Centennial Partners, LLC (Memphis)


Centennial Partners, LLC is a large advisory firm based in Memphis. It manages $735.74 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Tennessee, and Texas.

Centennial Partners provides portfolio management for pooled investment vehicles 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.

Centennial Partners: assets under management

The assets under management (AUM) of Centennial Partners, LLC is $735.74 million. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $199.32 million in discretionary accounts and $536.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.92 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $536.42 million.
Centennial Partners has custody of $199.32 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Centennial Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

Careers at Centennial Partners, LLC

Centennial Partners, LLC is owned by Marvin Ernest Bruce. Joseph Stanley Wade has been acting as President since 1 Jul 2003. Llc Chinkapin Investment Company joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
D Canale & Co. Owner 1 Feb 2000 25% - 50% 62-0148650
Marvin Ernest Bruce Owner 1 Feb 2000 Other 5008926
Joseph Stanley Wade President/owner 1 Jul 2003 Other 803189
Llc Consulting Services Group Owner 1 Jul 2003 Other 107048
D Canale & Co. Owner 1 Jul 2003 Other 62-0148650
Marvin Ernest Bruce Director/owner 1 Jul 2003 Other 5008926
Tina Marie Badciong Chief financial officer 1 Dec 2003 Other 5008936
Llc Wilson Capital Partners Owner 1 May 2004 Other 20-1137941
Spence Lee Wilson Director 1 Aug 2004 Other 1469147
Tina Marie Badciong Cfo, cco 1 Aug 2005 Other 5008936
Michael Shannon Rhodes Managing director 1 Oct 2005 Other 2371950
Michael Anthony Robinson Owner 1 Aug 2006 Other 1481208
John Wright Apperson Managing director 1 Jan 2007 Other 2116364
Tiffany Faith Flock Chief compliance officer 1 Jun 2007 Other 5368579
Tiffany Faith Hinson Chief compliance officer 1 Jun 2007 Other 5368579
Douglas P. Quay Board member 1 Feb 2008 Other 5499061
Douglas Peter Quay Chairman of the board 1 Feb 2008 Other 5499061
Paul Bradley Anderson Chief operating officer 1 Apr 2008 Other 2337673
Paul Bradley Anderson Chief executive officer/ president 1 Feb 2009 Other 2337673
Laura B. Meek Chief compliance officer 1 Sep 2011 Other 1946236
Llc Zilker Park Partners Owners 1 Apr 2012 50% - 75% 45-4201295
John Gordon Mccolskey President 1 Apr 2012 Other 2160581
Thomas Joseph Meredith Chairman of board 1 Apr 2012 25% - 50% 4735052
Alex Charles Smith Member board of managers/indirect owner 1 Apr 2012 25% - 50% 4734847
Llc Chinkapin Investment Company Member 1 Jun 2012 Other 45-5596621

Indirect Owners

The SEC currently registers 23 indirect owners.

Name Entity Date acquired Ownership Employer ID
John D Canale President 1 Jun 1962 25% - 50% 2228083
Christopher W Canale Secretary 1 Jun 1962 25% - 50% 2498212
John D Canale Iii President 1 Jun 1962 25% - 50% 2228083
Alice Dixon Grotnes Member 1 Dec 1995 25% - 50% 6100113
Edgar Lee Giovannetti Ceo/president 1 Jul 1999 Other 703597
Joe David Meals Secretary 1 Jul 1999 Other 1295902
Christopher W Canale Owner 1 Feb 2000 25% - 50% 2498212
Lynn Meredith Member 1 May 2003 50% - 75% 5063316
Robert Allen Wilson Owner 1 May 2004 25% - 50% 1469149
Charles Kemmons Jr Wilson Owner 1 May 2004 25% - 50% 1469152
Spence Lee Wilson Owner 1 May 2004 25% - 50% 1469147
Charles Eugene Martin Presiding manager 1 May 2004 Other 2446655
L.P. Jdc Investments Owner 1 Dec 2008 25% - 50% 26-2482568
Inc. Canale Bros. General partner 1 Dec 2008 Other 62-1808246
John D Canale Iii Limited partner 1 Dec 2008 75% - 100% 2228083
Christopher W Canale Owner 1 Dec 2008 50% - 75% 2498212
Llc Zilker Park Ventures Owner 1 Jan 2012 50% - 75% 45-4203435
Llc Zilker Park Capital Owner 1 Jan 2012 50% - 75% 45-4216633
Thomas Joseph Meredith Owner 1 Jan 2012 50% - 75% 4735052
Meredith Family Revocable Trust Owner 1 Jan 2012 75% - 100% xxx-xx-xxxx
Alex Charles Smith Managing member 1 Jan 2012 75% - 100% 4734847
Joseph Stanley Wade Managing member 1 Apr 2012 50% - 75% 803189
Dixon Capital Lp Member 1 Jun 2012 25% - 50% 63-0944809

Based in Memphis

The principal office where Centennial Partners, LLC performs its advisory services is located at 6410 Poplar Avenue, Suite 650, Memphis, TN 38119, which is also the mailing address of the firm. An additional office of the firm is in Miami, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 901-213-5130 or by fax 901-213-5131. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.centennialfunds.com.

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