Cresap, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Cresap Inc. serves primarily individual retail clients and provides both brokerage services and SEC‑registered investment advisory services across fee‑based and commission‑based arrangements. The firm operates as an introducing broker‑dealer and custodies most client assets through Wells Fargo Clearing Services, and some advisors also manage 401(k) assets held at mutual fund companies.
The firm reports that the bulk of its advisory assets are managed on a non‑discretionary basis—about $372.5 million as of March 27, 2026—while roughly $18.8 million are discretionary, so advisors typically seek client approval before executing trades. Cresap implements client strategies using Wells Fargo programs (Asset Advisor, Custom Choice, PIM) and does not require a single firm‑wide investment strategy, instead developing client‑specific plans and conducting periodic supervisory reviews.
Noteworthy aspects disclosed in the brochure include the firm’s dual broker‑dealer and investment adviser role, its affiliated clearing relationship with Wells Fargo (including cash awards when extending the clearing agreement) and participation in cash‑sweep revenue sharing with the clearing firm. The combination of a predominantly non‑discretionary book and an advisory client base that is not focused on high‑net‑worth households distinguishes Cresap from many peers in the team‑firm category.
Client services
Expertise
Fee options
$0+: Negotiated, usually at or below 1.5% annually for Asset Advisor (non-discretionary) $0+: Negotiated, usually at or below 1.2% annually for Custom Choice (non-discretionary) $0+: Negotiated, usually at or below 2.0% annually for Private Investment Management (PIM) (discretionary)
Advisors may charge transaction commissions instead of flat fees on discretionary accounts; commission rates are negotiable.
Fee-only: Fee based advisory accounts charged annualized level fees based on asset value, negotiated per client and advisor, no commissions charged on transactions within advisory accounts.
Main office
259 N Radnor Chester Rd, Ste 140
Radnor PA 19087
Advisors at this office
5
Most active in
Pennsylvania
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Richard C
Series 63, Series 65
Radnor, PA
Cresap, Inc.
Richard Cobb Jr. is a financial advisor at Cresap, Inc. with 33 years of industry experience. He has held roles at Cresap since 2009 and previously worked at BMT Asset Management and UBS Financial Services. He holds Series 63 and Series 65 licenses. Cresap, Inc. primarily serves individual retail clients through both brokerage and SEC-registered investment advisory services, managing a majority of advisory assets on a non-discretionary basis. The firm utilizes Wells Fargo programs to implement client-specific investment strategies without adhering to a single firm-wide approach.
Jason W
Series 63, Series 65
Radnor, PA
Cresap, Inc.
Jason Walsh is a financial advisor at Cresap, Inc. with 28 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Cresap since 2000. Walsh also acts as an agent on some insurance policy sales outside of the broker/dealer's books and records. Cresap, Inc. is a five-advisor team serving primarily individual retail investors and managing approximately $339 million in client assets. The firm provides both fee-based and transaction-based portfolio management and advisory services, with a focus on non-discretionary client relationships and an affiliated clearing relationship with Wells Fargo.
Kevin P
Series 63, Series 65
Radnor, PA
Cresap, Inc.
Kevin Paine is a financial advisor at Cresap, Inc. in Radnor, PA, with 34 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Cresap since 2004. In addition to his advisory role, Kevin is a licensed real estate broker. Cresap, Inc. is a five-advisor team managing approximately $339 million in client assets, primarily serving individual retail investors. The firm offers portfolio management and advisory services through fee-based and transaction-based formats, with a focus on non-discretionary account management and collaboration with clients on security selection.
Frank C
Series 63, Series 65
Radnor, PA
Cresap, Inc.
Frank Campbell III is a financial advisor at Cresap, Inc. with 32 years of industry experience. He has held roles at Cresap since 2010 and previously worked at Bryn Mawr Asset Management and The Bryn Mawr Trust Co. He serves on the Pennsylvania Bankers Association Securities & Brokerage Advisory Committee and volunteers as a baseball and lacrosse coach, as well as a swimming official in Chester County. Cresap, Inc. is a five-advisor firm managing approximately $339 million, primarily serving individual retail investors. The firm offers portfolio management and advisory services through both fee-based and transaction-based formats, with a focus on non-discretionary accounts and a dual registration model that integrates broker-dealer activities and a clearing relationship with Wells Fargo.
John U
Series 63, Series 66
Radnor, PA
Cresap, Inc.
John Ulrich III is a financial advisor at Cresap, Inc. with 27 years of industry experience. He holds Series 63 and Series 66 licenses and has been with BMT Asset Management since 2015. Cresap, Inc. is a five-advisor team serving primarily individual retail investors and managing approximately $339 million in client assets. The firm offers portfolio management and advisory services in both fee-based and transaction-based formats, with a focus on non-discretionary account management and an affiliated clearing relationship with Wells Fargo.
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