Woodmont Advisory Group, Inc. (Brandon)

Woodmont Advisory Group, Inc. is a large advisory firm based in Brandon. It manages $178.64 million of regulatory assets for 376 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Florida, Louisiana, Mississippi, Tennessee, and Texas.

Woodmont Advisory Group 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.

Woodmont Advisory Group: assets under management

The assets under management (AUM) of Woodmont Advisory Group, Inc. is $178.64 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 423% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $178.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $475.11 thousand each.

Investments

The firm invests in cash and cash equivalents the most. They account for 48% of the total AUM. The second-largest asset type is exchange traded securities, which make up 45% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Woodmont Advisory Group, Inc. for their services and products based on a percentage of assets under management. 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 (Jr) Henry W Stephenson serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of (Jr) Henry W Stephenson is high net worth individuals with 12 clients and $156.91 million of assets under management. Among the 8 most similar advisory firms, Woodmont Advisory Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $178.64 million for 376 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.

Woodmont Advisory Group doesn't advise any private funds.

Careers at Woodmont Advisory Group, Inc.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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.

(Jr) Henry W Stephenson has been acting as President since 1 Mar 1991. Brandi Michelle Ryker joined the executive team most recently as the Vice President,Secretary, Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Henry Willingham Stephenson	President, chief compliance officer	1 Mar 1991	75% - 100%	2837435
(Jr) Henry W Stephenson	President	1 Mar 1991	75% - 100%	2837435
Donald Lee Mundie	Vice president	1 Jan 1994	Other	1623710
Carleton Billups	Secretart/treasurer	1 Jan 1997	Other	4403689
Brandi Michelle Ryker	Vice president,secretary, treasurer	1 Mar 2003	Other	4651241
Brandi Michelle Adcock	Vice president,secretary, treasurer	1 Mar 2003	Other	4651241

Based in Brandon

The principal office where Woodmont Advisory Group, Inc. performs its advisory services is located at 301 Boler Estates Drive, Brandon, MS 39042 The mailing address of the firm is Po Box 276, Brandon, MS 39043. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 601-724-1926 or by fax 601-724-1928. The normal business hours are 8:30 a.m. to 4:30 p.m. on Monday - Friday.