The Burney provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, estate planning, insurance, philanthropic planning, tax planning, and tax preparation. Financial planning was provided to 251–500 clients last fiscal year.
The Burney reports 1,926 clients. They include 976 individual clients, 904 high-net-worth individuals, and 22 pension and profit-sharing plans. Of its assets, 100.0% ($3.59B across 4,528 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 1,936 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 51% | 12% |
| High-net-worth individuals | 47% | 72% |
| Investment companies | <1% | 10% |
| Pension and profit-sharing plans | 1% | 2% |
| Charitable organizations | <1% | <1% |
| Other client typesCorporations and other businesses | 1% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 976 | $425M | 11.8% | $435K |
| High-net-worth individuals | 904 | $2.59B | 72.2% | $2.86M |
| Investment companies | 1 | $361M | 10.1% | $361M |
| Pension and profit-sharing plans | 22 | $75.3M | 2.1% | $3.42M |
| Charitable organizations | Fewer than 5 | $11M | 0.3% | $3.66M |
| Corporations and other businesses | 20 | $127M | 3.5% | $6.35M |
| Total | 1,926 | $3.59B | 100% | — |
- Clients
- 976
- Regulatory AUM
- $425M
- AUM share
- 11.8%
- Avg. per client
- $435K
- Clients
- 904
- Regulatory AUM
- $2.59B
- AUM share
- 72.2%
- Avg. per client
- $2.86M
- Clients
- 1
- Regulatory AUM
- $361M
- AUM share
- 10.1%
- Avg. per client
- $361M
- Clients
- 22
- Regulatory AUM
- $75.3M
- AUM share
- 2.1%
- Avg. per client
- $3.42M
- Clients
- Fewer than 5
- Regulatory AUM
- $11M
- AUM share
- 0.3%
- Avg. per client
- $3.66M
- Clients
- 20
- Regulatory AUM
- $127M
- AUM share
- 3.5%
- Avg. per client
- $6.35M
Total
- Clients
- 1,926
- Regulatory AUM
- $3.59B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1,936
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
The Burney is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Tax preparation and tax planning
- Tax preparation and planning through Burney Tax Advisors is billed a fixed fee based on the scope of services, separate from the advisory fee; no rate is stated.
Lowell Pratt owns 50% to 75% of The Burney. The leadership team of The Burney includes President Lowell Pratt, Chief Operating Officer William Stewart and Chief Compliance Officer Michael Newman. It has 46 employees, 42 of them in advisory roles.
Leadership
- Lowell PrattPresident, Chairman, Shareholder
- William StewartChief Operating Officer /Shareholder
- Michael NewmanChief Compliance Officer/General Counsel/Director
- Richard BauchspiesDirector, Shareholder
- Sherrie CampbellDirector
- John DaleyDirector
- John DrerupDirector
Wayne FerbertSenior Managing Director- Thomas HuntDirector, Shareholder
- Andrew PrattDirector
- Xin ShenDirector, Shareholder
- Martin WalshDirector, Shareholder
- Peter WoolstonDirector
Investment adviser representatives
37 representatives listed in the SEC register as of 9 October 2026.
- Brenna Renee Allsopp
- Christine Richter Arlitt
- Richard Elmer Bauchspies JR.
- Cameron Read Bishop
- Jodi Lee Bowman
- Sherrie Parks Campbell
- John Michael Daley
- John William Drerup
- Zachary Charles Ellington
- Erin Eileen Evans
- Harriet Bridjett Fountain
- Evgeny Vyacheslavovich Gushcha
- Owen George Hendershot
- Thomas Durrell Hunt
- Dylan Jacob Ibarra
- Alexandru Cristian Kevorchian
- Anne Arden Majors
- Kyle Patrick McFarland
- Kenny Danny Mezher
- Albert John Mullan
- Adam Michael Newman
- Brayden Thomas Oswald
- Clayton Pierce Owen
- Bijal Harshad Patel
- Andrew Joseph Pratt
- Lowell Dorrance Pratt JR
- Robert Louis Pratt
- Brian Quantrille
- Fariba Shahbaz
- Leslie Smith Sinyard
- Robert Boston Smith
- Kenneth Elliott Stanley
- Emily Medling Stokes
- Joel Andrew Sanjay Sues
- Hannah Camille Terwilliger
- Nathaniel Cole Willson
- Peter Christopher Woolston
Staff
- 46 employees
- 42 in advisory functions
- 25 state-registered reps
- Owns 50% to 75% of The Burney Company
Lowell Pratt
Control person · since January 1999
- Owns 5% to 10% of The Burney Company
William Stewart
Control person · since January 2006
- Owns 5% to 10% of The Burney Company
Richard Bauchspies
Control person · since January 2006
- Owns 5% to 10% of The Burney Company
Thomas Hunt
Control person · since July 2017
- Owns 5% to 10% of The Burney Company
Martin Walsh
Control person · since May 2015
- Owns 5% to 10% of The Burney Company
Xin Shen
Control person · since March 2016
The Burney’s regulatory assets grew 1.7× from $2.09B (July 2021) to $3.59B (March 2026); clients were 1,926 in both filings and employees rose from 43 to 46.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $3.59B | 1,926 | 46 | 15 |
| May 2025 | $3.14B | 1,932 | 46 | 15 |
| July 2024 | $2.68B | 1,934 | 42 | 15 |
| March 2023 | $2.25B | 1,956 | 41 | 15 |
| March 2022 | $2.63B | 1,972 | 40 | 10 |
| July 2021 | $2.09B | 1,881 | 43 | 10 |
Besides its headquarters, The Burney has 14 offices (9 private residences, listed without an address), with 6 listed addresses across 4 states.
