Mainsail Asset Management, LLC

RIASEC Registered
Total AUM
$599M
Discretionary
$412M
69% of AUM
Avg account
$674K
Accounts
889
Employees
7
Advisory reps
3

Firm details

Headquarters
Birmingham, Alabama
CRD number
128373
Registered since
January 12, 2007
Custodians
NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees, Performance Based Fees
Client types
  • HNWI58.21%
  • Pooled Investment Vehicles22.33%
  • Corporations / Businesses13.37%
  • Individuals3.92%
  • Pension & Profit Sharing Plans1.45%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Mainsail Asset Management, LLC is an independent, individual-owned RIA that has been SEC-registered since 2007. The firm operates as a capital allocator for both individual/family and institutional clients, offering a mix of fee arrangements — percentage of AUM, fixed fees, and performance-based fees. Advisory services include financial planning, discretionary portfolio management for individuals, pooled vehicles and institutions, pension consulting, and selection of outside advisers. Mainsail also acts as sponsor/GP/managing member for pooled investment vehicles. The firm is not an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 49%, Private Funds 28%, Exchange Traded Equities 12%, Cash & Cash Equivalents 8%, US Government Bonds 1%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%49%
  • Public Funds/Mutual Funds49%
  • Private Funds28%
  • Exchange Traded Equities12%
  • Cash & Cash Equivalents8%
  • US Government Bonds1%

Contacts

3 of 3
  • Andrew Brignac

    Andrew Brignac

    Director of Advanced PlanningCRD 6863788

  • William Parsons

    William Parsons

    Managing MemberCRD 4708399

  • William Gooding

    William Gooding

    Financial AdvisorCRD 7614860

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 50

Active vs passive

$163M in ETFs

Passive

88%

$144M

Active

7%

$19.4M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD MORNINGSTAR GROWTH INDEX FUND (VUG)VanguardPassiveLarge Growth$55.1M594,92233.74%

Location

Primary office

Birmingham, AL

Jefferson

Location

Birmingham, AL

Headquartered in Birmingham, AL, anchoring the Birmingham-Hoover-Talladega, AL metro in the South.

Metro area
Birmingham-Hoover-Talladega, AL
Region
South
County
Jefferson
Address
2229 1st Ave S
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth