SourcingSourcing

COLONIAL RIVER INVESTMENTS, LLC

C37
CRD 284839·SEC 801-113243·MIDLOTHIAN, VA
AUM
$464.4M
$100M-$500M
Est. Revenue
$4.6M
@ 1% on AUM
Est. EBITDA
$1.4M
@ 30% margin
Est. Deal Value
$11.1M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
COLONIAL RIVER INVESTMENTS, LLC
CRD
284839
SEC file #
801-113243
EIN
814196840
DBA names
Colonial River Wealth Management Llc

Economics

AUM
$464.4M
AUM band
$100M-$500M
AUM trajectory
'20'26
$136.3M → $464.4M▲ +241%
Client mix
Individuals Other1,624
Individuals High Net Worth174

Operations

Employees (total)
21
Advisory staff (per ADV)
8
Advisory staff (5-yr trend)
'20'26
18 advisors → 8 advisors▼ -56%
Primary office
MIDLOTHIAN VA
Branches
—

Custodian & Brokerage

Primary custodian
LPL Financiallow confidence
Services offered
Financial planningPortfolio mgmt — individualsPortfolio mgmt — businessesSelection of other advisers
Fee basis
% of AUMHourly chargesFixed fees

Filings

Latest ADV filing
03/31/2026
ADV-W filed at
—
Website
colonialriver.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
GAROFALO, DEVIN, J
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
1
Control Persons
GAROFALO, DEVIN, J
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
COLONIALRIVER.COM
Rdap Domain Creation Date
2015-11-10T17:59:05Z
Rdap Firm Age Years
11
Rdap Firm Age Band
10-20y
Rdap Registrar
GoDaddy.com, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0001845859
Edgar Registered
Yes
Edgar Filing Count
24
Edgar First Filing Date
2021-02-19
Edgar Last Filing Date
2026-04-27
Edgar 13f Count
22
Edgar 13f Latest AUM Estimate
Filing Date2026-04-27
Accession0001951757-26-000743
Edgar Former Names
Colonial River Wealth Management, LLC

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.3827
Soi Zip Pct 200k Plus
0.115
Soi Zip Returns 200k Plus
1,250
Soi Zip Total AGI
1,111,385
Fdic Zip Total Deposits
28,950,000
Fdic Zip Branch Count
1
Fdic Zip Top Banks
Union Bank & Trust

Compliance & brand

Firm Registration Status
active

All other collected signals (27)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
8
Bc Firm Active IA Count
8
Bc Firm IAR Count
8
Custodian Candidates
Full
Lpl Financial6
E*trade4
Edgar Addresses
Mailing
340 BROWNS HILL COURTMIDLOTHIAN, VA 23114
Business
340 BROWNS HILL COURTMIDLOTHIAN, VA 23114
Edgar EIN
814196840
Edgar Recent Filings
13F-HR2026-04-27 · 0001951757-26-000743
13F-HR2026-02-04 · 0001951757-26-000350
Fdic Zip Branches Raw
Union Bank & TrustMidlothian, VA
Fdic Zip HHI
10,000
Fdic Zip Top Bank Share Pct
100
Fdic Zip Year
2015
Firm Has Custody
No
Mailing Office Differs
No
Rdap Domain Expiration Date
2026-11-10T17:59:05Z
Rdap Domain Last Changed
2024-11-11T16:30:33Z
Rdap Nameservers
Ns41.domaincontrol.comNs42.domaincontrol.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Delete ProhibitedClient Renew ProhibitedClient Transfer ProhibitedClient Update Prohibited
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI24,972
Returns2,200
Stub 2
AGI67,058
Returns1,790
Stub 3
AGI94,441
Returns1,530
Soi Zip Total Business Income
23,323
Soi Zip Total Cap Gains
29,879
Soi Zip Total Dividends
19,706
Soi Zip Total Returns
10,870
Top Owner CRD
4853435
Trust Company Affiliate
No

People (8)

8
GAROFALO, DEVIN, J
IAR · Direct Owner · 87.5%
4853435
STEVEN GARY PRESTYLY
IAR
1674837
JOHN DONALD ROBERTSON
IAR
1200536
Brian Michael Wotring
IAR
7048562
ALAN TORRENCE DAWKINS
IAR
3000130
MERRICK GREEN BURLESON
IAR
845182
CATHERINE ANNE BELANGER
IAR
4158039
ALEX ETHAN HENDRICKSON
IAR
4485648