Narwhal Capital Management

CRD#135958
Investment Advisor Firm

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Learn more about Narwhal Capital Management

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Narwhal Capital Management operates as a financial advisor company based in Marietta, Georgia. It oversees $1.3 billion in total assets across 618 customer accounts, making it one of the largest financial advisory firms in the United States by assets under management (AUM). It has a small team, including 10 financial advisors. Narwhal Capital Management does not act as a registered broker-dealer, signifying that the firm is not able to buy and sell securities for its own accounts as well as its customers' and instead must go through a broker-dealer company to do so. Securities are exchangable financial investments such as options, bonds and equities.

    Narwhal Capital Management administers 596 of the firm's client assets in a discretionary manner. Discretionary management is a structure in which an investment advisor makes buy and sell judgments for the client's account without requiring the customer's authorization. It also administers 22 non-discretionary accounts with a total of $151.8 million in assets. The investment advisory firm's typical account size is $2.1 million. The typical advisor at Narwhal Capital Management administers about 62 client accounts, placing it towards the middle in terms of personalization.

    Narwhal Capital Management's central office is at 531 Roselane Street, Marietta, Georgia 30060. The firm is legally registered to serve clients throughout 6 states, including Alabama, Florida, Georgia, North Carolina, Tennessee and Texas.

    Assets Under Management

    $1.3 billion

    Number of Advisors

    10

    Disclosures

    No

    Office Location

    531 Roselane Street
    Marietta, GA 30060

    Narwhal Capital Management by the Numbers

    Total Assets Under Management

    $1.3 billion

    National Average: $8.6 billion
    Total Number of Employees

    18

    National Average: 64
    Total Number of Accounts

    618

    National Average: 375,227
    Average Account Size

    $2.1 million

    National Average: $23.0 thousand
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    Products and Services

    Narwhal Capital Management offers a number of services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients and pension consulting services. In the last financial year, the firm provided financial planning services to 11-25 of its clients. It is involved in selling products or offering services apart from investment advisory services to its clients. Narwhal Capital Management also has a number of financial industry affiliations, including with an accountant or accounting firm.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

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    Fee Structure

    Financial management fees typically vary depending on the financial services provided. Fee types charged by the company likely consist of any combination of the following fee structures: asset-based or hourly. Narwhal Capital Management does not provide a wrap fee program, in which the firm offers a bundle of services for a comprehensive fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 21% of firms

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    Unavailable

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The firm does business with a number of different customers. Narwhal Capital Management provides services to retail investors, high net worth investors, pooled investment vehicles, charitable organizations and corporations. Out of its 618 accounts, Narwhal Capital Management's biggest client type is retail investors, though it also caters to 80 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's customers reside abroad.

    • High-Net-Worth Individuals* - 28.57%
    • Other Individuals - 65%
    • Corporations - 4.64%
    • Charitable Organizations - 1.79%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Narwhal Capital Management does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Narwhal Capital Management

    Luke Burton
    Marietta, GA
    Harrison Pettigrew
    Marietta, GA
    Melissa Visbal
    Marietta, GA
    Thomas Russell
    Marietta, GA
    Andrew Hall
    Marietta, GA
    Benjamin Nye
    Marietta, GA
    Samuel Frost
    Marietta, GA
    John Grayson
    Marietta, GA
    Matthew Burton
    Marietta, GA

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