Pro Nvest, Inc. (Chattanooga)

Name: Pro Nvest, Inc.
Address: 1203 Carter Street, Chattanooga, TN, 37402
Telephone: 423-648-1876

Pro Nvest, Inc. is a large advisory firm based in Chattanooga. It manages $51.95 million of regulatory assets for 1,802 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 26 other states.

Pro Nvest provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for approximately 2,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pro Nvest: assets under management

The assets under management (AUM) of Pro Nvest, Inc. is $51.95 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 41462% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $51.95 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.83 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pro Nvest, 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 Pro Nvest, Inc.

Richard Patrick Magrath has been acting as President since 1 Sep 2001. Stephen Lewis Johnson joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Hall Hiller	Board member	1 Aug 2000	Other	4506525
Jay Colton Jumper	Chief executive officer	1 Aug 2000	50% - 75%	1607969
Robert Clyde Bullard	Stock holder / board member	1 Aug 2000	Other	4505546
W Scott Mcginness	Board member	1 Aug 2000	Other	4506825
Richard Patrick Magrath	President	1 Sep 2001	Other	4502877
John Mark Himebook	Chief operation officer	1 Sep 2001	Other	4506502
Steven George Reynolds	Senior vice president	1 Feb 2002	Other	5231968
William Hall Hiller	Chief financial officer	1 Jun 2004	Other	4506525
Sandra Rigsby Hillis	Chief compliance officer	1 Oct 2004	Other	4947784
Jay Colton Jumper	President	1 Sep 2006	25% - 50%	1607969
Victoria Elizabeth Silbey	Director	1 Sep 2006	Other	5087961
Michael Joseph Ruane	Director	1 Sep 2006	Other	2506006
Kevin Thomas Rafferty	President swm	1 Sep 2006	Other	4632553
Stephen Lewis Johnson	Senior vice president	1 May 2007	Other	4566501

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Sungard Data Systems	Share holder	1 Aug 2005	75% - 100%	51-0267091

Based in Chattanooga

The principal office where Pro Nvest, Inc. performs its advisory services is located at 1203 Carter Street, Chattanooga, TN 37402, 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 423-648-1876 or by fax 423-267-4222. The normal business hours are 8am-5pm est on Monday - Friday. You can find more information about the New York firm at www.pronvest.com.