Pettyjohn, Wood & White provides portfolio management for individuals and small businesses.
Pettyjohn, Wood & White reports 586 clients. They include 287 high-net-worth individuals, 275 individual clients, and 12 corporations and other businesses. Of its assets, 100.0% ($1.02B across 1,016 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 47% | 10% |
| High-net-worth individuals | 49% | 81% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | <1% | 1% |
| Charitable organizations | 2% | 5% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses; Other | 2% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 275 | $106M | 10.4% | $387K |
| High-net-worth individuals | 287 | $824M | 80.5% | $2.87M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | 3 | $13.3M | 1.3% | $4.43M |
| Charitable organizations | 9 | $54.4M | 5.3% | $6.04M |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | 12 | $25.3M | 2.5% | $2.11M |
| Other | Fewer than 5 | $0 | 0.0% | — |
| Total | 586 | $1.02B | 100% | — |
- Clients
- 275
- Regulatory AUM
- $106M
- AUM share
- 10.4%
- Avg. per client
- $387K
- Clients
- 287
- Regulatory AUM
- $824M
- AUM share
- 80.5%
- Avg. per client
- $2.87M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 3
- Regulatory AUM
- $13.3M
- AUM share
- 1.3%
- Avg. per client
- $4.43M
- Clients
- 9
- Regulatory AUM
- $54.4M
- AUM share
- 5.3%
- Avg. per client
- $6.04M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 12
- Regulatory AUM
- $25.3M
- AUM share
- 2.5%
- Avg. per client
- $2.11M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 586
- Regulatory AUM
- $1.02B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Pettyjohn, Wood & White charges 0.50%–1.00% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$3M | 0.75% |
| $3M and above | 0.50% |
Fee details and sources
Bank of the James Financial Group, Inc. owns 75% or more of Pettyjohn, Wood & White. The leadership team of Pettyjohn, Wood & White includes President Charles White and Chief Compliance Officer Kate Sigler. It has 6 employees, 5 of them in advisory roles.
Staff
- 6 employees
- 5 in advisory functions
- 5 state-registered reps
- Owns 75% or more of Pettyjohn, Wood & White, Inc.
Bank of the James Financial Group, Inc.
Control person · since December 2021
- Owns 75% or more of Pettyjohn, Wood & White, Inc.
Bank of the James Financial
Control person · since December 2021
Pettyjohn, Wood & White’s regulatory assets grew 1.7× from $587M (March 2021) to $1.02B (March 2026); clients rose from 416 to 586 and employees were 6 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1.02B | 586 | 6 | 1 |
| Mar 2025March 2025 | $854M | 561 | 6 | 1 |
| Feb 2024February 2024 | $734M | 569 | 6 | 1 |
| Mar 2023March 2023 | $648M | 557 | 6 | 1 |
| Jan 2022January 2022 | $683M | 517 | 6 | 1 |
| Mar 2021March 2021 | $587M | 416 | 6 | 1 |
Besides its headquarters, Pettyjohn, Wood & White has 0 offices, with 1 listed address in 1 state.
Virginia · 1 listed address
- 1925 Atherholt Road, LynchburgHQ
Other business names
Pettyjohn, Wood & White has reported 1 other business name to the SEC.
- Old Dominion Client Services, LLC
Contact and registration details
- Legal name
- Pettyjohn, Wood & White, Inc.
- Headquarters
- 1925 Atherholt Road, Lynchburg, VA 24501
- Website
- pwandw.com
- Phone
- 434-845-1266
- SEC file
- 801-13803
- Structure
- Virginia corporation
- Fiscal year end
- December
Pettyjohn, Wood & White’s named custodian for separately managed accounts is Charles Schwab ($1.02B). Pettyjohn, Wood & White has custody of $462M for 268 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $1.02B100%
At year end, Pettyjohn, Wood & White’s separately managed accounts were mostly in stocks (71%) and cash (13%). Its reported 13F holdings for the quarter ended 30 June 2026 total $687M across 222 positions; the largest are Apple Inc. (5.6%), State Str SPDR S&P 500 ETF T (5.2%) and Alphabet Inc. (4.9%).
What the accounts hold
- Stocks71%
- Funds2%
- Bonds11%
- Investment grade corporate bonds7%
- U.S. government and agency bonds3%
- State and local bonds1%
- Cash13%
- Other2%
- Bond funds, warrants2%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Pettyjohn, Wood & White have?
Pettyjohn, Wood & White has 586 clients and manages $1.02 billion for them, as of March 2026. They include 287 high-net-worth individuals, 275 individual clients, and 12 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 March 2026
What services does Pettyjohn, Wood & White offer?
Pettyjohn, Wood & White provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Pettyjohn, Wood & White charge?
Pettyjohn, Wood & White charges 0.50%–1.00% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does Pettyjohn, Wood & White use?
Pettyjohn, Wood & White’s separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $1.02B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 March 2026
How many financial advisors does Pettyjohn, Wood & White have?
Pettyjohn, Wood & White has 5 investment adviser representatives registered with state securities authorities, out of 6 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 Pettyjohn, Wood & White invest in?
At the end of its last fiscal year, Pettyjohn, Wood & White’s separately managed accounts held 71% exchange-traded equities, 13% cash and equivalents, 7% investment grade corporate bonds, 3% U.S. government and agency bonds, 2% registered funds (mutual funds, ETFs, BDCs), 2% other and 1% state and local bonds. The 2% other category is described as: Bond Funds, Warrants.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pettyjohn, Wood & White?
Pettyjohn, Wood & White’s direct owners are Bank of the James Financial Group, Inc. (75% or more) and Bank of the James Financial (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 March 2026
How does Pettyjohn, Wood & White get paid?
Pettyjohn, Wood & White 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
How do I contact Pettyjohn, Wood & White?
Pettyjohn, Wood & White’s main office is at 1925 Atherholt Road, Lynchburg, VA 24501. Its phone number is 434-845-1266. Its website is pwandw.com.