{ "crd_number": 104636, "slug": "richmond-capital-management-inc-richmond-va-104636", "primary_business_name": "RICHMOND CAPITAL MANAGEMENT INC", "legal_name": "RICHMOND CAPITAL MANAGEMENT INC", "dbas": [], "city": "Richmond", "state": "VA", "country": "United States", "cbsa_code": "40060", "metro": { "cbsa_code": "40060", "common_name": "Richmond", "msa_name": "Richmond, VA", "path": "/advisors/va/richmond" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1982-09-02", "years_registered": 44, "period": "2026-10-01", "filing_date": "2026-03-26", "carried_forward": false, "raum_total": 5933762000.0, "raum_discretionary": 5922455000.0, "raum_non_discretionary": 11307000.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 20, "advisory_employees": 10, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 496950000.0, "count": 33 }, "state_municipal": { "raum": 1291773000.0, "count": 32 }, "insurance_companies": { "raum": 86337000.0, "count": 6 }, "pension_profit_sharing": { "raum": 1280328000.0, "count": 28 }, "high_net_worth_individuals": { "raum": 113604000.0, "count": 25 }, "pooled_investment_vehicles": { "raum": 1892838000.0, "count": 3 }, "corporations_other_businesses": { "raum": 771932000.0, "count": 39 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "educational_seminars", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "CA", "FL", "GA", "MI", "MO", "MS", "NY", "OH", "PA", "VA", "VT" ], "websites": [ "https://linkedin.com/company/richmond-capital-management-inc.", "https://richmondcap.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104636", "city_as_filed": "RICHMOND", "url": "https://advisorcensus.com/firm/richmond-capital-management-inc-richmond-va-104636", "display_name": "Richmond Capital Management Inc", "summary": "Richmond Capital Management Inc is an SEC-registered investment advisory firm in Richmond, VA, registered since 1982, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.", "citation": "AdvisorCensus. Richmond Capital Management Inc (CRD 104636): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Richmond Capital Management Inc compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Richmond Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Richmond Capital Management Inc located?", "a": "Richmond Capital Management Inc's principal office is in Richmond, VA, according to its Form ADV." }, { "q": "Is Richmond Capital Management Inc registered with the SEC or a state?", "a": "Richmond Capital Management Inc is an SEC-registered investment advisory firm, registered since 1982. Status as filed: Approved. CRD 104636." }, { "q": "How much does Richmond Capital Management Inc manage?", "a": "Richmond Capital Management Inc reports $5,933,762,000 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary)." }, { "q": "How have Richmond Capital Management Inc's assets and staff changed since 2021?", "a": "In the Form ADV data for Richmond Capital Management Inc: Regulatory assets under management: $6,495,353,000 in the October 2021 data and $5,933,762,000 in the October 2026 data, down 9%. Total employees: 19 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Richmond Capital Management Inc serve?", "a": "By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (39); charitable organizations (33); state or municipal government entities (including government pension plans) (32)." }, { "q": "Which custodians does Richmond Capital Management Inc use?", "a": "Richmond Capital Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust Securities, Inc. and Truist Securities, Inc. as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Richmond Capital Management Inc 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/104636" }, { "q": "What changed in Richmond Capital Management Inc's recent Form ADV filings?", "a": "In the April 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 6495353000.0, "total_employees": 19, "filing_date": "2021-05-05" }, { "period": "2022-10-01", "regulatory_assets_under_management": 6591276000.0, "total_employees": 21, "filing_date": "2022-06-27" }, { "period": "2023-10-01", "regulatory_assets_under_management": 5376196000.0, "total_employees": 21, "filing_date": "2023-03-24" }, { "period": "2024-10-01", "regulatory_assets_under_management": 5585261000.0, "total_employees": 21, "filing_date": "2024-03-19" }, { "period": "2025-10-01", "regulatory_assets_under_management": 6139393000.0, "total_employees": 20, "filing_date": "2025-03-24" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5933762000.0, "total_employees": 20, "filing_date": "2026-03-26" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Northern Trust Securities, Inc.", "name_as_filed": "NORTHERN TRUST SECURITIES, INC.", "affiliated": false }, { "name": "Truist Securities, Inc.", "name_as_filed": "TRUIST SECURITIES, INC.", "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/richmond-capital-management-inc-richmond-va-104636.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 25, "fewer_than_5": false, "raum": 113604000.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 1892838000.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 28, "fewer_than_5": false, "raum": 1280328000.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 33, "fewer_than_5": false, "raum": 496950000.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 32, "fewer_than_5": false, "raum": 1291773000.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 6, "fewer_than_5": false, "raum": 86337000.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 39, "fewer_than_5": false, "raum": 771932000.0 } ], "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/104636", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }