Southstate Private Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 251–500 clients last fiscal year.
Southstate Private Capital Management reports 712 clients. They include 346 individual clients, 219 high-net-worth individuals, and 91 pension and profit-sharing plans. Of its assets, 88.8% ($4.4B across 1,502 accounts) are managed with discretion; $555M across 81 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 3% |
| High-net-worth individuals | 31% | 13% |
| Banking or thrift institutions | 0% | 66% |
| Pension and profit-sharing plans | 13% | 12% |
| Charitable organizations | 5% | 3% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Corporations and other businesses | 3% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 346 | $172M | 3.5% | $497K |
| High-net-worth individuals | 219 | $667M | 13.4% | $3.04M |
| Banking or thrift institutions | Fewer than 5 | $3.27B | 65.9% | — |
| Pension and profit-sharing plans | 91 | $572M | 11.5% | $6.29M |
| Charitable organizations | 33 | $159M | 3.2% | $4.82M |
| State or municipal government entities | Fewer than 5 | $35.5M | 0.7% | — |
| Other investment advisers | Fewer than 5 | $1.85M | 0.0% | — |
| Insurance companies | Fewer than 5 | $22.7M | 0.5% | — |
| Corporations and other businesses | 23 | $59.3M | 1.2% | $2.58M |
| Total | 712 | $4.96B | 100% | — |
- Clients
- 346
- Regulatory AUM
- $172M
- AUM share
- 3.5%
- Avg. per client
- $497K
- Clients
- 219
- Regulatory AUM
- $667M
- AUM share
- 13.4%
- Avg. per client
- $3.04M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.27B
- AUM share
- 65.9%
- Avg. per client
- —
- Clients
- 91
- Regulatory AUM
- $572M
- AUM share
- 11.5%
- Avg. per client
- $6.29M
- Clients
- 33
- Regulatory AUM
- $159M
- AUM share
- 3.2%
- Avg. per client
- $4.82M
- Clients
- Fewer than 5
- Regulatory AUM
- $35.5M
- AUM share
- 0.7%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $1.85M
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $22.7M
- AUM share
- 0.5%
- Avg. per client
- —
- Clients
- 23
- Regulatory AUM
- $59.3M
- AUM share
- 1.2%
- Avg. per client
- $2.58M
Total
- Clients
- 712
- Regulatory AUM
- $4.96B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Southstate Private Capital Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Southstate Bank, N.A. owns 75% or more of Southstate Private Capital Management and is in turn owned by Southstate Bank Corporation (75% or more). The leadership team of Southstate Private Capital Management includes President David Kirkpatrick, Chief Investment Officer Brian Barker and Chief Compliance Officer Kara E Marsh. It has 38 employees, 27 of them in advisory roles.
Leadership
- David KirkpatrickVice President
- Kara E MarshChief Compliance Officer
- Brian BarkerChief Investment Officer
- Kelly GardnerDirector of Retirement Plan Services
- Shawn HarrisManaging Director
- Raymond HrinDirector of Wealth
- Elisabeth LounsburyDirector of Operations
Investment adviser representatives
29 representatives listed in the SEC register as of 9 October 2026.
- Jon Peter Ahrens
- Brian Alan Barker
- William Lewis Barlow V.
- William Harold Beecher JR
- Matthew Conner Day
- Kyle Brooks Dwyer
- Ethan Earl
- Robert Bolling Fauntleroy
- Joshua David Forkey
- Giles Rudolph Arthur Fox
- Christopher John Frey
- Shawn Harris
- Aaron Benjamin Justice
- Joseph Terence Keating
- Peter Keilman
- David Murray Kirkpatrick
- Darrell Eugene Laing
- Ariel Alejandro Marin
- Martin Cadenhead McWilliams III
- Donna Sawyer Murray
- Samuel I Ogbonna JR.
- Rebecca Leigh Page
- Jenna Marie Ricci
- Jason Enrico Romero
- Robin Smith Roseman
- Marion Franklin Sanders
- Jennifer Ahendt Thompson
- Eric Jason Walker
- Steven F Wickline
Staff
- 38 employees
- 27 in advisory functions
- 27 state-registered reps
- 1 broker-dealer rep
- 1 soliciting firm
- Owns 75% or more of Southstate Private Capital Management LLC
Southstate Bank, N.A.
Control person · since January 2025
- Owns 75% or more of Southstate Bank, N.A.
