Pinoak Advisors, L.L.C. (Birmingham)


Pinoak Advisors, L.L.C. is an adviser based in Birmingham. It manages $39 million of regulatory assets for 30 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Alabama.

Pinoak Advisors, L.L.C provides financial planning services, portfolio management for individuals and small businesses, 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.

Pinoak Advisors, L.L.C: assets under management

The assets under management (AUM) of Pinoak Advisors, L.L.C. is $39 million. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $19 million in discretionary accounts and $20 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $950 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pinoak Advisors, L.L.C. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Pinoak Advisors, L.L.C.

Pinoak Advisors, L.L.C. is owned by Dana O. Mccarn. Charles John Mccarn joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Charles John Mccarn Chief compliance officer 1 Oct 1996 75% - 100% 811353
Dana Odum Mccarn Owner 1 Oct 1996 Other 5769342
Dana O. Mccarn Owner 1 Jan 2010 Other 5769342

Based in Birmingham

The principal office where Pinoak Advisors, L.L.C. performs its advisory services is located at 2143 Williamsburg Way, Birmingham, AL 35223 1742 The mailing address of the firm is P.O. Box 530726, Birmingham, AL 35253 0726. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205.871.0591 or by fax 205.449.8712. The normal business hours are 9:00 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at www.pinoakadvisors.com.

Registered investment advisers similar to Pinoak Advisors, L.L.C.