Investments Disclosure - First Horizon Advisors
Investments Disclosure

Note: Broker-dealers are required to disclose any material arrangements with the venues listed in each section below, including, but not limited to, any internalization or payment for order flow arrangements.

003
FIRST HORIZON ADVISORS, INC.
165 Madison Ave.
14th Floor
Memphis, TN 38103

SEC Rule 606 Quarterly Report for the Quarter Ending September 30, 2019

Securities Listed on New York Stock Exchange

Summary Statistics:

  • Non-directed orders as percentage of total customer orders - 100.00%
  • Market orders as percentage of total non-directed orders - 81.50%
  • Limit orders as percentage of total non-directed orders - 17.66%
  • Other orders as percentage of total non-directed orders - 0.83%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

  1. Citadel Securities LLC - 47.08%
  2. VIRTU Americas LLC - 23.75%
  3. G1 Execution Services, LLC - 8.55%
  4. National Financial Services LLC - 5.88%
  5. New York Stock Exchange - 3.51%
  6. NASDAQ Execution Services, LLC - 3.30%
  7. Cboe EDGX U.S. Equities Exchange - 3.16%
  8. UBS Securities, LLC - 2.23%
  9. Two Sigma Securities, LLC - 2.05%
  10. Cboe BZX U.S. Equities Exchange - 0.31%

Information Concerning Significant Venues:

  1. Citadel Securities LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 52.52%
    • Limit orders as percentage of total non-directed orders - 21.85%
    • Other orders as percentage of total non-directed orders - 50.00%
  2. VIRTU Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 26.15%
    • Limit orders as percentage of total non-directed orders - 11.81%
    • Other orders as percentage of total non-directed orders - 41.67%
  3. G1 Execution Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 10.11%
    • Limit orders as percentage of total non-directed orders - 1.77%
    • Other orders as percentage of total non-directed orders - 0.00%
  4. National Financial Services LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders 6.10%
    • Limit orders as percentage of total non-directed orders - 5.12%
    • Other orders as percentage of total non-directed orders - 0.00%
  5. New York Stock Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders 0.00%
    • Limit orders as percentage of total non-directed orders - 19.69%
    • Other orders as percentage of total non-directed orders - 4.17%
  6. NASDAQ Execution Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.00%
    • Limit orders as percentage of total non-directed orders - 18.70%
    • Other orders as percentage of total non-directed orders - 0.00%
  7. Cboe EDGX U.S. Equities Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.00%
    • Limit orders as percentage of total non-directed orders - 17.91%
    • Other orders as percentage of total non-directed orders - 0.00%
  8. UBS Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 2.60%
    • Limit orders as percentage of total non-directed orders - 0.59%
    • Other orders as percentage of total non-directed orders - 0.00%
  9. Two Sigma Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 2.39%
    • Limit orders as percentage of total non-directed orders - 0.59%
    • Other orders as percentage of total non-directed orders - 0.00%
  10. Cboe BZX U.S. Equities Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders 0.00%
    • Limit orders as percentage of total non-directed orders - 1.77%
    • Other orders as percentage of total non-directed orders - 0.00%

Securities Listed on The Nasdaq Stock Market

Summary Statistics:

  • Non-directed orders as percentage of total customer orders - 100.00%
  • Market orders as percentage of total non-directed orders - 89.02%
  • Limit orders as percentage of total non-directed orders - 8.80%
  • Other orders as percentage of total non-directed orders - 2.18%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

  1. Citadel Securities LLC - 50.96%
  2. VIRTU Americas LLC - 25.00%
  3. G1 Execution Services, LLC - 10.10%
  4. National Financial Services LLC - 5.49%
  5. NASDAQ Execution Services, LLC - 4.01%
  6. UBS Securities, LLC - 1.83%
  7. Two Sigma Securities, LLC - 1.66%
  8. Cboe EDGX U.S. Equities Exchange - 0.70%
  9. Cboe BZX U.S. Equities Exchange - 0.26%

Information Concerning Significant Venues:

  1. Citadel Securities LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 53.52%
    • Limit orders as percentage of total non-directed orders - 13.86%
    • Other orders as percentage of total non-directed orders - 96.00%
  2. VIRTU Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 25.64%
    • Limit orders as percentage of total non-directed orders - 23.76%
    • Other orders as percentage of total non-directed orders - 4.00%
  3. G1 Execution Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 11.06%
    • Limit orders as percentage of total non-directed orders - 2.97%
    • Other orders as percentage of total non-directed orders - 0.00%
  4. National Financial Services LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 5.97%
    • Limit orders as percentage of total non-directed orders - 1.98%
    • Other orders as percentage of total non-directed orders - 0.00%
  5. NASDAQ Execution Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.00%
    • Limit orders as percentage of total non-directed orders - 45.54%
    • Other orders as percentage of total non-directed orders - 0.00%
  6. UBS Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 1.96%
    • Limit orders as percentage of total non-directed orders - 0.99%
    • Other orders as percentage of total non-directed orders - 0.00%
  7. Two Sigma Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 1.86%
    • Limit orders as percentage of total non-directed orders - 0.00%
    • Other orders as percentage of total non-directed orders - 0.00%
  8. Cboe EDGX U.S. Equities Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.00%
    • Limit orders as percentage of total non-directed orders - 7.92%
    • Other orders as percentage of total non-directed orders - 0.00%
  9. Cboe BZX U.S. Equities Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.00%
    • Limit orders as percentage of total non-directed orders - 2.97%
    • Other orders as percentage of total non-directed orders - 0.00%

