Woodard & Co Asset Management Group Inc (Bermuda Run)

Woodard & Co Asset Management Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Woodard & Co Asset Management Group: assets under management

The assets under management (AUM) of Woodard & Co Asset Management Group Inc is $587.9 million. The firm's AUM has grown by 332% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $560 million in discretionary accounts and $27.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $323.51 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.49 million.

Woodard & Co Asset Management Group has custody of $283 million in cash and securities for 686 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 82% of the total AUM. The second-largest asset type is exchange traded securities, which make up 18% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Woodard & Co Asset Management Group 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.

What kind of clients John Bennett Woodard serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of John Bennett Woodard is individuals with 1,610 clients and $380 million of assets under management. Among the 11 most similar advisory firms, Woodard & Co Asset Management Group has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $560 million for 1,731 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Woodard & Co Asset Management Group doesn't advise any private funds.

Careers at Woodard & Co Asset Management Group Inc

The company employs 3 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.

John Bennett Woodard has been acting as President since 1 Jan 1998. Todd Franklin Senter joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Based in Bermuda Run

The principal office where Woodard & Co Asset Management Group Inc performs its advisory services is located at 117 Kinderton Boulevard, Bermuda Run, NC 27006, 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 336-998-7000 or by fax 336-998-7050. The normal business hours are 8:30 am until 5:00 pm on Monday - Friday. You can find more information about the New York firm at wcamg.com.

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