Abel Hall, Llc (Baton Rouge)
Abel Hall, Llc Is a Large Advisory Firm Based in Baton Rouge. It Manages $261.17 Million of Regulatory Assets for 357 Client Accounts. It Has Been Registered...
Abel Hall, LLC is a large advisory firm based in Baton Rouge. It manages $261.17 million of regulatory assets for 357 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Louisiana and Texas.
Abel Hall provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Abel Hall: assets under management
The assets under management (AUM) of Abel Hall, LLC is $261.17 million. The company doesn't manage any assets belonging to foreign clients.
The firm manages $169.61 million in discretionary accounts and $91.57 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $531.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.41 million.
Abel Hall has custody of $60.42 million in cash and securities for 121 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.
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