The Edgar Lomax Company

The Edgar Lomax Company (ELC) is a registered investment adviser established over 36 years ago, offering investment advisory services to various entities. ELC manages client accounts on a daily basis, tailored to individual client objectives. As of January 1, 2023, ELC managed approximately $1.7 billion in client assets on a discretionary basis. The firm's fee structure is based on a percentage of assets under management, with fees generally invoiced quarterly. ELC's minimum initial account value for institutional accounts is typically $10 million, but negotiable under certain circumstances. The firm does not participate in wrap fee programs but may consider it in the future. ELC does not charge performance-based fees currently but is open to considering them for qualified clients. The investment strategy focuses on large-cap value portfolios, employing a bottom-up value equity strategy to limit downside volatility while participating in rising markets. ELC emphasizes low volatility and above-average returns, with portfolios generally less volatile than the applicable index. Clients are advised on the risk of loss associated with investing in securities. ELC maintains a Code of Ethics and Proxy Voting Policies to ensure high ethical standards and fiduciary responsibilities are upheld. The firm does not have any disciplinary information or financial commitments that impair its ability to meet client obligations.