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
Silver Grove Advisory Services
Legal name Silver Grove Financial Group, Inc.
Latest filing Aug 31, 2026
First filing on the tape Feb 17, 2017 · 48 filings
SEC status approved since Mar 9, 2017
RAUM
$454M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$451M individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
$26.7M
derived; firm RAUM over IAPD count
Employees
17
17 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$454M as of Aug 31, 2026
Mar 28, 2018$77.6M then
HNW client RAUM$132M as of Aug 31, 2026
Mar 28, 2018$0 then
State-registered IARs (5.B.3)17 as of Aug 31, 2026
Mar 28, 20180 then
Employees (5.A)17 as of Aug 31, 2026
Mar 28, 201813 then
Private funds: no history
RAUM +39% over the last fiscal year+24% a year over threeIARs 16 to 17offices 9 to 10
Practice profile
derived from the filing of Aug 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- RAUM per advisor
- $26.7MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 126derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.1MderivedHNW RAUM over HNW clients
- Average account
- $152,773derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 1.5derived11 offices incl. principal (1.F.5)
- RAUM growth, one year
- +39%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +11%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisers, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$320M70%
- High-net-worth individuals$132M29%
- Corporations and businesses$2.2M0.5%
- Individual clients
- 2,083reported
- HNW clients
- 63reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 2,969reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=10.0derived
Advisors registered through the firm
17 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Ryan Seufert | Orchard Park, Ny | Jan 17, 2020 | 18 y | 0 |
| Katie WeibelCertified Financial Planner | Williamsville, Ny | Jul 22, 2021 | 20 y | 2 |
| Jason Bernard MyersChartered Financial Consultant | Orchard Park, Ny | Jul 23, 2021 | 13 y | 1 |
| Mark Philip Procknal | Orchard Park, Ny | Aug 10, 2021 | 38 y | 0 |
| Jason Joseph Weber | Orchard Park, Ny | Aug 12, 2021 | 17 y | 0 |
| Julianne Incardona | Williamsville, Ny | Aug 12, 2021 | 25 y | 2 |
| Annette J Olday | Orchard Park, Ny | Aug 12, 2021 | 23 y | 0 |
| John Joseph Mccauley | Orchard Park, Ny | Aug 12, 2021 | 14 y | 3 |
| Mark A Kirchmyer | Orchard Park, Ny | Aug 16, 2021 | 41 y | 0 |
| Ryan Ficorilli | Williamsville, Ny | Aug 18, 2021 | 22 y | 0 |
| Martin Charles Lougen | Williamsville, Ny | Aug 20, 2021 | 29 y | 0 |
| Andrew James SwartwoutChartered Financial Consultant | Orchard Park, Ny | Aug 25, 2021 | 32 y | 1 |
| Richard Cerminara | Saranac Lake, Ny | Nov 23, 2021 | 38 y | 2 |
| Kyle Leikam | Orchard Park, Ny | Jul 11, 2023 | 15 y | 4 |
| Michael Richard Becht | Depew, Ny | Feb 21, 2025 | 29 y | 2 |
| Jakub Kubrak | Celina, Tx | Aug 7, 2025 | 17 y | 4 |
| Nathan R Severson | Orchard Park, Ny | Mar 23, 2026 | 11 y | 0 |
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 headcount1 left over 36 months
Left, latest
- Alexander Jackson Long to Blackridge Asset Management, LLCMay 8, 2025 · RIA to affiliated broker-dealer or bank
- David Weigand to Wells Fargo AdvisorsApr 26, 2023 · RIA to wirehouse
Joined, latest
- Jakub Kubrak from Compound Planning, Inc.Aug 7, 2025 · RIA to RIA
- Michael Richard Becht from Next Financial Group, Inc.Feb 21, 2025 · Affiliated broker-dealer or bank to independent RIA
- Kyle Leikam from Merrill Lynch, Pierce, Fenner & Smith IncorporatedJul 11, 2023 · Wirehouse to independent RIA
- Richard Cerminara from Richard Cerminara Investor Services, LLCNov 23, 2021 · RIA to RIA
- Andrew James Swartwout from M&T Securities, Inc.Aug 25, 2021 · Other
- David Weigand from LPL Financial LLCAug 12, 2021 · Other
- John Joseph Mccauley from LPL Financial LLCAug 12, 2021 · Other
- Julianne Incardona from LPL Financial LLCAug 12, 2021 · Other
- Jason Bernard Myers from American Portfolios Advisors, IncJul 23, 2021 · Other
- Katie Weibel from M&T Securities, Inc.Jul 22, 2021 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from LPL Financial LLCAug 31, 2017 · Williamsville, Ny
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Daniel Ryan Seufert · Founder - Vice President And Chief Compliance Officercontrolsince 01/2017 · owns 50% to 75%
- Joseph Jason Weber · Founder - Presidentcontrolsince 01/2017 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Orchard Park, Ny · principal | 17 | 1 | 0 | ||
