Bbr Partners, LLC is a large advisory firm based in New York. It manages $15.89 billion of regulatory assets for 3,670 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Connecticut, and 27 other states.
Bbr Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bbr Partners, LLC is $15.89 billion. The firm's AUM has grown by 3913% since the beginning of its operation, and $1.63 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Bbr Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Mary Lehman Maclachlan is high net worth individuals with 1,150 clients and $10.44 billion of assets under management. Among the 10 most similar advisory firms, Bbr Partners has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $15.89 billion for 1,307 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
Bbr Partners also advises several private funds. Namely, nine hedge funds, two real estate funds, and sixteen private equity funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $1,000,000.
The company employs 115 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Mary Lehman Maclachlan has been acting as President since 1 Feb 2000. Sarah Elise Coyne joined the executive team most recently as the Partner.
The principal office where Bbr Partners, LLC performs its advisory services is located at Two Grand Central Tower, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-313-9870 or by fax 646-588-5023. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at bbrpartners.com.