Home / Directory / United States / North Carolina / Piedmont Capital Management, LLC
Piedmont Capital Management, LLC
Multifamily office listing in Greensboro, North Carolina, United States.
- SEC-registered
- Regulatory AUM
- $496 million
- Employees
- 24
- Clients
- 11-25
- Published minimum
- $10 million
Piedmont Capital Management operates under the Piedmont Trust brand and says it has helped clients grow and manage wealth since 1928. It serves families through a multi-family-office model designed for relationships across generations.12
Overview
Piedmont says its mission is to build long-term, meaningful relationships through comprehensive service. The firm identifies excellence, integrity, and commitment as its core values.1
Piedmont Capital Management is an SEC-registered investment adviser offering discretionary wealth management, financial consulting, and financial advising.3
History
Piedmont says it has helped clients grow and manage wealth since 1928.1
Leadership
Jay Harris has served as President and Chief Executive Officer since 2024.2
Daniel Smith, CFA, CFP, is Chief Investment Officer. He oversees investment strategies and works with clients on their portfolios.2
Susan B. Gleason, MSFP, is Executive Vice President and Chief Client Officer. She provides comprehensive relationship management for multi-generational families and oversees the tax and compliance departments.2
Services
Piedmont’s family-office services include financial education, family meetings, consolidated reporting, tax planning and return preparation, financial projections, bill paying, and secure information sharing.4
The firm also provides investment planning, portfolio evaluation, transition planning, portfolio rebalancing, reporting, and ongoing client communications.4
Its family services coordinate professionals across accounting, law, financial planning, tax, investment strategy, estate work, and philanthropy.4
What the firm offers
- Investment management
- Financial planning
- Tax planning
- Philanthropy
- Family governance and education
- Administration and bill pay
Client Focus
Piedmont describes its model as a multi-family office serving families across generations. Its Form CRS identifies clients with at least $10 million in investable assets as its target client.2
Approach
Piedmont says its investment process is disciplined and time-tested, combining patience with opportunistic decisions when market conditions warrant.4
The firm reports that employees are compensated through management fees paid by advisory clients.2
Assets and Minimums
Piedmont’s Form CRS identifies a target client minimum of at least $10 million in investable assets. The firm states that advisory fees may be fixed or asset-based, with the asset-based fee capped at 75 basis points in its March 13, 2026 Form CRS.2
By the numbers
| Year | Regulatory AUM | Discretionary | Non-discretionary |
|---|---|---|---|
| 2017 | $110 million | $110 million | $0 |
| 2018 | $136 million | $136 million | $0 |
| 2019 | $148 million | $148 million | $0 |
| 2020 | $187 million | $187 million | $0 |
| 2021 | $260 million | $260 million | $0 |
| 2022 | $348 million | $348 million | $0 |
| 2023 | $350 million | $350 million | $0 |
| 2025 | $408 million | $408 million | $0 |
| 2026 | $496 million | $496 million | $0 |
| Year | Average AUM per client |
|---|---|
| 2018 | $3 million |
| 2019 | $2 million |
| 2020 | $3 million |
| 2021 | $4 million |
| 2022 | $4 million |
| 2023 | $4 million |
| 2025 | $4 million |
| 2026 | $5 million |
| Client type | Clients (2026) |
|---|---|
| Individuals | 31 |
| High net worth individuals | 57 |
| Pooled investment vehicles | 1 |
| Charities | 4 |
| Corporations | 3 |
| Year | Employees |
|---|---|
| 2017 | 4 |
| 2018 | 4 |
| 2019 | 4 |
| 2020 | 4 |
| 2021 | 4 |
| 2022 | 28 |
| 2023 | 25 |
| 2025 | 26 |
| 2026 | 24 |
Ranks #6 of 9 SEC-registered firms in NC on MultifamilyOffices.com by regulatory AUM.
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 155682. Ranking uses only firms profiled on MultifamilyOffices.com. As of .
FAQs
What type of firm is Piedmont Capital Management?
Piedmont Capital Management is an SEC-registered investment adviser that provides discretionary wealth management, financial consulting, and financial advising under the Piedmont Trust brand.13
What services does Piedmont provide to families?
Services include family meetings, financial education, consolidated reporting, tax planning, financial projections, bill paying, investment planning, portfolio evaluation, rebalancing, reporting, and coordination with outside professionals.4
Who is Piedmont’s target client?
Piedmont’s Form CRS says its target client has at least $10 million in investable assets.2
Related resources
- LocationMultifamily offices in North Carolina
This North Carolina directory helps families compare multi-family-office providers by services, location, and client focus. It gives a reader considering Piedmont Capital Management a broader view of firms that may offer investment management, planning, tax support, philanthropy, governance, education, or household administration.
- Network siteCapitalGainsTax.com
CapitalGainsTax.com explains how capital gains tax can affect investment decisions, business sales, and family wealth transfers. Its planning guides can help a prospective client prepare questions about tax planning alongside investment management, philanthropy, and multigenerational wealth goals.
- GuideMFO vs SFO vs virtual family office
This comparison outlines how multi-family offices differ from single-family offices and virtual family offices. A family or business owner can use it to think through privacy, staffing, cost, technology, and the level of shared administration that fits needs across generations.
- GuideData privacy and security with an MFO
This guide covers privacy and security questions families may raise when evaluating a multi-family office. It can help prospective clients ask how financial records, bill pay, tax information, family governance materials, and communication are protected and managed.
- Similar firmsEton Advisors
Colony Family Offices
Epic Capital Wealth Management [A]Profiles of Eton Advisors, Colony Family Offices, and Epic Capital Wealth Management offer additional points of comparison on this site. Reviewing their stated services and client focus can help a family or business owner organize questions about investment management, planning, philanthropy, governance, and administration.
Sources
- Piedmont Trust
- Piedmont Trust Team
- Piedmont Capital Management Form CRS
- Piedmont Trust Services for Your Family
This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.
Ask Richard
Have a question about multifamily offices, fees or how to compare firms? Richard C. Wilson has run Family Office Club since 2007 and answers reader questions directly.
Send a question Text or WhatsApp (808) 600-9260