River Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
River Wealth Advisors reports 900 clients. They include 504 individual clients, 372 high-net-worth individuals and 12 charitable organizations. Of its assets, 98.1% ($1.44B across 2,544 accounts) are managed with discretion; $28.2M across 45 accounts are not. Of its clients, 1% are outside the U.S. It advised 6 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 16% |
| High-net-worth individuals | 41% | 81% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 1% | 2% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 504 | $228M | 15.5% | $453K |
| High-net-worth individuals | 372 | $1.19B | 80.7% | $3.19M |
| Pension and profit-sharing plans | 8 | $8.21M | 0.6% | $1.03M |
| Charitable organizations | 12 | $22.8M | 1.5% | $1.9M |
| Corporations and other businesses | 4 | $23.9M | 1.6% | $5.98M |
| Total | 900 | $1.47B | 100% | $1.63M |
- Clients
- 504
- Regulatory AUM
- $228M
- AUM share
- 15.5%
- Avg. per client
- $453K
- Clients
- 372
- Regulatory AUM
- $1.19B
- AUM share
- 80.7%
- Avg. per client
- $3.19M
- Clients
- 8
- Regulatory AUM
- $8.21M
- AUM share
- 0.6%
- Avg. per client
- $1.03M
- Clients
- 12
- Regulatory AUM
- $22.8M
- AUM share
- 1.5%
- Avg. per client
- $1.9M
- Clients
- 4
- Regulatory AUM
- $23.9M
- AUM share
- 1.6%
- Avg. per client
- $5.98M
Total
- Clients
- 900
- Regulatory AUM
- $1.47B
- AUM share
- 100%
- Avg. per client
- $1.63M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 6
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
River Wealth Advisors charges up to 1.25% a year for its Asset Management. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Investment Consulting
- Stand-alone financial planning and consulting is billed hourly, generally $150 to $300, negotiable.
River Wealth Holdings, LLC owns 75% or more of River Wealth Advisors and is in turn owned by Rwa Legacy Partners, LLC (50–75%) and Merchant Wealth Partners, LLC (25–50%). The leadership team of River Wealth Advisors includes Chief Compliance Officer Ralph Manna. It has 20 employees, 9 of them in advisory roles.
Staff
- 20 employees
- 9 in advisory functions
- 14 state-registered reps
- 6 soliciting firms
- Owns 75% or more of River Wealth Advisors LLC
River Wealth Holdings, LLC
Control person · since September 2021
- Owns 50% to 75% of River Wealth Holdings, LLC
Rwa Legacy Partners, LLC
Control person · since September 2021
- Owns 50% to 75% of Rwa Legacy Partners, LLC
Edward O'Gorman
Control person · since September 2021
- Owns 25% to 50% of Rwa Legacy Partners, LLC
Rebecca Stevenson
Control person · since September 2021
- Owns 25% to 50% of River Wealth Holdings, LLC
Merchant Wealth Partners, LLC
Control person · since June 2023
River Wealth Advisors’ regulatory assets grew 1.8× from $818M (March 2021) to $1.47B (September 2026); clients rose from 642 to 900 and employees from 15 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $1.47B | 900 | 20 | 3 |
| Mar 2025March 2025 | $1.26B | 857 | 17 | 2 |
| Mar 2024March 2024 | $1.06B | 808 | 17 | 2 |
| Jul 2023July 2023 | $897M | 777 | 15 | 2 |
| Mar 2022March 2022 | $1.04B | 737 | 15 | 3 |
| Mar 2021March 2021 | $818M | 642 | 15 | 2 |
Besides its headquarters, River Wealth Advisors has 2 offices, with 3 listed addresses in 1 state.
Pennsylvania · 3 listed addresses
- 100 Corporate Center Drive, Suite 102, Camp HillHQ
- 101 North Queen Street, Lancaster
- 842 W. Hamilton Street, Allentown
Contact and registration details
- Legal name
- River Wealth Advisors LLC
- Headquarters
- 100 Corporate Center Drive, Suite 102, Camp Hill, PA 17011
- Website
- riverwealthadvisors.com
- Phone
- 717-888-9830
- @9300544
- SEC file
- 801-80629
- Founded
- 2014
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
River Wealth Advisors’ named custodian for separately managed accounts is Charles Schwab ($1.33B). River Wealth Advisors has custody of $309M for 230 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.33B100%
At year end, River Wealth Advisors’ separately managed accounts were largely in stocks (44%) and bonds (29%). Its reported 13F holdings for the quarter ended 30 June 2026 total $956M across 217 positions; the largest are Apple Inc. (5.7%), iShares TR (5.4%) and Nvidia Corporation (4.7%).
What the accounts hold
- Stocks44%
- Funds26%
- Bonds29%
- Investment grade corporate bonds23%
- State and local bonds4%
- U.S. government and agency bonds1%
- High-yield corporate bonds1%
- Cash1%
How many clients does River Wealth Advisors have?
River Wealth Advisors has 900 clients and manages $1.47 billion for them, as of September 2026. They include 504 individual clients, 372 high-net-worth individuals and 12 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 September 2026
What services does River Wealth Advisors offer?
River Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does River Wealth Advisors charge?
River Wealth Advisors charges up to 1.25% a year for its Asset Management. The fee is billed in arrears and is negotiable.
Source: RIVER WEALTH ADVISORS LLC FORM ADV PART 2A BROCHURE, filed 15 June 2026
Which custodians does River Wealth Advisors use?
River Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.33B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 September 2026
How many financial advisors does River Wealth Advisors have?
River Wealth Advisors has 14 investment adviser representatives registered with state securities authorities, out of 20 employees, and 9 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
What does River Wealth Advisors invest in?
At the end of its last fiscal year, River Wealth Advisors’ separately managed accounts held 44% exchange-traded equities, 26% registered funds (mutual funds, ETFs, BDCs), 23% investment grade corporate bonds, 4% state and local bonds, 1% U.S. government and agency bonds, 1% high-yield corporate bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns River Wealth Advisors?
River Wealth Advisors is owned through a chain of holding companies by Edward O'Gorman, Merchant Wealth Partners, LLC and Rebecca Stevenson. Its direct owner is River Wealth Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 September 2026
How does River Wealth Advisors get paid?
River Wealth Advisors 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 River Wealth Advisors?
River Wealth Advisors’ main office is at 100 Corporate Center Drive, Suite 102, Camp Hill, PA 17011. Its phone number is 717-888-9830. Its website is riverwealthadvisors.com.