Breiter Capital Management Inc (Bradenton)


Breiter Capital Management Inc is a large advisory firm based in Bradenton. It manages $202.99 million of regulatory assets for 268 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arkansas, California, Florida, and 5 other states.

Breiter Capital Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and allocation advice to other rias; speaking engagements; hourly consulting. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Breiter Capital Management: assets under management

The assets under management (AUM) of Breiter Capital Management Inc is $202.99 million. The firm's AUM has grown by 517% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $199.4 million in discretionary accounts and $3.59 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $752.46 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.2 million.
Breiter Capital Management has custody of $57.7 million in cash and securities for 92 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is investment and business development companies, which make up 37% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Breiter Capital Management Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Breiter Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Breiter Capital Management is high net worth individuals with 52 clients and $103.94 million of assets under management. Among the 6 most similar advisory firms, Breiter Capital Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $142.15 million for 263 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.

Breiter Capital Management doesn't advise any private funds.

Careers at Breiter Capital Management Inc

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 7 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
Thomas Herman Breiter President, treasurer, secretary, chief compliance officer 1 Jul 1992 75% - 100% 1716788
Charles Bradley Campbell Executive vp, cio 1 Aug 2018 25% - 50% 3030693
Geoffrey H Niebaum Vp, portfolio manager 1 Aug 2018 Other 4877678

Based in Bradenton

The principal office where Breiter Capital Management Inc performs its advisory services is located at 1001 Third Ave West, Bradenton, FL 34205, which is also the mailing address of the firm. An additional office of the firm is in Little Rock, AR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 941-778-1900 or by fax 941-778-1801. The normal business hours are 9:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at breitercapital.com.