Summers Capital Services Inc (Charlottesville)

Summers Capital Services Inc is an adviser based in Charlottesville. It manages $23.58 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Virginia.

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

Summers Capital Services: assets under management

The assets under management (AUM) of Summers Capital Services Inc is $23.58 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $23.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.07 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Summers Capital Services 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.

Careers at Summers Capital Services Inc

Paul Dilwyn Summers has been acting as President since 1 Oct 2004. Summers Capital Services Inc joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Summers Capital Services Inc	President	1 Jul 1980	75% - 100%	110779
Paul Dilwyn Summers	President/chief compliance officer	1 Oct 2004	75% - 100%	1320071

Based in Charlottesville

The principal office where Summers Capital Services Inc performs its advisory services is located at 100 Court Square Annex, Charlottesville, VA 22902, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.