Asset manager · Charlotte, NC
First Tryon Advisors
FTA Asset Management, LLC · SEC-registered investment adviser · CRD 332377 · SEC 801-131148
At a glance
First Tryon Advisors is an SEC-registered investment adviser based in Charlotte, North Carolina, with $1.0 billion in regulatory assets under management as of its Form ADV filed September 24, 2026. Its largest client group by assets is state or municipal government entities. By Form ADV it is a asset manager, ranked 1,353rd of 3,218 asset managers and 5,348th of 17,210 SEC-registered advisers by assets.
Main office 704-926-2453firsttryon.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among asset managers
- #1,353 of 3,218
- Rank among all SEC RIAs
- #5,348 of 17,210
- Rank in North Carolina
- #79 of 288
- Clients
- 14
- Accounts
- 16
- Discretionary
- 1% of AUM
- Employees
- 13
- Advisory staff
- 7
- Offices
- 3
Owners and executives on its Form ADV
- Heber K. BrunnemerCEO, CCO
Custody and brokerage
Custodian
First Tryon Advisors’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
First Tryon Advisors is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: First Tryon Securities, LLC.
- First Tryon Securities, LLC ↗CRD 7336
An introducing broker-dealer: its trades clear through Hilltop Securities, which holds the brokerage accounts. Its annual audited report filed with the SEC, April 2026
Its Form ADV brochure (filed March 2026) names First Tryon Securities as the broker-dealer its advisers are registered with.
ITEM 10 - Other Financial Industry Activities and Affiliations Heber Keith Brunnemer III is licensed with First Tryon Securities, LLC, (CRD# 7336) the Firm’s affiliated broker-deal.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| State or municipal government entities | – | $883M | 87% |
| Charitable organizations | 14 | $128M | 13% |
Disciplinary disclosures
First Tryon Advisors reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for businesses and institutions
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗firsttryon.com ↗
AtlasMembers
The full record on First Tryon Advisors
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, 2 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 995 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 1 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does First Tryon Advisors manage?
First Tryon Advisors reports $1.0 billion in regulatory assets under management across 16 accounts, 1% of it on a discretionary basis, on its Form ADV filed September 24, 2026.
What kind of firm is First Tryon Advisors?
First Tryon Advisors 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 First Tryon Advisors’s clients?
By assets, its largest client types are state or municipal government entities ($883 million); charitable organizations ($128 million, 14 clients).
Does First Tryon Advisors have any disciplinary history?
First Tryon Advisors 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 First Tryon Advisors’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 (2026-09-24), 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 →