| Williamsville, Ny | 5 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Williamsville, NY2 employees
- Hamburg, NY1 employees
- N Tonawanda, NY1 employees
- Saranac Lake, NY1 employees
- Williamsville, NY1 employees
- Williamsville, NY1 employees
- Arcade, NY1 employees
- Williamsville, NY1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- business activity changedChange between filings · filing Aug 31, 2026wrap fee program participation (Item 5.I): yes on the filing of 2026-06-23, no on the filing of 2026-08-31peers: independent wealth managers, $100M to $500M (5,676)
- RAUM up 25 %Change between filings · filing Mar 23, 2026RAUM (Item 5.F) moved from $326,596,386 to $453,582,536 (+39.0%) between the annual amendments of 2025-03-20 and 2026-03-23; the peer median change was +15.0% (4551 comparable advisers, 92.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 92% percentile
What changed
consecutive filings, newest first
- Wrap assets (manager) · 0.0 to unsetJun 23, 2026 to Aug 31, 2026
- Wrap assets (sponsor) · 0.0 to unsetJun 23, 2026 to Aug 31, 2026
- Advisory employees · 16 to 17Mar 23, 2026 to Jun 23, 2026
- Employees · 16 to 17Mar 23, 2026 to Jun 23, 2026
- State-registered IARs · 16 to 17Mar 23, 2026 to Jun 23, 2026
- Accounts · 2,582 to 2,969Nov 18, 2025 to Mar 23, 2026
- BD registered reps · 11 to 10Nov 18, 2025 to Mar 23, 2026
- Corporate clients · 1 to 4Nov 18, 2025 to Mar 23, 2026
- HNW clients · 39 to 63Nov 18, 2025 to Mar 23, 2026
- Individual clients · 1,890 to 2,083Nov 18, 2025 to Mar 23, 2026
- Discretionary RAUM · $327M to $454MNov 18, 2025 to Mar 23, 2026
- HNW RAUM · $73.3M to $132MNov 18, 2025 to Mar 23, 2026
- Individual RAUM · $253M to $320MNov 18, 2025 to Mar 23, 2026
- RAUM · $327M to $454MNov 18, 2025 to Mar 23, 2026
- Advisory employees · 15 to 16Aug 7, 2025 to Nov 18, 2025
- Employees · 15 to 16Aug 7, 2025 to Nov 18, 2025
- State-registered IARs · 15 to 16Aug 7, 2025 to Nov 18, 2025
- Other offices · 9 to 10Aug 7, 2025 to Nov 18, 2025
- Advisory employees · 16 to 15Mar 20, 2025 to May 6, 2025
- BD registered reps · 12 to 11Mar 20, 2025 to May 6, 2025
- Employees · 16 to 15Mar 20, 2025 to May 6, 2025
- Financial planning clients · 51-100 to 51-100Mar 20, 2025 to May 6, 2025
- State-registered IARs · 16 to 15Mar 20, 2025 to May 6, 2025
- Accounts · 2,308 to 2,582Feb 27, 2025 to Mar 20, 2025
- HNW clients · 35 to 39Feb 27, 2025 to Mar 20, 2025
- Individual clients · 1,739 to 1,890Feb 27, 2025 to Mar 20, 2025
- Discretionary RAUM · $256M to $327MFeb 27, 2025 to Mar 20, 2025
- HNW RAUM · $58.0M to $73.3MFeb 27, 2025 to Mar 20, 2025
- Individual RAUM · $198M to $253MFeb 27, 2025 to Mar 20, 2025
- RAUM · $256M to $327MFeb 27, 2025 to Mar 20, 2025
- Advisory employees · 15 to 16Aug 14, 2024 to Feb 27, 2025
- BD registered reps · 11 to 12Aug 14, 2024 to Feb 27, 2025
- Employees · 15 to 16Aug 14, 2024 to Feb 27, 2025
- State-registered IARs · 15 to 16Aug 14, 2024 to Feb 27, 2025
- Other offices · 8 to 9Aug 14, 2024 to Feb 27, 2025
- Related insurance company · false to trueJul 18, 2024 to Aug 14, 2024
- Advisory activities · 3 to 4Mar 28, 2024 to Jul 18, 2024
- Accounts · 2,010 to 2,308Feb 9, 2024 to Mar 11, 2024
- HNW clients · 12 to 35Feb 9, 2024 to Mar 11, 2024
- Individual clients · 1,981 to 1,739Feb 9, 2024 to Mar 11, 2024
Signals
5 dated events
- Silver Grove Advisory Services reported RAUM $453.6M, up 39% from $326.6M (2025-11-18 to 2026-03-23)Mar 23, 2026 · RAUM change · derived
- Alexander Jackson Long left Silver Grove Advisory Services for Blackridge Asset Management, Llc (registered 2025-04-04)May 8, 2025 · Advisor changed firm · fact
- David Weigand left Silver Grove Advisory Services for Wells Fargo Advisors (registered 2023-04-05)Apr 26, 2023 · Advisor changed firm · fact
- Silver Grove Advisory Services reported 16 state-registered advisory representatives, up from 0 (2022-03-18 to 2022-03-31)Mar 31, 2022 · Advisor headcount change · derived
- Silver Grove Financial Group, Inc. filed its initial SEC registration (Form ADV)Feb 17, 2017 · First SEC registration · 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 phone
- 716-800-4291reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/3533678reportedpublic record, Form ADV, Sep 17, 2026
- Website
- SILVERGROVEGROUP.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (716) 800-4291reportedpublic record, Form ADV, Aug 31, 2026
- Contact form
- silvergrovegroup.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- silvergrovegroup.com/about/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
- $26.7Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026