Sherrill & Hutchins Financial Advisory Inc (Atlanta)


Sherrill & Hutchins Financial Advisory Inc is a large advisory firm based in Atlanta. It manages $392.23 million of regulatory assets for 1,276 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 6 other states.

Sherrill & Hutchins Financial Advisory provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sherrill & Hutchins Financial Advisory: assets under management

The assets under management (AUM) of Sherrill & Hutchins Financial Advisory Inc is $392.23 million. The firm's AUM has grown by 252% since the beginning of its operation, and $1.76 million of the total AUM is attributable to clients outside of the United States.

The firm manages $384.71 million in discretionary accounts and $7.52 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $302.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.88 million.
Sherrill & Hutchins Financial Advisory has custody of $207.97 million in cash and securities for 300 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 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sherrill & Hutchins Financial Advisory 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.

What kind of clients Jessica Renee Sherrill serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jessica Renee Sherrill is high net worth individuals with 133 clients and $238.97 million of assets under management. Among the 9 most similar advisory firms, Sherrill & Hutchins Financial Advisory has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $392.23 million for 437 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.

Sherrill & Hutchins Financial Advisory doesn't advise any private funds.

Careers at Sherrill & Hutchins Financial Advisory Inc

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 6 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.

Jessica Renee Sherrill has been acting as President since 1 Jan 2016. William Fredrick Hutchins joined the executive team most recently as the Chairman Of The Board.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Thomas Beck Sherrill President 1 Sep 1984 50% - 75% 825944
William Frederick Hutchins Vice president/secretary 1 Sep 1984 50% - 75% 1254575
William Fredrick Hutchins Vice president/secretary 1 Sep 1984 50% - 75% 1254575
William Fredrick Hutchins Chairman of the board 1 Apr 2012 50% - 75% 1254575
Theodore Leslie Noble Vice president/secretary/chief compliance officer 1 Apr 2012 Other 5472817
Jessica Sherrill De Souza Vice president 1 Apr 2012 Other 5472765
Mark D Sheerin Vice president/treasurer 1 Apr 2012 Other 6053305
Jessica Renee Sherrill Vice president 1 Apr 2012 Other 5472765
Jessica Renee Sherrill President 1 Jan 2016 Other 5472765
Mark D Sheerin Chief executive officer/treasurer 1 Jan 2016 Other 6053305

Based in Atlanta

The principal office where Sherrill & Hutchins Financial Advisory Inc performs its advisory services is located at 4401 Northside Parkway, Nw, Atlanta, GA 30327, 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 770-395-9797 or by fax 770-395-9854. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at sherrillandhutchins.com.