SEC Form ADV, by state
The largest investment adviser firms in Alabama
The current SEC Form ADV data lists 98 investment adviser firms headquartered in Alabama, of which 12 (12.2%) answered yes to at least one disciplinary or legal question on Form ADV Item 11. Below are the 50 largest by regulatory assets under management, a gross size measure each firm reports itself. Size is not a quality score, and no public record reports any firm's investment returns.
| Firm | City | Regulatory AUM | Fee methods | Item 11 disclosure |
|---|---|---|---|---|
| WAVERLY ADVISORS, LLC | BIRMINGHAM | $30B | % of AUMhourlyfixedperformance | none reported |
| HIGHLAND ASSOCIATES INC | BIRMINGHAM | $21B | % of AUMfixed | yes, reported |
| REGIONS INVESTMENT MANAGEMENT, INC. | BIRMINGHAM | $20B | % of AUM | yes, reported |
| APTUS CAPITAL ADVISORS, LLC | FAIRHOPE | $14B | % of AUMfixed | none reported |
| HARBERT FUND ADVISORS, LLC | BIRMINGHAM | $7.8B | % of AUMperformance | none reported |
| RFG ADVISORY, LLC | VESTAVIA HILLS | $6.8B | % of AUMhourlyfixed | none reported |
| VULCAN VALUE PARTNERS LLC | BIRMINGHAM | $6.1B | % of AUMperformanceother | yes, reported |
| RESOURCE MANAGEMENT SERVICE, LLC | BIRMINGHAM | $5.9B | % of AUMperformance | none reported |
| EVERSOURCE WEALTH ADVISORS, LLC | BIRMINGHAM | $5.1B | % of AUMhourlyfixed | none reported |
| STONEX ADVISORS INC. | BIRMINGHAM | $5.1B | % of AUMhourlyfixed | yes, reported |
| KEEL POINT, LLC | HUNTSVILLE | $4.1B | % of AUMhourlyfixedperformance | none reported |
| JOHNSON STERLING, INC. | BIRMINGHAM | $3.9B | % of AUMhourlyfixed | none reported |
| THE WELCH GROUP, LLC | BIRMINGHAM | $3.7B | % of AUMhourlyfixed | none reported |
| ONEASCENT FINANCIAL SERVICES LLC | BIRMINGHAM | $3.5B | % of AUMhourlyfixed | none reported |
| LEAVELL INVESTMENT MANAGEMENT, INC. | MOBILE | $3.4B | % of AUMfixed | none reported |
| ARLINGTON PARTNERS LLC | BIRMINGHAM | $2.3B | % of AUMperformance | none reported |
| JACKSON THORNTON WEALTH MANAGEMENT, LLC | MONTGOMERY | $2.0B | % of AUM | none reported |
| NBC SECURITIES, INC. | BIRMINGHAM | $1.8B | % of AUMhourlyfixed | yes, reported |
| SOUTHERN FINANCIAL GROUP, LLC | BIRMINGHAM | $1.1B | % of AUMhourlyfixed | none reported |
| MARBLE WEALTH, LLC | MONTGOMERY | $1.0B | % of AUMfixed | none reported |
| ANDERSON GROWTH PARTNERS, LLC | BIRMINGHAM | $1.0B | % of AUMfixedperformance | none reported |
| CAPSOUTH WEALTH MANAGEMENT | DOTHAN | $1.0B | % of AUMhourlyfixedother | none reported |
| ONEASCENT INVESTMENT SOLUTIONS, LLC | BIRMINGHAM | $987M | % of AUM | yes, reported |
| PARK PLACE CAPITAL CORPORATION | HOMEWOOD | $879M | % of AUMhourlyfixed | none reported |
| SMITH THORNTON ADVISORS, LLC | HUNTSVILLE | $852M | % of AUMhourlyfixed | none reported |
| OAKWORTH ASSET MANAGEMENT, LLC | BIRMINGHAM | $846M | % of AUMhourlyfixed | none reported |
| SUNBURST FINANCIAL GROUP, LLC | VESTAVIA HILLS | $808M | % of AUMhourlyfixed | none reported |
| MAYFAIR ADVISORY GROUP, LLC | BIRMINGHAM | $806M | % of AUMfixed | none reported |
| BHK INVESTMENT ADVISORS | BIRMINGHAM | $794M | % of AUMfixed | yes, reported |
| MELD FINANCIAL, INC. | BIRMINGHAM | $776M | % of AUMhourlyfixed | none reported |
| PORTER WHITE INVESTMENT ADVISORS, INC. | BIRMINGHAM | $748M | % of AUMhourlyfixed | none reported |
| BMSS WESSON WEALTH SOLUTIONS | BIRMINGHAM | $704M | % of AUMhourlyfixed | none reported |
| PARK LANE ADVISORS, LLC | BIRMINGHAM | $624M | % of AUMperformance | none reported |
| FAIRVOY PRIVATE WEALTH, LLC | BIRMINGHAM | $605M | % of AUM | none reported |
| MAINSAIL ASSET MANAGEMENT, LLC | BIRMINGHAM | $599M | % of AUMfixedperformance | none reported |
| TRUEWEALTH ADVISORS, LLC | HOOVER | $547M | % of AUMhourlyfixed | none reported |
| ONEASCENT FAMILY OFFICES | BIRMINGHAM | $544M | % of AUMhourlyfixed | none reported |
| BCR WEALTH STRATEGIES | VESTAVIA | $528M | % of AUMhourlyfixed | none reported |
| BONAVENTURE CAPITAL, LLC | BIRMINGHAM | $494M | % of AUMperformance | none reported |
| ONEASCENT WEALTH MANAGEMENT | BIRMINGHAM | $476M | % of AUMhourlyfixed | none reported |
| KASSOUF WEALTH ADVISORS, LLC | BIRMINGHAM | $471M | % of AUMhourlyfixed | none reported |
| BROWN FINANCIAL ADVISORY | FAIRHOPE | $468M | % of AUMhourlyfixed | none reported |
| AXIENT INVESTMENT ADVISORS LLC | HUNTSVILLE | $454M | % of AUMhourlyfixed | none reported |
| INVISTA ADVISORS | MONTGOMERY | $444M | % of AUMhourlyfixed | none reported |
| MONEY MANAGEMENT SERVICES INC | BIRMINGHAM | $443M | % of AUMhourlyfixed | none reported |
| STEADMONT ADVISORS, LLC | BIRMINGHAM | $431M | % of AUM | none reported |
| NAVIGATE WEALTH MANAGEMENT, LLC | BIRMINGHAM | $430M | % of AUMhourlyfixedother | none reported |
| HAYEK KALLEN INVESTMENT MANAGEMENT L.L.C. | FAIRHOPE | $424M | % of AUMhourlyfixed | none reported |
| JMF CAPSTONE WEALTH MANAGEMENT | TUSCALOOSA | $416M | % of AUM | none reported |
| CLOUD INVESTMENTS, LLC | HUNTSVILLE | $404M | % of AUMhourly | none reported |
Source: SEC Form ADV monthly data, firms reporting a Alabamaheadquarters address. Fee-method chips are the compensation arrangements each firm checked on Item 5.E; the disclosure column is the firm's own answer to Item 11. Click through to any firm for the full record and a link to its SEC detail page.
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