The Edgar Lomax Company is a large advisory firm based in Alexandria. It manages $1.37 billion of regulatory assets for 37 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Virginia.
The Edgar Lomax Company provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Edgar Lomax Company is $1.37 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay The Edgar Lomax Company for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Felicia Odette Flowers Smith is state or municipal government entities with 14 clients and $677.31 million of assets under management. Among the 12 most similar advisory firms, The Edgar Lomax Company has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $1.07 billion for 27 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
The Edgar Lomax Company doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Felicia Odette Flowers Smith has been acting as President since 1 Jun 1988. Michael A. Kallish Trua Lorraine H Shultz Trust joined the executive team most recently as the Stockholder.
The principal office where The Edgar Lomax Company performs its advisory services is located at 5971 Kingstowne Village Parkway, Alexandria, VA 22315, 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 703-719-0026 or by fax 703-719-9483. The normal business hours are 9:00 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at edgarlomax.com.