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 operates as an advisory company headquartered in New York, New York. It manages $24.1 billion in total assets throughout 4,300 customer accounts, placing it among the biggest investment advisory firms in the United States by assets under management (AUM). The firm has a large group, including 65 financial advisors. Bbr Partners, LLC is not a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer firm to do so. Securities are defined as tradable fiscal investments like options, bonds and equities.

    Bbr Partners, LLC administers more than half of its client assets in a discretionary manner. Discretionary management signifies that buy and sell judgments for the client's account are made by an investment advisor without needing to seek the client's consent. The company also has 100 non-discretionary accounts totaling $2.2 billion in assets under management. The investment advisory firm's average account size is $5.6 million. The average advisor at Bbr Partners, LLC oversees about 66 client accounts, making it about average in terms of personalization.

    The company's central office is located at 55 East 52Nd Street, New York, New York 10055. Bbr Partners, LLC is allowed to provide services to investors across 40 U.S. states and territories.

    Assets Under Management

    $24.1 billion

    Number of Advisors

    65

    Disclosures

    No

    Office Location

    55 East 52Nd Street
    New York, NY 10055

    Bbr Partners, LLC by the Numbers

    Total Assets Under Management

    $24.1 billion

    National Average: $8.6 billion
    Total Number of Employees

    165

    National Average: 64
    Total Number of Accounts

    4,300

    National Average: 375,227
    Average Account Size

    $5.6 million

    National Average: $23.0 thousand
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    Products and Services

    Bbr Partners, LLC provides a number of services, which can 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. In the last financial year, Bbr Partners, LLC provided financial planning services to 101-250 of its accounts. Bbr Partners, LLC does not sell products or offer services apart from investment advice to its investment advisory clients.

    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

    Financial management fees vary depending on which services the firm provides the client. However, fee types charged by Bbr Partners, LLC most likely are comprised of any blend of the following fee structures: asset-based, fixed or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

    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

    Bbr Partners, LLC manages money for a broad range of customers. Bbr Partners, LLC caters to retail investors, high net worth investors, investment companies, pooled investment vehicles, charitable organizations and corporations. Out of its 4,300 clients, Bbr Partners, LLC's largest client type is high net worth investors, but it also caters to 1,555 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 in AUM or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 3% of the company's accounts are represented by non-U.S. persons.

    • High-Net-Worth Individuals* - 88.3%
    • Other Individuals - 5.11%
    • Corporations - 3.46%
    • Charitable Organizations - 3.12%

    * 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

    Justin Molinaro
    New York, NY
    Richard Newman
    New York, NY
    Madison Gilbreth
    New York, NY
    Megan Schwinger
    New York, NY
    Sophie Holt
    New York, NY
    Daniel Trocchia
    Fair Haven, NJ
    Michael Wolson
    New York, NY
    Jacob Seide
    New York, NY
    Kevin Widmaier
    New York, NY

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