DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Ameriserv Wealth Advisors Inc

Other adviserJohnstown, PennsylvaniaCRD 105846SEC 801-47835websiteIAPD
Latest filing Mar 20, 2026
First filing on the tape Feb 28, 2012 · 40 filings
SEC status approved since Nov 14, 1994
RAUM
$1.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
5.6%
$62.6M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$278M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$1.1B as of Mar 20, 2026
Feb 28, 2012$101M then
HNW client RAUM$46.2M as of Mar 20, 2026
Mar 29, 2018$46.8M then
State-registered IARs (5.B.3)3 as of Mar 20, 2026
Mar 28, 20130 then
Employees (5.A)4 as of Mar 20, 2026
Mar 28, 20138 then
Private funds: no history
RAUM +5.2% over the last fiscal year+6.6% a year over threeIARs 4 to 3
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
RAUM per advisor
$278MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
13derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$1.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+5.2%derivedbetween the last two annual amendments
Advisor growth, one year
-25%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, publicationsreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Banks and thrifts$1.0B92%
  • High-net-worth individuals$46.2M4.2%
  • Corporations and businesses$16.5M1.5%
  • Individuals$16.4M1.5%
  • Charitable organizations$12.0M1.1%
Individual clients
32reported
HNW clients
18reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,073reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.06 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Frank Joseph LapinskyJohnstown, PaAug 15, 201214 y0
Eric Scott LudyJohnstown, PaOct 24, 202212 y0
Ronald Michael ShostekChartered Financial AnalystJohnstown, PaNov 14, 202231 y2
Howard Lawrence McelfreshChartered Financial AnalystImperial, Pa Mar 6, 202523 y6
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Michael Jerome Adams · Chairman Of The Boardcontrol
    since 03/2007 · owns less than 5%
  • W Richard Bloomingdale · Vice Chairman Of The Boardcontrol
    since 05/2023 · owns less than 5%
  • Amy Bradley · Director (Board Member)control
    since 03/2024 · owns less than 5%
  • Daniel James Kohley · Director (Board Member)control
    since 02/2021 · owns less than 5%
  • Joseph Frank Lapinsky · President & Ceo Of Wccacontrol
    since 10/2023 · owns less than 5%
  • Daniel Michael Lynch · Executive Vice President, Chief Financial Officer, Chief Investment Officer & Chief Risk Officer Of Ameriserv Financial, Inc.control
    since 01/2015 · owns less than 5%
  • Albert Jeffrey Stopko · Director (Board Member)control
    since 01/2015 · owns less than 5%
  • Marie Cara Cawood · Chief Compliance Officer
    since 01/2023 · owns less than 5%
Entity owners
  • Ameriserv Financial Bank · Owner
    direct · owns 75% or more · public reporting company
  • Ameriserv Financial, Inc. · Owner
    indirect · owns 75% or more of Ameriserv Financial Bank · public reporting company
Related persons
Schedule D 7.A
  • Ameriserv Financial Bank
    custodiany
  • Ameriserv Financial, Inc.
    y
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Johnstown, Pa · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,124 to 1,073
    Sep 5, 2025 to Mar 20, 2026
  • Advisory employees · 4 to 3
    Sep 5, 2025 to Mar 20, 2026
  • Charity clients · 4.0 to unset
    Sep 5, 2025 to Mar 20, 2026
  • Corporate clients · 9 to 5
    Sep 5, 2025 to Mar 20, 2026
  • HNW clients · 16 to 18
    Sep 5, 2025 to Mar 20, 2026
  • Individual clients · 38 to 32
    Sep 5, 2025 to Mar 20, 2026
  • Employees · 5 to 4
    Sep 5, 2025 to Mar 20, 2026
  • State-registered IARs · 4 to 3
    Sep 5, 2025 to Mar 20, 2026
  • Discretionary RAUM · $1.1B to $1.1B
    Sep 5, 2025 to Mar 20, 2026
  • HNW RAUM · $42.2M to $46.2M
    Sep 5, 2025 to Mar 20, 2026
  • Individual RAUM · $19.7M to $16.4M
    Sep 5, 2025 to Mar 20, 2026
  • RAUM · $1.1B to $1.1B
    Sep 5, 2025 to Mar 20, 2026
  • Accounts · 1,276 to 1,124
    Oct 29, 2024 to Mar 28, 2025
  • Advisory employees · 3 to 4
    Oct 29, 2024 to Mar 28, 2025
  • Business name · WEST CHESTER CAPITAL ADVISORS INC to AMERISERV WEALTH ADVISORS INC
    Oct 29, 2024 to Mar 28, 2025
  • Charity clients · 5 to 4
    Oct 29, 2024 to Mar 28, 2025
