Southeast Asset Advisors, LLC

Southeast Asset Advisors, LLC provides wealth management and consulting services to a mix of individuals (including high net worth clients), family offices, endowments, foundations and institutional clients such as corporate and public pension plans. The firm manages both discretionary and non-discretionary accounts and reports roughly $3.7 billion in total assets under advisement, offering portfolio management, retirement plan advisory, and project-based financial planning services.

Portfolios are managed on an individualized basis with allocations across mutual funds, individual stocks and bonds, ETFs, separate account managers (SAMs) and, when appropriate, alternative and private investment funds; SAA conducts ongoing reviews and periodic rebalancing and may exercise discretionary trading authority for many accounts. The firm also acts as a private fund adviser through its majority-owned Conifer Advisors and employs a fee arrangement for those funds that combines asset-based and performance-based compensation, with performance fees payable only after specified thresholds and available only to qualified investors.

Distinctive features include the firm’s role as a manager of multiple private funds and pooled vehicles (including Conifer Partners II–IV and several SPV/private partnership vehicles) and its documented practice of waiving its portfolio management fee on client assets invested in those funds. SAA also has an uncommon affiliation with an accounting and consulting firm (Lanigan & Associates, P.C.) through shared ownership interests, and the firm explicitly serves state and municipal governmental clients and pooled investment vehicle clients—client types that are less typical among comparable multi-team firms.