Second Line Capital, LLC

RIASEC Registered
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 that began SEC registration in 2023. The firm operates as a capital allocator and serves both individual/family and institutional clients, offering financial planning and portfolio management for individuals, small businesses and institutions, along with selection of other advisers. Its business mix includes insurance brokerage alongside advisory services. Fee arrangements include percentage-of-AUM billing as well as hourly and fixed-fee engagements. The firm does not describe itself as an active ESG investor. Ownership is a mix of a domestic entity and individual owners. The adviser is not identified as a multi-state adviser in the source data.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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 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

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 93

Active vs passive

$472M in ETFs

Passive

41%

$193M

Active

58%

$279M

ETFProviderStyleCategoryValueShares% of portfolio
APTUS COLLARED INVESTMENT OPPORTUNITY ETF (ACIO) Aptus Capital AdvisorsActiveOptions Trading$62.7M1,336,16813.28%

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

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth