Cahaba Wealth Management, Inc. (Atlanta)

Name: Cahaba Wealth Management, Inc.
Address: 1075 Peachtree Street Ne, Atlanta, GA, 30309
Telephone: 404-549-7678

Cahaba Wealth Management, Inc. is a large advisory firm based in Atlanta. It manages $593.05 million of regulatory assets for 1,187 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, California, Florida, and 7 other states.

Cahaba Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cahaba Wealth Management: assets under management

The assets under management (AUM) of Cahaba Wealth Management, Inc. is $593.05 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1030% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $593.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $499.62 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in state and local bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cahaba Wealth Management, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Cahaba Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Cahaba Wealth Management is high net worth individuals with 213 clients and $456.86 million of assets under management. Among the 12 most similar advisory firms, Cahaba Wealth Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $593.05 million for 439 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Cahaba Wealth Management doesn't advise any private funds.

Careers at Cahaba Wealth Management, Inc.

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 9 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
Brian Patrick Oneill	Chief compliance officer, member	1 Sep 2009	75% - 100%	2840581
George Henry Wideman	Vice president and partner	1 Mar 2012	25% - 50%	2982747
William Douglass Jackson	Chief compliance officer and partner	1 Jan 2019	Other	2781981
Charles Thomas Anglin	Partner	1 May 2019	Other	5714502
Christopher David Conkell	Partner	1 May 2019	Other	6550214

Based in Atlanta

The principal office where Cahaba Wealth Management, Inc. performs its advisory services is located at 1075 Peachtree Street Ne, Atlanta, GA 30309, which is also the mailing address of the firm. An additional office of the firm is in Birmingham, AL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-549-7678 or by fax 404-549-7896. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at cahabawealth.com.