Virginia Investment Counselors Inc (Norfolk)


Virginia Investment Counselors Inc is a large advisory firm based in Norfolk. It manages $1.18 billion of regulatory assets for 1,350 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, California, Connecticut, and 12 other states.




Virginia Investment Counselors provides portfolio management for individuals and small businesses 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.

Virginia Investment Counselors: assets under management

The assets under management (AUM) of Virginia Investment Counselors Inc is $1.18 billion. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $1.12 billion in discretionary accounts and $57.08 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $838.75 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.19 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Virginia Investment Counselors Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Norfolk

The principal office where Virginia Investment Counselors Inc performs its advisory services is located at 999 Waterside Dr, Norfolk, VA 23510, 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 757-623-2491 or by fax 757-623-2614. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday.