Banc Of America Advisors, LLC (Charlotte)


Banc Of America Advisors, LLC is a large advisory firm based in Charlotte. It manages $152.77 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of North Carolina.

Banc Of America Advisors provides portfolio management for investment companies and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Banc Of America Advisors: assets under management

The assets under management (AUM) of Banc Of America Advisors, LLC is $152.77 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $152.77 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.75 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Banc Of America 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.

Careers at Banc Of America Advisors, LLC

Robert Harry Gordon has been acting as President since 1 Feb 1998. Mary Anne Mullin joined the executive team most recently as the Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
N.A. Bank Of America Shareholder 1 Aug 1995 75% - 100% 56-0927416
Edward Joseph Stark Secretary 1 Mar 1996 Other 1475541
Edward David Bedard Coo/manager/finop 1 Jan 1997 Other 2269354
Robert Harry Gordon President/manager 1 Feb 1998 Other 2141479
Michael Stephen Podracky Treasurer 1 May 1998 Other 1813888
Arthur Anthony Fritz Compliance officer/director of compliance 1 Jan 1999 Other 1077718
Robert Walter Decker Svp/manager 1 Jan 2000 Other 4140117
Michael Edward Kenneally Manager 1 Jan 2000 Other 4140099
Jacquelyn L. Dezort Manager 1 May 2001 Other xxx-xx-xxxx
Peter David Taube Treasurer 1 Mar 2002 Other 2307746
Mary Anne Mullin Compliance officer 1 Aug 2002 Other xxx-xx-xxxx

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bank Of America Corporation Shareholder 1 Aug 1995 75% - 100% 56-0906609
Nb Holdings Corporation Shareholder 1 Aug 1995 75% - 100% 57-1857749

Based in Charlotte

The principal office where Banc Of America Advisors, LLC performs its advisory services is located at 101 S. Tryon St., Charlotte, NC 28255, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 704-386-0495 or by fax 704-388-2187. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday.