Scott White Advisors, LLC (Fort Myers)

Name: Scott White Advisors, LLC
Address: 1510 Royal Palm Square Blvd, Fort Myers, FL, 33919 1068
Telephone: 239-936-6300

Scott White Advisors, LLC is a large advisory firm based in Fort Myers. It manages $105.66 million of regulatory assets for 229 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida, Indiana, Pennsylvania, and Texas.

Scott White Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Scott White Advisors: assets under management

The assets under management (AUM) of Scott White Advisors, LLC is $105.66 million. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $76.17 million in discretionary accounts and $29.48 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $485.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $409.47 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in other assets form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Scott White Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Scott White Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Scott White Advisors is high net worth individuals with 25 clients and $85.16 million of assets under management. Among the 9 most similar advisory firms, Scott White Advisors has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $105.66 million for 82 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.

Scott White Advisors doesn't advise any private funds.

Careers at Scott White Advisors, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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
Anthony Scott White	Member/chief compliance officer	1 Jan 2002	75% - 100%	1826584
Anthony Scott White	Managing member	1 Jan 2009	75% - 100%	xxx-xx-xxxx

Based in Fort Myers

The principal office where Scott White Advisors, LLC performs its advisory services is located at 1510 Royal Palm Square Blvd, Fort Myers, FL 33919 1068, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 239-936-6300 or by fax 239-936-0780. The normal business hours are 9a.m.-5p.m. on Monday - Friday. You can find more information about the New York firm at scottwhiteadvisors.com.