{
  "crd_number": 105582,
  "slug": "southern-capital-services-inc-daphne-al-105582",
  "primary_business_name": "SOUTHERN CAPITAL SERVICES INC",
  "legal_name": "SOUTHERN CAPITAL SERVICES, INC.",
  "dbas": [],
  "city": "Daphne",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "19300",
  "metro": {
    "cbsa_code": "19300",
    "common_name": "Daphne",
    "msa_name": "Daphne-Fairhope-Foley, AL",
    "path": "/advisors/al/daphne"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-09-15",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-03-23",
  "carried_forward": false,
  "raum_total": 192480551.0,
  "raum_discretionary": 191499824.0,
  "raum_non_discretionary": 980727.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 6,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 246687.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 70702972.0,
      "count": 331
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 14085837.0,
      "count": 20
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 107445055.0,
      "count": 42
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "CA",
    "FL",
    "GA",
    "LA",
    "MS",
    "NH",
    "TN",
    "TX"
  ],
  "websites": [
    "https://facebook.com/SOUTHERNCAPITALSERVICESINC",
    "https://linkedin.com/COMPANY/SOUTHERN-CAPITAL-SERVICES",
    "https://southerncapitalservices.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105582",
  "city_as_filed": "DAPHNE",
  "url": "https://advisorcensus.com/firm/southern-capital-services-inc-daphne-al-105582",
  "display_name": "Southern Capital Services Inc",
  "summary": "Southern Capital Services Inc is an SEC-registered investment advisory firm in Daphne, AL, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 23, 2026.",
  "citation": "AdvisorCensus. Southern Capital Services Inc (CRD 105582): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Southern Capital Services Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Southern Capital Services Inc reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Southern Capital Services Inc's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 states: Up to $999,999: 1% a year; $1,000,000 to $2,999,999: 0.8% a year; $3,000,000 to $4,999,999: 0.7% a year; $5,000,000 to $9,999,999: 0.6% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Southern Capital Services Inc located?",
      "a": "Southern Capital Services Inc's principal office is in Daphne, AL, according to its Form ADV."
    },
    {
      "q": "Is Southern Capital Services Inc registered with the SEC or a state?",
      "a": "Southern Capital Services Inc is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 105582."
    },
    {
      "q": "How much does Southern Capital Services Inc manage?",
      "a": "Southern Capital Services Inc reports $192,480,551 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (99% discretionary)."
    },
    {
      "q": "How have Southern Capital Services Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Southern Capital Services Inc: Regulatory assets under management: $150,813,014 in the October 2021 data and $192,480,551 in the October 2026 data, up 28%. Total employees: 10 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Southern Capital Services Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (331); high net worth individuals (42); pension and profit sharing plans (but not the plan participants or government pension plans) (20)."
    },
    {
      "q": "Which custodians does Southern Capital Services Inc use?",
      "a": "Southern Capital Services Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Southern Capital Services Inc report any disciplinary disclosures?",
      "a": "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/105582"
    },
    {
      "q": "Does Southern Capital Services Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 says: \"There is no account minimum.\""
    },
    {
      "q": "What changed in Southern Capital Services Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $174,107,059 to $192,480,551 (+11%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 150813014.0,
      "total_employees": 10,
      "filing_date": "2021-08-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 176693052.0,
      "total_employees": 10,
      "filing_date": "2022-08-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 151865826.0,
      "total_employees": 10,
      "filing_date": "2023-04-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 157579779.0,
      "total_employees": 10,
      "filing_date": "2024-04-18"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 174107059.0,
      "total_employees": 9,
      "filing_date": "2025-03-13"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 192480551.0,
      "total_employees": 9,
      "filing_date": "2026-03-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $174,107,059 to $192,480,551 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 23, 2026",
    "tiers": [
      {
        "band": "Up to $999,999",
        "rate": "1%"
      },
      {
        "band": "$1,000,000 to $2,999,999",
        "rate": "0.8%"
      },
      {
        "band": "$3,000,000 to $4,999,999",
        "rate": "0.7%"
      },
      {
        "band": "$5,000,000 to $9,999,999",
        "rate": "0.6%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $999,999: 1% a year",
          "$1,000,000 to $2,999,999: 0.8% a year",
          "$3,000,000 to $4,999,999: 0.7% a year",
          "$5,000,000 to $9,999,999: 0.6% a year",
          "Above $10,000,000: 0.5% a year"
        ],
        "quotes": [
          "Up to $999,999 1.00% \n$1,000,000 - $2,999,999 0.80% \n$3,000,000 - $4,999,999 0.70% \n$5,000,000 - $9,999,999 0.60% \n$10,000,000 and Above 0.50%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "There is no account minimum."
        ]
      }
    ],
    "quotes": [
      "Up to $999,999 1.00% \n$1,000,000 - $2,999,999 0.80% \n$3,000,000 - $4,999,999 0.70% \n$5,000,000 - $9,999,999 0.60% \n$10,000,000 and Above 0.50%",
      "There is no account minimum."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/southern-capital-services-inc-daphne-al-105582.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 331,
      "fewer_than_5": false,
      "raum": 70702972.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 42,
      "fewer_than_5": false,
      "raum": 107445055.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 20,
      "fewer_than_5": false,
      "raum": 14085837.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 246687.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105582",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}