Southcol Advisors

SouthCol Advisors, LLC is a registered investment adviser based in Naples, FL, established in 2020 by James W. Lumberg. The firm manages $165,335,684 in regulatory assets under management on a discretionary basis as of December 31, 2024. SouthCol offers investment advisory services to institutions, high net worth individuals, and families, acting as a fiduciary in the best interest of clients. The firm provides customized fiduciary consulting, investment advisory services, and mission-aligned portfolios. SouthCol primarily allocates client assets across various asset classes managed by independent third-party investment managers available through Envestnet Asset Management, Inc. The firm charges fees based on a percentage of assets under management, with fees prorated for each capital contribution and withdrawal. SouthCol does not charge performance-based fees and generally requires a minimum account size of $10 million for institutional clients and $1 million for private wealth management clients, with the ability to waive these minimums at the adviser's discretion. The firm does not engage in principal or agency cross transactions and does not vote proxies on behalf of clients. Clients receive quarterly performance reports and have access to online account reports through the Platform Manager. SouthCol does not engage in solicitation arrangements or receive compensation for client referrals. The firm does not have custody of client assets and maintains investment discretion, with the ability to manage assets on a non-discretionary basis in limited circumstances.