Narwhal Capital Managment, LLC (Marietta)


Narwhal Capital Managment, LLC is a large advisory firm based in Marietta. It manages $742.89 million of regulatory assets for 228 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Georgia.

Narwhal Capital Managment provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Narwhal Capital Managment: assets under management

The assets under management (AUM) of Narwhal Capital Managment, LLC is $742.89 million. The firm's AUM has grown by 599% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $699.78 million in discretionary accounts and $43.11 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.21 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.31 million.
Narwhal Capital Managment has custody of $9.71 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is state and local bonds, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Narwhal Capital Managment, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Narwhal Capital Managment serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Narwhal Capital Managment is high net worth individuals with 47 clients and $349.34 million of assets under management. Among the 10 most similar advisory firms, Narwhal Capital Managment has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $696.83 million for 105 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.

Narwhal Capital Managment also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $10,000 for each fund.

Careers at Narwhal Capital Managment, LLC

The company employs 16 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 8 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 compensates 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
Matthew Doran Burton Chief executive officer and founder 1 May 2005 75% - 100% 4977557
Matsco Sole stockholder 1 May 2005 75% - 100% 582301685
Macarther Royster Plumart Executive vice president 1 May 2005 Other 3073472
Sean Paul Dunehew Chief compliance officer 1 Aug 2006 Other 5227970
John Jeffrey Holt Chief compliance officer 1 Jan 2010 Other 5762376
John Jeffrey Holt Chief compliance officer 1 Jan 2013 Other 5762376
Barry Lee Mathis President and chief operating officer 1 Sep 2013 Other 6262098
Andrew David Hall Chief compliance officer 1 Jan 2017 Other 6043219

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Robert Edward Matthews Shareholder 1 May 2005 25% - 50% 5121492

Based in Marietta

The principal office where Narwhal Capital Managment, LLC performs its advisory services is located at 531 Roselane Street, Marietta, GA 30060, 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 770-344-0172 or by fax 770-344-0175. The normal business hours are 9:00 - 5:30 on Monday - Friday. You can find more information about the New York firm at narwhalcapital.com.