Richard Clonch has been CEO of PlanVest Financial since August 2017, is a control person of the firm and directly owns 75% or more of it. Richard Clonch holds an Undergraduate degree in engineering from West Virginia University and a Law degree from West Virginia University.
Planvest Financial, Inc. is a Gaithersburg, MD firm with $176M under management, 309 clients and 6 advisers in one office, as of its September 2026 filing.
Richard Clonch is Chief Executive Officer and Founder of PlanVest Financial. He has been a financial advisor for over 15 years and previously spent many years practicing law and as an executive in the energy sector. Clonch provides wealth management strategies to clients, supported by professional services.
Richard Clonch’s longest registration was 9 years at LPL Financial LLC (2009–2018). Before joining PlanVest Financial in 2017, Richard Clonch was registered through LPL Financial LLC and UBS Financial Services Inc.
- Planvest Financial, Inc.Current– present · 8 yearsGaithersburg, MD · Adviser representative · Firm CRD 290306
- LPL Financial LLC– · 9 yearsGaithersburg, MD · Adviser representative · Firm CRD 6413
- UBS Financial Services Inc.– · 3 yearsRockville, MD · Adviser representative · Firm CRD 8174
Professional designations
Listed by PlanVest Financial
- CFP®
- ChFEBC℠
- CRPC®
- CRPS®
Investment adviser representative registrations
Richard Clonch is registered as an investment adviser representative in 5 states. The first approvals date from December 2017; the most recent is South Carolina, in September 2018.
- FloridaSince 29 June 2018
- MarylandSince 21 December 2017
- South CarolinaSince 12 September 2018
- VirginiaSince 29 May 2018
- West VirginiaSince 31 August 2018
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 24 | General Securities Principal Examination | 21 July 2009 |
| Series 66 | Uniform Combined State Law Examination | 16 June 2005 |
| Series 7 | General Securities Representative Examination | 25 May 2005 |
- Name
- Securities Industry Essentials Examination
- Name
- General Securities Principal Examination
- Name
- Uniform Combined State Law Examination
- Name
- General Securities Representative Examination
- CRD
- 4923311
- Firm
- PlanVest Financial · CRD 290306
- Role
- CEO
- Office
- 6 MONTGOMERY VILLAGE AVENUE, SUITE 320, Gaithersburg, MD 20879
- Registration
- Investment adviser registration
- In the industry since
- May 2005
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- planvestfinancial.com
Where does Richard Clonch work?
Richard Clonch has been CEO of Planvest Financial, Inc. since August 2017, and is a control person of the firm.
Is Richard Clonch a financial advisor?
Yes. Richard Clonch has a current investment-adviser registration in Florida, Maryland, South Carolina, Virginia and West Virginia, through PlanVest Financial since December 2017.
How many years of experience does Richard Clonch have?
Richard Clonch has 21 years in the financial industry, since May 2005, across 3 adviser firms.
What exams has Richard Clonch passed?
Richard Clonch has passed 3 licensing exams: the Series 7, Series 66 and Series 24. The earliest, the Series 7, was passed in May 2005. FINRA credited Richard Clonch with the SIE, which began in October 2018.
Where did Richard Clonch work before PlanVest Financial?
Before PlanVest Financial, Richard Clonch was registered through UBS Financial Services Inc., June 2005 to May 2009.
Where is Richard Clonch based?
Richard Clonch’s registered office is in Gaithersburg, MD.
Is Richard Clonch registered with FINRA?
No. Richard Clonch has no current broker registration.
Is Richard Clonch a CFP?
PlanVest Financial lists Richard Clonch with the CFP credential (“CFP®”) on its website. CFP Board confirms certification status.
How can I verify Richard Clonch’s record?
Search CRD 4923311 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Richard Clonch’s full registration record.
