The Edgar Lomax Company (Alexandria)

Name: The Edgar Lomax Company
Address: 5971 Kingstowne Village Parkway, Alexandria, VA, 22315
Telephone: 703-719-0026

The Edgar Lomax Company is a large advisory firm based in Alexandria. It manages $1.37 billion of regulatory assets for 37 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Virginia.

The Edgar Lomax Company 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 Edgar Lomax Company: assets under management

The assets under management (AUM) of The Edgar Lomax Company is $1.37 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.37 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $36.91 million each.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Edgar Lomax Company for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Felicia Odette Flowers Smith serves?

The firm provides services to investment companies, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Felicia Odette Flowers Smith is state or municipal government entities with 14 clients and $677.31 million of assets under management. Among the 12 most similar advisory firms, The Edgar Lomax Company has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.07 billion for 27 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.

The Edgar Lomax Company doesn't advise any private funds.

Careers at The Edgar Lomax Company

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Felicia Odette Flowers Smith has been acting as President since 1 Jun 1988. Michael A. Kallish Trua Lorraine H Shultz Trust joined the executive team most recently as the Stockholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Randall Robbi Eley	President, director	1 Mar 1983	50% - 75%	1766290
Felicia Odette Flowers Smith	Director	1 Jun 1988	Other	1156402
Raymond Scott Mcgaugh	Director	1 Jun 1988	Other	2649886
Jr. Melvin Clyde Eley	Director	1 Jun 1988	Other	4344697
Felicia Odette Flowerssmith	Director	1 Jun 1988	Other	1156402
Melvin Clyde Eley	Director	1 Jun 1988	Other	4344697
Michael Allen Kallish	Director	1 Jan 1991	Other	4344700
William Owen Kafes	Director	1 Mar 1994	Other	1509839
William O Kafes	Director	1 Mar 1994	Other	1509839
Dena Lynn Hudgins	Vice president of administration	1 Jan 1996	Other	2465902
Dena Hudgins Gallagher	Vice president of administration	1 Jan 1996	Other	2465902
Phillip Andrew Titzer	Vp of investment operations	1 Jun 1996	Other	2762887
Philip Andrew Titzer	Vp of investment operations	1 Jun 1996	Other	2762887
Darlyce Melinda Eley	Treasurer	1 May 1997	Other	4344693
Lorraine Huff Schultz	Stockholder	1 Sep 1999	Other	4344708
Thomas Berrigan Murray	Chief operating officer, chief compliance officer	1 Aug 2001	Other	4520224
Dana Leaman Silverman	Director	1 May 2003	Other	4765694
Michael A. Kallish Trua Lorraine H Shultz Trust	Stockholder	1 Jun 2012	Other	38-7047385
Michael A. Kallish & Dana L. Silverman Trua Lorraine H. Schultz Irrevocable Trust	Stockholder	1 Jun 2012	Other	52-7055851

Based in Alexandria

The principal office where The Edgar Lomax Company performs its advisory services is located at 5971 Kingstowne Village Parkway, Alexandria, VA 22315, 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 703-719-0026 or by fax 703-719-9483. The normal business hours are 9:00 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at edgarlomax.com.