Five Mile River Investment Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$105,232,169
Clients
108
Advisors
3
across 3 offices
About
Five Mile River provides discretionary portfolio management for high‑net‑worth individuals, families, trusts and retirement accounts, managing roughly $108.7 million across about 108 client accounts. The firm implements income, balanced and growth strategies for taxable and retirement portfolios and does not participate in wrap fee programs.
The investment process is a long‑term, bottom‑up, fundamental value approach that seeks businesses trading below private market value with identifiable catalysts to close the gap; portfolios are typically concentrated (about 30–35 names), target lower turnover (roughly 25–50% annual turnover) and aim for multi‑year appreciation objectives. All assets are managed on a discretionary basis, clients may impose investment restrictions, and the firm emphasizes research driven contact with company management, industry experts and SEC filings.
Distinctive features include 100% employee ownership and a founding team with multi‑decade institutional experience, along with a recent senior hire who previously served as a chief investment officer and helped scale a wealth advisory business to over $2 billion in assets. The firm conducts trade execution through its custodian with principals entering orders and real‑time monitoring, uses GIPS‑compatible performance reporting tools, maintains a policy of no performance fees, and reports a client base with several multi‑generational family relationships.
Client services
Demographic focus
Fee options
$0 - $5,000,000: 1.00% annually $5,000,001 - $10,000,000: 0.75% annually $10,000,001+: 0.50% annually
Account minimum: $500,000.00 Minimum fee: $500,000 minimum per family account
Main office
See officeOkatie SC
Advisors at this office
1
Offices (3)
Most active in
Arizona · California · Connecticut · Florida · New York · North Carolina · South Carolina · Texas · Virginia · Washington
Also doing business as
Five Mile River I. M. L.L.C. · Five Mile River Investment Management L.L.C. · Five Mile River Investment Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Mary R
Series 63, Series 65
Petaluma, CA
Five Mile River Investment Management, LLC
Mary Robbins is a financial advisor with Five Mile River Investment Management, LLC, holding Series 63 and Series 65 licenses and six years of industry experience. Her previous roles include positions at Fifth Third Wealth Advisors, Brannan Management Company, and Franklin Street Advisors. Outside of finance, she is involved in athletic coaching and sponsorship through her ownership of Spalding Endurance LLC, which focuses on equestrian activities. Five Mile River Investment Management provides discretionary portfolio management primarily for high-net-worth individuals, families, trusts, and retirement accounts. The firm employs a long-term, bottom-up, fundamental value investment approach with concentrated portfolios and emphasizes direct research with company management and industry experts.
Lee G
CFA®
Scottsdale, AZ
Five Mile River Investment Management, LLC
Lee Garcia is a CFA® charterholder with 22 years of industry experience. He has been with Five Mile River Investment Management, LLC since 2003. Five Mile River Investment Management provides discretionary portfolio management for families, high-net-worth individuals, and individual accounts, managing approximately $82 million across about 95 accounts. The firm employs a bottom-up, fundamentally driven value approach with concentrated portfolios and emphasizes conflict-avoidance practices and multi-generational family relationships.
Thayer R
Series 63, Series 65
Okatie, SC
Five Mile River Investment Management, LLC
Thayer Robbins is a financial advisor at Five Mile River Investment Management, LLC with 22 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Five Mile River Investment Management since 2003. Five Mile River Investment Management provides discretionary portfolio management for families, high-net-worth individuals, and trusts, overseeing approximately $82 million across about 95 accounts. The firm employs a bottom-up, fundamentally driven value approach focused on concentrated portfolios and emphasizes conflict-avoidance practices and multi-generational family relationships.
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