DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Southern Equity Advisors LLC

Wealth manager with institutional or fund businessSt. Thomas, VICRD 330821SEC 801-130324websiteIAPD
Latest filing Mar 20, 2026
First filing on the tape Apr 22, 2024 · 8 filings
SEC status approved since May 22, 2024
RAUM
$788M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
46%
$366M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$788M as of Mar 20, 2026
Mar 26, 2025$548M then
HNW client RAUM$366M as of Mar 20, 2026
Mar 26, 2025$366M then
State-registered IARs (5.B.3)0 as of Mar 20, 2026
Mar 26, 20250 then
Employees (5.A)2 as of Mar 20, 2026
Mar 26, 20252 then
Private funds5 as of Mar 20, 2026
Mar 26, 20256 then
RAUM +44% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$122MderivedHNW RAUM over HNW clients
Average account
$60.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+44%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$396M, 4 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$366M60%
  • Pooled investment vehicles$213M35%
  • Corporations and businesses$30.1M4.9%
Individual clients
n/areported
HNW clients
3reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$396M for 4 clientsreported
Compensation
% of AUM, hourly, performancereported
Class basis
private_client_share=0.46 fund_share=0.27 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      DcmfHedge Fund$136M50Sep 4, 2024
      TscfiVenture Capital Fund$22.5M35Sep 4, 2024
      SenergyPrivate Equity Fund$12.9M7Sep 4, 2024
      SevfiiVenture Capital Fund$6.7M8Sep 4, 2024
      SeiiPrivate Equity Fund$1.9M3Sep 4, 2024
      SetslVenture Capital Fund$100,0004Sep 4, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • Allen Nance · Managing Member & Ccocontrol
        since 03/2024 · owns 75% or more
      Related persons
      Schedule D 7.A
      • Dc Feeder Gp LLC
        pooled vehicle sponsorn
      • Master Gp (Cayman) Ltd
        pooled vehicle sponsorn
      • Se Credit Management, LLC
        investment advisern
      • Se Ventures Management LLC
        investment advisern
      • Southern Equity LLC
        investment advisern
      • Southern Equity Ventures LLC
        pooled vehicle sponsorn
      • Techsquare Capital, LLC
        investment advisern
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      3 against comparable advisers; where to look, not conclusions
      • HNW share shiftChange between filings · filing Mar 20, 2026
        HNW share of RAUM moved from 67.0% to 46.0% between the annual amendments of 2025-03-26 and 2026-03-20
        peers: independent wealth managers, $500M to $1B (1,483)
      • client mix shiftChange between filings · filing Mar 20, 2026
        private-client share of RAUM moved from 67.0% to 46.0% between the annual amendments of 2025-03-26 and 2026-03-20
        peers: independent wealth managers, $500M to $1B (1,483)
      • RAUM up 25 %Change between filings · filing Mar 20, 2026
        RAUM (Item 5.F) moved from $548,442,621 to $788,115,434 (+44.0%) between the annual amendments of 2025-03-26 and 2026-03-20; the peer median change was +16.0% (1386 comparable advisers, 92.0th percentile of changes)
        peers: independent wealth managers, $500M to $1B (1,386) · 92% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 12 to 13
        Dec 4, 2025 to Mar 20, 2026
      • HNW clients · 5 to 3
        Dec 4, 2025 to Mar 20, 2026
      • Pooled vehicle clients · 5 to 7
        Dec 4, 2025 to Mar 20, 2026
      • Assets in custody · $210M to $396M
        Dec 4, 2025 to Mar 20, 2026
      • Discretionary RAUM · $633M to $788M
        Dec 4, 2025 to Mar 20, 2026
      • HNW RAUM · $368M to $366M
        Dec 4, 2025 to Mar 20, 2026
      • Pooled vehicle RAUM · $195M to $213M
        Dec 4, 2025 to Mar 20, 2026
      • RAUM · $633M to $788M
        Dec 4, 2025 to Mar 20, 2026
      • Accounts · 9 to 12
        May 12, 2025 to Dec 4, 2025
      • Corporate clients · unset to 1.0
        May 12, 2025 to Dec 4, 2025
      • HNW clients · 3 to 5
        May 12, 2025 to Dec 4, 2025
      • Pooled vehicle clients · 6 to 5
        May 12, 2025 to Dec 4, 2025
      • Private funds · 6 to 5
        May 12, 2025 to Dec 4, 2025
      • Discretionary RAUM · $548M to $633M
        May 12, 2025 to Dec 4, 2025
      • HNW RAUM · $366M to $368M
        May 12, 2025 to Dec 4, 2025
      • Pooled vehicle RAUM · $182M to $195M
        May 12, 2025 to Dec 4, 2025
      • RAUM · $548M to $633M
        May 12, 2025 to Dec 4, 2025
      • Financial planning clients · unset to
        Mar 26, 2025 to May 12, 2025
      • Discretionary RAUM · $389M to $548M
        Sep 4, 2024 to Mar 26, 2025
      • HNW RAUM · $210M to $366M
        Sep 4, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $180M to $182M
        Sep 4, 2024 to Mar 26, 2025
      • RAUM · $389M to $548M
        Sep 4, 2024 to Mar 26, 2025
      • Accounts · 0 to 9
        May 15, 2024 to Sep 4, 2024
      • Advisory activities · 2 to 3
        May 15, 2024 to Sep 4, 2024
      • HNW clients · unset to 3.0
        May 15, 2024 to Sep 4, 2024
      • Pooled vehicle clients · unset to 6.0
        May 15, 2024 to Sep 4, 2024
      • Assets in custody · unset to 209595720.0
        May 15, 2024 to Sep 4, 2024
      • Custody of client assets · false to true
        May 15, 2024 to Sep 4, 2024
      • Private funds · unset to 6
        May 15, 2024 to Sep 4, 2024
      • Discretionary RAUM · $0 to $389M
        May 15, 2024 to Sep 4, 2024
      • HNW RAUM · unset to 209595720.0
        May 15, 2024 to Sep 4, 2024
      • Pooled vehicle RAUM · unset to 179590142.0
        May 15, 2024 to Sep 4, 2024
      • RAUM · $0 to $389M
        May 15, 2024 to Sep 4, 2024
      • Related adviser · false to true
        May 9, 2024 to May 15, 2024
      Signals
      2 dated events
      • Southern Equity Advisors Llc reported RAUM $548.4M, up 41% from $389.2M (2024-09-04 to 2025-03-26)
        Mar 26, 2025 · RAUM change · derived
      • Southern Equity Advisors Llc filed its initial SEC registration (Form ADV)
        Apr 22, 2024 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/southernequityreportedpublic record, Form ADV, Sep 17, 2026
      Website
      SOUTHERNEQUITY.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      877-240-9233reportedpublic record, Form ADV, Mar 20, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026