Second Line Capital, LLC

RIASEC Registered

Total AUM

$1.3B

Discretionary

$1.3B

100% of AUM

Avg account

$1.1M

Accounts

1,199

Employees

Advisory reps

Firm details

Headquarters: Metairie, Louisiana
CRD number: 324386
Registered since: September 19, 2023
Website: www.secondlinecapital.com
Custodians: LPL FINANCIAL LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Pension & Profit Sharing Plans49.26%
HNWI36.45%
Individuals13.86%
Corporations / Businesses0.39%
Charitable Organizations0.04%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Second Line Capital, LLC is an independent registered investment adviser that began SEC registration in 2023. The firm operates as a capital allocator and serves both individual/family and institutional clients, offering financial planning and portfolio management for individuals, small businesses and institutions, along with selection of other advisers. Its business mix includes insurance brokerage alongside advisory services. Fee arrangements include percentage-of-AUM billing as well as hourly and fixed-fee engagements. The firm does not describe itself as an active ESG investor. Ownership is a mix of a domestic entity and individual owners. The adviser is not identified as a multi-state adviser in the source data.