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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 1b 10b

VALLEY FORGE ASSET MANAGEMENT, LLC

CRD 7438

KING OF PRUSSIA, PA

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Search this name across graphsid dfx:ria:e1f5e8a4-fac1-9daf-b832-f675029346f1

Data as of Feb 5, 2016 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 9:59 PM UTC and rebuilt at most every 15 minutes.

Relationships: 47
Dated events: 1
On other graphs: 0
Observed: Dec 21, 2011 to Feb 5, 2016
20 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: $2.2BItem 5.F on the latest filing (2016-02-05); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $2.0B
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 32
Advisory employees: 20
Accounts: 1,955
Custody, client assets: $1.2B
SEC number: 801-25300
CRD: 7438
Filings on the tape: 20
First filed: Dec 21, 2011
Latest filed: Feb 5, 2016
Organised: Limited Liability Company, 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
BB&T CORPORATION	Owner	E	yes	08/2015	Aug 18, 2015	Feb 5, 2016
BORN, DONALD LOUIS	SENIOR VICE PRESIDENT & MANAGER	Na	yes	01/1982	Dec 21, 2011	Feb 5, 2016
CORACE, FRANK CHARLES	SENIOR VICE PRESIDENT & MANAGER	Na	yes	01/1977	Dec 21, 2011	Feb 5, 2016
CRAM, BRYAN SCOTT	Manager	Na	yes	08/2015	Aug 18, 2015	Feb 5, 2016
FOLLMAN, SR, JOHN PHILIP SR	Manager	Na	yes	08/2001	Dec 21, 2011	Feb 5, 2016
FRANCIS, BERNARD ALLEN JR	CEO, PRESIDENT, CHAIRMAN OF THE BOARD	Na	yes	08/2015	Dec 21, 2011	Feb 5, 2016
GIBBEL, HENRY HERSHBERGER	Manager	Na	yes	03/2000	Dec 21, 2011	Feb 5, 2016
GIBSON, JAMES EDWARD	CHIEF OPERATING OFFICER, CHIEF INVESTMENT OFFICER & MANAGER	Na	yes	01/2014	Dec 21, 2011	Feb 5, 2016
MERINAR, DENISE KATHLEEN	HEAD OF VFAM, MANAGER	Na	yes	08/2015	Aug 18, 2015	Feb 5, 2016
ROSE, M. ZEV	Manager	Na	yes	11/2000	Dec 21, 2011	Feb 5, 2016
HOSTETTER, DREW KEVIN	Manager	Na	no	02/2014	Mar 31, 2014	Feb 5, 2016
MALLOY, KELLY CARTER	SENIOR VICE PRESIDENT, SECRETARY	Na	no	06/2001	Dec 21, 2011	Feb 5, 2016
MCCALLUM, JEFFREY SCOTT	SENIOR VICE PRESIDENT	Na	no	12/2008	Dec 21, 2011	Feb 5, 2016
SWALLOW, MICHAEL FRANCIS	CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF ADMINISTRATIVE OFFICER, SENIOR VICE PRESIDENT & TREASURER	Na	no	08/2015	Dec 21, 2011	Feb 5, 2016

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
STERLING CAPITAL MANAGEMENT LLC	n/a	Other adviser	$69B	N	yes	n/a
BB&T SECURITIES, LLC	n/a	Former SEC adviser	$26B	N	yes	n/a
BB&T INSTITUTIONAL INVESTMENT ADVISERS, INC.	n/a	Former SEC adviser	$9.0B	N	yes	n/a
STRATTON MANAGEMENT COMPANY	n/a	Former SEC adviser	$1.1B	N	yes	n/a
BB&T INVESTMENT SERVICES, INC.	n/a	Former SEC adviser	$1.1B	N	yes	n/a
BB&T BANK (FORMERLY SUSQUEHANNA BANK)	n/a	n/a	n/a	N	yes	n/a
BB&T CORPORATION	n/a	n/a	n/a	Y	no	n/a
BRANCH BANKING & TRUST COMPANY	n/a	n/a	n/a	N	yes	Pa
P.J. ROBB VARIABLE CORPORATION	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
Wilmington	De	United States	n/a	no
n/a	n/a	n/a	n/a	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
2015	Feb 5, 2016	$2.2B	$2.0B	32	20	n/a	n/a	n/a
2014	Mar 10, 2015	$2.8B	$2.5B	41	28	n/a	n/a	n/a
2013	Jan 23, 2014	$2.9B	$2.7B	48	34	n/a	n/a	n/a
2012	Mar 21, 2013	$3.5B	$3.3B	56	39	n/a	n/a	n/a
2011	Jan 23, 2012	$3.5B	$3.3B	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
2015	$2.2B	$2.8B	-20.0%	$3.5B	-14.2%	32	41	n/a	n/a

