# Richmond Capital Management Inc

> 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.

- CRD: 104636
- Filed as: RICHMOND CAPITAL MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104636
- AdvisorCensus page: https://advisorcensus.com/firm/richmond-capital-management-inc-richmond-va-104636

## Quick answers

**How is Richmond Capital Management Inc compensated?**
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.

**Where is Richmond Capital Management Inc located?**
Richmond Capital Management Inc's principal office is in Richmond, VA, according to its Form ADV.

**Is Richmond Capital Management Inc registered with the SEC or a state?**
Richmond Capital Management Inc is an SEC-registered investment advisory firm, registered since 1982. Status as filed: Approved. CRD 104636.

**How much does Richmond Capital Management Inc manage?**
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).

**How have Richmond Capital Management Inc's assets and staff changed since 2021?**
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.

**What types of clients does Richmond Capital Management Inc serve?**
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).

**Which custodians does Richmond Capital Management Inc use?**
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.

**Does Richmond Capital Management 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/104636

**What changed in Richmond Capital Management Inc's recent Form ADV filings?**
In the April 2026 filing data: 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
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Northern Trust Securities, Inc.
- Truist Securities, 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: $5,933,762,000
- Discretionary: $5,922,455,000
- Non-discretionary: $11,307,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 25 | $113,604,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $1,892,838,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 28 | $1,280,328,000 |
| Charitable organizations | 33 | $496,950,000 |
| State or municipal government entities (including government pension plans) | 32 | $1,291,773,000 |
| Insurance companies | 6 | $86,337,000 |
| Corporations or other businesses not listed above | 39 | $771,932,000 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 1982 (44 years)
- Employees: 20 total, 10 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, FL, GA, MI, MO, MS, NY, OH, PA, VA, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- richmondcap.com
- LinkedIn @richmond-capital-management-inc.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,495,353,000 | 19 | May 5, 2021 |
| October 2022 | $6,591,276,000 | 21 | June 27, 2022 |
| October 2023 | $5,376,196,000 | 21 | March 24, 2023 |
| October 2024 | $5,585,261,000 | 21 | March 19, 2024 |
| October 2025 | $6,139,393,000 | 20 | March 24, 2025 |
| October 2026 | $5,933,762,000 | 20 | March 26, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Richmond Capital Management Inc (CRD 104636): Form ADV filing data as of October 2026.