Atlanta Consulting Group Advisors, LLC (Atlanta)

Name: Atlanta Consulting Group Advisors, LLC
Address: 309 East Paces Ferry, Atlanta, GA, 30305
Telephone: 888-317-2810

Atlanta Consulting Group Advisors, LLC is a large advisory firm based in Atlanta. It manages $11.12 billion of regulatory assets for 389 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 10 other states.

Atlanta Consulting Group Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Atlanta Consulting Group Advisors: assets under management

The assets under management (AUM) of Atlanta Consulting Group Advisors, LLC is $11.12 billion. The firm's AUM has gone down by -4% since the beginning of its operation, and $552.51 million of the total AUM is attributable to clients outside of the United States.

The firm manages $693.18 million in discretionary accounts and $10.43 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $57.77 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $27.66 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 69% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in government bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Atlanta Consulting Group Advisors, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Atlanta Consulting Group Advisors serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Atlanta Consulting Group Advisors is pension and profit sharing plans with 23 clients and $4.33 billion of assets under management. Among the 10 most similar advisory firms, Atlanta Consulting Group Advisors has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $11.12 billion for 281 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.

Atlanta Consulting Group Advisors doesn't advise any private funds.

Careers at Atlanta Consulting Group Advisors, LLC

The company employs 20 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 5 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 compensates 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
Roderick Eugene Hennek	Managing member	1 Oct 2017	25% - 50%	1026126
Edward Samuel Michelson	Managing member	1 Oct 2017	25% - 50%	1109096
Teresa Lorraine Sponseller	Chief compliance officer	1 Oct 2017	Other	1331842
Matthew Christian Bauder	Partner	1 Oct 2017	Other	3246194
Kurt Roderick Hennek	Partner	1 Oct 2017	Other	4664774
Michael Frank Malloy	Partner	1 Oct 2017	Other	1698047
Gary Ray Schafer	Partner	1 Oct 2017	Other	2580720

Based in Atlanta

The principal office where Atlanta Consulting Group Advisors, LLC performs its advisory services is located at 309 East Paces Ferry, Atlanta, GA 30305, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-317-2810 or by fax 470-823-3178. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at theatlantaconsultinggroup.com.