Hedge Fund Database

MAINSAIL ASSET MANAGEMENT, LLC

Adviser information for MAINSAIL ASSET MANAGEMENT, LLC last updated from Form ADV on March 29th, 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 Alabama, United States

Employees

Total Number of Employees 6
Investment Advisory/Research 3
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 3
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 630 $343.9M
Non-Discretionary 0 $0
Total 630 $343.9M

Clients

Type Number RAUM
Individuals 25 $9.8M
HNW Individuals 78 $204.2M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 4 $119.1M
Pension and profit sharing plans <5 $5.7M
Charitable organizations 12 $3.7M
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 9 $1.4M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 26-50

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)CONSULTING SERVICES
Compensation % of AUMFixed fees

Identifiers

SEC RIA File Number 801-67485
SEC ERA File Number 801-67485
SEC CIK Numbers 2016972
SEC CRD Numbers 128373
Legal Entity Identifier None

Principal Office

2229 1ST AVE. S.
SUITE 225
BIRMINGHAM
AL
United States
Monday - Friday, 8:00 A.M.-5:00 P.M.
Tel: 205-536-7776, Fax: 866-542-0388

Websites

investprudently.com/ www.facebook.com/investprudently www.twitter.com/mainsail_asset www.instagram.com/investprudently www.anchor.fm/invest-prudently www.youtube.com/channel/ucntcbifqlrhjh58qi0g8guq

Chief Compliance Officer

WILLIAM HARVEY PARSONS JR
MANAGING MEMBER
2229 1ST AVE. S.
SUITE 225
BIRMINGHAM
AL
United States
Tel: 205-536-7776
Fax: 866-542-0388
(Full email address available in API data)

Regulatory Contact

KELLY RINALDI
OFFICE MANAGER
2229 1ST AVE. S.
SUITE 225
BIRMINGHAM
AL
United States
Tel: 205-536-7776
Fax: 866-542-0388
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
FIRST AVENUE BRIDGE EQUITY, LLC PRIVATE DEBT FUND $53.3M $0.1M 83
FIRST AVENUE FUNDING, LLC ACCOUNTS RECEIVABLE FACTORING $60.4M $0.1M 101
FIRST AVENUE INFRASTRUCTURE II, LLC REAL ESTATE $3.1M $0.1M 11
FIRST AVENUE INFRASTRUCTURE, LLC Private Equity Fund $0.0M $0.1M 0
FIRST AVENUE PRIVATE PARTNERS, LLC Private Equity Fund $3.5M $0.1M 12

Control Persons

Name Type Entity Title Since Ownership
PARSONS, WILLIAM, HARVEY Individual – CHIEF COMPLIANCE OFFICER / MANAGING MEMBER 08/2003 > 75%
Brignac, Andrew, Hagan Individual – MEMBER 01/2023 10-25%

No. Employees, Historic

105020192020202120222023202420253 on 10/29/20193 on 3/25/20203 on 6/26/20203 on 9/21/20204 on 2/22/20214 on 2/23/20214 on 11/29/20214 on 3/29/20224 on 4/5/20224 on 11/2/20226 on 3/25/20236 on 3/27/20236 on 10/16/20236 on 3/29/2024

RAUM, Historic

400M200M02019202020212022202320242025140504606 on 10/29/2019170141523 on 3/25/2020170141523 on 6/26/2020170141523 on 9/21/2020227236643 on 2/22/2021227236643 on 2/23/2021227236643 on 11/29/2021220927438 on 3/29/2022220927438 on 4/5/2022220927438 on 11/2/2022280164554 on 3/25/2023280164554 on 3/27/2023280164554 on 10/16/2023343935777 on 3/29/2024

No. Clients, Historic

20010002019202020212022202320242025113 on 10/29/201994 on 3/25/202094 on 6/26/202094 on 9/21/2020125 on 2/22/2021125 on 2/23/2021125 on 11/29/2021132 on 3/29/2022132 on 4/5/2022132 on 11/2/2022169 on 3/25/2023169 on 3/27/2023169 on 10/16/2023128 on 3/29/2024

Holdings

From latest 13F, filed August 8th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ALPHABET INC CAP STK CL C 1M 6K –
ALPS ETF TR ALERIAN MLP 726K 15K –
AMAZON COM INC COM 2M 8K –
APPLE INC COM 4M 20K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 555K 1K –
CHEVRON CORP NEW COM 293K 2K –
CINTAS CORP COM 19M 27K –
COEUR MNG INC COM NEW 379K 68K –
CONAGRA BRANDS INC COM 611K 21K –
DUKE ENERGY CORP NEW COM NEW 228K 2K –
FIRST TR EXCHANGE-TRADED FD FT VEST S&P 500 251K 5K –
ISHARES SILVER TR ISHARES 399K 15K –
ISHARES TR AGGRES ALLOC ETF 835K 11K –
ISHARES TR TRS FLT RT BD 526K 10K –
ISHARES TR IBONDS 25 TRM HG 265K 11K –
ISHARES TR CORE S&P MCP ETF 234K 4K –
JOHNSON & JOHNSON COM 281K 2K –
JPMORGAN CHASE & CO. COM 282K 1K –
LAMB WESTON HLDGS INC COM 301K 4K –
MEDICAL PPTYS TRUST INC COM 60K 14K –
MICROSOFT CORP COM 2M 6K –
NETFLIX INC COM 847K 1K –
NVIDIA CORPORATION COM 790K 6K –
ORACLE CORP COM 466K 3K –
OREILLY AUTOMOTIVE INC COM 378K 358 –
PALANTIR TECHNOLOGIES INC CL A 322K 13K –
REGIONS FINANCIAL CORP NEW COM 210K 10K –
SELECT SECTOR SPDR TR INDL 487K 4K –
SELECT SECTOR SPDR TR SBI MATERIALS 397K 5K –
SOUTHERN CO COM 592K 8K –
SOUTHSTATE CORPORATION COM 259K 3K –
SPDR SER TR PRTFLO S&P500 GW 202K 3K –
TESLA INC COM 665K 3K –
UNITEDHEALTH GROUP INC COM 280K 550 –
VANECK ETF TRUST GOLD MINERS ETF 509K 15K –
VANGUARD BD INDEX FDS VANGUARD ULTRA 821K 17K –
VANGUARD BD INDEX FDS SHORT TRM BOND 537K 7K –
VANGUARD BD INDEX FDS TOTAL BND MRKT 206K 3K –
VANGUARD INDEX FDS GROWTH ETF 31M 83K –
VANGUARD INDEX FDS VALUE ETF 29M 179K –
VANGUARD INDEX FDS SM CP VAL ETF 5M 26K –
VANGUARD INDEX FDS SML CP GRW ETF 3M 14K –
VANGUARD INDEX FDS TOTAL STK MKT 3M 11K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 4M 19K –
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 266K 5K –
VANGUARD WHITEHALL FDS HIGH DIV YLD 3M 26K –
VANGUARD WHITEHALL FDS INTL HIGH ETF 231K 3K –
VANGUARD WORLD FD INF TECH ETF 3M 5K –
VANGUARD WORLD FD MEGA CAP VAL ETF 663K 6K –
VANGUARD WORLD FD CONSUM DIS ETF 637K 2K –
VANGUARD WORLD FD FINANCIALS ETF 503K 5K –
VANGUARD WORLD FD HEALTH CAR ETF 482K 2K –
VANGUARD WORLD FD CONSUM STP ETF 343K 2K –
VERTEX PHARMACEUTICALS INC COM 211K 450 –
VISA INC COM CL A 466K 2K –