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
BB&T SECURITIES, LLC	4	Mar 30, 2016	Mar 1, 2016	KING OF PRUSSIA, PA	Firm absorbed	Other	66.7%
BB&T INVESTMENT SERVICES, INC.	3	Aug 3, 2015	Sep 25, 2015	KING OF PRUSSIA, PA	Channel change	Other	23.1%

Relationships

Affiliated with (6)

→ STRATTON MANAGEMENT COMPANYRegistered adviserother investment adviser, common control
factForm ADV
→ BB&T INSTITUTIONAL INVESTMENT ADVISERS, INC.Registered adviserother investment adviser, LP sponsor, common control
factForm ADV
→ STERLING CAPITAL MANAGEMENT LLCRegistered adviserother investment adviser, common control
factForm ADV
→ BB&T SECURITIES, LLCRegistered adviserother investment adviser, broker-dealer, common control
factForm ADV
→ BB&T INVESTMENT SERVICES, INC.Registered adviserother investment adviser, broker-dealer, common control
factForm ADV
← STRATTON MANAGEMENT COMPANYRegistered adviserother investment adviser, broker-dealer, LP sponsor, common control
factForm ADV

Owns (4)

← MALLOY, KELLY CARTEROwnerSENIOR VICE PRESIDENT, SECRETARY, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← SWALLOW, MICHAEL FRANCISOwnerCHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF ADMINISTRATIVE OFFICER, SENIOR VICE PRESIDENT & TREASURER, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← HOSTETTER, DREW KEVINOwnerMANAGER, ownership code NA, individual
Mar 31, 2014 to presentfactForm ADV
← MCCALLUM, JEFFREY SCOTTOwnerSENIOR VICE PRESIDENT, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV

Controls (10)

← BORN, DONALD LOUISOwnerSENIOR VICE PRESIDENT & MANAGER, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← GIBSON, JAMES EDWARDOwnerCHIEF OPERATING OFFICER, CHIEF INVESTMENT OFFICER & MANAGER, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← CRAM, BRYAN SCOTTOwnerMANAGER, ownership code NA, individual
Aug 18, 2015 to presentfactForm ADV
← MERINAR, DENISE KATHLEENOwnerHEAD OF VFAM, MANAGER, ownership code NA, individual
Aug 18, 2015 to presentfactForm ADV
← ROSE, M. ZEVOwnerMANAGER, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← GIBBEL, HENRY HERSHBERGEROwnerMANAGER, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← FOLLMAN, SR, JOHN PHILIP SROwnerMANAGER, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← CORACE, FRANK CHARLESOwnerSENIOR VICE PRESIDENT & MANAGER, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← FRANCIS, BERNARD ALLEN JROwnerCEO, PRESIDENT, CHAIRMAN OF THE BOARD, ownership code NA, individual
Dec 21, 2011 to presentfactForm ADV
← BB&T CORPORATIONOwnerOWNER, ownership code E, domestic entity
Aug 18, 2015 to presentfactForm ADV

Registered with (25)

