Portfolio Advisory Council, L.L.C.
- Regulatory AUM
- $495M
- Discretionary
- $394M
- Clients
- 567
- Avg AUM / client
- $873K
- Accounts
- 971
- Employees
- 9
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 11, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 420 | $253M | 51.1% |
| High net worth individuals | 130 | $141M | 28.6% |
| Pension and profit sharing plans | 17 | $101M | 20.3% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| I.A.T.S.E. Local Union No 51 Defined Contribution Pension Plan I.A.T.S.E. Local Union No 51 | Houston, TX | 2024 |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| James William Hamilton | Non Managing Partner | Aug 1998 (28y) | 25% – 50% | |
| Philip Bruce Moran | Managing Partner, Compliance Officer | CFP Chartered Financial Consultant | Aug 1998 (28y) | 25% – 50% |
| William Thomas Sutton | Managing Partner & Chief Compliance Officer | Aug 1998 (28y) | 25% – 50% | |
| Wendy Ellen Birkinshaw Korman | Registered representative | CFP Personal Financial Specialist | Sep 2005 (21y) | |
| Jerry Michael Smith | Registered representative | Aug 2006 (20y) | ||
| John Clauge Husbands | Registered representative | Dec 2006 (20y) | ||
| Clifton Ford Moran | Registered representative | Jul 2022 (4y) |
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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| I.A.T.S.E. Local Union No 51 Defined Contribution Pension Plan | I.A.T.S.E. Local Union No 51 | 678 | $20.8M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/11/2026 | 1.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FAILURE TO NOTICE FILE AS AN INVESTMENT ADVISOR REPRESENTATIVE WITH FIRM Status: Final Sanction Detail: REPRIMAND, CEASE & DESIST, ADMINISTRATIVE FINE- NO OTHER SANCTIONS TO FOLLOW Summary: RELIED ON FIRM OF HUBER, CORDONO & MORING, LP TO HANDLE REGISTRATION REQUIREMENTS: WAS NOT NOTIFIED THAT MY REGISTRATION WAS NOT CURRENT UNTIL PRINCIPAL OF FIRM WAS AUDITED
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $394M (80% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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 11, 2026.
View current Form ADV (SEC/IAPD) ↗