Pro Nvest, Inc. (Chattanooga)


Pro Nvest, Inc. is a large advisory firm based in Chattanooga. It manages $51.95 million of regulatory assets for 1,802 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 26 other states.

Pro Nvest provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for approximately 2,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pro Nvest: assets under management

The assets under management (AUM) of Pro Nvest, Inc. is $51.95 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 41462% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $51.95 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.83 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pro Nvest, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Pro Nvest, Inc.

Richard Patrick Magrath has been acting as President since 1 Sep 2001. Stephen Lewis Johnson joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Hall Hiller Board member 1 Aug 2000 Other 4506525
Jay Colton Jumper Chief executive officer 1 Aug 2000 50% - 75% 1607969
Robert Clyde Bullard Stock holder / board member 1 Aug 2000 Other 4505546
W Scott Mcginness Board member 1 Aug 2000 Other 4506825
Richard Patrick Magrath President 1 Sep 2001 Other 4502877
John Mark Himebook Chief operation officer 1 Sep 2001 Other 4506502
Steven George Reynolds Senior vice president 1 Feb 2002 Other 5231968
William Hall Hiller Chief financial officer 1 Jun 2004 Other 4506525
Sandra Rigsby Hillis Chief compliance officer 1 Oct 2004 Other 4947784
Jay Colton Jumper President 1 Sep 2006 25% - 50% 1607969
Victoria Elizabeth Silbey Director 1 Sep 2006 Other 5087961
Michael Joseph Ruane Director 1 Sep 2006 Other 2506006
Kevin Thomas Rafferty President swm 1 Sep 2006 Other 4632553
Stephen Lewis Johnson Senior vice president 1 May 2007 Other 4566501

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Inc. Sungard Data Systems Share holder 1 Aug 2005 75% - 100% 51-0267091

Based in Chattanooga

The principal office where Pro Nvest, Inc. performs its advisory services is located at 1203 Carter Street, Chattanooga, TN 37402, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 423-648-1876 or by fax 423-267-4222. The normal business hours are 8am-5pm est on Monday - Friday. You can find more information about the New York firm at www.pronvest.com.