V.m. Manning & Co., Inc.

V. M. Manning & Co., Inc. is a financial advisory firm based in Greenville, S.C., established in 1916 by Vivian M. Manning. The firm specializes in traditional money management services, primarily utilizing stocks, bonds, and money market funds as investment vehicles. Managed by Nelson B. Arrington Jr., the firm's investment advisory services are provided by Nelson B. Arrington III, William (Bill) A. Mitchell, and Michael (Mike) Sierra. With approximately $76 million in client assets under management as of 12/31/22, the firm charges an annual fee between 1.00% and 1.50% on assets under management, deducted quarterly. The minimum account size to open an account is $250,000. V. M. Manning & Co., Inc. does not offer performance-based fees and has no disciplinary actions on record. The firm's investment strategy focuses on core equity investments in U.S. and foreign common stocks, bonds, and preferred stocks, aiming for long-term growth at a reasonable price. Clients have the option to impose restrictions on certain investments. The firm retains full investment discretion, allowing them to buy and sell securities as needed to meet client objectives. V. M. Manning & Co., Inc. does not maintain custody of client assets, utilizing Charles Schwab as the custodian. Clients receive quarterly performance reports and annual reviews of their accounts. The firm does not receive compensation for client referrals and does not engage in principal or agency cross securities transactions for client accounts.