Pettyjohn, Wood & White, Inc. is a large advisory firm based in Lynchburg. It manages $456.11 million of regulatory assets for 807 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Colorado, Florida, Georgia, and 8 other states.
Pettyjohn, Wood & White 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.
The assets under management (AUM) of Pettyjohn, Wood & White, Inc. is $456.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Pettyjohn, Wood & White, 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.
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 William N Mays is high net worth individuals with 133 clients and $305.58 million of assets under management. Among the 6 most similar advisory firms, Pettyjohn, Wood & White has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $456.11 million for 391 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.
Pettyjohn, Wood & White doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 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.
William N Mays has been acting as President since 1 Dec 2012. John D Doyle joined the executive team most recently as the Chairman/Chairman Of The Board.
The principal office where Pettyjohn, Wood & White, Inc. performs its advisory services is located at 1925 Atherholt Road, Lynchburg, VA 24501 The mailing address of the firm is P. O. Box 310, Lynchburg, VA 24505. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 434-845-1266 or by fax 434-845-2904. The normal business hours are 8:30 a.m.to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at pwandw.com.