Kanawha Capital Management, LLC

Kanawha Capital Management, LLC, established in 1989, offers investment management services specializing in discretionary asset management using equity, fixed income, and balanced portfolios. The firm also provides non-discretionary investment advice. Clients can place restrictions on investment authority. Kanawha does not offer legal, tax, or accounting advice. The firm is a fiduciary, acting in clients' best interests. Fees are based on a tiered structure: 1% per annum for the first $1,000,000, decreasing for higher asset levels. Clients may pay fees directly or authorize direct debiting from their accounts. The firm may negotiate fees based on account composition and complexity. Kanawha is affiliated with HighTower Holding, LLC. The firm's employees may have reduced or waived fees. Investment strategies include long-term and short-term purchases, as well as options strategies like covered call writing. Kanawha uses fundamental, technical, and cyclical analysis in its investment approach. Clients include individuals, trusts, and corporations, with a minimum account size of $500,000. The firm's principals are Thomas Garner, Kevin Seay, James Pickert, and Christopher Singleton, who oversee the Investment Committee. Clients receive quarterly reports and have access to proxy voting information. Kanawha may receive referrals from third parties and compensates them accordingly. The firm uses Charles Schwab & Co., Inc., and Fidelity Brokerage Services, LLC, as custodians. Kanawha has not filed for bankruptcy and has no disciplinary history.