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.
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 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.
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.
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.
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.