Tabula Rasa, LLC (Birmingham)

Name: Tabula Rasa, LLC
Address: 110 Office Park Drive, Suite # 100, Birmingham, AL, 35223
Telephone: 205-837-1889

Tabula Rasa, LLC is an adviser based in Birmingham. It manages $9.79 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Alabama.

Tabula Rasa provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tabula Rasa: assets under management

The assets under management (AUM) of Tabula Rasa, LLC is $9.79 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $9.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $890.2 thousand each.

Tabula Rasa has custody of $5.56 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in non-exchange traded securities form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tabula Rasa, LLC 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.

What kind of clients Tabula Rasa serves?

The only and largest group of clients of Tabula Rasa is individuals with 9 clients and $2.9 million of assets under management. Among the 1 most similar advisory firms, Tabula Rasa has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.9 million for 9 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Tabula Rasa doesn't advise any private funds.

Careers at Tabula Rasa, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jerry D Callahan	Managing principal/ member/ chief compliance officer	1 Jul 2018	75% - 100%	4583694

Based in Birmingham

The principal office where Tabula Rasa, LLC performs its advisory services is located at 110 Office Park Drive, Suite # 100, Birmingham, AL 35223, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205-837-1889. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at tabularasaadvisors.com.