Leavell Investment Management, Inc.

Leavell Investment Management provides discretionary investment management and related services to individuals, families, businesses, trusts, estates, pension and profit‑sharing plans, 401(k) plans, endowments and foundations, and two registered no‑load mutual funds. The firm also offers financial planning on an occasional basis and provides family‑office style bookkeeping and bill‑pay services for certain clients.

Leavell’s investment process is built on fundamental analysis and team‑based portfolio management, emphasizing asset allocation, broad diversification and risk control across equities, fixed income and alternative instruments. Portfolios may include individual stocks and bonds, mutual funds and ETFs as well as items such as master limited partnerships, options, ETNs, REITs, private placements and long/short funds, and the firm generally manages fixed income with a short‑to‑intermediate focus; Leavell does not invest clients directly in digital assets.

Compared with many peers, Leavell acts as manager and sponsor of the in‑house Government Street mutual funds and invests client assets in those funds when appropriate while not charging an additional asset‑based advisory fee on assets held in the Funds; employees also hold shares of the Funds and the prospectus permits in‑kind redemptions (the firm currently intends to reimburse related brokerage costs). The firm has a solicitor arrangement for retirement‑plan lead generation, occasionally serves in trustee or bill‑pay roles that can trigger custody and surprise‑audit requirements (with audit costs allocated to clients), and discloses that it generally does not engage in soft‑dollar arrangements or routinely aggregate trades.