MAGNATE ADVISORY SERVICES, LLC
Adviser information for MAGNATE ADVISORY SERVICES, LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Kentucky, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 6 |
| Registered State Investment Advisers | 7 |
| Licensed Agents of an Insurance Company | 6 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2,069 | $200.6M |
| Non-Discretionary | 6 | $9.3M |
| Total | 2,075 | $209.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,159 | $140.1M |
| HNW Individuals | 40 | $62.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $7.0M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1201 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesEducational seminars/workshopsFINANCIAL CONSULTING NOT RESULTING IN A FINANCIAL PLAN |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-118616 |
|---|---|
| SEC ERA File Number | 801-118616 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 283056 |
| Legal Entity Identifier | None |
Principal Office
400 BLANKENBAKER PARKWAYSUITE 100
LOUISVILLE
KY
United States
Monday - Friday, BY APPOINTMENT
Tel: (502) 855-3160, Fax: (502)855-3156
Chief Compliance Officer
JAMES C. NICHOLSON, JR.
MANAGING PARTNER
400 BLANKENBAKER PARKWAY
SUITE 100
LOUISVILLE
KY
United States
Tel:
(502) 855-3160
Fax:
N/A
C**************@****************M
(Full email address available in API data)
Regulatory Contact
BRENT A. GORTER
SENIOR PARTNER
400 BLANKENBAKER PARKWAY
SUITE 100
LOUISVILLE
KY
United States
Tel:
5028553160
Fax:
N/A
B******@****************M
(Full email address available in API data)
Industry Affiliates
| CAPITAL WEALTH MANAGEMENT | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| GORTER, BRENT, ALLEN | Individual | – | SENIOR PARTNER | 02/2016 | 50-75% |
| NICHOLSON, JAMES, CURRY | Individual | – | MANAGING PARTNER/CHIEF COMPLIANCE OFFICER | 02/2016 | 50-75% |