Anderson Growth Partners, LLC (Birmingham)

Name: Anderson Growth Partners, LLC
Address: 2 Metroplex Drive, Birmingham, AL, 35209
Telephone: 205-909-0950

Anderson Growth Partners, LLC is a large advisory firm based in Birmingham. It manages $405.23 million of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama and South Carolina.

Anderson Growth Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and manager of funds of funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Anderson Growth Partners: assets under management

The assets under management (AUM) of Anderson Growth Partners, LLC is $405.23 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 167% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $405.23 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.28 million each.

Anderson Growth Partners has custody of $405.23 million in cash and securities for 33 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Anderson Growth Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. 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.

What kind of clients Anderson Growth Partners serves?

The only and largest group of clients of Anderson Growth Partners is pooled investment vehicles with 33 clients and $405.23 million of assets under management. Among the 10 most similar advisory firms, Anderson Growth Partners has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $405.23 million for 33 clients. None of the firm’s clients are foreign persons or businesses.

Anderson Growth Partners also advises several private funds. Namely, thirteen hedge funds, two liquidity funds, five other private funds, and thirteen private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000.

Careers at Anderson Growth Partners, LLC

The company employs 10 people that are either part- or full-time employees. 50 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 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
Clyde Barbour Anderson	Managing member	1 Jan 1997	75% - 100%	5075259
Sandra L Cochran	Managing member	1 Jan 1997	Other	2009373
Cody Nix Wilson	Chief compliance officer	1 Nov 2005	Other	4474329
Richard Stanley Wallington	Chief compliance officer	1 Mar 2008	Other	5519307
Katie Bee Marshall	Managing director	1 Sep 2009	Other	6047073
Adam Shea Hamill	Managing director	1 Sep 2017	Other	6932868

Based in Birmingham

The principal office where Anderson Growth Partners, LLC performs its advisory services is located at 2 Metroplex Drive, Birmingham, AL 35209, which is also the mailing address of the firm. An additional office of the firm is in Charleston, SC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205-909-0950 or by fax 205-942-2740. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at andersongrowthpartners.com.