Aura Asset Management, Inc. (Birmingham)


Aura Asset Management, Inc. is a large advisory firm based in Birmingham. It manages $25.86 million of regulatory assets for 401 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 27 other states.

Aura Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Aura Asset Management: assets under management

The assets under management (AUM) of Aura Asset Management, Inc. is $25.86 million. The firm's AUM has grown by 85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $20.02 million in discretionary accounts and $5.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $67.41 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $56.1 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aura Asset Management, Inc. 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.

Careers at Aura Asset Management, Inc.

Timothy Michael Gautney has been acting as President since 1 Oct 2003. Jean Tate Newman joined the executive team most recently as the Secretary/Treasurer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Timothy Michael Gautney President 1 Oct 2003 Other 2552149
Laura Gautney Black Secretary 1 Oct 2003 Other 3082061
Burton Arthur Linthicum Cco 1 Oct 2003 Other 717744
Kurt Erik Weselius Coo, treasurer 1 Oct 2003 Other 4252915
Inc. Aura Holdings Owner 1 Oct 2003 75% - 100% 02-0572520
Robert Percy Hager Cco 1 Mar 2005 Other 3225742
Christopher S Bryant Treasurer 1 May 2005 Other 4967700
Brenda Kay Garner Cco 1 Aug 2005 Other 2479597
Stacey Howell Cupps Secretary/treasurer 1 Aug 2006 Other 5201290
Stacey Howell Stone Secretary/treasurer 1 Aug 2006 Other 5201290
Jean Tate Newman Secretary/treasurer 1 Jan 2008 Other 2471798
Timothy Michael Gautney President / chief compliance officer 1 Apr 2010 Other 2552149

Based in Birmingham

The principal office where Aura Asset Management, Inc. performs its advisory services is located at 181 West Valley Avenue, Birmingham, AL 35209, which is also the mailing address of the firm. An additional office of the firm is in Wakefield, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205-795-2555 or by fax 205-795-2548. The normal business hours are 8:00 a.m. to 5:00 p.m. (central) on Monday - Friday.