Appalachian Asset Management (Charleston)


Appalachian Asset Management is an adviser based in Charleston. It manages $25 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of West Virginia.

Appalachian Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Appalachian Asset Management: assets under management

The assets under management (AUM) of Appalachian Asset Management is $25 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.5 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Appalachian Asset Management 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 Appalachian Asset Management

Knox Harwell Fuqua has been acting as President since 1 Apr 1992. Llc Aam Investments joined the executive team most recently as the Managing Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Knox Fuqua President, treasurer 1 Apr 1992 50% - 75% 2232177
Knox Harwell Fuqua President 1 Apr 1992 Other 2232177
William W. Carter Vice president 1 Dec 1997 25% - 50% 4377462
William Walden Carter Vice president 1 Dec 1997 Other 4377462
Teresa K. Shawver Secretary 1 Dec 1999 Other 4377467
Teresa Kay Shawver Secretary 1 Dec 1999 Other 4377467
Argent Financial Group Shareholder 1 May 2002 50% - 75% 72-1480307
Inc. Ki&T Holdings Shareholder 1 May 2002 50% - 75% 55-0784905
Llc Aam Investments Managing member 1 Apr 2004 75% - 100% 65-1180741

Based in Charleston

The principal office where Appalachian Asset Management performs its advisory services is located at 1018 Kanawha Boulevard, Charleston, WV 25301, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 304.414.2391 or by fax 304.414.2392. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.appalachianasset.com.