The London Company Of Virginia, LLC is a large advisory firm based in Richmond. It manages $8.2 billion of regulatory assets for 5,918 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
The London Company Of Virginia 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 London Company Of Virginia, LLC is $8.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 224% since the beginning of its operation, and $566.71 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay The London Company Of Virginia, LLC for their services and products based on a percentage of assets under management 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, insurance companies, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of The London Company Of Virginia is investment companies with 5 clients and $2.23 billion of assets under management. Among the 10 most similar advisory firms, The London Company Of Virginia has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $8.2 billion for 5,918 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
The London Company Of Virginia also advises several private funds.
The company employs 38 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. 21 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 compensates 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 The London Company Of Virginia, LLC performs its advisory services is located at 1800 Bayberry Court, Suite 301, Richmond, VA 23226, which is also the mailing address of the firm. An additional office of the firm is in Sea Girt, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 804-775-0317 or by fax 804-649-9447. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tlcadvisory.com/.