Southstate Bank Corporation
Control person · since February 1985
Southstate Private Capital Management’s regulatory assets grew 3.8× from $1.31B (July 2021) to $4.96B (July 2026); clients fell from 753 to 712 and employees rose from 19 to 38.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $4.96B | 712 | 38 | 11 |
| Jun 2025June 2025 | $1.54B | 832 | 22 | 5 |
| Mar 2024March 2024 | $1.74B | 844 | 26 | 5 |
| Mar 2023March 2023 | $1.5B | 829 | 24 | 5 |
| Apr 2022April 2022 | $1.49B | 787 | 24 | 5 |
| Jul 2021July 2021 | $1.31B | 753 | 19 | 3 |
Besides its headquarters, Southstate Private Capital Management has 10 offices, with 11 listed addresses across 7 states.
South Carolina · 5 listed addresses
- 520 Gervais Street, ColumbiaHQ
- 200 East Broad Street, Greenville
- 320 East Main Street, Spartanburg
- 899 Island Park Drive, Daniel Island
- 2440 Mall Drive, Charleston
Alabama · 1 listed address
- 600 Luckie Drive, Birmingham
Colorado · 1 listed address
- 1331 17th Street, Denver
Georgia · 1 listed address
- 25 Bull Street, Savannah
North Carolina · 1 listed address
- 30 Town Square BLVD., Asheville
Texas · 1 listed address
- 2101 Cedar Springs RD, Dallas
Virginia · 1 listed address
- 901 E Cary Street, Richmond
Other business names
Southstate Private Capital Management has reported 5 other business names to the SEC.
- Minis & Company
- Private Capital Management
- Southstate Advisory
- Southstate Retirement Plan Services
- Southstate Wealth
Contact and registration details
- Legal name
- Southstate Private Capital Management LLC
- Headquarters
- 520 Gervais Street, Columbia, SC 29201
- Website
- Not reported
- Phone
- 803-231-3492
- @south-state-bank
- SEC file
- 801-77650
- Structure
- Colorado LLC
- Fiscal year end
- December
Southstate Private Capital Management’s named custodians for separately managed accounts are Southstate Bank, N.A. ($3.79B, 79%) and Charles Schwab ($980M, 21%). Southstate Private Capital Management has custody of $340M for 369 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $980M21%
- Southstate Bank, N.A.Southstate Bank, N.A. · Columbia, SC · $3.79B79%
At year end, Southstate Private Capital Management’s separately managed accounts were largely in stocks (45%) and funds (30%).
What the accounts hold
- Stocks45%
- Funds30%
- Registered funds29%
- Pooled vehicles1%
- Bonds12%
- U.S. government and agency bonds9%
- State and local bonds2%
- Investment grade corporate bonds1%
- Cash9%
- Other4%
- Annuities4%
How many clients does Southstate Private Capital Management have?
Southstate Private Capital Management has 712 clients and manages $4.96 billion for them, as of July 2026. They include 346 individual clients, 219 high-net-worth individuals, and 91 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026
What services does Southstate Private Capital Management offer?
Southstate Private Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Southstate Private Capital Management use?
Southstate Private Capital Management’s separately managed account assets are held at Southstate Bank, N.A. (Columbia, SC), with $3.79B and Charles Schwab & Co., Inc. (Westlake, TX), with $980M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 July 2026
How many financial advisors does Southstate Private Capital Management have?
Southstate Private Capital Management has 27 investment adviser representatives registered with state securities authorities, out of 38 employees, and 27 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 0 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Southstate Private Capital Management invest in?
At the end of its last fiscal year, Southstate Private Capital Management’s separately managed accounts held 45% exchange-traded equities, 29% registered funds (mutual funds, ETFs, BDCs), 9% U.S. government and agency bonds, 9% cash and equivalents, 4% other, 2% state and local bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar). The 4% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Southstate Private Capital Management?
Southstate Private Capital Management is owned through a holding company by Southstate Bank Corporation. Its direct owner is Southstate Bank, N.A. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 July 2026
How does Southstate Private Capital Management get paid?
Southstate Private Capital Management is paid through a percentage of assets under management, hourly charges and fixed fees. 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
How do I contact Southstate Private Capital Management?
Southstate Private Capital Management’s main office is at 520 Gervais Street, Columbia, SC 29201. Its phone number is 803-231-3492.