Holderness Investments Co

Holderness Investments Company, established in 1995, specializes in providing customized investment management services to high-net-worth individuals, trusts, estates, pension plans, and other legal entities. The firm primarily invests in domestic and international stocks, bonds, mutual funds, and ETFs, tailoring investment strategies to each client's risk profile and objectives. Holderness manages approximately $327 million on a discretionary basis and $19 million on a non-discretionary basis. Clients are charged annual fees based on a tiered schedule, with the ability to negotiate fees. Holderness does not charge performance-based fees, ensuring no conflicts of interest. The firm's minimum account size is typically $1 million but negotiable. Investment strategies involve fundamental analysis, with a focus on long-term horizons. Holderness offers custom portfolio management, vision tactical strategies, and third-party investment manager recommendations. The firm's investment team includes Richard Holderness, Kim Cummings Eder, Ken Shahbaz, and Sheila Falls. Holderness acts as a fiduciary, upholding a code of ethics and monitoring accounts regularly. The firm has a referral arrangement with McMillion Capital Management, Inc. and custody client assets with unaffiliated broker-dealers or banks. Holderness has investment discretion over most client accounts and implements policies for voting client securities. Additionally, the firm engages Chicago Clearing Corporation to handle class action lawsuits on behalf of clients. Holderness has not faced any financial difficulties or disciplinary events in the past 10 years.