Enclave Advisors, LLC (Austin)

Name: Enclave Advisors, LLC
Address: 3600 N. Capital Of Texas Hwy., Austin, TX, 78746
Telephone: 512-527-3105

Enclave Advisors, LLC is a large advisory firm based in Austin. It manages $600 million of regulatory assets for 42 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Georgia, Mississippi, and Texas.

Enclave Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Enclave Advisors: assets under management

The assets under management (AUM) of Enclave Advisors, LLC is $600 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 167% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $600 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $14.29 million each.

Investments

The firm invests in investment and business development companies the most. They account for 68% of the total AUM. The second-largest asset type is state and local bonds, which make up 20% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Enclave 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.

What kind of clients Enclave Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Enclave Advisors is high net worth individuals with 27 clients and $436.5 million of assets under management. Among the 4 most similar advisory firms, Enclave Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $600 million for 41 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.

Enclave Advisors doesn't advise any private funds.

Careers at Enclave Advisors, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.

Enclave Advisors, LLC is owned by Matthew Damon Garrett. Jonathan Craig Falls joined the executive team most recently as the Managing Member/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Craig Falls	Managing member/chief compliance officer	1 Aug 2012	75% - 100%	4230850
Matthew Damon Garrett	Owner	1 Aug 2016	Other	2433245

Based in Austin

The principal office where Enclave Advisors, LLC performs its advisory services is located at 3600 N. Capital Of Texas Hwy., Austin, TX 78746, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-527-3105 or by fax 512-527-3108. The normal business hours are 8:30am -4:30pm on Monday - Friday. You can find more information about the New York firm at enclaveadvisors.com.