Shenandoah Asset Management, LLC (Richmond)

Shenandoah Asset Management, LLC is a large advisory firm based in Richmond. It manages $272.24 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Virginia.

Shenandoah Asset Management provides 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.

Shenandoah Asset Management: assets under management

The assets under management (AUM) of Shenandoah Asset Management, LLC is $272.24 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 145% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $272.24 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $54.45 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Shenandoah Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Shenandoah Asset Management, LLC

Danny Allan Kang joined the executive team most recently as the Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Franklin Hill	Chief executive officer	1 Jan 1999	25% - 50%	2330198
Michael Paul Painchaud	Member	1 Jan 1999	Other	858487
Russell Joseph Brooks	Director of marketing	1 Jan 1999	Other	31678
Inc. Market Profile Theorems	Member	1 Jan 1999	Other	91-1450132
Inc. Progress Putnam Lovell Advisors	Member	1 Mar 2001	25% - 50%	95-4802260
Llc Progress Putnam Lovell Ventures	Member	1 Mar 2001	25% - 50%	95-4802260
Progress Lovell Minnick Ventures Llc	Member	1 Mar 2001	25% - 50%	95-4802260
Richard Andrew Mills	Vice president	1 Apr 2001	Other	5772706
Cameron Finley Mclennan	Vice president	1 Apr 2001	Other	3098850

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Edward Minnick	Manager	1 Apr 2000	Other	716204
California Public Employees Retirement System	Non-managing member	1 Apr 2000	75% - 100%	94-6207465
Llc Progress Putnam Lovell Advisors	Sole managing member	1 Apr 2000	Other	95-4802253
Highcrest California Partners Llc	Managing member	1 Apr 2000	75% - 100%	95-4706384
Jeffrey Dale Lovell	Manager	1 Apr 2000	Other	1095362
Jr. Thurman Vernon White	Manager	1 Apr 2000	Other	4378802
Donna Kathleen Gilding	Manager	1 Apr 2000	Other	4379194
Progress Lovell Minnick Advisors Llc	Sole managing member	1 Apr 2000	Other	95-4802253
Lovell Minnick Partners Llc	Sole managing member	1 Feb 2004	75% - 100%	20-0493456
Lovell Minnick Holdings Llc	Sole managing member	1 Feb 2004	75% - 100%	20-0498914
Jeffrey Dale Lovell	Co-managing member	1 Feb 2004	50% - 75%	1095362
James Edward Minnick	Co-managing member	1 Feb 2004	25% - 50%	716204
Jose Patricio Balagot	Member	1 Oct 2006	Other	4379393
Danny Allan Kang	Principal	1 Jan 2007	Other	2680496

Based in Richmond

The principal office where Shenandoah Asset Management, LLC performs its advisory services is located at 121 Shockoe Slip, Richmond, VA 23219, which is also the mailing address of the firm. An additional office of the firm is in Bonita Springs, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-343-1400 or by fax 804-343-1401. The normal business hours are 8:30-5:00 on Monday - Friday.