Saos Capital, LLC (Mount Pleasant)

Name: Saos Capital, LLC
Address: 109 Simmons Street, Mount Pleasant, SC, 29464
Telephone: 843-388-9925

Saos Capital, LLC is a multi-state adviser based in Mount Pleasant. It manages $83.69 million of regulatory assets for 1,241 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Arizona, California, and 13 other states.

Saos Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Saos Capital: assets under management

The assets under management (AUM) of Saos Capital, LLC is $83.69 million. The firm's AUM has grown by 117% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $71.46 million in discretionary accounts and $12.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $65.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $86.08 thousand.

Saos Capital has custody of $71.46 million in cash and securities for 412 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 57% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio. Investments in investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Saos Capital, 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 Saos Capital serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Saos Capital is individuals with 398 clients and $52.38 million of assets under management. Among the 3 most similar advisory firms, Saos Capital has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $83.69 million for 426 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.

Saos Capital doesn't advise any private funds.

Careers at Saos Capital, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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 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
William Randolph Avant	Managing member	1 Nov 2011	75% - 100%	4517403
Samuel Wayne Gamble	Chief compliance officer, member	1 Nov 2011	Other	5295335

Based in Mount Pleasant

The principal office where Saos Capital, LLC performs its advisory services is located at 109 Simmons Street, Mount Pleasant, SC 29464, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 843-388-9925 or by fax 843-388-9954. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at saoscapital.com.