{"url":"https://nivawealth.com/firms/angel-oak-capital-advisors-151090","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/151090","regulatoryAum":11493913535,"crd":"151090","secFileNumber":"801-70670","legalName":"Angel Oak Capital Advisors, LLC","displayName":"Angel Oak Capital Advisors","website":"http://www.angeloakcapital.com","linkedinUrl":"https://www.linkedin.com/company/angel-oak-capital-advisors-llc","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"980 Hammond Drive, Suite 200","city":"Atlanta","state":"GA","stateName":"Georgia","country":"United States","postalCode":"30328"},"tradeNames":[],"registration":{"secApproved":"14 October 2009","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":78,"advisory":24,"brokerDealerReps":23,"insuranceAgents":1,"promoters":3},"aum":{"discretionary":11346334955,"discretionaryAccounts":37,"nonDiscretionary":147578580,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":10,"nonAumClients":0},"clientTypes":[{"label":"Banking or thrift institutions","clients":null,"regulatoryAum":141576879},{"label":"Investment companies","clients":11,"regulatoryAum":6899861634},{"label":"Pooled investment vehicles","clients":13,"regulatoryAum":1900761839},{"label":"Pension and profit-sharing plans","clients":null,"regulatoryAum":1047137372},{"label":"Other investment advisers","clients":null,"regulatoryAum":59954006},{"label":"Insurance companies","clients":10,"regulatoryAum":1444621805}],"fees":[],"feeNotes":[],"custodians":[{"name":"U.S. Bank National Association","shortName":"U.S. Bank National Association","location":"Milwaukee, WI","smaAssets":1558852075},{"name":"Bank of New York Mellon","shortName":"Bank of New York Mellon","location":"New York, NY","smaAssets":743119567}],"custodyNote":"Angel Oak Capital Advisors has custody of $67.4M for 1 clients.","otherCustodians":[],"leadership":[{"name":"Michael Fierman","title":"Co-Chief Executive Officer","crd":"5704566"},{"name":"Sreeniwas Prabhu","title":"Co-Chief Executive Officer and Group Chief Investment Officer","crd":"4124628"},{"name":"Manmohan Singh","title":"Chief Financial Officer","crd":"5018791"},{"name":"William Eldredge","title":"Chief Compliance Officer","crd":"7655117"},{"name":"Michael Colombo","title":"Chief Risk Officer","crd":"5987426"},{"name":"Timothy Saunders","title":"General Counsel","crd":"7050957"}],"ownership":[{"label":"Angel Oak Asset Management Holdings, LLC","detail":"Owner of angel oak capital advisors, llc in the 75% or more ownership band and a control person, since January 2020."},{"label":"Angel Oak Companies, LP","detail":"Indirect owner: a owner of angel oak asset management holdings, llc of Angel Oak Asset Management Holdings, LLC in the 75% or more band and a control person, since January 2020.","parent":"Angel Oak Asset Management Holdings, LLC"},{"label":"Angel Oak Companies, LLC","detail":"Indirect owner: a owner of angel oak companies, lp of Angel Oak Companies, LP in the 75% or more band and a control person, since October 2025.","parent":"Angel Oak Companies, LP"},{"label":"Brookfield Ao Holdings LLC","detail":"Indirect owner: a owner of angel oak companies, llc of Angel Oak Companies, LLC in the 50% to 75% band and a control person, since October 2025.","parent":"Angel Oak Companies, LLC"},{"label":"Brookfield Credit LLC","detail":"Indirect owner: a owner of brookfield ao holdings llc of Brookfield Ao Holdings LLC in the 75% or more band and a control person, since October 2025.","parent":"Brookfield Ao Holdings LLC"},{"label":"Brookfield US Inc.","detail":"Indirect owner: a owner of brookfield credit llc of Brookfield Credit LLC in the 75% or more band and a control person, since February 2024.","parent":"Brookfield Credit LLC"},{"label":"Brookfield US Holdings Inc.","detail":"Indirect owner: a owner of brookfield us inc. of Brookfield US Inc. in the 75% or more band and a control person, since May 2018.","parent":"Brookfield US Inc."},{"label":"Brookfield Asset Management Ulc","detail":"Indirect owner: a owner of brookfield us holdings inc. of Brookfield US Holdings Inc. in the 75% or more band and a control person, since December 2022.","parent":"Brookfield US Holdings Inc."},{"label":"Brookfield Asset Management LTD.","detail":"Indirect owner: a owner of brookfield asset management ulc of Brookfield Asset Management Ulc in the 75% or more band and a control person, since December 2022.","parent":"Brookfield Asset Management Ulc"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"Georgia","offices":1,"addresses":[{"street":"980 Hammond Drive, Suite 200","city":"Atlanta","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"1370 Avenue of the Americas","city":"New York"}]},{"state":"Washington","offices":1,"addresses":[{"street":"1300 114th Avenue Se","city":"Bellevue"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"404-953-4900","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"U.S. government/agency bonds","percent":1},{"label":"Investment grade corporate bonds","percent":24},{"label":"Derivatives","percent":4},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":70,"detail":"Asset-Backed Securities, Collateralized Debt Obligations, Collateralized Loan Obligations, Commercial Mortgage-Backed Securities, Preferreds, Residential Mortgage-Backed Securities, Whole Loans"}],"privateFunds":9},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/151090/PDF/151090.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Angel Oak Capital Advisors have?","answer":"Angel Oak Capital Advisors has 34 clients and manages $11.5 billion for them, as of March 2026. They include 13 pooled investment vehicles, 11 investment companies and 10 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Angel Oak Capital Advisors offer?","answer":"Angel Oak Capital Advisors provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Angel Oak Capital Advisors use?","answer":"Angel Oak Capital Advisors’ separately managed account assets are held at U.S. Bank National Association (Milwaukee, WI), with $1,558,852,075 and Bank of New York Mellon (New York, NY), with $743,119,567. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Angel Oak Capital Advisors have?","answer":"Angel Oak Capital Advisors has 1 investment adviser representatives registered with state securities authorities, out of 78 employees, and 24 perform investment advisory functions. 23 are registered representatives of a broker-dealer and 1 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Angel Oak Capital Advisors invest in?","answer":"At the end of its last fiscal year, Angel Oak Capital Advisors’ separately managed accounts held 70% asset-backed securities, collateralized debt obligations, collateralized loan obligations, commercial mortgage-backed securities, preferreds, residential mortgage-backed securities, whole loans, 24% investment grade corporate bonds, 4% derivatives, 1% U.S. government and agency bonds and 1% cash and equivalents. It advises 9 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Angel Oak Capital Advisors?","answer":"Angel Oak Capital Advisors is owned through a chain of holding companies by Brookfield Asset Management LTD. Its direct owner is Angel Oak Asset Management Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Angel Oak Capital Advisors get paid?","answer":"Angel Oak Capital Advisors is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/angel-oak-capital-advisors-151090/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-12","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1613158/000089418926022177/0000894189-26-022177-index.html","totalValue":79272639,"positionCount":30,"top10Share":0.808949831984274,"top10":[{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"SR LN ETF","cusip":"46138G508","value":36405121,"shares":1787193,"shareType":"SH","priorValue":39317742,"priorShares":1926396},{"issuer":"ANGEL OAK FUNDS TRUST","titleOfClass":"HIGH YIELD OPPOR","cusip":"03463K745","value":6503894,"shares":590973,"shareType":"SH","priorValue":7552335,"priorShares":690973},{"issuer":"ANGEL OAK FUNDS TRUST","titleOfClass":"TOTAL RETURN 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Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}