The Edgar Lomax Company
- Regulatory AUM
- $1.4B
- Discretionary
- $1.4B
- Clients
- 36
- Avg AUM / client
- $39.6M
- Accounts
- 36
- Employees
- 8
AUM over time
Annual snapshots from Form ADV filings · as of Mar 13, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 7 | $20.6M | 1.45% |
| Investment companies | 1 | $102M | 7.19% |
| Pension and profit sharing plans | 5 | $402M | 28.2% |
| Charitable organizations | 5 | $56.9M | 4.0% |
| State or municipal government entities | 13 | $770M | 54.0% |
| Corporations and other businesses | 5 | $72.5M | 5.09% |
People (9)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Eley, Randall, Robbi | President, Director | Mar 1983 (43y) | 50% – 75% | |
| Eley, Jr., Melvin, Clyde | Director | Jun 1988 (38y) | Less than 5% | |
| Flowers Smith, Felicia, Odette | Director | Jun 1988 (38y) | Less than 5% | |
| Mcgaugh, Raymond, Scott | Director | Jun 1988 (38y) | 5% – 10% | |
| Kallish, Michael, Allen | Director | Jan 1991 (36y) | 10% – 25% | |
| Murray, Thomas, Berrigan | Chief Operating Officer, Chief Compliance Officer | Aug 2001 (25y) | Less than 5% | |
| Silverman, Dana, Leaman | Director | May 2003 (23y) | Less than 5% | |
| Eley Iii, Melvin, Clyde | Treasurer | Mar 2021 (5y) | Less than 5% | |
| Atwell, Christopher, William | Director | May 2023 (3y) | Less than 5% |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/13/2026 | 1.01 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- BNY Mellon $345M (24% of AUM) Mar 2026
- Principal Financial $342M (24% of AUM) Mar 2026
- Truist Financial Corp $200M (12% of AUM) Mar 2025
- State Street $195M (14% of AUM) Mar 2026
- Us Bancorp $177M (10% of AUM) Mar 2023
- Northern Trust $169M (12% of AUM) Mar 2026
- Wells Fargo $156M (10% of AUM) Mar 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 13, 2026.
View current Form ADV (SEC/IAPD) ↗