Hundredfold Advisors, LLC (Virginia Beach)

Name: Hundredfold Advisors, LLC
Address: 272 Bendix Road, Virginia Beach, VA, 23452
Telephone: 757-463-7600

Hundredfold Advisors, LLC is an investment adviser to an investment company based in Virginia Beach. It manages $50.6 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Virginia.

Hundredfold Advisors 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.

Hundredfold Advisors: assets under management

The assets under management (AUM) of Hundredfold Advisors, LLC is $50.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 237% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $50.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $50.6 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hundredfold Advisors, LLC 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.

What kind of clients Hundredfold Advisors serves?

The only and largest group of clients of Hundredfold Advisors is investment companies with 1 clients and $50.6 million of assets under management. Among the 5 most similar advisory firms, Hundredfold Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $50.6 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Hundredfold Advisors doesn't advise any private funds.

Careers at Hundredfold Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ralph John Doudera	Managing member	1 Dec 2003	Other	70839
Mary Kathryn Collins	Managing member	1 Dec 2003	Other	1838058
Mary K Collins	Manager	1 Dec 2003	Other	1838058
Simply Distribute Charitable Foundation	Owner	1 Mar 2004	75% - 100%	20-0883662
Mary Kathryn Collins	Chief compliance officer	1 Jun 2004	Other	1838058

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mary Kathryn Collins	Trustee	1 Mar 2004	Other	1838058
Ralph John Doudera	Trustee	1 Mar 2004	Other	70839
Mary K Collins	Trustee	1 Mar 2004	Other	1838058
Joseph F. Lust	Trustee	1 Apr 2004	Other	4809215
Sam R. Scaggs	Trustee	1 Apr 2004	Other	4809222
Eric A. Hauser	Trustee	1 Apr 2004	Other	4809247
Joseph Frank Lust	Trustee	1 Apr 2004	Other	4809215
Sammy Ray Scaggs	Trustee	1 Apr 2004	Other	4809222
Eric Alan Hauser	Trustee	1 Apr 2004	Other	4809247
Reginaldo A. Kruklis	Trustee	1 Oct 2006	Other	5294018
Jeffrey Dale Dawson	Trustee	1 Oct 2006	Other	1349519

Based in Virginia Beach

The principal office where Hundredfold Advisors, LLC performs its advisory services is located at 272 Bendix Road, Virginia Beach, VA 23452, 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 757-463-7600. The normal business hours are 8:00am - 4:30pm on Monday - Friday. You can find more information about the New York firm at hundredfoldadvisors.com.