Angel Oak Capital Advisors, LLC (Atlanta)


Angel Oak Capital Advisors, LLC is a large advisory firm based in Atlanta. It manages $10.23 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Georgia.

Angel Oak Capital Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Angel Oak Capital Advisors: assets under management

The assets under management (AUM) of Angel Oak Capital Advisors, LLC is $10.23 billion. The firm's AUM has grown by 19366% since the beginning of its operation, and $1 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $10.19 billion in discretionary accounts and $47.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $463.01 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $47.39 million.

Investments

The firm invests in other assets the most. They account for 55% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 29% of the firm’s portfolio. Investments in government bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Angel Oak Capital Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Angel Oak Capital Advisors serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Angel Oak Capital Advisors is investment companies with 8 clients and $7.25 billion of assets under management. Among the 7 most similar advisory firms, Angel Oak Capital Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $9.82 billion for 15 clients. 10% of the firm’s clients are foreign persons or businesses.

Angel Oak Capital Advisors also advises several private funds. Namely, two hedge funds and three real estate funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.

Careers at Angel Oak Capital Advisors, LLC

The company employs 78 people that are either part- or full-time employees. 32 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Sreeniwas Vikram Prabhu Member 1 Jul 2009 25% - 50% 4124628
Brad Adam Friedlander Member 1 Jul 2009 25% - 50% 3082925
Michael Allen Fierman Member 1 Jul 2009 25% - 50% 5704566
Sreeniwas V. Prabhu Manager 1 Jul 2009 25% - 50% 4124628
Michael Fierman Manager 1 Jul 2009 25% - 50% 5704566
Tina Bhagu Patel Chief compliance officer 1 Apr 2011 Other 5958688
John R Hsu Chief operating officer 1 Apr 2011 Other 2743327
Brian Smith Chief operating officer 1 Jan 2012 Other 6433628
Tracy S Jackson Chief financial officer 1 Apr 2012 Other 6172291
Robert Jakes Mcdonough Chief risk officer 1 Jan 2013 Other 6172278
Dory Black General counsel 1 Apr 2014 Other 6433630
Dory Black General counsel 1 Sep 2014 Other 6433630
Lu Chang Chief risk officer 1 Sep 2014 Other 4805547
Robert Adam Langley Chief compliance officer 1 Feb 2015 Other 4873010
David Dibblee Silvera Chief operating officer 1 Feb 2019 Other 1563838

Based in Atlanta

The principal office where Angel Oak Capital Advisors, LLC performs its advisory services is located at 3344 Peachtree Road, Atlanta, GA 30326, which is also the mailing address of the firm. An additional office of the firm is in Mercer Island, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-953-4900 or by fax 404-953-4988. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at angeloakcapital.com.