← MICHAEL FRANCIS SWALLOWAdvisorregistration: previous registration
Apr 23, 2010 to May 20, 2016factForm ADV
← JAMES EDWARD GIBSONAdvisorregistration: previous registration
Mar 19, 2007 to Mar 30, 2016factForm ADV
← JASON THOMAS PEPEAdvisorregistration: previous registration
Mar 13, 2014 to Mar 30, 2016factForm ADV
← DANIEL PATRICK RODANAdvisorregistration: previous registration
Mar 12, 2014 to Mar 30, 2016factForm ADV
← DAVID MICHAEL KILLIANAdvisorregistration: previous registration
Jan 11, 2012 to Mar 30, 2016factForm ADV
← Kim Marie DavisAdvisorregistration: previous registration
Apr 23, 2010 to Mar 30, 2016factForm ADV
← DENISE KATHLEEN MERINARAdvisorregistration: previous registration
Aug 5, 2015 to Mar 11, 2016factForm ADV
← STEPHEN ROBERT GEGGAdvisorregistration: previous registration
Jul 13, 2012 to Mar 11, 2016factForm ADV
← JAMES TODD VOGTAdvisorregistration: previous registration
Jun 1, 2006 to Jan 27, 2016factForm ADV
← Christopher Robert StaufferAdvisorregistration: previous registration
Nov 13, 2012 to Dec 8, 2015factForm ADV
← GREGORY CHARLES BENDERAdvisorregistration: previous registration
Aug 25, 2014 to Nov 18, 2015factForm ADV
← Kathleen A. BeckAdvisorregistration: previous registration
Jun 11, 2014 to Aug 3, 2015factForm ADV
← MELISSA CHRISTY MCDONALDAdvisorregistration: previous registration
Jan 12, 2012 to Aug 3, 2015factForm ADV
← JEREMY FRANKLIN STAHLAdvisorregistration: previous registration
Dec 4, 2013 to Aug 3, 2015factForm ADV
← ELLIS HOWARD DALE GALLIMOREAdvisorregistration: previous registration
Dec 16, 2013 to Mar 12, 2014factForm ADV
← Ronald Vincent DonatoAdvisorregistration: previous registration
Dec 14, 2007 to Jan 29, 2014factForm ADV
← TIiffany Mah MacLeanAdvisorregistration: previous registration
Nov 5, 2009 to Jan 9, 2014factForm ADV
← BRENDAN MOLESKIAdvisorregistration: previous registration
Feb 11, 2013 to Jun 21, 2013factForm ADV
← SEAN PATRICK KILCOYNEAdvisorregistration: previous registration
Dec 7, 2007 to Oct 25, 2012factForm ADV
← MATTHEW COLE BEARDWOODAdvisorregistration: previous registration
Apr 28, 2006 to Jan 3, 2012factForm ADV
← THEODORE QUILLENAdvisorregistration: previous registration
Jan 14, 2008 to Mar 19, 2008factForm ADV
← BRADLEY PATRICK WARNERAdvisorregistration: previous registration
Feb 9, 2007 to Mar 14, 2008factForm ADV
← THEODORE WILLIAM RHINEHARTAdvisorregistration: previous registration
Feb 16, 2006 to Dec 31, 2007factForm ADV
← GARY BRUCE BERDOFFAdvisorregistration: previous registration
Dec 4, 2006 to Jan 17, 2007factForm ADV
← Paul J CookAdvisorregistration: previous registration
Jul 19, 2005 to Oct 4, 2005factForm ADV

Moved with (2)

→ BB&T SECURITIES, LLCRegistered adviser4 advisors, firm absorbed, same day
Mar 30, 2016 to Mar 1, 2016factForm ADV
→ BB&T INVESTMENT SERVICES, INC.Registered adviser3 advisors, team lift out, same day
Aug 3, 2015 to Sep 25, 2015factForm ADV

Dated events

Occurred
Jan 23, 2014
Succession filed (Item 4)
Valley Forge Asset Management Corp. reported succeeding to the business of Another Adviser (Form ADV Item 4)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:e1f5e8a4-fac1-9daf-b832-f675029346f1
First observed: Dec 21, 2011
Last observed: Feb 5, 2016 129 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.

