# Pettyjohn, Wood & White, Inc.

> Pettyjohn, Wood & White, Inc. is an SEC-registered investment advisory firm in Lynchburg, VA, registered since 1978, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 10, 2026.

- CRD: 106403
- Filed as: PETTYJOHN, WOOD & WHITE, INC.
- Also doing business as: OLD DOMINION CLIENT SERVICES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lynchburg, VA
- Filing period: October 2026
- Form ADV filing dated: March 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106403
- AdvisorCensus page: https://advisorcensus.com/firm/pettyjohn-wood-and-white-inc-lynchburg-va-106403

## Quick answers

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

**Where is Pettyjohn, Wood & White, Inc. located?**
Pettyjohn, Wood & White, Inc.'s principal office is in Lynchburg, VA, according to its Form ADV.

**Is Pettyjohn, Wood & White, Inc. registered with the SEC or a state?**
Pettyjohn, Wood & White, Inc. is an SEC-registered investment advisory firm, registered since 1978. Status as filed: Approved. CRD 106403.

**How much does Pettyjohn, Wood & White, Inc. manage?**
Pettyjohn, Wood & White, Inc. reports $1,022,956,504 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (100% discretionary).

**How have Pettyjohn, Wood & White, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Pettyjohn, Wood & White, Inc.: Regulatory assets under management: $587,246,691 in the October 2021 data and $1,022,956,504 in the October 2026 data, up 74%. 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.

**What types of clients does Pettyjohn, Wood & White, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (287); individuals (other than high net worth individuals) (275); corporations or other businesses not listed above (12).

**Which custodians does Pettyjohn, Wood & White, Inc. use?**
Pettyjohn, Wood & White, 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 Pettyjohn, Wood & White, 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/106403

**What changed in Pettyjohn, Wood & White, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $853,805,405 to $1,022,956,504 (+20%). Registered or notice-filed in MD, TN. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### 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: $1,022,956,504
- Discretionary: $1,022,956,504
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 275 | $106,413,553 |
| High net worth individuals | 287 | $823,571,453 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $13,286,841 |
| Charitable organizations | 9 | $54,392,401 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | 12 | $25,292,256 |
| Other | Fewer than 5 | $0 |

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

### Firm details
- Registered since: 1978 (48 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, GA, LA, MD, NC, NH, NY, OH, SC, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $587,246,691 | 6 | March 23, 2021 |
| October 2022 | $683,188,972 | 6 | January 13, 2022 |
| October 2023 | $648,455,020 | 6 | March 30, 2023 |
| October 2024 | $734,420,311 | 6 | February 2, 2024 |
| October 2025 | $853,805,405 | 6 | March 18, 2025 |
| October 2026 | $1,022,956,504 | 6 | March 10, 2026 |

Regulatory assets under management: $587,246,691 in the October 2021 data and $1,022,956,504 in the October 2026 data, up 74%.
Total employees: 6 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $853,805,405 to $1,022,956,504 (+20%).
- Registered or notice-filed in MD, TN.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in TN.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pettyjohn, Wood & White, Inc. (CRD 106403): Form ADV filing data as of October 2026.