  • Corporate clients · 8 to 9
    Oct 29, 2024 to Mar 28, 2025
  • HNW clients · 18 to 16
    Oct 29, 2024 to Mar 28, 2025
  • Individual clients · 46 to 38
    Oct 29, 2024 to Mar 28, 2025
  • Employees · 4 to 5
    Oct 29, 2024 to Mar 28, 2025
  • Financial planning clients · 0 to
    Oct 29, 2024 to Mar 28, 2025
  • State-registered IARs · 3 to 4
    Oct 29, 2024 to Mar 28, 2025
  • Legal name · WEST CHESTER CAPITAL ADVISORS INC to AMERISERV WEALTH ADVISORS INC
    Oct 29, 2024 to Mar 28, 2025
  • Discretionary RAUM · $1.1B to $1.1B
    Oct 29, 2024 to Mar 28, 2025
  • HNW RAUM · $59.1M to $42.2M
    Oct 29, 2024 to Mar 28, 2025
  • Individual RAUM · $22.9M to $19.7M
    Oct 29, 2024 to Mar 28, 2025
  • RAUM · $1.1B to $1.1B
    Oct 29, 2024 to Mar 28, 2025
  • Accounts · 1,368 to 1,276
    Oct 2, 2023 to Mar 28, 2024
  • Advisory employees · 4 to 3
    Oct 2, 2023 to Mar 28, 2024
  • Corporate clients · 12 to 8
    Oct 2, 2023 to Mar 28, 2024
  • HNW clients · 21 to 18
    Oct 2, 2023 to Mar 28, 2024
  • Individual clients · 39 to 46
    Oct 2, 2023 to Mar 28, 2024
  • Assets in custody · unset to 0.0
    Oct 2, 2023 to Mar 28, 2024
  • Custody of client assets · false to true
    Oct 2, 2023 to Mar 28, 2024
  • Employees · 5 to 4
    Oct 2, 2023 to Mar 28, 2024
  • State-registered IARs · 4 to 3
    Oct 2, 2023 to Mar 28, 2024
  • Discretionary RAUM · $1.1B to $1.1B
    Oct 2, 2023 to Mar 28, 2024
  • HNW RAUM · $62.4M to $59.1M
    Oct 2, 2023 to Mar 28, 2024
  • Individual RAUM · $17.8M to $22.9M
    Oct 2, 2023 to Mar 28, 2024
  • RAUM · $1.1B to $1.1B
    Oct 2, 2023 to Mar 28, 2024
Signals
13 dated events
  • Amy Bradley (Director (Board Member)) appeared on Schedule A of Ameriserv Wealth Advisors Inc
    Apr 19, 2024 · Control person joined · fact
  • Theodore James Huerth (President Of Wcca, President & Ceo Of Ameriserv Trust & Financial Services Company) no longer on Schedule A of Ameriserv Wealth Advisors Inc (listed 2023-08-25, absent 2023-10-02)
    Oct 2, 2023 · Control person left · inference
  • W Richard Bloomingdale (Director (Board Member)) appeared on Schedule A of Ameriserv Wealth Advisors Inc
    Aug 25, 2023 · Control person joined · fact
  • Joseph Frank Lapinsky (Managing Director) appeared on Schedule A of Ameriserv Wealth Advisors Inc
    Jul 25, 2023 · Control person joined · fact
  • Raymond Allan Dennison (Director) no longer on Schedule A of Ameriserv Wealth Advisors Inc (listed 2023-05-30, absent 2023-07-25)
    Jul 25, 2023 · Control person left · inference
  • Michael Steven Krawick (Director, Ceo, And President) no longer on Schedule A of Ameriserv Wealth Advisors Inc (listed 2023-03-31, absent 2023-05-30)
    May 30, 2023 · Control person left · inference
  • Ameriserv Wealth Advisors Inc reported RAUM $918.3M, down 27% from $1.3B (2023-02-27 to 2023-03-31)
    Mar 31, 2023 · RAUM change · derived
  • Scott Eric Ludy (Chief Compliance Officer) no longer on Schedule A of Ameriserv Wealth Advisors Inc (listed 2023-01-30, absent 2023-02-27)
    Feb 27, 2023 · Control person left · inference
  • Gifford Craig Ford (Director) no longer on Schedule A of Ameriserv Wealth Advisors Inc (listed 2022-03-29, absent 2022-06-23)
    Jun 23, 2022 · Control person left · inference
  • Mary Frances Stanek left Ameriserv Wealth Advisors Inc for Elm Capital Management Llc (registered 2022-01-24)
    Jan 18, 2022 · Advisor changed firm · fact
  • Daniel Michael Lynch (Executive Vice President, Chief Financial Officer, Chief Investment Officer & Chief Risk Officer Of Ameriserv Financial, Inc.) appeared on Schedule A of Ameriserv Wealth Advisors Inc
    Sep 9, 2021 · Control person joined · fact
  • Daniel James Kohley (Director) appeared on Schedule A of Ameriserv Wealth Advisors Inc
    Mar 31, 2021 · Control person joined · fact
  • Lester Robert Wise (Director) no longer on Schedule A of Ameriserv Wealth Advisors Inc (listed 2020-10-07, absent 2020-10-22)
    Oct 22, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Website
AMERISERV.COM/INVESTMENTSreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
814-533-5338reportedpublic record, Form ADV, Mar 20, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Other adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$278Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026