Great Valley Advisor Group, Inc. (Wilmington)

Name: Great Valley Advisor Group, Inc.
Address: 1200 Pennsylvania Ave, Wilmington, DE, 19806
Telephone: 302-483-7200

Great Valley Advisor Group, Inc. is a large advisory firm based in Wilmington. It manages $1.44 billion of regulatory assets for 7,236 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Delaware, District of Columbia, Florida, and 17 other states.

Great Valley Advisor Group provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, educational seminars and workshops, and consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Great Valley Advisor Group: assets under management

The assets under management (AUM) of Great Valley Advisor Group, Inc. is $1.44 billion. The firm's AUM has grown by 782% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $957.45 million in discretionary accounts and $483.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $170.24 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $299.67 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Great Valley Advisor Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Great Valley Advisor Group serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Great Valley Advisor Group is individuals with 5,515 clients and $924.38 million of assets under management. Among the 7 most similar advisory firms, Great Valley Advisor Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.44 billion for 5,706 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Great Valley Advisor Group doesn't advise any private funds.

Careers at Great Valley Advisor Group, Inc.

The company employs 109 people that are either part- or full-time employees. 61 percent of the employees work as investment advisers or researchers. 66 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Joseph Dedda	President, cco	1 Jul 2012	50% - 75%	2377387
Ryan Christopher Todd	Partner	1 Jul 2012	50% - 75%	3093364
Michael Joseph Dedda	Partner	1 Jan 2015	50% - 75%	2377387
Ryan Christopher Todd	Partner, cco	1 Jan 2015	50% - 75%	3093364
James J Spinelli	Vice president	1 Jan 2015	Other	6292205
Lawrence William Clay	Chief compliance officer	1 Nov 2016	Other	3034922

Based in Wilmington

The principal office where Great Valley Advisor Group, Inc. performs its advisory services is located at 1200 Pennsylvania Ave, Wilmington, DE 19806, which is also the mailing address of the firm. An additional office of the firm is in West Chester, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 302-483-7200 or by fax 302-656-1008. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at greatvalleyadvisors.com.