{"url":"https://nivawealth.com/firms/southern-capital-services-105582","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105582","regulatoryAum":192480551,"crd":"105582","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7325654","suffix":"III","lastName":"Dixon","firstName":"Larry","middleName":"Edward"},{"crd":"733703","suffix":null,"lastName":"HUNT","firstName":"MICHELLE","middleName":null},{"crd":"4780140","suffix":null,"lastName":"NAGER","firstName":"ERIC","middleName":"MCCREARY"},{"crd":"344567","suffix":null,"lastName":"NAGER","firstName":"TERRY","middleName":"EDWARD"},{"crd":"1985291","suffix":null,"lastName":"NELSON BAILEY","firstName":"WENDY","middleName":"LOUISE"}],"total":5,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-07-07","regulatoryAum":150813014,"clients":380,"employees":10,"offices":1},{"filedOn":"2022-07-28","regulatoryAum":176693052,"clients":386,"employees":10,"offices":3},{"filedOn":"2023-04-03","regulatoryAum":151865826,"clients":377,"employees":10,"offices":3},{"filedOn":"2024-04-18","regulatoryAum":157579779,"clients":385,"employees":10,"offices":3},{"filedOn":"2025-03-13","regulatoryAum":174107059,"clients":706,"employees":9,"offices":4},{"filedOn":"2026-03-23","regulatoryAum":192480551,"clients":394,"employees":9,"offices":4}],"secFileNumber":"801-111685","legalName":"Southern Capital Services, Inc.","displayName":"Southern Capital Services","slug":"southern-capital-services-105582","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/southern-capital-services/","founded":null,"organization":"Alabama corporation","fiscalYearEnd":"December","headquarters":{"street":"29000 US Hwy 98, The Summit, Suite 203-B","city":"Daphne","state":"AL","stateName":"Alabama","country":"United States","postalCode":"36526"},"tradeNames":[],"registration":{"secApproved":"15 September 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":477608.6514745308,"staff":{"employees":9,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":2},"aum":{"regulatory":192480551,"discretionary":191499824,"discretionaryAccounts":695,"nonDiscretionary":980727,"nonDiscretionaryAccounts":5,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":331,"regulatoryAum":70702972},{"label":"High-net-worth individuals","clients":42,"regulatoryAum":107445055},{"label":"Pension and profit-sharing plans","clients":20,"regulatoryAum":14085837},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":246687}],"feePrograms":[{"role":"main","program":"Investment Supervisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060807","versionId":1060807,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-10-12","documentName":"ADV PART 2A + 2B","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:48:03.298625+00:00","documents":[{"name":"ADV PART 2A + 2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060807","versionId":1060807,"submittedOn":"2026-10-12"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":192480552}],"custodyNote":"Southern Capital Services does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Terry Nager","title":"President","crd":"344567"},{"name":"Wendy Nelson Bailey","title":"Chief Compliance Officer; 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They include 331 individual clients, 42 high-net-worth individuals, and 20 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Southern Capital Services offer?","answer":"Southern Capital Services provides portfolio management for individuals and small businesses and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Southern Capital Services charge?","answer":"Southern Capital Services charges 0.50%–1.00% a year for its Investment Supervisory Services. The fee is billed in advance and is negotiable.","source":"ADV PART 2A + 2B, filed 12 October 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Southern Capital Services use?","answer":"Southern Capital Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $192M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Southern Capital Services have?","answer":"Southern Capital Services has 6 investment adviser representatives registered with state securities authorities, out of 9 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Southern Capital Services invest in?","answer":"At the end of its last fiscal year, Southern Capital Services’ separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities, 2% cash and equivalents and 1% U.S. government and agency bonds.","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 Southern Capital Services?","answer":"Southern Capital Services’ direct owners are Terry Nager (50% to 75%) and David Lindsey (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Southern Capital Services get paid?","answer":"Southern Capital Services is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees 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"}},{"question":"How do I contact Southern Capital Services?","answer":"Southern Capital Services’ main office is at 29000 US Hwy 98, The Summit, Suite 203-B, Daphne, AL 36526. Its phone number is 251-626-1140.","source":"Form ADV Part 1A, Item 1.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/southern-capital-services-105582/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-23","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/711987/000208585326000816/0002085853-26-000816-index.html","totalValue":178135643,"positionCount":29,"top10Share":0.666407912536628,"top10":[{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR TECHN ETF","cusip":"81369Y803","value":27716617,"shares":145479,"shareType":"SH","priorValue":23078140,"priorShares":173650},{"issuer":"FIRST TR EXCHANGE-TRADED FD","titleOfClass":"FT VEST TEC","cusip":"33738D812","value":17215921,"shares":542063,"shareType":"SH","priorValue":14860798,"priorShares":559518},{"issuer":"VANGUARD WORLD FD","titleOfClass":"HEALTH CAR 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Facts as filed; not a rating, ranking, or recommendation. Niva 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."}