Boys, Arnold & Company, Inc. is a large advisory firm based in Asheville. It manages $1.09 billion of regulatory assets for 1,051 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, California, Connecticut, and 9 other states.
Boys, Arnold & Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and trust services thru our affiliated trust company. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Boys, Arnold & Company, Inc. is $1.09 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and $70.51 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Boys, Arnold & Company, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Jon Loveless Vannice is high net worth individuals with 221 clients and $908.22 million of assets under management. Among the 7 most similar advisory firms, Boys, Arnold & Company has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.07 billion for 393 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Boys, Arnold & Company doesn't advise any private funds.
The company employs 18 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jon Loveless Vannice has been acting as President since 1 Dec 1995. Jay Garst Reese joined the executive team most recently as the Investment Counselor.
The principal office where Boys, Arnold & Company, Inc. performs its advisory services is located at 1272 Hendersonville Rd, Asheville, NC 28803 The mailing address of the firm is P.O. Box 5255, Asheville, NC 28813. An additional office of the firm is in Hilton Head Island, SC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 828-274-1542 or by fax 828-277-9233. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at boysarnold.com.