DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Flippin Bruce & Porter Inc

Former SEC-registered adviserLynchburg, VirginiaCRD 105718SEC 801-24187IAPD
Latest filing Mar 19, 2021
First filing on the tape Mar 26, 2012 · 13 filings
RAUM
$587M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
79%
$461M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
13
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$587M as of Mar 19, 2021
Mar 26, 2012$657M then
HNW client RAUM$461M as of Mar 19, 2021
Mar 29, 2018$403M then
State-registered IARs (5.B.3)7 as of Mar 19, 2021
Mar 26, 20120 then
Employees (5.A)13 as of Mar 19, 2021
Mar 28, 201315 then
Private funds: no history
RAUM -13% over the last fiscal year+1.9% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Mar 19, 2021; every figure names its basis
RAUM per advisor
$83.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
56derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
8.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-15%derived
Compensation
percentage of assets, hourly, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$74.3M, 48 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$461M79%
  • Investment companies$57.7M9.8%
  • Pension and profit-sharing plans$24.7M4.2%
  • Charitable organizations$24.4M4.2%
  • Corporations and businesses$18.8M3.2%
Individual clients
0reported
HNW clients
391reported
Pension plan clients
8reported
Charitable clients
26reported
Accounts
438reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $250M managedreported
Custody of client assets
$74.3M for 48 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Joined, latest
none on the tape
    Every departureEvery arrival
    Teams: two or more advisors moving together within fourteen days, from one state
      Teams outTeams in
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Thomas John Bruce · Director/President/Executive Committeecontrol
        since 03/2008 · owns 25% to 50%
      • Delmas Norman Darden · Executive Committeecontrol
        since 03/2008 · owns 5% to 10%
      • Henry John Hanna · Director/Vice President/Executive Committeecontrol
        since 03/2008 · owns 10% to 25%
      • Jarrell David Marshall · Director/Secretary/Executive Committeecontrol
        since 03/2008 · owns 10% to 25%
      • Layne Teresa Sanderson · Chief Compliance Officer
        since 01/2004 · owns less than 5%
      • Eugene Michael Watson · Treasurer/Controller
        since 03/2008 · owns 5% to 10%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 510 to 438
        Jun 26, 2020 to Mar 19, 2021
      • Corporate clients · 13 to 11
        Jun 26, 2020 to Mar 19, 2021
      • HNW clients · 461 to 391
        Jun 26, 2020 to Mar 19, 2021
      • Assets in custody · $73.2M to $74.3M
        Jun 26, 2020 to Mar 19, 2021
      • Discretionary RAUM · $677M to $587M
        Jun 26, 2020 to Mar 19, 2021
      • HNW RAUM · $539M to $461M
        Jun 26, 2020 to Mar 19, 2021
      • Pension RAUM · $27.5M to $24.7M
        Jun 26, 2020 to Mar 19, 2021
      • RAUM · $677M to $587M
        Jun 26, 2020 to Mar 19, 2021
      • Wrap assets (manager) · $316M to $250M
        Jun 26, 2020 to Mar 19, 2021
      • Accounts · 484 to 510
        Mar 29, 2019 to Mar 27, 2020
      • Corporate clients · 15 to 13
        Mar 29, 2019 to Mar 27, 2020
      • HNW clients · 433 to 461
        Mar 29, 2019 to Mar 27, 2020
      • Assets in custody · $65.6M to $73.2M
        Mar 29, 2019 to Mar 27, 2020
      • Discretionary RAUM · $596M to $677M
        Mar 29, 2019 to Mar 27, 2020
      • HNW RAUM · $446M to $539M
        Mar 29, 2019 to Mar 27, 2020
      • Pension RAUM · $26.6M to $27.5M
        Mar 29, 2019 to Mar 27, 2020
      • RAUM · $596M to $677M
        Mar 29, 2019 to Mar 27, 2020
      • Wrap assets (manager) · $236M to $316M
        Mar 29, 2019 to Mar 27, 2020
      • Accounts · 391 to 484
        Mar 29, 2018 to Mar 29, 2019
      • Charity clients · 23 to 26
        Mar 29, 2018 to Mar 29, 2019
      • Corporate clients · 9 to 15
        Mar 29, 2018 to Mar 29, 2019
      • HNW clients · 347 to 433
        Mar 29, 2018 to Mar 29, 2019
      • Pension plan clients · 10 to 8
        Mar 29, 2018 to Mar 29, 2019
      • Assets in custody · $69.5M to $65.6M
        Mar 29, 2018 to Mar 29, 2019
      • Employees · 12 to 13
        Mar 29, 2018 to Mar 29, 2019
      • Discretionary RAUM · $554M to $596M
        Mar 29, 2018 to Mar 29, 2019
      • HNW RAUM · $403M to $446M
        Mar 29, 2018 to Mar 29, 2019
      • Pension RAUM · $29.9M to $26.6M
        Mar 29, 2018 to Mar 29, 2019
      • RAUM · $554M to $596M
        Mar 29, 2018 to Mar 29, 2019
      • Wrap assets (manager) · $180M to $236M
        Mar 29, 2018 to Mar 29, 2019
      • Accounts · 325 to 391
        Mar 28, 2017 to Mar 29, 2018
      • Charity clients · unset to 23.0
        Mar 28, 2017 to Mar 29, 2018
      • Corporate clients · unset to 9.0
        Mar 28, 2017 to Mar 29, 2018
      • HNW clients · unset to 347.0
        Mar 28, 2017 to Mar 29, 2018
      • Individual clients · unset to 0.0
        Mar 28, 2017 to Mar 29, 2018
      • Pension plan clients · unset to 10.0
        Mar 28, 2017 to Mar 29, 2018
      • Pooled vehicle clients · unset to 0.0
        Mar 28, 2017 to Mar 29, 2018
      • Assets in custody · unset to 69488464.0
        Mar 28, 2017 to Mar 29, 2018
      • Custody of client assets · false to true
        Mar 28, 2017 to Mar 29, 2018
      • Employees · 13 to 12
        Mar 28, 2017 to Mar 29, 2018
      Signals
      No event on the tape.
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026