Hendershot Investments, Inc. (Centreville)

Name: Hendershot Investments, Inc.
Address: 5862 Saddle Downs Place, Centreville, VA, 20120
Telephone: 703-361-6130

Hendershot Investments, Inc. is a large advisory firm based in Centreville. It manages $375.7 million of regulatory assets for 735 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, District of Columbia, and 13 other states.

Hendershot Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and publication of newsletters. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hendershot Investments: assets under management

The assets under management (AUM) of Hendershot Investments, Inc. is $375.7 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 804% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $375.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $511.15 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hendershot Investments, Inc. for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and fixed fees. 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 Ingrid Reardon Hendershot serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ingrid Reardon Hendershot is high net worth individuals with 109 clients and $259.77 million of assets under management. Among the 8 most similar advisory firms, Hendershot Investments has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $375.7 million for 338 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.

Hendershot Investments doesn't advise any private funds.

Careers at Hendershot Investments, Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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.

Ingrid Reardon Hendershot has been acting as President since 1 Jul 1994. Robert Patrick Reardon joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ingrid Reardon Hendershot	President/chief executive officer	1 Jul 1994	50% - 75%	2095265
Charles Leroy Hendershot	Executive vice president/treasurer/chief compliance officer	1 Jul 1994	25% - 50%	4471264
Robert Patrick Reardon	Director	1 Apr 2015	Other	6624914
Shawn Michael Reardon	Senior vice president and director	1 Apr 2015	Other	6624915
Giselle Maureen Notarianni	Director	1 Apr 2015	Other	6624918

Based in Centreville

The principal office where Hendershot Investments, Inc. performs its advisory services is located at 5862 Saddle Downs Place, Centreville, VA 20120, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 703-361-6130 or by fax 703-817-0737. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at hendershotinvestments.com.