Mainsail Asset Management, LLC logo

Mainsail Asset Management, LLC

Updated today

Client assets under management

$372,055,527

Clients

142

64% high-net worth

Advisors

4

of 7 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

36

Low

Average account size

$2,620,109

About

Mainsail Asset Management is a SEC-registered advisory firm that serves individuals (including high‑net‑worth clients), pension and profit‑sharing plans, businesses, trusts, estates, charitable organizations, and pooled investment vehicles. The firm provides discretionary and non‑discretionary portfolio management, financial planning, and retirement plan consulting, and may recommend or sponsor privately offered pooled investment vehicles.

The firm constructs tailored, diversified portfolios using strategic and tactical asset allocation across public and private asset classes — including equities, fixed income, alternatives, and private placements — informed by fundamental, technical, and cyclical analysis. Client accounts are monitored on an ongoing basis with quarterly performance measurement, periodic rebalancing, and the option to integrate Separate Account Managers or account aggregation platforms to reflect non‑managed assets.

What is distinctive for a firm of this size is Mainsail’s active role as sponsor/manager and private‑fund adviser to affiliated pooled vehicles (including several First Avenue entities and special purpose vehicles), and its provision of portfolio management to those pooled vehicles. Those arrangements can involve performance‑based compensation and potential conflicts of interest; the firm discloses these relationships and addresses them through its Form ADV disclosures, code of ethics, and client reporting, and treats client investments in Sponsored Vehicles as non‑discretionary.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Retirement income strategy Wealth management

Occupation focus

Founder/Business Owner

Fee options

Fixed

Financial planning fees generally range from $5,000 to $50,000 on a fixed fee basis.

Percentage

$0 - $500,000: 1.25% $500,001 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.80% $2,000,001 - $5,000,000: 0.70% $5,000,001 - $10,000,000: 0.60% $10,000,001+: 0.50%

Performance-based

Performance-based (incentive) fees are charged for certain Sponsored Vehicles and related entities as described in offering documents; only available to qualified clients.

Other

Minimum fee: Mainsail does not require an annual minimum fee or asset level for investment advisory services, but reserves the right to charge a fixed annual retainer fee. Fee-only: Fee-only basis for individuals, trusts, estates, businesses, other entities, and pooled investment vehicles.

Main office location

Mainsail Asset Management, LLC

2229 1 St Ave. S., Suite 225

Birmingham AL 35233, United States

Number of offices

2

Most active in

Alabama · Florida · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Charles M

Series 65

Birmingham, AL

Mainsail Asset Management, LLC

Charles Moss is a financial advisor at Mainsail Asset Management, LLC with four years of industry experience. He holds a Series 65 credential and has previously worked at PricewaterhouseCoopers and held academic positions at Vanderbilt University Owen Graduate School of Management and Davidson College. Mainsail Asset Management is an SEC-registered firm managing approximately $410 million in assets with a team of four advisors. The firm serves individuals, pension plans, trusts, businesses, and charitable organizations, offering portfolio management and financial planning across diverse public and private asset classes using a strategic long-term allocation with tactical adjustments.

Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Retirement income strategy Wealth management Founder/Business Owner
user avatar

Andrew B

CFP®

Birmingham, AL

Mainsail Asset Management, LLC

Andrew Brignac Sr. is a CFP® professional with six years of industry experience, currently serving as an advisor at Mainsail Asset Management, LLC since 2017. Prior to this, he worked at AEA Group for four years. Outside of his advisory role, he owns and consults for Brignac Accounting and Consulting, an accounting and bookkeeping firm for small businesses. Mainsail Asset Management is an SEC-registered advisory firm managing approximately $410 million in assets. The firm serves individuals, pension plans, trusts, estates, businesses, and charitable organizations, offering portfolio management and financial planning with a strategic, long-term investment approach across diverse asset classes.

Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Retirement income strategy Wealth management Founder/Business Owner
user avatar

William G

Series 66

Birmingham, AL

Mainsail Asset Management, LLC

William Gooding is a financial advisor at Mainsail Asset Management, LLC with three years of industry experience. He previously worked at Northwestern Mutual and spent over a decade at Stryker Corp. Gooding is also an independent insurance agent. Mainsail Asset Management is an SEC-registered firm managing approximately $410 million in assets, offering portfolio management and financial planning services to individuals, institutions, and charitable organizations. The firm employs a strategic, diversified investment approach across public and private asset classes with ongoing performance monitoring and includes management of privately offered pooled investment vehicles.

Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Retirement income strategy Wealth management Founder/Business Owner
user avatar

William P

PFS™, Series 65

Birmingham, AL

Mainsail Asset Management, LLC

William Parsons Jr. is a financial advisor at Mainsail Asset Management, LLC in Birmingham, AL, holding the PFS™ designation and Series 65 license with 22 years of industry experience. He has been with Mainsail Asset Management since 2003. Mainsail Asset Management is an SEC-registered firm managing approximately $410 million with a small team of advisors. The firm serves individuals, pension plans, trusts, businesses, and charitable organizations by providing discretionary and non-discretionary portfolio management and financial planning, utilizing diversified portfolios across public and private asset classes with a strategic long-term allocation and tactical adjustments.

Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Retirement income strategy Wealth management Founder/Business Owner
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