Charles D. Haines, LLC (Birmingham)

Name: Charles D. Haines, LLC
Address: 600 University Park Place, Birmingham, AL, 35209
Telephone: 205-871-3334

Charles D. Haines, LLC is a large advisory firm based in Birmingham. It manages $552.52 million of regulatory assets for 246 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Georgia, New Hampshire, and Texas.

Charles D. Haines provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and market timing services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Charles D. Haines: assets under management

The assets under management (AUM) of Charles D. Haines, LLC is $552.52 million. The firm's AUM has grown by 98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $543.53 million in discretionary accounts and $8.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.27 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.28 million.

Charles D. Haines has custody of $61.04 million in cash and securities for 86 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Charles D. Haines, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Charles D. Haines, LLC

Charles Davis Haines has been acting as President since 1 Oct 1986. Heath Ryan Echols joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Davis Haines	President	1 Oct 1986	50% - 75%	1205641
Donald Lutomski	Chief operating officer	1 Oct 1997	Other	2865968
Donald Francis Lutomski	President & chief operating officer	1 Oct 1997	Other	2865968
Inc. Charles D. Haines	Owner of registrant	1 Aug 2001	75% - 100%	63-1034485
Robert Eugene Thurber	Owner of registrant	1 Aug 2001	Other	4969111
Rebecca Oliver Haines	Owner of registrant	1 Sep 2001	Other	4969107
Joshua Wyatt Lancaster	Chief compliance officer	1 Sep 2002	Other	2424549
Heath Ryan Echols	Chief operating officer	1 Jun 2008	Other	5082794

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Rebecca Oliver Haines	Owner	1 Oct 1986	25% - 50%	4969107

Based in Birmingham

The principal office where Charles D. Haines, LLC performs its advisory services is located at 600 University Park Place, Birmingham, AL 35209, 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 205-871-3334 or by fax 205-879-1114. The normal business hours are 8:00- 5:00 on Monday - Friday. You can find more information about the New York firm at www.charlesdhaines.com.