{
  "crd_number": 107246,
  "slug": "investment-management-corporation-roanoke-va-107246",
  "primary_business_name": "INVESTMENT MANAGEMENT CORPORATION",
  "legal_name": "INVESTMENT MANAGEMENT CORPORATION",
  "dbas": [],
  "city": "Roanoke",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "40220",
  "metro": {
    "cbsa_code": "40220",
    "common_name": "Roanoke",
    "msa_name": "Roanoke, VA",
    "path": "/advisors/va/roanoke"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-03-25",
  "years_registered": 10,
  "period": "2026-10-01",
  "filing_date": "2026-02-26",
  "carried_forward": false,
  "raum_total": 191179778.0,
  "raum_discretionary": 191179778.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 34830617.0,
      "count": 135
    },
    "pension_profit_sharing": {
      "raum": 8650349.0,
      "count": 6
    },
    "high_net_worth_individuals": {
      "raum": 147653345.0,
      "count": 49
    },
    "corporations_other_businesses": {
      "raum": 45467.0,
      "count": 3,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NC",
    "SC",
    "VA"
  ],
  "websites": [
    "https://investmentmanagementcorp.com",
    "https://investmentmanagementcorporation.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107246",
  "city_as_filed": "ROANOKE",
  "url": "https://advisorcensus.com/firm/investment-management-corporation-roanoke-va-107246",
  "display_name": "Investment Management Corporation",
  "summary": "Investment Management Corporation is an SEC-registered investment advisory firm in Roanoke, VA, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 26, 2026.",
  "citation": "AdvisorCensus. Investment Management Corporation (CRD 107246): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Investment Management Corporation compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Investment Management Corporation reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Investment Management Corporation located?",
      "a": "Investment Management Corporation's principal office is in Roanoke, VA, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Investment Management Corporation registered with the SEC or a state?",
      "a": "Investment Management Corporation is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 107246."
    },
    {
      "q": "How much does Investment Management Corporation manage?",
      "a": "Investment Management Corporation reports $191,179,778 in regulatory assets under management in its Form ADV filing dated February 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Investment Management Corporation's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Investment Management Corporation: Regulatory assets under management: $132,882,886 in the October 2021 data and $191,179,778 in the October 2026 data, up 44%. Total employees: 6 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Investment Management Corporation serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (135); high net worth individuals (49); pension and profit sharing plans (but not the plan participants or government pension plans) (6)."
    },
    {
      "q": "Which custodians does Investment Management Corporation use?",
      "a": "Investment Management Corporation's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Investment Management Corporation report any disciplinary disclosures?",
      "a": "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/107246"
    },
    {
      "q": "Does Investment Management Corporation state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 26, 2026 says: \"We require a minimum of $100,000 in managed accounts to be retained under our investment management agreement.\""
    },
    {
      "q": "What changed in Investment Management Corporation's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $169,572,084 to $191,179,778 (+13%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 132882886.0,
      "total_employees": 6,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 131578150.0,
      "total_employees": 6,
      "filing_date": "2022-03-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 142516569.0,
      "total_employees": 6,
      "filing_date": "2023-08-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 148978728.0,
      "total_employees": 7,
      "filing_date": "2024-03-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 169572084.0,
      "total_employees": 6,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 191179778.0,
      "total_employees": 6,
      "filing_date": "2026-02-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $169,572,084 to $191,179,778 (+13%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 26, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$1,250",
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000"
        ],
        "quotes": [
          "We require a minimum of $100,000 in managed accounts to be retained under our investment management agreement."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $1,250"
        ],
        "quotes": [
          "Minimum annual advisory fee is $1,250."
        ]
      }
    ],
    "quotes": [
      "We require a minimum of $100,000 in managed accounts to be retained under our investment management agreement.",
      "Minimum annual advisory fee is $1,250."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/investment-management-corporation-roanoke-va-107246.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 135,
      "fewer_than_5": false,
      "raum": 34830617.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 49,
      "fewer_than_5": false,
      "raum": 147653345.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 8650349.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 3,
      "fewer_than_5": true,
      "raum": 45467.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107246",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}