Fourthstone LLC (St. Louis)

Name: Fourthstone LLC
Address: 13476 Clayton Road, St. Louis, MO, 63131
Telephone: (800) 771-8071

Fourthstone LLC is a large advisory firm based in St. Louis. It manages $175.45 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Missouri.

Fourthstone provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fourthstone: assets under management

The assets under management (AUM) of Fourthstone LLC is $175.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $71.99 million of the total AUM is attributable to clients outside of the United States.

The firm manages $175.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $58.48 million each.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fourthstone LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Amy Morris Stone serves?

The only and largest group of clients of Amy Morris Stone is pooled investment vehicles with 2 clients and $169.81 million of assets under management. Among the 10 most similar advisory firms, Fourthstone has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $169.81 million for 2 clients. 33% of the firm’s clients are foreign persons or businesses.

Fourthstone also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Fourthstone LLC

The company employs 7 people that are either part- or full-time employees. 43 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 2 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.

Amy Morris Stone has been acting as President since 1 Mar 2015. Robin Stanley Anderson joined the executive team most recently as the Chief Financial Officer, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Louis Phillip Stone	Managing member	1 Sep 2013	75% - 100%	6248710
Amy Morris Stone	President	1 Mar 2015	Other	6478490
Robin Stanley Anderson	Chief financial officer, chief compliance officer	1 Feb 2017	Other	6762063

Based in St. Louis

The principal office where Fourthstone LLC performs its advisory services is located at 13476 Clayton Road, St. Louis, MO 63131, 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 (800) 771-8071. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/3197924.