Piedmont Independent Fiduciaries, Inc. (Glen Allen)

Name: Piedmont Independent Fiduciaries, Inc.
Address: 4860 Cox Rd., Glen Allen, VA, 23060
Telephone: 800-767-8772

Piedmont Independent Fiduciaries, Inc. is a large advisory firm based in Glen Allen. It manages $124.62 million of regulatory assets for 224 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Maryland, Texas, and Virginia.

Piedmont Independent Fiduciaries provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and due dilgence reports for plan sponsors, trustee services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Piedmont Independent Fiduciaries: assets under management

The assets under management (AUM) of Piedmont Independent Fiduciaries, Inc. is $124.62 million. The firm's AUM has grown by 86% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $117.29 million in discretionary accounts and $7.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $644.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $174.41 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Piedmont Independent Fiduciaries, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Piedmont Independent Fiduciaries, Inc.

Piedmont Independent Fiduciaries, Inc. is owned by John Rickey Sample. Susan Horne Davis joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William James Militello	Chief compliance officer and president	1 Jan 2008	75% - 100%	3044289
Kevin Anthony Oneil	Owner	1 Jan 2008	Other	1170126
Celia A Rafalko	President, cco	1 Jun 2011	75% - 100%	3186106
John Rickey Sample	Owner	1 Jun 2011	Other	5964229
John R. Sample	Owner	1 Jun 2011	Other	5964229
Susan Horne Davis	Chief compliance officer	1 Mar 2012	Other	2111641

Based in Glen Allen

The principal office where Piedmont Independent Fiduciaries, Inc. performs its advisory services is located at 4860 Cox Rd., Glen Allen, VA 23060, which is also the mailing address of the firm. An additional office of the firm is in Leesburg, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-767-8772 or by fax 888-675-0586. The normal business hours are 9:00-4:30 on Monday - Friday. You can find more information about the New York firm at pif401k.com.