Sterne Agee Investment Advisors, Inc. (Birmingham)

Sterne Agee Investment Advisors, Inc. is a large advisory firm based in Birmingham. It manages $1.99 billion of regulatory assets for 7,800 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 41 other states.

Sterne Agee Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sterne Agee Investment Advisors: assets under management

The assets under management (AUM) of Sterne Agee Investment Advisors, Inc. is $1.99 billion. The firm's AUM has grown by 224% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.13 billion in discretionary accounts and $863.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $240.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $278.52 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sterne Agee Investment Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Sterne Agee Investment Advisors, Inc.

Christopher Lee Frankel has been acting as President since 1 Feb 2004. Harold Lowell Wainwright joined the executive team most recently as the Director.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Birmingham

The principal office where Sterne Agee Investment Advisors, Inc. performs its advisory services is located at 800 Shades Creek Parkway, Birmingham, AL 35209, which is also the mailing address of the firm. An additional office of the firm is in Little Rock, AR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205-380-1700 or by fax 205-949-3502. The normal business hours are 8:00am to 5:00pm cst on Monday - Friday. You can find more information about the New York firm at www.sterneagee.com.

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