Centennial Partners, LLC (Memphis)

Name: Centennial Partners, LLC
Address: 6410 Poplar Avenue, Suite 650, Memphis, TN, 38119
Telephone: 901-213-5130

Centennial Partners, LLC is a large advisory firm based in Memphis. It manages $735.74 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Tennessee, and Texas.

Centennial Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Centennial Partners: assets under management

The assets under management (AUM) of Centennial Partners, LLC is $735.74 million. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $199.32 million in discretionary accounts and $536.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.92 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $536.42 million.

Centennial Partners has custody of $199.32 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Centennial Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. 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.

Careers at Centennial Partners, LLC

Centennial Partners, LLC is owned by Marvin Ernest Bruce. Joseph Stanley Wade has been acting as President since 1 Jul 2003. Llc Chinkapin Investment Company joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
D Canale & Co.	Owner	1 Feb 2000	25% - 50%	62-0148650
Marvin Ernest Bruce	Owner	1 Feb 2000	Other	5008926
Joseph Stanley Wade	President/owner	1 Jul 2003	Other	803189
Llc Consulting Services Group	Owner	1 Jul 2003	Other	107048
D Canale & Co.	Owner	1 Jul 2003	Other	62-0148650
Marvin Ernest Bruce	Director/owner	1 Jul 2003	Other	5008926
Tina Marie Badciong	Chief financial officer	1 Dec 2003	Other	5008936
Llc Wilson Capital Partners	Owner	1 May 2004	Other	20-1137941
Spence Lee Wilson	Director	1 Aug 2004	Other	1469147
Tina Marie Badciong	Cfo, cco	1 Aug 2005	Other	5008936
Michael Shannon Rhodes	Managing director	1 Oct 2005	Other	2371950
Michael Anthony Robinson	Owner	1 Aug 2006	Other	1481208
John Wright Apperson	Managing director	1 Jan 2007	Other	2116364
Tiffany Faith Flock	Chief compliance officer	1 Jun 2007	Other	5368579
Tiffany Faith Hinson	Chief compliance officer	1 Jun 2007	Other	5368579
Douglas P. Quay	Board member	1 Feb 2008	Other	5499061
Douglas Peter Quay	Chairman of the board	1 Feb 2008	Other	5499061
Paul Bradley Anderson	Chief operating officer	1 Apr 2008	Other	2337673
Paul Bradley Anderson	Chief executive officer/ president	1 Feb 2009	Other	2337673
Laura B. Meek	Chief compliance officer	1 Sep 2011	Other	1946236
Llc Zilker Park Partners	Owners	1 Apr 2012	50% - 75%	45-4201295
John Gordon Mccolskey	President	1 Apr 2012	Other	2160581
Thomas Joseph Meredith	Chairman of board	1 Apr 2012	25% - 50%	4735052
Alex Charles Smith	Member board of managers/indirect owner	1 Apr 2012	25% - 50%	4734847
Llc Chinkapin Investment Company	Member	1 Jun 2012	Other	45-5596621

Indirect Owners

The SEC currently registers 23 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John D Canale	President	1 Jun 1962	25% - 50%	2228083
Christopher W Canale	Secretary	1 Jun 1962	25% - 50%	2498212
John D Canale Iii	President	1 Jun 1962	25% - 50%	2228083
Alice Dixon Grotnes	Member	1 Dec 1995	25% - 50%	6100113
Edgar Lee Giovannetti	Ceo/president	1 Jul 1999	Other	703597
Joe David Meals	Secretary	1 Jul 1999	Other	1295902
Christopher W Canale	Owner	1 Feb 2000	25% - 50%	2498212
Lynn Meredith	Member	1 May 2003	50% - 75%	5063316
Robert Allen Wilson	Owner	1 May 2004	25% - 50%	1469149
Charles Kemmons Jr Wilson	Owner	1 May 2004	25% - 50%	1469152
Spence Lee Wilson	Owner	1 May 2004	25% - 50%	1469147
Charles Eugene Martin	Presiding manager	1 May 2004	Other	2446655
L.P. Jdc Investments	Owner	1 Dec 2008	25% - 50%	26-2482568
Inc. Canale Bros.	General partner	1 Dec 2008	Other	62-1808246
John D Canale Iii	Limited partner	1 Dec 2008	75% - 100%	2228083
Christopher W Canale	Owner	1 Dec 2008	50% - 75%	2498212
Llc Zilker Park Ventures	Owner	1 Jan 2012	50% - 75%	45-4203435
Llc Zilker Park Capital	Owner	1 Jan 2012	50% - 75%	45-4216633
Thomas Joseph Meredith	Owner	1 Jan 2012	50% - 75%	4735052
Meredith Family Revocable Trust	Owner	1 Jan 2012	75% - 100%	xxx-xx-xxxx
Alex Charles Smith	Managing member	1 Jan 2012	75% - 100%	4734847
Joseph Stanley Wade	Managing member	1 Apr 2012	50% - 75%	803189
Dixon Capital Lp	Member	1 Jun 2012	25% - 50%	63-0944809

Based in Memphis

The principal office where Centennial Partners, LLC performs its advisory services is located at 6410 Poplar Avenue, Suite 650, Memphis, TN 38119, which is also the mailing address of the firm. An additional office of the firm is in Miami, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 901-213-5130 or by fax 901-213-5131. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.centennialfunds.com.