Investment Management Of Virginia, LLC (Richmond)

Name: Investment Management Of Virginia, LLC
Address: 919 East Main Street, Richmond, VA, 23219
Telephone: 804-643-1100

Investment Management Of Virginia, LLC is a large advisory firm based in Richmond. It manages $448.68 million of regulatory assets for 487 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Colorado, District of Columbia, and 13 other states.

Investment Management Of Virginia provides portfolio management for individuals and small businesses 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.

Investment Management Of Virginia: assets under management

The assets under management (AUM) of Investment Management Of Virginia, LLC is $448.68 million. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $446.52 million in discretionary accounts and $2.16 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $920.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.08 million.

Investment Management Of Virginia has custody of $113.54 million in cash and securities for 82 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investment Management Of Virginia, LLC for their services and products based on a percentage of assets under management and fixed fees. 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.

What kind of clients Bradley Hunt Gunter serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Bradley Hunt Gunter is high net worth individuals with 111 clients and $267.08 million of assets under management. Among the 7 most similar advisory firms, Investment Management Of Virginia has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $421.6 million for 464 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.

Investment Management Of Virginia doesn't advise any private funds.

Careers at Investment Management Of Virginia, LLC

The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Bradley Hunt Gunter has been acting as President since 1 Jul 2000. Catherine Hodges Newins joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Holmes Bocock	Chairman, director	1 Jul 2000	75% - 100%	2856099
Bradley Hunt Gunter	President/director	1 Jul 2000	Other	1621904
George Jennings Mcvey	Director, chief financial officer	1 Jul 2000	Other	2761754
Frederic Scott Bocock	Director	1 Jul 2000	25% - 50%	24521
Robert Bruce Arthur	Chairman/director	1 Jul 2001	25% - 50%	1753337
Thomas Friedich Neuhaus	Director, portfolio manager	1 Jan 2012	Other	2661389
Catherine Hodges Newins	Chief compliance officer	1 Dec 2016	Other	1141857

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Frederic S. Bocock Revocable Trust	Trust	1 Nov 2008	Other	32-6078541
John Holmes Bocock	Trustee	1 Nov 2008	Other	2856099
Alexander Hamilton Bocock	Trustee	1 Nov 2008	Other	3131896
Natalie Bocock Turnage	Trustee	1 Nov 2008	Other	5628118
Marianne Bocock Doyle	Trustee	1 Nov 2008	Other	5628121

Based in Richmond

The principal office where Investment Management Of Virginia, LLC performs its advisory services is located at 919 East Main Street, Richmond, VA 23219 The mailing address of the firm is P.O. Box 1156, Richmond, VA 23218 1156. An additional office of the firm is in Charlottesville, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-643-1100 or by fax 804-643-7599. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at imva.net.