Scott & Stringfellow, LLC (Richmond)

Scott & Stringfellow, LLC is a large advisory firm based in Richmond. It manages $7.28 billion of regulatory assets for 11,630 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 42 other states.

Scott & Stringfellow provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for approximately 582 clients. On top of advisory services, the firm doesn't engage in other business activities.

Scott & Stringfellow: assets under management

The assets under management (AUM) of Scott & Stringfellow, LLC is $7.28 billion. The firm's AUM has grown by 184% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $6.46 billion in discretionary accounts and $820.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $704.11 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $334.69 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Scott & Stringfellow, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. 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 Scott & Stringfellow, LLC

Sidney Buford Scott has been acting as President since 1 May 1999. Patrick Arthur Oshea joined the executive team most recently as the Senior Managing Director/Equity Capital Markets/Board Of Managers.

Direct owners and executive officers

Based in Richmond

The principal office where Scott & Stringfellow, LLC performs its advisory services is located at 901 E. Byrd Street, Richmond, VA 23219 The mailing address of the firm is 901 E. Byrd Street, Richmond, VA 23219. An additional office of the firm is in Virginia Beach, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-643-1811 or by fax 804-783-6032. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at scottstringfellow.com.

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