Buchanan Street Partners, L.P

CRD#169052
Investment Advisor Firm

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Learn more about Buchanan Street Partners, L.P

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Buchanan Street Partners, L.P operates as a financial advisory firm that has its headquarters in Newport Beach, California. Buchanan Street Partners, L.P manages $1.7 billion in total assets throughout 22 client accounts, placing it among the largest firms in the country by assets under management (AUM). It has a small team, including 12 financial advisors. Buchanan Street Partners, L.P does not act as a registered broker-dealer, signifying that the firm is not able to buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer company to do so. Securities are tradable financial assets like options, equities and bonds.

    Buchanan Street Partners, L.P manages 16 of the firm's accounts in a discretionary manner. Discretionary management means that buy and sell judgments for the client's account are made by a portfolio manager without needing to seek client consent. Buchanan Street Partners, L.P also oversees six non-discretionary accounts totaling $539.0 million in AUM. Buchanan Street Partners, L.P oversees an average of $78.3 million for each customer account. The typical advisor at Buchanan Street Partners, L.P manages around two client accounts, making it one of the most personalized firms in the country.

    The firm's main office is at 3501 Jamboree Road, Newport Beach, California 92660. The firm is registered to provide services to customers in the state of California.

    Assets Under Management

    $1.7 billion

    Number of Advisors

    12

    Disclosures

    No

    Office Location

    3501 Jamboree Road
    Newport Beach, CA 92660

    Buchanan Street Partners, L.P by the Numbers

    Total Assets Under Management

    $1.7 billion

    National Average: $8.6 billion
    Total Number of Employees

    25

    National Average: 64
    Total Number of Accounts

    22

    National Average: 375,227
    Average Account Size

    $78.3 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial management fees largely are based on which services are offered. However, fees charged by the firm can include any blend of the following fee types: asset-based, fixed or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by Buchanan Street Partners, L.P.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    Buchanan Street Partners, L.P works with pooled investment vehicles. Out of its 22 customers, Buchanan Street Partners, L.P's largest client group is pooled investment vehicles. None of the firm's clients reside abroad.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Buchanan Street Partners, L.P does not have any disclosures.

    Please visit its Form ADV for more details.

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