{"url":"https://nivawealth.com/firms/david-vaughan-investments-105990","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105990","regulatoryAum":5331382823,"crd":"105990","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5842629","suffix":null,"lastName":"ARMISTEAD","firstName":"MICHAEL","middleName":"E"},{"crd":"6768270","suffix":null,"lastName":"AUTRY","firstName":"DARRIN","middleName":"ATTIS"},{"crd":"2636105","suffix":null,"lastName":"BAELE","firstName":"DEANNA","middleName":"MARIE"},{"crd":"6451469","suffix":null,"lastName":"Behrens","firstName":"Cody","middleName":"John"},{"crd":"1643784","suffix":null,"lastName":"CHRISTENSEN","firstName":"BRIAN","middleName":"A"},{"crd":"5558877","suffix":null,"lastName":"FLAHERTY","firstName":"MICHAEL","middleName":"MARTIN"},{"crd":"4341093","suffix":null,"lastName":"HINRICHS","firstName":"STEPHEN","middleName":"K"},{"crd":"2409162","suffix":null,"lastName":"HUIZENGA","firstName":"JEFFREY","middleName":"JOHN"},{"crd":"4518777","suffix":null,"lastName":"JACKSON","firstName":"MEGHAN","middleName":"J."},{"crd":"7817336","suffix":null,"lastName":"Kent","firstName":"Christopher","middleName":null},{"crd":"8120668","suffix":null,"lastName":"LAVERDIERE","firstName":"JADE","middleName":"MARIE"},{"crd":"3191245","suffix":null,"lastName":"LISTER","firstName":"ANDREW","middleName":"JAMES"},{"crd":"6513462","suffix":null,"lastName":"MAXEY","firstName":"GLENN","middleName":"JAMES"},{"crd":"6070698","suffix":null,"lastName":"MELLON","firstName":"DALTON","middleName":"MICHAEL"},{"crd":"7433297","suffix":null,"lastName":"Morey","firstName":"Alexis","middleName":"Laure"},{"crd":"7063632","suffix":null,"lastName":"Morgenstern","firstName":"Zachery","middleName":null},{"crd":"3249842","suffix":null,"lastName":"RICKETTS","firstName":"STEPHANIE","middleName":"ANNE"},{"crd":"5873355","suffix":null,"lastName":"Sewell","firstName":"Ryan","middleName":"David"},{"crd":"7745063","suffix":null,"lastName":"Shaffer","firstName":"Devin","middleName":"James"},{"crd":"2364260","suffix":null,"lastName":"SHERIDAN","firstName":"TODD","middleName":"MICHAEL"},{"crd":"1385119","suffix":null,"lastName":"SMARJESSE","firstName":"PATRICK","middleName":"JOSEPH"},{"crd":"5198721","suffix":null,"lastName":"TIMKO","firstName":"JOHNATHAN","middleName":"PIERCE"},{"crd":"2254189","suffix":"IV","lastName":"WILLIAMS 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management fees if the prospect becomes a client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031388","versionId":1031388,"submittedOn":"2026-03-30","documentName":"DVI FORM ADV PART 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T03:59:36.254515+00:00","documents":[{"name":"DVI FORM ADV PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031388","versionId":1031388,"submittedOn":"2026-03-30"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":4548939293}],"custodyNote":"David Vaughan Investments has custody of $3.39B in client assets for 981 clients.","leadership":[{"name":"Brian Christensen","title":"Elected Manager & SR Vice President & Chief Investment Officer","crd":"1643784"},{"name":"Stephen 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2017."},{"label":"Hometown Community Bancorp, Inc. Employee Stock Ownership Plan & Trust","detail":"Indirect owner: a owner of Hometown Community Bancorp, Inc. in the 25% to 50% band and a control person, since December 1999.","parent":"Hometown Community Bancorp, Inc."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"399 Carolina Avenue","city":"Winter Park"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"5823 N Forest Park Drive","city":"Peoria","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"309-685-0033","stateRegisteredReps":22,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"500","assetMix":[{"label":"Exchange-traded equity securities","percent":81},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":9},{"label":"Securities issued by registered investment companies or business development companies","percent":5},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"20 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105990/PDF/105990.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031388","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does David Vaughan Investments have?","answer":"David Vaughan Investments has 1,240 clients and manages $5.33 billion for them, as of July 2026. They include 721 high-net-worth individuals, 443 individual clients, and 40 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does David Vaughan Investments offer?","answer":"David Vaughan Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does David Vaughan Investments charge?","answer":"David Vaughan Investments charges 0.50%–0.90% for its Wealth Management Advisory Services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $9,000 annual minimum.","source":"DVI FORM ADV PART 2A BROCHURE, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does David Vaughan Investments use?","answer":"David Vaughan Investments’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $4.55B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does David Vaughan Investments have?","answer":"David Vaughan Investments has 22 investment adviser representatives registered with state securities authorities, out of 48 employees, and 48 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does David Vaughan Investments invest in?","answer":"At the end of its last fiscal year, David Vaughan Investments’ separately managed accounts held 81% exchange-traded equities, 9% investment grade corporate bonds, 5% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 1% state and local bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns David Vaughan Investments?","answer":"David Vaughan Investments is owned through a holding company by Hometown Community Bancorp, Inc. Employee Stock Ownership Plan & Trust. Its direct owners are Dvi Capital Corp. (10% to 25%), Hometown Community Bancorp, Inc. (75% or more) and Hometown Community (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does David Vaughan Investments get paid?","answer":"David Vaughan Investments is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is David Vaughan Investments registered with the SEC?","answer":"Yes, David Vaughan Investments has been registered with the SEC as an investment adviser since 17 March 1977. Its CRD number is 105990 and its SEC file number is 801-12642.","source":"Form ADV Part 1A, Item 1, filed 20 July 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact David Vaughan Investments?","answer":"David Vaughan Investments’ main office is at 5823 N Forest Park Drive, Peoria, IL 61614-3559. Its phone number is 309-685-0033. Its website is dviinc.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}