Am Investment Strategies, LLC (Chattanooga)


Am Investment Strategies, LLC is a large advisory firm based in Chattanooga. It manages $353.49 million of regulatory assets for 842 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, California, Florida, and 5 other states.

Am Investment Strategies provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and reporting/account administrative services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Am Investment Strategies: assets under management

The assets under management (AUM) of Am Investment Strategies, LLC is $353.49 million. The firm's AUM has grown by 110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $184.87 million in discretionary accounts and $168.62 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $266.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.13 million.
Am Investment Strategies has custody of $81.51 million in cash and securities for 60 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in investment and business development companies form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Am Investment Strategies, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Am Investment Strategies serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Am Investment Strategies is high net worth individuals with 82 clients and $295.35 million of assets under management. Among the 7 most similar advisory firms, Am Investment Strategies has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $347.17 million for 344 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.

Am Investment Strategies doesn't advise any private funds.

Careers at Am Investment Strategies, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Aon Douglas Miller Managing member /manager 1 Oct 2012 75% - 100% 3083225
Laura Ginnette Owsley Managing member/manager/chief compliance officer 1 Feb 2013 25% - 50% 4886775

Based in Chattanooga

The principal office where Am Investment Strategies, LLC performs its advisory services is located at 832 Georgia Avenue, Chattanooga, TN 37402, 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 423-486-1888 or by fax 423-486-1890. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at amillerinvest.com.