Bellwether Investment Group, LLC (Chattanooga)


Bellwether Investment Group, LLC is a large advisory firm based in Chattanooga. It manages $96.24 million of regulatory assets for 599 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 5 other states.

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

Bellwether Investment Group: assets under management

The assets under management (AUM) of Bellwether Investment Group, LLC is $96.24 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 134% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $96.24 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $160.67 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bellwether Investment Group, 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 Bellwether Investment Group serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Bellwether Investment Group is individuals with 582 clients and $73.32 million of assets under management. Among the 1 most similar advisory firms, Bellwether Investment Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $96.24 million for 599 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.

Bellwether Investment Group doesn't advise any private funds.

Careers at Bellwether Investment Group, LLC

The company employs 4 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Allen Lindsey Member 1 Aug 2008 Other 2323601
Martin Dyer Summitt Member and chief compliance officer 1 Aug 2008 Other 2168840
Connie Lee West Member 1 Aug 2008 Other 4066633
Notley Sidney Maddox Managing member 1 Aug 2008 Other 2202879
Celeste Mari Friend Member 1 Aug 2008 Other 4460059
Stacy Womble Eaton Member 1 Feb 2011 Other 2368176
Stacy W. Eaton Member 1 Feb 2011 Other 2368176
Lance Robert Ray Member 1 Jan 2017 25% - 50% 3066927

Based in Chattanooga

The principal office where Bellwether Investment Group, LLC performs its advisory services is located at Liberty Tower, Suite 1210, 605 Chestnut Street, Chattanooga, TN 37450 The mailing address of the firm is Suite 1210 Liberty Tower, 605 Chestnut Street, Chattanooga, TN 37450. An additional office of the firm is in Holly Springs, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 423-698-6256 or by fax 423-698-6257. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at bellwetherinv.com.