Stokes Capital Advisors, LLC (Greenwood)

Name: Stokes Capital Advisors, LLC
Address: 101 Venture Court, Greenwood, SC, 29649
Telephone: 864-450-9051

Stokes Capital Advisors, LLC is a large advisory firm based in Greenwood. It manages $205.31 million of regulatory assets for 253 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida and South Carolina.

Stokes Capital Advisors provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Stokes Capital Advisors: assets under management

The assets under management (AUM) of Stokes Capital Advisors, LLC is $205.31 million. The firm's AUM has grown by 580% since the beginning of its operation, and $16.43 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $197.27 million in discretionary accounts and $8.03 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $801.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.15 million.

Stokes Capital Advisors has custody of $102.13 million in cash and securities for 123 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Stokes Capital Advisors, LLC for their services and products based on a percentage of assets under management. 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 Stokes Capital Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Stokes Capital Advisors is high net worth individuals with 65 clients and $130.97 million of assets under management. Among the 10 most similar advisory firms, Stokes Capital Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $193.72 million for 260 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.

Stokes Capital Advisors doesn't advise any private funds.

Careers at Stokes Capital Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Taylor Tenison Stokes	Managing member and chief compliance officer	1 Oct 2015	75% - 100%	2673426

Based in Greenwood

The principal office where Stokes Capital Advisors, LLC performs its advisory services is located at 101 Venture Court, Greenwood, SC 29649 The mailing address of the firm is P.O. Box 50569, Greenwood, SC 29649. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 864-450-9051. The normal business hours are 8:00 am-5:00pm on Monday - Friday. You can find more information about the New York firm at stokescapitaladvisors.com.