# James River Asset Management, LLC

> James River Asset Management, LLC is an SEC-registered investment advisory firm in Midlothian, VA, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 5, 2026.

- CRD: 117917
- Filed as: JAMES RIVER ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Midlothian, VA
- Filing period: October 2026
- Form ADV filing dated: August 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/117917
- AdvisorCensus page: https://advisorcensus.com/firm/james-river-asset-management-llc-midlothian-va-117917

## Quick answers

**How is James River Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), James River Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does James River Asset Management, LLC charge?**
Its Form ADV Part 2A brochure dated August 5, 2026 states: Flat fee: $1,500 to $5,000 (financial planning services); Hourly rate: $250 an hour (financial consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is James River Asset Management, LLC located?**
James River Asset Management, LLC's principal office is in Midlothian, VA, according to its Form ADV.

**Is James River Asset Management, LLC registered with the SEC or a state?**
James River Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 117917.

**How much does James River Asset Management, LLC manage?**
James River Asset Management, LLC reports $273,776,635 in regulatory assets under management in its Form ADV filing dated August 5, 2026 (93% discretionary).

**How have James River Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for James River Asset Management, LLC: Regulatory assets under management: $146,513,885 in the October 2021 data and $273,776,635 in the October 2026 data, up 87%. Total employees: 7 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 James River Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (307); high net worth individuals (104); charitable organizations (6).

**Which custodians does James River Asset Management, LLC use?**
James River Asset Management, LLC'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 James River Asset Management, LLC 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/117917

**What changed in James River Asset Management, LLC's recent Form ADV filings?**
In the September 2026 filing data: Employees performing advisory functions went from 4 to 5.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated August 5, 2026)

- Flat fee: $1,500 to $5,000 (financial planning services)

> We charge a fixed fee for financial planning services, which generally ranges between $1,500 to $5,000.

- Hourly rate: $250 an hour (financial consulting services)

> We also charge an hourly fee of $250 for financial consulting services.

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: $273,776,635
- Discretionary: $254,300,527
- Non-discretionary: $19,476,108

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 307 | $84,664,779 |
| High net worth individuals | 104 | $184,656,437 |
| Charitable organizations | 6 | $2,593,416 |
| Corporations or other businesses not listed above | 3 | $1,862,003 |

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

### Firm details
- Registered since: 2018 (8 years)
- Employees: 9 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, MD, NC, SC, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- jamesriverwealth.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $146,513,885 | 7 | June 9, 2021 |
| October 2022 | $208,876,722 | 12 | March 17, 2022 |
| October 2023 | $163,458,054 | 11 | July 11, 2023 |
| October 2024 | $149,107,917 | 10 | April 2, 2024 |
| October 2025 | $235,964,765 | 9 | March 31, 2025 |
| October 2026 | $273,776,635 | 9 | August 5, 2026 |

Regulatory assets under management: $146,513,885 in the October 2021 data and $273,776,635 in the October 2026 data, up 87%.
Total employees: 7 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Employees performing advisory functions went from 4 to 5.

### April 2026
- Regulatory assets under management went from $235,964,765 to $273,776,635 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. James River Asset Management, LLC (CRD 117917): Form ADV filing data as of October 2026.