Seminole Advisory Services, LLC (Clearwater)

Seminole Advisory Services provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Seminole Advisory Services: assets under management

The assets under management (AUM) of Seminole Advisory Services, LLC is $322.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $322.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $107.63 million each.

Seminole Advisory Services has custody of $29.49 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Seminole Advisory Services, 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 Seminole Advisory Services serves?

The only and largest group of clients of Seminole Advisory Services is pooled investment vehicles with 3 clients and $322.88 million of assets under management. Among the 9 most similar advisory firms, Seminole Advisory Services has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $322.88 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Seminole Advisory Services also advises several private funds. Namely, three real estate funds.

Careers at Seminole Advisory Services, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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

Indirect Owners

The SEC currently registers 11 indirect owners.

Based in Clearwater

The principal office where Seminole Advisory Services, LLC performs its advisory services is located at 516 Lakeview Road, Clearwater, FL 33756, which is also the mailing address of the firm. An additional office of the firm is in Belleair Bluffs, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 727-331-8440 or by fax 727-331-8465. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at seminolefinancialservices.com.

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