50 South Capital Advisors, LLC is a large advisory firm based in Chicago. It manages $8.6 billion of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Illinois.
50 South Capital Advisors provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of 50 South Capital Advisors, LLC is $8.6 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 114% since the beginning of its operation, and $2 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay 50 South Capital Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies, pooled investment vehicles, banking or thrift institutions, and state or municipal government entities. The largest group of clients of 50 South Capital Advisors is pooled investment vehicles with 72 clients and $7.73 billion of assets under management. Among the 14 most similar advisory firms, 50 South Capital Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $8.6 billion for 76 clients. 24% of the firm’s clients are foreign persons or businesses.
50 South Capital Advisors also advises several private funds. Namely, thirteen hedge funds and fifty nine private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 33 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Robert Patrick Browne has served as the Chief Investment Officer since 1 Jan 2015 and Robert Paul Morgan is the Chief Executive Officer of 50 South Capital Advisors, LLC family office. Brian William Meikel joined the executive team most recently as the Chief Compliance Officer.
The principal office where 50 South Capital Advisors, LLC performs its advisory services is located at 50 S Lasalle Street, Chicago, IL 60603 1008, which is also the mailing address of the firm. An additional office of the firm is in New York, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-630-6000. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at 50southcapital.com.