Berkeley Square Asset Management, LLC (Denver)

Berkeley Square Asset Management, LLC is a large advisory firm based in Denver. It manages $145.01 million of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Colorado.

Berkeley Square Asset Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Berkeley Square Asset Management: assets under management

The assets under management (AUM) of Berkeley Square Asset Management, LLC is $145.01 million. The firm's AUM has grown by 0% since the beginning of its operation, and $3.2 million of the total AUM is attributable to clients outside of the United States.

The firm manages $6.54 million in discretionary accounts and $138.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $817.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $15.39 million.

Investments

The firm invests in investment grade corporate bonds the most. They account for 68% of the total AUM. The second-largest asset type is exchange traded securities, which make up 11% 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 Berkeley Square Asset Management, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Berkeley Square Asset Management serves?

The firm provides services to insurance companies and high net worth individuals. The largest group of clients of Berkeley Square Asset Management is insurance companies with 9 clients and $138.47 million of assets under management. Among the 6 most similar advisory firms, Berkeley Square Asset Management has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $145.01 million for 17 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 94% of the firm’s clients are foreign persons or businesses.

Berkeley Square Asset Management doesn't advise any private funds.

Careers at Berkeley Square Asset Management, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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 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.

Drew F Knowles joined the executive team most recently as the President And Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Matthew William Hayden	Chief executive officer	1 May 2017	50% - 75%	5126037
Drew F Knowles	President and cco	1 May 2017	50% - 75%	5066844

Based in Denver

The principal office where Berkeley Square Asset Management, LLC performs its advisory services is located at 1875 Lawrence Street,, Denver, CO 80202, 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 720-588-2040 or by fax 720-726-8001. The normal business hours are 9-5 on Monday - Friday.