Holcombe Financial, Inc. (Atlanta)

Name: Holcombe Financial, Inc.
Address: 4151 Ashford Dunwoody Road, Atlanta, GA, 30319
Telephone: 404-257-3317

Holcombe Financial, Inc. is a large advisory firm based in Atlanta. It manages $256.51 million of regulatory assets for 516 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arkansas, Florida, Georgia, and 3 other states.

Holcombe Financial provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Holcombe Financial: assets under management

The assets under management (AUM) of Holcombe Financial, Inc. is $256.51 million. The firm's AUM has grown by 107% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $234.84 million in discretionary accounts and $21.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $536.17 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $277.76 thousand.

Holcombe Financial has custody of $11.85 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 58% of the total AUM. The second-largest asset type is other assets, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Holcombe Financial, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Holcombe Financial 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 Holcombe Financial is high net worth individuals with 81 clients and $180.06 million of assets under management. Among the 11 most similar advisory firms, Holcombe Financial has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $256.51 million for 156 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.

Holcombe Financial also advises several private funds. Namely, one liquidity fund, one real estate fund, and one other private fund. The minimum investment commitment required of non-related persons ranges from $150,000 to $250,000.

Careers at Holcombe Financial, Inc.

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 3 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
Russell E Holcombe	President, chief compliance officer	1 Oct 2006	75% - 100%	4347040
Stacey Ann Dougherty	Chief compliance officer	1 Jul 2018	Other	1288039

Based in Atlanta

The principal office where Holcombe Financial, Inc. performs its advisory services is located at 4151 Ashford Dunwoody Road, Atlanta, GA 30319, which is also the mailing address of the firm. An additional office of the firm is in Fayetteville, AR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-257-3317 or by fax 404-257-9818. The normal business hours are 9:00 a.m. - 4:45 p.m. on Monday - Friday. You can find more information about the New York firm at holcombefinancial.com.