Consulting Services Group, LLC (Memphis)


Consulting Services Group, LLC is a large advisory firm based in Memphis. It manages $20.94 billion of regulatory assets for 63 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Louisiana, New York, Tennessee, and Texas.

Consulting Services Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and performance reporting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Consulting Services Group: assets under management

The assets under management (AUM) of Consulting Services Group, LLC is $20.94 billion. The firm's AUM has gone down by -21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $33.6 million in discretionary accounts and $20.9 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.6 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $337.14 million.

Fees & Commissions

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

Careers at Consulting Services Group, LLC

Fred Joseph Hodges has been acting as President since 1 Jul 1999. Robert Alan Longfield joined the executive team most recently as the Chief Executive Officer / Csg Holdings, Llc.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kurt Austin Voldeng Evp 1 Apr 1990 Other 2099561
Fred Joseph Hodges Chairman 1 May 1990 Other 247394
Edgar Lee Giovannetti Ceo 1 May 1990 Other 703597
Joe David Meals Evp 1 May 1990 Other 1295902
Michael Anthony Robinson Member 1 May 1990 Other 1481208
Brian L Jones President 1 May 1990 Other 2153188
D. Canale & Co. Member 1 Jul 1996 Other 62-0148650
Robert Alan Longfield Evp 1 Oct 1997 Other 2099575
Miles Slocum Fortas Evp / cfo 1 Aug 1998 Other 4348768
Kurt Austin Voldeng Evp 1 Apr 1999 Other 2099561
Fred Joseph Hodges Chairman 1 Jul 1999 Other 247394
Edgar Lee Giovannetti President / ceo 1 Jul 1999 Other 703597
Joe David Meals Evp / compliance officer 1 Jul 1999 Other 1295902
Miles Slocum Fortas Evp / cfo 1 Jul 1999 Other 4348768
Michael Anthony Robinson Member 1 Jul 1999 Other 1481208
D. Canale & Co. Member 1 Jul 1999 Other 62-0148650
Brian L Jones President 1 Jun 2003 Other 2153188
Edward Rudolph Balsmann General counsel / chief compliance officer 1 Feb 2007 Other 2601042
Llc Csg Holdings Member 1 Jan 2009 75% - 100% 26-3965980
Miles Slocum Fortas Chief compliance officer 1 Jul 2010 Other 4348768
Robert Alan Longfield Chief executive officer / csg holdings, llc 1 Apr 2012 Other 2099575

Indirect Owners

The SEC currently registers 14 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 Owner 1 Dec 2008 75% - 100% 2228083
Lp Jdc Investments Owner 1 Dec 2008 25% - 50% 26-2482568
Inc. Canale Brothers General partner 1 Dec 2008 Other 62-1808246
Christopher Webster Canale Owner 1 Dec 2008 50% - 75% 2498212
John Dominic Canale Iii Owner 1 Dec 2008 50% - 75% 2228083
D. Canale & Co. Member 1 Jan 2009 25% - 50% 62-0148650
Christopher Webster Canale Limited partner 1 Dec 2010 75% - 100% 2498212
Lp Cwc Family Owner 1 Dec 2010 25% - 50% 27-4335738
Inc. Canale Brothers General partner 1 Dec 2010 Other 62-1808246
Joseph Vincent Robinson Member/elected manager 1 Apr 2012 Other 1973345
Michael Anthony Robinson Member/elected manager 1 Apr 2012 Other 1481208
Kurt Austin Voldeng Member/elected manager 1 Apr 2012 Other 2099561

Based in Memphis

The principal office where Consulting Services Group, LLC performs its advisory services is located at 6075 Poplar Ave, Memphis, TN 38119, 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 901-761-8080 or by fax 901-682-4090. The normal business hours are 8:00 a.m. - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.csgllc.com.