Saltmarsh Financial Advisors, L.L.C. (Pensacola)


Saltmarsh Financial Advisors, L.L.C. is a large advisory firm based in Pensacola. It manages $150.37 million of regulatory assets for 316 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, Louisiana, and Texas.

Saltmarsh Financial Advisors, L.L.C 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.

Saltmarsh Financial Advisors, L.L.C: assets under management

The assets under management (AUM) of Saltmarsh Financial Advisors, L.L.C. is $150.37 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 262% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $150.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $475.86 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 92% 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 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Saltmarsh Financial Advisors, L.L.C. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Saltmarsh Financial Advisors, L.L.C serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Saltmarsh Financial Advisors, L.L.C is high net worth individuals with 49 clients and $99.65 million of assets under management. Among the 9 most similar advisory firms, Saltmarsh Financial Advisors, L.L.C has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $150.37 million for 150 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.

Saltmarsh Financial Advisors, L.L.C doesn't advise any private funds.

Careers at Saltmarsh Financial Advisors, L.L.C.

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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.

Saltmarsh Financial Advisors, L.L.C. is owned by Stogniew Stogniew. Kristen Joelle Stogniew joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Gregg Noble Member 1 Jul 2004 Other 3070354
Ronald Edward Jackson Member 1 Jul 2004 Other 4449252
William David Massey Member 1 Jul 2004 Other 4831834
Charles Frederick Gund Member 1 Jul 2004 Other 4449279
Theodore Gerard Gund Member 1 Jul 2004 Other 4449282
Harold Lurton Major Member 1 Jul 2004 Other 3099904
James Harold Speed Member 1 Jul 2004 Other 3223336
Thomas Michael Adkins Member 1 Jul 2004 Other 4449259
Nathan Ollie Botts Member 1 Jul 2004 Other 4449261
Benjamin Lee Bell Member 1 Jan 2005 Other 4905259
Johnny David Lister Member 1 Jan 2005 Other 4905263
George Mayhew Peaden Chief compliance officer 1 Jan 2005 Other 4926238
Johnny David Blister Member 1 Jan 2005 Other 4905263
Benjamin L. Bell Member 1 Jan 2005 Other 4905259
J. David Blister Member 1 Jan 2005 Other 4905263
Glenn Adam Scharf Member 1 Jan 2006 Other 5377782
Barry E Dickson Member 1 Jan 2006 Other 6063295
Kristen Joelle Stogniew Member 1 Jan 2016 Other 6774953
Stogniew Stogniew Owner/investor 1 Jan 2016 Other 6774953

Based in Pensacola

The principal office where Saltmarsh Financial Advisors, L.L.C. performs its advisory services is located at 900 N. 12 Th Avenue, Pensacola, FL 32501 The mailing address of the firm is P.O. Drawer 13207, Pensacola, FL 32591 3207. An additional office of the firm is in Tampa, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 850-435-8300 or by fax 850-435-8352. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at saltmarshfa.com.