Localshares, Inc. Legal Name; Localshares Business Name (Nashville)


Localshares, Inc. Legal Name; Localshares Business Name is an investment adviser to an investment company based in Nashville. It manages $11.43 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Tennessee.

Localshares, Inc. Legal Name; Localshares Business Name provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Localshares, Inc. Legal Name; Localshares Business Name: assets under management

The assets under management (AUM) of Localshares, Inc. Legal Name; Localshares Business Name is $11.43 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 91% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.43 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.43 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Localshares, Inc. Legal Name; Localshares Business Name 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.

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Michael David Shmerling Managing member 1 May 2012 25% - 50% 6198967
William Shannon Decker Sole member of dwp i, llc; elected manager of localshares, llc 1 May 2012 75% - 100% 2243114
Cameron Ashley Newton Sole member of tullahoma investments, llc; elected manager of localshares, llc 1 May 2012 25% - 50% 4295275
Elizabeth Seigenthaler Courtney Elected manager (ceo) 1 May 2012 Other 6198965
James Cornelius Phillips Elected manager 1 May 2012 Other 2024485
Llc Dwp I Member 1 May 2012 25% - 50% 45-5352334
Llc Tullahoma Investments Member 1 May 2012 25% - 50% 27-1373104
Alexander Paul Bass Member 1 May 2012 25% - 50% 6453309
Dan Joseph Marcum Member 1 May 2012 25% - 50% 6453318
Iii Eldon Bracton Thoma Member 1 May 2012 25% - 50% 4884158
Michael D Shmerling Board member, shareholder 1 May 2012 Other 6198967

Based in Nashville

The principal office where Localshares, Inc. Legal Name; Localshares Business Name performs its advisory services is located at 618 Church Street, Nashville, TN 37219, 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 615-327-4776 or by fax 615-327-8039. The normal business hours are 8:30 - 5:00 on Other. You can find more information about the New York firm at localshares.com.