V.M. Manning & Co., Inc.

V. M. Manning & Co., Inc. provides discretionary portfolio management primarily to individual clients, trusts, and foundations, managing separate accounts for roughly 75 clients and about $133 million in assets. The firm delivers traditional money-management services through a small advisory team and generally manages client assets in-house rather than outsourcing to outside managers.

The firm describes a core equity investment approach focused on U.S. common stocks (with occasional foreign holdings), bonds and money market funds, combining fundamental and technical analysis to pursue growth-at-a-reasonable-price opportunities. Portfolios are managed from model allocations with limited customization, a low turnover profile (about 20% annually), and with discretionary trading authority to buy and sell securities on clients’ behalf.

Notably, the brochure indicates the firm may employ borrowing and derivatives within separately managed accounts, a practice that is uncommon among similarly sized supported firms. Additional distinguishing features include a long operating history (founded 1916), a recent transition to SEC registration, the termination of prior broker‑dealer operations, use of proprietary research, and documented trade aggregation and personal-trading oversight under its Code of Ethics.