Full Sail Capital, LLC (Oklahoma City)

Name: Full Sail Capital, LLC
Address: 9401 N. Kelly Avenue, Oklahoma City, OK, 73131
Telephone: (405) 286-2100

Full Sail Capital, LLC is a large advisory firm based in Oklahoma City. It manages $662.68 million of regulatory assets for 636 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Oklahoma and Texas.

Full Sail Capital 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 more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Full Sail Capital: assets under management

The assets under management (AUM) of Full Sail Capital, LLC is $662.68 million. The firm's AUM has grown by 146% since the beginning of its operation, and $3.81 million of the total AUM is attributable to clients outside of the United States.

The firm manages $632.45 million in discretionary accounts and $30.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.15 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $355.64 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is state and local bonds, which make up 20% of the firm’s portfolio. Investments in exchange traded securities form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Full Sail Capital, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Full Sail Capital 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 Full Sail Capital is high net worth individuals with 120 clients and $455.98 million of assets under management. Among the 9 most similar advisory firms, Full Sail Capital has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $526.88 million for 253 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.

Full Sail Capital doesn't advise any private funds.

Careers at Full Sail Capital, LLC

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 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
Zachary Austin Reynolds	Managing member	1 Feb 2018	25% - 50%	6900547
Scott Lee Cravens	Managing member	1 Feb 2018	Other	6913534
David Todd Stanley	Managing member	1 Feb 2018	25% - 50%	4928918
Max Jackson Rhodes	Chief compliance officer	1 Jun 2018	Other	6967233

Based in Oklahoma City

The principal office where Full Sail Capital, LLC performs its advisory services is located at 9401 N. Kelly Avenue, Oklahoma City, OK 73131, 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 (405) 286-2100 or by fax (405) 286-0199. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at fullsailcapital.com.