Frank G. Jolley, CFA

President & Chief Investment Officer

Mr. Jolley has been employed in the fields of investments and financial analysis since 1979. Prior to forming Jolley Asset Management, LLC, he served as Chief Investment Officer of the Trust Investment Department of Centura Bank, where he had direct oversight responsibility for approximately $1.2 billion in assets including 6 mutual funds with assets of approximately $500 million. Mr. Jolley personally managed 2 equity mutual funds with over $250 million in assets. Mr. Jolley graduated from the University of North Carolina at Chapel Hill with a B.S. in Business Administration. He earned the Chartered Financial Analyst designation in 1994 and is a member of the CFA Institute. He is also an active member of the North Carolina Society of Financial Analysts, where he served as the Secretary and a Board Member from 1996 through 1998. Currently Mr. Jolley serves on the Salvation Army Advisory Board of Rocky Mount and serves as a board member for Community Hospice Foundation.

William H. Collier, IV

Principal & Senior Portfolio Manager

Mr. Collier has been employed in the securities industry since 1983 when he began his career with Merrill Lynch. After working at several regional brokerage firms over the next 13 years, he formed Pitkin Partners, LP; a long/short hedge fund in 1996 as General Partner until the closing of the fund in 2008. In 2000, he joined Central Carolina Bank as Vice President in the Trust and Investment Management division. There he managed individual and institutional accounts with assets in excess of $200 million. In 2002, he began co-managing the CCB Equity Fund (later renamed the CCMI Equity Fund) which had assets of approximately $125 million. In 2007, he joined Investors Trust Company as a Principal, Senior Vice President and Senior Portfolio Manager. There he managed individual and institutional accounts in excess of $250 million and was responsible for managing the Blue-Chip Dividend Strategy and the Large Cap Cor Strategy. Most recently he was employed by First Tennessee Bank as Vice President in the investment area. Mr. Collier graduated from the University of North Carolina at Chapel Hill with a B.S. in Business Administration. He is an active member in the Church of the Good Shepherd, Ducks Unlimited and the Wild Turkey Federation.

Terry W. Sapp, CFA

Vice President- Portfolio Manager & Controller

Mrs. Sapp has been in the investment and operations fields since 1985. Prior to joining Jolley Asset Management, LLC in 2004, she served as Portfolio Manager-Trust Investments and Operations Manager for the Raleigh, NC office of Voyageur Asset Management Inc. - a subsidiary of RBC Financial Group. Prior to Voyageur, she held the same position with the Trust Division of RBC Centura, also a subsidiary of RBC Financial Group. She graduated from East Carolina University in 1985 with a B.S. in Business Administration. In 1990, Mrs. Sapp attended the Southeastern Trust School at Campbell University. In 1994, she earned the designation of Certified Public Accountant and in 2003 earned the designation of Chartered Financial Analyst. Mrs. Sapp is a member of the CFA Institute and a member of the North Carolina Society of Financial Analysts. She is also a member of the North Carolina Association of Certified Public Accountants and the American Institute of CPAs.

Jan P. Robillard

Vice President- Client Services

Mrs. Robillard has been in the financial and client services business since 2003. Prior to joining Jolley Asset Management in December, 2015, she worked for Fidelity Investments from 2006 through 2015. During her career at Fidelity, she acquired her Series 6, 63 and 26. While at Fidelity, Mrs. Robillard spent 6 years as a Service Delivery Manager where she managed a 401(k) and non-qualified team for senior executives. She led a team of 15-20 employees to provide exemplary customer service in a fast-paced environment. She also created a leadership program for upcoming leaders which is now used across Fidelity's regional locations. Prior to leaving Fidelity, she worked in Public Affairs and Government Relations. Mrs. Robillard graduated from North Carolina Wesleyan in 2004 with a B.S in Business Administration and graduated Magna cum Laude. She had several internships while taking on a full course load which included McLane Company and PNC Bank. She is an active member at Lakeside Baptist Church in Rocky Mount.

Stephen F. Bishop, Jr.

Portfolio Manager/Research Analyst

Mr. Bishop has been employed in the investment and operations industry since 2008. Prior to joining Jolley Asset Management, LLC, he worked as an investment analyst with a single-family investment office in Richmond, Virginia. At the family office, Mr. Bishop performed due diligence on new global investment opportunities in private equity, hedge funds, and equities. Prior to the family office, he spent five years working in financial reporting at The Nottingham Company in Rocky Mount, North Carolina. He and his wife, Caroline recently moved back to Rocky Mount from Richmond, VA. Stephen is a Rocky Mount native and graduated from North Carolina State University in 2006 with a B.S. in Business Administration.

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Photo of Tar River Falls by Gerry Brabham.  Photo of JAM team and Rocky Mount by Dr. Carl Lewis, professor at North Carolina Wesleyan College.

Disclosure Statement: This website,, is owned and operated by Jolley Asset Management, LLC. (“JAM”). JAM offers investment advisory services and is registered with the U.S. Securities and Exchange Commission (“SEC”). SEC registration does not constitute an endorsement of the advisory firm by the SEC nor does it indicate that the advisory firm has attained a particular level of skill or ability. All content available on this Website is general in nature, not directed or tailored to any particular person, and is for informational purposes only. Neither the Website nor any of its content is offered as investment advice and should not be deemed as investment advice or a recommendation to purchase or sell any specific security. The information contained herein reflects the opinions and projections of JAM as of the date hereof, which are subject to change without notice at any time. JAM does not represent that any opinion or projection will be realized. JAM nor any of its advisers, officers, directors, or affiliates represents that the information presented on this Website is accurate, current, or complete, and such information is subject to change without notice. Any performance information must be considered in conjunction with applicable disclosures. Past performance is not a guarantee of future results. Neither this Website nor its contents should be construed as legal, tax, or other advice. Individuals are urged to consult with their own tax or legal advisers before entering into any advisory contract.

More information about Jolley Asset Management's investment advisory services can be found in its Form ADV Part 2, which is available upon request. 

Jolley Asset Management, LLC claims compliance with the Global Investment Performance Standards. Jolley Asset Management, LLC is defined for GIPS purposes as an independent registered investment adviser with the Securities and Exchange Commission. A complete compliant performance presentation and a list of the firm’s composite descriptions can be obtained by calling our office at (252)451-1450.

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In addition, Jolley Asset Management, LLC may provide hyperlinks to other web sites on the World Wide Web for your convenience in locating investment-related or other information and services. No judgment or warranty is made with respect to the accuracy, timeliness, or suitability of the content of any third party web site to which Jolley Asset Management, LLC may link, including information on the web site regarding Jolley Asset Management, LLC. By providing access to other web sites, Jolley Asset Management, LLC is not recommending the purchase or sale of a security issued by any company, nor is it endorsing products or services provided by the sponsor of any third party web site.


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*This sample is provided for illustrative purposes only and is not necessarily indicative of the composition of a particular client's investment portfolio or the performance of that portfolio.  Each client's investment portfolio will vary as to its holdings and the performance of those holdings based upon the client’s particular investment goals and objectives. This is not a recommendation to buy or sell any security. A complete list of current holdings and all recommendations from the past 12 months are available upon request.