Stringer Asset Management, LLC is a large advisory firm based in Memphis. It manages $108.31 million of regulatory assets for 373 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arkansas, Florida, Illinois, and 8 other states.
Stringer Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.
The assets under management (AUM) of Stringer Asset Management, LLC is $108.31 million. The firm's AUM has grown by 104% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Stringer Asset Management, LLC 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.
The firm provides services to individuals and investment companies. The largest group of clients of Stringer Asset Management is individuals with 367 clients and $67.06 million of assets under management. Among the 9 most similar advisory firms, Stringer Asset Management has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $102.09 million for 369 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.
Stringer Asset Management doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 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 compensates 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 Stringer Asset Management, LLC performs its advisory services is located at 5050 Poplar Avenue, Memphis, TN 38157, 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 901-800-2956 or by fax 901-800-2976. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at stringeram.com.