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L. ROY PAPP & ASSOCIATES, LLP
CRD 105130File 801-35594
APPROVED
Retail clients
Custody
Filing as of May 27, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$1.62B
Top 25% of cohort (national)
Discretionary AUM
$1.36B
Non-discretionary $263.8M
Clients
576
1,847 accounts
Employees
10
Top 25% of cohort in AZ
Identity & registration
ADV Item 1- Organization form
- Limited Liability Partnership
- Firm type
- Registered
- SEC region
- LARO
- Registration date
- Oct 1, 1989
- Principal office
- 2201 E. CAMELBACK ROAD, SUITE 227B, PHOENIX, AZ, 85016
- Phone
- 602-956-0980
- Website
- HTTP://WWW.ROYPAPP.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $1.62B
- Discretionary AUM
- $1.36B
- Non-discretionary AUM
- $263.8M
- Discretionary accounts
- 1,416
- Non-discretionary accounts
- 431
- Total accounts
- 1,847
- AUM per client
- $2.8M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 7 | $13.0M |
| Investment companies | 1 | $44.1M |
| Charitable organizations | 13 | $66.9M |
| High net worth individuals | 276 | $1.34B |
| Pension and profit sharing plans | 6 | $31.5M |
| Individuals (other than high net worth individuals) | 273 | $128.8M |
Compensation & activities
ADV Items 5E, 5GCompensation
- A percentage of assets under your management
Advisory activities
- Portfolio management for other
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Clients | 644 | 576 | decreased by68 |
| Apr 1, 2026 | AUM | $1,534,106,429 | $1,621,804,561 | increased by$87,698,132 |
| Apr 1, 2026 | Accounts | 1,833 | 1,847 | increased by14 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 11 | 10 | decreased by1 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 560 | 644 | increased by84 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $1,437,532,181 | $1,534,106,429 | increased by$96,574,248 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 1,663 | 1,833 | increased by170 |
| Apr 1, 2022 | Clients | 562 | 560 | decreased by2 |
| Apr 1, 2022 | AUM | $1,230,412,944 | $1,437,532,181 | increased by$207,119,237 |
| Apr 1, 2022 | Accounts | 1,540 | 1,663 | increased by123 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “ROY PAPP” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“ROY PAPP” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.