# Southeast Asset Advisors, LLC

> Southeast Asset Advisors, LLC is an SEC-registered investment advisory firm in Thomasville, GA, registered since 1992, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.

- CRD: 107588
- Filed as: SOUTHEAST ASSET ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Thomasville, GA
- Filing period: October 2026
- Form ADV filing dated: May 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107588
- AdvisorCensus page: https://advisorcensus.com/firm/southeast-asset-advisors-llc-thomasville-ga-107588

## Quick answers

**How is Southeast Asset Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Southeast Asset Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees.

**Where is Southeast Asset Advisors, LLC located?**
Southeast Asset Advisors, LLC's principal office is in Thomasville, GA, according to its Form ADV; the June 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Southeast Asset Advisors, LLC registered with the SEC or a state?**
Southeast Asset Advisors, LLC is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 107588.

**How much does Southeast Asset Advisors, LLC manage?**
Southeast Asset Advisors, LLC reports $4,199,822,999 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (58% discretionary).

**How have Southeast Asset Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Southeast Asset Advisors, LLC: Regulatory assets under management: $2,902,272,639 in the October 2021 data and $4,199,822,999 in the October 2026 data, up 45%. Total employees: 14 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Southeast Asset Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (185); individuals (other than high net worth individuals) (96); charitable organizations (23).

**Which custodians does Southeast Asset Advisors, LLC use?**
Southeast Asset Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BofA Securities, Inc., Charles Schwab & Co., Inc. and Regions Bank as custodians holding 10% or more of its separately managed account assets.

**Does Southeast Asset Advisors, LLC 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/107588

**Does Southeast Asset Advisors, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated May 21, 2026 says: "With some exceptions, the minimum portfolio value eligible for conventional investment advisory services is $1,000,000."

**What changed in Southeast Asset Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 7 to 6. Regulatory assets under management went from $3,717,428,235 to $4,199,822,999 (+13%). Registered or notice-filed in LA.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated May 21, 2026)

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

> With some exceptions, the minimum portfolio value eligible for conventional investment advisory services is $1,000,000.

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

### Custodians (Schedule D, Section 5.K(3))
- BofA Securities, Inc.
- Charles Schwab & Co., Inc.
- Regions Bank

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: $4,199,822,999
- Discretionary: $2,417,726,852
- Non-discretionary: $1,782,096,147

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 96 | $36,341,299 |
| High net worth individuals | 185 | $2,569,687,933 |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $443,818,945 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7 | $32,218,898 |
| Charitable organizations | 23 | $1,005,586,903 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $52,505,007 |
| Corporations or other businesses not listed above | 16 | $59,664,014 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- 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: 1992 (33 years)
- Employees: 14 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, FL, GA, LA, NC, SC, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Atlanta, GA
- Charleston, SC
- Mobile, AL
- Tallahassee, FL

### Websites listed on Form ADV (Item 1.I)
- assetadvisor.com
- LinkedIn @southeast-asset-advisors-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,902,272,639 | 14 | March 31, 2021 |
| October 2022 | $3,689,542,420 | 13 | May 17, 2022 |
| October 2023 | $3,239,114,249 | 15 | July 20, 2023 |
| October 2024 | $3,747,179,661 | 14 | May 14, 2024 |
| October 2025 | $3,717,428,235 | 15 | June 2, 2025 |
| October 2026 | $4,199,822,999 | 14 | May 21, 2026 |

Regulatory assets under management: $2,902,272,639 in the October 2021 data and $4,199,822,999 in the October 2026 data, up 45%.
Total employees: 14 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 7 to 6.
- Regulatory assets under management went from $3,717,428,235 to $4,199,822,999 (+13%).
- Registered or notice-filed in LA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Southeast Asset Advisors, LLC (CRD 107588): Form ADV filing data as of October 2026.