Asset manager · Audubon, PA
Valley Forge Investment Consultants, Inc.
SEC-registered investment adviser · CRD 123898 · SEC 801-107519
At a glance
Valley Forge Investment Consultants, Inc. is an SEC-registered investment adviser based in Audubon, Pennsylvania, with $3.5 billion in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is pension and profit sharing plans, and it reports 240 individual clients. By Form ADV it is a asset manager, ranked 821st of 3,218 asset managers and 2,597th of 17,210 SEC-registered advisers by assets.
Main office 610-783-6650vffg.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.5B
- Rank among asset managers
- #821 of 3,218
- Rank among all SEC RIAs
- #2,597 of 17,210
- Rank in Pennsylvania
- #86 of 564
- Individual clients
- 240
- High-net-worth clients
- 158
- Accounts
- 1,034
- Discretionary
- 24% of AUM
- Employees
- 16
- Advisory staff
- 11
- Offices
- 1
Owners and executives on its Form ADV
- Michael J. MaherChairman/ceo
- Stephen T. MumfordManaging Director
- Sean MaherVice Chairman
- Michael G. MallickSecretary
- Trina B. HannaTreasurer
- Patrick M. LannonChief Compliance Officer
- Patrick R. LaphenPresident
Custody and brokerage
4 custodians
- Empower Financial Services$573M30%
- Voya Financial Partners$473M24%
- Charles Schwab$454M23%
- Fidelity$440M23%
Other RIAs using Empower Financial ServicesOther multi-custodian RIAs
Broker-dealer
Hybrid RIA
Valley Forge Investment Consultants, Inc. is a hybrid RIA: 6 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names M Holdings Securities, an unaffiliated broker-dealer, as the broker-dealer its advisers are registered with.
Maher, Jr. and other individuals associated with VFIC are also separately licensed as registered representatives with M Holdings Securities, Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 128 | $2.5B | 71% |
| High-net-worth individuals | 158 | $927M | 27% |
| Individuals | 82 | $39M | 1% |
| Charitable organizations | 9 | $30M | <1% |
| Corporations or other businesses | 7 | $28M | <1% |
Disciplinary disclosures
Valley Forge Investment Consultants, Inc. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗vffg.com ↗
AtlasMembers
The full record on Valley Forge Investment Consultants, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 9 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 776 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Valley Forge Investment Consultants, Inc. manage?
Valley Forge Investment Consultants, Inc. reports $3.5 billion in regulatory assets under management across 1,034 accounts, 24% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Valley Forge Investment Consultants, Inc.?
Valley Forge Investment Consultants, Inc. is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Valley Forge Investment Consultants, Inc.’s clients?
By assets, its largest client types are pension and profit sharing plans ($2.5 billion, 128 clients); high-net-worth individuals ($927 million, 158 clients); individuals ($39 million, 82 clients).
Does Valley Forge Investment Consultants, Inc. have any disciplinary history?
Valley Forge Investment Consultants, Inc. reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Valley Forge Investment Consultants, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →