Ccg Asset Management, LLC (Jackson)


Ccg Asset Management, LLC is a large advisory firm based in Jackson. It manages $640.98 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Louisiana, and Mississippi.

Ccg Asset Management provides portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and state and government entities. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ccg Asset Management: assets under management

The assets under management (AUM) of Ccg Asset Management, LLC is $640.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 190% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $640.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.82 million each.

Investments

The firm invests in government bonds the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ccg Asset Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ccg Asset Management serves?

The only and largest group of clients of Ccg Asset Management is state or municipal government entities with 3 clients and $640.98 million of assets under management. Among the 7 most similar advisory firms, Ccg Asset Management has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $640.98 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Ccg Asset Management doesn't advise any private funds.

Careers at Ccg Asset Management, LLC

The company employs 3 people that are either part- or full-time employees. 33 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
Llc The Comer Group Owner 1 Jan 2013 75% - 100% 46-1968729
Jervis Bennett Hough Chief compliance officer 1 Feb 2013 Other 4291302
Allison Mercedes King Chief compliance officer 1 Apr 2018 Other 6970358

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Brandon Louis Comer Managing member 1 Jan 2013 Other 4813473

Based in Jackson

The principal office where Ccg Asset Management, LLC performs its advisory services is located at 1880 Lakeland Drive, Jackson, MS 39216, which is also the mailing address of the firm. An additional office of the firm is in Fair Oaks, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 769-257-5039 or by fax 888-391-2630. The normal business hours are 8:00am - 4:30pm on Monday - Friday.