Richmond Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and educational seminars. The firm advises 2 private funds.
Richmond Capital Management reports 166 clients. They include 39 corporations and other businesses, 33 charitable organizations, and 32 state or municipal government entities. Of its assets, 99.8% ($5.92B across 161 accounts) are managed with discretion; $11.3M across 5 accounts are not. A wrap fee program the firm both sponsors and manages holds $14.7M. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 15% | 2% |
| Pooled investment vehicles | 2% | 32% |
| Pension and profit-sharing plans | 17% | 22% |
| Charitable organizations | 20% | 8% |
| State or municipal government entities | 19% | 22% |
| Other client typesInsurance companies; Corporations and other businesses | 27% | 14% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 25 | $114M | 1.9% | $4.54M |
| Pooled investment vehicles | 3 | $1.89B | 31.9% | $631M |
| Pension and profit-sharing plans | 28 | $1.28B | 21.6% | $45.7M |
| Charitable organizations | 33 | $497M | 8.4% | $15.1M |
| State or municipal government entities | 32 | $1.29B | 21.8% | $40.4M |
| Insurance companies | 6 | $86.3M | 1.5% | $14.4M |
| Corporations and other businesses | 39 | $772M | 13.0% | $19.8M |
| Total | 166 | $5.93B | 100% | $35.7M |
- Clients
- 25
- Regulatory AUM
- $114M
- AUM share
- 1.9%
- Avg. per client
- $4.54M
- Clients
- 3
- Regulatory AUM
- $1.89B
- AUM share
- 31.9%
- Avg. per client
- $631M
- Clients
- 28
- Regulatory AUM
- $1.28B
- AUM share
- 21.6%
- Avg. per client
- $45.7M
- Clients
- 33
- Regulatory AUM
- $497M
- AUM share
- 8.4%
- Avg. per client
- $15.1M
- Clients
- 32
- Regulatory AUM
- $1.29B
- AUM share
- 21.8%
- Avg. per client
- $40.4M
- Clients
- 6
- Regulatory AUM
- $86.3M
- AUM share
- 1.5%
- Avg. per client
- $14.4M
- Clients
- 39
- Regulatory AUM
- $772M
- AUM share
- 13.0%
- Avg. per client
- $19.8M
Total
- Clients
- 166
- Regulatory AUM
- $5.93B
- AUM share
- 100%
- Avg. per client
- $35.7M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
Richmond Capital Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Howard Bos owns 25% to 50% of Richmond Capital Management. The leadership team of Richmond Capital Management includes President Howard Bos and Chief Compliance Officer Geoffrey Sale. It has 20 employees, 10 of them in advisory roles.
Leadership
- Howard BosPresident
- David JacksonVice President
- Lori LittleVice President
- Stephen RosaVice President
- Nicholas SejnostVice President
- Geoffrey SaleChief Compliance Officer
- Tammie BurksManaging Director
- Otto GlattManaging Director
- Elizabeth HarrisManaging Director
- Roy McDowellManaging Director
- Patton RoarkManaging Director
- John SidesManaging Director
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
- Luis Contreras
Staff
- 20 employees
- 10 in advisory functions
- 8 state-registered reps
- Owns 25% to 50% of Richmond Capital Management Inc
Howard Bos
Control person · since December 2012
- Owns 25% to 50% of Richmond Capital Management Inc
Patton Roark
Control person · since February 2007
- Owns 10% to 25% of Richmond Capital Management Inc
Elizabeth Harris
Control person · since January 2002
- Owns 10% to 25% of Richmond Capital Management Inc
Roy McDowell
Control person · since February 2007
- Owns 5% to 10% of Richmond Capital Management Inc
John Sides
Control person · since March 2022
- Owns 5% to 10% of Richmond Capital Management Inc
David Jackson
Control person · since January 2025
Richmond Capital Management’s regulatory assets fell from $6.5B (May 2021) to $5.93B (March 2026); clients fell from 233 to 166 and employees rose from 19 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $5.93B | 166 | 20 | 1 |
| March 2025 | $6.14B | 175 | 20 | 1 |
| March 2024 | $5.59B | 175 | 21 | 1 |
| March 2023 | $5.38B | 199 | 21 | 1 |
| June 2022 | $6.59B | 211 | 21 | 1 |
| May 2021 | $6.5B | 233 | 19 | 1 |
Besides its headquarters, Richmond Capital Management has 0 offices, with 1 listed address in Virginia.
Virginia · 1 listed address
- 1509a Belleville Street, RichmondHQ
Contact and registration details
- Legal name
- Richmond Capital Management Inc
- Headquarters
- 1509a Belleville Street, Richmond, VA 23230
- Website
- richmondcap.com
- Phone
- 804-379-8280
- SEC file
- 801-17534
- Structure
- Virginia corporation
- Fiscal year end
- December
Richmond Capital Management uses Northern Trust Securities ($1.19B, 75%) and Truist Securities ($400M, 25%) as custodians for its separately managed accounts. Richmond Capital Management does not have custody of client assets.
- Truist SecuritiesTruist Securities, Inc. · Atlanta, GA · $400M25%
- Northern Trust SecuritiesNorthern Trust Securities, Inc. · Chicago, IL · $1.19B75%
At year end, Richmond Capital Management’s separately managed accounts were mostly in bonds (95%).
What the accounts hold
- Bonds95%
- U.S. government and agency bonds62%
- Investment grade corporate bonds33%
- Cash3%
- Other2%
- Derivatives2%
How many clients does Richmond Capital Management have?
Richmond Capital Management has 166 clients and manages $5.93 billion for them, as of March 2026. They include 39 corporations and other businesses, 33 charitable organizations, and 32 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Richmond Capital Management offer?
Richmond Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Richmond Capital Management use?
Richmond Capital Management’s separately managed account assets are held at Northern Trust Securities, Inc. (Chicago, IL), with $1.19B and Truist Securities, Inc. (Atlanta, GA), with $400M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Richmond Capital Management have?
Richmond Capital Management has 8 investment adviser representatives registered with state securities authorities, out of 20 employees, and 10 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 Richmond Capital Management invest in?
At the end of its last fiscal year, Richmond Capital Management’s separately managed accounts held 62% U.S. government and agency bonds, 33% investment grade corporate bonds, 3% cash and equivalents and 2% derivatives. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Richmond Capital Management?
Richmond Capital Management’s direct owners are Howard Bos, Elizabeth Harris, Roy McDowell, Patton Roark, John Sides and David Jackson, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Richmond Capital Management get paid?
Richmond Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions 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 Richmond Capital Management?
Richmond Capital Management’s main office is at 1509a Belleville Street, Richmond, VA 23230. Its phone number is 804-379-8280. Its website is richmondcap.com.