Southeastern Asset Management Inc

CRD#105276
Investment Advisor Firm

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Learn more about Southeastern Asset Management Inc

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

    • Overview

    Southeastern Asset Management Inc operates as a financial advisor firm based in Memphis, Tennessee. The firm controls $5.5 billion in assets over 49 customer accounts, making it one of the largest firms in the country by assets under management (AUM). It has a small team, including 12 financial advisors. Southeastern Asset Management Inc does not act as a registered broker-dealer, signifying that it is not able to buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer company to do so. Securities are exchangable financial investments like options, bonds and equities.

    Southeastern Asset Management Inc oversees all of the company's accounts in a discretionary manner. Discretionary management is a structure in which transaction judgments are made by an investment advisor without needing to seek the client's approval. The investment advisory firm's average account size is $111.8 million. An average financial advisor at Southeastern Asset Management Inc oversees around four client accounts, placing it among the most personalized advisor firms in the country.

    The company's headquarters is located at 6410 Poplar Ave., Ste. 900, Memphis, Tennessee 38119-4843. The firm is legally permitted to serve customers across a number of states, including Alabama, California, Connecticut, Florida, Georgia, Missouri, Nebraska, Tennessee, Texas and Wisconsin.

    Assets Under Management

    $5.5 billion

    Number of Advisors

    12

    Disclosures

    No

    Office Location

    6410 Poplar Ave., Ste. 900
    Memphis, TN 38119-4843

    Southeastern Asset Management Inc by the Numbers

    Total Assets Under Management

    $5.5 billion

    National Average: $8.6 billion
    Total Number of Employees

    37

    National Average: 64
    Total Number of Accounts

    49

    National Average: 375,227
    Average Account Size

    $111.8 million

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees largely depend on which service is provided. Fee types billed by the firm most likely consist of the following fee types: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by Southeastern Asset Management Inc.

    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 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.

    Unavailable

    • 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.

    • 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 works with a broad range of clients. Southeastern Asset Management Inc caters to retail investors, high net worth investors, investment companies, pooled investment vehicles, pension plans, charitable organizations, corporations and other. Out of its 49 customers, Southeastern Asset Management Inc's biggest client type is charitable organizations, though it also serves 12 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). Around 27% of the company's accounts are represented by people from outside of the U.S.

    • High-Net-Worth Individuals* - 24.49%
    • Other Individuals - 10.2%
    • Corporations - 40.82%
    • Charitable Organizations - 24.49%

    * 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

    Southeastern Asset Management Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Southeastern Asset Management Inc

    George Cates
    Memphis, TN
    Otis Hawkins
    Memphis, TN

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