The WARREN AVERETT ASSET MANAGEMENT is a privately held investment adviser that advises $29.78Bn in regulatory assets under management held in 4 SEC fund types across 6 investment strategies. WARREN AVERETT ASSET MANAGEMENT is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 787.94% over the last 5-years.
The Group has been registered with the SEC for 24.68 years and is comprised of 1 filing and 0 relying advisers. They operate out of 26 office locations with their Headquarters at 600 UNIVERSITY PARK PLACE SUITE 501, BIRMINGHAM, ALABAMA. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 414 employees comprised of 197 investment and 217 non-investment staff. The total number of Employees increased by 711.76% over the last 5-years.
Their $29.78Bn in assets advised are owned by 27 private funds, 1 public fund and BDCs and 738 other accounts. Assets of High Net Worth Individuals clients own $17.41Bn or 58.45% of Total Assets and Pension and Profit Sharing Plans-Private own $4.85Bn or 16.3% of Total Assets.
The Group's top investment strategies include Traditional LBO, Fund of Funds and Multi Strat, representing 68.17%, 14.12% and 6.7% of total assets, respectively.
They advise 10 types of clients, top clients are High Net Worth Individuals and Pension and Profit Sharing Plans-Private.
The Group uses 6 Fund Administrators, 7 Fund Auditors, 0 Prime Brokers, 6 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 1 private funds with $20.76mn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
WARREN AVERETT ASSET MANAGEMENT names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.