Livingston Group Asset Management Company is a large advisory firm based in Chattanooga. It manages $395.24 million of regulatory assets for 1,761 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 14 other states.
Livingston Group Asset Management Company provides financial planning services, 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 prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Livingston Group Asset Management Company is $395.24 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 369% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Livingston Group Asset Management Company 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of James Clayton Parker is high net worth individuals with 318 clients and $218.25 million of assets under management. Among the 4 most similar advisory firms, Livingston Group Asset Management Company has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $384.3 million for 1,755 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.
Livingston Group Asset Management Company doesn't advise any private funds.
The company employs 24 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.
There are 8 people 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.
James Clayton Parker has been acting as President since 1 Nov 2011. Jennifer Rebecca Greene joined the executive team most recently as the Chief Compliance Officer.
The principal office where Livingston Group Asset Management Company performs its advisory services is located at 100 W. Mlk Blvd. Suite 300, Chattanooga, TN 37402 2936, which is also the mailing address of the firm. An additional office of the firm is in Greenville, KY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 423-265-2700 or by fax 423-265-3560. The normal business hours are 8:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at southportcapital.com and its LinkedIn profile.