Thompson Davis & Co., Inc. (Richmond)

Name: Thompson Davis & Co., Inc.
Address: 15 S. 5 Th Street, Richmond, VA, 23219
Telephone: 804-644-6380

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.

Thompson Davis & Co.: assets under management

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 firm manages $70.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $205.72 thousand each.

Thompson Davis & Co. has custody of $28.45 million in cash and securities for 52 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 56% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 32% of the firm’s portfolio. Investments in investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

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.

What kind of clients Thompson Davis & Co. serves?

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.

Careers at Thompson Davis & Co., Inc.

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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
June Elaine Altizer	Cfo/finop	1 Jul 2002	Other	2114981
David Pearce Campbell	Senior vice president	1 Jul 2002	Other	39088
William Dale Jr Davis	Ceo	1 Jul 2002	25% - 50%	2056775
Edward Hunter Jr Thompson	Chairman emeritus	1 Jul 2002	Other	445674
Larry Gale Mcclanahan	Senior vice president	1 Jul 2002	Other	2179894
Kevin Stewart Rutherford	Head of trading	1 Jul 2002	Other	2196199
Danielle Egan Davis	Financial consultant	1 Jul 2002	Other	3250356
Michael Edward Jr Flynn	Associate vice president	1 Jul 2002	Other	2430341
Jesse Franklin Iii Goins	Vice president	1 Jul 2002	Other	1956268
Michael John Petusky	Vice president	1 Jul 2002	Other	2142726
Walter Howard Iii Young	Senior vice president	1 Jul 2002	Other	2526191
William Dale Jr Davis	Chief executive officer, chief compliance officer	1 Jul 2005	50% - 75%	2056775
Laurance Herrick Jr Higgins	Vice president	1 Nov 2005	Other	1127723
Charles Richard Roberts	Chief operating officer	1 Apr 2006	Other	846282
Read Morton Jr Northen	Senior vice president	1 Feb 2007	Other	849473
Harper Mcdonald Stephens	Senior vice president	1 Sep 2007	Other	2902923
Janice Eileen Britton	Chief compliance officer	1 Sep 2007	Other	3073460
Kevin Stewart Rutherford	Chief compliance officer	1 Dec 2008	Other	2196199
Victor M Iii Dandridge	Senior vice president	1 Apr 2012	Other	5884409
Larry Gale Mcclanahan	Senior vice president	1 Dec 2013	Other	2179894
Walter Howard Iii Young	Cco	1 Dec 2013	Other	2526191
Pamela Jeanne Prescott	Registered sales assistant	1 Dec 2013	Other	5277051
Matthew Henry Daniel	Sr. vice president	1 Dec 2013	Other	4258203
Edward Hunter Jr Thompson	Chairman emeritus	1 Jul 2014	Other	445674
William Dale Jr Davis	Co ceo	1 Aug 2014	25% - 50%	2056775
Louis David Dworsky	Co ceo	1 Aug 2014	25% - 50%	1689624
William Dale Jr Davis	Ceo	1 Sep 2014	25% - 50%	2056775
Louis David Dworsky	Registered investment advisor	1 Sep 2014	Other	1689624
Victor M Iii Dandridge	Director of investment management	1 Jun 2015	Other	5884409
Llc Clock Wise Investing	Minority owner	1 Mar 2017	Other	47-1996317
Larry Gale Mcclanahan	Senior vice president	1 Oct 2017	Other	2179894
Walter Howard Iii Young	Cco	1 Oct 2017	Other	2526191
Adam Robert Thalhimer	Director of research	1 Oct 2017	Other	4472072
Peggy Myers Walz	Supervisory analyst	1 Oct 2017	Other	2996925
Brant Christopher Jones	Equity trader	1 Oct 2017	Other	5945363
Adam Robert Thalhimer	Director of research	1 Jul 2018	Other	4472072
Matthew Henry Daniel	Sr. vice president	1 Jan 2019	Other	4258203
Peggy Myers Walz	Cco	1 Jan 2019	Other	2996925

Based in Richmond

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.