Tennessee · 2 listed addresses
- 4235 Hillsboro Pike, Nashville
- 105 Westpark Drive, Brentwood
Virginia · 2 listed addresses
- 1800 Alexander Bell Drive, Suite 510, RestonHQ
- 3220 Center Ridge Drive, Richmond
Georgia · 1 listed address
- 5017 Rosalie Road, Johns Creek
South Carolina · 1 listed address
- 5313 Ulster Court, Indian Land
Contact and registration details
- Legal name
- The Burney Company
- Headquarters
- 1800 Alexander Bell Drive, Suite 510, Reston, VA 20191
- Website
- burneyadvisorservices.com
- Phone
- 866-928-7639
- @burneywealthmanagement
- SEC file
- 801-10232
- Founded
- 1974
- Structure
- Delaware corporation
- Fiscal year end
- December
The Burney uses Charles Schwab ($2.76B) as custodian for its separately managed accounts. The Burney has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $2.76B100%
At year end, The Burney’s separately managed accounts were mostly in stocks (77%) and funds (19%). Its reported 13F holdings for the quarter ended 30 June 2026 total $3.71B across 605 positions; the largest are EA Series Trust (17.9%), EA Series Trust (11.6%) and Apple Inc. (2.9%).
What the accounts hold
- Stocks77%
- Exchange-traded equities74%
- Non-exchange-traded equities3%
- Funds19%
- Registered funds18%
- Pooled vehicles1%
- Bonds2%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash2%
Reported 13F holdings
- $3.71B
- Reported 13F value
- 605
- Positions
- 45.1%
- In the 10 largest
- +16.0%
- Value vs. prior quarter
- EA Series Trust · Burney US Eqty17.9%
- EA Series Trust · Burney US Fctr11.6%
- Apple Inc.2.9%
- Vanguard Scottsdale Fds · Inter Term Treas2.4%
- Lam Research Corp.2.4%
- Alphabet Inc. · Cap Stk CL A2.3%
- Nvidia Corporation2.2%
- Arista Networks Inc. · Com Shs1.3%
- Dimensional ETF Trust · Intl Core Equity1.1%
- Expedia Group Inc.1.0%
Together, the ten largest are 45.1% of reported value.
How many clients does The Burney have?
The Burney has 1,926 clients and manages $3.59 billion for them, as of March 2026. They include 976 individual clients, 904 high-net-worth individuals, and 22 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does The Burney offer?
The Burney provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, estate planning, insurance, philanthropic planning, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does The Burney use?
The Burney’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $2.76B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does The Burney have?
The Burney has 25 investment adviser representatives registered with state securities authorities, out of 46 employees, and 42 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 The Burney invest in?
At the end of its last fiscal year, The Burney’s separately managed accounts held 74% exchange-traded equities, 18% registered funds (mutual funds, ETFs, BDCs), 3% non-exchange-traded equities, 2% cash and equivalents, 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns The Burney?
The Burney’s direct owners are Lowell Pratt (50% to 75%), William Stewart (5% to 10%), Richard Bauchspies (5% to 10%), Thomas Hunt (5% to 10%), Martin Walsh (5% to 10%), Xin Shen (5% to 10%) and the Burney Company (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does The Burney get paid?
The Burney is paid through a percentage of assets under management and fixed fees. 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 The Burney registered with the SEC?
Yes, The Burney has been registered with the SEC as an investment adviser since 18 September 1974. Its CRD number is 106945 and its SEC file number is 801-10232.
Source: Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record
How do I contact The Burney?
The Burney’s main office is at 1800 Alexander Bell Drive, Suite 510, Reston, VA 20191. Its phone number is 866-928-7639. Its website is burneyadvisorservices.com.