Virginia Management Investment Corp (Richmond)

Virginia Management Investment Corp is an adviser based in Richmond. It manages $5.5 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001.

Virginia Management Investment Corp 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.

Virginia Management Investment Corp: assets under management

The assets under management (AUM) of Virginia Management Investment Corp is $5.5 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.5 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Virginia Management Investment Corp 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.

Careers at Virginia Management Investment Corp

Franklin Alexander Trice has been acting as President since 1 Jun 1998. William Brett Hayes joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Franklin Alexander Trice	President	1 Jun 1998	Other	2219809
William Brett Hayes	Shareholder	1 Jun 1998	25% - 50%	1593082
James Poindexter Irby	Secretary/treasurer	1 Jun 1998	Other	1492157
Harry Hathaway Warner	Chairman	1 Jun 1998	Other	4374607
Stephen Mccarthy Goddard	Investor	1 Jun 1998	Other	1513350

Based in Richmond

The principal office where Virginia Management Investment Corp performs its advisory services is located at 7800 Rockfalls Drive, Richmond, VA 23225, which is also the mailing address of the firm. The firm also has an office outside of the United States.