Dudley Capital Management LLC (Middleburg)

Dudley Capital Management LLC is a large advisory firm based in Middleburg. It manages $104.88 million of regulatory assets for 243 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Texas and Virginia.

Dudley Capital Management provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dudley Capital Management: assets under management

The assets under management (AUM) of Dudley Capital Management LLC is $104.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $104.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $431.6 thousand each.

Dudley Capital Management has custody of $104.88 million in cash and securities for 243 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is investment and business development companies, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dudley Capital Management LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Dudley Capital Management 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 Dudley Capital Management is high net worth individuals with 170 clients and $89.09 million of assets under management. Among the 11 most similar advisory firms, Dudley Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $104.88 million for 243 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.

Dudley Capital Management doesn't advise any private funds.

Careers at Dudley Capital Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Philip Rowland Church Dudley	Managing partner and chief compliance officer	1 Jun 2016	75% - 100%	4392990
Thomas U Dudley	Managing partner	1 Feb 2017	Other	72621

Based in Middleburg

The principal office where Dudley Capital Management LLC performs its advisory services is located at 115 The Plains Road, Middleburg, VA 20117 The mailing address of the firm is P.O. Box 494, Middleburg, VA 20118. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 540-687-4600. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.