Behrman Brothers Management Corp

CRD#161083
Investment Advisor Firm

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Learn more about Behrman Brothers Management Corp

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

    • Overview

    Behrman Brothers Management Corp is a financial advisor firm that has its headquarters in New York, New York. The company administers $1.1 billion in assets under management across four customer accounts, making it one of the larger financial advisory firms in the country by assets under management (AUM). It has a small team, including 12 financial advisors. Behrman Brothers Management Corp does not act as a registered broker-dealer, meaning the company is not able to buy and sell securities for its own accounts as well as its clients' and instead has to go through a broker-dealer company to do so. Securities are defined as exchangable financial investments such as stocks, bonds and options.

    Behrman Brothers Management Corp manages all of the company's accounts in a discretionary manner. Discretionary management means that a portfolio manager has the discretion to make buy and sell judgments for the client's account without needing to seek the client's approval. The investment advisory firm supervises about $282.1 million in assets for each account. The typical advisor at Behrman Brothers Management Corp administers fewer than one client account, placing it among the most individualized advisor firms in the country.

    The company's main office is located at 126 E 56Th Street, New York, New York 10022.

    Assets Under Management

    $1.1 billion

    Number of Advisors

    12

    Disclosures

    No

    Office Location

    126 E 56Th Street
    New York, NY 10022

    Behrman Brothers Management Corp by the Numbers

    Total Assets Under Management

    $1.1 billion

    National Average: $8.6 billion
    Total Number of Employees

    14

    National Average: 64
    Total Number of Accounts

    4

    National Average: 375,227
    Average Account Size

    $282.1 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial advisory services largely depend on which services are provided. However, fees billed by the firm can include the following fee structures: asset-based, performance-based or other. Behrman Brothers Management Corp does not provide a wrap fee program, in which the company offers a bundle of services for a comprehensive fee.

    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 10% of firms

      Other

      Show Explanation

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

    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 32% of firms that offer this fee type

      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.

    Back to Overview

    Types of Clients

    It works with pooled investment vehicles. Out of its four customers, Behrman Brothers Management Corp's biggest client type by number of accounts is pooled investment vehicles. None of its clients are represented by people from outside of the U.S.

    • 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

    Behrman Brothers Management Corp does not have any disclosures.

    Please visit its Form ADV for more details.

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