Steel Grove Capital Advisors, LLC

RIASEC RegisteredEst. 2001

Total AUM

$1.6B

Discretionary

$1.4B

84% of AUM

Avg account

$1.9M

Accounts

884

Employees

Advisory reps

Firm details

Headquarters: Memphis, Tennessee
CRD number: 115231
Registered since: August 24, 2001
Website: steelgrove.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI94.18%
Charitable Organizations3.64%
State / Municipal Government1.5%
Individuals0.55%
Corporations / Businesses0.14%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Steel Grove Capital Advisors, LLC is an independent, owner-operated registered investment adviser organized as an LLC and SEC-registered since 2001. It positions itself as a capital allocator for both individual/family and institutional clients, offering financial planning, portfolio management for individuals, small businesses and institutions, and the selection of other advisers. The firm uses a mix of fee arrangements — percentage of assets under management, fixed fees, and performance-based fees — and does not identify as an active ESG investor. Beyond traditional advisory work, Steel Grove operates in roles that include sponsoring or managing pooled investment vehicles and acting as an adviser to other investment vehicles. That operational profile supports its role as a direct allocator into third-party alternative managers as well as into private pooled structures.