SANDLAPPER Securities, LLC raises over $64 million in 2015
January 6, 2016
Full service independent broker dealer and distributor of alternative investments SANDLAPPER Securities, LLC (“Sandlapper”) ended 2015 on a record high. Sandlapper acted as dealer manager in 20 private placement securities offerings, closed 18 and raised $64,127,658 from 581 investors for investments in over $104.4 million in assets. In addition, 37 Sandlapper registered representatives across the country made approximately another $302 million in principal investments for clients.
Across the Sandlapper Family of Companies, which is comprised of SANDLAPPER Securities, LLC, Sandlapper Wealth Management, LLC, Sandlapper Capital Investments, LLC, Sandlapper Insurance Services, LLC and other related entities, the firms end 2015 with well over a billion in assets under management. “We are thrilled to have been able to end the year on such a high given the continued volatility and uncertainty of the markets,” states Trevor L. Gordon, founder and CEO of the SANDLAPPER Companies. “When Jack [Bixler, Co-Founder and Principal in the SANDLAPPER Companies] and I set out in 2011 to change our business model and create a more diverse line up of products, programs and avenues of business to help mitigate overall investment risks for our clients and ourselves, as well as to take advantages of opportunities created in a dynamic economic environment, we thought it would take much longer to reach the levels we have been able to achieve in four short years. We are thrilled with the results and much credit goes to the fantastic team we have been able to assemble within each of the companies.”
SANDLAPPER expects to see even more uncertainty and volatility in 2016. “There is continued global economic turmoil, divisiveness domestically driven largely with the presidential election and continued weakness in middle class earnings,” states Bixler. “With this we see areas of opportunity, and others with which we need to manage expectations for clients. Much as with our business model we feel if we spend more time seeking to mitigate risk we can create more opportunity to take advantage of those ‘diamonds in the rough’ to be identified in this market.”
Gordon continues, “Despite all, or perhaps because of market uncertainty, we expect to see further growth within the company and overall companies in 2016. We have already identified several areas in real estate and the oil patch to work with and will have investments throughout the year to seize these opportunities.” One such opportunity launched in December 2015 was the SL Finance Opportunity Fund, a preferred equity vehicle from sister company Sandlapper Capital Investments to raise capital for the firm to deploy in even more real estate acquisitions for 2016. The Fund is for accredited investors only and has a 15% preferred return with a 10% current distribution rate.
ABOUT SANDLAPPER SECURITIES, LLC
Founded in 2005, SANDLAPPER Securities, LLC (Member FINRA/SIPC), is the award winning flagship firm in the SANDLAPPER Group of Companies and is an independent securities brokerage firm with registered representatives located throughout the United States. SANDLAPPER principals and founders Trevor Gordon and Jack Bixler, along with their senior management team bring more than 100 years of financial service, advisory, and management experience to the organization. In 2013, the company was named the number one small business in South Carolina by SC Biz News. In 2014, the company was named one of the nation’s top 100 Financial Services Companies (ranking #56) and in 2015, for the third year in a row, the company was named one of the 5,000 fastest-growing private companies in America by Inc. Magazine. They have also been twice named as a top 5 fastest growing company in the state of South Carolina by Greenville Business Magazine. For more information visit www.sandlappersecurities.com.
