Reliance Securities, LLC (Atlanta)

Name: Reliance Securities, LLC
Address: 1100 Abernathy Rd, 500 Northpark, Atlanta, GA, 30328
Telephone: 678-748-4583

Reliance Securities, LLC is a large advisory firm based in Atlanta. It manages $44.98 million of regulatory assets for 253 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 23 other states.

Reliance Securities provides financial planning services, portfolio management for individuals and small businesses, 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.

Reliance Securities: assets under management

The assets under management (AUM) of Reliance Securities, LLC is $44.98 million. The firm's AUM has grown by 80% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $32.8 million in discretionary accounts and $12.18 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $170.84 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $199.63 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Reliance Securities, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Reliance Securities, LLC

Richard Dennis Thayer has been acting as President since 1 Mar 2005. Ronald Wayne Lankford joined the executive team most recently as the Chief Compliance Officer, Finop, President And Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Reliance Financial Corporation	100% owner	1 Jun 2001	75% - 100%	58-2622147
Michael Joseph Flinn	Chief financial officer-finop	1 Dec 2003	Other	1361343
Anthony Alan Guthrie	Director	1 Dec 2003	Other	2614043
Richard Dennis Thayer	Chairman	1 Mar 2005	Other	1517613
Theodore Irving Bowden	President, ceo, chief compliance officer	1 Mar 2005	Other	852534
Brennan Westervelt Moseley	Secretary	1 Apr 2007	Other	5203087
Amy Snelling Johnston	Finop	1 May 2007	Other	1724365
Ronald Wayne Lankford	Finop	1 Oct 2007	Other	1751588
Christopher Michael Teevan	Director	1 Nov 2008	Other	xxx-xx-xxxx
Richard Dennis Thayer	Director	1 Apr 2009	Other	1517613
Ronald Wayne Lankford	Chief compliance officer, finop, president and chairman	1 Apr 2009	Other	1751588
Inc. First Legacy Investors	90% managing member	1 Apr 2009	75% - 100%	26-4170047
Henry Everette Jr Walker	Director	1 Apr 2009	Other	2823447
Thaddeus W Cook	Secretary	1 Apr 2009	Other	5192252
Garry Lynn Wakefield	Director	1 Apr 2009	Other	2653223

Based in Atlanta

The principal office where Reliance Securities, LLC performs its advisory services is located at 1100 Abernathy Rd, 500 Northpark, Atlanta, GA 30328, which is also the mailing address of the firm. An additional office of the firm is in Blairsville, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 678-748-4583 or by fax 404-965-7317. The normal business hours are 8:00am to 5:00pm (est) on Monday - Friday. You can find more information about the New York firm at www.relico.com.