Bear Creek Asset Management, LLC (Denver)

Bear Creek Asset Management, LLC is a large advisory firm based in Denver. It manages $7.72 billion of regulatory assets for 160 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Arizona, Colorado, and 10 other states.

Bear Creek Asset Management provides portfolio management for individuals and small businesses, 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.

Bear Creek Asset Management: assets under management

The assets under management (AUM) of Bear Creek Asset Management, LLC is $7.72 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7621% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.72 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $48.26 million each.

Bear Creek Asset Management has custody of $3.19 billion in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 43% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 43% of the firm’s portfolio. Investments in state and local bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bear Creek Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bear Creek Asset Management serves?

The firm provides services to charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Bear Creek Asset Management is corporations or other businesses with 21 clients and $5.63 billion of assets under management. Among the 10 most similar advisory firms, Bear Creek Asset Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $7.72 billion for 160 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Bear Creek Asset Management also advises several private funds. Namely, thirty eight hedge funds. The minimum investment commitment required of non-related persons ranges from $170 to $53,500,000.

Careers at Bear Creek Asset Management, LLC

The company employs 11 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 11 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate 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
Joseph Hodgesmckenzie Roddy	Managing director	1 Sep 2005	Other	1942879
Shawn Michael Oneal	Managing director	1 Oct 2005	Other	1651154
Llc Bear Creek Holding Company	Owning entity	1 Oct 2005	75% - 100%	20-3559785
Troy John Stonehocker	Vice president	1 Feb 2006	Other	2371159
William Trask Jackson	Managing director	1 Nov 2007	Other	1276126
Kevin Robert Tulk	Vice president	1 Nov 2007	Other	4544560
Steven Mickelson	Managing director	1 May 2010	Other	1715116
Scott Mckinney	Vice president	1 May 2011	Other	5958417
David Silver	Vice president	1 Apr 2012	Other	6060455
David Silver	Chief compliance officer	1 Dec 2013	Other	6060455
Kevin Robert Tulk	Managing director	1 Jan 2015	Other	4544560
Neil Michael Goff	Managing director	1 Sep 2015	Other	6546364
Jerry Lynn Wright	Managing director	1 Jul 2016	Other	2172708
Todd William Alton	Managing director	1 Nov 2017	Other	2876968

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Hodgesmckenzie Roddy	Managing director	1 Oct 2005	25% - 50%	1942879

Based in Denver

The principal office where Bear Creek Asset Management, LLC performs its advisory services is located at 1200 17 Th Street, Denver, CO 80202, which is also the mailing address of the firm. An additional office of the firm is in Blanco, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-459-7333 or by fax 303-459-7339. The normal business hours are 7 am to 3 pm on Monday - Friday.