Montgomery Investment Management Inc
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$487,646,174
Clients
107
Advisors
2
across 2 offices
About
Montgomery Investment Management provides portfolio management and investment advice to high‑net‑worth individuals, families, trusts, retirement accounts, charitable organizations and institutional clients. The firm generally works with larger accounts (initial account requirement is $300,000) and maintains a relatively small client base rather than serving a broad retail population.
Investment decisions are driven by a value‑oriented, fundamental analysis discipline with a long‑term horizon, emphasizing companies with sustainable competitive advantages and often targeting underfollowed or turnaround situations. Portfolios are relatively concentrated (generally 20–30 securities), and the firm offers both discretionary and non‑discretionary management, wrap account services, and the ability to provide model portfolio recommendations to other advisers.
Notably, the firm manages roughly $490 million with two managing directors and about 107 client relationships, resulting in an unusually high level of assets per advisor and per client compared with peers. The firm also operates with longstanding leadership and established compliance practices—no advisor commissions or soft‑dollar arrangements, proxy‑voting administration for discretionary accounts, and a documented code of ethics—reflecting an emphasis on fiduciary procedures alongside its concentrated, value‑driven approach.
Client services
Expertise
Fee options
$0 - $500,000: 1.2% $500,000 - $2,000,000: 0.6% $2,000,000 - $5,000,000: 0.5% $5,000,000 - $20,000,000: 0.4% Above $20,000,000+: Negotiable (Institutional Accounts and special circumstances)
Account minimum: $300,000.00 Fee-only: Fees are asset-based; no commissions received from broker/dealers; no performance-based fees.
Main office
See office6229 Executive Blvd
Rockville MD 20852
Advisors at this office
1
Offices (2)
Most active in
California · Florida · Maryland · North Carolina · Virginia
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
Calvin K
Series 63, Series 65
S. Naples, FL
Montgomery Investment Management Inc
Calvin Koonce is a financial advisor at Montgomery Investment Management Inc with 45 years of industry experience. He has been with Montgomery Investment Management since 1987 and has operated Koonce Securities, Inc. since 1979. He holds Series 63 and Series 65 designations and serves as a director of VSEC. Montgomery Investment Management provides portfolio management and investment advice to high-net-worth individuals, families, trusts, retirement accounts, charitable organizations, and institutional clients. The firm focuses on value-oriented, fundamental analysis with a long-term horizon and maintains a relatively concentrated portfolio approach.
Franklin K
Series 63, Series 65
Rockville, MD
Montgomery Investment Management Inc
Franklin Koonce is a financial advisor at Montgomery Investment Management Inc with 31 years of industry experience. He holds Series 63 and Series 65 credentials and has been with Montgomery Investment Management and Koonce Securities, Inc. since 1994. Montgomery Investment Management serves high-net-worth individuals, families, trusts, retirement accounts, charitable organizations, and institutional clients, focusing on larger accounts with a value-oriented, fundamental analysis investment approach. The firm maintains a relatively small client base and manages portfolios that are concentrated in 20–30 securities, emphasizing companies with sustainable competitive advantages and often targeting underfollowed or turnaround situations.
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