First American National Investment Advisors, LLC (Atlanta)

First American National Investment Advisors, LLC is a large advisory firm based in Atlanta. It manages $146.34 million of regulatory assets for 1,689 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 32 other states.

First American National Investment Advisors provides portfolio management for individuals and small businesses, selection of other advisers, and retirement planning consultations. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

First American National Investment Advisors: assets under management

The assets under management (AUM) of First American National Investment Advisors, LLC is $146.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 388% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $146.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.64 thousand each.

Investments

The firm invests in other assets the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay First American National Investment 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.

What kind of clients First American National Investment Advisors serves?

The only and largest group of clients of First American National Investment Advisors is individuals with 1,218 clients and $146.34 million of assets under management. Among the 11 most similar advisory firms, First American National Investment Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $146.34 million for 1,218 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.

First American National Investment Advisors doesn't advise any private funds.

Careers at First American National Investment Advisors, LLC

The company employs 98 people that are either part- or full-time employees. 96 percent of the employees work as investment advisers or researchers. 95 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Davis Van Sant	Managing member	1 Nov 2012	75% - 100%	857065

Based in Atlanta

The principal office where First American National Investment Advisors, LLC performs its advisory services is located at 715 Peachtree Street, Ne, Atlanta, GA 30308, which is also the mailing address of the firm. An additional office of the firm is in Bloomingdale, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-855-326-7427. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.