South Georgia Capital, LLC (Naperville)


South Georgia Capital, LLC is a large advisory firm based in Naperville. It manages $120 million of regulatory assets for 285 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, Florida, Illinois, Tennessee, and Texas.

South Georgia Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

South Georgia Capital: assets under management

The assets under management (AUM) of South Georgia Capital, LLC is $120 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $421.04 thousand each.
South Georgia Capital has custody of $8.22 million in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay South Georgia Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients South Georgia Capital serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of South Georgia Capital is pooled investment vehicles with 3 clients and $65.1 million of assets under management. Among the 9 most similar advisory firms, South Georgia Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $119.99 million for 182 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.

South Georgia Capital also advises several private funds. Namely, two hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $250,000 to $500,000.

Careers at South Georgia Capital, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 2 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 doesn’t compensate 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
Bruce Waters Anderson Co-managing member 1 Feb 2009 50% - 75% 3232091
Michael Christopher Mcalister Co-managing member and chief compliance officer 1 Feb 2009 50% - 75% 4531504
Shelly Marie Sypien Chief compliance officer 1 Feb 2009 Other 2584747

Based in Naperville

The principal office where South Georgia Capital, LLC performs its advisory services is located at 2135 City Gate Lane, Naperville, IL 60563, which is also the mailing address of the firm. An additional office of the firm is in Scottsdale, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 630-784-2200 or by fax 630-784-2201. The normal business hours are 7:00 am-5:00pm on Monday - Friday. You can find more information about the New York firm at sgcim.com.