Bb&T Investment Services, Inc. (Charlotte)

Name: Bb&T Investment Services, Inc.
Address: 200 South College Street, Charlotte, NC, 28202
Telephone: 704-954-1388

Bb&T Investment Services, Inc. is a large advisory firm based in Charlotte. It manages $1.08 billion of regulatory assets for 5,430 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Arizona, California, and 35 other states.

Bb&T Investment Services provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bb&T Investment Services: assets under management

The assets under management (AUM) of Bb&T Investment Services, Inc. is $1.08 billion. The firm's AUM has grown by 48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $134.37 million in discretionary accounts and $949.17 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $522.85 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $183.49 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bb&T Investment Services, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Bb&T Investment Services, Inc.

Richard Tabb Iii Evans has been acting as President since 1 May 2007. Darren Lee Earnhardt joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Branch Banking And Trust Company	Shareholder	1 Mar 1994	75% - 100%	56-1074313
Darren Lee Earnhardt	Cfo/financial operations principal/operations manager	1 Jan 2004	Other	2356117
Richard Tabb Iii Evans	Director of sales/director	1 May 2007	Other	1643552
Alexander Wilson Cecil	Chief compliance officer	1 Jul 2013	Other	2319938
Bryan Scott Cram	President	1 Jan 2015	Other	2723431
Randall Barrett Saufley	Chief financial officer	1 Jan 2016	Other	1664935
Darren Lee Earnhardt	Chief operating officer	1 Feb 2017	Other	2356117

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Bb&T Corporation	Shareholder	1 May 1995	75% - 100%	56-0939887

Based in Charlotte

The principal office where Bb&T Investment Services, Inc. performs its advisory services is located at 200 South College Street, Charlotte, NC 28202, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704-954-1388 or by fax 704-954-1343. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at bbandt.com/investments.