Securities Listed on NYSE American or Regional Exchanges

Summary Statistics:

  • Non-directed orders as percentage of total customer orders - 100.00%
  • Market orders as percentage of total non-directed orders - 96.76%
  • Limit orders as percentage of total non-directed orders - 3.18%
  • Other orders as percentage of total non-directed orders - 0.06%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

  1. Citadel Securities LLC - 56.81%
  2. VIRTU Americas LLC - 26.72%
  3. G1 Execution Services, LLC - 9.60%
  4. Two Sigma Securities, LLC - 2.01%
  5. National Financial Services LLC - 1.56%
  6. UBS Securities, LLC - 1.43%
  7. NYSE Arca - 0.58%
  8. Cboe BZX U.S. Equities Exchange - 0.39%
  9. Cboe EDGX U.S. Equities Exchange - 0.26%
  10. First Horizon Advisors, Inc. - 0.26%

Information Concerning Significant Venues:

  1. Citadel Securities LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 57.31%
    • Limit orders as percentage of total non-directed orders - 40.82%
    • Other orders as percentage of total non-directed orders - 100.00%
  2. VIRTU Americas LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 27.48%
    • Limit orders as percentage of total non-directed orders - 4.08%
    • Other orders as percentage of total non-directed orders - 0.00%
  3. G1 Execution Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 9.92%
    • Limit orders as percentage of total non-directed orders - 0.00%
    • Other orders as percentage of total non-directed orders - 0.00%
  4. Two Sigma Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 2.08%
    • Limit orders as percentage of total non-directed orders - 0.00%
    • Other orders as percentage of total non-directed orders - 0.00%
  5. National Financial Services, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 1.61%
    • Limit orders as percentage of total non-directed orders - 0.00%
    • Other orders as percentage of total non-directed orders - 0.00%
  6. UBS Securities, LLC
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 1.34%
    • Limit orders as percentage of total non-directed orders - 4.08%
    • Other orders as percentage of total non-directed orders - 0.00%
  7. NYSE Arca
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.00%
    • Limit orders as percentage of total non-directed orders - 18.37%
    • Other orders as percentage of total non-directed orders - 0.00%
  8. Cboe BZX U.S. Equities Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.00%
    • Limit orders as percentage of total non-directed orders - 12.24%
    • Other orders as percentage of total non-directed orders - 0.00%
  9. Cboe EDGX U.S. Equities Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.00%
    • Limit orders as percentage of total non-directed orders - 8.16%
    • Other orders as percentage of total non-directed orders - 0.00%
  10. First Horizon Advisors, Inc.
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.27%
    • Limit orders as percentage of total non-directed orders - 0.00%
    • Other orders as percentage of total non-directed orders - 0.00%

Exchange - Listed Options

Summary Statistics:

  • Non-directed orders as percentage of total customer orders - 100.00%
  • Market orders as percentage of total non-directed orders - 53.62%
  • Limit orders as percentage of total non-directed orders - 45.99%
  • Other orders as percentage of total non-directed orders - 0.39%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

  1. Cboe Options Exchange - 37.57%
  2. NASDAQ PHLX Options - 22.70%
  3. BOX Option Exchange - 6.46%
  4. ISE Gemini Options Exchange - 5.68%
  5. The MIAX Options Exchange - 5.48%
  6. NASDAQ Options Market - 4.70%
  7. NYSE Arca Options - 4.50%
  8. Cboe EDGX Option Exchange - 4.31%
  9. NYSE American Options - 1.96%
  10. International Securities Exchange - 1.96%

Information Concerning Significant Venues:

  1. Cboe Options Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 43.80%
    • Limit orders as percentage of total non-directed orders - 29.79%
    • Other orders as percentage of total non-directed orders - 100.00%
  2. NASDAQ PHLX Options
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 22.26%
    • Limit orders as percentage of total non-directed orders - 23.40%
    • Other orders as percentage of total non-directed orders - 0.00%
  3. BOX Option Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 11.31%
    • Limit orders as percentage of total non-directed orders - 0.85%
    • Other orders as percentage of total non-directed orders - 0.00%
  4. ISE Gemini Options Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 1.46%
    • Limit orders as percentage of total non-directed orders 10.64%
    • Other orders as percentage of total non-directed orders - 0.00%
  5. The MIAX Options Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 6.93%
    • Limit orders as percentage of total non-directed orders - 3.83%
    • Other orders as percentage of total non-directed orders - 0.00%
  6. NASDAQ Options Market
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 0.73%
    • Limit orders as percentage of total non-directed orders - 9.36%
    • Other orders as percentage of total non-directed orders - 0.00%
  7. NYSE Arca Options
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 1.46%
    • Limit orders as percentage of total non-directed orders - 8.09%
    • Other orders as percentage of total non-directed orders - 0.00%
  8. Cboe EDGX Option Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 1.46%
    • Limit orders as percentage of total non-directed orders - 7.66%
    • Other orders as percentage of total non-directed orders - 0.00%
  9. NYSE American Options
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 2.55%
    • Limit orders as percentage of total non-directed orders - 1.28%
    • Other orders as percentage of total non-directed orders - 0.00%
  10. International Securities Exchange
    Types of Orders Routed to Venue:
    • Market orders as percentage of total non-directed orders - 3.28%
    • Limit orders as percentage of total non-directed orders - 0.43%
    • Other orders as percentage of total non-directed orders - 0.00%