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

Great Valley Advisor Group, LLC

Independent wealth managerBerwyn, PennsylvaniaCRD 123913SEC 801-72270websiteIAPD
Latest filing Sep 10, 2026
First filing on the tape Mar 16, 2012 · 199 filings
SEC status approved since Apr 8, 2011
RAUM
$11B
reported, Item 5.F
Discretionary
79%
of RAUM
Private clients
87%
$9.3B individuals and HNW
Advisors
190
registered through the firm on IAPD
RAUM per advisor
$55.8M
derived; firm RAUM over IAPD count
Employees
325
192 advisory (5.B.1)
Offices
72
beyond the principal office
Private funds
0
reported on Schedule D
History
199 filings and snapshots on the tape
RAUM$11B as of Aug 17, 2026
Mar 16, 2012$111M then
HNW client RAUM$3.9B as of Aug 17, 2026
Mar 30, 2018$56.3M then
State-registered IARs (5.B.3)192 as of Aug 17, 2026
Mar 16, 20120 then
Employees (5.A)325 as of Aug 17, 2026
Mar 26, 20133 then
Private funds: no history
RAUM +8.9% over the last fiscal year+28% a year over threeIARs 191 to 192
Practice profile
derived from the filing of Sep 10, 2026; every figure names its basis
RAUM per advisor
$55.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
194derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$286,370derivedRAUM over accounts (5.F.2.f)
Discretionary
79%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
2.6derived73 offices incl. principal (1.F.5)
RAUM growth, one year
+8.9%derivedbetween the last two annual amendments
Advisor growth, one year
+0.5%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminars, otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$5.4B51%
  • High-net-worth individuals$3.9B36%
  • Pension and profit-sharing plans$1.3B13%
Individual clients
35,067reported
HNW clients
1,769reported
Pension plan clients
178reported
Charitable clients
n/areported
Accounts
37,014reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.87 fund_share=0.0 institutional_share=0.13 related_bd=false related_bank=false bd_reps=147.0derived
Advisors registered through the firm
190 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Fredrik Gilman BorstadBerwyn, Pa Nov 16, 201033 y1
Michael Joseph DeddaBerwyn, PaMay 30, 201232 y2
Mark Chester HegstromInver Grove, Mn Jul 27, 201225 y1
Christopher Alan SwansonCertified Financial PlannerHudson, Wi Nov 4, 201326 y2
Michael Joseph MartinBerwyn, PaMar 4, 201434 y2
Jeffrey Paul KolodjskiMahtomedi, Mn Mar 19, 201417 y0
Kenneth Richard DivelbissCertified Financial Planner, Chartered Financial ConsultantNorman, Ok May 7, 201431 y3
Michael G DolezalCertified Financial PlannerBerwyn, Pa May 9, 201423 y0
Drew Alton NemethWildwood, Nj Sep 12, 201424 y1
Gregory R MallisonBerwyn, Pa Sep 12, 201425 y2
Robert Steven SchmaukBerwyn, Pa Oct 2, 201437 y1
Jeffrey D DonohueDoylestown, PaOct 2, 201424 y1
Robert Michael O'ReillyDoylestown, PaOct 3, 201420 y3
David Felix RaymondBerwyn, Pa Nov 12, 201429 y2
Mitchell Douglas StolbaBerwyn, Pa Nov 13, 201432 y1
Richard John CallahanCertified Financial PlannerBerwyn, Pa Nov 20, 201430 y2
James J SpinelliBoca Raton, Fl Dec 22, 201412 y0
David Eugene HopkinsCertified Financial PlannerAltoona, WiDec 26, 201417 y1
Danielle Johanna IvesBerwyn, Pa Mar 17, 201527 y2
Seth Jason KellBerwyn, Pa Mar 20, 201529 y1
Traci Lee PetersonMarshall, Wi May 29, 201518 y1
Christopher D TamagnoBerwyn, Pa Jun 23, 201522 y3
Matthew Daniel FitchBerwyn, Pa Jun 24, 201521 y2
Susan Beth AllenCertified Financial PlannerNewtown, Pa Jun 24, 201545 y3
Thomas Mark GriffithsBerwyn, Pa Jun 24, 201527 y5
Jason Robert SpeichMadison, Wi Apr 18, 201621 y1
Philip Henry SearsBerwyn, Pa May 9, 201630 y1
Loren Robert BrandrupBerwyn, Pa May 18, 201614 y1
Eric Ryan LiekBerwyn, Pa May 18, 201617 y1
Jacob Matthew GustafsonBerwyn, Pa May 26, 201611 y0
Andrew M HouteCertified Financial PlannerBrookfield, Wi May 26, 201623 y2
