Fairfax Global Markets LLC (Middleburg)

Name: Fairfax Global Markets LLC
Address: 2 West Washington Street, Middleburg, VA, 20118
Telephone: 203-891-8377

Fairfax Global Markets LLC is a multi-state adviser based in Middleburg. It manages $58.5 million of regulatory assets for 313 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 21 other states.

Fairfax Global Markets provides portfolio management for individuals and small businesses and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fairfax Global Markets: assets under management

The assets under management (AUM) of Fairfax Global Markets LLC is $58.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 271% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $58.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $186.89 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is investment and business development companies, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fairfax Global Markets LLC for their services and products based on a percentage of assets under management. 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 Fairfax Global Markets serves?

The firm provides services to individuals and corporations or other businesses. The largest group of clients of Fairfax Global Markets is individuals with 222 clients and $24.54 million of assets under management. Among the 2 most similar advisory firms, Fairfax Global Markets has the lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $25.88 million for 229 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.

Fairfax Global Markets doesn't advise any private funds.

Careers at Fairfax Global Markets LLC

The company employs 5 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There are 49 people 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Albert Auffenburg	Direct owner	1 May 2012	50% - 75%	6087008
Paul George Dietrich	Direct owner	1 May 2012	50% - 75%	4389176
Matthew Stephen Hardin	Cco	1 Jun 2012	Other	2366634
Paul George Dietrich	Cco and ceo	1 Feb 2013	50% - 75%	4389176

Based in Middleburg

The principal office where Fairfax Global Markets LLC performs its advisory services is located at 2 West Washington Street, Middleburg, VA 20118 The mailing address of the firm is 2 West Washington Street, Middleburg, VA 20118. An additional office of the firm is in Upperville, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-891-8377 or by fax 203-891-8382. The normal business hours are 9 a.m/ 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at fairfax-global.com.