Additive Advisory And Capital, LLC (Memphis)

Additive Advisory And Capital, LLC is a large advisory firm based in Memphis. It manages $188.77 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of New York, Pennsylvania, and Tennessee.

Additive Advisory And Capital provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and provide non-discretionary investment advice and analysis to certain 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.

Additive Advisory And Capital: assets under management

The assets under management (AUM) of Additive Advisory And Capital, LLC is $188.77 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 47% since the beginning of its operation, and $181.83 million of the total AUM is attributable to clients outside of the United States.

The firm manages $188.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $37.75 million each.

Additive Advisory And Capital has custody of $181.83 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in derivatives the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Additive Advisory And Capital, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Additive Advisory And Capital serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Additive Advisory And Capital is pooled investment vehicles with 3 clients and $181.83 million of assets under management. Among the 10 most similar advisory firms, Additive Advisory And Capital has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $188.77 million for 5 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 40% of the firm’s clients are foreign persons or businesses.

Additive Advisory And Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Additive Advisory And Capital, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey David Engelberg	Managing member	1 May 2016	25% - 50%	2371947
Steven R Moses	Chief compliance officer	1 May 2016	25% - 50%	1545266
Steven Robert Moses	Managing member	1 May 2016	25% - 50%	1545266
Southeastern Asset Management Inc.	Shareholder	1 May 2016	Other	105276
Eugene Marcus Gard	Managing member	1 Sep 2016	Other	5519143
Jenny Ostrow Herman	Chief compliance officer	1 Mar 2018	Other	7086654

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Otis Mason Hawkins	Chairman-ceo/shareholder/director	1 Sep 1975	50% - 75%	2316628
George Staley Cates	President/shareholder/director	1 Aug 1987	25% - 50%	1532338

Based in Memphis

The principal office where Additive Advisory And Capital, LLC performs its advisory services is located at 6075 Poplar Ave, Memphis, TN 38119, which is also the mailing address of the firm. An additional office of the firm is in Rye Brook, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 901- 498- 6653. The normal business hours are 8 am - 5 pm on Monday - Friday.