Aptus Capital Advisors, LLC (Fairhope)

Aptus Capital Advisors, LLC is a large advisory firm based in Fairhope. It manages $1.16 billion of regulatory assets for 2,213 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, California, Florida, and 11 other states.

Aptus Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Aptus Capital Advisors: assets under management

The assets under management (AUM) of Aptus Capital Advisors, LLC is $1.16 billion. The firm's AUM has grown by 6055% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.15 billion in discretionary accounts and $7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $528.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $233.35 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aptus Capital Advisors, LLC 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.

What kind of clients Aptus Capital Advisors serves?

The firm provides services to individuals, investment companies, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Aptus Capital Advisors is high net worth individuals with 229 clients and $468.36 million of assets under management. Among the 10 most similar advisory firms, Aptus Capital Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.16 billion for 1,520 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Aptus Capital Advisors doesn't advise any private funds.

Careers at Aptus Capital Advisors, LLC

The company employs 21 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 18 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John David Gardner	Managing member / chief compliance officer	1 Apr 2013	75% - 100%	5821010
John William Goldsberry	Member	1 Jun 2016	Other	6397987
Beckham David Wyrick	Chief compliance officer	1 Jan 2017	Other	6634175
Llc Aptus Holdings	Owner	1 Jan 2018	75% - 100%	82-4210695

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John David Gardner	Owner	1 Jan 2018	75% - 100%	5821010
Beckham David Wyrick	Member	1 Jan 2018	Other	6634175
John William Goldsberry	Member	1 Jan 2018	Other	6397987

Based in Fairhope

The principal office where Aptus Capital Advisors, LLC performs its advisory services is located at 8 1/2 S. Bancroft St., Fairhope, AL 36532, which is also the mailing address of the firm. An additional office of the firm is in Mobile, AL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 251-517-7198. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.