Strathmore Capital Advisors, Inc. (Charlotte)


Strathmore Capital Advisors, Inc. is a large advisory firm based in Charlotte. It manages $213.47 million of regulatory assets for 661 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of District of Columbia, North Carolina, Texas, and Virginia.

Strathmore Capital Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Strathmore Capital Advisors: assets under management

The assets under management (AUM) of Strathmore Capital Advisors, Inc. is $213.47 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 686% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $213.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $322.96 thousand each.
Strathmore Capital Advisors has custody of $8.83 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Strathmore Capital Advisors, Inc. 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 John Charles Kernodle serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of John Charles Kernodle is high net worth individuals with 97 clients and $179.26 million of assets under management. Among the 7 most similar advisory firms, Strathmore Capital Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $213.47 million for 203 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Strathmore Capital Advisors doesn't advise any private funds.

Careers at Strathmore Capital Advisors, Inc.

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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


Name Entity Date acquired Ownership Employer ID
John Charles Kernodle President/chief compliance officer 1 Feb 2005 75% - 100% 2465438

Based in Charlotte

The principal office where Strathmore Capital Advisors, Inc. performs its advisory services is located at 2201 South Blvd., Charlotte, NC 28203, which is also the mailing address of the firm. An additional office of the firm is in Burlington, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704-364-4241 or by fax 1-866-904-1774. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at strathmorecapadv.com.