Birmingham Capital Management Co Inc (Birmingham)

Birmingham Capital Management Co Inc is a mid-sized advisory firm based in Birmingham. It manages $302.94 million of regulatory assets for 217 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Alabama.

Birmingham Capital Management 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.

Birmingham Capital Management: assets under management

The assets under management (AUM) of Birmingham Capital Management Co Inc is $302.94 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 219% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $302.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.4 million each.

Investments

The firm invests in exchange traded securities the most. They account for 88% 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 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Birmingham Capital Management Co Inc 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 Harvey Thomas Smith serves?

The firm provides services to charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Harvey Thomas Smith is high net worth individuals with 201 clients and $207.05 million of assets under management. Among the 12 most similar advisory firms, Birmingham Capital Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $302.94 million for 217 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.

Birmingham Capital Management doesn't advise any private funds.

Careers at Birmingham Capital Management Co Inc

The company employs 2 people that are either part- or full-time employees. 100 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.

Harvey Thomas Smith has been acting as President since 1 Nov 1983. William Hampton Couchman joined the executive team most recently as the Evp/Coo/Clo/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Harvey Thomas Smith	President/ceo/cfo	1 Nov 1983	50% - 75%	2307753
William Hampton Couchman	Evp/coo/clo/chief compliance officer	1 Nov 1983	50% - 75%	2306265
H Smith	President	1 Nov 1983	25% - 50%	2307753
William Couchman	Executive vice president	1 Nov 1983	25% - 50%	2306265
Robert Elliott Torray	Chairman of the board	1 Nov 1983	50% - 75%	4325898

Based in Birmingham

The principal office where Birmingham Capital Management Co Inc performs its advisory services is located at 2 Perimeter Park South, Birmingham, AL 35243 3253, 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 205-967-7062 or by fax 205-967-7013. The normal business hours are 8:30a-4:30p cst on Monday - Friday.