Asset manager · Nashville, TN
12th Street Asset Management
12th Street Asset Management LLC · SEC-registered investment adviser · CRD 153528 · SEC 801-76968
At a glance
12th Street Asset Management is an SEC-registered investment adviser based in Nashville, Tennessee, with $622 million in regulatory assets under management as of its Form ADV filed February 24, 2026. Its largest client group by assets is pension and profit sharing plans, and it reports 517 individual clients. By Form ADV it is a asset manager, ranked 1,583rd of 3,218 asset managers and 6,974th of 17,210 SEC-registered advisers by assets.
Main office 615-915-370112thstreetasset.comAs filed on Form ADV
- Regulatory AUM
- $622M
- Rank among asset managers
- #1,583 of 3,218
- Rank among all SEC RIAs
- #6,974 of 17,210
- Rank in Tennessee
- #85 of 227
- Individual clients
- 517
- High-net-worth clients
- 517
- Accounts
- 522
- Discretionary
- 100% of AUM
- Employees
- 5
- Advisory staff
- 5
- Offices
- 1
Owners and executives on its Form ADV
- Michael G. OkeefeChief Compliance Officer/ Chief Manager & Member
- David A. ShipmanMember
Custody and brokerage
5 custodians
- U.S. Bancorp Investments$296M52%
- UBS$92M16%
- Raymond James$62M11%
- Fidelity$57M10%
- Wells Fargo$57M10%
Other RIAs using U.S. Bancorp InvestmentsOther multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 4 | $296M | 48% |
| High-net-worth individuals | 517 | $263M | 42% |
| Pooled investment vehicles | 1 | $62M | 10% |
Private funds
12th Street Asset Management reports 1 private funds with $67M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
12th Street Asset Management reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗12thstreetasset.com ↗
AtlasMembers
The full record on 12th Street Asset Management
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 1,012 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does 12th Street Asset Management manage?
12th Street Asset Management reports $622 million in regulatory assets under management across 522 accounts, 100% of it on a discretionary basis, on its Form ADV filed February 24, 2026.
What kind of firm is 12th Street Asset Management?
12th Street Asset Management is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are 12th Street Asset Management’s clients?
By assets, its largest client types are pension and profit sharing plans ($296 million, 4 clients); high-net-worth individuals ($263 million, 517 clients); pooled investment vehicles ($62 million, 1 clients).
Does 12th Street Asset Management manage private funds?
Yes. It reports 1 private funds with $67 million in gross assets, including hedge funds.
Does 12th Street Asset Management have any disciplinary history?
12th Street Asset Management reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is 12th Street Asset Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-02-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →