Put time back in your day.

GVA’s platform continues to help advisors succeed. As you continue to grow, so does your client base, creating additional servicing and trading needs. Whether you’re still growing your practice, or looking to scale back, let GVA take the work off your plate. We are proud to introduce the GVA Small Account Solution (SAS) that helps advisors free up time by identifying a group of accounts for a partial book sale or revenue split. It’s as simple as 1-2-3.

  1. Identify the advisory/brokerage accounts that no longer fit your practice
  2. Decide on a revenue split or partial book sale
    1. A partial book sale purchase agreement is to be signed by both parties
  3. Transfer accounts to GVA’s internal servicing team

While small-balance accounts can be a good source of referrals and an investment in a firm’s future growth, portfolio management, and client meetings take up the majority of a firm’s time (i.e. a time commitment that can be the same for a $5 million account as it is for a $5,000 IRA). GVA can accept accounts from any of our available custodians, within both advisory and brokerage channels! This process is straightforward, easy, and automated by utilizing our internal Salesforce platform and AdvisorBOB! Check out some of our FAQs!

To get started with each platform, please email investments@greatvalleyadvisors.com.

No, since all advisory and brokerage accounts are underneath GVA, they may move without client signatures.

You may either:

  • Be paid a 1.5x trailing 12-month GDC multiple for brokerage, advisory, and direct accounts. Once you transition the accounts, GVA assumes any attrition risk associated with the sale
  • Be paid 50% of revenue on an on-going basis while underneath GVA through AdvisorBOB (Proper licensing required)

Pre-approved client letters are available for your use below. If you make material changes to the letter templates, please submit to Marketing Regulatory Review (MRR) or GVA compliance for review.

Once you’ve notified your clients, our team will establish the new rep ID and begin the account transition process.

Yes! You will still have visibility within AdvisorBOB and Salesforce to see your clients.

Absolutely! Your account numbers, history, portfolio, digital access, and information already on file will remain the same. Your client will continue to receive their statements as they always have.

Partial Book Sale.

When you complete a partial book sale, GVA will purchase those identified accounts at a 1.5x multiple off of your trailing 12 months (Up-front!), and they will be serviced by a GVA Wealth Management advisor with their investments included in our GVA Asset Management platform!

Revenue Split. 

When you complete a revenue split, GVA will not purchase, but rather split the revenue with you on an ongoing basis! We will take over servicing and trading those account accounts by utilizing a GVA Wealth Management advisor and investing them in the GVA Asset Management platform. All accounts are placed under a split ID with a GVA Wealth Management advisor in place, and all advisory fees are visible through AdvisorBOB for the original advisor to see! You may also continue to view the client’s information within Salesforce.

GVA Basecamp Recording: Small Account Solution with Ryan Brumfield

To get started with each platform, please email smallaccounts@greatvalleyadvisors.com.

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