Abel Hall, LLC (Baton Rouge)

Name: Abel Hall, LLC
Address: 9270 Siegen Lane, Suite 202, Baton Rouge, LA, 70810
Telephone: 225-408-4000

Abel Hall, LLC is a large advisory firm based in Baton Rouge. It manages $261.17 million of regulatory assets for 357 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Louisiana and Texas.

Abel Hall provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

Abel Hall: assets under management

The assets under management (AUM) of Abel Hall, LLC is $261.17 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $169.61 million in discretionary accounts and $91.57 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $531.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.41 million.

Abel Hall has custody of $60.42 million in cash and securities for 121 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Abel Hall, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Abel Hall serves?

The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Abel Hall is high net worth individuals with 48 clients and $209.84 million of assets under management. Among the 8 most similar advisory firms, Abel Hall has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $261.17 million for 125 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.

Abel Hall doesn't advise any private funds.

Careers at Abel Hall, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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
Leo Gregory Abel	Managing member	1 Apr 2019	50% - 75%	2530923
Andrew Philips Hall	Managing member	1 Apr 2019	50% - 75%	5772174
Emily Elizabeth Dowden	Cco	1 Apr 2019	Other	5971978

Based in Baton Rouge

The principal office where Abel Hall, LLC performs its advisory services is located at 9270 Siegen Lane, Suite 202, Baton Rouge, LA 70810, 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 225-408-4000 or by fax 225-408-8599. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at abelhall.com.