Dunton Ammon Gresham Jr (White Stone)

Dunton Ammon Gresham Jr is a large advisory firm based in White Stone. It manages $107.08 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Virginia.

Dunton Ammon Gresham Jr provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dunton Ammon Gresham Jr: assets under management

The assets under management (AUM) of Dunton Ammon Gresham Jr is $107.08 million. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.07 million in discretionary accounts and $7.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.55 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.51 million.

Dunton Ammon Gresham Jr has custody of $10.01 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is state and local bonds, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dunton Ammon Gresham Jr for their services and products based on a percentage of assets under management and hourly charges. 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 Dunton Ammon Gresham Jr serves?

The only and largest group of clients of Dunton Ammon Gresham Jr is individuals with 19 clients and $27.63 million of assets under management. Among the 8 most similar advisory firms, Dunton Ammon Gresham Jr has the lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $27.63 million for 19 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 24% of the firm’s clients are foreign persons or businesses.

Dunton Ammon Gresham Jr doesn't advise any private funds.

Careers at Dunton Ammon Gresham Jr

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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 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.

Dunton Ammon Gresham Jr is owned by Ammon Gresham Dunton. Thomas Michael Hendell joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ammon Gresham Dunton	Owner	1 Apr 1997	75% - 100%	4393863
Ian M Bolling	Chief compliance officer	1 Sep 2004	Other	5028892
Craig H Smith	Chief compliance officer	1 Aug 2005	Other	5121152
Joshua F Clowers	Chief compliance officer	1 Sep 2006	Other	5121152
James Rawleigh Simmons	Chief compliance officer	1 Oct 2008	Other	5656456
Thomas Michael Hendell	Chief compliance officer	1 Sep 2009	Other	5772276

Based in White Stone

The principal office where Dunton Ammon Gresham Jr performs its advisory services is located at 678 Rappahannock Dr, White Stone, VA 22578 0005 The mailing address of the firm is Po 5, White Stone, VA 22578 0005. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-435-4000 or by fax 804-435-1614. The normal business hours are 9am - 5pm on Monday - Friday.