Gambit Securities, Inc. (Charleston)

Gambit Securities, Inc. is a related adviser based in Charleston. It manages $42.11 million of regulatory assets for 96 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Florida, Louisiana, and 4 other states.

Gambit Securities provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gambit Securities: assets under management

The assets under management (AUM) of Gambit Securities, Inc. is $42.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $42.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $438.65 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Gambit Securities, 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 Gambit Securities serves?

The only and largest group of clients of Gambit Securities is high net worth individuals with 71 clients and $42.11 million of assets under management. Among the 1 most similar advisory firms, Gambit Securities has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $42.11 million for 71 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.

Gambit Securities doesn't advise any private funds.

Careers at Gambit Securities, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Mathew Shane Emmert	Ceo/chief compliance officer	1 Apr 2009	75% - 100%	2738898

Based in Charleston

The principal office where Gambit Securities, Inc. performs its advisory services is located at 701 E. Bay Street, Charleston, SC 29403, 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 (843) 416-8557 or by fax (866) 964-2624. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.