Devin J. Garofalo, AIF® is the CEO of Colonial River Wealth Management and a nationally recognized leader in the financial services industry. With over 18 years of experience and licenses in 45 states, Devin is consistently ranked among the top 1% of LPL Financial advisors. Known for his client-first mindset, fiduciary integrity, and strategic approach, Devin blends data-driven planning with values-based leadership. He is also an Accredited Investment Fiduciary®, active advocate on Capitol Hill, and a lifelong mentor and community contributor. His advisory style is built on trust, transparency, and results. Beyond finance, Devin’s mission is rooted in service—to his clients, his team, and his community.
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Ranked #72 out of 21,000+ LPL Financial advisors in 2022, Devin has continually placed among the top 1% for excellence in strategy, service, and client outcomes. This ranking reflects both technical excellence and high client satisfaction. It showcases his long-standing commitment to performance-driven advisory work.
Under Devin’s leadership, Colonial River Wealth Management was named the top advisory firm in Midlothian, Virginia by SmartAsset in 2023. The firm is known for blending personal attention with robust financial tools. Its recognition highlights Devin’s ability to build a firm rooted in value and vision.
A key voice on LPL Financial’s government relations team, Devin contributes to shaping national financial policy and advocating for investor protections. He regularly engages with lawmakers and regulatory bodies in Washington, D.C. His work influences legislation that supports transparency and client rights.
Devin specialises in tailored investment strategies and retirement planning, ensuring long-term financial health for clients in 45 states.
Each plan is customised based on life goals, risk tolerance, and market conditions. His focus is to create durable strategies that adapt with clients’ needs.
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From portfolio management to risk mitigation, his firm provides comprehensive financial services grounded in fiduciary responsibility.
Clients benefit from integrated solutions that account for every stage of life. This ensures they receive both tactical advice and big-picture guidance.
AIF® stands for Accredited Investment Fiduciary®, a designation demonstrating expertise in ethical, client-focused financial advice and fiduciary responsibility. It signifies Devin’s commitment to placing clients’ interests ahead of his own. The certification requires ongoing education and ethical performance.
Devin is licensed in 45 states, allowing him to serve clients across nearly the entire United States. This broad licensure makes him a trusted advisor for individuals and businesses nationwide. It also reflects his adaptability across various state regulations.
The firm offers retirement planning, investment strategy, wealth preservation, and portfolio management tailored to individual goals. These services are backed by a data-driven, values-led approach. Every plan is built to grow, protect, and transition wealth effectively.
Yes, he has ranked among the top 100 LPL Financial advisors and led a firm named the top advisory practice in Midlothian by SmartAsset. These accolades reflect both personal leadership and firm-wide excellence. They signal a trusted reputation within the financial industry.
Devin actively participates in LPL’s government relations team and national advisory councils, advocating for industry improvements and investor rights. His leadership helps shape better outcomes for clients and advisors alike. He’s committed to driving positive change on a national level.
Absolutely. He is a church leader, youth sports coach, and mentor, committed to making a positive impact both professionally and personally. Devin believes true leadership extends beyond the boardroom. His community roles reflect the same values he brings to financial advising.
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