Balentine LLC is a large advisory firm based in Atlanta. It manages $2.61 billion of regulatory assets for 1,736 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 8 other states.
Balentine provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Balentine LLC is $2.61 billion. The firm's AUM has grown by 2925% since the beginning of its operation, and $14.52 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Balentine LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Balentine is high net worth individuals with 199 clients and $1.78 billion of assets under management. Among the 9 most similar advisory firms, Balentine has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.2 billion for 258 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Balentine doesn't advise any private funds.
The company employs 34 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 don’t receive compensation from other entities for client referrals.
Bradley G Martin joined the executive team most recently as the Partner (Bp, Llc).
The principal office where Balentine LLC performs its advisory services is located at 3344 Peachtree Road Ne, Atlanta, GA 30326, which is also the mailing address of the firm. An additional office of the firm is in Raleigh, NC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (404) 537-4800 or by fax 404-537-4848. The normal business hours are mon - thurs 8:30am - 5:00pm; fri 8:30am - 4:00pm on Other. You can find more information about the New York firm at balentine.com.