Chuck founded Akre Capital Management in 1989 after 21 years in the securities
business at NYSE member firm Johnston, Lemon & Co. At Johnston, Lemon & Co.,
he managed various parts of the business, including branch management,
research, and asset management. Beginning in June of 1993, Chuck operated the
firm under the umbrella of Friedman, Billings, Ramsey & Co. Taking the business
private again in 2000, he moved the firm to the rural village of Middleburg, Virginia.