# Redmond Asset Management, LLC

> Redmond Asset Management, LLC is an SEC-registered investment advisory firm in Henrico, VA, registered since 2005, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 1, 2026.

- CRD: 138706
- Filed as: REDMOND ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Henrico, VA
- Filing period: October 2026
- Form ADV filing dated: April 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/138706
- AdvisorCensus page: https://advisorcensus.com/firm/redmond-asset-management-llc-henrico-va-138706

## Quick answers

**How is Redmond Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Redmond Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management.

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

**Is Redmond Asset Management, LLC registered with the SEC or a state?**
Redmond Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 138706.

**How much does Redmond Asset Management, LLC manage?**
Redmond Asset Management, LLC reports $537,229,250 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (95% discretionary).

**How have Redmond Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Redmond Asset Management, LLC: Regulatory assets under management: $382,416,557 in the October 2021 data and $537,229,250 in the October 2026 data, up 40%. Total employees: 5 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 Redmond Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (178); high net worth individuals (114); charitable organizations (6).

**Which custodians does Redmond Asset Management, LLC use?**
Redmond Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., National Financial Services LLC, Northern Trust Securities, Inc. and Pershing Advisor Solutions LLC as custodians holding 10% or more of its separately managed account assets.

**Does Redmond 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/138706

**Does Redmond Asset Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated April 1, 2026 says: "RAM prefers a minimum account size requirement of $100,000 for individual investors, but we may waive this requirement for any reason, especially for younger clients seeking to establish a long-term relationship and for relatives of existing clients."

## 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 April 1, 2026)

- Account minimum: $100,000 (the brochure says it may be waived or negotiated)

> RAM prefers a minimum account size requirement of $100,000 for individual investors, but we may waive this requirement for any reason, especially for younger clients seeking to establish a long-term relationship and for relatives of existing clients.

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.
- National Financial Services LLC
- Northern Trust Securities, Inc.
- Pershing Advisor Solutions LLC

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: $537,229,250
- Discretionary: $508,468,105
- Non-discretionary: $28,761,145

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 178 | $58,619,166 |
| High net worth individuals | 114 | $374,457,943 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $2,956,883 |
| Charitable organizations | 6 | $14,721,666 |
| Insurance companies | Fewer than 5 | $57,109,625 |
| Corporations or other businesses not listed above | Fewer than 5 | $29,363,967 |

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

### Firm details
- Registered since: 2005 (20 years)
- Employees: 6 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, GA, MD, NC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- redmondassetmanagement.com
- LinkedIn @REDMOND-ASSET-MANAGEMENT-LLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $382,416,557 | 5 | March 30, 2021 |
| October 2022 | $429,789,374 | 5 | April 1, 2022 |
| October 2023 | $341,676,454 | 4 | March 31, 2023 |
| October 2024 | $378,487,245 | 4 | April 3, 2024 |
| October 2025 | $557,241,446 | 5 | March 31, 2025 |
| October 2026 | $537,229,250 | 6 | April 1, 2026 |

Regulatory assets under management: $382,416,557 in the October 2021 data and $537,229,250 in the October 2026 data, up 40%.
Total employees: 5 in October 2021 and 6 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Redmond Asset Management, LLC (CRD 138706): Form ADV filing data as of October 2026.