Blue Edge Capital, LLC (Richmond)

Name: Blue Edge Capital, LLC
Address: 6641 West Broad Street, Richmond, VA, 23230
Telephone: 804-673-7401

Blue Edge Capital, LLC is a large advisory firm based in Richmond. It manages $298.72 million of regulatory assets for 238 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of North Carolina and Virginia.

Blue Edge Capital provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Blue Edge Capital: assets under management

The assets under management (AUM) of Blue Edge Capital, LLC is $298.72 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 144% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $298.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.26 million each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blue Edge Capital, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Blue Edge Capital serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Blue Edge Capital is high net worth individuals with 53 clients and $230.51 million of assets under management. Among the 8 most similar advisory firms, Blue Edge Capital has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $298.72 million for 110 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.

Blue Edge Capital doesn't advise any private funds.

Careers at Blue Edge Capital, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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
Marshall Bagley Reid	Managing director/member	1 Oct 2010	25% - 50%	2214855
Peter Hartwell Bowles	Managing director/member	1 Oct 2010	25% - 50%	2322509
Robert Giles Tucker	Managing director/member	1 Oct 2010	Other	4421217
Llc Braedon Investments	Member	1 Oct 2010	25% - 50%	27-3610422
Margaret Parsons Fretz	Chief operating officer/chief compliance officer	1 Nov 2010	Other	2380637

Based in Richmond

The principal office where Blue Edge Capital, LLC performs its advisory services is located at 6641 West Broad Street, Richmond, VA 23230, 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 804-673-7401 or by fax 804-477-8705. The normal business hours are 8:30 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at blueedgecap.com.