14. Hughes Capital Management Inc.

Founded by Frankie Hughes in 1993, Hughes Capital Management Inc. is Virginia’s largest minority- and woman-owned fixed-income investment firm. The company’s six-member staff possesses over 75 years combined experience in the asset management industry.

Since 1999, Hughes has grown the company from $650 million assets under management to more than $1 billion in assets under management.

More than 30% of the assets Hughes Capital manages are with clients in the corporate sector. The remaining clientele is broken down into public, insurance, foundation, endowment, and Taft-Hartley organizations.