A. N. Culbertson & Company, Inc. (Charlottesville)

Name: A. N. Culbertson & Company, Inc.
Address: One Boars Head Pointe, Charlottesville, VA, 22903 4612
Telephone: 434-972-7766

A. N. Culbertson & Company, Inc. is a large advisory firm based in Charlottesville. It manages $391.88 million of regulatory assets for 852 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Colorado, Florida, and 8 other states.

A. N. Culbertson & Company provides financial planning services, portfolio management for individuals and small businesses, and profit sharing plans. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

A. N. Culbertson & Company: assets under management

The assets under management (AUM) of A. N. Culbertson & Company, Inc. is $391.88 million. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $383.5 million in discretionary accounts and $8.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $452.24 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.1 million.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is investment and business development companies, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay A. N. Culbertson & Company, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 A. N. Culbertson & Company serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of A. N. Culbertson & Company is high net worth individuals with 123 clients and $313.15 million of assets under management. Among the 10 most similar advisory firms, A. N. Culbertson & Company has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $383.67 million for 304 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.

A. N. Culbertson & Company doesn't advise any private funds.

Careers at A. N. Culbertson & Company, Inc.

The company employs 11 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 9 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

George Latham Payne joined the executive team most recently as the President, Chief Operating Officer, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alan Neil Culbertson	Chief executive officer	1 Apr 1993	25% - 50%	2313703
Sharon Parisi Culbertson	Shareholder & secretary	1 Nov 1997	25% - 50%	4361365
Elizabeth C Gleason	Shareholder	1 Nov 1997	Other	4361463
Jennifer B Culbertson	Shareholder	1 Nov 1997	Other	4361473
George Latham Payne	President, chief operating officer, chief compliance officer	1 Jun 1999	Other	4361477

Based in Charlottesville

The principal office where A. N. Culbertson & Company, Inc. performs its advisory services is located at One Boars Head Pointe, Charlottesville, VA 22903 4612, which is also the mailing address of the firm. An additional office of the firm is in Warren, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 434-972-7766 or by fax 434-984-8307. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at anculbertson.com.