Souther Capital Management L.L.C.

The firm advises individual and high‑net‑worth clients, offering discretionary portfolio management and financial planning services. Like many independent advisers, it uses asset‑based billing for ongoing management and also accepts performance‑based fee arrangements for qualified investors under a high‑water‑mark structure.

The investment process is built around an Investment Policy Statement that documents client goals, tax considerations, time horizon, and risk tolerance, and the adviser generally manages accounts on a discretionary basis. The firm employs fundamental, technical, and cyclical analysis and implements a range of strategies — including long and short trading, margin, short sales, and a short‑biased option strategy — all of which the brochure identifies as carrying material risk.

The firm manages roughly $6.56 million across a very small number of client accounts, with all accounts reviewed by the firm’s principal. The brochure discloses that the principal has significant outside business roles, including a board position related to direct lithium extraction and a chief investment officer role at a private‑equity‑owned operating company, and it notes that both the use of performance‑based fees alongside asset‑based accounts and these outside activities are potential sources of conflicts that the firm addresses in its disclosures.