Darrell & King, LLC is a large advisory firm based in Charlottesville. It manages $624.5 million of regulatory assets for 194 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, Maryland, New Hampshire, Texas, and Virginia.
Darrell & King provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Darrell & King, LLC is $624.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and $1.51 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Darrell & King, LLC 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.
The firm provides services to individuals, charitable organizations, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Darrell & King is individuals with 176 clients and $519.79 million of assets under management. Among the 11 most similar advisory firms, Darrell & King has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $618.97 million for 190 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Darrell & King doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Darrell & King, LLC performs its advisory services is located at 410 White Gables Ln, Charlottesville, VA 22903 4994, 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 434-977-7010 or by fax 434-977-6313. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at darrellandking.com.