Catawba Capital Management Inc (Roanoke)

Name: Catawba Capital Management Inc
Address: 10 South Jefferson St.,Suite 1210, Roanoke, VA, 24011
Telephone: 540-342-1212

Catawba Capital Management Inc is a large advisory firm based in Roanoke. It manages $1.06 billion of regulatory assets for 688 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, North Carolina, Pennsylvania, and 3 other states.

Catawba Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Catawba Capital Management: assets under management

The assets under management (AUM) of Catawba Capital Management Inc is $1.06 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 162% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.06 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.55 million each.

Investments

The firm invests in exchange traded securities the most. They account for 43% of the total AUM. The second-largest asset type is state and local bonds, which make up 35% of the firm’s portfolio. Investments in investment and business development companies form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Catawba Capital Management Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Terence H Crowgey serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Terence H Crowgey is high net worth individuals with 144 clients and $734.69 million of assets under management. Among the 8 most similar advisory firms, Catawba Capital Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.06 billion for 493 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Catawba Capital Management doesn't advise any private funds.

Careers at Catawba Capital Management Inc

The company employs 10 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Terence H Crowgey has been acting as President since 1 Jul 2007. Michael John Perine joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter F Dawyot	President	1 Jan 1992	25% - 50%	2240124
Terence H Crowgey	Vice president	1 Jan 1992	25% - 50%	2248364
Raymond Jay Irons	Vice president	1 Jan 1992	25% - 50%	1063996
Hubert Nelson Hoffman	Shareholder	1 Apr 1992	25% - 50%	4359551
Hubert Nelson Hoffman	Shareholder	1 Jun 2002	25% - 50%	4646855
Hubert Nelson Hoffman Iii	Shareholder	1 Jun 2002	25% - 50%	4646855
Raymond Jay Irons	Senior vice president,chief compliance officer	1 Jan 2005	25% - 50%	1063996
Terence H Crowgey	Senior vice president	1 Jan 2005	25% - 50%	2248364
Hubert N. Hoffman Jr. Family Trust	Shareholder	1 May 2005	25% - 50%	02-6151169
John Edward Gray	Senior vice president and portfolio manager	1 Mar 2006	Other	5108976
Terence H Crowgey	President	1 Jul 2007	25% - 50%	2248364
Malcolm William Cook	Director	1 Sep 2010	Other	5852188
Michael John Perine	Director	1 Feb 2013	Other	6178158

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Hubert Nelson Hoffman Iii	Trustee	1 Jun 1999	Other	4646855

Based in Roanoke

The principal office where Catawba Capital Management Inc performs its advisory services is located at 10 South Jefferson St.,Suite 1210, Roanoke, VA 24011 The mailing address of the firm is P.O. Box 1180, Roanoke, VA 24006 1180. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 540-342-1212 or by fax 540-342-1211. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at catawbacapital.com.