First Mercantile Capital Management Inc (Cordova)

First Mercantile Capital Management Inc is a large advisory firm based in Cordova. It manages $1.61 billion of regulatory assets for 177 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 11 other states.

First Mercantile Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

First Mercantile Capital Management: assets under management

The assets under management (AUM) of First Mercantile Capital Management Inc is $1.61 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 645500% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.61 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.12 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First Mercantile Capital Management 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.

Careers at First Mercantile Capital Management Inc

David Charles Lenoir has been acting as President since 1 Jan 1991. Thomas Lyle Williams has served as the Chief Investment Officer since 1 Mar 2003 and Kenneth Bryan Lenoir is the Chief Executive Officer of First Mercantile Capital Management Inc family office. Carla Jane Reynolds joined the executive team most recently as the Secretary/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bryan Scot Lenoir	Director	1 Nov 1990	Other	4359185
David Charles Lenoir	President/director	1 Jan 1991	Other	2517774
National Commerce Bancorporation	Sole shareholder	1 Jul 2000	75% - 100%	62-0784645
Lewis Elbert Holland	Director	1 Jul 2000	Other	1221440
Kenneth Bryan Lenior	Director	1 Jul 2000	Other	1616541
Ronald W. Hodges	Director	1 Jul 2000	Other	4361286
Tommy R. Thompson	Director	1 Jul 2000	Other	4361291
Michael Cobe Shermer	Director	1 Jul 2000	Other	4361300
National Commerce Financial Corporation	Sole shareholder	1 Jul 2000	75% - 100%	62-0784645
David T. Popwell	Director	1 Jul 2000	Other	4348329
Kenneth Bryan Lenoir	Director/chief executive officer	1 Jul 2000	Other	1616541
Clyde Douglas Kelso	Executive vice president	1 May 2002	Other	2430343
Clyde Douglas Kelso	Executive vice president	1 Oct 2002	Other	2430343
Thomas Lyle Williams	Chief investment officer	1 Mar 2003	Other	4641870
Carla Jane Reynolds	Secretary/chief compliance officer	1 Mar 2003	Other	4641874

Based in Cordova

The principal office where First Mercantile Capital Management Inc performs its advisory services is located at 57 Germantown Court, Suite 400, Cordova, TN 38018 1510, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.