PlanVest Financial provides financial planning, portfolio management for individuals and small businesses, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
PlanVest Financial reports 309 clients. They include 224 individual clients, 83 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 100.0% ($176M across 553 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $126M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 39% |
| High-net-worth individuals | 27% | 61% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 224 | $68.9M | 39.2% | $308K |
| High-net-worth individuals | 83 | $107M | 60.7% | $1.29M |
| Corporations and other businesses | Fewer than 5 | $198K | 0.1% | $99.1K |
| Total | 309 | $176M | 100% | — |
- Clients
- 224
- Regulatory AUM
- $68.9M
- AUM share
- 39.2%
- Avg. per client
- $308K
- Clients
- 83
- Regulatory AUM
- $107M
- AUM share
- 60.7%
- Avg. per client
- $1.29M
- Clients
- Fewer than 5
- Regulatory AUM
- $198K
- AUM share
- 0.1%
- Avg. per client
- $99.1K
Total
- Clients
- 309
- Regulatory AUM
- $176M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
PlanVest Financial is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning (Hourly or Fixed Fee)
- Financial planning is negotiated and charged hourly, generally $250 to $400 an hour, or as a fixed fee generally $2,500 to $5,000 for a single client and $3,500 to $6,000 for a couple, 50% in advance.
Richard Clonch owns 75% or more of PlanVest Financial. The leadership team of PlanVest Financial includes Chief Compliance Officer Sean Flynn. It has 8 employees, 6 of them in advisory roles.
Leadership
Sean FlynnChief Compliance Officer
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 6 in advisory functions
- 6 state-registered reps
- 1 insurance agent
- Owns 75% or more of Planvest Financial, Inc.
Richard Clonch
Control person · since August 2017
PlanVest Financial’s regulatory assets grew from $126M (March 2025) to $176M (September 2026); clients rose from 255 to 309 and employees were 8 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $176M | 309 | 8 | 1 |
| March 2025 | $126M | 255 | 8 | 2 |
Besides its headquarters, PlanVest Financial has 0 offices, with 1 listed address in Maryland.
Maryland · 1 listed address
- 6 Montgomery Village Avenue, Suite 320, GaithersburgHQ
Contact and registration details
- Legal name
- Planvest Financial, Inc.
- Headquarters
- 6 Montgomery Village Avenue, Suite 320, Gaithersburg, MD 20879
- Website
- planvestfinancial.com
- Phone
- 301-977-7123
- @planvest-financial
- SEC file
- 801-131058
- Structure
- Maryland corporation
- Fiscal year end
- December
PlanVest Financial uses Charles Schwab ($165M) as custodian for its separately managed accounts. PlanVest Financial has custody of $7.17M in client assets for 21 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $165M100%
At year end, PlanVest Financial’s separately managed accounts were mostly in stocks (77%) and funds (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $150M across 597 positions; the largest are Schwab US Dividend Equity ETF (5.5%), iShares Core S&P 500 ETF (4.8%) and Invesco Nasdaq 100 ETF (4.4%).
What the accounts hold
- Stocks77%
- Exchange-traded equities76%
- Non-exchange-traded equities1%
- Funds14%
- Bonds7%
- State and local bonds5%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash1%
- Other1%
- Annuities1%
Reported 13F holdings
- $150M
- Reported 13F value
- 597
- Positions
- 35.9%
- In the 10 largest
- +13.8%
- Value vs. prior quarter
- Schwab US Dividend Equity ETFETF5.5%
- iShares Core S&P 500 ETFETF4.8%
- Invesco Nasdaq 100 ETFETF4.4%
- Fundstrat Granny Shots US Large Cap ETFETF3.5%
- iShares Core U.S. Aggregate Bond ETFETF3.4%
- Innovator Defined Wealth Shield ETFETF3.2%
- Invesco Qqq Trust Series IETF2.9%
- State Street SPDR S&P 500 ETFETF2.8%
- Fidelity Total Bond ETFETF2.8%
- Invesco S&P Smallcap Quality ETFETF2.7%
Together, the ten largest are 35.9% of reported value.
How many clients does PlanVest Financial have?
PlanVest Financial has 309 clients and manages $176 million for them, as of September 2026. They include 224 individual clients, 83 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 September 2026
What services does PlanVest Financial offer?
PlanVest Financial provides financial planning, portfolio management for individuals and small businesses, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does PlanVest Financial use?
PlanVest Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $165M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 September 2026
How many financial advisors does PlanVest Financial have?
PlanVest Financial has 6 investment adviser representatives registered with state securities authorities, out of 8 employees, and 6 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
What does PlanVest Financial invest in?
At the end of its last fiscal year, PlanVest Financial’s separately managed accounts held 76% exchange-traded equities, 14% registered funds (mutual funds, ETFs, BDCs), 5% state and local bonds, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% investment grade corporate bonds, 1% cash and equivalents and 1% other. The 1% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns PlanVest Financial?
PlanVest Financial’s direct owner is Richard Clonch (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 September 2026
How does PlanVest Financial get paid?
PlanVest Financial 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
How do I contact PlanVest Financial?
PlanVest Financial’s main office is at 6 Montgomery Village Avenue, Suite 320, Gaithersburg, MD 20879. Its phone number is 301-977-7123. Its website is planvestfinancial.com.