# Porter White Investment Advisors, Inc.

> Porter White Investment Advisors, Inc. is an SEC-registered investment advisory firm in Birmingham, AL, registered since 2005, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 10, 2026.

- CRD: 110876
- Filed as: PORTER WHITE INVESTMENT ADVISORS, INC.
- Also doing business as: PORTER, WHITE & COMPANY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Birmingham, AL
- Filing period: October 2026
- Form ADV filing dated: April 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110876
- AdvisorCensus page: https://advisorcensus.com/firm/porter-white-investment-advisors-inc-birmingham-al-110876

## Quick answers

**How is Porter White Investment Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Porter White Investment Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Porter White Investment Advisors, Inc. located?**
Porter White Investment Advisors, Inc.'s principal office is in Birmingham, AL, according to its Form ADV.

**Is Porter White Investment Advisors, Inc. registered with the SEC or a state?**
Porter White Investment Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 110876.

**How much does Porter White Investment Advisors, Inc. manage?**
Porter White Investment Advisors, Inc. reports $748,210,174 in regulatory assets under management in its Form ADV filing dated April 10, 2026 (98% discretionary).

**How have Porter White Investment Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Porter White Investment Advisors, Inc.: Regulatory assets under management: $517,210,258 in the October 2021 data and $748,210,174 in the October 2026 data, up 45%. Total employees: 10 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Porter White Investment Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (80); charitable organizations (12); individuals (other than high net worth individuals) (10).

**Which custodians does Porter White Investment Advisors, Inc. use?**
Porter White Investment Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Porter White Investment Advisors, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110876

**Does Porter White Investment Advisors, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated April 10, 2026 says: "In general, we require a minimum of $1,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."

**What changed in Porter White Investment Advisors, Inc.'s recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 6 to 5.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated April 10, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> In general, we require a minimum of $1,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $748,210,174
- Discretionary: $734,390,859
- Non-discretionary: $13,819,315

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 10 | $1,498,345 |
| High net worth individuals | 80 | $504,313,701 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $98,558,065 |
| Charitable organizations | 12 | $127,752,671 |
| Corporations or other businesses not listed above | 4 | $16,087,392 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2005 (21 years)
- Employees: 7 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- pwco.com
- LinkedIn @PORTER-WHITE-&-COMPANY

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $517,210,258 | 10 | April 13, 2021 |
| October 2022 | $632,917,434 | 8 | March 22, 2022 |
| October 2023 | $640,659,372 | 9 | October 4, 2023 |
| October 2024 | $707,318,928 | 8 | July 19, 2024 |
| October 2025 | $712,125,120 | 7 | March 14, 2025 |
| October 2026 | $748,210,174 | 7 | April 10, 2026 |

Regulatory assets under management: $517,210,258 in the October 2021 data and $748,210,174 in the October 2026 data, up 45%.
Total employees: 10 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 6 to 5.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Porter White Investment Advisors, Inc. (CRD 110876): Form ADV filing data as of October 2026.