# A. N. Culbertson & Company, Inc.

> A. N. Culbertson & Company, Inc. is an SEC-registered investment advisory firm in Charlottesville, VA, registered since 1993, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 28, 2026.

- CRD: 108341
- Filed as: A. N. CULBERTSON & COMPANY, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charlottesville, VA
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108341
- AdvisorCensus page: https://advisorcensus.com/firm/a-n-culbertson-and-company-inc-charlottesville-va-108341

## Quick answers

**How is A. N. Culbertson & Company, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), A. N. Culbertson & Company, Inc. reports these compensation arrangements: a percentage of assets under its management.

**How much does A. N. Culbertson & Company, Inc. charge?**
Its Form ADV Part 2A brochure dated May 4, 2026 states: Up to $3,000,000: 1% a year; $3,000,000 to $5,000,000: 0.75% a year; Above $5,000,000: 0.6% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is A. N. Culbertson & Company, Inc. located?**
A. N. Culbertson & Company, Inc.'s principal office is in Charlottesville, VA, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is A. N. Culbertson & Company, Inc. registered with the SEC or a state?**
A. N. Culbertson & Company, Inc. is an SEC-registered investment advisory firm, registered since 1993. Status as filed: Approved. CRD 108341.

**How much does A. N. Culbertson & Company, Inc. manage?**
A. N. Culbertson & Company, Inc. reports $817,783,658 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (99% discretionary).

**How have A. N. Culbertson & Company, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for A. N. Culbertson & Company, Inc.: Regulatory assets under management: $495,890,000 in the October 2021 data and $817,783,658 in the October 2026 data, up 65%. Total employees: 11 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does A. N. Culbertson & Company, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (168); individuals (other than high net worth individuals) (143); charitable organizations (2).

**Which custodians does A. N. Culbertson & Company, Inc. use?**
A. N. Culbertson & Company, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does A. N. Culbertson & Company, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/108341

**Does A. N. Culbertson & Company, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated May 4, 2026 says: "In general, we require a minimum of $1,000,000 to open and maintain an investment advisory account. At our discretion, we may waive this minimum account size for various reasons"

**What changed in A. N. Culbertson & Company, Inc.'s recent Form ADV filings?**
In the July 2026 filing data: Added an office in Charlottesville, VA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated May 4, 2026)

- Up to $3,000,000: 1% a year
- $3,000,000 to $5,000,000: 0.75% a year
- Above $5,000,000: 0.6% a year

> Our fees for asset management and financial planning services are based on a percentage of your assets we manage. Our fees are calculated using the following fee schedule:

> First $3 million 1.00% Next $2 million 0.75% Over $5 million 0.60%

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> In general, we require a minimum of $1,000,000 to open and maintain an investment advisory account. At our discretion, we may waive this minimum account size for various reasons

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $817,783,658
- Discretionary: $808,304,162
- Non-discretionary: $9,479,496

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 143 | $59,533,433 |
| High net worth individuals | 168 | $752,928,114 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $773,205 |
| Charitable organizations | 2 | $4,545,781 |
| Corporations or other businesses not listed above | 1 | $3,125 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 1993 (33 years)
- Employees: 9 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, MD, ME, NC, NH, NY, PA, SC, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Charlottesville, VA

### Websites listed on Form ADV (Item 1.I)
- [anculbertson.com](https://anculbertson.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $495,890,000 | 11 | September 30, 2021 |
| October 2022 | $635,585,000 | 10 | February 24, 2022 |
| October 2023 | $538,123,000 | 10 | August 31, 2023 |
| October 2024 | $610,721,560 | 10 | February 21, 2024 |
| October 2025 | $704,356,347 | 8 | February 10, 2025 |
| October 2026 | $817,783,658 | 9 | August 28, 2026 |

Regulatory assets under management: $495,890,000 in the October 2021 data and $817,783,658 in the October 2026 data, up 65%.
Total employees: 11 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Added an office in Charlottesville, VA.

### March 2026
- Employees performing advisory functions went from 4 to 5.
- Regulatory assets under management went from $704,356,347 to $817,783,658 (+16%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. A. N. Culbertson & Company, Inc. (CRD 108341): Form ADV filing data as of October 2026.