Robert Harrell Incorporated
- Regulatory AUM
- $885M
- Discretionary
- $3.5M
- Clients
- 67
- Avg AUM / client
- $13.2M
- Accounts
- 67
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of Mar 06, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 48 | $178M | 20.1% |
| Banking or thrift institutions | 2 | $61.4M | 6.94% |
| Pension and profit sharing plans | 1 | $44.6M | 5.04% |
| Charitable organizations | 6 | $85.4M | 9.64% |
| State or municipal government entities | 8 | $460M | 51.9% |
| Corporations and other businesses | 1 | $3.2M | 0.36% |
| Other | 1 | $52.7M | 5.95% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Robert Lee Harrell | Chief Executive Officer | Jul 1991 (35y) | 25% – 50% | |
| Sandra Kaye Larsen Harrell | President/Secretary/Treasurer/Chief Operating Officer | Feb 1994 (32y) | 50% – 75% | |
| William Butler Harrell | Chief Compliance Officer | Jan 2011 (16y) | Less than 5% | |
| David Harris James | Registered representative | Sep 2010 (16y) | ||
| Charles Browder Smith | Registered representative | Apr 2014 (12y) | ||
| Vance Michael Arnold | Registered representative | CFA | Dec 2024 (2y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/06/2026 | 962 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Moody Bank $454M (47% of AUM) Mar 2025
- Sei Investments Distribution Co. $433M (49% of AUM) Mar 2026
- Jefferson Bank $117M (13% of AUM) Mar 2026
- Frost Bank $95.0M (11% of AUM) Mar 2026
- Charles Schwab & Co. $80.0M (9% of AUM) Jan 2023
- Wells Fargo $74.6M (10% of AUM) Feb 2022
- United Bank Of Switzerland $49.3M (5% of AUM) Jan 2023
- U.S. Bank $40.0M (4% of AUM) Jan 2023
- Midfirst Bank $4.1M (0% of AUM) Jan 2023
- Interactive Brokers $3.2M (0% of AUM) Jan 2023
- Fidelity Brokerage Services $3.1M (0% of AUM) Jan 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 06, 2026.
View current Form ADV (SEC/IAPD) ↗