Banc Of America Advisors, LLC (Charlotte)

Banc Of America Advisors, LLC is a large advisory firm based in Charlotte. It manages $152.77 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of North Carolina.

Banc Of America Advisors provides portfolio management for investment companies and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Banc Of America Advisors: assets under management

The assets under management (AUM) of Banc Of America Advisors, LLC is $152.77 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $152.77 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.75 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Banc Of America Advisors, 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.

Careers at Banc Of America Advisors, LLC

Robert Harry Gordon has been acting as President since 1 Feb 1998. Mary Anne Mullin joined the executive team most recently as the Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
N.A. Bank Of America	Shareholder	1 Aug 1995	75% - 100%	56-0927416
Edward Joseph Stark	Secretary	1 Mar 1996	Other	1475541
Edward David Bedard	Coo/manager/finop	1 Jan 1997	Other	2269354
Robert Harry Gordon	President/manager	1 Feb 1998	Other	2141479
Michael Stephen Podracky	Treasurer	1 May 1998	Other	1813888
Arthur Anthony Fritz	Compliance officer/director of compliance	1 Jan 1999	Other	1077718
Robert Walter Decker	Svp/manager	1 Jan 2000	Other	4140117
Michael Edward Kenneally	Manager	1 Jan 2000	Other	4140099
Jacquelyn L. Dezort	Manager	1 May 2001	Other	xxx-xx-xxxx
Peter David Taube	Treasurer	1 Mar 2002	Other	2307746
Mary Anne Mullin	Compliance officer	1 Aug 2002	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bank Of America Corporation	Shareholder	1 Aug 1995	75% - 100%	56-0906609
Nb Holdings Corporation	Shareholder	1 Aug 1995	75% - 100%	57-1857749

Based in Charlotte

The principal office where Banc Of America Advisors, LLC performs its advisory services is located at 101 S. Tryon St., Charlotte, NC 28255, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 704-386-0495 or by fax 704-388-2187. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday.