50 South Capital Advisors, LLC (Chicago)

Name: 50 South Capital Advisors, LLC
Address: 50 S Lasalle Street, Chicago, IL, 60603 1008
Telephone: 312-630-6000

50 South Capital Advisors, LLC is a large advisory firm based in Chicago. It manages $8.6 billion of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Illinois.

50 South Capital Advisors provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

50 South Capital Advisors: assets under management

The assets under management (AUM) of 50 South Capital Advisors, LLC is $8.6 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 114% since the beginning of its operation, and $2 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $8.6 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $116.25 million each.

50 South Capital Advisors has custody of $7.73 billion in cash and securities for 72 clients in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 50 South Capital Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 50 South Capital Advisors serves?

The firm provides services to investment companies, pooled investment vehicles, banking or thrift institutions, and state or municipal government entities. The largest group of clients of 50 South Capital Advisors is pooled investment vehicles with 72 clients and $7.73 billion of assets under management. Among the 14 most similar advisory firms, 50 South Capital Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.6 billion for 76 clients. 24% of the firm’s clients are foreign persons or businesses.

50 South Capital Advisors also advises several private funds. Namely, thirteen hedge funds and fifty nine private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at 50 South Capital Advisors, LLC

The company employs 33 people that are either part- or full-time employees. 85 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Robert Patrick Browne has served as the Chief Investment Officer since 1 Jan 2015 and Robert Paul Morgan is the Chief Executive Officer of 50 South Capital Advisors, LLC family office. Brian William Meikel joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Patrick Browne	Executive vice president/ chief investment officer/ director	1 Feb 2009	Other	2553397
Robert Patrick Browne	Chief investment officer/ elected manager	1 Jan 2015	Other	2553397
Robert Paul Morgan	Chief executive officer/elected manager	1 Jan 2015	Other	4368445
Robert Dino Dicarlo	Chief administrative officer/elected manager	1 Jan 2015	Other	2101573
Northern Trust Corporation	Sole member	1 Jan 2015	75% - 100%	36-2723087
Craig Richard Carberry	Chief legal officer	1 Jan 2015	Other	2075889
Anthony Philip Pecora	Senior vice president/chief compliance officer	1 Jan 2015	Other	2975013
Steven Patrick Farmer	Chief compliance officer	1 Feb 2015	Other	2410030
Stephen Niles Potter	Elected manager	1 Mar 2016	Other	2729902
Richard Edward Bartholomew	Managing member	1 Mar 2016	Other	5138530
Melinda Sue Mecca	Elected manager	1 Jan 2018	Other	5020869
Lizabeth Rose Boeckmann	Chief administrative officer	1 Jan 2019	Other	2538283
Jeffrey Ray Buth	Chief financial officer/elected manager	1 Mar 2019	Other	5481286
Brian William Meikel	Chief compliance officer	1 Jul 2019	Other	2577655

Based in Chicago

The principal office where 50 South Capital Advisors, LLC performs its advisory services is located at 50 S Lasalle Street, Chicago, IL 60603 1008, which is also the mailing address of the firm. An additional office of the firm is in New York, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-630-6000. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at 50southcapital.com.