Thompson Davis & Co., Inc. is an adviser based in Richmond. It manages $70.56 million of regulatory assets for 343 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Arizona, California, and 32 other states.
Thompson Davis & Co. provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as sells research to bd, ria firms, inv company.
The assets under management (AUM) of Thompson Davis & Co., Inc. is $70.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 89% 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 Thompson Davis & Co., Inc. for their services and products based on a percentage of assets under management, 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 individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Thompson Davis & Co. is high net worth individuals with 257 clients and $49.32 million of assets under management. Among the 4 most similar advisory firms, Thompson Davis & Co. has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $69.74 million for 344 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.
Thompson Davis & Co. also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $200,000 for each fund.
The company employs 13 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. 8 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.
The principal office where Thompson Davis & Co., Inc. performs its advisory services is located at 15 S. 5 Th Street, Richmond, VA 23219 The mailing address of the firm is P.O. Box 1854, Richmond, VA 23218. An additional office of the firm is in Sarasota, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 804-644-6380 or by fax 804-644-6392. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at thompsondavis.com.