Bb&T Institutional Investment Advisers, Inc. is a large advisory firm based in Greenville. It manages $7.33 billion of regulatory assets for 734 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Delaware, District of Columbia, and 14 other states.
Bb&T Institutional Investment Advisers provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bb&T Institutional Investment Advisers, Inc. is $7.33 billion. The firm's AUM has grown by 375% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Bb&T Institutional Investment Advisers, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 charitable organizations, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Raymond Kirkman Mcculloch is pension and profit sharing plans with 712 clients and $6.01 billion of assets under management. Among the 9 most similar advisory firms, Bb&T Institutional Investment Advisers has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $7.33 billion for 734 clients. None of the firm’s clients are foreign persons or businesses.
Bb&T Institutional Investment Advisers doesn't advise any private funds.
The company employs 57 people that are either part- or full-time employees. 98 percent of the employees work as investment advisers or researchers. 51 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Raymond Kirkman Mcculloch has been acting as President since 1 Jul 2002. James David King has served as the Chief Investment Officer since 1 Jun 2016. John D Pulliam joined the executive team most recently as the Director.
The principal office where Bb&T Institutional Investment Advisers, Inc. performs its advisory services is located at 111 Millport Circle, Floor 2, Greenville, SC 29607, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 864-527-0600 or by fax 864-527-0619. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday.