHELAdvisorregistration: previous registration
Mar 19, 2004 to Mar 1, 2013factForm ADV
← TIMOTHY MICHAEL SEABOLTAdvisorregistration: previous registration
May 25, 2011 to Feb 29, 2012factForm ADV
← MICHELLE LYNN BENDERAdvisorregistration: previous registration
Apr 21, 2008 to Sep 27, 2010factForm ADV
← CAITLIN NMN CULLYAdvisorregistration: previous registration
Sep 19, 2008 to Mar 23, 2010factForm ADV

Moved with (3)

→ CAPTRUSTRegistered adviser9 advisors, firm absorbed, same day
Mar 31, 2021 to Jan 20, 2021factForm ADV
→ COMMONWEALTH FINANCIAL NETWORKRegistered adviser2 advisors, team lift out, same day
Sep 10, 2019 to Aug 23, 2019factForm ADV
→ JMS CAPITAL GROUP WEALTH SERVICES, LLCRegistered adviser2 advisors, team lift out, same day
Jun 8, 2017 to Feb 19, 2016factForm ADV

Dated events

Occurred
Jul 23, 2019
Control person joined
Arthur Michael Divens (Chief Investment Officer) appeared on Schedule A of Pwa Wealth Management
Form ADVobserved 6 days ago
Occurred
Jul 23, 2019
Control person joined
Nicholas Anthony Scarpo (Chief Compliance Officer/President/General Counsel) appeared on Schedule A of Pwa Wealth Management
Form ADVobserved 6 days ago
Occurred
Jul 23, 2019
Control person joined
Steven Joseph Jr Dreskler (Chief Financial Officer) appeared on Schedule A of Pwa Wealth Management
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:ca03bb03-0e3c-0eda-ad52-ba5567210c51
First observed: Dec 23, 2011
Last observed: Jan 11, 2021 69 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.

PWA WEALTH MANAGEMENT

PRIVATE WEALTH ADVISORS, INC., CRD 126927

GREENSBURG, 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:ca03bb03-0e3c-0eda-ad52-ba5567210c51

Data as of Jan 11, 2021 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 11:24 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

Divens, Michael, Arthur

CHIEF INVESTMENT OFFICER

yes

01/2019

Jul 23, 2019

Jan 11, 2021

DRESKLER, JOSEPH JR, STEVEN

CHIEF FINANCIAL OFFICER

yes

01/2019

Jul 23, 2019

Jan 11, 2021

SCARPO, ANTHONY, NICHOLAS

CHIEF COMPLIANCE OFFICER/PRESIDENT/GENERAL COUNSEL

yes

07/2019

Jul 23, 2019

Jan 11, 2021

SCARPO, JOSEPH, ANTHONY

CEO/OWNER

yes

07/2015

Dec 23, 2011

Jan 11, 2021

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

CAPFINANCIAL PARTNERS, LLC

n/a

Institutional manager

$1237B

yes

n/a

CAPFINANCIAL SECURITIES, LLC.

n/a

Former SEC adviser

$116B

yes

n/a

PENSIONMARK FINANCIAL GROUP, LLC

n/a

Other adviser

$72B

yes

n/a

PRIVATE WEALTH ADVISORS REAL ESTATE PARTNERSHIP III, LLC

n/a

yes

n/a

PWA GNCC, INC.

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Pittsburgh

United States

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2019

Mar 27, 2020

$575M

$574M

n/a

2018

Mar 29, 2019

$649M

n/a

2017

Mar 29, 2018

$659M

n/a

2016

Mar 30, 2017

$582M

n/a

2015

Mar 30, 2016

$906M

$684M

n/a

2014

Mar 31, 2015

$943M

$720M

n/a

2013

Mar 27, 2014

$912M

$698M

n/a

2012

Mar 22, 2013

$807M

$623M

n/a

2011

Mar 30, 2012

$770M

$607M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2019

$575M

$649M

-11.5%

$582M

-0.4%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

Captrust

Mar 31, 2021

Jan 20, 2021

GREENSBURG, PA

Firm absorbed

Other

100.0%

COMMONWEALTH FINANCIAL NETWORK

Sep 10, 2019

Aug 23, 2019

GREENSBURG, PA

Team lift out

RIA to ibd

16.7%

JMS CAPITAL GROUP WEALTH SERVICES, LLC

Jun 8, 2017

Feb 19, 2016

GREENSBURG, PA

Team lift out

Other

22.2%