Orleans Capital Management Corp (Mandeville)

Name: Orleans Capital Management Corp
Address: 830 West Causeway Approach, Mandeville, LA, 70471
Telephone: 504-592-4680

Orleans Capital Management Corp is a large advisory firm based in Mandeville. It manages $1.44 billion of regulatory assets for 225 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 6 other states.

Orleans Capital Management Corp provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Orleans Capital Management Corp: assets under management

The assets under management (AUM) of Orleans Capital Management Corp is $1.44 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.44 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.41 million each.

Investments

The firm invests in government bonds the most. They account for 42% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 36% of the firm’s portfolio. Investments in exchange traded securities form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Orleans Capital Management Corp for their services and products based on a percentage of assets under management and fixed 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 Orleans Capital Management Corp serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Orleans Capital Management Corp is state or municipal government entities with 25 clients and $925.51 million of assets under management. Among the 7 most similar advisory firms, Orleans Capital Management Corp has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.44 billion for 225 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.

Orleans Capital Management Corp doesn't advise any private funds.

Careers at Orleans Capital Management Corp

The company employs 11 people that are either part- or full-time employees. 64 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Louis Farrell Crane	President & chairman, direct owner-common & director	1 Jul 1991	25% - 50%	1571248
Rodney John Abele	Vice president & director	1 Nov 1991	Other	1459569
Rodney (Jr.) John Abele	Vice president, direct owner-common, & director	1 Nov 1991	Other	xxx-xx-xxxx
Joseph (Iii) Taylor Casper	Vice president, direct owner-common, & director	1 Nov 1991	Other	xxx-xx-xxxx
Janet Waldherr Rabalais	Vice president, direct owner-common & director	1 Nov 1991	Other	xxx-xx-xxxx
Robert Lawrence Rust	Vice president, direct owner-common & director	1 Nov 1991	Other	xxx-xx-xxxx
Janet Waldherr Tallerine	Vice president, direct owner-common & director	1 Nov 1991	Other	xxx-xx-xxxx
John (Iii) Hurter Gordon	Vice president, direct owner-pfd, & director	1 Feb 1994	50% - 75%	xxx-xx-xxxx
John Hurter Gordon	Vice president, direct owner-common, & preferred, director	1 Feb 1994	25% - 50%	1944485
Deborah Broadwell Gordon	Direct owner-preferred	1 Aug 1997	25% - 50%	xxx-xx-xxxx
Jr. Louis Farrell Crane	Vice president, direct owner, director	1 Sep 2004	Other	5065736
Emily Crane Becker	Vice president, direct owner, director	1 Sep 2004	Other	2440584
Emily Crane	Vice president & direct owner	1 Sep 2004	Other	2440584
William Howard Wolf	Member of board of directors & owner	1 Oct 2008	Other	1921325
Abele Family Trust	Direct owner, common	1 Feb 2009	25% - 50%	xxx-xx-xxxx
Linda Legett Abele	Direct owner	1 Feb 2009	Other	5653498
Iii The Estate Of John Hurter Gordon	Direct owner, common	1 Dec 2010	25% - 50%	xxx-xx-xxxx
Sandra Lynn Lai	Chief compliance officer	1 Mar 2014	Other	6318217
Judith F. (The Estate Of Louis Farrell Crane) Crane	Direct owner, common	1 Aug 2017	50% - 75%	xxx-xx-xxxx
The Estate Of Louis Farrell Crane	Direct owner, common	1 Aug 2017	25% - 50%	xxx-xx-xxxx

Based in Mandeville

The principal office where Orleans Capital Management Corp performs its advisory services is located at 830 West Causeway Approach, Mandeville, LA 70471 The mailing address of the firm is P.O. Box 1750, Mandeville, LA 70470. An additional office of the firm is in Metairie, LA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 504-592-4680 or by fax 504-592-4689. The normal business hours are 8:00am to 4:30pm on Monday - Friday. You can find more information about the New York firm at orleanscapital.com.