Broad Run Investment Management, LLC (Arlington)

Name: Broad Run Investment Management, LLC
Address: 1530 Wilson Blvd, Arlington, VA, 22209
Telephone: 703-260-1260

Broad Run Investment Management, LLC is a large advisory firm based in Arlington. It manages $2.33 billion of regulatory assets for 165 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, Georgia, Maryland, and 6 other states.

Broad Run Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Broad Run Investment Management: assets under management

The assets under management (AUM) of Broad Run Investment Management, LLC is $2.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 197% since the beginning of its operation, and $260.17 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.33 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $14.12 million each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in non-exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Broad Run Investment Management, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Broad Run Investment Management serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Broad Run Investment Management is investment companies with 1 clients and $1.77 billion of assets under management. Among the 7 most similar advisory firms, Broad Run Investment Management has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $2.33 billion for 162 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Broad Run Investment Management also advises several private funds.

Careers at Broad Run Investment Management, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 5 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Edward Macauley	Portfolio manager/managing member	1 Jul 2012	25% - 50%	2914250
David Shaffer Rainey	Portfolio manager/managing member	1 Jul 2012	25% - 50%	1555678
Ira Mitchell Rothberg	Portfolio manager/managing member	1 Jul 2012	25% - 50%	2964146
Lance Patrick Simpson	Director of finance & chief compliance officer	1 Apr 2014	Other	5670739
Bryan Hughes Adkins	Chief compliance officer & director of operations	1 Nov 2014	Other	6261256

Based in Arlington

The principal office where Broad Run Investment Management, LLC performs its advisory services is located at 1530 Wilson Blvd, Arlington, VA 22209, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 703-260-1260 or by fax 703-574-4312. The normal business hours are by appointment only on Other. You can find more information about the New York firm at broadrunllc.com and its LinkedIn profile.