Eastover Investment Advisors, LLC is a large advisory firm based in Charlotte. It manages $180.21 million of regulatory assets for 464 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Indiana, North Carolina, South Carolina, and Texas.
Eastover Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Eastover Investment Advisors, LLC is $180.21 million. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Eastover Investment Advisors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Eastover Investment Advisors is high net worth individuals with 120 clients and $153.31 million of assets under management. Among the 7 most similar advisory firms, Eastover Investment Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $159.55 million for 143 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Eastover Investment Advisors doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Eastover Investment Advisors, LLC is owned by Yancey Williams Mackey. Charles Wesley Roberts joined the executive team most recently as the Member.
The principal office where Eastover Investment Advisors, LLC performs its advisory services is located at 509 Fenton Place, Charlotte, NC 28207, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 704-336-6818 or by fax 704-336-6824. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at eastoverwealth.com.