Bbr Partners, LLC

CRD#109688
Investment Advisor Firm

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Learn more about Bbr Partners, LLC

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Bbr Partners, LLC is located at 55 East 52nd Street, New York, NY. The firm employs 60 financial advisors to manage client portfolios and provide financial guidance. Bbr Partners, LLC is not a registered broker-dealer.

    Bbr Partners, LLC oversees $28.1 billion in assets under management across 4,600 accounts, of which 4,500 are discretionary and 100 are non-discretionary. Over the past year, the firm has provided financial planning services to between 101 and 250 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. The firm caters to retail investors, high net worth investors, investment companies, pooled investment vehicles, charitable organizations, and corporations, with high net worth investors being the largest client type by accounts. The fee structure at Bbr Partners, LLC includes asset-based, fixed, and performance-based fees. The firm has 1,625 high net worth clients.

    Bbr Partners, LLC is registered in the states of Alabama, California, Kansas, Maine, Nebraska, Nevada, New York, North Carolina, Ohio, Oregon, Vermont, Arizona, Idaho, Montana, Colorado, Delaware, District of Columbia, Rhode Island, Tennessee, Connecticut, Florida, Georgia, Missouri, New Jersey, Illinois, New Hampshire, Texas, Iowa, Kentucky, Louisiana, Maryland, Pennsylvania, Massachusetts, Oklahoma, South Carolina, South Dakota, Virginia, Washington, Wisconsin, and Wyoming.

    Assets Under Management

    $28.1 billion

    Number of Advisors

    60

    Disclosures

    No

    Office Location

    55 East 52Nd Street
    New York, NY 10055

    Bbr Partners, LLC by the Numbers

    Total Assets Under Management

    $28.1 billion

    National Average: $8.6 billion
    Total Number of Employees

    170

    National Average: 64
    Total Number of Accounts

    4,600

    National Average: 375,227
    Average Account Size

    $6.1 million

    National Average: $23.0 thousand
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    Products and Services

    Bbr Partners, LLC provides a number of financial services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. In the past financial year, Bbr Partners, LLC provided 101-250 of its accounts with financial planning services. It does not sell products or offer services aside from investment advisory services to its investment advisory accounts.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Find a firm that offers this service

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Find a firm that offers this service

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Fees for financial advisory services usually vary depending on which services are provided. Fees charged by Bbr Partners, LLC can consist of any blend of the following fee types: asset-based, fixed, or performance-based.

    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

    The firm does business with a number of different investors. It provides services to retail investors, high net worth investors, investment companies, pooled investment vehicles, charitable organizations, and corporations. Out of its 6 clients, Bbr Partners, LLC's biggest client type by number of accounts is high net worth investors, although it also manages money for 1625 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 under management or a net worth of more than $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 88.75%
    • Other Individuals - 4.64%
    • Corporations - 3.6%
    • Charitable Organizations - 3%

    * 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

    Bbr Partners, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Bbr Partners, LLC

    Michael Darosa
    New York, NY
    Nikita Mutalik
    Berkeley Heights, NJ
    Robert Pierce
    New York, NY
    Matthew Barsalona
    Hoboken, NJ
    Gabriela Canaan
    New York, NY
    William Carter
    New York, NY
    John Niles
    New York, NY
    Charles Luzio
    New York, NY
    Nicholas Squires
    New York, NY

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