Clients
The London Company of Virginia serves 6,122 clients, 736 of them high-net-worth individuals. The average client has about $2.4 million with the firm, and high-net-worth clients hold 18% of its $14.9 billion in assets.
- Individuals4,826 clients10%
- High-net-worth individuals736 clients18%
- Investment companies7 clients47%
- Pension and profit-sharing plans40 clients10%
- Charitable organizations110 clients3%
- OtherState or municipal government entities, Corporations and other businesses, Insurance companies12%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 4,826 | $1,499,584,570 | 10.1% | $311K |
| High-net-worth individuals | 736 | $2,707,626,744 | 18.2% | $3.68M |
| Investment companies | 7 | $6,981,089,560 | 46.9% | $997.3M |
| Pension and profit-sharing plans | 40 | $1,473,757,632 | 9.9% | $36.8M |
| Charitable organizations | 110 | $468,330,369 | 3.1% | $4.26M |
| State or municipal government entities | 12 | $600,006,083 | 4.0% | $50.0M |
| Insurance companies | 2 | $33,165,733 | 0.2% | $16.6M |
| Corporations and other businesses | 389 | $1,128,733,601 | 7.6% | $2.90M |
| Total | 6,122 | $14,892,294,292 | 100% | $2.43M |
- Clients
- 4,826
- Regulatory AUM
- $1,499,584,570
- Share
- 10.1%
- Avg. per client
- $311K
- Clients
- 736
- Regulatory AUM
- $2,707,626,744
- Share
- 18.2%
- Avg. per client
- $3.68M
- Clients
- 7
- Regulatory AUM
- $6,981,089,560
- Share
- 46.9%
- Avg. per client
- $997.3M
- Clients
- 40
- Regulatory AUM
- $1,473,757,632
- Share
- 9.9%
- Avg. per client
- $36.8M
- Clients
- 110
- Regulatory AUM
- $468,330,369
- Share
- 3.1%
- Avg. per client
- $4.26M
- Clients
- 12
- Regulatory AUM
- $600,006,083
- Share
- 4.0%
- Avg. per client
- $50.0M
- Clients
- 2
- Regulatory AUM
- $33,165,733
- Share
- 0.2%
- Avg. per client
- $16.6M
- Clients
- 389
- Regulatory AUM
- $1,128,733,601
- Share
- 7.6%
- Avg. per client
- $2.90M
Total
- Clients
- 6,122
- Regulatory AUM
- $14,892,294,292
- Share
- 100%
- Avg. per client
- $2.43M
What it does
The London Company of Virginia provides portfolio management for individuals and small businesses, portfolio management for investment companies and portfolio management for institutions. It is paid through a percentage of assets.
The London Company of Virginia advises no private funds.
100.0% of assets ($14.89B across 6,122 accounts) are managed with discretion. $3.05B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 33 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks98%
- Cash2%
Custodians
The London Company of Virginia’s client accounts are held mainly at UBS Financial Services, with 20% of managed assets, and Charles Schwab, with 8%. The London Company of Virginia does not have custody of client assets.
- UBS Financial ServicesUBS Financial Services Inc. · Weehawken, NJ · $2.96B20%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.13B8%
- All other custodians$10.80B73%
Ownership and leadership
TLC Holdings, LLC owns 50% to 75% of The London Company of Virginia, and Stephen Owen is its CEO.
- Owns 50% to 75% of The London Company of Virginia, LLC
TLC Holdings, LLC
Control person · since May 2012
- Owns 75% or more of TLC Holdings, LLC
Stephen Goddard
Control person · since October 2015
- Owns 10% to 25% of The London Company of Virginia, LLC
LPC London, LP
since May 2012
LPC London GP, LLC
General partner · since May 2012
- Owns 10% to 25% of The London Company of Virginia, LLC
The London Company of Virginia Employee Holding Company, LLC
since December 2019
Leadership
- Stephen OwenChief Executive Officer
- Mae MorganChief Financial Officer
- Melissa CarlucciChief Operating Officer, Principal
- Andrew WetzelChief Compliance Officer, Principal
- Stephen GoddardFounder, Chairman, Chief Investment Officer
- Jonathan MoodyPrincipal/Portfolio Manager
Staff
- 56 employees
- 15 in advisory functions
- 30 state-registered reps
- 1 soliciting firm
Reported holdings
The London Company of Virginia’s reported 13F holdings total $17.54B across 169 positions, and the ten largest make up 28.8% of it.
- $17.54B
- Reported 13F value
- 169
- Positions
- 28.8%
- In the 10 largest
- +8.1%
- Value vs. prior quarter
- Corning Inc.4.7%
- Apple Inc.3.6%
- Berkshire Hathaway Inc. Del · CL B New3.0%
- Norfolk Southn Corp.3.0%
- Dominion Energy Inc.2.7%
- Texas Instrs Inc.2.6%
- Entegris Inc.2.6%
- Johnson & Johnson2.2%
- Newmarket Corp.2.2%
- Air Products And Chemicals I2.1%
Together, the ten largest are 28.8% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $17.54B is not its $14.89B in regulatory assets and does not represent any individual client's portfolio.
Fees
The London Company of Virginia is paid through a percentage of assets under management.
The London Company of Virginia’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, The London Company of Virginia has 0 offices, with 1 listed address in 1 state.
Virginia · 1 listed address
- 1800 Bayberry Court, Suite 301, RichmondHQ
Other business names
The London Company of Virginia has reported 2 other business names to the SEC.
- London Co of Virginia
- The London Company
Registration details
- Legal name
- The London Company of Virginia, LLC
- Headquarters
- 1800 Bayberry Court, Suite 301, Richmond, VA 23226
- Phone
- 804-775-0317
- Website
- Not reported
- SEC file
- 801-46604
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does The London Company of Virginia have?
The London Company of Virginia has 6,122 clients and manages $14.9 billion for them, as of March 2026. They include 4,826 other individuals, 736 high-net-worth individuals and 389 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does The London Company of Virginia offer?
The London Company of Virginia provides portfolio management for individuals and small businesses, portfolio management for investment companies and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does The London Company of Virginia use?
The London Company of Virginia’s separately managed account assets are held at UBS Financial Services Inc. (Weehawken, NJ), with $2,956,669,087 and Charles Schwab & Co., Inc. (San Francisco, CA), with $1,132,033,316. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does The London Company of Virginia have?
The London Company of Virginia has 30 investment adviser representatives registered with state securities authorities, out of 56 employees, and 15 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 London Company of Virginia invest in?
At the end of its last fiscal year, The London Company of Virginia’s separately managed accounts held 98% exchange-traded equities and 2% cash and equivalents. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns The London Company of Virginia?
The London Company of Virginia is owned through holding companies by Stephen Goddard. Its direct owners are LPC London, LP (10% to 25%), TLC Holdings, LLC (50% to 75%) and the London Company of Virginia Employee Holding Company, LLC (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does The London Company of Virginia get paid?
The London Company of Virginia 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