Virtue Capital Management, LLC is a large advisory firm based in Brentwood. It manages $465.24 million of regulatory assets for 5,825 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 37 other states.
Virtue Capital Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Virtue Capital Management, LLC is $465.24 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 7276% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Virtue Capital Management, LLC 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.
The firm provides services to individuals and other investment advisers. The largest group of clients of Virtue Capital Management is individuals with 3,915 clients and $465.24 million of assets under management. Among the 13 most similar advisory firms, Virtue Capital Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $465.24 million for 4,015 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.
Virtue Capital Management doesn't advise any private funds.
The company employs 118 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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.
The principal office where Virtue Capital Management, LLC performs its advisory services is located at 6 Cadillac Dr., Brentwood, TN 37027, which is also the mailing address of the firm. An additional office of the firm is in Reading, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 615-340-0801 or by fax 615-340-0812. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at virtuecapitalmanagement.com.