{"url":"https://nivawealth.com/firms/dravo-bay-298558","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/298558","regulatoryAum":381821487,"crd":"298558","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5001611","suffix":null,"lastName":"ROSELLE","firstName":"TODD","middleName":"ASHLEY"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-07-29","regulatoryAum":153885000,"clients":189,"employees":5,"offices":2},{"filedOn":"2022-06-13","regulatoryAum":196880020,"clients":282,"employees":7,"offices":2},{"filedOn":"2023-03-15","regulatoryAum":207300100,"clients":340,"employees":8,"offices":2},{"filedOn":"2024-07-29","regulatoryAum":274274805,"clients":270,"employees":10,"offices":2},{"filedOn":"2025-07-09","regulatoryAum":335047553,"clients":317,"employees":7,"offices":2},{"filedOn":"2026-03-26","regulatoryAum":381821487,"clients":314,"employees":10,"offices":2}],"secFileNumber":"801-117998","legalName":"Dravo Bay LLC","displayName":"Dravo Bay","slug":"dravo-bay-298558","website":"https://bluerockfg.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/bluerockfg/","xUrl":"https://twitter.com/bluerockfg","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"37458 Oyster House Road","city":"Rehoboth Beach","state":"DE","stateName":"Delaware","country":"United States","postalCode":"19971"},"tradeNames":["Blue Rock 401k Group"],"registration":{"secApproved":"24 January 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SUPPLEMENTS"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T10:32:19.714158+00:00","documents":[{"name":"DRAVO BAY DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026996","versionId":1026996,"submittedOn":"2026-03-26"}]},"custodians":[{"name":"SEI Investments Distribution Co.","shortName":"SEI Investments Distribution","location":"Oaks, PA","smaAssets":261212452}],"custodyNote":"Dravo Bay does not have custody of client assets.","leadership":[{"name":"Kelly Wilson","title":"Chief Compliance Officer & Director of Retirement Plans","crd":"7055176"},{"name":"Carter McClung","title":"Director of Financial Planning","crd":"6949879"},{"name":"Todd Roselle","title":"Principal","crd":"5001611"}],"ownership":[{"label":"Todd Roselle","detail":"Principal in the 75% or more ownership band and a control person, since August 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They include 140 individual clients, 125 high-net-worth individuals, and 49 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Dravo Bay offer?","answer":"Dravo Bay provides financial planning, portfolio management for individuals and small businesses, pension consulting, 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 Dravo Bay charge?","answer":"Dravo Bay charges 0.39%–1.50% a year for its Investment Management Services. The fee is billed in arrears and is negotiable.","source":"DRAVO BAY DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS, filed 26 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Dravo Bay use?","answer":"Dravo Bay’s separately managed account assets are held at SEI Investments Distribution Co. (Oaks, PA), with $261M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Dravo Bay have?","answer":"Dravo Bay has 5 investment adviser representatives registered with state securities authorities, out of 10 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","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 Dravo Bay invest in?","answer":"At the end of its last fiscal year, Dravo Bay’s separately managed accounts held 77% exchange-traded equities, 7% registered funds (mutual funds, ETFs, BDCs), 5% cash and equivalents, 3% U.S. government and agency bonds, 3% state and local bonds, 2% investment grade corporate bonds, 1% sovereign bonds, 1% high-yield corporate bonds and 1% pooled vehicles (private funds and similar).","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 Dravo Bay?","answer":"Dravo Bay’s direct owner is Todd Roselle (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Dravo Bay get paid?","answer":"Dravo Bay is paid through a percentage of assets under management, hourly charges 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 Dravo Bay registered with the SEC?","answer":"Yes, Dravo Bay has been registered with the SEC as an investment adviser since 24 January 2020. Its CRD number is 298558 and its SEC file number is 801-117998.","source":"Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Dravo Bay?","answer":"Dravo Bay’s main office is at 37458 Oyster House Road, Rehoboth Beach, DE 19971. Its phone number is 302-752-6637. Its website is bluerockfg.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/dravo-bay-298558/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-11","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1910389/000195175726001209/0001951757-26-001209-index.html","totalValue":288972396,"positionCount":51,"top10Share":0.7735496057554231,"top10":[{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US LCAP VA ETF","cusip":"808524409","value":50617553,"shares":1454110,"shareType":"SH","priorValue":40536206,"priorShares":1329056},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US LCAP GR ETF","cusip":"808524300","value":47806892,"shares":1412717,"shareType":"SH","priorValue":37153363,"priorShares":1275433},{"issuer":"VANGUARD TAX-MANAGED FDS","titleOfClass":"VAN FTSE DEV 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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."}