In addition to advisor splits (fee splitting), admin fees, program fees, manager overrides, and standard billing requests already established within AdvisorBOB, GVA has enabled financial planning functionality within AdvisorBOB to all advisors of the firm immediately.
Whether you collect a one-time, or subscription based payment, this information is securely stored and processed on a frequency basis. The overview includes frequency, creation date, amount, status, and more!
Interested in learning more? Contact GVA Today!
Earlier in the year LPL Financial had a minimum asset requirement of $50M to join any Hybrid firm at LPL, including Great Valley Advisor Group. Say Goodbye! As of October 22, 2018 LPL is eliminating the minimum advisory asset requirement based on data suggesting it was not effectively contributing to growth. For more information regarding this strategic change, please visit the URL below.
GVA advisors may now send risk questionnaires directly to their clients from within their Salesforce account. This new technology allows the advisor to gather important risk information through an online questionnaire taken by the client. Once the client completes their risk questionnaire, a record is created in Salesforce, and the appropriate risk score populates on their profile.
Want to send questionnaires weekly, quarterly, annually? No problem! The frequency is up to you, as each response will create a new record under the client, and save any of the old responses within the system. You may either send the questionnaire directly to the client, or complete while in the office during a meeting.
Earlier this year GVA introduced their fact finder for initial account opening. A quick secure link which helps the advisor gather important client information for opening up accounts in good order. We have integrated both to ensure your client opens their account and gathers a risk score right from the start, leaving the meeting to talk about their accounts and not paperwork.
Want to learn more? Contact GVA today to get started!
Great Valley Advisor Group announces partnership with Cipperman Compliance Services
Great Valley Advisor Group, headquartered in Wilmington, DE is proud to announce that after a rigorous due diligence process we have selected Cipperman Compliance Services (CCS), located in Wayne, PA to provide compliance support to the firm. CCS is a nationally recognized industry leader that provides outsourced compliance services to the investment management community. With 80-plus relationships, CCS qualified professionals have the knowhow to protect the firms’ reputation and meet the demands of the regulators.
“Compliance is a top priority for us at Great Valley Advisor Group” said James Spinelli, COO, Managing Director. “We selected Cipperman because of their proven experience in the investment industry – delivering customized materials and testing capabilities. According to Todd Cipperman, Principal at CCS “Compliance is all we do. We have no distractions. Our high-touch engagement combined with the teams in depth regulatory analysis delivers confidence, independence and accountability.”
About Great Valley Advisor Group (GVA)
Great Valley Advisor Group delivers support and confidence to independent advisors through a customized RIA platform. Offering a plug and play structure provides the new advisor with access to a customized CRM system, customized document management tool, compensation software, as well as additional tools right at their fingertips. Our dedicated support team focuses on providing the best possible service to each advisor, hosting monthly & quarterly update calls, as well as making sure they get the right answer for their clients.
For more information about Great Valley Advisor Group call 302-483-7200 or visit our website www.greatvalleyadvisors.com
AdvisorBOB©, Advisor Book of Business, is now available to the advisors of Great Valley Advisor Group as their compensation solution …. This tool is a one-stop-shop solution that can handle any size firm, large or small, as it relates to correctly paying your advisors securely. Functionality includes split rep compensation, manager overrides, admin fees, calculating in house money management program fees, paying solicitors, and more. Did we mention it helps value your overall book and has an easy import process that is flexible enough for multiple vendors?
If interested in AdvisorBOB for your firm, please contact us.
At GVA, we strive to provide the most up-to-date technology to our advisors. We introduced GVA’s Online Portal earlier this year, and now we are happy to announce the RIA Fees Portal (RIAFees.com) is now live!
RIAFees.com allows our advisors to view detailed and consolidated advisory fees in one convenient location. To help you better understand your practice, the portal links to all your advisory split rep IDs and includes in depth reporting.
Looking to charge a program fee on proprietary models? No problem! RIAFees.com allows you to create a firm and set a fixed or tiered fee structure.
We are pleased to announce that Lawrence Clay has joined Great Valley Advisor Group (“GVA”) as our new chief compliance officer. Larry’s addition to the team will help GVA increase their oversight in the constantly changing regulatory and compliance space. With over 20 years of combined investment and compliance experience, Larry will lead the charge for GVA as they enter into 2017.
Larry brings a breadth of investment experience, spanning over 20 years, with a variety of firms, including Merrill Lynch, Quick & Reilly, Smith Barney, and Prudential Financial. Most recently, Larry worked with First Niagara Investment Services, one of LPL’s largest clients. Larry’s knowledge, as well as experience with LPL, will allow him to hit the ground running and offer our current advisors an immediate asset as they navigate the complex and evolving compliance world. A graduate of Villanova University with a Bachelor of Science in Economics, Larry holds his Series, 7, 66, 9, 10, 24, and 4 licenses, as well as his Pennsylvania Life and Health license.
Larry is a former teacher in the Philadelphia Archdiocese and a volunteer for the Claire E. Clay Cross the Water Foundation. He spends his free time surfing, playing music, and studying Irish history, an interest that has led to a Master’s Degree from Ulster University, NI.
GVA would like to acknowledge our great group of interns for successfully completing GVA’s Summer Internship Program. We wish them the best of luck with their schoolwork and future endeavors!
All set up and ready to go for our summer internship program! GVA is excited to have this year’s students join us from Penn State, Franklin & Marshall, and St. Joseph’s Universities starting next week.
Great Valley Advisor Group (GVA) would like to introduce Lee R. Johnson, Jr., CFA as the newest member of our growing team. With over 14 years of investment experience, a former Navy submarine officer, and a Chartered Financial Analyst, Mr. Johnson has officially joined GVA as our Chief Investment Officer (CIO).
He will focus his attention on developing a consistent investment process and philosophy, assisting our advisors with investment questions, managing and monitoring internal proprietary models, and working with external analysts.