Welch Hornsby & Welch, Inc (Montgomery)

Welch Hornsby & Welch, Inc is a large advisory firm based in Montgomery. It manages $1.39 billion of regulatory assets for 391 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Florida, Mississippi, and Texas.

Welch Hornsby & Welch provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Welch Hornsby & Welch: assets under management

The assets under management (AUM) of Welch Hornsby & Welch, Inc is $1.39 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.39 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.54 million each.

Welch Hornsby & Welch has custody of $49.57 million in cash and securities for 111 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Welch Hornsby & Welch, Inc for their services and products based on a percentage of assets under management and fixed fees. 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.

Careers at Welch Hornsby & Welch, Inc

John Steven Hornsby joined the executive team most recently as the Chairman, Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Virgil Welch	Chairman, director	1 Jan 1988	50% - 75%	2511612
John Steven Hornsby	Ceo, vice chairman, director	1 Jan 1988	25% - 50%	1219490
(Jr) Edward Virgil Welch	President, director	1 Jan 1988	25% - 50%	1290275
Edward Virgil Jr. Welch	President, director	1 Jan 1988	50% - 75%	1290275
Jesse Harvey Clark	Cfo, coo, cco	1 Jan 1996	Other	2715332
John Steven Hornsby	Chairman, director	1 Jan 2010	25% - 50%	1219490
Edward Virgil Jr. Welch	Chief executive officer/president, director	1 Jan 2010	25% - 50%	1290275
Edward Virgil Jr. Welch	Chief executive officer/president, director & chief compliance officer	1 Jan 2012	25% - 50%	1290275

Based in Montgomery

The principal office where Welch Hornsby & Welch, Inc performs its advisory services is located at One Commerce Street, Suite 800, Montgomery, AL 36104 The mailing address of the firm is P.O. Box 4959, Montgomery, AL 36103. An additional office of the firm is in Birmingham, AL. It doesn’t run an office outside of the United States.