Adkins Seale Capital Management LLC (Shreveport)

Name: Adkins Seale Capital Management LLC
Address: 333 Texas Street, Suite 2235, Shreveport, LA, 71101
Telephone: 318-703-3641

Adkins Seale Capital Management LLC is a large advisory firm based in Shreveport. It manages $253.73 million of regulatory assets for 350 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Louisiana and Texas.

Adkins Seale Capital Management provides financial planning services, 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.

Adkins Seale Capital Management: assets under management

The assets under management (AUM) of Adkins Seale Capital Management LLC is $253.73 million. The firm's AUM has grown by 44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $237.65 million in discretionary accounts and $16.09 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $786.91 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $335.13 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in government bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Adkins Seale Capital Management LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

What kind of clients Adkins Seale Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Adkins Seale Capital Management is high net worth individuals with 52 clients and $197.02 million of assets under management. Among the 9 most similar advisory firms, Adkins Seale Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $229.71 million for 129 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.

Adkins Seale Capital Management doesn't advise any private funds.

Careers at Adkins Seale Capital Management LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Richard Seale	Co-managing member	1 Apr 2013	25% - 50%	873018
Philip Michael Adkins	Chief compliance officer / co-managing member	1 Apr 2013	25% - 50%	1507407
Jay Kyle Binderim	Member	1 Sep 2017	Other	6849067

Based in Shreveport

The principal office where Adkins Seale Capital Management LLC performs its advisory services is located at 333 Texas Street, Suite 2235, Shreveport, LA 71101, 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 318-703-3641 or by fax 318-703-3897. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at ascm-llc.com.