A. N. Culbertson & Company provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 26–50 clients last fiscal year.
A. N. Culbertson & Company reports 315 clients. They include 168 high-net-worth individuals, 143 individual clients and 2 charitable organizations. Of its assets, 98.8% ($808M across 846 accounts) are managed with discretion; $9.48M across 3 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 7% |
| High-net-worth individuals | 53% | 92% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 143 | $59.5M | 7.3% | $416K |
| High-net-worth individuals | 168 | $753M | 92.1% | $4.48M |
| Pension and profit-sharing plans | Fewer than 5 | $773K | 0.1% | $773K |
| Charitable organizations | Fewer than 5 | $4.55M | 0.6% | $2.27M |
| Corporations and other businesses | Fewer than 5 | $3.13K | 0.0% | $3.13K |
| Total | 315 | $818M | 100% | — |
- Clients
- 143
- Regulatory AUM
- $59.5M
- AUM share
- 7.3%
- Avg. per client
- $416K
- Clients
- 168
- Regulatory AUM
- $753M
- AUM share
- 92.1%
- Avg. per client
- $4.48M
- Clients
- Fewer than 5
- Regulatory AUM
- $773K
- AUM share
- 0.1%
- Avg. per client
- $773K
- Clients
- Fewer than 5
- Regulatory AUM
- $4.55M
- AUM share
- 0.6%
- Avg. per client
- $2.27M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.13K
- AUM share
- 0.0%
- Avg. per client
- $3.13K
Total
- Clients
- 315
- Regulatory AUM
- $818M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
A. N. Culbertson & Company charges 0.60%–1.00% a year for its Asset management and financial planning. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$3M | 1.00% |
| $3M–$5M | 0.75% |
| $5M and above | 0.60% |
Fee details and sources
Alan Culbertson owns 25% to 50% of A. N. Culbertson & Company. Alan Culbertson is CEO; the leadership team includes President George Payne and Chief Operating Officer Matthew Borland. It has 9 employees, 5 of them in advisory roles.
Leadership
Alan CulbertsonChief Executive Officer- George PaynePresident
- Matthew BorlandChief Operating Officer and CCO
- Sharon CulbertsonShareholder & Secretary
- Anne CulbertsonShareholder
- Elizabeth CulbertsonShareholder
- Jennifer CulbertsonShareholder
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
Staff
- 9 employees
- 5 in advisory functions
- 7 state-registered reps
- Owns 25% to 50% of A. N. Culbertson & Company, Inc.
Alan Culbertson
Control person · since April 1993
- Owns 10% to 25% of A. N. Culbertson & Company, Inc.
Sharon Culbertson
since November 1997
- Owns 10% to 25% of A. N. Culbertson & Company, Inc.
Elizabeth Culbertson
since November 1997
- Owns 10% to 25% of A. N. Culbertson & Company, Inc.
Jennifer Culbertson
since November 1997
A. N. Culbertson & Company’s regulatory assets grew 1.6× from $496M (February 2021) to $818M (August 2026); clients rose from 291 to 315 and employees fell from 11 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $818M | 315 | 9 | 5 |
| February 2025 | $704M | 301 | 8 | 2 |
| February 2024 | $611M | 291 | 10 | 3 |
| February 2023 | $538M | 292 | 10 | 3 |
| February 2022 | $636M | 294 | 10 | 3 |
| February 2021 | $496M | 291 | 11 | 3 |
Besides its headquarters, A. N. Culbertson & Company has 4 offices (3 private residences, listed without an address), with 2 listed addresses in Virginia.
Virginia · 2 listed addresses
- One Boars Head Pointe, Suite 101, CharlottesvilleHQ
- 105 Monticello Ave, Charlottesville
Contact and registration details
- Legal name
- A. N. Culbertson & Company, Inc.
- Headquarters
- One Boars Head Pointe, Suite 101, Charlottesville, VA 22903-4612
- Website
- anculbertson.com
- Phone
- 434-972-7766
- SEC file
- 801-43581
- Founded
- 1993
- Structure
- Virginia corporation
- Fiscal year end
- December
A. N. Culbertson & Company uses Charles Schwab ($795M) as custodian for its separately managed accounts. A. N. Culbertson & Company has custody of $361M in client assets for 139 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $795M100%
At year end, A. N. Culbertson & Company’s separately managed accounts were mostly in stocks (73%) and funds (22%). Its reported 13F holdings for the quarter ended 30 June 2026 total $859M across 140 positions; the largest are Berkshire Hathaway Inc. Del (7.5%), Apple Inc. (6.0%) and Johnson & Johnson (4.9%).
What the accounts hold
- Stocks73%
- Funds22%
- Bonds2%
- Cash3%
Reported 13F holdings
- $859M
- Reported 13F value
- 140
- Positions
- 41.8%
- In the 10 largest
- +11.4%
- Value vs. prior quarter
- Berkshire Hathaway Inc. Del · CL B New7.5%
- Apple Inc.6.0%
- Johnson & Johnson4.9%
- Caterpillar Inc.4.7%
- JPMORGAN Chase & CO4.1%
- Microsoft Corp.3.7%
- Goldman Sachs Group Inc.3.0%
- Cummins Inc.2.8%
- Alphabet Inc. · Cap Stk CL C2.7%
- Abbvie Inc.2.3%
Together, the ten largest are 41.8% of reported value.
How many clients does A. N. Culbertson & Company have?
A. N. Culbertson & Company has 315 clients and manages $818 million for them, as of August 2026. They include 168 high-net-worth individuals, 143 individual clients and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 August 2026
What services does A. N. Culbertson & Company offer?
A. N. Culbertson & Company provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does A. N. Culbertson & Company charge?
A. N. Culbertson & Company charges 0.60%–1.00% a year for its Asset management and financial planning. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does A. N. Culbertson & Company use?
A. N. Culbertson & Company’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $795M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 August 2026
How many financial advisors does A. N. Culbertson & Company have?
A. N. Culbertson & Company has 7 investment adviser representatives registered with state securities authorities, out of 9 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does A. N. Culbertson & Company invest in?
At the end of its last fiscal year, A. N. Culbertson & Company’s separately managed accounts held 73% exchange-traded equities, 22% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns A. N. Culbertson & Company?
A. N. Culbertson & Company’s direct owners are Sharon Culbertson, Elizabeth Culbertson, Jennifer Culbertson and Alan Culbertson, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 28 August 2026
How does A. N. Culbertson & Company get paid?
A. N. Culbertson & Company is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is A. N. Culbertson & Company registered with the SEC?
Yes, A. N. Culbertson & Company has been registered with the SEC as an investment adviser since 8 April 1993. Its CRD number is 108341 and its SEC file number is 801-43581.
Source: Form ADV Part 1A, Item 1, filed 28 August 2026; IAPD firm record
How do I contact A. N. Culbertson & Company?
A. N. Culbertson & Company’s main office is at One Boars Head Pointe, Suite 101, Charlottesville, VA 22903-4612. Its phone number is 434-972-7766. Its website is anculbertson.com.