Leavell Investment Management, Inc. is a large advisory firm based in Mobile. It manages $1.61 billion of regulatory assets for 1,528 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 6 other states.
Leavell Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and education to participants of consulting and advised retirement plans. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Leavell Investment Management, Inc. is $1.61 billion. The firm's AUM has grown by 86% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Leavell Investment Management, Inc. for their services and products based on a percentage of assets under management and fixed 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Andrew A Saunders is high net worth individuals with 250 clients and $753.09 million of assets under management. Among the 9 most similar advisory firms, Leavell Investment Management has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.48 billion for 1,500 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.
Leavell Investment Management doesn't advise any private funds.
The company employs 25 people that are either part- or full-time employees. 72 percent of the employees work as investment advisers or researchers. 18 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.
Andrew A Saunders has been acting as President since 1 Apr 2006. William Kelly Nicrosi joined the executive team most recently as the Vice President / Shareholder.
The principal office where Leavell Investment Management, Inc. performs its advisory services is located at 210 Saint Joseph Street, Mobile, AL 36602 The mailing address of the firm is 210 Saint Joseph Street, Mobile, AL 36602. An additional office of the firm is in Birmingham, AL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 251-433-3709 or by fax 251-433-3723. The normal business hours are 8:30 - 4:30 on Monday - Friday. You can find more information about the New York firm at leavellinvestments.com.