VALLEY FORGE ASSET MANAGEMENT, LLC

CRD 7438

KING OF PRUSSIA, 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:e1f5e8a4-fac1-9daf-b832-f675029346f1

Data as of Feb 5, 2016 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 9:59 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BB&T CORPORATION

Owner

yes

08/2015

Aug 18, 2015

Feb 5, 2016

BORN, DONALD LOUIS

SENIOR VICE PRESIDENT & MANAGER

yes

01/1982

Dec 21, 2011

Feb 5, 2016

CORACE, FRANK CHARLES

SENIOR VICE PRESIDENT & MANAGER

yes

01/1977

Dec 21, 2011

Feb 5, 2016

CRAM, BRYAN SCOTT

Manager

yes

08/2015

Aug 18, 2015

Feb 5, 2016

FOLLMAN, SR, JOHN PHILIP SR

Manager

yes

08/2001

Dec 21, 2011

Feb 5, 2016

FRANCIS, BERNARD ALLEN JR

CEO, PRESIDENT, CHAIRMAN OF THE BOARD

yes

08/2015

Dec 21, 2011

Feb 5, 2016

GIBBEL, HENRY HERSHBERGER

Manager

yes

03/2000

Dec 21, 2011

Feb 5, 2016

GIBSON, JAMES EDWARD

CHIEF OPERATING OFFICER, CHIEF INVESTMENT OFFICER & MANAGER

yes

01/2014

Dec 21, 2011

Feb 5, 2016

MERINAR, DENISE KATHLEEN

HEAD OF VFAM, MANAGER

yes

08/2015

Aug 18, 2015

Feb 5, 2016

ROSE, M. ZEV

Manager

yes

11/2000

Dec 21, 2011

Feb 5, 2016

HOSTETTER, DREW KEVIN

Manager

02/2014

Mar 31, 2014

Feb 5, 2016

MALLOY, KELLY CARTER

SENIOR VICE PRESIDENT, SECRETARY

06/2001

Dec 21, 2011

Feb 5, 2016

MCCALLUM, JEFFREY SCOTT

SENIOR VICE PRESIDENT

12/2008

Dec 21, 2011

Feb 5, 2016

SWALLOW, MICHAEL FRANCIS

CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF ADMINISTRATIVE OFFICER, SENIOR VICE PRESIDENT & TREASURER

08/2015

Dec 21, 2011

Feb 5, 2016

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

STERLING CAPITAL MANAGEMENT LLC

n/a

Other adviser

$69B

yes

n/a

BB&T SECURITIES, LLC

n/a

Former SEC adviser

$26B

yes

n/a

BB&T INSTITUTIONAL INVESTMENT ADVISERS, INC.

n/a

Former SEC adviser

$9.0B

yes

n/a

STRATTON MANAGEMENT COMPANY

n/a

Former SEC adviser

$1.1B

yes

n/a

BB&T INVESTMENT SERVICES, INC.

n/a

Former SEC adviser

$1.1B

yes

n/a

BB&T BANK (FORMERLY SUSQUEHANNA BANK)

n/a

yes

n/a

BB&T CORPORATION

n/a

BRANCH BANKING & TRUST COMPANY

n/a

yes

P.J. ROBB VARIABLE CORPORATION

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Wilmington

United States

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2015

Feb 5, 2016

$2.2B

$2.0B

n/a

2014

Mar 10, 2015

$2.8B

$2.5B

n/a

2013

Jan 23, 2014

$2.9B

$2.7B

n/a

2012

Mar 21, 2013

$3.5B

$3.3B

n/a

2011

Jan 23, 2012

$3.5B

$3.3B

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2015

$2.2B

$2.8B

-20.0%

$3.5B

-14.2%

n/a

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

BB&T SECURITIES, LLC

Mar 30, 2016

Mar 1, 2016

KING OF PRUSSIA, PA

Firm absorbed

Other

66.7%

BB&T INVESTMENT SERVICES, INC.

Aug 3, 2015

Sep 25, 2015

KING OF PRUSSIA, PA

Channel change

Other

23.1%