Sterne Agee Investment Advisors, Inc. (Birmingham)

Name: Sterne Agee Investment Advisors, Inc.
Address: 800 Shades Creek Parkway, Birmingham, AL, 35209
Telephone: 205-380-1700

Sterne Agee Investment Advisors, Inc. is a large advisory firm based in Birmingham. It manages $1.99 billion of regulatory assets for 7,800 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 41 other states.

Sterne Agee Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sterne Agee Investment Advisors: assets under management

The assets under management (AUM) of Sterne Agee Investment Advisors, Inc. is $1.99 billion. The firm's AUM has grown by 224% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.13 billion in discretionary accounts and $863.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $240.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $278.52 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sterne Agee Investment Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Sterne Agee Investment Advisors, Inc.

Christopher Lee Frankel has been acting as President since 1 Feb 2004. Harold Lowell Wainwright joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Lee Frankel	Director	1 Feb 2004	Other	1756659
James Stivender Holbrook	Chairman of the board, president and chief executive officer	1 Feb 2004	Other	1455973
James Todd Newton	Director	1 Feb 2004	Other	1196025
Loyd Baxter Smith	Managing director	1 Feb 2004	Other	1268975
Conner Fred Wagstaff	Chief financial officer	1 Feb 2004	Other	1427591
Sterne Agee & Leach Group Inc.	100% owner	1 Feb 2004	75% - 100%	63-1175904
Inc. Sterne Agee Group	100% owner	1 Feb 2004	75% - 100%	63-1175904
Carol S Kennedy	Chief compliance officer	1 Aug 2004	Other	2438386
Robert Morris Glasgow	Managing director	1 Aug 2005	Other	2916463
Walter Allwein Ruch	President & ceo	1 Apr 2007	Other	2761014
John Herndon Poole	Chief compliance officer	1 Aug 2007	Other	5397790
Andrew Chambless	Chief compliance officer	1 Feb 2008	Other	5119116
Jay Wilson Carter	Director	1 Dec 2008	Other	2412541
James Franklin Dixon	Director	1 Dec 2008	Other	2520677
Brian Keith Barze	Chief financial officer, secretary & treasurer	1 Oct 2009	Other	5703005
Bradford Douglas Rodgers	Chief compliance officer	1 Jun 2010	Other	5428497
Daniel Lee Garrett	Chief operations officer	1 Jul 2010	Other	4398031
John Francis Calvano	Chief compliance officer	1 Mar 2011	Other	1717560
Jon Brian Sanderson	Chief financial officer	1 Aug 2012	Other	2060740
Harold Lowell Wainwright	Director	1 Nov 2012	Other	1277248
John Vincent Rucker	Director	1 Nov 2012	Other	2150281

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
James Stivender Holbrook	Chairman	1 Apr 1990	25% - 50%	1455973

Based in Birmingham

The principal office where Sterne Agee Investment Advisors, Inc. performs its advisory services is located at 800 Shades Creek Parkway, Birmingham, AL 35209, which is also the mailing address of the firm. An additional office of the firm is in Little Rock, AR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205-380-1700 or by fax 205-949-3502. The normal business hours are 8:00am to 5:00pm cst on Monday - Friday. You can find more information about the New York firm at www.sterneagee.com.