The Moorings Group, LLC (Atlanta)

Name: The Moorings Group, LLC
Address: One Premier Plaza, 5605 Glenridge Drive, Atlanta, GA, 30342
Telephone: 770-395-3366

The Moorings Group, LLC is a large advisory firm based in Atlanta. It manages $533.62 million of regulatory assets for 254 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Georgia, Louisiana, Texas, and Virginia.

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

The Moorings Group: assets under management

The assets under management (AUM) of The Moorings Group, LLC is $533.62 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 681% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $533.62 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.1 million each.

Investments

The firm invests in state and local bonds the most. They account for 84% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in government bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay The Moorings 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 The Moorings Group serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of The Moorings Group is high net worth individuals with 119 clients and $486.85 million of assets under management. Among the 7 most similar advisory firms, The Moorings Group has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $530.2 million for 188 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.

The Moorings Group doesn't advise any private funds.

Careers at The Moorings Group, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Michele Marie Poirier	Partner/cio/llc member	1 Sep 2003	25% - 50%	828960
Connie Freeman Morris	Partner/chief compliance officer/llc member	1 Sep 2003	25% - 50%	805172
Keith Eugene Mitchell	Non-operating llc member	1 Sep 2003	25% - 50%	736878
Connie Freeman Partridge	Partner/chief compliance officer/llc member	1 Sep 2003	50% - 75%	805172
Connie F. Partridge	Partner/chief compliance officer/llc member	1 Sep 2003	25% - 50%	805172
Vickie Grubbs Hickam	Partner, llc member	1 Jul 2011	Other	720852

Based in Atlanta

The principal office where The Moorings Group, LLC performs its advisory services is located at One Premier Plaza, 5605 Glenridge Drive, Atlanta, GA 30342, 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 770-395-3366 or by fax 770-395-3360. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at mooringsgroup.com.