Dominion Portfolio Management, Inc. (Horseshoe Bay)

Name: Dominion Portfolio Management, Inc.
Address: 9000 Highway 2147 West, Horseshoe Bay, TX, 78657
Telephone: 210-265-8050

Dominion Portfolio Management, Inc. is a large advisory firm based in Horseshoe Bay. It manages $106.41 million of regulatory assets for 563 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Colorado, Illinois, Indiana, and 7 other states.

Dominion Portfolio Management provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dominion Portfolio Management: assets under management

The assets under management (AUM) of Dominion Portfolio Management, Inc. is $106.41 million. The firm's AUM has grown by 203% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $106.13 million in discretionary accounts and $276.7 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $189.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $138.35 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dominion Portfolio Management, Inc. 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 Shirley Mae Crisler serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Shirley Mae Crisler is individuals with 543 clients and $78.82 million of assets under management. Among the 10 most similar advisory firms, Dominion Portfolio Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $106.41 million for 563 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.

Dominion Portfolio Management doesn't advise any private funds.

Careers at Dominion Portfolio Management, Inc.

The company employs 30 people that are either part- or full-time employees. 93 percent of the employees work as investment advisers or researchers. 28 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.

Dominion Portfolio Management, Inc. is owned by Jimmy Dale Phillips. Shirley Mae Crisler has been acting as President since 1 May 1995. William Neel Mayo joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Shirley Mae Crisler	Director/senior vice president/corporate secretary/chief compliance officer	1 May 1995	Other	2118069
Mark Wayne Archambo	Director	1 May 1995	Other	1673061
Cameron Edward Shropshire	Vice president	1 May 1995	Other	2233524
Inc. Dominion Financial Services	Parent company	1 May 1995	75% - 100%	74-2742595
William Neel Mayo Trust	Owner	1 May 1995	Other	74-6291746
Jimmy Dale Phillips	Owner	1 May 1995	Other	1346134
William Neel Mayo	Owner	1 May 1995	Other	74-6291746
Rix Carlton Smith	President & director	1 Sep 1995	Other	1061442
Edmund Marcellus Cowart	Owner	1 Sep 1995	Other	2306670
Frederick Michael Hanish	Director	1 Nov 2012	Other	1005233
William Neel Mayo	Owner	1 Oct 2018	Other	835599

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sue Neel Mayo	Trustee	1 Jan 2009	Other	5633540
Cheryl A Green Revocable Trust Dtd 05 05 2005	Trustee	1 May 2018	Other	xxx-xx-xxxx

Based in Horseshoe Bay

The principal office where Dominion Portfolio Management, Inc. performs its advisory services is located at 9000 Highway 2147 West, Horseshoe Bay, TX 78657 The mailing address of the firm is P. O. Box 4768, Horseshoe Bay, TX 78657. An additional office of the firm is in Jackson, TN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 210-265-8050 or by fax 210-764-5353. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at domiinvestors.com.