Pettyjohn, Wood & White, Inc. logo

Pettyjohn, Wood & White, Inc.

Updated today

Client assets under management

$929,985,006

Clients

562

51% high-net-worth

Advisors

5

of 6 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

112

Very High

Average account size

$1,654,778

About

Pettyjohn, Wood & White, Inc. manages approximately $1.02 billion in client assets and provides discretionary portfolio management primarily for individuals and families, including high‑net‑worth clients, as well as trusts, estates, qualified retirement plans, and foundations. Like most team firms, it generally charges percentage‑of‑AUM fees and focuses on customized portfolio services for individual clients.

The firm’s investment process is client‑driven and customized: portfolio objectives and risk profiles are set through a comprehensive review of each client’s financial picture, and portfolios are managed on a discretionary basis with an emphasis on both appreciation and current income. Equity selection combines bottom‑up fundamental analysis with top‑down sector considerations, while fixed‑income exposure is typically managed as a largely passive ladder; ETFs and mutual funds are used selectively for diversification and efficiency.

What sets the firm apart from many peers is its corporate structure and related operational services: it is a wholly‑owned subsidiary of Bank of the James Financial Group and operates alongside bank and insurance affiliates, with referral arrangements for bank and insurance products (while prohibiting advisory recommendations on parent‑company securities). The firm also operates a bill‑paying service (through a wholly‑owned subsidiary and standing letters of authorization/ACH arrangements) and accepts certain custody‑type authorities for some clients, practices that have led to annual surprise custody examinations and reflect a broader set of service capabilities than is typical for similarly sized independent teams.

Client services

Portfolio management

Expertise

Wealth management Concentrated stock management Retirement income strategy

Want help finding the right advisor?

Answer a few questions to see advisors matched to you.

Fee options

Percentage

$0 - $1,000,000: 1% $1,000,000 - $3,000,000: 0.75% $3,000,000+: 0.5%

Other

Account minimum: $1,000,000 Minimum fee: Minimum fee is negotiable; no specific amount stated Fee-only: Investment advisory fees based on assets under management; no commissions charged.

Main office location

Pettyjohn, Wood & White, Inc.

1925 Atherholt Road

Lynchburg VA 24501, United States

Number of offices

1

Most active in

Colorado · Florida · Georgia · Louisiana · Maryland · New Hampshire · New York · North Carolina · Ohio · South Carolina · Tennessee · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Brian B

Series 63, Series 65

Lynchburg, VA

Pettyjohn, Wood & White, Inc.

Brian Blankinship is a financial advisor at Pettyjohn, Wood & White, Inc. in Lynchburg, VA, holding Series 63 and Series 65 designations with 25 years of industry experience. He has been with Pettyjohn, Wood & White since 2014. Pettyjohn, Wood & White, Inc. is a team-based investment adviser managing approximately $853.8 million and serving individuals, families, trusts, estates, retirement plans, charities, and foundations. The firm provides discretionary portfolio management with customized, balanced portfolios that combine individual equities and investment-grade fixed income, employing both bottom-up fundamental equity analysis and top-down sector considerations tailored to client-specific factors.

Wealth management Concentrated stock management Retirement income strategy
user avatar

Gorham W

Series 63, Series 65

Lynchburg, VA

Pettyjohn, Wood & White, Inc.

Gorham Wood is a financial advisor at Pettyjohn, Wood & White, Inc. with 32 years of industry experience. He holds Series 63 and Series 65 licenses and has been with the firm since 2014. Pettyjohn, Wood & White, Inc. is a team-based investment adviser managing approximately $853.8 million, primarily serving individuals, families, trusts, estates, retirement plans, charities, and foundations. The firm emphasizes customized, balanced portfolios combining individual equities and investment-grade fixed income, with selective use of ETFs and mutual funds, and conducts day-to-day account oversight through its five portfolio managers.

Wealth management Concentrated stock management Retirement income strategy
user avatar

Charles W

CFA®, Series 65

Lynchburg, VA

Pettyjohn, Wood & White, Inc.

Charles White is a CFA® charterholder with 23 years of industry experience, currently serving as an advisor at Pettyjohn, Wood & White, Inc. He has been with the firm since 2014. Outside of his advisory role, he serves on the board of directors for Moore & Giles, Inc., a leather goods company. Pettyjohn, Wood & White, Inc. is a team-based investment adviser managing approximately $853.8 million, primarily serving individuals, families, trusts, estates, qualified retirement plans, charities, and foundations. The firm emphasizes customized, balanced portfolios combining individual equities and investment-grade fixed income, applying both fundamental and sector analysis tailored to clients’ specific needs.

Wealth management Concentrated stock management Retirement income strategy
user avatar

Charles N

Series 65

Lynchburg, VA

Pettyjohn, Wood & White, Inc.

Charles Nowlin is a financial advisor at Pettyjohn, Wood & White, Inc. with 18 years of industry experience. He holds a Series 65 designation and has been with Pettyjohn, Wood & White since 2014. Pettyjohn, Wood & White, Inc. is a team-based investment adviser managing approximately $853.8 million, primarily serving individuals, families, trusts, estates, retirement plans, charities, and foundations. The firm emphasizes customized, balanced portfolios combining individual equities and investment-grade fixed income, using ETFs and mutual funds selectively for diversification and efficiency.

Wealth management Concentrated stock management Retirement income strategy
user avatar

Kathleen G

Series 63, Series 65

Lynchburg, VA

Pettyjohn, Wood & White, Inc.

Kathleen Graves is a financial advisor with Pettyjohn, Wood & White, Inc., holding Series 63 and Series 65 licenses and bringing 38 years of industry experience. Her prior roles include positions at SunTrust Advisory Services and SunTrust Bank. Pettyjohn, Wood & White, Inc. is a team-based investment adviser managing approximately $853.8 million, primarily serving individuals, families, trusts, estates, retirement plans, charities, and foundations. The firm focuses on customized, balanced portfolios combining individual equities and fixed income, with portfolio management tailored to clients’ specific time horizons, tax situations, and liquidity needs.

Wealth management Concentrated stock management Retirement income strategy
Warmer team member

Not sure where to start?

We'll help you think it through — whether you ultimately need an advisor or not.

Warmer helps you compare advisors clearly — so you can choose with confidence.

Find your advisor
Discover

Compare top advisor firms by metric, firm size, and location.

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")