River Wealth Advisors Llc
- Regulatory AUM
- $1.5B
- Discretionary
- $1.4B
- Clients
- 900
- Avg AUM / client
- $1.6M
- Accounts
- 2,589
- Employees
- 20
AUM over time
Annual snapshots from Form ADV filings · as of Jun 16, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 504 | $228M | 15.5% |
| High net worth individuals | 372 | $1.2B | 80.7% |
| Pension and profit sharing plans | 8 | $8.2M | 0.56% |
| Charitable organizations | 12 | $22.8M | 1.55% |
| Corporations and other businesses | 4 | $23.9M | 1.63% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Hb Global 401(k) Plan Hbg, Inc. | 2024 | |
| Gannett Fleming, Inc. Tax Deferred 401(k) Savings Plan Gannett Fleming, Inc. | 2024 | |
| United Airlines Pilot Retirement Account Plan United Airlines, Inc. | 2024 |
People (16)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Edward Bernard O'gorman | Ceo, Managing Partner | CFA | Jun 2016 (10y) | ≈ 18.75% – 56.25% via Rwa Legacy Partners, Llc |
| Ralph E Manna | Chief Compliance Officer | Apr 2019 (7y) | Less than 5% | |
| Stevenson, Rebecca | Chief Client Officer, Managing Partner | Sep 2021 (5y) | Less than 5% | |
| Jennifer Ann Collins | Registered representative | CFP | Jun 2016 (10y) | |
| Mark Lee Loomis | Registered representative | Sep 2016 (10y) | ||
| Rachel Stam | Registered representative | Jan 2019 (8y) | ||
| Judith Ann Savchak | Registered representative | Aug 2019 (7y) | ||
| Debra Lynne Hippensteel | Registered representative | Aug 2019 (7y) | ||
| Andrew O'gorman | Registered representative | CFP | Jan 2020 (7y) | |
| Eric Alexander Wiegand | Registered representative | CFP | May 2020 (6y) | |
| Jesse Homer Robinson | Registered representative | Oct 2021 (5y) | ||
| Benjamin Earl Dum | Registered representative | CFP | May 2022 (4y) | |
| Heather L Rivas | Registered representative | CFP | Sep 2022 (4y) | |
| Bradford Douglas Houchins | Registered representative | CFP | Jul 2024 (2y) | |
| William Mitchell Fenimore | Registered representative | Oct 2025 (1y) | ||
| Jay Joseph Jajich | Registered representative | Dec 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| River Wealth Holdings, Llc | Member | Sep 2021 | A | 75% or more |
| Rwa Legacy Partners, Llc | Managing Member | Sep 2021 | B | ≈ 37.5% – 75% via River Wealth Holdings, Llc |
| Merchant Wealth Partners, Llc | Member | Jun 2023 | B | ≈ 18.75% – 50% via River Wealth Holdings, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Edward Bernard O'gorman: 50% – 75% of Rwa Legacy Partners, Llc × 50% – 75% of River Wealth Holdings, Llc × 75% – 100% direct ≈ 18.75% – 56.25% of the firm
- Rwa Legacy Partners, Llc: 50% – 75% of River Wealth Holdings, Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Merchant Wealth Partners, Llc: 25% – 50% of River Wealth Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
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.
Retirement plans served (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Hb Global 401(k) Plan | Hbg, Inc. | 1,586 | $109M | 01/01/2024 |
| Gannett Fleming, Inc. Tax Deferred 401(k) Savings Plan | Gannett Fleming, Inc. | 5,064 | $830M | 01/01/2024 |
| United Airlines Pilot Retirement Account Plan | United Airlines, Inc. | 17,444 | $16.8B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/16/2026 | 939 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FROM MARCH 2015 UNTIL APPROXIMATELY THE DATE OF THE CONSENT AGREEMENT AND ORDER, RIVER WEALTH ADVISORS LLC FAILED TO REGISTER TWO EMPLOYEES AS INVESTMENT ADVISER REPRESENTATIVES IN PENNSYLVANIA IN VIOLATION OF THE PENNSYLVANIA SECURITIES ACT OF 1972. Status: Final Sanction Detail: NOT APPLICABLE Summary: IN OCTOBER 2014, RIVER WEALTH ADVISORS LLC CONTRACTED WITH AN INDEPENDENT COMPLIANCE CONSULTANT AND LAW FIRM TO NOT ONLY FACILITATE AND SUBMIT REGISTRATION FORMS ON ITS BEHALF, BUT TO ALSO PROVIDE ONGOING MONITORING OF REGISTRATION STATUS TO PREVENT LAPSES. AS A RESULT OF THE CONSENT AGREEMENT AND ORDER DESCRIBED ABOVE, RIVER WEALTH ADVISORS LLC HAS TERMINATED ITS USE OF THE PREVIOUSLY ENGAGED COMPLIANCE CONSULTANT AND LAW FIRM'S SERVICES, IN ADDITION TO ADOPTING INTERNAL CONTROLS TO PREVENT FUTURE REGISTRATION LAPSES.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Charles Schwab & Co. $1.3B (90% of AUM) Jun 2026
- Fidelity Investments Institutional Services Company, Inc. $182M (37% of AUM) Aug 2019
- Fidelity Distributors Company Llc $169M (21% of AUM) Mar 2022
- National Financial Services (Fidelity) $98.1M (9% of AUM) Dec 2022
- Truist Bank $16.0M (2% of AUM) Dec 2022
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: Jun 16, 2026.
View current Form ADV (SEC/IAPD) ↗