Bridges Investment Management Inc (Omaha)

Name: Bridges Investment Management Inc
Address: 1125 S 103 St, Omaha, NE, 68124
Telephone: 402-397-4700

Bridges Investment Management Inc is a large advisory firm based in Omaha. It manages $4.24 billion of regulatory assets for 1,652 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Nebraska.

Bridges Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, educational seminars and workshops, and securities research services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bridges Investment Management: assets under management

The assets under management (AUM) of Bridges Investment Management Inc is $4.24 billion. The firm's AUM has grown by 1268% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.12 billion in discretionary accounts and $110.64 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.64 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.23 million.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 14% of the firm’s portfolio. Investments in government bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bridges Investment Management Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Edson Lowell Ii Bridges serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Edson Lowell Ii Bridges is high net worth individuals with 1,381 clients and $2.04 billion of assets under management. Among the 8 most similar advisory firms, Bridges Investment Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $4.24 billion for 1,652 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Bridges Investment Management doesn't advise any private funds.

Careers at Bridges Investment Management Inc

The company employs 35 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Edson Lowell Ii Bridges has been acting as President since 1 Mar 2006. Steven Howard Woodward joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edson Lowell Bridges Iii	President, ceo, director, & class a shareholder	1 Dec 1994	75% - 100%	2280928
Edson Lowell Iii Bridges	President & ceo	1 Dec 1994	75% - 100%	2280928
Edson Lowell Bridges	Managing director	1 Dec 1994	Other	2280930
Mary Ann Mason	Secretary /treasurer	1 Dec 1994	Other	2280886
Deborah Lee Grant	Vice president & coo	1 Nov 1998	Other	2280888
Kathleen Joyce Stranik	Asst. secretary/ asst. treasurer	1 Mar 1999	Other	2280854
Patricia Sarah Rohloff	Vice president & class a shareholder	1 Nov 1999	Other	2482471
Nancy A Klingemann	Vice president	1 Nov 1999	Other	2280880
Brian Michael Kirkpatrick	Vice president	1 Nov 1999	Other	2280883
Douglas Richard Plahn	Vice president	1 Nov 1999	Other	2482473
Nancy K Dodge	Vice president	1 Nov 1999	Other	2280880
Edson Lowell Bridges	Executive administrator	1 Mar 2002	Other	2280930
Randall Dewey Greer	Senior executive associate	1 Dec 2002	Other	816739
Randall Dewey Greer	Vice president	1 Mar 2004	Other	816739
Deborah Lee Grant	Senior vice president, director & class a shareholder	1 Mar 2006	Other	2280888
Edson Lowell Bridges Ii	Director & class a shareholder	1 Mar 2006	Other	2280930
Mary Ann Mason	Senior vice president, secretary, treasurer & class a shareholder	1 Mar 2006	Other	2280886
Nancy K Dodge	Senior vice president & class a shareholder	1 Mar 2006	Other	2280880
Edson Lowell Ii Bridges	Director	1 Mar 2006	Other	2280930
Brian Michael Kirkpatrick	Senior vice president & director of research	1 Mar 2006	Other	2280883
Douglas Richard Plahn	Senior vice president & chief financial officer	1 Mar 2006	Other	2482473
Randall Dewey Greer	Executive vice president, chief operating officer, chief compliance officer & director	1 Mar 2006	Other	816739
Brian Michael Kirkpatrick	Senior vice president, director of research, chief compliance officer, director & class a shareholder	1 Nov 2006	Other	2280883
Douglas Richard Plahn	Senior vice president, chief financial officer, director & class a shareholder	1 Nov 2006	Other	2482473
Brian Michael Kirkpatrick	Senior vice president, director of research & chief compliance officer	1 Dec 2006	Other	2280883
Brian Robert Miles	Vice president	1 Mar 2013	Other	6318641
Inc. Bridges Holding Company	Shareholder	1 Jul 2017	75% - 100%	82-1261775
Michael Graham App	Executive vice president, & director	1 Jul 2017	Other	2196553
Megan Marie Mcmurry	Vice president	1 Sep 2017	Other	6377544
Nicholas Alan Wilwerding	Senior vice president	1 Feb 2018	Other	5178185
Felix Beard Davidson	Chief operating officer	1 Apr 2019	Other	3061512
Steven Howard Woodward	Chief compliance officer	1 Jul 2019	Other	2422422

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Mccarthy Group	Shareholder	1 Dec 2006	50% - 75%	84-1720665
Inc. Mgi Holdings	Shareholder	1 Jul 2017	50% - 75%	47-0697955

Based in Omaha

The principal office where Bridges Investment Management Inc performs its advisory services is located at 1125 S 103 St, Omaha, NE 68124, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 402-397-4700 or by fax 402-397-8617. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at bridgesinv.com.