L. Roy Papp & Associates, Llp
- Regulatory AUM
- $1.6B
- Discretionary
- $1.4B
- Clients
- 576
- Avg AUM / client
- $2.8M
- Accounts
- 1,847
- Employees
- 10
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of May 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 273 | $129M | 7.94% |
| High net worth individuals | 276 | $1.3B | 82.5% |
| Investment companies | 1 | $44.1M | 2.72% |
| Pension and profit sharing plans | 6 | $31.5M | 1.94% |
| Charitable organizations | 13 | $66.9M | 4.12% |
| Corporations and other businesses | 7 | $13.0M | 0.8% |
People (12)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Harry A Papp | General Partner | CFA | Oct 1989 (37y) | 25% – 50% |
| Rosellen C Papp | General Partner | CFA | Oct 1989 (37y) | 10% – 25% |
| Cavallero, Victoria, Susan | General Partner | Jan 1993 (34y) | 25% – 50% | |
| Jeffrey Nels Edwards | General Partner | CFA | Jan 1993 (34y) | Less than 5% |
| Julie Ann Hein | General Partner/Chief Compliance Officer | Jan 1996 (31y) | Less than 5% | |
| Christopher Lauren Schaefer | General Partner | CFA | Jul 2005 (21y) | Less than 5% |
| Brian Michael Riordan | General Partner | CFA | Jun 2007 (19y) | Less than 5% |
| Gregory S Smith | General Partner | CFA | Jun 2007 (19y) | Less than 5% |
| Russell Allen Biehl | General Partner | Sep 2015 (11y) | Less than 5% | |
| Judith Ann Macias | General Partner | Apr 2016 (10y) | Less than 5% | |
| Matthew Philip Baum | General Partner | CFA | Jul 2016 (10y) | Less than 5% |
| Alexander Jacques Robert Arnon Bennett | Registered representative | Oct 2023 (3y) |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/27/2026 | 1 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $1.4B (86% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 27, 2026.
View current Form ADV (SEC/IAPD) ↗