Advantage Capital

CRD#171365
Investment Advisor Firm

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Learn more about Advantage Capital

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

    • Overview

    Advantage Capital is located at 909 Poydras Street, New Orleans, LA. The firm employs 110 financial advisors to manage client portfolios and provide financial guidance. Advantage Capital is not a registered broker-dealer.

    Advantage Capital oversees $824.8 million in assets under management across 10 accounts, all of which are discretionary. The services offered include portfolio management for pooled investment vehicles. The firm caters to pooled investment vehicles, with this type being the largest client type by accounts. The fee structure at Advantage Capital includes performance-based and other fees. The firm maintains affiliations with a banking or thrift institution.

    Advantage Capital is registered in the states of Louisiana, Missouri, and Texas.

    Assets Under Management

    $824.8 million

    Number of Advisors

    110

    Disclosures

    No

    Office Location

    909 Poydras Street
    New Orleans, LA 70112-4003

    Advantage Capital by the Numbers

    Total Assets Under Management

    $824.8 million

    National Average: $8.6 billion
    Total Number of Employees

    180

    National Average: 64
    Total Number of Accounts

    10

    National Average: 375,227
    Average Account Size

    $82.5 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial management typically depend on which service is offered. Fees charged by Advantage Capital most likely consist of some combination of the following fee structures: performance-based or other.

    Available

    • Offered by 26% of firms

      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.

    • Offered by 10% of firms

      Other

      Show Explanation

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

    Unavailable

    • Find one of the 69% of firms that offer this fee type

      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.

    • Find one of the 21% of firms that offer this fee type

      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.

    • 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 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.

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    Types of Clients

    It works with pooled investment vehicles. Advantage Capital's biggest client type by number of accounts is pooled investment vehicles.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * 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

    Advantage Capital does not have any disclosures.

    Please visit its Form ADV for more details.

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    If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

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    Financial Advisors at Advantage Capital

    Jonathan Kofos
    Austin, TX
    Arjun Mohan
    Austin, TX
    Colin Nickells
    Austin, TX
    Joseph Lynch
    Austin, TX
    Erin Harvey
    Austin, TX
    Joshua Mitchell
    Austin, TX
    Adan Leal
    Austin, TX
    Brian Anderson
    Austin, TX
    Damon Rawie
    Austin, TX

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