SECOND LINE CAPITAL, LLC

RIASEC RegisteredEst. 2023
Total AUM
$1.3B
Discretionary
$1.3B
100% of AUM
Avg account
$1.1M
Accounts
1,199
Employees
28
Advisory reps
24

Firm details

Headquarters
METAIRIE, Louisiana
CRD number
324386
Registered since
September 19, 2023
Custodians
LPL FINANCIAL LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • Pension & Profit Sharing Plans49.26%
  • HNWI36.45%
  • Individuals13.86%
  • Corporations / Businesses0.39%
  • Charitable Organizations0.04%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Second Line Capital, LLC is an independent registered investment adviser organized as an LLC and SEC-registered in 2023. The firm acts as a capital allocator for both individual/family and institutional clients, providing financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutions, and selection of outside advisers. Insurance brokerage is part of its business activities. Its client fee mix includes percentage-of-AUM charges as well as hourly and fixed-fee arrangements. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 66%, Exchange Traded Equities 29%, Cash & Cash Equivalents 5%, State & Local Bonds 1%66%
  • Public Funds/Mutual Funds66%
  • Exchange Traded Equities29%
  • Cash & Cash Equivalents5%
  • State & Local Bonds1%

Owners & executives

1 of 1
  • John Bordelon

    Managing Partner and Chief Executive OfficerCRD 6915912

Contacts

3 of 23
  • P SOLIMAN

    Managing Partner, PresidentCRD 4607111

  • Andrea Romero

    Private Wealth AdvisorCRD 6399937

  • Stephen Browne

    Private Wealth AdvisorCRD 3243518

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 90

Active vs passive

$404M in ETFs

Passive

42%

$168M

Active

57%

$236M

ETFProviderStyleCategoryValueShares% of portfolio
APTUS COLLARED INVESTMENT OPPORTUNITY ETF (ACIO) Aptus Capital AdvisorsActiveOptions Trading$57.3M1,266,73114.19%

Location

Primary office

METAIRIE, LA

JEFFERSON

Location

METAIRIE, LA

Headquartered in METAIRIE, LA, anchoring the New Orleans-Metairie-Hammond, LA-MS metro in the South.

Metro area
New Orleans-Metairie-Hammond, LA-MS
Region
South
County
JEFFERSON
Address
2800 Veterans Memorial Blvd
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth