Porter White Investment Advisors, Inc. is a large advisory firm based in Birmingham. It manages $474.44 million of regulatory assets for 263 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama and Texas.
Porter White Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. 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 Porter White Investment Advisors, Inc. is $474.44 million. The firm's AUM has grown by 160% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Porter White Investment Advisors, 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.
The firm provides services to individuals, 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 Porter White Investment Advisors is high net worth individuals with 60 clients and $265.7 million of assets under management. Among the 5 most similar advisory firms, Porter White Investment Advisors has the 2nd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $474.44 million for 103 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Porter White Investment Advisors doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 8 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.
The principal office where Porter White Investment Advisors, Inc. performs its advisory services is located at 15 Richard Arrington Jr., Blvd North, Birmingham, AL 35203 4103, 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 205-252-3681 or by fax 205-252-8803. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at pwco.com.