Southtrust Bank (Birmingham)


Southtrust Bank is an adviser based in Birmingham. It manages $2 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama and Georgia.

Southtrust Bank provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Southtrust Bank: assets under management

The assets under management (AUM) of Southtrust Bank is $2 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $333.33 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Southtrust Bank for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Birmingham

The principal office where Southtrust Bank performs its advisory services is located at 420 N. 20 Th Street, Birmingham, AL 35203, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 205-254-5261 or by fax 205-254-4532. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at southtrust.com.