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.

SEC-registered adviser

Thompson Davis Asset Management

Independent wealth managerRichmond, VirginiaCRD 41353SEC 801-120472websiteIAPD
Legal name Thompson Davis & Co., Inc.
Latest filing Sep 10, 2026
First filing on the tape Feb 3, 2012 · 44 filings
SEC status approved since Mar 5, 2021
RAUM
$211M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$203M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$42.3M
derived; firm RAUM over IAPD count
Employees
9
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$211M as of Mar 31, 2026
Mar 28, 2012$88.4M then
HNW client RAUM$142M as of Mar 31, 2026
Mar 30, 2018$1.6M then
State-registered IARs (5.B.3)5 as of Mar 31, 2026
Mar 28, 20120 then
Employees (5.A)9 as of Mar 31, 2026
Jan 31, 201319 then
Private funds1 as of Mar 31, 2026
Mar 28, 20121 then
RAUM +2.2% over the last fiscal year+22% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Sep 10, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$42.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
59derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$691,289derivedHNW RAUM over HNW clients
Average account
$704,461derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+2.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.3%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
yesreportedItem 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
  • is a broker-dealer (6.A.1)
  • 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)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$142M67%
  • Individuals$61.0M29%
  • Pooled investment vehicles$4.1M2.0%
  • Corporations and businesses$3.8M1.8%
Individual clients
88reported
HNW clients
206reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
300reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.96 fund_share=0.02 institutional_share=0.0 related_bd=false related_bank=false bd_reps=8.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Edward Hunter ThompsonRichmond, VaFeb 9, 200742 y0
William Dale DavisRichmond, VaFeb 9, 200736 y1
Matthew Henry DanielRichmond, Va Oct 15, 200824 y1
Brant Christopher JonesCertified Financial PlannerRichmond, VaAug 19, 201313 y1
Adam Robert ThalhimerChartered Financial AnalystRichmond, VaAug 29, 201824 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Seven Hills Capital Partners, LPHedge Fund$5.8M12Feb 3, 2012
Owners and control persons
Schedule A and B, latest filing
  • William Dale Jr Davis · Ceocontrol
    since 07/2002 · owns 25% to 50%
  • June Elaine Altizer · Cfo/Finop/Pfo/Poo
    since 07/2002 · owns 5% to 10%
  • Matthew Henry Daniel · Sr. Vice President
    since 01/2019 · owns 5% to 10%
  • Brant Christopher Jones · Investment Advisor
    since 10/2017 · owns less than 5%
  • Adam Robert Thalhimer · Director Of Research
    since 07/2018 · owns 10% to 25%
  • Edward Hunter Jr Thompson · Chairman
    since 07/2002 · owns 10% to 25%
  • Peggy Myers Walz · Cco
    since 01/2019 · owns 5% to 10%
Related persons
Schedule D 7.A
  • Seven Hills Capital Management, LLC
    pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Richmond, Va · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Financial planning clients · 0 to 0
    Mar 31, 2026 to Sep 10, 2026
  • Private funds · 1 to unset
    Mar 31, 2026 to Sep 10, 2026
  • Succession · false to unset
    Mar 31, 2026 to Sep 10, 2026
  • Corporate clients · 4 to 5
    Mar 28, 2025 to Mar 31, 2026
  • HNW clients · 207 to 206
    Mar 28, 2025 to Mar 31, 2026
  • Discretionary RAUM · $207M to $211M
    Mar 28, 2025 to Mar 31, 2026
  • HNW RAUM · $137M to $142M
    Mar 28, 2025 to Mar 31, 2026
  • Individual RAUM · $58.8M to $61.0M
    Mar 28, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $5.7M to $4.1M
    Mar 28, 2025 to Mar 31, 2026
  • RAUM · $207M to $211M
    Mar 28, 2025 to Mar 31, 2026
  • Accounts · 289 to 300
    Nov 15, 2024 to Mar 28, 2025
  • Advisory employees · 7 to 6
    Nov 15, 2024 to Mar 28, 2025
  • BD registered reps · 9 to 8
    Nov 15, 2024 to Mar 28, 2025
  • Corporate clients · 2 to 4
    Nov 15, 2024 to Mar 28, 2025
  • HNW clients · 200 to 207
    Nov 15, 2024 to Mar 28, 2025
  • Individual clients · 86 to 88
    Nov 15, 2024 to Mar 28, 2025
  • Employees · 10 to 9
    Nov 15, 2024 to Mar 28, 2025
  • Financial planning clients · 0 to 0
    Nov 15, 2024 to Mar 28, 2025
  • Discretionary RAUM · $159M to $207M
    Nov 15, 2024 to Mar 28, 2025
  • HNW RAUM · $106M to $137M
    Nov 15, 2024 to Mar 28, 2025
  • Individual RAUM · $45.3M to $58.8M
    Nov 15, 2024 to Mar 28, 2025
  • Pooled vehicle RAUM · $5.8M to $5.7M
    Nov 15, 2024 to Mar 28, 2025
  • RAUM · $159M to $207M
    Nov 15, 2024 to Mar 28, 2025
  • Wrap assets (manager) · 0.0 to unset
    Nov 15, 2024 to Mar 28, 2025
  • Wrap assets (sponsor) · 0.0 to unset
    Nov 15, 2024 to Mar 28, 2025
  • Assets in custody · unset to 0.0
    Sep 13, 2024 to Nov 15, 2024
  • Custody of client assets · false to true
    Sep 13, 2024 to Nov 15, 2024
  • Corporate clients · 2 to 3
    May 31, 2024 to Sep 13, 2024
  • HNW clients · 200 to 199
    May 31, 2024 to Sep 13, 2024
  • Corporate clients · 3 to 2
    Sep 13, 2024 to Sep 13, 2024
  • HNW clients · 199 to 200
    Sep 13, 2024 to Sep 13, 2024
  • Accounts · 304 to 289
    Jul 26, 2023 to Mar 27, 2024
  • Advisory employees · 8 to 7
    Jul 26, 2023 to Mar 27, 2024
  • Corporate clients · 3 to 2
    Jul 26, 2023 to Mar 27, 2024
  • HNW clients · 225 to 200
    Jul 26, 2023 to Mar 27, 2024
  • Individual clients · 75 to 86
    Jul 26, 2023 to Mar 27, 2024
  • Employees · 11 to 10
    Jul 26, 2023 to Mar 27, 2024
  • State-registered IARs · 6 to 5
    Jul 26, 2023 to Mar 27, 2024
  • Discretionary RAUM · $116M to $159M
    Jul 26, 2023 to Mar 27, 2024
  • HNW RAUM · $82.2M to $106M
    Jul 26, 2023 to Mar 27, 2024
Signals
3 dated events
  • Louis G Frates left Thompson Davis Asset Management for Ameriprise Financial Services, Llc (registered 2022-05-02)
    May 2, 2022 · Advisor changed firm · fact
  • Thompson Davis Asset Management filed its initial SEC registration (Form ADV)
    Feb 5, 2021 · First SEC registration · fact
  • Thompson Davis Asset Management reported RAUM $58.2M, down 74% from $220.0M (2017-04-03 to 2018-03-30)
    Mar 30, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Firm profile
LINKEDIN.COM/COMPANY/THOMPSON-DAVIS-&-CO.reportedpublic record, Form ADV, Sep 18, 2026
Website
THOMPSONDAVIS.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
804-644-6380reportedpublic record, Form ADV, Sep 10, 2026
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
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$42.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026