Dixon, Hubard, Feinour & Brown, Inc. (Roanoke)

Name: Dixon, Hubard, Feinour & Brown, Inc.
Address: 601 S Jefferson Street, Roanoke, VA, 24011 2414
Telephone: 540-343-9903

Dixon, Hubard, Feinour & Brown, Inc. is a large advisory firm based in Roanoke. It manages $526.61 million of regulatory assets for 597 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, California, Colorado, and 6 other states.

Dixon, Hubard, Feinour & Brown provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dixon, Hubard, Feinour & Brown: assets under management

The assets under management (AUM) of Dixon, Hubard, Feinour & Brown, Inc. is $526.61 million. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $521.17 million in discretionary accounts and $5.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $874.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.43 million.

Dixon, Hubard, Feinour & Brown has custody of $148.87 million in cash and securities for 124 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dixon, Hubard, Feinour & Brown, Inc. for their services and products based on a percentage of assets under management. 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 Dixon, Hubard, Feinour & Brown serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Dixon, Hubard, Feinour & Brown is high net worth individuals with 136 clients and $323.37 million of assets under management. Among the 7 most similar advisory firms, Dixon, Hubard, Feinour & Brown has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $526.61 million for 594 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.

Dixon, Hubard, Feinour & Brown doesn't advise any private funds.

Careers at Dixon, Hubard, Feinour & Brown, Inc.

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Walter Moore Dixon	President & treasurer	1 Nov 1980	Other	1721799
Edwin Robert Feinour	Executive vice-president	1 Jul 1988	25% - 50%	1472024
Anne Nimmo Barry	None	1 Aug 1999	Other	4377332
Jonathon Edwin Grace	Vice president & chief compliance officer	1 Nov 2000	Other	3196683
Charles Whitney Brown	President & treasurer	1 Nov 2000	25% - 50%	2382672
Walter Moore Dixon	Vice president	1 Nov 2000	Other	2717831
William Stebbins Hubard	Vice president & secretary	1 Sep 2004	25% - 50%	1722159
David Albert Camper	Vice president	1 Dec 2004	Other	2942105
James Everett Hall	New business development officer	1 Jan 2013	Other	2897334
Iii As Trustee Of The Ann Parrott Stock Trust Agreement Walter M. Dixon	Trust under agreement	1 Dec 2013	25% - 50%	xxx-xx-xxxx
William Stebbins Hubard	Managing director	1 Apr 2018	Other	1722159
Edwin Robert Feinour	Managing director	1 Apr 2018	Other	1472024
Charles Whitney Brown	Lead managing director	1 Apr 2018	Other	2382672
James Everett Hall	Sr. investment counselor	1 Apr 2018	Other	2897334
Union Bank & Trust	Corporation	1 Apr 2018	75% - 100%	4551193
Walter Moore Dixon	Managing director	1 Apr 2018	Other	2717831
Atlantic Union Bank	Corporation	1 Apr 2018	75% - 100%	54-1598552
Robert M Gorman	Member board of directors	1 Apr 2018	Other	6670681
David G Bilko	Member board of directors	1 Apr 2018	Other	6670697
Robert Preston Martin	Member board of directors	1 Apr 2018	Other	4539274
Jesse Thompson Ellington	Member board of directors	1 Apr 2018	Other	4896866

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Union Bankshares Corporation	Corporation	1 Jul 1993	75% - 100%	54-1598552
Atlantic Union Bankshares Corporation	Corporation	1 Jul 1993	75% - 100%	54-1598552

Based in Roanoke

The principal office where Dixon, Hubard, Feinour & Brown, Inc. performs its advisory services is located at 601 S Jefferson Street, Roanoke, VA 24011 2414 The mailing address of the firm is Post Office Box 2768, Roanoke, VA 24001 2768. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 540-343-9903 or by fax 540-343-7684. 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 ww.dhfb.com.