Edward G DevingerBrookfield, Wi May 26, 201618 y1
Peter Tomas TourvilleBerwyn, Pa May 26, 201631 y1
Paul Tomas TourvilleBrookfield, Wi May 26, 201634 y1
John Patrick JonasBrookfield, Wi Jun 1, 201625 y1
John Patrick SelasBrookfield, Wi Jul 21, 201639 y1
Michael Ryan LaatschBloomington, Mn Jul 22, 201616 y1
Joseph Parker BennettCertified Financial PlannerBerwyn, Pa Aug 4, 201621 y3
Ricardo Joao FerreiraBerwyn, Pa Jan 6, 201717 y1
Charles Joseph McnamaraDoylestown, Pa Jan 6, 201733 y1
All 190 advisors at Great Valley Advisor Group, LLC
Advisor movement
7 left, 15 joined in 12 months
net +8 in 12 months1 left in 90 days3 joined in 90 daysdeparture rate 3.7% of current headcount25 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Joseph Michael Dedda · Managing Partnercontrol
    since 01/2015 · owns less than 5%
  • Boudwin Cheryl Derosa · Chief Compliance Officercontrol
    since 10/2022 · owns less than 5%
  • J James Spinelli · Chief Executive Officercontrol
    since 10/2024 · owns less than 5%
  • Christopher Ryan Todd · Chief Financial Officercontrol
    since 10/2024 · owns less than 5%
  • J James Spinelli · Ownercontrol
    since 10/2022 · owns 25% to 50% of Gva Management Holding Inc
  • Christopher Ryan Todd · Ownercontrol
    since 10/2022 · owns 50% to 75% of Gva Management Holding Inc
  • E Michael Hornung · Director, Ria Compliance
    since 08/2020 · owns less than 5%
  • Alton Drew Nemeth · Director, Compliance & Operations - Supervisory Principal
    since 08/2020 · owns less than 5%
Entity owners
  • Great Valley Advisor Group, LLC. · Owner
    direct · owns 75% or more
  • Gva Management Holdings Inc. · Owner
    direct · owns 75% or more
  • Gva Management Holding Inc · Owner
    indirect · owns 75% or more of Great Valley Advisor Group, LLC.
  • LPL Capital Partners · Owner
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
Advisers that list Great Valley Advisor Group, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Berwyn, Pa · principal1832941
Minnetonka, Mn2191
Brookfield, Wi1800
Woodbury, Mn1631
Doylestown, Pa1410
Boca Raton, Fl1300
Newtown, Pa610
Braintree, Ma600
Stuart, Fl500
Mahtomedi, Mn500
Wilmington, De400
Altoona, Wi401
Middletown, De310
Burnsville, Mn300
Allentown, Pa200
Atlantic, Ia200
Berryville, Va200
Bloomington, Mn210
Edina, Mn200
Hudson, Wi200
Offices
Schedule D 1.F, the 25 largest
  • Boca Raton, FL21 employees
  • Edina, MN20 employees
  • Brookfield, WI20 employees
  • Berwyn, PA14 employees
  • Doylestown, PA10 employees
  • Allentown, PA9 employees
  • Doylestown, PA9 employees
  • Braintree, MA9 employees
  • Mahtomedi, MN9 employees
  • Burnsville, MN8 employees
  • Altoona, WI8 employees
  • Minnetonka, MN8 employees
  • Woodbury, MN6 employees
  • Wilmington, DE6 employees
  • Kutztown, PA5 employees
  • Minnetonka, MN5 employees
  • Minnetonka, MN5 employees
  • Altoona, WI5 employees
  • Waukesha, WI5 employees
  • Newtown, PA4 employees
  • Wilmington, DE4 employees
  • Norman, OK3 employees
  • Chester Springs, PA3 employees
  • Stuart, FL3 employees
  • Maple Grove, MN3 employees
What changed
consecutive filings, newest first
  • Financial planning clients · 251-500 to 251-500
    Aug 17, 2026 to Sep 10, 2026
  • Succession · false to unset
    Aug 17, 2026 to Sep 10, 2026
  • HQ city · WILMINGTON to BERWYN
    Jul 15, 2026 to Aug 17, 2026
  • HQ state · DE to PA
    Jul 15, 2026 to Aug 17, 2026
  • Accounts · 33,099 to 37,014
    Feb 10, 2026 to Mar 27, 2026
  • Advisory employees · 191 to 192
    Feb 10, 2026 to Mar 27, 2026
  • BD registered reps · 159 to 147
    Feb 10, 2026 to Mar 27, 2026
  • HNW clients · 1,405 to 1,769
    Feb 10, 2026 to Mar 27, 2026
  • Individual clients · 31,446 to 35,067
    Feb 10, 2026 to Mar 27, 2026
