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Great Valley Advisor Group Adds Gaines Financial Group

The $825M Florida RIA joins GVA to leverage its advisor network and robust technology offerings

Berwyn, Pa. — Feb. 3, 2022 — Great Valley Advisor Group (“GVA”), a technology-driven, full-service registered investment adviser (“RIA”), is thrilled to announce that Gaines Financial Group (“GFG”) has joined its growing pool of advisors. GVA partners with select independent financial advisors to support their growth and provide access to superior practice management and business strategy resources. The Boca Raton, Florida-based RIA will take full advantage of GVA’s vast array of offerings and will continue to service clients under the name Gaines Financial Group.

GFG is an independent wealth management firm that provides comprehensive asset management services and offers personalized estate planning, retirement planning, risk management and more. Founded in 1996 by Patrick “Rick” Gaines, GFG has grown to $825 million in assets under management. GFG aligned with GVA because of its broad spectrum of back-end offerings, thus allowing their advisors more time to address client needs.

“We are excited about the partnership with Gaines Financial Group and look forward to welcoming their advisors into our existing network,” said GVA Chief Operating Officer James J. Spinelli. “GVA has been proactive and thoughtful in our growth, and goal of expanding nationally, with a specific focus on Florida. Rick and his team are the perfect fit to build on this objective, and they have done a fantastic job of building a presence in the local community. We want to boost their successes while providing additional opportunities for those advisors and their clients.”

“Our team conducted a thorough search for the right platform and partner that would most benefit our clients and firm,” added Gaines. “GVA emerged as the clear leader and best positioned us to grow. We are eager to leverage GVA’s additional technology offerings and support, and we feel our advisors will truly benefit from this partnership. We look forward to tapping into all of GVA’s offerings and networking opportunities and expect to see further growth and success in the coming year.”

Partnering with GVA offers advisors the unique opportunity to maintain their independence and name, while providing access to GVA services and expansive advisor network. With a centralized focus on helping financial advisors grow and achieve long-term independence in their businesses, GVA provides customized and integrated technology tools, comprehensive compliance oversight, back-office services, asset management, succession solutions, and proprietary advisor billing and compensation software. Advisors can affiliate with GVA by joining the RIA, utilizing its Office of Supervisory Jurisdiction (OSJ), or via a hybrid model. The GVA advisor network includes 40 offices across the country, which collectively manage over $5 billion across its advisory and brokerage businesses.

“We strive to make the lives of advisors easier by providing comprehensive support and resources, giving them back a significant amount of their time to foster current client relationships and form new ones,” Spinelli explained. “Our offerings take the burden of behind-the-scenes operations off the advisors’ plate and ensure that everything is running smoothly without them having to worry. We look forward to seeing the heights that the GFG advisor team can reach with our firm’s support.”

The acquisition closed on Dec. 31, 2021. The firm will maintain its GFG branding and Boca Raton headquarters.

About Great Valley Advisor Group

Great Valley Advisor Group (“GVA”) is a technology-driven full-service registered investment adviser. GVA partners with select independent financial advisors by providing customized technology, investment strategies, compliance, and proprietary compensation tools to help them grow their businesses. Our advisors have the choice and flexibility to run their businesses the way they want. GVA provides advisors with support to get started and technology to help the firm thrive.

For more information, visit greatvalleyadvisors.com.

Media Contact

Marissa Foy Comerford

Gregory FCA for Great Valley Advisor Group

Marissa@GregoryFCA.com

610-228-2014

Great Valley Advisor Group Acquires U.S. Financial Advisors: Acquisition expands GVA’s footprint to New England and adds significant wealth management capabilities and resources

PAOLI, Pa. — May 11, 2021 — Great Valley Advisor Group (“GVA”), a technology-driven full-service registered investment adviser (“RIA”), has acquired U.S. Financial Advisors (“USFA”). The acquisition expands GVA’s presence in the Greater Boston, Massachusetts, region and adds to its overall wealth and investment management capabilities for high-net-worth (“HNW”) individuals.

Based in Braintree, Mass., USFA is a full-service RIA that provides comprehensive and customized investment, insurance and wealth management services for its clients. Under the leadership of President and Chief Executive Officer John Napolitano, CFP®, CPA, USFA has grown to over $725 million in assets under management and has a network of advisors across the county. The full USFA team is joining GVA. Napolitano will lead GVA’s dedicated HNW practice, which will maintain the USFA branding and offer family office services. The HNW practice will include five additional advisors.

“John and his team have built a strong reputation of excellence in the industry,” said Ryan C. Todd, CPA, Chief Executive Officer and Managing Director of GVA. “Their experience and expertise in serving the HNW base aligns with our focus on elevating our offering and positioning us for future growth. We are excited to integrate the USFA team with our GVA community.”

Napolitano added: “The team at GVA shares our approach to client service, our passion for wealth management and the dedication to growing our advisors’ careers. Our partnership with GVA and the resources its leadership team offer will support our focus on building a dedicated HNW practice and providing the integrated and comprehensive support this specific client group needs.”

“Our focus is on empowering and supporting advisors to grow their businesses, and the relationship we have built with John and his team is a perfect example of this philosophy in action,” said James J. Spinelli, Chief Operating Officer and Managing Director at GVA. “John is clear in his vision and where he intends to make the most impact in the next phase of his career. We are thrilled he is aligning with GVA to make this vision a reality.”

GVA has focused on growth in recent years, strategically adding resources that will benefit the advisors in its network. The firm introduced its dedicated asset management arm, Valor Asset Management in 2016 and has expanded its in-house technology resources and tools for advisors in the last five years. GVA has completed several successful acquisitions in its history and has built a network of nearly 100 advisors across the country. The firm was supported by LPL Financial’s M&A Solutions new premium buyer program in completing the USFA transaction.

“The GVA team has been strategic in its development, building the right capabilities and structure to support a deal of this magnitude,” said Jeremy Holly, LPL Senior Vice President and head of Advisor Financial Solutions. “Our M&A Solutions team supported GVA and USFA throughout a formal sales process, positioning GVA as a qualified and value-added buyer and ensuring the firms were a good fit. We believe this acquisition will be a true benefit to their current and future clients.”

The acquisition closed on May 10, 2021, and will increase GVA’s assets under management by over $725 million. GVA was advised by Stradley Ronon. Financial and legal terms of the deal were not disclosed.

About Great Valley Advisor Group

Great Valley Advisor Group (“GVA”) is a technology-driven full-service registered investment adviser. GVA partners with select independent financial advisors by providing customized technology, investment strategies, compliance, and proprietary compensation tools to help them grow their businesses. Our advisors have the choice and flexibility to run their businesses the way they want. GVA provides advisors with support to get started and technology to help the firm thrive.

For more information, visit greatvalleyadvisors.com.