SEC Form ADV, by state
The largest investment adviser firms in Virginia
The current SEC Form ADV data lists 339 investment adviser firms headquartered in Virginia, of which 16 (4.7%) answered yes to at least one disciplinary or legal question on Form ADV Item 11. Below are the 50 largest by regulatory assets under management, a gross size measure each firm reports itself. Size is not a quality score, and no public record reports any firm's investment returns.
| Firm | City | Regulatory AUM | Fee methods | Item 11 disclosure |
|---|---|---|---|---|
| VEST FINANCIAL LLC | MCLEAN | $52B | % of AUM | yes, reported |
| SANDS CAPITAL MANAGEMENT, LLC | ARLINGTON | $44B | % of AUMperformance | none reported |
| INVESTURE, LLC | CHARLOTTESVILLE | $39B | % of AUMperformance | none reported |
| STRATEGIC INVESTMENT MANAGEMENT, LLC | ARLINGTON | $36B | % of AUMfixedperformance | none reported |
| CORNERSTONE PARTNERS | CHARLOTTESVILLE | $29B | % of AUMperformance | none reported |
| DAVENPORT & COMPANY LLC | RICHMOND | $25B | % of AUMhourlyfixedperformancecommissionsother | yes, reported |
| THOMPSON SIEGEL & WALMSLEY LLC | RICHMOND | $21B | % of AUMperformance | none reported |
| MASON INVESTMENT ADVISORY SERVICES INC | RESTON | $16B | % of AUMfixed | yes, reported |
| THE LONDON COMPANY OF VIRGINIA | RICHMOND | $15B | % of AUM | none reported |
| AKRE CAPITAL MANAGEMENT, LLC | MIDDLEBURG | $12B | % of AUMperformance | none reported |
| CARY STREET PARTNERS | RICHMOND | $10B | % of AUMhourlyfixedperformanceother | none reported |
| AGINCOURT CAPITAL MANAGEMENT, LLC | RICHMOND | $10.0B | % of AUMperformance | yes, reported |
| COLUMBIA CAPITAL | ALEXANDRIA | $9.1B | % of AUMperformance | none reported |
| BROWN ADVISORY | NORFOLK | $7.6B | % of AUMfixedperformance | none reported |
| HOMESTEAD ADVISERS CORP. | ARLINGTON | $7.5B | % of AUMother | none reported |
| CASSADAY & COMPANY, INC. | MCLEAN | $7.1B | % of AUMhourlyother | none reported |
| FOXHAVEN ASSET MANAGEMENT, LP | CHARLOTTESVILLE | $6.5B | % of AUMperformance | none reported |
| SPIDER MANAGEMENT COMPANY, LLC | RICHMOND | $6.4B | % of AUM | none reported |
| ANDERSEN | MCLEAN | $6.3B | % of AUMhourlyfixed | none reported |
| EJF CAPITAL LP | ARLINGTON | $6.1B | % of AUMperformanceother | yes, reported |
| RICHMOND CAPITAL MANAGEMENT INC | RICHMOND | $5.9B | % of AUMperformance | none reported |
| BROCKENBROUGH | RICHMOND | $5.5B | % of AUMfixedperformance | none reported |
| SANDS CAPITAL ALTERNATIVES, LLC | ARLINGTON | $5.4B | % of AUMperformance | none reported |
| HERITAGE WEALTH ADVISORS | RICHMOND | $4.9B | % of AUMfixed | none reported |
| THE ASCENT GROUP, LLC | VIRGINIA BEACH | $4.8B | % of AUMhourlyfixed | none reported |
| WASHINGTON HARBOUR PARTNERS LP | ARLINGTON | $4.7B | % of AUMperformance | none reported |
| SPIRE WEALTH MANAGEMENT, LLC | MCLEAN | $4.5B | % of AUMhourlyfixedsubscription | yes, reported |
| GLADSTONE MANAGEMENT CORPORATION | MCLEAN | $4.4B | % of AUMperformanceother | none reported |
| WEALTHCARE CAPITAL MANAGEMENT LLC | RICHMOND | $3.9B | % of AUMhourlyfixed | none reported |
| HARBOR GROUP INTERNATIONAL, LLC | NORFOLK | $3.8B | % of AUMother | none reported |
| 57 STARS LLC | ARLINGTON | $3.7B | % of AUMperformance | none reported |
| THE BURNEY COMPANY | RESTON | $3.6B | % of AUMfixed | none reported |
| QUAD-C MANAGEMENT, INC. | CHARLOTTESVILLE | $3.5B | % of AUMperformance | none reported |
| 1607 CAPITAL PARTNERS, LLC | RICHMOND | $3.5B | % of AUMperformance | none reported |
| BOGART WEALTH, LLC | MCLEAN | $3.2B | % of AUM | none reported |
| WEST FINANCIAL SERVICES, INC. | MCLEAN | $2.8B | % of AUMhourlyfixed | none reported |
| REMBERT PENDLETON JACKSON | VIENNA | $2.7B | % of AUMfixed | none reported |
| QUINN OPPORTUNITY PARTNERS | CHARLOTTESVILLE | $2.6B | % of AUMperformanceother | none reported |
| MOTLEY FOOL ASSET MANAGEMENT | ALEXANDRIA | $2.6B | % of AUM | none reported |
| GLASSMAN WEALTH SERVICES, LLC | VIENNA | $2.6B | % of AUMfixed | none reported |
| OXFORD FINANCE ADVISORS, LLC | ALEXANDRIA | $2.4B | % of AUMperformanceother | none reported |
| RIVERFRONT INVESTMENT GROUP, LLC | RICHMOND | $2.2B | % of AUM | yes, reported |
| CAPITOL SECURITIES MANAGEMENT, INC. | GLEN ALLEN | $2.2B | % of AUMhourlyfixed | yes, reported |
| NAVY FEDERAL INVESTMENT SERVICES, LLC | VIENNA | $2.1B | % of AUM | none reported |
| KANAWHA CAPITAL MANAGEMENT, LLC | RICHMOND | $1.8B | % of AUMfixed | none reported |
| AZZAD ASSET MANAGEMENT, INC. | FALLS CHURCH | $1.8B | % of AUMfixed | yes, reported |
| GEF CAPITAL PARTNERS | ARLINGTON | $1.8B | % of AUMperformanceother | none reported |
| FINANCIAL SECURITY ADVISORY INC | VIRGINIA BEACH | $1.7B | % of AUMhourly | none reported |
| WELLINGTON CONSULTING SERVICES INC | CHANTILLY | $1.7B | % of AUM | none reported |
| QUANTITATIVE INVESTMENT MANAGEMENT, LLC | CHARLOTTESVILLE | $1.7B | performance | none reported |
Source: SEC Form ADV monthly data, firms reporting a Virginiaheadquarters address. Fee-method chips are the compensation arrangements each firm checked on Item 5.E; the disclosure column is the firm's own answer to Item 11. Click through to any firm for the full record and a link to its SEC detail page.
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