  • Pension plan clients · 248 to 178
    Feb 10, 2026 to Mar 27, 2026
  • Employees · 333 to 325
    Feb 10, 2026 to Mar 27, 2026
  • Insurance-licensed employees · 3 to 0
    Feb 10, 2026 to Mar 27, 2026
  • State-registered IARs · 191 to 192
    Feb 10, 2026 to Mar 27, 2026
  • Discretionary RAUM · $7.7B to $8.4B
    Feb 10, 2026 to Mar 27, 2026
  • HNW RAUM · $3.2B to $3.9B
    Feb 10, 2026 to Mar 27, 2026
  • Individual RAUM · $5.1B to $5.4B
    Feb 10, 2026 to Mar 27, 2026
  • Non-discretionary RAUM · $2.1B to $2.2B
    Feb 10, 2026 to Mar 27, 2026
  • Pension RAUM · $1.4B to $1.3B
    Feb 10, 2026 to Mar 27, 2026
  • RAUM · $9.7B to $11B
    Feb 10, 2026 to Mar 27, 2026
  • Financial planning clients · 251-500 to 251-500
    Jun 18, 2025 to Jul 31, 2025
  • Business name · GREAT VALLEY ADVISOR GROUP, INC. to GREAT VALLEY ADVISOR GROUP, LLC
    May 27, 2025 to Jun 18, 2025
  • Accounts · 24,276 to 33,099
    Feb 19, 2025 to Apr 30, 2025
  • Advisory employees · 154 to 191
    Feb 19, 2025 to Apr 30, 2025
  • BD registered reps · 148 to 159
    Feb 19, 2025 to Apr 30, 2025
  • HNW clients · 339 to 1,405
    Feb 19, 2025 to Apr 30, 2025
  • Individual clients · 23,783 to 31,446
    Feb 19, 2025 to Apr 30, 2025
  • Pension plan clients · 154 to 248
    Feb 19, 2025 to Apr 30, 2025
  • Employees · 175 to 333
    Feb 19, 2025 to Apr 30, 2025
  • Financial planning clients · 101-250 to 251-500
    Feb 19, 2025 to Apr 30, 2025
  • State-registered IARs · 175 to 191
    Feb 19, 2025 to Apr 30, 2025
  • Legal name · GREAT VALLEY ADVISOR GROUP, INC. to GREAT VALLEY ADVISOR GROUP, LLC
    Feb 19, 2025 to Apr 30, 2025
  • Organization form · Corporation to Limited Liability Company
    Feb 19, 2025 to Apr 30, 2025
  • Discretionary RAUM · $5.8B to $7.7B
    Feb 19, 2025 to Apr 30, 2025
  • HNW RAUM · $1.5B to $3.2B
    Feb 19, 2025 to Apr 30, 2025
  • Individual RAUM · $4.9B to $5.1B
    Feb 19, 2025 to Apr 30, 2025
  • Non-discretionary RAUM · $1.6B to $2.1B
    Feb 19, 2025 to Apr 30, 2025
  • Pension RAUM · $991M to $1.4B
    Feb 19, 2025 to Apr 30, 2025
  • RAUM · $7.3B to $9.7B
    Feb 19, 2025 to Apr 30, 2025
  • Accounts · 21,345 to 24,276
    Feb 14, 2024 to Mar 28, 2024
  • Advisory employees · 146 to 154
    Feb 14, 2024 to Mar 28, 2024
Signals
60 dated events
  • Steven James Hoffman no longer holds an investment adviser registration (last listed at Great Valley Advisor Group, Llc on the 2026-09-15 feed)
    Sep 15, 2026 · Advisor registration ended · derived
  • Derek James Hartman registered as an investment adviser representative at Great Valley Advisor Group, Llc
    Sep 15, 2026 · Advisor registered · fact
  • Tiernan Patrick Talbot left Great Valley Advisor Group, Llc for J.P. Morgan Securities Llc (registered 2026-08-13)
    Aug 10, 2026 · Advisor changed firm · fact
  • David M Hawley left Great Valley Advisor Group, Llc for Mutual Advisors, Llc (registered 2026-05-20)
    Apr 28, 2026 · Advisor changed firm · fact
  • 2 advisors left The Capital Advisory Group Advisory Services, LLC (Phoenix, AZ) for Great Valley Advisor Group, LLC on the same day
    Jan 6, 2026 · Team lift-out · derived
  • Kristie Lynn Weber left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-11-20)
    Jan 5, 2026 · Advisor changed firm · fact
  • Katherine Jade Aubart left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-11-26)
    Oct 9, 2025 · Advisor changed firm · fact
  • Tasha Strand left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-11-20)
    Oct 9, 2025 · Advisor changed firm · fact
  • Annasia Marie Ford-Mccollum left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-12-01)
    Oct 9, 2025 · Advisor changed firm · fact
  • 2 advisors left Great Valley Advisor Group, LLC (Berwyn, PA) for Bernicke Wealth Management on the same day
