Ntv Asset Management, LLC (Charleston)

Name: Ntv Asset Management, LLC
Address: 216 Brooks Street, Charleston, WV, 25301 1800
Telephone: 304-353-9090

Ntv Asset Management, LLC is a large advisory firm based in Charleston. It manages $469.31 million of regulatory assets for 623 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Georgia, North Carolina, Pennsylvania, and West Virginia.

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

Ntv Asset Management: assets under management

The assets under management (AUM) of Ntv Asset Management, LLC is $469.31 million. The firm's AUM has grown by 1017% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $438.55 million in discretionary accounts and $30.76 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $781.73 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $496.14 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is government bonds, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ntv Asset Management, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ntv Asset Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Ntv Asset Management is individuals with 203 clients and $205.94 million of assets under management. Among the 6 most similar advisory firms, Ntv Asset Management has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $463.13 million for 261 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Ntv Asset Management doesn't advise any private funds.

Careers at Ntv Asset Management, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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 Rufus Thomas	Managing member	1 Nov 2000	50% - 75%	4372477
John Randy Valentine	Managing member	1 Nov 2000	50% - 75%	2236821
Harold Edward Neely	Managing member	1 Nov 2000	25% - 50%	2520249
Karen Sue Setterstrom	Chief compliance officer	1 Sep 2004	Other	1493914
John Marshall Valentine	Chief compliance officer	1 Dec 2018	Other	5223769

Based in Charleston

The principal office where Ntv Asset Management, LLC performs its advisory services is located at 216 Brooks Street, Charleston, WV 25301 1800, 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 304-353-9090 or by fax 304-353-9091. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ntvam.com.