Aura Asset Management, Inc. (Birmingham)

Aura Asset Management, Inc. is a large advisory firm based in Birmingham. It manages $25.86 million of regulatory assets for 401 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 27 other states.

Aura Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Aura Asset Management: assets under management

The assets under management (AUM) of Aura Asset Management, Inc. is $25.86 million. The firm's AUM has grown by 85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $20.02 million in discretionary accounts and $5.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $67.41 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $56.1 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aura Asset Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Aura Asset Management, Inc.

Timothy Michael Gautney has been acting as President since 1 Oct 2003. Jean Tate Newman joined the executive team most recently as the Secretary/Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Michael Gautney	President	1 Oct 2003	Other	2552149
Laura Gautney Black	Secretary	1 Oct 2003	Other	3082061
Burton Arthur Linthicum	Cco	1 Oct 2003	Other	717744
Kurt Erik Weselius	Coo, treasurer	1 Oct 2003	Other	4252915
Inc. Aura Holdings	Owner	1 Oct 2003	75% - 100%	02-0572520
Robert Percy Hager	Cco	1 Mar 2005	Other	3225742
Christopher S Bryant	Treasurer	1 May 2005	Other	4967700
Brenda Kay Garner	Cco	1 Aug 2005	Other	2479597
Stacey Howell Cupps	Secretary/treasurer	1 Aug 2006	Other	5201290
Stacey Howell Stone	Secretary/treasurer	1 Aug 2006	Other	5201290
Jean Tate Newman	Secretary/treasurer	1 Jan 2008	Other	2471798
Timothy Michael Gautney	President / chief compliance officer	1 Apr 2010	Other	2552149

Based in Birmingham

The principal office where Aura Asset Management, Inc. performs its advisory services is located at 181 West Valley Avenue, Birmingham, AL 35209, which is also the mailing address of the firm. An additional office of the firm is in Wakefield, MA. It doesn’t run an office outside of the United States.