    Oct 9, 2025 · Team lift-out · derived
  • Bryce Cleveland left Great Valley Advisor Group, Llc for Grey Fox Wealth Advisors, Llc (registered 2025-10-14)
    Sep 23, 2025 · Advisor changed firm · fact
  • Robert Francis Sieja left Great Valley Advisor Group, Llc for Ubs Financial Services Inc. (registered 2025-09-22)
    Sep 9, 2025 · Advisor changed firm · fact
  • Kurt Edwin Philion left Great Valley Advisor Group, Llc for Lpl Financial Llc (registered 2025-07-28)
    Aug 1, 2025 · Advisor changed firm · fact
  • John Paul Napolitano left Great Valley Advisor Group, Llc for Napier Financial (registered 2025-07-21)
    Jul 25, 2025 · Advisor changed firm · fact
  • Joseph Michael Koury left Great Valley Advisor Group, Llc for Global Retirement Partners Llc (registered 2025-05-02)
    May 7, 2025 · Advisor changed firm · fact
  • Robert Michael Georgiou left Great Valley Advisor Group, Llc for Global Retirement Partners Llc (registered 2025-05-01)
    May 7, 2025 · Advisor changed firm · fact
  • 2 advisors left Great Valley Advisor Group, LLC (Coral Springs, FL) for Global Retirement Partners LLC on the same day
    May 7, 2025 · Team lift-out · derived
  • Great Valley Advisor Group, Llc reported RAUM $9.7B, up 33% from $7.3B (2025-02-19 to 2025-04-30)
    Apr 30, 2025 · RAUM change · derived
  • Tenner C Stoe left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-04-28)
    Apr 28, 2025 · Advisor changed firm · fact
  • Ty Alan Bernicke left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-04-28)
    Apr 28, 2025 · Advisor changed firm · fact
  • Daniel Vernon Estenson left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-04-28)
    Apr 28, 2025 · Advisor changed firm · fact
  • Mitchell Antone Vandenmeerendonk left Great Valley Advisor Group, Llc for Lpl Financial Llc (registered 2022-07-12)
    Apr 28, 2025 · Advisor changed firm · fact
  • Steven Pearson Latham left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-04-28)
    Apr 28, 2025 · Advisor changed firm · fact
  • Lindsey Marie Hendrickson left Great Valley Advisor Group, Llc for Bernicke Wealth Management (registered 2025-04-28)
    Apr 28, 2025 · Advisor changed firm · fact
  • 5 advisors left Great Valley Advisor Group, LLC (Minnetonka, MN) for Bernicke Wealth Management on the same day
    Apr 28, 2025 · Team lift-out · derived
  • Eric Felton Johnson left Great Valley Advisor Group, Llc for Cambridge Investment Research Advisors, Inc. (registered 2025-03-17)
    Mar 17, 2025 · Advisor changed firm · fact
  • 5 advisors left Maryland Financial Group, Inc. (Rockville, MD) for Great Valley Advisor Group, LLC a day apart
    Feb 19, 2025 · Team lift-out · derived
  • Vincent Patrick Pagano left Great Valley Advisor Group, Llc for Pagano Wealth Management Llc (registered 2025-02-12)
    Feb 12, 2025 · Advisor changed firm · fact
  • Lee Robert Johnson left Great Valley Advisor Group, Llc for Cetera Investment Advisers Llc (registered 2025-01-27)
    Jan 27, 2025 · Advisor changed firm · fact
  • Joseph Mark Petry left Great Valley Advisor Group, Llc for Lpl Financial Llc (registered 2024-10-30)
    Nov 1, 2024 · Advisor changed firm · fact
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
Business email
info@boyarwm.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
561-989-0078reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
561-314-1840reportedpublished by the firm, firm site, Sep 15, 2026
Website
boyarwm.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
610-296-7630reportedpublic record, Form ADV, Sep 10, 2026
Contact form
boyarwm.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
boyarwm.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$55.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026