Yorktown Management And Research Co Inc (Lynchburg)

Yorktown Management And Research Co Inc is a large advisory firm based in Lynchburg. It manages $1.18 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Virginia.

Yorktown Management And Research provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Yorktown Management And Research: assets under management

The assets under management (AUM) of Yorktown Management And Research Co Inc is $1.18 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 854% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.18 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $168.25 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Yorktown Management And Research Co 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.

What kind of clients Leslie Mason Basten serves?

The only and largest group of clients of Leslie Mason Basten is investment companies with 1 clients and $1.18 billion of assets under management. Among the 10 most similar advisory firms, Yorktown Management And Research has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.18 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Yorktown Management And Research doesn't advise any private funds.

Careers at Yorktown Management And Research Co Inc

The company employs 16 people that are either part- or full-time employees. 44 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.

Leslie Mason Basten has been acting as President since 1 Apr 1991. Elizabeth Brentz Basten joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Dillard Basten	President & director	1 Jan 1985	50% - 75%	827593
Charles Douglas Foster	Chief financial officer	1 Aug 1988	Other	1886905
Leslie Mason Basten	Director	1 Apr 1991	Other	2364591
Louis Bevier Basten	Secretary/treasurer & director	1 Apr 1993	Other	2364590
Alison Mason Sigler	Shareholder	1 Oct 1994	Other	2562440
Aubrey Lee Mason	Shareholder	1 Oct 1994	Other	322160
Walter Gordon Mason	Shareholder	1 Oct 1994	Other	2562438
Peter Leonard Smith	Chief compliance officer	1 Sep 2004	Other	3163839
Austin Duff Basten	Secretary/treasurer & director	1 Feb 2008	Other	4220132
David Dwain Jones	Chief compliance officer	1 Feb 2008	Other	2761758
Austin Duff Basten	Chief compliance officer	1 Sep 2009	Other	4220132
David Mason Basten	Shareholder	1 Dec 2012	Other	4378358
Elizabeth Brentz Basten	Shareholder	1 Aug 2017	Other	5024335

Based in Lynchburg

The principal office where Yorktown Management And Research Co Inc performs its advisory services is located at 2303 Yorktown Ave, Lynchburg, VA 24501 2146, 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 434-846-1361 or by fax 434-846-1837. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday.